Desinganad Chits Private Limited
About Desinganad Chits Private Limited
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Desinganad Chits Private Limited is a private limited company based in Munroe Thuruth, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2020PTC063581.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarathchandran Purushothaman (Managing Director) and Thankamani Sarathchandran.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Building No.202 Ward VIII Perumpramanapurathu Nenmeni, Munroe Thuruth, Kerala, India – 691502.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.02 Lakh. For the same year it recorded a net loss of ₹30,447 (net margin -29.7%) and EBITDA of -₹21,935 (EBITDA margin -21.4%).
Company details
Contact details
Desinganad Chits Private Limited's registered office is in Munroe Thuruth, Kerala.
- Registered AddressBuilding No.202 Ward VIII Perumpramanapurathu Nenmeni, Munroe Thuruth, Kerala, India – 691502
- IndustryFinancial Services, Other Financial Intermediation
- 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 Desinganad Chits 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 Desinganad Chits Private Limited, buy the company report.
Financials of Desinganad Chits Private Limited
FY 2022 filings availableDesinganad Chits Private Limited reported revenue of ₹1.02 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
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| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | -₹21,935 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹30,447 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -21.4% | |
| Net Profit Margin | -29.7% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Desinganad Chits Private Limited, buy the company report.
Board of directors of Desinganad Chits Private Limited
Desinganad Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thankamani Sarathchandran | Director | 12 Aug 2020 | 6 Years 2 Months | Current |
| Sarathchandran Purushothaman | Managing Director | 12 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Desinganad Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Umang Dealcomm Private Limited | ₹1.03 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Kannapuram Nidhi Limited | ₹1.03 Lakh (FY 2023) | Kannur, Kerala, India | ||||
| Amity Finance Private Limited | ₹1.03 Lakh (FY 2025) | 33.0% | Uttar Pradesh, India | |||
| Shahagad Urban Multiple Nidhi Limited | ₹1.03 Lakh (FY 2019) | Shahagad, Maharashtra, India | ||||
| Sri Boomathi Chits Private Limited | ₹1.03 Lakh (FY 2017) | Oddanchatram, Tamil Nadu, India | ||||
| Desinganad Chits Private Limitedthis company | ₹1.02 Lakh (FY 2022) | -₹30,447 | -29.7% | Munroe Thuruth, Kerala, India | ||
| Easyneeds Nidhi Limited | ₹1.02 Lakh (FY 2020) | -88.0% | Gautam Budh Nagar, Uttar Pradesh, India | |||
| Trywell People Benefit Nidhi Limited | ₹1.02 Lakh (FY 2021) | Sitamarhi, Bihar, India | ||||
| Mugni Services (OPC) Private Limited | ₹1.02 Lakh (FY 2025) | -12.0% | Jammu, Jammu and Kashmir, India | |||
| VVC Merchants India Nidhi Limited | ₹1.02 Lakh (FY 2019) | Thiruvananthapuram, Kerala, India | ||||
| J F Low & Co Ltd | ₹1.02 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Desinganad Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Desinganad Chits Private Limited 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 Desinganad Chits Private Limited; 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 Desinganad Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Desinganad Chits Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sarathchandran Purushothaman was appointed as Managing Director on 12 Aug 2020.
Frequently asked questions
Desinganad Chits is an active private limited company based in Munroe Thuruth, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 August 2020 (6+ years old) and is registered under CIN U65999KL2020PTC063581.
Desinganad Chits has 2 current directors:
- Sarathchandran Purushothaman - Managing Director
- Thankamani Sarathchandran - Director
The latest financial statements of Desinganad Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Desinganad Chits is U65999KL2020PTC063581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desinganad Chits was incorporated on 12 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Desinganad Chits by revenue are Umang Dealcomm Private Limited, Kannapuram Nidhi Limited, Amity Finance Private Limited, Shahagad Urban Multiple Nidhi Limited, Sri Boomathi Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sarathchandran Purushothaman was appointed as Managing Director on 12 Aug 2020. Thankamani Sarathchandran was appointed as Director on 12 Aug 2020.
The registered office of Desinganad Chits is at Building No.202 Ward VIII Perumpramanapurathu Nenmeni, Munroe Thuruth, Kerala, India – 691502.
Desinganad Chits operates in the financial services industry, in the other financial intermediation segment.
Desinganad Chits can be reached at its registered office: Building No.202 Ward VIII Perumpramanapurathu Nenmeni, Munroe Thuruth, Kerala, India – 691502.
Desinganad Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.
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