Karimpuzha Chits Private Limited
About Karimpuzha Chits Private Limited
Data last updated:
Karimpuzha Chits Private Limited was a private limited company based in Malappuram, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 02 April 2011.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC028107.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ummer Ulpilapatta (Managing Director) and Shereek Babu Panolan.
Its last annual general meeting (AGM) was held on 25 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Door No. VIII/374 E 1st Floor Keecheriyil Buildi Keecheriyil Building P.O. Karulai, Malappuram, Kerala, India – 679330.
As per the financials filed for FY 2016, the company reported a revenue of ₹87,000, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹33,411 (net margin -38.4%) and EBITDA of -₹16,012 (EBITDA margin -18.4%).
Company details
Contact details
Karimpuzha Chits Private Limited's registered office is in Malappuram, Kerala.
- Registered AddressDoor No. VIII/374 E 1st Floor Keecheriyil Buildi Keecheriyil Building P.O. Karulai, Malappuram, Kerala, India – 679330
- IndustryFinancial Services, Financial Activities
- 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 Karimpuzha 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 Karimpuzha Chits Private Limited, buy the company report.
Financials of Karimpuzha Chits Private Limited
FY 2016 filings availableKarimpuzha Chits Private Limited reported revenue of ₹87,000 (down 71% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year. EBITDA fell 216% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹16,012 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹33,411 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -18.4% | |
| Net Profit Margin | -38.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Karimpuzha Chits Private Limited, buy the company report.
Board of directors of Karimpuzha Chits Private Limited
Karimpuzha Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shereek Babu Panolan | Director | 02 Apr 2011 | 15 Years 6 Months | As last reported |
| Santhosh Babu Karuthedath | Director | 10 May 2011 | 15 Years 5 Months | As last reported |
| Ummer Ulpilapatta | Managing Director | 02 Apr 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Karimpuzha 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 |
|---|---|---|---|---|---|---|
| Baagmati Nidhi Limited | ₹87,290 (FY 2022) | Dharbhanga, Bihar, India | ||||
| Guruchetan Chits Private Limited | ₹87,262 (FY 2018) | Dharwad, Karnataka, India | ||||
| Jain Immovables & Investments Pvt Ltd | ₹87,250 (FY 2024) | -43.0% | Kolkata, West Bengal, India | |||
| Jyt Microfinance | ₹87,241 (FY 2017) | -26.0% | Bhopal, Madhya Pradesh, India | |||
| CBT International Private Limited | ₹87,205 (FY 2024) | -29.0% | P.S.Bow Bazar, West Bengal, India | |||
| Karimpuzha Chits Private Limitedthis company | ₹87,000 (FY 2016) | -₹33,411 | -38.4% | -71.0% | Malappuram, Kerala, India | |
| Shree Shree Siddhi Financial Services Private Limited | ₹86,894 (FY 2024) | -72.0% | Vapi, Gujarat, India | |||
| Insta Excel Nidhi Limited | ₹86,892 (FY 2021) | Panachamoodu, Tamil Nadu, India | ||||
| Roy and Dubey Research and Investments Private Limited | ₹86,874 (FY 2024) | 6417.0% | Pune, Maharashtra, India | |||
| Madurai Lakshmi Chit Fund Private Limited | ₹86,806 (FY 2025) | -75.0% | Madurai, Tamil Nadu, India | |||
| Samar Microfinance Private Limited | ₹86,718 (FY 2021) | 478.0% | Mathura, Uttar Pradesh, India |
To see the full peer comparison of Karimpuzha Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karimpuzha 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 Karimpuzha 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 Karimpuzha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karimpuzha Chits Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Mujeeb Rahman ceased to be Director on 31 Jul 2012.
Frequently asked questions
Karimpuzha Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Karimpuzha Chits was a private limited company based in Malappuram, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 02 April 2011 and is registered under CIN U65992KL2011PTC028107. The company has been struck off by the Registrar of Companies and is no longer operational.
Karimpuzha Chits had 3 directors:
- Ummer Ulpilapatta - Managing Director
- Shereek Babu Panolan - Director
- Santhosh Babu Karuthedath - Director
The CIN (Corporate Identification Number) of Karimpuzha Chits is U65992KL2011PTC028107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karimpuzha Chits is at Door No. VIII374 E 1st Floor Keecheriyil Buildi Keecheriyil Building P.O. Karulai, Malappuram, Kerala, India – 679330.
Karimpuzha Chits was incorporated on 02 April 2011. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Karimpuzha Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 25 September 2016. Year-wise statements from 2015 are in the company report.
Karimpuzha Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Karimpuzha Chits by revenue are Baagmati Nidhi Limited, Guruchetan Chits Private Limited, Jain Immovables & Investments Pvt Ltd, Jyt Microfinance, CBT International Private Limited and 5 more, all in the same principal business activity (other financial activities).
Mujeeb Rahman ceased to be Director on 31 Jul 2012. Santhosh Babu Karuthedath was appointed as Director on 10 May 2011. Shereek Babu Panolan was appointed as Director on 02 Apr 2011. Karimpuzha Chits has 4 board changes on record in total.
The compliance status of Karimpuzha Chits is active non-compliant as of 20 September 2026.