Neuvo Millennium Chits Private Limited

Neuvo Millennium Chits Private Limited - financial services in Thrissur, Kerala, India. FY 2026 financials & compliance.
CIN U65992KL2018PTC053723 Incorporated 18 June 2018 ROC Ernakulam HQ Thrissur, Kerala, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹74.75 Lakh
▲ 13.65% YoY
Net profit · FY 2024
₹5.74 Lakh
Net margin 7.7%
EBITDA · FY 2024
₹7.96 Lakh
EBITDA margin 10.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
7
As per MCA filings
Active GSTINs
1
GST registered

About Neuvo Millennium Chits Private Limited

Data last updated:

Neuvo Millennium Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 18 June 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2018PTC053723. Its GSTIN is 32AAGCN1112P1ZM (Kerala).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Charly Tholath Job and Jose Thayyalakkal Joseph.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No.36/2556 First Floor K Warrier Memorial Trust Building, Thrissur, Kerala, India – 680001.

As per the financials filed for FY 2024, the company reported a revenue of ₹74.75 Lakh. For the same year it recorded a net profit of ₹5.74 Lakh (net margin 7.7%) and EBITDA of ₹7.96 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 37% over five years.

Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 9 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in January 2019. Its 10 peer companies in the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Samasthaiswarya Chits Private Limited with revenue of ₹74.83 Lakh.

For more details, the company can be reached via its website neochits.com.

Company details

CIN U65992KL2018PTC053723
Registration Number 053723
Incorporation Date 18 June 2018
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Neuvo Millennium Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Room No.36/2556 First Floor K Warrier Memorial Trust Building, Thrissur, Kerala, India – 680001
  • Industry
    Financial Services, Other Financial Intermediation, Kuri Companies, Chit Fund

To see the full contact details of Neuvo Millennium Chits Private Limited, buy the company report.

Comprehensive company report
Neuvo Millennium Chits Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Neuvo Millennium Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Neuvo Millennium Chits Private Limited, buy the company report.

Financials of Neuvo Millennium Chits Private Limited

FY 2025 filings available

Neuvo Millennium Chits Private Limited reported revenue of ₹74.75 Lakh for FY 2024.

Revenue · FY 2024
₹74.75 Lakh
Net profit · FY 2024
₹5.74 Lakh margin 7.7%
EBITDA · FY 2024
₹7.96 Lakh margin 10.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 1%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 24%
5 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years. EBITDA fell 33% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹7.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.74 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.7%
Net Profit Margin7.7%
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 Neuvo Millennium Chits Private Limited, buy the company report.

Board of directors of Neuvo Millennium Chits Private Limited

Neuvo Millennium Chits has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Charly Tholath JobDirector18 Jun 20188 Years 4 MonthsCurrent
Jose Thayyalakkal JosephDirector22 Nov 20223 Years 11 MonthsCurrent
Robson PaulDirector18 Jun 20188 Years 4 MonthsCurrent
JospheenaDirector22 Nov 20223 Years 11 MonthsCurrent
Joseph PiusDirector18 Jun 20188 Years 4 MonthsCurrent
Sreekumar Kadavil NarayananDirector08 Jan 20197 Years 10 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Neuvo Millennium 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Samasthaiswarya Chits Private Limited₹74.83 Lakh (FY 2019)-33.0%Kollam, Kerala, India
Vishaljoy Vinimay Pvt Ltd₹74.82 Lakh (FY 2024)368.0%Kolkata, West Bengal, India
Padmalaya Finserve Private Limited₹74.8 Lakh (FY 2024)177.0%Surat, Gujarat, India
Vraddhi Finvest Private Limited₹74.78 Lakh (FY 2025)440.0%Jaipur, Rajasthan, India
Kundavai Benefit Fund Limited₹74.77 Lakh (FY 2024)5.0%Thanjavur, Tamil Nadu, India
Neuvo Millennium Chits Private Limitedthis company₹74.75 Lakh (FY 2024)₹5.74 Lakh7.7%Thrissur, Kerala, India
Selvakiruthikai Chits Private Limited₹74.74 Lakh (FY 2025)4.0%Erode, Tamil Nadu, India
Hasti Finance Limited₹74.74 Lakh (FY 2019)-58.0%Chennai, Tamil Nadu, India
Bbravco Engineering Private Limited₹74.73 Lakh (FY 2024)47174.0%Gurgaon, Haryana, India
Tci Global Logistics Limited₹74.62 Lakh (FY 2018)82.0%New Delhi, Delhi, India
Bijapur Gouriganesh Chits Private Limited₹74.59 Lakh (FY 2024)-3.0%Vijayapur, Karnataka, India

To see the full peer comparison of Neuvo Millennium Chits Private Limited, buy the company report.

Deals & funding

Neuvo Millennium Chits Private Limited has 1 deal on record (1 rights issue); the latest was in January 2019.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2019Rights issue₹26 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Neuvo Millennium Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Neuvo Millennium Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAGCN1112P1ZMKeralaActive11 Dec 2019

To see the full GST registrations and return filing status of Neuvo Millennium Chits Private Limited, buy the company report.

Recent activity

Neuvo Millennium Chits Private Limited has 14 board changes on record since 2018: 7 appointments and 7 cessations. The latest: Jos Panthalukaran Kunhivareed ceased to be Director on 22 Nov 2022.

AGM
Neuvo Millennium Chits Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Neuvo Millennium Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Jos Panthalukaran Kunhivareed ceased to be Director.
Appointed
Jose Thayyalakkal Joseph was appointed as Director.
Appointed
Jospheena was appointed as Director.
Ceased
Kuttukkaran Kochappan Michael ceased to be Director.
Ceased
Raphel Perinchery Mathew ceased to be Director.
Ceased
Thomas Karerakattil Chakkunny ceased to be Director.
Ceased
George Mekkattukulam Inasu ceased to be Director.
Ceased
Jose Thayyalakkal Joseph ceased to be Director.
Ceased
Rosily Joseph ceased to be Director.
Appointed
Sreekumar Kadavil Narayanan was appointed as Director.

5 earlier events are in the company report.

Frequently asked questions

Neuvo Millennium Chits is an active private limited company based in Thrissur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 18 June 2018 (8+ years old) and is registered under CIN U65992KL2018PTC053723.

Neuvo Millennium Chits has 7 current directors:

The latest financial statements of Neuvo Millennium Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Neuvo Millennium Chits is 32AAGCN1112P1ZM, registered in Kerala.

The CIN (Corporate Identification Number) of Neuvo Millennium Chits is U65992KL2018PTC053723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neuvo Millennium Chits has 12 court cases on record: 11 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.

Neuvo Millennium Chits was incorporated on 18 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.

Neuvo Millennium Chits has 1 deal on record (1 rights issue); the latest was in January 2019.

The peers of Neuvo Millennium Chits by revenue are Samasthaiswarya Chits Private Limited, Vishaljoy Vinimay Pvt Ltd, Padmalaya Finserve Private Limited, Vraddhi Finvest Private Limited, Kundavai Benefit Fund Limited and 5 more, all in the same principal business activity (other financial activities).

Jos Panthalukaran Kunhivareed ceased to be Director on 22 Nov 2022. Jose Thayyalakkal Joseph was appointed as Director on 22 Nov 2022. Jospheena was appointed as Director on 22 Nov 2022. Neuvo Millennium Chits has 14 board changes on record in total.

Neuvo Millennium Chits can be reached through the website neochits.com. Its registered office is in Thrissur, Kerala, India.