Bhasura Chit Funds Pvt Ltd
About Bhasura Chit Funds Pvt Ltd
Data last updated:
Bhasura Chit Funds Pvt Ltd is a private limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1983PTC003777.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.65 Lakh. It is led by directors including Pradeep Kadavil and Babu Kadavil.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Cochin Devaswom Boardbuilding, Thrissur, Kerala, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.57 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Lakh (net margin -69.7%) and EBITDA of -₹96,575 (EBITDA margin -61.5%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 26% over five years.
Court records list 44 cases involving the company, including 40 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhasura Chit Funds Pvt Ltd's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCochin Devaswom Boardbuilding, Thrissur, Kerala, India
- IndustryFinancial Services, Financial Activities
To see the full contact details of Bhasura 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 Bhasura 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 |
To see the full business activity and turnover split of Bhasura Chit Funds Pvt Ltd, buy the company report.
Financials of Bhasura Chit Funds Pvt Ltd
FY 2022 filings availableBhasura Chit Funds Pvt Ltd reported revenue of ₹1.57 Lakh (down 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 23% fall in the latest year. EBITDA rose 65% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹96,575 | ||||
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| Net Profit (PAT) | -₹1.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -61.5% | ||||
| Net Profit Margin | -69.7% | ||||
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To see the full financial statements and ratios of Bhasura Chit Funds Pvt Ltd, buy the company report.
Board of directors of Bhasura Chit Funds Pvt Ltd
Bhasura Chit Funds has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kadavil | Director | 26 Sep 1998 | 28 Years 1 Months | Current |
| Babu Kadavil | Director | 13 Sep 1983 | 43 Years 1 Months | Current |
| Manamthindil Gopalan Sajeev | Director | 18 Sep 2014 | 12 Years 1 Months | Current |
| Gopalakrishnan Puthenveed Manikkan | Director | 28 Dec 1987 | 38 Years 10 Months | Current |
| Karthikeyan Kaniyamparambil Chathu | Director | 23 Oct 1999 | 27 Years 0 Months | Current |
| Kadavil Ayyappan Mukunthan | Director | 29 Sep 1999 | 27 Years 1 Months | Current |
Peer comparison
Bhasura Chit Funds Pvt Ltd is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Maliakkal Chit Funds (Aluva) Private Limited | ₹1.66 Lakh (FY 2020) | -51.0% | Aluva, Kerala, India | |||
| Kalpaganapathy Chit Funds Private Limited | ₹1.6 Lakh (FY 2025) | -42.0% | Arakkonam, Tamil Nadu, India | |||
| Sri Radhakrishna Chit Funds Private Limited | ₹1.57 Lakh (FY 2019) | -42.0% | Musiri, Trichy Dist, Tamil Nadu, India | |||
| Bhasura Chit Funds Pvt Ltdthis company | ₹1.57 Lakh (FY 2022) | -₹1.09 Lakh | -69.7% | -23.0% | Thrissur, Kerala, India | |
| Om Muruga Chit Funds Private Limited | ₹1.56 Lakh (FY 2025) | 20.0% | Sattur, Tamil Nadu, India | |||
| Kalai Chit Funds Private Limited | ₹1.49 Lakh (FY 2021) | 6.0% | Erode, Tamil Nadu, India | |||
| Sri Lakshmi Sahasra Chit Funds Private Limited | ₹1.47 Lakh (FY 2024) | 58.0% | Hyderabad, Telangana, India | |||
| Varam Chit Funds Private Limited | ₹1.46 Lakh (FY 2025) | -90.0% | Telangana, India |
To see the full peer comparison of Bhasura Chit Funds Pvt Ltd, buy the company report.
Auditor
Bhasura Chit Funds Pvt Ltd is audited by R RAJAN ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R RAJAN ASSOCIATES | FY 2017 | 003422S |
Shareholding
The shareholding of Bhasura 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 | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhasura Chit Funds Pvt Ltd, buy the company report.
Legal cases
Bhasura Chit Funds Pvt Ltd has 44 court cases on record: 40 filed by Bhasura Chit Funds, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 0 | 0 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP(C)) | Filed against the company by an individual | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Bhasura Chit Funds Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhasura 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 Bhasura Chit Funds Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhasura Chit Funds Pvt Ltd has 10 board changes on record since 1983: 6 appointments and 4 cessations. The latest: Prabhakaran Nair Kappat ceased to be Director on 20 Jun 2018.
1 earlier event is in the company report.
Frequently asked questions
Bhasura Chit Funds is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 September 1983 (43+ years old) and is registered under CIN U65992KL1983PTC003777.
Bhasura Chit Funds has 6 current directors:
- Pradeep Kadavil - Director
- Babu Kadavil - Director
- Manamthindil Gopalan Sajeev - Director
- Gopalakrishnan Puthenveed Manikkan - Director
- Karthikeyan Kaniyamparambil Chathu - Director
- Kadavil Ayyappan Mukunthan - Director
The latest financial statements of Bhasura Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhasura Chit Funds is U65992KL1983PTC003777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhasura Chit Funds has 44 court cases on record: 40 filed by the company and 4 filed against it. Most are in the district courts.
Bhasura Chit Funds was incorporated on 13 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Bhasura Chit Funds by revenue are Maliakkal Chit Funds (Aluva) Private Limited, Kalpaganapathy Chit Funds Private Limited, Sri Radhakrishna Chit Funds Private Limited, Om Muruga Chit Funds Private Limited, Kalai Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Prabhakaran Nair Kappat ceased to be Director on 20 Jun 2018. Kadavil Narayanan Falgunan ceased to be Director on 24 Jul 2017. Manamthindil Gopalan Sajeev was appointed as Director on 18 Sep 2014. Bhasura Chit Funds has 10 board changes on record in total.
The registered office of Bhasura Chit Funds is at Cochin Devaswom Boardbuilding, Thrissur, Kerala, India.
Bhasura Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Bhasura Chit Funds is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
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