Fynzere Chits Private Limited
About Fynzere Chits Private Limited
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Fynzere Chits Private Limited is a private limited company based in Kodungallur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PTC050149.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Kondiyara Prabhakaran Binu (Managing Director) and Ellathuparambil Ramakrishnan Muraleedharan.
Its last annual general meeting (AGM) was held on 29 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Xiv/225/7 Sagarasree Complex Opposite Ashoka Theatre Thekke Nada, Kodungallur, Kerala, India – 680664.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.36 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹3,539 (net margin 1.5%) and EBITDA of ₹25,848 (EBITDA margin 11%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fynzere Chits Private Limited's registered office is in Kodungallur, Kerala.
- Registered AddressXiv/225/7 Sagarasree Complex Opposite Ashoka Theatre Thekke Nada, Kodungallur, Kerala, India – 680664
- IndustryFinancial Services, Other Financial Intermediation
- 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 Fynzere 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 Fynzere Chits Private Limited, buy the company report.
Financials of Fynzere Chits Private Limited
FY 2020 filings availableFynzere Chits Private Limited reported revenue of ₹2.36 Lakh (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year. EBITDA fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹25,848 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3,539 | ||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11% | ||
| Net Profit Margin | 1.5% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Fynzere Chits Private Limited, buy the company report.
Board of directors of Fynzere Chits Private Limited
Fynzere Chits has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondiyara Prabhakaran Binu Also directs: Finsere Sales and Services Limited, Finsere Nidhi Limited, Finsere Kuries Private Limited and 1 more | Managing Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Ellathuparambil Ramakrishnan Muraleedharan Also directs: Finsere Sales and Services Limited, Finsere Nidhi Limited, Finsere Kuries Private Limited and 1 more | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Sudirkumar Therpurakkal Chennan Also directs: Finsere Sales and Services Limited, Finsere Nidhi Limited, Finsere Kuries Private Limited and 1 more | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Kalappurakkal Sadanandan Satheeshbabu | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Fynzere 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 |
|---|---|---|---|---|---|---|
| Avower Advisors Private Limited | ₹2.36 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Kapila Finserv Private Limited | ₹2.36 Lakh (FY 2025) | -77.0% | Pune, Maharashtra, India | |||
| Sukhvarsha Finvest Pvt Ltd | ₹2.36 Lakh (FY 2024) | 81.0% | Kolkata, West Bengal, India | |||
| Tanika India Nidhi Limited | ₹2.36 Lakh (FY 2022) | Mertacity, Rajasthan, India | ||||
| Collaborative Capital Solutions Private Limited | ₹2.36 Lakh (FY 2025) | 52.0% | Gurgaon, Haryana, India | |||
| Fynzere Chits Private Limitedthis company | ₹2.36 Lakh (FY 2020) | ₹3,539 | 1.5% | -43.0% | Kodungallur, Kerala, India | |
| RDP Pariwar Nidhi Limited | ₹2.36 Lakh (FY 2023) | 63.0% | Alirajpur, Madhya Pradesh, India | |||
| New Step Chits Private Limited | ₹2.36 Lakh (FY 2019) | -74.0% | Sindhanur, Karnataka, India | |||
| Moovar Ivar Chits Private Limited | ₹2.36 Lakh (FY 2024) | 93.0% | Manapparai, Tamil Nadu, India | |||
| Loopers Mini Nidhi Limited | ₹2.36 Lakh (FY 2023) | Thiruvananthapuram, Kerala, India | ||||
| Bansal Commodities (India) Private Limited | ₹2.36 Lakh (FY 2016) | -87.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fynzere Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fynzere Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fynzere Chits 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 Fynzere Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fynzere Chits Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Kalappurakkal Sadanandan Satheeshbabu ceased to be Director on 24 Aug 2020.
Frequently asked questions
Fynzere Chits is an active private limited company based in Kodungallur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U65999KL2017PTC050149.
Fynzere Chits has 4 current directors:
- Kondiyara Prabhakaran Binu - Managing Director
- Ellathuparambil Ramakrishnan Muraleedharan - Director
- Sudirkumar Therpurakkal Chennan - Director
- Kalappurakkal Sadanandan Satheeshbabu - Director
The latest financial statements of Fynzere Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 August 2020. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Fynzere Chits is U65999KL2017PTC050149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fynzere Chits was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Fynzere Chits by revenue are Avower Advisors Private Limited, Kapila Finserv Private Limited, Sukhvarsha Finvest Pvt Ltd, Tanika India Nidhi Limited, Collaborative Capital Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kalappurakkal Sadanandan Satheeshbabu ceased to be Director on 24 Aug 2020. Ellathuparambil Ramakrishnan Muraleedharan ceased to be Managing Director on 06 Sep 2018. Kondiyara Prabhakaran Binu ceased to be Director on 06 Sep 2018. Fynzere Chits has 7 board changes on record in total.
The registered office of Fynzere Chits is at Xiv2257 Sagarasree Complex Opposite Ashoka Theatre Thekke Nada, Kodungallur, Kerala, India – 680664.
Fynzere Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Fynzere Chits is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
Fynzere Chits can be reached at its registered office: Xiv2257 Sagarasree Complex Opposite Ashoka Theatre Thekke Nada, Kodungallur, Kerala, India – 680664.