Newday Chits Private Limited
About Newday Chits Private Limited
Data last updated:
Newday Chits Private Limited was a private limited company based in Kozhikode, Kerala, 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 17 January 2014.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC035916.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Manojkumar Vallikkat and Dinesh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Door No: 23 / 586 F 4 G K Building Bungalow Paramba Arts College (Po), Kozhikode, Kerala, India – 673018.
As per the financials filed for FY 2016, the company reported a revenue of ₹45,000, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2,708 (net margin 6%) and EBITDA of ₹12,692 (EBITDA margin 28.2%).
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- Registered AddressDoor No: 23 / 586 F 4 G K Building Bungalow Paramba Arts College (Po), Kozhikode, Kerala, India – 673018
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Newday Chits Private Limited
The main business activity of Newday Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Newday Chits Private Limited FY 2016 filings available
Newday Chits Private Limited reported revenue of ₹45,000 (up 157% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Newday Chits Private Limited
Revenue rose 157% in the latest year. EBITDA fell 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Newday Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹12,692 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹2,708 | •••• |
| 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 of Newday Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 28.2% | •••• |
| Net Profit Margin | 6% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Newday Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Newday Chits Private Limited
Newday Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Binswap Technologies Private Limited | ₹45,147 (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Clarity Finance Pvt Ltd | ₹45,128 (FY 2023) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Jayabhavni Chits Private Limited | ₹45,106 (FY 2020) | •••• | •••• | 341.0% | •••• | Hyderabad, Telangana, India |
| Ska Chitfunds Private Limited | ₹45,088 (FY 2022) | •••• | •••• | -78.0% | •••• | Hyderabad, Telangana, India |
| Indesca Commercial Ltd | ₹45,015 (FY 2023) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Newday Chits Private Limited this company | ₹45,000 (FY 2016) | •••• | •••• | 157.0% | •••• | Kozhikode, Kerala, India |
| Danta Wealth Management Private Limited | ₹45,000 (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Shri Shivshambhu Urban Multipurpose Nidhi Limited | ₹45,000 (FY 2022) | •••• | •••• | •••• | Beed, Maharashtra, India | |
| Sungold Shoppers Limited | ₹45,000 (FY 2025) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Shree Giriraj Leasing and Finance Limited | ₹45,000 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Ellora Tie-Up Private Limited. | ₹45,000 (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Newday Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Newday Chits Private Limited
Newday Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar Vallikkat | Director | 17 Jan 2014 | 12 Years 8 Months | As last reported |
| Dinesh | Director | 17 Jan 2014 | 12 Years 8 Months | As last reported |
Charges & Borrowings of Newday Chits Private Limited
Newday Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Newday Chits Private Limited
Employment history and EPFO contributions of people linked to Newday Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Newday Chits Private Limited
Newday Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Dinesh was appointed as Director on 17 Jan 2014.
Credit Ratings, Litigation & Regulatory Alerts for Newday Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Newday Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Newday Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Newday Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Newday Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Newday Chits Private Limited
Newday 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.
Newday Chits was a private limited company based in Kozhikode, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 January 2014 and is registered under CIN U65992KL2014PTC035916. The company has been struck off by the Registrar of Companies and is no longer operational.
Newday Chits had 2 directors:
- Manojkumar Vallikkat - Director
- Dinesh - Director
The CIN (Corporate Identification Number) of Newday Chits is U65992KL2014PTC035916. 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 Newday Chits is at Door No: 23 586 F 4 G K Building Bungalow Paramba Arts College Po, Kozhikode, Kerala, India – 673018.
Newday Chits was incorporated on 17 January 2014. It is registered with the Registrar of Companies, Ernakulam.
Newday Chits reported revenue of ₹45,000 for FY 2016 (up 157% YoY).
Newday Chits has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
Newday Chits reported a net profit of ₹2,708 (net margin 6%) and EBITDA of ₹12,692 (EBITDA margin 28.2%) for FY 2016, as per its filed financial statements.
Newday Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
No. Newday Chits is not listed on any stock exchange. It is an unlisted company.