About Fineart Chit Funds Private Limited
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Fineart Chit Funds Private Limited is a private limited company based in Chengannur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2001PTC015112.
The company has an authorised share capital of ₹36 Lakh and a paid-up capital of ₹35.8 Lakh. It is led by directors including Mathew Mappillai and John Simon.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chengannur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹25,000. For the same year it recorded a net loss of ₹1.21 Lakh (net margin -484.7%) and EBITDA of -₹1.21 Lakh (EBITDA margin -484.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
Court records list 6 cases involving the company, including 6 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artgroupofcompanies.in.
Company details
Contact details
Fineart Chit Funds Private Limited's registered office is in Chengannur, Kerala. Its website is artgroupofcompanies.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11/574 – 1 First Floor Art Chambers A R T Jn. Next To Govt.Hospital Jn. M, C Road, Chengannur, Kerala, India – 689121
- IndustryFinancial Services, Financial Activities
To see the full contact details of Fineart Chit Funds 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
Financials of Fineart Chit Funds Private Limited
FY 2025 filings availableFineart Chit Funds Private Limited reported revenue of ₹25,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years. EBITDA fell 14% 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 | -₹1.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.21 Lakh | ||||
| Balance Sheet | |||||
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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 | -484.6% | ||||
| Net Profit Margin | -484.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Fineart Chit Funds Private Limited, buy the company report.
Board of directors of Fineart Chit Funds Private Limited
Fineart Chit Funds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Mappillai | Director | 31 Mar 2013 | 13 Years 7 Months | Current |
| John Simon Also directs: A R T Leasing Limited | Director | 31 Mar 2004 | 22 Years 7 Months | Current |
| John Mathews Also directs: A R T Leasing Limited, A.R.T. Developers and Infrastructures Private Limited, A.R.T Nidhi Limited and 3 more | Director | 07 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Fineart Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Narlapur Chit Funds Private Limited | ₹27,396 (FY 2019) | -56.0% | Mancherial, Telangana, India | |||
| Fineart Chit Funds Private Limitedthis company | ₹25,000 (FY 2025) | -₹1.21 Lakh | -484.7% | Chengannur, Kerala, India | ||
| Sav Chit Funds Private Limited | ₹25,000 (FY 2021) | 400.0% | Aluva, Kerala, India | |||
| High Land Chit Funds Private Limited | ₹23,604 (FY 2024) | -72.0% | Thodupuzha, Kerala, India | |||
| NWS Chit Funds Private Limited | ₹21,748 (FY 2025) | 36.0% | Alappuzha, Kerala, India |
To see the full peer comparison of Fineart Chit Funds Private Limited, buy the company report.
Auditor
Fineart Chit Funds Private Limited is audited by KALLUKALAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALLUKALAM & CO | FY 2017 | 205096 |
Shareholding
The shareholding of Fineart Chit Funds 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 Fineart Chit Funds Private Limited, buy the company report.
Legal cases
Fineart Chit Funds Private Limited has 6 court cases on record: 6 filed by Fineart Chit Funds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Fineart Chit Funds 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 Fineart Chit Funds 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 Fineart Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fineart Chit Funds Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Mathew Mappillai was appointed as Director on 31 Mar 2013.
Frequently asked questions
Fineart Chit Funds is an active private limited company based in Chengannur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 December 2001 (25+ years old) and is registered under CIN U65992KL2001PTC015112.
Fineart Chit Funds has 3 current directors:
- Mathew Mappillai - Director
- John Simon - Director
- John Mathews - Director
The latest financial statements of Fineart Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fineart Chit Funds is U65992KL2001PTC015112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fineart Chit Funds has 6 court cases on record: 6 filed by the company.
Fineart Chit Funds was incorporated on 11 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Fineart Chit Funds by revenue are Narlapur Chit Funds Private Limited, Sav Chit Funds Private Limited, High Land Chit Funds Private Limited, NWS Chit Funds Private Limited, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Mathew Mappillai was appointed as Director on 31 Mar 2013. John Mathews was appointed as Director on 07 Jun 2011. Rajesh Kumar Valliarayil Raveendran Pillai ceased to be Director on 07 Jun 2011. Fineart Chit Funds has 4 board changes on record in total.
Fineart Chit Funds can be reached through the website artgroupofcompanies.in. Its registered office is in Chengannur, Kerala, India.
The registered office of Fineart Chit Funds is at 11574 – 1 First Floor Art Chambers A R T Jn. Next To Govt.Hospital Jn. M, C Road, Chengannur, Kerala, India – 689121.
Fineart Chit Funds operates in the financial services industry, in the financial activities segment.
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