Dhanakodi Chits Private Limited
About Dhanakodi Chits Private Limited
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Dhanakodi Chits Private Limited is a private limited company based in Sulthan Bathery, Kerala, India. It operates in the other financial holding segment of the financial services sector. It was incorporated on 11 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PTC021301. Its GSTIN is 32AADCD5998C1ZO (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It is led by directors Sebastian Muthirakkalayil Joseph (Managing Director) and George Muthirakkalayil Joseph.
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 Sbp V /741 A 30 City Tower, Sulthan Bathery, Kerala, India – 673592.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.91 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹49.71 Lakh (net margin -26%) and EBITDA of -₹29.54 Lakh (EBITDA margin -15.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
Court records list 522 cases involving the company, including 370 filed by the company and 152 filed against it; 129 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dhanakodi Chits Private Limited's registered office is in Sulthan Bathery, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSbp V /741 A 30 City Tower, Sulthan Bathery, Kerala, India – 673592
- IndustryFinancial Services, Other Financial Holding, Fund, Trust
To see the full contact details of Dhanakodi 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 Dhanakodi 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 Dhanakodi Chits Private Limited, buy the company report.
Financials of Dhanakodi Chits Private Limited
FY 2021 filings availableDhanakodi Chits Private Limited reported revenue of ₹1.91 Cr (up 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 8% growth in the latest year. EBITDA fell 190% 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 | -₹29.54 Lakh | ||||
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| Net Profit (PAT) | -₹49.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -15.5% | ||||
| Net Profit Margin | -26% | ||||
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To see the full financial statements and ratios of Dhanakodi Chits Private Limited, buy the company report.
Board of directors of Dhanakodi Chits Private Limited
Dhanakodi Chits has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sebastian Muthirakkalayil Joseph Also directs: Dhanakodi Nidhi Limited | Managing Director | 11 Oct 2007 | 19 Years 0 Months | Current |
| George Muthirakkalayil Joseph Also directs: Dhanakodi Nidhi Limited | Additional Director | 15 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Dhanakodi Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Devick Biz Solutions Private Limited | ₹1.91 Cr (FY 2025) | -21.0% | Rajendra Place, Delhi, India | |||
| Niche Technologies Private Limited | ₹1.91 Cr (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Sanghu Valley (India) Ltd | ₹1.91 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Total Best Forex Private Limited | ₹1.91 Cr (FY 2024) | 4465.0% | Thiruvananthapuram, Kerala, India | |||
| Vimla Iron & Steel Works Pvt Ltd | ₹1.91 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Dhanakodi Chits Private Limitedthis company | ₹1.91 Cr (FY 2021) | -₹49.71 Lakh | -26% | 8.0% | Sulthan Bathery, Kerala, India | |
| Poulami Trading & Investment Pvt.Ltd. | ₹1.91 Cr (FY 2024) | 239.0% | Kolkata, West Bengal, India | |||
| Ivy Growth Associates Private Limited | ₹1.91 Cr (FY 2024) | 95.0% | Surat, Gujarat, India | |||
| Natraj Vinimay Limited | ₹1.91 Cr (FY 2025) | 9449.0% | Kolkata, West Bengal, India | |||
| Richman Fincap Limited | ₹1.91 Cr (FY 2025) | 843.0% | New Delhi, Delhi, India | |||
| Dew Point Credit Pvt Ltd | ₹1.91 Cr (FY 2025) | 78.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Dhanakodi Chits Private Limited, buy the company report.
Auditor
Dhanakodi Chits Private Limited is audited by K RAJAN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K RAJAN & CO. | FY 2017 | 023946 |
Shareholding
The shareholding of Dhanakodi Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dhanakodi Chits Private Limited, buy the company report.
Legal cases
Dhanakodi Chits Private Limited has 522 court cases on record: 370 filed by Dhanakodi Chits, 152 filed against it. 129 cases are pending and 393 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 510 | 148 | 126 |
| High courts | 12 | 4 | 3 |
Cases on record (5 of 522)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by State of Kerala (Police) | Pending |
| District court, Kozhikode, Kerala | Court case (SC-BUDS Act) | Filed against the company by State of Kerala (Police) | Pending |
| District court, Kannur, Kerala | Court case (SC-BUDS Act) | Filed against the company by State of Kerala Police | Pending |
| District court, Kannur, Kerala | Court case (SC-BUDS Act) | Filed against the company by State of Kerala (Police) | Pending |
| High Court | Appeal | Filed by the company against individuals | Pending |
To see the full case history of Dhanakodi 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 Dhanakodi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhanakodi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCD5998C1ZO | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhanakodi Chits Private Limited, buy the company report.
Recent activity
Dhanakodi Chits Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: George Muthirakkalayil Joseph was appointed as Additional Director on 15 Dec 2022.
Frequently asked questions
Dhanakodi Chits is an active private limited company based in Sulthan Bathery, Kerala, India. The company works in other financial holding, within the financial services industry. It was incorporated on 11 October 2007 (19+ years old) and is registered under CIN U65992KL2007PTC021301.
Dhanakodi Chits has 2 current directors:
- Sebastian Muthirakkalayil Joseph - Managing Director
- George Muthirakkalayil Joseph - Additional Director
The latest financial statements of Dhanakodi Chits 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 GSTIN of Dhanakodi Chits is 32AADCD5998C1ZO, registered in Kerala.
The CIN (Corporate Identification Number) of Dhanakodi Chits is U65992KL2007PTC021301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanakodi Chits has 522 court cases on record: 370 filed by the company and 152 filed against it. 129 are pending. Most are in the district courts.
Dhanakodi Chits was incorporated on 11 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Dhanakodi Chits by revenue are Devick Biz Solutions Private Limited, Niche Technologies Private Limited, Sanghu Valley (India) Ltd, Total Best Forex Private Limited, Vimla Iron & Steel Works Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
George Muthirakkalayil Joseph was appointed as Additional Director on 15 Dec 2022. Sebastian Muthirakkalayil Joseph ceased to be Director on 15 Dec 2022. Yohannan Mathai Mattathil ceased to be Additional Director on 28 Nov 2022. Dhanakodi Chits has 7 board changes on record in total.
The registered office of Dhanakodi Chits is at Sbp V 741 A 30 City Tower, Sulthan Bathery, Kerala, India – 673592.
Dhanakodi Chits operates in the financial services industry, in the other financial holding segment.