About Serveindia (No.1) Chits Private Limited
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Serveindia (No.1) Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 05 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2019PTC060195.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.45 Lakh. It is led by directors Maliammavu Jose Jojee and Nedumatathail Varkey Roygeorge.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.10/555 – 21 Pallikulam Road, Thrissur, Kerala, India – 680001.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.46 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹5.08 Lakh (net margin 15.7%) and EBITDA of ₹7.32 Lakh (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 188% over five years.
Court records list 20 cases involving the company, including 20 filed by the company; 7 cases are pending.
For more details, the company can be reached via its website serveindiachits.com.
Company details
Contact details
Serveindia (No.1) Chits Private Limited's registered office is in Thrissur, Kerala.
- Registered AddressNo.10/555 – 21 Pallikulam Road, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Serveindia (No.1) 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 Serveindia (No.1) Chits Private Limited, buy the company report.
Financials of Serveindia (No.1) Chits Private Limited
FY 2025 filings availableServeindia (No.1) Chits Private Limited reported revenue of ₹32.46 Lakh (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 188%. EBITDA fell 65% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.32 Lakh | ||||
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| Net Profit (PAT) | ₹5.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.5% | ||||
| Net Profit Margin | 15.7% | ||||
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To see the full financial statements and ratios of Serveindia (No.1) Chits Private Limited, buy the company report.
Board of directors of Serveindia (No.1) Chits Private Limited
Serveindia (No.1) Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maliammavu Jose Jojee | Director | 05 Nov 2019 | 7 Years 0 Months | Current |
| Nedumatathail Varkey Roygeorge | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Serveindia (No.1) 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 |
|---|---|---|---|---|---|---|
| GS Urban Nidhi Limited | ₹32.51 Lakh (FY 2024) | 29.0% | Bid, Maharashtra, India | |||
| Amit Kumar Technologies Private Limited | ₹32.5 Lakh (FY 2025) | 72.0% | Gohana, Haryana, India | |||
| Chakkaravarthi Chits Private Limited | ₹32.48 Lakh (FY 2018) | -21.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Metrolink Outsourcing Services Private Limited | ₹32.47 Lakh (FY 2025) | -63.0% | Ahmedabad, Gujarat, India | |||
| PSB Chits Private Limited | ₹32.47 Lakh (FY 2017) | -10.0% | Gurgaon, Haryana, India | |||
| Serveindia (No.1) Chits Private Limitedthis company | ₹32.46 Lakh (FY 2025) | ₹5.08 Lakh | 15.7% | -39.0% | Thrissur, Kerala, India | |
| Highline Finance and Investments Private Limited | ₹32.45 Lakh (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| Vypinunion Chitties Private Limited | ₹32.44 Lakh (FY 2025) | -11.0% | Vachakkal, Kerala, India | |||
| Kudumbasree Chit Funds Private Limited | ₹32.43 Lakh (FY 2025) | 8.0% | Thrissur, Kerala, India | |||
| Rashmi Properties & Investments Ltd. | ₹32.42 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Kejriwal Enterprises Ltd | ₹32.42 Lakh (FY 2025) | -6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Serveindia (No.1) Chits Private Limited, buy the company report.
Legal cases
Serveindia (No.1) Chits Private Limited has 20 court cases on record: 20 filed by Serveindia (No.1) Chits. 7 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 0 | 7 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Serveindia (No.1) 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 Serveindia (No.1) 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 Serveindia (No.1) Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Serveindia (No.1) Chits Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Joseph Erinjery ceased to be Director on 15 Feb 2024.
Frequently asked questions
Serveindia (No.1) Chits is an active private limited company based in Thrissur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 05 November 2019 (7+ years old) and is registered under CIN U65992KL2019PTC060195.
Serveindia (No.1) Chits has 2 current directors:
- Maliammavu Jose Jojee - Director
- Nedumatathail Varkey Roygeorge - Director
The latest financial statements of Serveindia (No.1) Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Serveindia (No.1) Chits is U65992KL2019PTC060195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serveindia (No.1) Chits has 20 court cases on record: 20 filed by the company. 7 are pending.
Serveindia (No.1) Chits was incorporated on 05 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Serveindia (No.1) Chits by revenue are GS Urban Nidhi Limited, Amit Kumar Technologies Private Limited, Chakkaravarthi Chits Private Limited, Metrolink Outsourcing Services Private Limited, PSB Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Joseph Erinjery ceased to be Director on 15 Feb 2024. Nedumatathail Varkey Roygeorge was appointed as Director on 15 Feb 2024. Joseph Erinjery was appointed as Director on 19 Jun 2020. Serveindia (No.1) Chits has 6 board changes on record in total.
Serveindia (No.1) Chits can be reached through the website serveindiachits.com. Its registered office is in Thrissur, Kerala, India.
The registered office of Serveindia (No.1) Chits is at No.10555 – 21 Pallikulam Road, Thrissur, Kerala, India – 680001.
Serveindia (No.1) Chits operates in the financial services industry, in the other financial intermediation segment.
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