Chit Fund Company for Sale in Chennai, India
Leading Chit Fund in Tamil Nadu with 5,000+ active customers and annual business of over Rs. 100 crore.
This transaction has concluded.
Premium Plan
| Established | 50-60 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 530 thousand |
| Run Rate Sales | USD 630 thousand |
| EBITDA Margin | 40 % |
| Industries | Mutual Funds |
| Locations | Chennai |
| Local Time | 6:57 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
5.3 million
(Native Currency: INR 500,000,000)
Reason: Owners are looking to move to other business. Significant investments are required to leverage the s...
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Includes physical assets worth
USD
1.9 million
Interested to connect with advisors
Business Overview
- Pioneer chit fund business known as blue book of chit funds for its robust operation, transparency and trust.
- Fund has been running for over 50 years with multiple generations of directors.
- Have over 5,500 active customers with access to 14,000 more potential customers.
- One of the first company to adopt technology for running digital chits business.
- Company receives 5% of the funds in the chit as revenue.
- Physical assets of the company includes land and building.
- Fund has been running for over 50 years with multiple generations of directors.
- Have over 5,500 active customers with access to 14,000 more potential customers.
- One of the first company to adopt technology for running digital chits business.
- Company receives 5% of the funds in the chit as revenue.
- Physical assets of the company includes land and building.
Products & Services Overview
Chit fund operator with 5,500 active clients.
Facilities Overview
The company is headquartered in Chennai and has 10 branches across Tamil Nadu. Some of the properties are owned and the others are leased.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysAdvisor, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Bengaluru, M&A Advisor connected with the Business
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Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
Tags:
Collective Investment Fund Operator for Sale in Chennai, India
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·Buy Collective Investment Fund Operator in Chennai, India
·Collective Investment Fund Operator for Sale in Madras
·Purchase Collective Investment Fund Operator in Madras
·Buy Collective Investment Fund Operator in Madras
·Collective Investment Fund Operator for Sale
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