
Ark Chit Funds Pvt Ltd
About Ark Chit Funds Pvt Ltd
Data last updated:
Ark Chit Funds Pvt Ltd is a private limited company based in Ernakulam, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 25 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1989PTC005488.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Madaparambil Chummar Kuruvilla (Managing Director) and Sunny Mannathookkaran.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 291/C Ananthapuri Complext B Junction Muvattupuzha, Ernakulam, Kerala, India – 686661.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ark Chit Funds Pvt Ltd's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address291/C Ananthapuri Complext B Junction Muvattupuzha, Ernakulam, Kerala, India – 686661
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ark Chit Funds Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ark Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Ark Chit Funds Pvt Ltd
FY 2019 filings availableArk Chit Funds Pvt Ltd reported revenue of ₹3,575 (down 96% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 96% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Ark Chit Funds Pvt Ltd, buy the company report.
Board of directors of Ark Chit Funds Pvt Ltd
Ark Chit Funds has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunny Mannathookkaran | Director | 28 Sep 2000 | 26 Years 0 Months | Current |
| Madaparambil Chummar Kuruvilla | Managing Director | 25 Sep 1989 | 37 Years 0 Months | Current |
| Areettal Charia Skaria | Director | 30 Jun 2013 | 13 Years 3 Months | Current |
| Naduviledath Kuriakose Geordy Also directs: Stocknet Securities Private Limited | Director | 28 Sep 2000 | 26 Years 0 Months | Current |
Peer comparison
Ark Chit Funds Pvt Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Rajalakshmi Chit Funds Private Limited | ₹5,000 (FY 2018) | -99.0% | North Arcot Dt, Tamil Nadu, India | |||
| Ramnirmal Chit Funds (Karnataka) Private Limited | ₹4,516 (FY 2023) | 4.0% | Bidar, Karnataka, India | |||
| Ark Chit Funds Pvt Ltdthis company | ₹3,575 (FY 2019) | -96.0% | Ernakulam, Kerala, India | |||
| Sivabanu Chit Funds Private Limited | ₹3,520 (FY 2025) | -89.0% | Chennai, Tamil Nadu, India | |||
| RK Varsana Chit Funds India Private Limited | ₹3,125 (FY 2025) | Sathyamangalam, Tamil Nadu, India | ||||
| Choksha Chit Funds Private Limited | ₹3,086 (FY 2022) | -77.0% | Vuyyuru, Andhra Pradesh, India | |||
| Banuvani Chit Funds Private Limited | ₹3,043 (FY 2025) | -99.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ark Chit Funds Pvt Ltd, buy the company report.
Auditor
Ark Chit Funds Pvt Ltd is audited by NARAYANAN.K for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARAYANAN.K | FY 2017 | 205098 |
Shareholding
The shareholding of Ark Chit Funds Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
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| Foreign institutional investors (FII) | ||
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To see the full shareholding pattern of Ark Chit Funds Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Ark Chit Funds Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ark Chit Funds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ark Chit Funds Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ark Chit Funds Pvt Ltd has 5 board changes on record since 1989: 4 appointments and 1 cessation. The latest: Areettal Charia Skaria was appointed as Director on 30 Jun 2013.
Frequently asked questions
Ark Chit Funds is an active private limited company based in Ernakulam, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 25 September 1989 (37+ years old) and is registered under CIN U65992KL1989PTC005488.
Ark Chit Funds has 4 current directors:
- Madaparambil Chummar Kuruvilla - Managing Director
- Sunny Mannathookkaran - Director
- Areettal Charia Skaria - Director
- Naduviledath Kuriakose Geordy - Director
The latest financial statements of Ark Chit Funds on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ark Chit Funds is U65992KL1989PTC005488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ark Chit Funds was incorporated on 25 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ark Chit Funds by revenue are Sri Rajalakshmi Chit Funds Private Limited, Ramnirmal Chit Funds (Karnataka) Private Limited, Sivabanu Chit Funds Private Limited, RK Varsana Chit Funds India Private Limited, Choksha Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Areettal Charia Skaria was appointed as Director on 30 Jun 2013. Paul Thomas Mathew ceased to be Director on 10 Jan 2010. Naduviledath Kuriakose Geordy was appointed as Director on 28 Sep 2000. Ark Chit Funds has 5 board changes on record in total.
The registered office of Ark Chit Funds is at 291C Ananthapuri Complext B Junction Muvattupuzha, Ernakulam, Kerala, India – 686661.
Ark Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Ark Chit Funds is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.
Ark Chit Funds can be reached at its registered office: 291C Ananthapuri Complext B Junction Muvattupuzha, Ernakulam, Kerala, India – 686661.