Aswamedham Chits Private Limited
About Aswamedham Chits Private Limited
Data last updated:
Aswamedham Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2020PTC062453.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.6 Lakh. It is led by directors including Pushpakaran Kunjyath Velayudhan and Surendran Kuzhikkadath Padmanabhan.
Its last annual general meeting (AGM) was held on 30 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Door No. 14/622 – L 1st Floor Ap'S Arcade Pattambi Road Perumpilavu, Thrissur, Kerala, India – 680519.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.82 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -94%) and EBITDA of -₹1.64 Lakh (EBITDA margin -90%).
Company details
Contact details
Aswamedham Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 14/622 – L 1st Floor Ap'S Arcade Pattambi Road Perumpilavu, Thrissur, Kerala, India – 680519
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Aswamedham 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 Aswamedham 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 Aswamedham Chits Private Limited, buy the company report.
Financials of Aswamedham Chits Private Limited
FY 2023 filings availableAswamedham Chits Private Limited reported revenue of ₹1.82 Lakh (up 54% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 54% in the latest year. EBITDA fell 163% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.64 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.71 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -90% | ||
| Net Profit Margin | -94% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Aswamedham Chits Private Limited, buy the company report.
Board of directors of Aswamedham Chits Private Limited
Aswamedham Chits has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpakaran Kunjyath Velayudhan Also directs: Aswamedham Nidhi Limited | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Surendran Kuzhikkadath Padmanabhan Also directs: Aswamedham Nidhi Limited | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Byju Odery Velayudhan Also directs: Aswamedham Nidhi Limited | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Vinodkumar Mullanatt Balan Also directs: Aswamedham Nidhi Limited | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Sadasivan Pattammaruvalappil Govindan Also directs: Aswamedham Nidhi Limited | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Thanissery Velayudhan Sreenivasan Also directs: Aswamedham Nidhi Limited | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Aswamedham Chits Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Nathsagar Kuries Private Limited | ₹1.9 Lakh (FY 2021) | 32.0% | Aurangabad, Maharashtra, India | |||
| Janhit Micro Finance Association | ₹1.88 Lakh (FY 2016) | Allahabad, Uttar Pradesh, India | ||||
| Aswamedham Chits Private Limitedthis company | ₹1.82 Lakh (FY 2023) | -₹1.71 Lakh | -94% | 54.0% | Thrissur, Kerala, India | |
| Atithicare Micro Finance Foundation | ₹1.82 Lakh (FY 2025) | -79.0% | Gorakhpur, Uttar Pradesh, India | |||
| Rivo Urban Nidhi Limited | ₹1.81 Lakh (FY 2021) | 10.0% | Vanchiyoor P O, Kerala, India | |||
| Surjaday Micro Finance Private Limited | ₹1.8 Lakh (FY 2024) | Kalna, West Bengal, India | ||||
| Sheenu Chits Private Limited | ₹1.8 Lakh (FY 2024) | -67.0% | Delhi, India |
To see the full peer comparison of Aswamedham Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aswamedham 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 Aswamedham Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aswamedham Chits Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
No GST registration is on our record for Aswamedham Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aswamedham Chits Private Limited has 7 board changes on record since 2020: 6 appointments and 1 cessation. The latest: Sathyan Thanissery Velayudhan ceased to be Director on 13 May 2022.
Frequently asked questions
Aswamedham Chits is an active private limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U65992KL2020PTC062453.
Aswamedham Chits has 6 current directors:
- Pushpakaran Kunjyath Velayudhan - Director
- Surendran Kuzhikkadath Padmanabhan - Director
- Byju Odery Velayudhan - Director
- Vinodkumar Mullanatt Balan - Director
- Sadasivan Pattammaruvalappil Govindan - Director
- Thanissery Velayudhan Sreenivasan - Director
The latest financial statements of Aswamedham Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 June 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Aswamedham Chits is U65992KL2020PTC062453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswamedham Chits was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Aswamedham Chits by revenue are Nathsagar Kuries Private Limited, Janhit Micro Finance Association, Atithicare Micro Finance Foundation, Rivo Urban Nidhi Limited, Surjaday Micro Finance Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sathyan Thanissery Velayudhan ceased to be Director on 13 May 2022. Byju Odery Velayudhan was appointed as Director on 04 Aug 2020. Pushpakaran Kunjyath Velayudhan was appointed as Director on 04 Aug 2020. Aswamedham Chits has 7 board changes on record in total.
The registered office of Aswamedham Chits is at Door No. 14622 – L 1st Floor ApS Arcade Pattambi Road Perumpilavu, Thrissur, Kerala, India – 680519.
Aswamedham Chits operates in the financial services industry, in the microfinance institutions segment.
Aswamedham Chits can be reached at its registered office: Door No. 14622 – L 1st Floor ApS Arcade Pattambi Road Perumpilavu, Thrissur, Kerala, India – 680519.
Aswamedham Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.