MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0046589
Chillar Payment Solutions Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.9 Cr
▼ 15% YoY
Net profit · FY 2025
₹9.22 Lakh
Net margin 3.2%
EBITDA · FY 2025
₹19.86 Lakh
EBITDA margin 6.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹1.15 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
6
As per MCA filings
About Chillar Payment Solutions Private Limited
Data last updated:
Chillar Payment Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2013PTC033856. Its GSTIN is 32AAFCC2193N1ZJ (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Harikrishnan Panickassery Madom Manmad Nair (Whole-Time Director) and Sreerekha Raveendranathan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.9 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.22 Lakh (net margin 3.2%) and EBITDA of ₹19.86 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 46% over five years.
The company is associated with 1 brand: Chillar. As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Chillar Payment Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0046589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chillarpayments.com.
Company details
CIN U72900KL2013PTC033856
Registration Number 033856
Incorporation Date 16 April 2013
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0046589
Key People
Harikrishnan Panickassery Madom Manmad Nair Whole-Time Director Sreerekha Raveendranathan Whole-Time Director Alex Idichandy Kulathooran Director Recognitions & Rankings of Chillar Payment Solutions
Contact details
Chillar Payment Solutions Private Limited's registered office is in Ernakulam, Kerala. Its website is chillarpayments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSecond Floor No 68/1480A Etturuthil Building, K Padmanabhan Road, Ernakulam, Kerala, India – 682018
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Chillar Payment Solutions Private Limited, buy the company report.
Comprehensive company report
Chillar Payment Solutions Private Limited - one report that includes everything
- 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
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Brands
Chillar Payment Solutions operates one associated brand: Chillar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Reloadable smart cards are offered for offline and online payments. | chillarcards.com |
Business activity
The main business activity of Chillar Payment Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Chillar Payment Solutions Private Limited, buy the company report.
Financials of Chillar Payment Solutions Private Limited
FY 2023 filings availableChillar Payment Solutions Private Limited reported revenue of ₹2.9 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹2.9 Cr ▼ 15%
Net profit · FY 2025
₹9.22 Lakh margin 3.2%
EBITDA · FY 2025
₹19.86 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 3%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 29%
5 years · compounded
▲ 18%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 28% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹19.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.22 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Chillar Payment Solutions Private Limited, buy the company report.
Board of directors of Chillar Payment Solutions Private Limited
Chillar Payment Solutions has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alex Idichandy Kulathooran | Director | 27 Dec 2024 | 1 Years 10 Months | Current |
| Harikrishnan Panickassery Madom Manmad Nair | Whole-Time Director | 11 Jan 2016 | 10 Years 10 Months | Current |
| Fairuz Ali Rehim Also directs: Codmob Technologies LLP, Serenespace Conventions & Events LLP | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Asif Basheer Also directs: Francisco Hospitality Private Limited | Director | 13 Sep 2024 | 2 Years 2 Months | Current |
| Sunil Peter Also directs: Sam Trading Private Limited | Director | 13 Nov 2017 | 9 Years 0 Months | Current |
| Sreerekha Raveendranathan | Whole-Time Director | 11 Jan 2016 | 10 Years 10 Months | Current |
Auditor
Chillar Payment Solutions Private Limited is audited by JAYARAMANKARTHIKEYAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYARAMANKARTHIKEYAN | FY 2023 | 225911 |
Shareholding
The shareholding of Chillar Payment Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chillar Payment Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2023 | 100755468 | Others | ₹1.15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Chillar Payment Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by Trans Asian Shipping Services Private Limited | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by Netcom Services | Pending |
To see the full case history of Chillar Payment Solutions 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 Chillar Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chillar Payment Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCC2193N1ZJ | Kerala | Active | 01 Jul 2017 |
| 32AAFCC2193N2ZI | Kerala | Active | 25 Jun 2019 |
To see the full GST registrations and return filing status of Chillar Payment Solutions Private Limited, buy the company report.
Recent activity
Chillar Payment Solutions Private Limited has 13 board changes on record since 2016: 6 appointments and 7 cessations. The latest: Alex Idichandy Kulathooran was appointed as Director on 27 Dec 2024.
Appointed
Alex Idichandy Kulathooran was appointed as Director.
Appointed
Asif Basheer was appointed as Director.
Ceased
Harikrishnan Panickassery Madom Manmad Nair ceased to be Whole-Time Director.
Appointed
Fairuz Ali Rehim was appointed as Director.
Ceased
Alex Idichandy Kulathooran ceased to be Director.
Ceased
Suryaprakash Vithal Kukyan ceased to be Director.
AGM
Chillar Payment Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100755468 was registered on 04 Jul 2023.
Filing
Chillar Payment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Ceased
Fairuz Ali Rehim ceased to be Director.
Appointed
Sunil Peter was appointed as Director.
Ceased
Kaveri Sasidharan Vishnu ceased to be Whole-Time Director.
5 earlier events are in the company report.
Frequently asked questions
Chillar Payment Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 April 2013 (13+ years old) and is registered under CIN U72900KL2013PTC033856.
Chillar Payment Solutions has 6 current directors:
- Harikrishnan Panickassery Madom Manmad Nair - Whole-Time Director
- Sreerekha Raveendranathan - Whole-Time Director
- Alex Idichandy Kulathooran - Director
- Fairuz Ali Rehim - Director
- Asif Basheer - Director
- Sunil Peter - Director
The latest financial statements of Chillar Payment Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Chillar Payment Solutions is 32AAFCC2193N1ZJ, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAFCC2193N2ZI (Kerala).
The CIN (Corporate Identification Number) of Chillar Payment Solutions is U72900KL2013PTC033856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chillar Payment Solutions has 2 court cases on record: 2 filed against it. 2 are pending.
Chillar Payment Solutions was incorporated on 16 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Alex Idichandy Kulathooran was appointed as Director on 27 Dec 2024. Asif Basheer was appointed as Director on 13 Sep 2024. Harikrishnan Panickassery Madom Manmad Nair ceased to be Whole-Time Director on 13 Sep 2024. Chillar Payment Solutions has 13 board changes on record in total.
Yes, Chillar Payment Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0046589).
Chillar Payment Solutions can be reached through the website chillarpayments.com. Its registered office is in Ernakulam, Kerala, India.
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