White Space Chits Private Limited
About White Space Chits Private Limited
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White Space Chits Private Limited is a private limited company based in Arangottukara, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 06 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2018PTC054246.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Jahfir Sadique Buhara Srambikkal (Managing Director) and Krishnapriya.
Its last annual general meeting (AGM) was held on 27 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at V442 First Floor, Arangottukara, Kerala, India – 679532.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.21 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹85,119 (net margin -38.5%) and EBITDA of -₹54,514 (EBITDA margin -24.7%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
White Space Chits Private Limited's registered office is in Arangottukara, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressV442 First Floor, Arangottukara, Kerala, India – 679532
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of White Space 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 White Space 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 White Space Chits Private Limited, buy the company report.
Financials of White Space Chits Private Limited
FY 2021 filings availableWhite Space Chits Private Limited reported revenue of ₹2.21 Lakh (down 29% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year. EBITDA fell 279% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹54,514 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹85,119 | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -24.7% | ||
| Net Profit Margin | -38.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of White Space Chits Private Limited, buy the company report.
Board of directors of White Space Chits Private Limited
White Space Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jahfir Sadique Buhara Srambikkal | Managing Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Krishnapriya | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
White Space 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 |
|---|---|---|---|---|---|---|
| Mritrika Nidhi Limited | ₹2.22 Lakh (FY 2025) | -13.0% | Nadia, West Bengal, India | |||
| Kalima Trade-Link Private Limited | ₹2.22 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Lifesafe Nidhi Limited | ₹2.22 Lakh (FY 2023) | 52.0% | New Delhi, Delhi, India | |||
| Vishvaas Bharat Finance and Investment Private Limited | ₹2.21 Lakh (FY 2024) | 63.0% | Jammu, Jammu and Kashmir, India | |||
| Dhruvit Mutual Benefit Nidhi Limited | ₹2.21 Lakh (FY 2020) | 61.0% | Varanasi, Uttar Pradesh, India | |||
| White Space Chits Private Limitedthis company | ₹2.21 Lakh (FY 2021) | -₹85,119 | -38.5% | -29.0% | Arangottukara, Kerala, India | |
| Samarthjivan Nidhi Limited | ₹2.21 Lakh (FY 2020) | 2876.0% | Wathar Station, Maharashtra, India | |||
| Shree Gokula Nandana Chit Fund Private Limited | ₹2.21 Lakh (FY 2016) | Bangalore, Karnataka, India | ||||
| Vitiya Samadhan Nidhi Limited | ₹2.21 Lakh (FY 2019) | Jaipur, Rajasthan, India | ||||
| Eden Commercial Private Limited | ₹2.21 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Gahlot India Nidhi Limited | ₹2.21 Lakh (FY 2020) | Delhi, India |
To see the full peer comparison of White Space Chits Private Limited, buy the company report.
Legal cases
White Space Chits Private Limited has 1 court case on record: 1 filed by White Space Chits. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of White Space 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 White Space 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 White Space Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
White Space Chits Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jahfir Sadique Buhara Srambikkal was appointed as Managing Director on 06 Aug 2018.
Frequently asked questions
White Space Chits is an active private limited company based in Arangottukara, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 06 August 2018 (8+ years old) and is registered under CIN U65999KL2018PTC054246.
White Space Chits has 2 current directors:
- Jahfir Sadique Buhara Srambikkal - Managing Director
- Krishnapriya - Director
The latest financial statements of White Space Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 27 November 2021. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of White Space Chits is U65999KL2018PTC054246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Space Chits has 1 court case on record: 1 filed by the company.
White Space Chits was incorporated on 06 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of White Space Chits by revenue are Mritrika Nidhi Limited, Kalima Trade-Link Private Limited, Lifesafe Nidhi Limited, Vishvaas Bharat Finance and Investment Private Limited, Dhruvit Mutual Benefit Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Jahfir Sadique Buhara Srambikkal was appointed as Managing Director on 06 Aug 2018. Krishnapriya was appointed as Director on 06 Aug 2018.
The registered office of White Space Chits is at V442 First Floor, Arangottukara, Kerala, India – 679532.
White Space Chits operates in the financial services industry, in the other financial intermediation segment.
White Space Chits can be reached at its registered office: V442 First Floor, Arangottukara, Kerala, India – 679532.