Aickareth Chits Private Limited
About Aickareth Chits Private Limited
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Aickareth Chits Private Limited is a private limited company based in Kayamkulam, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 15 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC034107.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ganesan Narayanan Achari (Managing Director) and Jyothi Lekshmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ikarethupattamparambil Pringala, Kayamkulam, Kerala, India – 690559.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.5 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹47,533 (net margin 13.6%) and EBITDA of ₹48,085 (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aickareth Chits Private Limited's registered office is in Kayamkulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIkarethupattamparambil Pringala, Kayamkulam, Kerala, India – 690559
- IndustryFinancial Services, Financial Activities
To see the full contact details of Aickareth 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 Aickareth 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 Aickareth Chits Private Limited, buy the company report.
Financials of Aickareth Chits Private Limited
FY 2024 filings availableAickareth Chits Private Limited reported revenue of ₹3.5 Lakh (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 12% fall in the latest year. EBITDA rose 133% 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 | ₹48,085 | ||||
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| Net Profit (PAT) | ₹47,533 | ||||
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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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| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 13.6% | ||||
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To see the full financial statements and ratios of Aickareth Chits Private Limited, buy the company report.
Board of directors of Aickareth Chits Private Limited
Aickareth 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 |
|---|---|---|---|---|
| Ganesan Narayanan Achari | Managing Director | 15 May 2013 | 13 Years 5 Months | Current |
| Jyothi Lekshmi | Director | 15 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Aickareth 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 |
|---|---|---|---|---|---|---|
| Dalapathi Investments India Private Limited | ₹3.5 Lakh (FY 2024) | -1.0% | Bangalore, Karnataka, India | |||
| Sugam Vintrade Private Limited | ₹3.5 Lakh (FY 2017) | Kolkata, West Bengal, India | ||||
| Raunak Trading & Investments Pvt.Ltd. | ₹3.5 Lakh (FY 2018) | 102.0% | Kolkata, West Bengal, India | |||
| VDP Forex Private Limited | ₹3.5 Lakh (FY 2025) | -68.0% | Hyderabad, Telangana, India | |||
| RMK Better Life Nidhi Limited | ₹3.5 Lakh (FY 2025) | -40.0% | Pathanamthitta, Kerala, India | |||
| Aickareth Chits Private Limitedthis company | ₹3.5 Lakh (FY 2024) | ₹47,533 | 13.6% | -12.0% | Kayamkulam, Kerala, India | |
| Deepujwal Gold Urban Nidhi Limited | ₹3.5 Lakh (FY 2022) | Aurangabad, Maharashtra, India | ||||
| Okcapital Private Limited | ₹3.5 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Srambickal Nidhi Limited | ₹3.5 Lakh (FY 2020) | -65.0% | Kottayam, Kerala, India | |||
| RMR Chits (Karnataka) Private Limited | ₹3.5 Lakh (FY 2023) | 52.0% | Holenarasipura, Karnataka, India | |||
| KJ Hingoli Urban Nidhi Limited | ₹3.49 Lakh (FY 2022) | Hingoli, Maharashtra, India |
To see the full peer comparison of Aickareth Chits Private Limited, buy the company report.
Auditor
Aickareth Chits Private Limited is audited by B S S AND COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S S AND COMPANY | FY 2016 | 008035S |
Shareholding
The shareholding of Aickareth Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aickareth Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aickareth Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aickareth 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 Aickareth Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aickareth Chits Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Rajalakshmi ceased to be Director on 08 Aug 2025.
Frequently asked questions
Aickareth Chits is an active private limited company based in Kayamkulam, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 15 May 2013 (13+ years old) and is registered under CIN U65992KL2013PTC034107.
Aickareth Chits has 2 current directors:
- Ganesan Narayanan Achari - Managing Director
- Jyothi Lekshmi - Director
The latest financial statements of Aickareth Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aickareth Chits is U65992KL2013PTC034107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aickareth Chits was incorporated on 15 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Aickareth Chits by revenue are Dalapathi Investments India Private Limited, Sugam Vintrade Private Limited, Raunak Trading & Investments Pvt.Ltd, VDP Forex Private Limited, RMK Better Life Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Rajalakshmi ceased to be Director on 08 Aug 2025. Rajkumar Ramaswamy Acharia ceased to be Director on 08 Aug 2025. Ganesan Narayanan Achari was appointed as Managing Director on 15 May 2013. Aickareth Chits has 6 board changes on record in total.
The registered office of Aickareth Chits is at Ikarethupattamparambil Pringala, Kayamkulam, Kerala, India – 690559.
Aickareth Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Aickareth Chits is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
Aickareth Chits can be reached at its registered office: Ikarethupattamparambil Pringala, Kayamkulam, Kerala, India – 690559.