Sree Padam Chits Private Limited
About Sree Padam Chits Private Limited
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Sree Padam Chits Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 31 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1998PTC012183. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.28 Lakh. It is led by directors including Kolappadam Narayanan Jayakumar (Managing Director) and Viswanathanbalachandran.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/248 College Road, Palakkad, Kerala, India – 678001.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.91 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 9.2%) and EBITDA of ₹2.26 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 30% over five years.
Court records list 27 cases involving the company, including 23 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sree Padam Chits Private Limited's registered office is in Palakkad, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address10/248 College Road, Palakkad, Kerala, India – 678001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sree Padam 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 Sree Padam 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 Sree Padam Chits Private Limited, buy the company report.
Financials of Sree Padam Chits Private Limited
FY 2025 filings availableSree Padam Chits Private Limited reported revenue of ₹18.91 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 5% growth in the latest year. EBITDA fell 15% 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 | ₹2.26 Lakh | ||||
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| Net Profit (PAT) | ₹1.74 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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| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Sree Padam Chits Private Limited, buy the company report.
Board of directors of Sree Padam Chits Private Limited
Sree Padam Chits has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanathanbalachandran Also directs: BMR Chits (India) Private Limited | Director | 31 Mar 1998 | 28 Years 6 Months | Current |
| Achuthan | Director | 23 Feb 2019 | 7 Years 8 Months | Current |
| Chami Krishnakumar | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Kolappadam Prasadkumar Narayanan | Director | 31 Mar 1998 | 28 Years 6 Months | Current |
| Kolappadam Narayanan Jayakumar | Managing Director | 31 Mar 1998 | 28 Years 6 Months | Current |
| Palakode Chamiyar Mukundan Also directs: Dyauttra LLP | Director | 31 Mar 1998 | 28 Years 6 Months | Current |
Peer comparison
Sree Padam Chits Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Anaimalais Chits Pollachi Private Limited | ₹19.12 Lakh (FY 2021) | -30.0% | Pollachi, Tamil Nadu, India | |||
| Sree Hanumantharaya Chits Private Limited | ₹19.07 Lakh (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Awadh Mudra Nidhi Limited | ₹18.94 Lakh (FY 2021) | -25.0% | Bahraich, Uttar Pradesh, India | |||
| Idc Nidhi Limited | ₹18.91 Lakh (FY 2024) | -46.0% | Thamarassery, Kerala, India | |||
| Sree Padam Chits Private Limitedthis company | ₹18.91 Lakh (FY 2024) | ₹1.74 Lakh | 9.2% | 5.0% | Palakkad, Kerala, India | |
| Malaikkottai-Sterling Chits Private Limited | ₹18.9 Lakh (FY 2024) | 2.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Merchants Welfare Kuries Private Limited | ₹18.89 Lakh (FY 2025) | Thrissur, Kerala, India | ||||
| Chandrayan Kuries Private Limited | ₹18.68 Lakh (FY 2021) | -32.0% | Irinjalakuda, Kerala, India | |||
| Kas Chit Fund Private Limited | ₹18.68 Lakh (FY 2024) | 6.0% | Sonipat, Haryana, India |
To see the full peer comparison of Sree Padam Chits Private Limited, buy the company report.
Auditor
Sree Padam Chits Private Limited is audited by MAHADEVAN & SIVARAJAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHADEVAN & SIVARAJAN | FY 2019 | 006388S |
Shareholding
The shareholding of Sree Padam Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sree Padam Chits Private Limited, buy the company report.
Legal cases
Sree Padam Chits Private Limited has 27 court cases on record: 23 filed by Sree Padam Chits, 4 filed against it. 1 case is pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 3 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Sree Padam 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 Sree Padam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sree Padam Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sree Padam Chits Private Limited, buy the company report.
Recent activity
Sree Padam Chits Private Limited has 14 board changes on record since 1998: 7 appointments and 7 cessations. The latest: Achuthan ceased to be Additional Director on 29 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Sree Padam Chits is an active private limited company based in Palakkad, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 31 March 1998 (28+ years old) and is registered under CIN U65992KL1998PTC012183.
Sree Padam Chits has 7 current directors:
- Kolappadam Narayanan Jayakumar - Managing Director
- Viswanathanbalachandran - Director
- Achuthan - Director
- Chami Krishnakumar - Director
- Kolappadam Prasadkumar Narayanan - Director
- Palakode Chamiyar Mukundan - Director
- Hariharan Kasinathan - Director
The latest financial statements of Sree Padam Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Sree Padam Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sree Padam Chits is U65992KL1998PTC012183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Padam Chits has 27 court cases on record: 23 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Sree Padam Chits was incorporated on 31 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sree Padam Chits by revenue are Anaimalais Chits Pollachi Private Limited, Sree Hanumantharaya Chits Private Limited, Awadh Mudra Nidhi Limited, Idc Nidhi Limited, Malaikkottai-Sterling Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Achuthan ceased to be Additional Director on 29 Sep 2025. Chami Krishnakumar was appointed as Director on 01 Jun 2020. Kolappadam Narayanan Jayakumar ceased to be Director on 01 Apr 2019. Sree Padam Chits has 14 board changes on record in total.
The registered office of Sree Padam Chits is at 10248 College Road, Palakkad, Kerala, India – 678001.
Sree Padam Chits operates in the financial services industry, in the microfinance institutions segment.