Nedungad Chits Private Limited
About Nedungad Chits Private Limited
Data last updated:
Nedungad Chits Private Limited is a private limited company based in Nayarambalam, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 20 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2004PTC021751.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Kannachazhath House Rajan Sathish Kumar and Joseph George Arakkal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4/153A Nedungad, Nayarambalam, Kerala, India – 682509.
As per the financials filed for FY 2024, the company reported a revenue of ₹32,372, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹15,706 (net margin -48.5%) and EBITDA of -₹3,374 (EBITDA margin -10.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nedungad Chits has one previous CIN (Corporate Identification Number): U65992TZ2004PTC011401. The current CIN is U65992KL2004PTC021751, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992KL2004PTC021751 | Current |
| U65992TZ2004PTC011401 | Previous |
Contact details
Nedungad Chits Private Limited's registered office is in Nayarambalam, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address4/153A Nedungad, Nayarambalam, Kerala, India – 682509
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Nedungad Chits Private Limited, 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
Financials of Nedungad Chits Private Limited
FY 2025 filings availableNedungad Chits Private Limited reported revenue of ₹32,372 (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 97% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3,374 | ||||
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| Net Profit (PAT) | -₹15,706 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.4% | ||||
| Net Profit Margin | -48.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nedungad Chits Private Limited, buy the company report.
Board of directors of Nedungad Chits Private Limited
Nedungad Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannachazhath House Rajan Sathish Kumar Also directs: Nedungad Island Nidhi Limited, Edavanakad Kuries Private Limited, Nayarambalam Kuries Private Limited and 1 more | Director | 24 Oct 2004 | 22 Years 0 Months | Current |
| Joseph George Arakkal | Director | 14 Jan 2014 | 12 Years 9 Months | Current |
| Augustine Akkanath Kunjachan Also directs: Nedungad Island Nidhi Limited, Edavanakad Kuries Private Limited, Nayarambalam Kuries Private Limited and 1 more | Director | 24 Oct 2004 | 22 Years 0 Months | Current |
Shareholding
The shareholding of Nedungad Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nedungad Chits Private Limited, buy the company report.
Legal cases
Nedungad Chits Private Limited has 7 court cases on record: 7 filed by Nedungad Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Nedungad Chits Private Limited, 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 Nedungad Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nedungad Chits Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Nedungad Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nedungad Chits Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Pazhampilly Kumaran Joji ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Nedungad Chits is an active private limited company based in Nayarambalam, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 20 October 2004 (22+ years old) and is registered under CIN U65992KL2004PTC021751.
Nedungad Chits has 3 current directors:
- Kannachazhath House Rajan Sathish Kumar - Director
- Joseph George Arakkal - Director
- Augustine Akkanath Kunjachan - Director
The latest financial statements of Nedungad Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nedungad Chits is U65992KL2004PTC021751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nedungad Chits has 7 court cases on record: 7 filed by the company.
Nedungad Chits was incorporated on 20 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.
Pazhampilly Kumaran Joji ceased to be Additional Director on 30 Sep 2015. Valooran Antony Varghese ceased to be Director on 22 Sep 2015. Joseph George Arakkal ceased to be Additional Director on 29 Sep 2014. Nedungad Chits has 7 board changes on record in total.
The registered office of Nedungad Chits is at 4153A Nedungad, Nayarambalam, Kerala, India – 682509.
Nedungad Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Nedungad Chits is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.