Kalinga Chit Funds Pvt Ltd
About Kalinga Chit Funds Pvt Ltd
Data last updated:
Kalinga Chit Funds Pvt Ltd was a private limited company based in Thrissur, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 09 October 1980.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1980PTC003252. Its GSTIN is 32AABCK0488Q2Z6 (Kerala). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.45 Lakh. It was led by directors including Chacko Lonappan Kunduprambil and Maliakal Thomas Ephrem.
Its last annual general meeting (AGM) was held on 30 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kizhakkepeedika Complextana Irinjalakuda, Thrissur, Kerala, India – 680121.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.41 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹8,037 (net margin 0.5%) and EBITDA of ₹15,630 (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 15% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
Court records list 44 cases involving the company, including 39 filed by the company and 5 filed against it; 1 case is pending.
Company details
Contact details
Kalinga Chit Funds Pvt Ltd's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKizhakkepeedika Complextana Irinjalakuda, Thrissur, Kerala, India – 680121
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kalinga Chit Funds Pvt Ltd, 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 Kalinga Chit Funds 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 Kalinga Chit Funds Pvt Ltd, buy the company report.
Financials of Kalinga Chit Funds Pvt Ltd
FY 2024 filings availableKalinga Chit Funds Pvt Ltd reported revenue of ₹16.41 Lakh (down 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 69% fall in the latest year. EBITDA fell 100% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹15,630 | ||||
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| Net Profit (PAT) | ₹8,037 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kalinga Chit Funds Pvt Ltd, buy the company report.
Board of directors of Kalinga Chit Funds Pvt Ltd
Kalinga Chit Funds has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chacko Lonappan Kunduprambil | Director | 27 Sep 2011 | 15 Years 1 Months | As last reported |
| Maliakal Thomas Ephrem Also directs: Trichur Computer Centre Pvt Ltd | Director | 28 Sep 2020 | 6 Years 1 Months | As last reported |
| Jophy George | Director | 28 Sep 2020 | 6 Years 1 Months | As last reported |
| Syleskumar Kallada Ramakrishnan Also directs: Taskify Labs LLP, Manikkampara Granites Private Limited, Kallada Regency Private Limited and 2 more | Director | 27 Sep 2005 | 21 Years 1 Months | As last reported |
| Manikkathparambil Joseph Baby | Director | 10 Sep 1997 | 29 Years 1 Months | As last reported |
Peer comparison
Kalinga Chit Funds Pvt Ltd is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Sreegruha Chits Private Limited | ₹16.48 Lakh (FY 2015) | 942.0% | Kadapa, Andhra Pradesh, India | |||
| Arulvalam Chit Funds Private Limited | ₹16.46 Lakh (FY 2025) | -27.0% | Pollachi, Tamil Nadu, India | |||
| Prakalya Chit Funds Private Limited | ₹16.46 Lakh (FY 2024) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Kalinga Chit Funds Pvt Ltdthis company | ₹16.41 Lakh (FY 2023) | ₹8,037 | 0.5% | -69.0% | 1 | Thrissur, Kerala, India |
| Divya Saketh Chits Private Limited | ₹16.4 Lakh (FY 2023) | -23.0% | Siddipet, Telangana, India | |||
| RK Indur Chit Funds Private Limited | ₹16.38 Lakh (FY 2024) | 26.0% | Kanteshwar, Telangana, India | |||
| Utthejana Nidhi Limited | ₹16.37 Lakh (FY 2024) | 176.0% | Dharwad, Karnataka, India | |||
| Anandha Vijayam Chit Funds Private Limited | ₹16.35 Lakh (FY 2017) | -26.0% | Vridhachalam, Tamil Nadu, India | |||
| Laxmi Growth Nidhi Limited | ₹16.33 Lakh (FY 2024) | 47.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kalinga Chit Funds Pvt Ltd, buy the company report.
Auditor
Kalinga Chit Funds Pvt Ltd is audited by UNNIKRISHNAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UNNIKRISHNAN & CO | FY 2021 | 004460S |
Shareholding
The shareholding of Kalinga Chit Funds Pvt Ltd 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 Kalinga Chit Funds Pvt Ltd, buy the company report.
Legal cases
Kalinga Chit Funds Pvt Ltd has 44 court cases on record: 39 filed by Kalinga Chit Funds, 5 filed against it. 1 case is pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 0 | 0 |
| High courts | 7 | 5 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Kalinga Chit Funds Pvt Ltd, 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 Kalinga Chit Funds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kalinga Chit Funds Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Kalinga Chit Funds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK0488Q2Z6 | Kerala | Active | 29 Jan 2021 |
To see the full GST registrations and return filing status of Kalinga Chit Funds Pvt Ltd, buy the company report.
Recent activity
Kalinga Chit Funds Pvt Ltd has 12 board changes on record since 1997: 5 appointments and 7 cessations. The latest: Chacko Lonappan Kunduprambil ceased to be Director on 01 Jan 2025.
3 earlier events are in the company report.
Frequently asked questions
Kalinga Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kalinga Chit Funds was a private limited company based in Thrissur, Kerala, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 09 October 1980 and is registered under CIN U65992KL1980PTC003252. The company has been struck off by the Registrar of Companies and is no longer operational.
Kalinga Chit Funds had 5 directors:
- Chacko Lonappan Kunduprambil - Director
- Maliakal Thomas Ephrem - Director
- Jophy George - Director
- Syleskumar Kallada Ramakrishnan - Director
- Manikkathparambil Joseph Baby - Director
The CIN (Corporate Identification Number) of Kalinga Chit Funds is U65992KL1980PTC003252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kalinga Chit Funds is at Kizhakkepeedika Complextana Irinjalakuda, Thrissur, Kerala, India – 680121.
Kalinga Chit Funds was incorporated on 09 October 1980. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Kalinga Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 May 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalinga Chit Funds is 32AABCK0488Q2Z6, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Kalinga Chit Funds operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
The peers of Kalinga Chit Funds by revenue are Sreegruha Chits Private Limited, Arulvalam Chit Funds Private Limited, Prakalya Chit Funds Private Limited, Divya Saketh Chits Private Limited, RK Indur Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Kalinga Chit Funds has 44 court cases on record: 39 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.