Abana Chits India Private Limited - Company Profile

It is a financial services private limited company based in Kannur, Kerala, India, established in 2013.
2013 Kannur, Kerala, India Active
Last Updated:
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About Abana Chits India Private Limited

Abana Chits India Private Limited, a active private limited company, was established on 13 December 2013 in Kannur, Kerala, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KL2013PTC035655. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.24 Cr.

It upholds a compliant status. Its leadership includes Pekkadamkuzhy Devasia Manual (Managing Director), Justin Cherusseril Joseph (Whole-Time Director), Shain Irumbanath Tom (Director). Past directors included Muttappalliyil Sebastain Devasia, Joseph Joseph Pekkadenkuzhiyil. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Xiii/1613-E-20, Thavakkal Complex, Main Road Iritty P.O, Kannur, Kerala, 670703.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KL2013PTC035655

  • Registration Number

    035655

  • Incorporation Date

    13 December 2013

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.24 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -9.28%
  • Profit Growth **** 23.26%
  • Ebitda **** 101.77%
  • Net Worth 0.58%
  • Total Assets -1.14%
Company report

Abana Chits India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Abana Chits India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Abana Chits India Private Limited?
Current Directors
Name Designation Appointment Date Status
Pekkadamkuzhy Devasia Manual Managing Director 13 Dec 2013 Current
Justin Cherusseril Joseph Whole-Time Director 07 Sep 2019 Current
Shain Irumbanath Tom Director 25 Sep 2017 Current
Joseph Pekkadenkuzhiyil Lukose Director 25 Sep 2017 Current
Saji Lukose Director 25 Sep 2017 Current
Lukka Ulhannan Geerakasserryil Director 25 Sep 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 24 Sep 2017 Past
Pramod Abcsdd Whole-Time Director 15 Oct 2021 Past

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Financial Performance of Abana Chits India.

Abana Chits India Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 9.28% decrease. The company also saw a substantial improvement in profitability, with a 23.26% increase in profit. The company's net worth moved up by a moderate rise of 0.58%.

Abana Chits India revenue growth over time
Abana Chits India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -9.28%
*******
*******
*******
*******
Revenue from Operations
*******
 6.18%
*******
*******
*******
*******
Total Assets
*******
 -1.14%
*******
*******
*******
*******
Profit or Loss
*******
 23.26%
*******
*******
*******
*******
Net Worth
*******
 0.58%
*******
*******
*******
*******
EBITDA
*******
 101.77%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Abana Chits India?

In 2018, Abana Chits India had a promoter holding of 42.47% and a public holding of 57.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Abana Chits India?

Unlock and access historical data on people associated with Abana Chits India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abana Chits India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abana Chits India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Abana Chits India
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Abana Chits India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Abana Chits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was documented.

  • Director Appointment

    Progress on Justin Cherusseril Joseph was appointed as a Whole-time director was appointed as a Whole-time director on 07 Sep 2019 & has been associated with this company since 6 years 5 months . was documented.

  • Director Appointment

    Progress on Mathukutty Thomas was appointed as a Whole-time director was appointed as a Whole-time director on 07 Sep 2019 & has been associated with this company since 6 years 5 months . was documented.

  • Director Appointment

    Progress on Shain Irumbanath Tom was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 8 years 4 months . was documented.

  • Director Appointment

    Progress on Joseph Pekkadenkuzhiyil Lukose was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 8 years 4 months . was documented.

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Frequently Asked Questions
What is the CIN of Abana Chits India Private Limited?

The CIN of Abana Chits India Private Limited is U65992KL2013PTC035655.

Where is Abana Chits India Private Limited headquartered?

Abana Chits India Private Limited is headquartered at Xiii/1613-E-20, Thavakkal Complex, Main Road Iritty P.O, Kannur, Kerala, 670703.

When was Abana Chits India Private Limited incorporated?

Abana Chits India Private Limited was incorporated on 13 December 2013.

Who are the current directors of Abana Chits India Private Limited?

The current directors of Abana Chits India Private Limited are

What is the primary industry of Abana Chits India Private Limited?

The primary industry of Abana Chits India Private Limited is Financial And Insurance Service.

Is Abana Chits India Private Limited a listed company?

Abana Chits India Private Limited is unlisted.

What is the capital structure of Abana Chits India Private Limited?

The authorized capital of Abana Chits India Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.24 Cr.

What is the compliance status of Abana Chits India Private Limited?

The compliance status of Abana Chits India Private Limited is Compliant.

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