Bhagyasooktham Chits Private Limited
About Bhagyasooktham Chits Private Limited
Data last updated:
Bhagyasooktham Chits Private Limited was a private limited company based in Thalassery, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial and credit leasing segment of the financial services sector. It was incorporated on 18 September 2014.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC037317.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Padma Kumar Karunakaran (Managing Director) and Harikrishnan Kizhakkayil.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1st Floor 43/838 Z 11 Tely Shopping Centre Near Axis Bank Narangapuram, Thalassery, Kerala, India – 670101.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.47 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹5,536 (net margin 1.6%) and EBITDA of ₹19,096 (EBITDA margin 5.5%).
Court records list 5 cases involving the company, including 5 filed by the company.
Company details
Contact details
Bhagyasooktham Chits Private Limited's registered office is in Thalassery, Kerala.
- Registered Address1st Floor 43/838 Z 11 Tely Shopping Centre Near Axis Bank Narangapuram, Thalassery, Kerala, India – 670101
- IndustryFinancial Services, Financial & Credit Leasing
- 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 Bhagyasooktham Chits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
Financials of Bhagyasooktham Chits Private Limited
FY 2018 filings availableBhagyasooktham Chits Private Limited reported revenue of ₹3.47 Lakh (up 34% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹19,096 | ||
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| Net Profit (PAT) | ₹5,536 | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||
| EBITDA Margin | 5.5% | ||
| Net Profit Margin | 1.6% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Bhagyasooktham Chits Private Limited, buy the company report.
Board of directors of Bhagyasooktham Chits Private Limited
Bhagyasooktham Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrishnan Kizhakkayil | Director | 18 Sep 2014 | 12 Years 1 Months | As last reported |
| Meethalayapalayat Santhosh | Director | 18 Sep 2014 | 12 Years 1 Months | As last reported |
| Padma Kumar Karunakaran | Managing Director | 18 Sep 2014 | 12 Years 1 Months | As last reported |
Peer comparison
Bhagyasooktham Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Swastik Motor Finance Private Limited | ₹3.57 Lakh (FY 2025) | -11.0% | Delhi, India | |||
| Vedage Nidhi Limited | ₹3.55 Lakh (FY 2020) | 119.0% | Sultanpur, Uttar Pradesh, India | |||
| Fineapply Consultancy Solutions Private Limited | ₹3.51 Lakh (FY 2025) | 17.0% | Vileparle, Mumbai, Maharashtra, India | |||
| Shrabanti Dhana Laxmi Fin Nidhi Limited | ₹3.5 Lakh (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Perilwise Business Solutions Private Limited | ₹3.49 Lakh (FY 2024) | -73.0% | Chennai, Tamil Nadu, India | |||
| Bhagyasooktham Chits Private Limitedthis company | ₹3.47 Lakh (FY 2017) | ₹5,536 | 1.6% | 34.0% | Thalassery, Kerala, India | |
| Riparian Social Welfare Foundation | ₹3.47 Lakh (FY 2025) | -19.0% | Dimapur, Nagaland, India | |||
| GVS India Nidhi Limited | ₹3.46 Lakh (FY 2020) | Ambedkar Nagar, Uttar Pradesh, India | ||||
| Black Diamond Mercantiles Pvt Ltd | ₹3.46 Lakh (FY 2020) | 1.0% | Kolkata, West Bengal, India | |||
| Anshuj Leasing and Credit Limited | ₹3.45 Lakh (FY 2025) | -15.0% | Delhi, India | |||
| Omkanta Agro Farms Private Limited | ₹3.44 Lakh (FY 2018) | -50.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Bhagyasooktham Chits Private Limited, buy the company report.
Legal cases
Bhagyasooktham Chits Private Limited has 5 court cases on record: 5 filed by Bhagyasooktham Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Bhagyasooktham 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 Bhagyasooktham 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 Bhagyasooktham Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhagyasooktham Chits Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Dhananjayan Koroth Kuniyil ceased to be Director on 01 Oct 2015.
Frequently asked questions
Bhagyasooktham Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bhagyasooktham Chits was a private limited company based in Thalassery, Kerala, India. The company worked in financial and credit leasing, within the financial services industry. It was incorporated on 18 September 2014 and is registered under CIN U65992KL2014PTC037317. The company has been struck off by the Registrar of Companies and is no longer operational.
Bhagyasooktham Chits had 3 directors:
- Padma Kumar Karunakaran - Managing Director
- Harikrishnan Kizhakkayil - Director
- Meethalayapalayat Santhosh - Director
The CIN (Corporate Identification Number) of Bhagyasooktham Chits is U65992KL2014PTC037317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bhagyasooktham Chits is at 1st Floor 43838 Z 11 Tely Shopping Centre Near Axis Bank Narangapuram, Thalassery, Kerala, India – 670101.
Bhagyasooktham Chits was incorporated on 18 September 2014. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Bhagyasooktham Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Bhagyasooktham Chits operated in the financial services industry, in the financial and credit leasing segment. It worked in this industry before it was struck off.
The peers of Bhagyasooktham Chits by revenue are Shree Swastik Motor Finance Private Limited, Vedage Nidhi Limited, Fineapply Consultancy Solutions Private Limited, Shrabanti Dhana Laxmi Fin Nidhi Limited, Perilwise Business Solutions Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Bhagyasooktham Chits has 5 court cases on record: 5 filed by the company.
Dhananjayan Koroth Kuniyil ceased to be Director on 01 Oct 2015. Harikrishnan Kizhakkayil was appointed as Director on 18 Sep 2014. Meethalayapalayat Santhosh was appointed as Director on 18 Sep 2014. Bhagyasooktham Chits has 4 board changes on record in total.