New Glory Chits (Chavakkad) Limited
About New Glory Chits (Chavakkad) Limited
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New Glory Chits (Chavakkad) Limited is a public limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PLC033773.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kuriyakkose Vadakkethalapoovathingal Varghese (Managing Director) and Thanaparambilhouse Shaji Appunni.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No.7/78 – Pq City Plaza Gold Street Chavakkad, Thrissur, Kerala, India – 680506.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.18 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹10,309 (net margin 0.9%) and EBITDA of ₹99,412 (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
New Glory Chits (Chavakkad) Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.7/78 – Pq City Plaza Gold Street Chavakkad, Thrissur, Kerala, India – 680506
- IndustryFinancial Services, Financial Activities
To see the full contact details of New Glory Chits (Chavakkad) 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 Glory Chits (Chavakkad) 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 Glory Chits (Chavakkad) Limited, buy the company report.
Financials of New Glory Chits (Chavakkad) Limited
FY 2025 filings availableNew Glory Chits (Chavakkad) Limited reported revenue of ₹11.18 Lakh (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 21% growth in the latest year. EBITDA fell 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹99,412 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,309 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of New Glory Chits (Chavakkad) Limited, buy the company report.
Board of directors of New Glory Chits (Chavakkad) Limited
New Glory Chits (Chavakkad) has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thanaparambilhouse Shaji Appunni Also directs: Navaglory Chits Limited | Director | 09 Apr 2013 | 13 Years 6 Months | Current |
| Freddie Pius | Director | 07 Sep 2019 | 7 Years 1 Months | Current |
| Jayarajan Valiyapurakkal Krishnan | Director | 07 Sep 2019 | 7 Years 1 Months | Current |
| Thomson Jacob Vazhappilly | Director | 07 Sep 2019 | 7 Years 1 Months | Current |
| Kuriyakkose Vadakkethalapoovathingal Varghese Also directs: Navaglory Chits Limited | Managing Director | 09 Apr 2013 | 13 Years 6 Months | Current |
| Joy Melitpalathingal Francis Also directs: Navaglory Chits Limited | Director | 09 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
New Glory Chits (Chavakkad) 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 |
|---|---|---|---|---|---|---|
| Astonish Financers Pvt. Ltd. | ₹11.19 Lakh (FY 2024) | -64.0% | Kolkata, West Bengal, India | |||
| Dhanashobha Chits Private Limited | ₹11.19 Lakh (FY 2024) | 14.0% | Thrissur, Kerala, India | |||
| Sree Siva Ganapathy Chits Private Limited | ₹11.18 Lakh (FY 2025) | -16.0% | Coimbatore, Tamil Nadu, India | |||
| MKG Nidhi Limited | ₹11.18 Lakh (FY 2023) | 17.0% | Surajpur, Chhattisgarh, India | |||
| Elem Investments Private Limited | ₹11.18 Lakh (FY 2024) | -78.0% | Hyderabad, Telangana, India | |||
| New Glory Chits (Chavakkad) Limitedthis company | ₹11.18 Lakh (FY 2025) | ₹10,309 | 0.9% | 21.0% | Thrissur, Kerala, India | |
| S.M. Global Finance Limited | ₹11.18 Lakh (FY 2016) | 6.0% | New Delhi, Delhi, India | |||
| Rupali Financial Consultants Private Limited | ₹11.17 Lakh (FY 2023) | 194.0% | Kolkata, West Bengal, India | |||
| Atal Urban Nidhi Limited | ₹11.17 Lakh (FY 2024) | 858.0% | Nanded, Maharashtra, India | |||
| Maha Kubera Lakashmi Chits Private Limited | ₹11.16 Lakh (FY 2023) | -6.0% | Salem, Tamil Nadu, India | |||
| Capital Securities Limited | ₹11.16 Lakh (FY 2019) | -60.0% | Delhi, India |
To see the full peer comparison of New Glory Chits (Chavakkad) Limited, buy the company report.
Auditor
New Glory Chits (Chavakkad) Limited is audited by CHULLIPPARAMBILKRISHNAN ANANDANARAYANAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHULLIPPARAMBILKRISHNAN ANANDANARAYANAN | FY 2017 | 029166 |
Shareholding
The shareholding of New Glory Chits (Chavakkad) 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 Glory Chits (Chavakkad) Limited, buy the company report.
Legal cases
New Glory Chits (Chavakkad) Limited has 4 court cases on record: 4 filed by New Glory Chits (Chavakkad). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of New Glory Chits (Chavakkad) 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 New Glory Chits (Chavakkad) 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 Glory Chits (Chavakkad) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Glory Chits (Chavakkad) Limited has 13 board changes on record since 2013: 8 appointments and 5 cessations. The latest: Kelamkandath Gopinathannair ceased to be Director on 02 Oct 2023.
4 earlier events are in the company report.
Frequently asked questions
New Glory Chits (Chavakkad) is an active public limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 April 2013 (13+ years old) and is registered under CIN U65992KL2013PLC033773.
New Glory Chits (Chavakkad) has 8 current directors:
- Kuriyakkose Vadakkethalapoovathingal Varghese - Managing Director
- Thanaparambilhouse Shaji Appunni - Director
- Freddie Pius - Director
- Jayarajan Valiyapurakkal Krishnan - Director
- Thomson Jacob Vazhappilly - Director
- Joy Melitpalathingal Francis - Director
- James Chowallur Chakkunny - Director
- Joseph Edakkalathoor Antony - Director
The latest financial statements of New Glory Chits (Chavakkad) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Glory Chits (Chavakkad) is U65992KL2013PLC033773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Glory Chits (Chavakkad) has 4 court cases on record: 4 filed by the company.
New Glory Chits (Chavakkad) was incorporated on 09 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of New Glory Chits (Chavakkad) by revenue are Astonish Financers Pvt. Ltd, Dhanashobha Chits Private Limited, Sree Siva Ganapathy Chits Private Limited, MKG Nidhi Limited, Elem Investments Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kelamkandath Gopinathannair ceased to be Director on 02 Oct 2023. Joy Melitpalathingal Francis ceased to be Managing Director on 27 Dec 2021. Kuriyakkose Vadakkethalapoovathingal Varghese ceased to be Director on 27 Dec 2021. New Glory Chits (Chavakkad) has 13 board changes on record in total.
The registered office of New Glory Chits (Chavakkad) is at Door No.778 – Pq City Plaza Gold Street Chavakkad, Thrissur, Kerala, India – 680506.
New Glory Chits (Chavakkad) operates in the financial services industry, in the financial activities segment.
The compliance status of New Glory Chits (Chavakkad) is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
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