
Salvation Chitties Private Limited
About Salvation Chitties Private Limited
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Salvation Chitties 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 08 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2001PTC014701.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sunil Sabu Malakkal Mulakkan (Managing Director) and Pulikottil Joseph Johny.
Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tc – X/46/13 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.74 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹24,438 (net margin -8.9%) and EBITDA of -₹24,438 (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over five years.
Court records list 26 cases involving the company, including 17 filed by the company and 9 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salvation Chitties Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTc – X/46/13 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Salvation Chitties 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 Salvation Chitties 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 Salvation Chitties Private Limited, buy the company report.
Financials of Salvation Chitties Private Limited
FY 2024 filings availableSalvation Chitties Private Limited reported revenue of ₹2.74 Lakh (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 12% 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 | -₹24,438 | ||||
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| Net Profit (PAT) | -₹24,438 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -8.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Salvation Chitties Private Limited, buy the company report.
Board of directors of Salvation Chitties Private Limited
Salvation Chitties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Sabu Malakkal Mulakkan | Managing Director | 08 May 2001 | 25 Years 5 Months | Current |
| Pulikottil Joseph Johny | Director | 11 Sep 2001 | 25 Years 1 Months | Current |
| Ponmany Ouseph Robin | Director | 11 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Salvation Chitties 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 |
|---|---|---|---|---|---|---|
| Zidane Investec Services Private Limited | ₹2.74 Lakh (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Chaithannya Dhana Nidhi Limited | ₹2.74 Lakh (FY 2025) | -49.0% | Palakkad, Kerala, India | |||
| Blueseed Fintech Private Limited | ₹2.74 Lakh (FY 2020) | Noida, Uttar Pradesh, India | ||||
| Investify Wealth Tech Private Limited | ₹2.74 Lakh (FY 2025) | 2771.0% | Delhi, India | |||
| Manartha Solutions Private Limited | ₹2.74 Lakh (FY 2024) | -82.0% | Bangalore, Karnataka, India | |||
| Salvation Chitties Private Limitedthis company | ₹2.74 Lakh (FY 2024) | -₹24,438 | -8.9% | 12.0% | Thrissur, Kerala, India | |
| Baid Financial Services Limited | ₹2.74 Lakh (FY 2024) | -11.0% | Mumbai, Maharashtra, India | |||
| Pambatheeram Nidhi Limited | ₹2.74 Lakh (FY 2020) | -45.0% | Koipuram, Kerala, India | |||
| Adore Investments Private Limited | ₹2.74 Lakh (FY 2025) | -8.0% | Ahmedabad, Gujarat, India | |||
| Dhyeya Multipurpose Mirajgaon Nidhi Limited | ₹2.74 Lakh (FY 2022) | Ahmednagar, Maharashtra, India | ||||
| Venus Barter Pvt Ltd | ₹2.74 Lakh (FY 2024) | -59.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Salvation Chitties Private Limited, buy the company report.
Auditor
Salvation Chitties Private Limited is audited by UDAYA RAJ RAO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDAYA RAJ RAO & ASSOCIATES | FY 2017 | 10996S |
Shareholding
The shareholding of Salvation Chitties 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 Salvation Chitties Private Limited, buy the company report.
Legal cases
Salvation Chitties Private Limited has 26 court cases on record: 17 filed by Salvation Chitties, 9 filed against it. 3 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 9 | 3 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Civil suit | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Appeal | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Salvation Chitties 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 Salvation Chitties 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 Salvation Chitties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salvation Chitties Private Limited has 5 board changes on record since 2001: 4 appointments and 1 cessation. The latest: Joseph Devassy Menachery ceased to be Director on 10 May 2012.
Frequently asked questions
Salvation Chitties 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 08 May 2001 (25+ years old) and is registered under CIN U65992KL2001PTC014701.
Salvation Chitties has 3 current directors:
- Sunil Sabu Malakkal Mulakkan - Managing Director
- Pulikottil Joseph Johny - Director
- Ponmany Ouseph Robin - Director
The latest financial statements of Salvation Chitties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salvation Chitties is U65992KL2001PTC014701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salvation Chitties has 26 court cases on record: 17 filed by the company and 9 filed against it. 3 are pending.
Salvation Chitties was incorporated on 08 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Salvation Chitties by revenue are Zidane Investec Services Private Limited, Chaithannya Dhana Nidhi Limited, Blueseed Fintech Private Limited, Investify Wealth Tech Private Limited, Manartha Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).
Joseph Devassy Menachery ceased to be Director on 10 May 2012. Joseph Devassy Menachery was appointed as Director on 14 Sep 2001. Ponmany Ouseph Robin was appointed as Director on 11 Sep 2001. Salvation Chitties has 5 board changes on record in total.
The registered office of Salvation Chitties is at Tc – X4613 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001.
Salvation Chitties operates in the financial services industry, in the financial activities segment.
The compliance status of Salvation Chitties is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.