About Manappuram Chits
Manappuram Chits is a Financial Services company based in Thrissur (India) founded in 2000. It offers chit fund schemes and online financial solutions for savings and loans. It operates on a B2C model in Financial Services and Technology sectors. The company has 68 employees. Its Indian entity Manappuram Chits (Karnataka) Private Limited reported revenue of ₹5.02 Cr. Manappuram Chits offers products and services including Chit Schemes, Online Payment, and E-NACH Services. Its focus areas include FinTech, Digital Finance, Online Payments and E-NACH Services. Similar companies include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv; 1 of its 3 listed similar companies has raised funding.
Company details
Manappuram Chits is a professionally managed organization in the financial services sector, offering chit funds as savings and loan schemes. It operates through a network of branches and online platforms, allowing users to register, make payments, and participate in auctions. Based in India, it serves individual clients with secure financial products, guided by experienced promoters, focusing on stability and accessibility in regions like Thrissur and Bangalore.
- Headquarters Thrissur, India
- Employees 68
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website manappuramchits.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Manappuram Chits (Karnataka) Private Limited
- Date of Incorporation 04 Nov, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.02 Cr
FY 2025 · -2% YoY
- Net Loss-₹1.71 Cr
FY 2025 · -34% margin
- EBITDA-₹1.49 Cr
FY 2025 · -30% margin
- Employee Count68
Associated legal entities of Manappuram Chits
Manappuram Chits is associated with 3 registered companies on The Company Check; the primary company is Manappuram Chits (Karnataka) Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Manappuram Chits (Karnataka) Private Limited CIN U65992KA2011PTC061081 | Active | 04 Nov 2011 | Bangalore, Karnataka | ₹5.0 Cr | 68 | 9 | View details |
| Manappuram Chit Funds Company Private Limited CIN U65992KL2011PTC029706 | Active | 01 Nov 2011 | Thrissur, Kerala | ₹0.0 Cr | 5 | View details | |
| Manappuram Chits( India )Limited CIN U65992TZ2000PLC009437 | Active | 21 Jul 2000 | Coimbatore, Tamil Nadu | ₹4.5 Cr | 46 | 5 | View details |
Products & Services of Manappuram Chits
Manappuram Chits offers a comprehensive portfolio of products and services, including Chit Schemes, Online Payment, and E-NACH Services.
Savings and loan schemes through periodic contributions and auctions
Platform for secure chit fund payments and registrations
Electronic mandate for automated chit contributions
Apps and channels of Manappuram Chits
Manappuram Chits publishes 1 mobile app with over 5K+ downloads; its YouTube channel Manappuram Chits has 162 subscribers and 14 videos.
Videos from Manappuram Chits
The most watched videos on Manappuram Chits's YouTube channel, Manappuram Chits (162 subscribers). Click a video to play it here.
More on Manappuram Chits.
Board of directors of Manappuram Chits (Karnataka) Private Limited (Manappuram Chits)
Manappuram Chits (Karnataka) Private Limited is the primary company behind Manappuram Chits. The boards of the 3 registered companies of Manappuram Chits currently have 6 directors; the longest-serving is Govindan Kunnummal, appointed in 2010. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Govindan Kunnummal DIN 02952227 | Director | 22 Jan 2010 | 16 yrs 9 mo | Manappuram Chits( India )Limited |
| Jyothy Prasannan DIN 00044371 | Director | 04 Nov 2011 | 14 yrs 11 mo | Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited, Manappuram Chits( India )Limited |
| Vazhappully Padmanabhan Nandakumar DIN 00044512 | Director | 04 Nov 2011 | 14 yrs 11 mo | Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited, Manappuram Chits( India )Limited |
| Sushama Nandakumar DIN 02270130 | Director | 04 Nov 2011 | 14 yrs 11 mo | Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited |
| Ravy Gangadharan Kodappully DIN 03627048 | Managing Director | 01 Mar 2012 | 14 yrs 7 mo | Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited, Manappuram Chits( India )Limited |
| Arimboor Chakkunny George DIN 02059059 | Director | 27 Apr 2013 | 13 yrs 6 mo | Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited, Manappuram Chits( India )Limited |
Financials of Manappuram Chits
Figures of Manappuram Chits (Karnataka) Private Limited, the primary company behind Manappuram Chits, for FY 2025. Revenue was ₹5.02 Cr (-2% year on year). Net loss was -₹1.71 Cr (-34% margin). EBITDA was -₹1.49 Cr (-30% margin). Revenue has grown at a compounded annual rate of -6% over three years and -10% over five years.
- ₹5.02 CrRevenue · FY 2025 · -2% YoY
- -₹1.71 CrNet loss · -34% margin
- -₹1.49 CrEBITDA · -30% margin
- ₹18.43 CrPaid-up capital
- 68Employees (provident fund records)
- -6%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Manappuram Chits (Karnataka) Private Limited are on its company page.
Detailed financial statements for Manappuram Chits
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Similar companies to Manappuram Chits
Manappuram Chits has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| bajajfinserv.in | 2007 | Pune, India | 53,782 | Financial solutions including loans and insurance are offered. |
Detailed similar companies of Manappuram Chits
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Web traffic of Manappuram Chits
The website of Manappuram Chits (manappuramchits.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 3.1% vs previous month
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Frequently Asked Questions about Manappuram Chits
Manappuram Chits was founded in 2000.
Manappuram Chits is headquartered in Thrissur, India. It is registered at Thrissur, Kerala, India.
Manappuram Chits has 68 employees.
The primary company behind Manappuram Chits, Manappuram Chits (Karnataka) Private Limited, reported revenue of ₹5.02 Cr for FY 2025, down 2% year on year.
Manappuram Chits is a professionally managed organization in the financial services sector, offering chit funds as savings and loan schemes. It operates through a network of branches and online platforms, allowing users to register, make payments, and participate in auctions. Based in India, it serves individual clients with secure financial products, guided by experienced promoters, focusing on stability and accessibility in regions like Thrissur and Bangalore.
Manappuram Chits's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Manappuram Chits offers Chit Schemes, Online Payment, and E-NACH Services.
Manappuram Chits is associated with 3 legal entities: Manappuram Chits (Karnataka) Private Limited, Manappuram Chit Funds Company Private Limited, Manappuram Chits( India )Limited.
The legal entities of Manappuram Chits currently have 10 directors, including Jyothy Prasannan, Vazhappully Padmanabhan Nandakumar, Sushama Nandakumar and others.
Yes. Manappuram Chits publishes Manappuram Chits, with over 5,000 downloads.