Newcomers Chits Private Limited
About Newcomers Chits Private Limited
Data last updated:
Newcomers Chits Private Limited is a private 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 10 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2015PTC038119.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kolanchery Paul Roy (Managing Director) and Thuruthumel Madhavan Rajan.
Its last annual general meeting (AGM) was held on 13 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Doorno:17/44/19;1 Stfloor Aazarcadepootholepo, Thrissur, Kerala, India – 680004.
As per the financials filed for FY 2018, the company reported a revenue of ₹73,989, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹75,142 (net margin -101.6%) and EBITDA of -₹68,083 (EBITDA margin -92%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Newcomers Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoorno:17/44/19;1 Stfloor Aazarcadepootholepo, Thrissur, Kerala, India – 680004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Newcomers 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 Newcomers 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 Newcomers Chits Private Limited, buy the company report.
Financials of Newcomers Chits Private Limited
FY 2018 filings availableNewcomers Chits Private Limited reported revenue of ₹73,989 (down 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹68,083 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹75,142 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -92% | |||
| Net Profit Margin | -101.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Newcomers Chits Private Limited, buy the company report.
Board of directors of Newcomers Chits Private Limited
Newcomers Chits has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kolanchery Paul Roy Also directs: Flair Kuries Private Limited | Managing Director | 10 Mar 2015 | 11 Years 7 Months | Current |
| Thuruthumel Madhavan Rajan Also directs: Flair Kuries Private Limited | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Denny Parekadan Jose | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Renni Thomas | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
| Preetha Srinesh | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Newcomers 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 |
|---|---|---|---|---|---|---|
| Altragen Investment Private Limited | ₹74,432 (FY 2024) | Pune, Maharashtra, India | ||||
| Malaveeyam Kuries Private Limited | ₹74,407 (FY 2020) | -34.0% | Via Mala, Kerala, India | |||
| Fason World Travels Pvt Ltd | ₹74,339 (FY 2018) | 102.0% | New Delhi, Delhi, India | |||
| Amaara Finance and Investment Private Limited | ₹74,313 (FY 2025) | -63.0% | Jajpur, Odisha, India | |||
| Modesty Finance and Investments Private Limited | ₹74,310 (FY 2025) | 8.0% | Telangana, India | |||
| Newcomers Chits Private Limitedthis company | ₹73,989 (FY 2018) | -₹75,142 | -101.6% | -61.0% | Thrissur, Kerala, India | |
| Ivan Kuries (Irinjalakuda) Private Limited | ₹73,884 (FY 2019) | -27.0% | Singanallur, Tamil Nadu, India | |||
| Vijayaveedhi Kundannur Kuries Private Limited | ₹73,703 (FY 2021) | -70.0% | Thrissur, Kerala, India | |||
| Ravidas Micro Finance Foundation | ₹73,682 (FY 2025) | 3.0% | Varanasi, Uttar Pradesh, India | |||
| Sri Kannan Enterprises Private Limited | ₹73,586 (FY 2024) | 742.0% | Bangalore, Karnataka, India | |||
| RDK & Son Trading Private Limited | ₹73,582 (FY 2025) | -66.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Newcomers Chits Private Limited, buy the company report.
Auditor
Newcomers Chits Private Limited is audited by HIRAN AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIRAN AND CO | FY 2017 | 013264S |
Shareholding
The shareholding of Newcomers 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 Newcomers Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Newcomers 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 Newcomers 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 Newcomers Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Newcomers Chits Private Limited has 9 board changes on record since 2015: 7 appointments and 2 cessations. The latest: Preetha Srinesh was appointed as Director on 20 Apr 2017.
Frequently asked questions
Newcomers Chits is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 March 2015 (11+ years old) and is registered under CIN U65992KL2015PTC038119.
Newcomers Chits has 5 current directors:
- Kolanchery Paul Roy - Managing Director
- Thuruthumel Madhavan Rajan - Director
- Denny Parekadan Jose - Director
- Renni Thomas - Director
- Preetha Srinesh - Director
The latest financial statements of Newcomers Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 13 July 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Newcomers Chits is U65992KL2015PTC038119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newcomers Chits was incorporated on 10 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Newcomers Chits by revenue are Altragen Investment Private Limited, Malaveeyam Kuries Private Limited, Fason World Travels Pvt Ltd, Amaara Finance and Investment Private Limited, Modesty Finance and Investments Private Limited and 5 more, all in the same principal business activity (other financial activities).
Preetha Srinesh was appointed as Director on 20 Apr 2017. Renni Thomas was appointed as Director on 20 Apr 2017. Vadakkepadikal Kochunny Srinesh ceased to be Director on 20 Apr 2017. Newcomers Chits has 9 board changes on record in total.
The registered office of Newcomers Chits is at Doorno:174419;1 Stfloor Aazarcadepootholepo, Thrissur, Kerala, India – 680004.
Newcomers Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Newcomers Chits is active non-compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Newcomers Chits can be reached at its registered office: Doorno:174419;1 Stfloor Aazarcadepootholepo, Thrissur, Kerala, India – 680004.