BMR Chits (India) Private Limited
About BMR Chits (India) Private Limited
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BMR Chits (India) Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2010PTC026235.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Viswanathanbalachandran (Managing Director) and Mario Lukose.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 24/214 Ss Complex Kunnathurmedu, Palakkad, Kerala, India – 678013.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.05 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹6.64 Lakh and EBITDA of -₹6.55 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 34% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
BMR Chits (India) Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24/214 Ss Complex Kunnathurmedu, Palakkad, Kerala, India – 678013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of BMR Chits (India) 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 BMR Chits (India) is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of BMR Chits (India) Private Limited, buy the company report.
Financials of BMR Chits (India) Private Limited
FY 2021 filings availableBMR Chits (India) Private Limited reported revenue of ₹1.05 Lakh (down 77% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 77% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹6.55 Lakh | ||||
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| Net Profit (PAT) | -₹6.64 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of BMR Chits (India) Private Limited, buy the company report.
Board of directors of BMR Chits (India) Private Limited
BMR Chits (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanathanbalachandran Also directs: Sree Padam Chits Private Limited | Managing Director | 22 Jun 2010 | 16 Years 4 Months | Current |
| Mario Lukose | Director | 22 Jun 2010 | 16 Years 4 Months | Current |
Auditor
BMR Chits (India) Private Limited is audited by KRISHNAN KUTTY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAN KUTTY & ASSOCIATES | FY 2018 | 005621S |
Shareholding
The shareholding of BMR Chits (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of BMR Chits (India) Private Limited, buy the company report.
Legal cases
BMR Chits (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Court case (RP) | Filed against the company by individuals | Disposed |
To see the full case history of BMR Chits (India) 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 BMR Chits (India) 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 BMR Chits (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
BMR Chits (India) Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Viswanathanbalachandran ceased to be Director on 30 Apr 2014.
Frequently asked questions
BMR Chits (India) is an active private limited company based in Palakkad, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 June 2010 (16+ years old) and is registered under CIN U65992KL2010PTC026235.
BMR Chits (India) has 2 current directors:
- Viswanathanbalachandran - Managing Director
- Mario Lukose - Director
The latest financial statements of BMR Chits (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BMR Chits (India) is U65992KL2010PTC026235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BMR Chits (India) has 1 court case on record: 1 filed against it.
BMR Chits (India) was incorporated on 22 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
Viswanathanbalachandran ceased to be Director on 30 Apr 2014. Raju Kuriachan ceased to be Director on 26 Aug 2013. Mario Lukose ceased to be Managing Director on 01 Aug 2012. BMR Chits (India) has 5 board changes on record in total.
The registered office of BMR Chits (India) is at 24214 Ss Complex Kunnathurmedu, Palakkad, Kerala, India – 678013.
BMR Chits (India) operates in the financial services industry, in the diversified financial services segment.
The compliance status of BMR Chits (India) is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
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