Indofin Chits Private Limited
About Indofin Chits Private Limited
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Indofin Chits Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC034115.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Santhoshkrishnannair and Parthasarathi.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Tc 37/1698 Iind Floor Vazhappally Junction Fort, Thiruvananthapuram, Kerala, India – 695023.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.86 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹62,678 (net margin 2.2%) and EBITDA of ₹2.52 Lakh (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Indofin Chits Private Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTc 37/1698 Iind Floor Vazhappally Junction Fort, Thiruvananthapuram, Kerala, India – 695023
- IndustryFinancial Services, Financial Activities
To see the full contact details of Indofin 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 Indofin 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 Indofin Chits Private Limited, buy the company report.
Financials of Indofin Chits Private Limited
FY 2018 filings availableIndofin Chits Private Limited reported revenue of ₹27.86 Lakh (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 9% 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 2017-18 | FY 2016-17 | 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 | ₹2.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹62,678 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9% | |||
| Net Profit Margin | 2.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Indofin Chits Private Limited, buy the company report.
Board of directors of Indofin Chits Private Limited
Indofin Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhoshkrishnannair | Director | 16 May 2013 | 13 Years 5 Months | Current |
| Parthasarathi | Director | 16 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Indofin 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 |
|---|---|---|---|---|---|---|
| Keralagolden Nidhi Limited | ₹27.9 Lakh (FY 2025) | -31.0% | Thrissur, Kerala, India | |||
| Fonsark Traders Pvt. Ltd. | ₹27.89 Lakh (FY 2024) | -45.0% | Kolkata, West Bengal, India | |||
| Raghavendra Chit Funds Private Limited | ₹27.88 Lakh (FY 2018) | -4.0% | Khammam, Telangana, India | |||
| Om Fiscal Pvt Ltd | ₹27.88 Lakh (FY 2022) | 12.0% | Kolkata, West Bengal, India | |||
| Open World Money Planning Solutions Limited | ₹27.87 Lakh (FY 2018) | 5408.0% | Mumbai East, Maharashtra, India | |||
| Indofin Chits Private Limitedthis company | ₹27.86 Lakh (FY 2018) | ₹62,678 | 2.2% | -23.0% | Thiruvananthapuram, Kerala, India | |
| Kamlapati Vanijya Private Limited | ₹27.86 Lakh (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Long Range Finance & Leasing Company Pvt Ltd | ₹27.83 Lakh (FY 2024) | 70.0% | Kolkata, West Bengal, India | |||
| Paritoshik Tie-Up Pvt.Ltd. | ₹27.81 Lakh (FY 2025) | -90.0% | Kolkata, West Bengal, India | |||
| Nexgen Lifin Private Limited | ₹27.81 Lakh (FY 2022) | -55.0% | Mumbai, Maharashtra, India | |||
| Manik Fintrade Pvt Ltd | ₹27.81 Lakh (FY 2025) | 101.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Indofin Chits Private Limited, buy the company report.
Auditor
Indofin Chits Private Limited is audited by K.S.MADHU&CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.MADHU&CO | FY 2016 | 008731S |
Shareholding
The shareholding of Indofin Chits Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indofin Chits Private Limited, buy the company report.
Legal cases
Indofin Chits Private Limited has 16 court cases on record: 7 filed by Indofin Chits, 9 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 9 | 4 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kasaragod, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kasaragod, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Indofin 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 Indofin 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 Indofin Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indofin Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Parthasarathi was appointed as Director on 16 May 2013.
Frequently asked questions
Indofin Chits is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 May 2013 (13+ years old) and is registered under CIN U65992KL2013PTC034115.
Indofin Chits has 2 current directors:
- Santhoshkrishnannair - Director
- Parthasarathi - Director
The latest financial statements of Indofin Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indofin Chits is U65992KL2013PTC034115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indofin Chits has 16 court cases on record: 7 filed by the company and 9 filed against it. 4 are pending.
Indofin Chits was incorporated on 16 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Indofin Chits by revenue are Keralagolden Nidhi Limited, Fonsark Traders Pvt. Ltd, Raghavendra Chit Funds Private Limited, Om Fiscal Pvt Ltd, Open World Money Planning Solutions Limited and 5 more, all in the same principal business activity (other financial activities).
Parthasarathi was appointed as Director on 16 May 2013. Santhoshkrishnannair was appointed as Director on 16 May 2013.
The registered office of Indofin Chits is at Tc 371698 Iind Floor Vazhappally Junction Fort, Thiruvananthapuram, Kerala, India – 695023.
Indofin Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Indofin Chits is active non-compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
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