New Dhanamithra Chits Private Limited
About New Dhanamithra Chits Private Limited
Data last updated:
New Dhanamithra Chits Private Limited was a private limited company based in Coimbatore, Tamil Nadu, 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 12 March 2014.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020334.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.2 Lakh. It was led by directors Kokkali Rappai Thomas (Managing Director) and Sebastian Thozhuthumparambil Augustine.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 167/07 – 19 Pathi Gounder Thottam, Coimbatore, Tamil Nadu, India – 641008.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.25 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹82,596 (net margin -65.9%) and EBITDA of -₹68,691 (EBITDA margin -54.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
Company details
Contact details
New Dhanamithra Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address167/07 – 19 Pathi Gounder Thottam, Coimbatore, Tamil Nadu, India – 641008
- IndustryFinancial Services, Financial Activities
To see the full contact details of New Dhanamithra 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
Business activity
The main business activity of New Dhanamithra 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 New Dhanamithra Chits Private Limited, buy the company report.
Financials of New Dhanamithra Chits Private Limited
FY 2019 filings availableNew Dhanamithra Chits Private Limited reported revenue of ₹1.25 Lakh (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 58% fall in the latest year. EBITDA fell 329% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹68,691 | ||||
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| Net Profit (PAT) | -₹82,596 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -54.8% | ||||
| Net Profit Margin | -65.9% | ||||
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To see the full financial statements and ratios of New Dhanamithra Chits Private Limited, buy the company report.
Board of directors of New Dhanamithra Chits Private Limited
New Dhanamithra Chits has 2 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kokkali Rappai Thomas Also directs: Dhanamithra Kuries Private Limited | Managing Director | 17 Dec 2018 | 7 Years 10 Months | As last reported |
| Sebastian Thozhuthumparambil Augustine | Director | 04 May 2020 | 6 Years 5 Months | As last reported |
Peer comparison
New Dhanamithra 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 |
|---|---|---|---|---|---|---|
| Gramsanjivani Urban Nidhi Limited | ₹1.25 Lakh (FY 2020) | Aurangabad, Maharashtra, India | ||||
| Eibil Nidhi Limited | ₹1.25 Lakh (FY 2021) | 48.0% | Kota, Rajasthan, India | |||
| John Mary & Sons Kuri Private Limited | ₹1.25 Lakh (FY 2024) | 5.0% | Angamaly, Kerala, India | |||
| Davesh Developers Pvt. Ltd. | ₹1.25 Lakh (FY 2018) | 22.0% | Kolkata, West Bengal, India | |||
| Ashok Jeyachandran Chitfunds Private Limited | ₹1.25 Lakh (FY 2025) | -89.0% | Ambasamburam, Tamil Nadu, India | |||
| New Dhanamithra Chits Private Limitedthis company | ₹1.25 Lakh (FY 2019) | -₹82,596 | -65.9% | -58.0% | Coimbatore, Tamil Nadu, India | |
| Nimit Enterprises Pvt Ltd | ₹1.25 Lakh (FY 2024) | -24.0% | Assam, India | |||
| SSP Wealth Multiplier Private Limited | ₹1.25 Lakh (FY 2022) | Udaipur, Rajasthan, India | ||||
| Icon Fibers and Fabrics Private Limited | ₹1.25 Lakh (FY 2022) | -93.0% | Mumbai, Maharashtra, India | |||
| Dhansilk Suppliers Private Limited | ₹1.25 Lakh (FY 2017) | Kolkata, West Bengal, India | ||||
| Bark Estates Private Limited | ₹1.25 Lakh (FY 2025) | -17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of New Dhanamithra Chits Private Limited, buy the company report.
Auditor
New Dhanamithra Chits Private Limited is audited by UNNIKRISHNAN AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UNNIKRISHNAN AND CO | FY 2017 | 004460S |
Shareholding
The shareholding of New Dhanamithra Chits Private Limited 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 New Dhanamithra Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving New Dhanamithra 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 New Dhanamithra 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 New Dhanamithra Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Dhanamithra Chits Private Limited has 28 board changes on record since 2015: 2 appointments and 26 cessations. The latest: Chacko Lonappan Kunduprambil ceased to be Director on 04 May 2020.
19 earlier events are in the company report.
Frequently asked questions
New Dhanamithra 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.
New Dhanamithra Chits was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 12 March 2014 and is registered under CIN U65992TZ2014PTC020334. The company has been struck off by the Registrar of Companies and is no longer operational.
New Dhanamithra Chits had 2 directors:
- Kokkali Rappai Thomas - Managing Director
- Sebastian Thozhuthumparambil Augustine - Director
The CIN (Corporate Identification Number) of New Dhanamithra Chits is U65992TZ2014PTC020334. 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 New Dhanamithra Chits is at 16707 – 19 Pathi Gounder Thottam, Coimbatore, Tamil Nadu, India – 641008.
New Dhanamithra Chits was incorporated on 12 March 2014. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of New Dhanamithra Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
New Dhanamithra 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 New Dhanamithra Chits by revenue are Gramsanjivani Urban Nidhi Limited, Eibil Nidhi Limited, John Mary & Sons Kuri Private Limited, Davesh Developers Pvt. Ltd, Ashok Jeyachandran Chitfunds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chacko Lonappan Kunduprambil ceased to be Director on 04 May 2020. Francis Bindu ceased to be Director on 04 May 2020. Jose Kombarakaran Anthony ceased to be Director on 04 May 2020. New Dhanamithra Chits has 28 board changes on record in total.
The compliance status of New Dhanamithra Chits is compliant as of 19 July 2026.