Discover Chits Private Limited
About Discover Chits Private Limited
Data last updated:
Discover Chits Private Limited was a private limited company based in Cheruthuruthy P O, 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 services and investment segment of the financial services sector. It was incorporated on 29 June 2011.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC028759.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mecherithody Krishnankutty Suresh (Managing Director) and Muraleedharan Nair.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Room No.14 New Shopping Complex Of Vallathol Nagar Grama Panchayat, Cheruthuruthy P O, Kerala, India – 679531.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.77 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7,792 (net margin 1.6%) and EBITDA of ₹19,211 (EBITDA margin 4%).
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- Registered AddressRoom No.14 New Shopping Complex Of Vallathol Nagar Grama Panchayat, Cheruthuruthy P O, Kerala, India – 679531
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Discover Chits Private Limited
The main business activity of Discover Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Discover Chits Private Limited
Discover Chits has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muraleedharan Nair | Director | 15 Nov 2011 | 14 Years 10 Months | As last reported |
| Subhash | Director | 16 Sep 2011 | 15 Years 0 Months | As last reported |
| Prabhitha Thekkepat | Director | 16 Sep 2011 | 15 Years 0 Months | As last reported |
| Subramanian | Director | 16 Sep 2011 | 15 Years 0 Months | As last reported |
| Sasikala | Director | 29 Jun 2011 | 15 Years 3 Months | As last reported |
| Mecherithody Krishnankutty Suresh | Managing Director | 29 Jun 2011 | 15 Years 3 Months | As last reported |
Financials of Discover Chits Private Limited FY 2016 filings available
Discover Chits Private Limited reported revenue of ₹4.77 Lakh (up 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Discover Chits Private Limited
Revenue rose 15% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Discover Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹19,211 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹7,792 | •••• |
| 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 of Discover Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4% | •••• |
| Net Profit Margin | 1.6% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Discover Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Discover Chits Private Limited
Discover Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Discover Chits Private Limited
Employment history and EPFO contributions of people linked to Discover Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Discover Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Discover Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Discover Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Discover Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Discover Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Discover Chits Private Limited
Frequently Asked Questions about Discover Chits Private Limited
Discover 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.
Discover Chits was a private limited company based in Cheruthuruthy P O, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 29 June 2011 and is registered under CIN U65992KL2011PTC028759. The company has been struck off by the Registrar of Companies and is no longer operational.
Discover Chits had 7 directors:
- Mecherithody Krishnankutty Suresh - Managing Director
- Muraleedharan Nair - Director
- Subhash - Director
- Prabhitha Thekkepat - Director
- Subramanian - Director
- Sasikala - Director
- Bindu - Director
The CIN (Corporate Identification Number) of Discover Chits is U65992KL2011PTC028759. 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 Discover Chits is at Room No.14 New Shopping Complex Of Vallathol Nagar Grama Panchayat, Cheruthuruthy P O, Kerala, India – 679531.
Discover Chits was incorporated on 29 June 2011. It is registered with the Registrar of Companies, Ernakulam.
Discover Chits reported revenue of ₹4.77 Lakh for FY 2016 (up 15% YoY).
Discover Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Discover Chits reported a net profit of ₹7,792 (net margin 1.6%) and EBITDA of ₹19,211 (EBITDA margin 4%) for FY 2016, as per its filed financial statements.