About Hi-Wealth Kuries Limited
Data last updated:
Hi-Wealth Kuries Limited is a public limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PLC029278. Its GSTIN is 32AACCH7525G1ZU (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹74.5 Lakh. It is led by directors including Pallikkunnath Essac Kochappan (Managing Director) and Gregory Kalloor Francis.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thrissur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.1 Lakh (net margin 2.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 56.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company is associated with 1 brand: Hi-WEALTH Kuries Limited. Court records list 474 cases involving the company, including 461 filed by the company and 13 filed against it; 104 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiwealthkuries.com.
Company details
Contact details
Hi-Wealth Kuries Limited's registered office is in Thrissur, Kerala. Its website is hiwealthkuries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address27/10 – 1 Thushara Karunakaran Nambiar Road Aswani Hospita, L Junction, Thrissur, Kerala, India – 680020
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Hi-Wealth Kuries 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
Brands
Hi-Wealth Kuries operates one associated brand: Hi-WEALTH Kuries Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services focused on Chit Funds and savings schemes in India. | hiwealthkuries.com |
Business activity
The main business activity of Hi-Wealth Kuries 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 Hi-Wealth Kuries Limited, buy the company report.
Financials of Hi-Wealth Kuries Limited
FY 2025 filings availableHi-Wealth Kuries Limited reported revenue of ₹1.94 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA rose 5% 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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| EBITDA | ₹1.09 Cr | ||||
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| Net Profit (PAT) | ₹4.1 Lakh | ||||
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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 | 56.1% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Hi-Wealth Kuries Limited, buy the company report.
Board of directors of Hi-Wealth Kuries Limited
Hi-Wealth Kuries has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gregory Kalloor Francis | Director | 12 Jan 2012 | 14 Years 9 Months | Current |
| Joel Joju Madathumpady Also directs: JMJ Finance Limited, Sovereign Kuries India Private Limited, JMJ Plus Kuries Limited and 1 more | Director | 14 Jan 2021 | 5 Years 9 Months | Current |
| Cheruvathur Thandassery Rocky Rupesh Also directs: Pootharakkal Indoor LLP, United India Chitties Pvt Ltd | Director | 12 Jan 2012 | 14 Years 9 Months | Current |
| Benny Porinchu Thekkath | Director | 12 Jan 2012 | 14 Years 9 Months | Current |
| Neelankavil Jose Byju | Director | 12 Jan 2012 | 14 Years 9 Months | Current |
| Joseph Thanikkal Benny Also directs: Sutharya Kuries Private Limited | Director | 01 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Hi-Wealth Kuries Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Sigaram Chits Private Limited | ₹1.95 Cr (FY 2019) | -25.0% | Chennai, Tamil Nadu, India | |||
| Cordialgramin Nidhi Limited | ₹1.95 Cr (FY 2024) | -35.0% | Ernakulam, Kerala, India | |||
| Mancherial Amartya Chit Funds Private Limited | ₹1.95 Cr (FY 2022) | 33.0% | Mancherial, Telangana, India | |||
| Hi-Wealth Kuries Limitedthis company | ₹1.94 Cr (FY 2025) | ₹4.1 Lakh | 2.1% | 6.0% | Thrissur, Kerala, India | |
| Magan Nidhi Limited | ₹1.93 Cr (FY 2025) | 68.0% | Nagpur, Maharashtra, India | |||
| Akshayarithu Chits Private Limited | ₹1.93 Cr (FY 2024) | 13.0% | Thiruvananthapuram, Kerala, India | |||
| Slyn Chits Private Limited | ₹1.92 Cr (FY 2025) | 29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Hi-Wealth Kuries Limited, buy the company report.
Auditor
Hi-Wealth Kuries Limited is audited by RAMDAS & VENUGOPAL for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMDAS & VENUGOPAL | FY 2021 | 010669S |
Shareholding
The shareholding of Hi-Wealth Kuries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-Wealth Kuries Limited, buy the company report.
Legal cases
Hi-Wealth Kuries Limited has 474 court cases on record: 461 filed by Hi-Wealth Kuries, 13 filed against it. 104 cases are pending and 370 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 469 | 8 | 103 |
| High courts | 5 | 5 | 1 |
Cases on record (5 of 474)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Monetary Kuries (P) Limited and 4 others | Pending |
| District court, Thrissur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Hi-Wealth Kuries 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 Hi-Wealth Kuries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Wealth Kuries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCH7525G1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Wealth Kuries Limited, buy the company report.
Recent activity
Hi-Wealth Kuries Limited has 16 board changes on record since 2011: 12 appointments and 4 cessations. The latest: Vincent Vadakkethala Devassy ceased to be Director on 23 Mar 2023.
7 earlier events are in the company report.
Frequently asked questions
Hi-Wealth Kuries is an active public limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 September 2011 (15+ years old) and is registered under CIN U65992KL2011PLC029278.
Hi-Wealth Kuries has 8 current directors:
- Pallikkunnath Essac Kochappan - Managing Director
- Gregory Kalloor Francis - Director
- Joel Joju Madathumpady - Director
- Cheruvathur Thandassery Rocky Rupesh - Director
- Benny Porinchu Thekkath - Director
- Neelankavil Jose Byju - Director
- Joseph Thanikkal Benny - Director
- Joy Thomas Puthur - Director
The latest financial statements of Hi-Wealth Kuries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Wealth Kuries is 32AACCH7525G1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Hi-Wealth Kuries is U65992KL2011PLC029278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Wealth Kuries has 474 court cases on record: 461 filed by the company and 13 filed against it. 104 are pending. Most are in the district courts.
Hi-Wealth Kuries was incorporated on 01 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Hi-Wealth Kuries by revenue are Sigaram Chits Private Limited, Cordialgramin Nidhi Limited, Mancherial Amartya Chit Funds Private Limited, Magan Nidhi Limited, Akshayarithu Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Vincent Vadakkethala Devassy ceased to be Director on 23 Mar 2023. Joel Joju Madathumpady was appointed as Director on 14 Jan 2021. Joju Madathumpady Johny ceased to be Director on 26 Sep 2019. Hi-Wealth Kuries has 16 board changes on record in total.
Hi-Wealth Kuries can be reached through the website hiwealthkuries.com. Its registered office is in Thrissur, Kerala, India.
The registered office of Hi-Wealth Kuries is at 2710 – 1 Thushara Karunakaran Nambiar Road Aswani Hospita, L Junction, Thrissur, Kerala, India – 680020.
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