Wellshine Chit Funds Private Limited - Due diligence report

A 360° intelligence report on Wellshine Chit Funds Private Limited: trust score, financial health, credit view, compliance, directors, growt…

2000-01-25 Tiruchirappalli, Tamil Nadu Under Liquidation Unlisted Active Compliant
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WC Wellshine Chit Funds Private Limited
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Wellshine Chit Funds Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
56/100
Trust Score
Moderate

Wellshine Chit Funds Private Limited is assessed as Moderate with a Trust Score of 56/100. Wellshine Chit Funds Private Limited is a private limited indian non-government company incorporated in 2000, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 23 Jul 2026 from the latest processed filings. Wellshine Chit Funds Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
56/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
43/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
35/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 43/100 Caution Indicated
  • Company status is "Under Liquidation" - not Active.
  • Balance sheet slightly behind (Mar 2024).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SRINIVASARAGHAVAN CHITRA 01234567 Director 01/04/2018 6 yrs Approved
THIRUNAVUKKARASU RENGANATHAN 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2018)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a minority stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 35
Growth signals & trust indicators
Operating for 26+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Adverse company status: Under Liquidation.
Compliance score is weak (43/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence44/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view44/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 9 events
19 Jul 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
29 Nov 2021
Director ceased
SRINIVASARAGHAVAN CHITRA
22 Feb 2021
Director appointed
SRINIVASARAGHAVAN CHITRA (Director)
23 Jan 2021
Director ceased
SRINIVASAN SRINIVASA RAGAVAN
29 Jul 2020
Director ceased
POTHIRAJULU NAIDU RAGHUPATHY
18 Feb 2013
Securities allotted
80000.00 Equity Shares - 8.00 Lakh raised
25 Jan 2000
Incorporated
Registered with Roc Chennai
Director appointed
THIRUNAVUKKARASU RENGANATHAN (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a minority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bloomsbury Solution Private Limited U70102WB2013PTC199030 Kolkata, West Bengal, India
Kayathur Holdings Private Limited U74999TN2005PTC055708 Chennai, Tamil Nadu, India
Sri Selvanithi Chits Private Limited U65929TN2018PTC122904 Trichy, Tamil Nadu, India
Unificap U67110TN2005PTC057489 Chennai 600006, Tamil Nadu, India
Geetu Forex Private Limited U67190PB2005PTC028555 Punjab, Punjab, India
Shahi Apparel Private Limited U18101DL2008PTC174440 New Delhi, Delhi, India
Baidyabati Ice & Cold Storage Pvt Ltd U63022WB1980PTC032508 Burdawan, West Bengal, India
Narayanonline U66010DL2016PTC303416 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Wellshine Chit Funds Private Limited before audits and certifications: compliance score 43/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Wellshine Chit Funds Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Wellshine Chit Funds Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 56/100, distress signals and MSME payment-delay disclosures - know whether Wellshine Chit Funds Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Wellshine Chit Funds Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Wellshine Chit Funds Private Limited an active company?

Wellshine Chit Funds Private Limited has MCA status “Under Liquidation” with a compliance score of 43/100 (Caution Indicated).

Is Wellshine Chit Funds Private Limited financially healthy?

Wellshine Chit Funds Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Wellshine Chit Funds Private Limited?

Its overall Trust Score is 56/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Wellshine Chit Funds Private Limited?

Promoters hold a minority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Wellshine Chit Funds Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Wellshine Chit Funds Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 43/100 (Caution Indicated).

Is it risky to lend to Wellshine Chit Funds Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.