Oyster Chits Private Limited
About Oyster Chits Private Limited
Data last updated:
Oyster 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 financial services and investment segment of the financial services sector. It was incorporated on 26 July 2011.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC028957.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.83 Lakh. It was led by directors Shibu Cheriyan and Nishad Kummamkandathil Abdulkader.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Room No. 28/85/48 B 2nd Floor Capital Towers Patturaikkal, Thrissur, Kerala, India – 680022.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.36 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹6,535 (net margin 1.9%) and EBITDA of ₹22,010 (EBITDA margin 6.5%).
Court records list 41 cases involving the company, including 41 filed by the company; 3 cases are pending.
Company details
Contact details
Oyster Chits Private Limited's registered office is in Thrissur, Kerala.
- Registered AddressRoom No. 28/85/48 B 2nd Floor Capital Towers Patturaikkal, Thrissur, Kerala, India – 680022
- 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
Business activity
The main business activity of Oyster 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 Oyster Chits Private Limited, buy the company report.
Financials of Oyster Chits Private Limited
FY 2016 filings availableOyster Chits Private Limited reported revenue of ₹3.36 Lakh (down 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA fell 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| 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 | ₹22,010 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,535 | |
| 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 | ||
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| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.5% | |
| Net Profit Margin | 1.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Oyster Chits Private Limited, buy the company report.
Board of directors of Oyster Chits Private Limited
Oyster Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shibu Cheriyan Also directs: Growwin Nidhi Limited | Director | 26 Jul 2011 | 15 Years 2 Months | As last reported |
| Nishad Kummamkandathil Abdulkader Also directs: Growwin Nidhi Limited | Director | 26 Jul 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Oyster 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 |
|---|---|---|---|---|---|---|
| Ivory Investments Pvt Ltd | ₹3.37 Lakh (FY 2025) | 175.0% | Ahmedabad, Gujarat, India | |||
| Chartered Capital Kuries Pvt Ltd | ₹3.37 Lakh (FY 2025) | -43.0% | Thrissur, Kerala, India | |||
| Sree Chakrajyothi Chit Funds Private Limited | ₹3.37 Lakh (FY 2023) | 96.0% | Thiruvananthapuram, Kerala, India | |||
| SSD Chits Private Limited | ₹3.37 Lakh (FY 2020) | Guntur, Andhra Pradesh, India | ||||
| Krishimitr India Nidhi Limited | ₹3.37 Lakh (FY 2025) | -55.0% | Khagaria, Bihar, India | |||
| Oyster Chits Private Limitedthis company | ₹3.36 Lakh (FY 2016) | ₹6,535 | 1.9% | -44.0% | Thrissur, Kerala, India | |
| Superasha Nidhi Limited | ₹3.36 Lakh (FY 2019) | Patna, Bihar, India | ||||
| Adil Tradelinks Private Limited | ₹3.36 Lakh (FY 2025) | 16.0% | Gondia, Maharashtra, India | |||
| Varm Nidhi Limited | ₹3.36 Lakh (FY 2024) | Vilathikulam, Tamil Nadu, India | ||||
| Gow Services Private Limited | ₹3.36 Lakh (FY 2024) | 18.0% | Patna, Bihar, India | |||
| Harikamal Mutual Benefit Nidhi Limited | ₹3.36 Lakh (FY 2022) | -42.0% | Parbhani, Maharashtra, India |
To see the full peer comparison of Oyster Chits Private Limited, buy the company report.
Legal cases
Oyster Chits Private Limited has 41 court cases on record: 41 filed by Oyster Chits. 3 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 0 | 3 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Court case (EA) | Filed by the company against an individual | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Oyster Chits Private 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 Oyster 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 Oyster Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oyster Chits Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Nishad Kummamkandathil Abdulkader was appointed as Director on 26 Jul 2011.
Frequently asked questions
Oyster 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.
Oyster Chits was a private limited company based in Thrissur, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 26 July 2011 and is registered under CIN U65992KL2011PTC028957. The company has been struck off by the Registrar of Companies and is no longer operational.
Oyster Chits had 2 directors:
- Shibu Cheriyan - Director
- Nishad Kummamkandathil Abdulkader - Director
The CIN (Corporate Identification Number) of Oyster Chits is U65992KL2011PTC028957. 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 Oyster Chits is at Room No. 288548 B 2nd Floor Capital Towers Patturaikkal, Thrissur, Kerala, India – 680022.
Oyster Chits was incorporated on 26 July 2011. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Oyster Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
Oyster 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 Oyster Chits by revenue are Ivory Investments Pvt Ltd, Chartered Capital Kuries Pvt Ltd, Sree Chakrajyothi Chit Funds Private Limited, SSD Chits Private Limited, Krishimitr India Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Oyster Chits has 41 court cases on record: 41 filed by the company. 3 are pending.
Nishad Kummamkandathil Abdulkader was appointed as Director on 26 Jul 2011. Shibu Cheriyan was appointed as Director on 26 Jul 2011.