Fort City Chits Private Limited
About Fort City Chits Private Limited
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Fort City Chits Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 14 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2001PTC014541. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8.4 Lakh. It is led by directors including Theradapuzha Benny Mathew and Kattiramkunnan Chami Sahadevan.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palakkad, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.36 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹14,483 (net margin 1.4%) and EBITDA of ₹31,112 (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fort City Chits Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18/96 Sm Complex, College Road, Palakkad, Kerala, India – 678001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Fort City 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 Fort City 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 Fort City Chits Private Limited, buy the company report.
Financials of Fort City Chits Private Limited
FY 2025 filings availableFort City Chits Private Limited reported revenue of ₹10.36 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 4% fall in the latest year. EBITDA fell 82% 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 | ₹31,112 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14,483 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 3% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Fort City Chits Private Limited, buy the company report.
Board of directors of Fort City Chits Private Limited
Fort City Chits has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Theradapuzha Benny Mathew | Director | 14 Feb 2001 | 25 Years 8 Months | Current |
| Kattiramkunnan Chami Sahadevan Also directs: Tower Chits Private Limited | Director | 14 Feb 2001 | 25 Years 8 Months | Current |
| Kuppankutty Subramani Also directs: Malabar Engineering Company Private Limited | Director | 21 Jul 2011 | 15 Years 3 Months | Current |
| Parakkal Raghunandan | Director | 10 Sep 2004 | 22 Years 1 Months | Current |
| Ayyappan Nair Varavara Also directs: Tower Chits Private Limited | Director | 14 Feb 2001 | 25 Years 8 Months | Current |
Peer comparison
Fort City 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 |
|---|---|---|---|---|---|---|
| Sri Balanjaneya Chits Private Limited | ₹10.37 Lakh (FY 2020) | 2.0% | Malur, Karnataka, India | |||
| Goldenfuture Mutual Benefit Limited | ₹10.37 Lakh (FY 2017) | 37.0% | Gorakhpur, Uttar Pradesh, India | |||
| Raghuvar Dhani Private Limited | ₹10.36 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Survika Traders Pvt Ltd | ₹10.36 Lakh (FY 2025) | -13.0% | Kolkata, West Bengal, India | |||
| Stanrose Mafatlal Investments and Finance Limited | ₹10.36 Lakh (FY 2021) | -74.0% | Ahmedabad, Gujarat, India | |||
| Fort City Chits Private Limitedthis company | ₹10.36 Lakh (FY 2025) | ₹14,483 | 1.4% | -4.0% | Palakkad, Kerala, India | |
| Sagittarius Investments Private Limited | ₹10.36 Lakh (FY 2023) | 23.0% | Coimbatore, Tamil Nadu, India | |||
| DC Innvestone Private Limited | ₹10.35 Lakh (FY 2023) | Siliguri, West Bengal, India | ||||
| Brilliant Developers Pvt Ltd | ₹10.35 Lakh (FY 2022) | -56.0% | Kolkata, West Bengal, India | |||
| Sugnya Nidhi Limited | ₹10.34 Lakh (FY 2024) | 52.0% | Jodhpur, Rajasthan, India | |||
| BST Nidhi Limited | ₹10.34 Lakh (FY 2024) | -23.0% | Purnia, Bihar, India |
To see the full peer comparison of Fort City Chits Private Limited, buy the company report.
Auditor
Fort City Chits Private Limited is audited by T.V. ANANATHAKRISHNAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.V. ANANATHAKRISHNAN | FY 2017 | 022047 |
Shareholding
The shareholding of Fort City 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 Fort City Chits Private Limited, buy the company report.
Legal cases
Fort City Chits Private Limited has 13 court cases on record: 10 filed by Fort City Chits, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| High Court | Revision petition | Filed against the company by an individual | Disposed |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Fort City 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 Fort City Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fort City Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fort City Chits Private Limited, buy the company report.
Recent activity
Fort City Chits Private Limited has 6 board changes on record since 2001: 5 appointments and 1 cessation. The latest: Kuppankutty Subramani ceased to be Additional Director on 21 Aug 2019.
Frequently asked questions
Fort City Chits is an active private limited company based in Palakkad, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 14 February 2001 (25+ years old) and is registered under CIN U65992KL2001PTC014541.
Fort City Chits has 5 current directors:
- Theradapuzha Benny Mathew - Director
- Kattiramkunnan Chami Sahadevan - Director
- Kuppankutty Subramani - Director
- Parakkal Raghunandan - Director
- Ayyappan Nair Varavara - Director
The latest financial statements of Fort City Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
No. Fort City Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fort City Chits is U65992KL2001PTC014541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fort City Chits has 13 court cases on record: 10 filed by the company and 3 filed against it. Most are in the district courts.
Fort City Chits was incorporated on 14 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Fort City Chits by revenue are Sri Balanjaneya Chits Private Limited, Goldenfuture Mutual Benefit Limited, Raghuvar Dhani Private Limited, Survika Traders Pvt Ltd, Stanrose Mafatlal Investments and Finance Limited and 5 more, all in the same principal business activity (other financial activities).
Kuppankutty Subramani ceased to be Additional Director on 21 Aug 2019. Kuppankutty Subramani was appointed as Director on 21 Jul 2011. Parakkal Raghunandan was appointed as Director on 10 Sep 2004. Fort City Chits has 6 board changes on record in total.
The registered office of Fort City Chits is at 1896 Sm Complex, College Road, Palakkad, Kerala, India – 678001.
Fort City Chits operates in the financial services industry, in the financial activities segment.
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