About Chandragiri Chits Private Limited
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Chandragiri Chits Private Limited is a private limited company based in Kasaragod, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2012PTC031927.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Deepesh Melath (Managing Director) and Rajith Kumar Kolikundu (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Kmc 3/491 B2 B3 Sms Centre Nayaks Road, Kasaragod, Kerala, India – 671121.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.72 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹17,395 (net margin 3.7%) and EBITDA of ₹67,284 (EBITDA margin 14.3%).
Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website chandragirichits.com.
Company details
Contact details
Chandragiri Chits Private Limited's registered office is in Kasaragod, Kerala. Its website is chandragirichits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKmc 3/491 B2 B3 Sms Centre Nayaks Road, Kasaragod, Kerala, India – 671121
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Chandragiri 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 Chandragiri 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 Chandragiri Chits Private Limited, buy the company report.
Financials of Chandragiri Chits Private Limited
FY 2017 filings availableChandragiri Chits Private Limited reported revenue of ₹4.72 Lakh (down 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.72 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹67,284 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹17,395 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.3% | ||
| Net Profit Margin | 3.7% | ||
| 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 Chandragiri Chits Private Limited, buy the company report.
Board of directors of Chandragiri Chits Private Limited
Chandragiri Chits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepesh Melath Also directs: Apstineo Traders Private Limited | Managing Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Unnikrishnan Kookal Also directs: Apstineo Traders Private Limited | Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Rajith Kumar Kolikundu Also directs: Apstineo Traders Private Limited | Whole-Time Director | 17 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Chandragiri Chits Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Rajagopuram Chit Fund Private Limited | ₹4.8 Lakh (FY 2024) | 64.0% | Srirangam, Tamil Nadu, India | |||
| P.M Salim & Sons Chits Private Limited | ₹4.8 Lakh (FY 2023) | 16.0% | Perumbavoor, Kerala, India | |||
| Sri Andal Chits (Madurai) Private Limited | ₹4.75 Lakh (FY 2025) | -38.0% | Madurai, Tamil Nadu, India | |||
| The Trading and Chit Funds Company Limited | ₹4.72 Lakh (FY 2017) | 21.0% | Ernakulam, Kerala, India | |||
| Chandragiri Chits Private Limitedthis company | ₹4.72 Lakh (FY 2017) | ₹17,395 | 3.7% | -7.0% | Kasaragod, Kerala, India | |
| Gore & Sons Urban Nidhi Limited | ₹4.71 Lakh (FY 2022) | -19.0% | Tq- Ambajogai, Dist- Beed, Maharashtra, India | |||
| Tirumangalam Sri Selvalakshmi Chits Private Limited | ₹4.68 Lakh (FY 2025) | -14.0% | Madurai, Tamil Nadu, India | |||
| Goldy Nidhi Limited | ₹4.66 Lakh (FY 2023) | Ahmedabad, Gujarat, India | ||||
| Shree Shanechar Urban Nidhi Limited | ₹4.61 Lakh (FY 2023) | Beed, Maharashtra, India |
To see the full peer comparison of Chandragiri Chits Private Limited, buy the company report.
Shareholding
The shareholding of Chandragiri Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chandragiri Chits Private Limited, buy the company report.
Legal cases
Chandragiri Chits Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by State of Kerala - Police | Disposed |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Chandragiri 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 Chandragiri 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 Chandragiri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chandragiri Chits Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Nithesh Adukkam Narayanan ceased to be Director on 16 Sep 2018.
Frequently asked questions
Chandragiri Chits is an active private limited company based in Kasaragod, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 August 2012 (14+ years old) and is registered under CIN U65992KL2012PTC031927.
Chandragiri Chits has 3 current directors:
- Deepesh Melath - Managing Director
- Rajith Kumar Kolikundu - Whole-Time Director
- Unnikrishnan Kookal - Director
The latest financial statements of Chandragiri Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Chandragiri Chits is U65992KL2012PTC031927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chandragiri Chits has 8 court cases on record: 8 filed against it.
Chandragiri Chits was incorporated on 17 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Chandragiri Chits by revenue are Rajagopuram Chit Fund Private Limited, P.M Salim & Sons Chits Private Limited, Sri Andal Chits (Madurai) Private Limited, The Trading and Chit Funds Company Limited, Gore & Sons Urban Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Nithesh Adukkam Narayanan ceased to be Director on 16 Sep 2018. Rajith Kumar Kolikundu ceased to be Director on 01 Nov 2012. Deepesh Melath was appointed as Managing Director on 17 Aug 2012. Chandragiri Chits has 5 board changes on record in total.
Chandragiri Chits can be reached through the website chandragirichits.com. Its registered office is in Kasaragod, Kerala, India.
The registered office of Chandragiri Chits is at Kmc 3491 B2 B3 Sms Centre Nayaks Road, Kasaragod, Kerala, India – 671121.
Chandragiri Chits operates in the financial services industry, in the microfinance institutions segment.
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