Ordinary Chits Private Limited
About Ordinary Chits Private Limited
Data last updated:
Ordinary Chits Private Limited was a private limited company based in Thrissur, 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 chit fund and microfinance segment of the financial services sector. It was incorporated on 13 November 2017.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2017PTC051033.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.2 Lakh. It was led by directors Sugathan Manapetti Pudukulam Kochakkan (Managing Director) and Koovakkadan Babu Thomas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Xxviii/200 F Near Kallada Regency Irinjalakuda, Thrissur, Kerala, India – 680121.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.83 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹5.31 Lakh (net margin -60.2%) and EBITDA of -₹5 Lakh (EBITDA margin -56.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
Company details
Contact details
Ordinary Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressXxviii/200 F Near Kallada Regency Irinjalakuda, Thrissur, Kerala, India – 680121
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Ordinary 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 Ordinary 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 Ordinary Chits Private Limited, buy the company report.
Financials of Ordinary Chits Private Limited
FY 2024 filings availableOrdinary Chits Private Limited reported revenue of ₹8.83 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 764% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5 Lakh | ||||
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| Net Profit (PAT) | -₹5.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -56.6% | ||||
| Net Profit Margin | -60.2% | ||||
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To see the full financial statements and ratios of Ordinary Chits Private Limited, buy the company report.
Board of directors of Ordinary Chits Private Limited
Ordinary Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugathan Manapetti Pudukulam Kochakkan Also directs: Island Kuries Private Limited | Managing Director | 13 Nov 2017 | 8 Years 11 Months | As last reported |
| Koovakkadan Babu Thomas Also directs: Island Kuries Private Limited, Paithrukam Chits Private Limited | Director | 13 Nov 2017 | 8 Years 11 Months | As last reported |
Peer comparison
Ordinary 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 |
|---|---|---|---|---|---|---|
| Athlakshmi Chits Private Limited | ₹8.84 Lakh (FY 2022) | -6.0% | Nagpur, Maharashtra, India | |||
| Jahnavi and Kamakhya Enterprises Private Limited | ₹8.84 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Sixco Chits Private Limited | ₹8.84 Lakh (FY 2015) | -3.0% | Haripad, Kerala, India | |||
| Tirupati Stock Broking & Services Pvt. Ltd. | ₹8.84 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Sadulpur Trading Cp.Pvt Ltd | ₹8.83 Lakh (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Ordinary Chits Private Limitedthis company | ₹8.83 Lakh (FY 2024) | -₹5.31 Lakh | -60.2% | -9.0% | Thrissur, Kerala, India | |
| Atapa Technologies Private Limited | ₹8.83 Lakh (FY 2024) | 131.0% | Noida, Uttar Pradesh, India | |||
| Saharsh Properties Private Limited | ₹8.82 Lakh (FY 2024) | -32.0% | Sreebhumi, West Bengal, India | |||
| Thunchan Nidhi Limited | ₹8.81 Lakh (FY 2023) | -21.0% | Thrissur, Kerala, India | |||
| Dolphin Holdings & Real Estate Pvt Ltd | ₹8.81 Lakh (FY 2022) | -59.0% | Raipur, Chhattisgarh, India | |||
| Zeel Ceramics Private Limited | ₹8.81 Lakh (FY 2016) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ordinary Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ordinary 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 Ordinary 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 Ordinary Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ordinary Chits Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Kallukaran Kochappu Paulson ceased to be Director on 02 Jan 2025.
Frequently asked questions
Ordinary 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.
Ordinary Chits was a private limited company based in Thrissur, Kerala, India. The company worked in chit fund, within the financial services industry. It was incorporated on 13 November 2017 and is registered under CIN U65992KL2017PTC051033. The company has been struck off by the Registrar of Companies and is no longer operational.
Ordinary Chits had 2 directors:
- Sugathan Manapetti Pudukulam Kochakkan - Managing Director
- Koovakkadan Babu Thomas - Director
The CIN (Corporate Identification Number) of Ordinary Chits is U65992KL2017PTC051033. 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 Ordinary Chits is at Xxviii200 F Near Kallada Regency Irinjalakuda, Thrissur, Kerala, India – 680121.
Ordinary Chits was incorporated on 13 November 2017. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Ordinary Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
Ordinary Chits operated in the financial services industry, in the chit fund segment. It worked in this industry before it was struck off.
The peers of Ordinary Chits by revenue are Athlakshmi Chits Private Limited, Jahnavi and Kamakhya Enterprises Private Limited, Sixco Chits Private Limited, Tirupati Stock Broking & Services Pvt. Ltd, Sadulpur Trading Cp.Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Kallukaran Kochappu Paulson ceased to be Director on 02 Jan 2025. Kanakkassery Manoharan ceased to be Director on 02 Jan 2025. Chamaparambil Mathew Thomas ceased to be Director on 10 Nov 2021. Ordinary Chits has 6 board changes on record in total.
The compliance status of Ordinary Chits is compliant as of 23 September 2026.