Kandanassery Chits Private Limited
About Kandanassery Chits Private Limited
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Kandanassery Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 21 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2018PTC054374.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹29.75 Lakh. It is led by directors including Mathew Chiramel Thomakutty (Managing Director) and Shiny Chandran Vadassery (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.10/304 First Floor Karisma Palace Mattom P O, Thrissur, Kerala, India – 680602.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.74 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹16,678 (net margin 0.5%) and EBITDA of ₹62,589 (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in November 2018.
Company details
Contact details
Kandanassery Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressNo.10/304 First Floor Karisma Palace Mattom P O, Thrissur, Kerala, India – 680602
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Kandanassery 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
Financials of Kandanassery Chits Private Limited
FY 2025 filings availableKandanassery Chits Private Limited reported revenue of ₹34.74 Lakh (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 50% growth in the latest year. EBITDA fell 61% 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 | ₹62,589 | ||||
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| Net Profit (PAT) | ₹16,678 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Kandanassery Chits Private Limited, buy the company report.
Board of directors of Kandanassery Chits Private Limited
Kandanassery Chits has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Chiramel Thomakutty | Managing Director | 07 Jun 2019 | 7 Years 4 Months | Current |
| Shiny Chandran Vadassery | Whole-Time Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Suresh Ponnarassery Raghavan | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
| Sabu | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
| Anandan Erath Sekharan | Director | 26 Jul 2025 | 1 Years 3 Months | Current |
| Edakkalathoor Varghese Sighy | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
Deals & funding
Kandanassery Chits Private Limited has 1 deal on record (1 rights issue); the latest was in November 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Rights issue | ₹19.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kandanassery Chits Private Limited has 1 court case on record: 1 filed by Kandanassery Chits. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Kandanassery 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 Kandanassery 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 Kandanassery Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kandanassery Chits Private Limited has 20 board changes on record since 2018: 8 appointments and 12 cessations. The latest: Anandan Erath Sekharan was appointed as Director on 26 Jul 2025.
11 earlier events are in the company report.
Frequently asked questions
Kandanassery Chits is an active private limited company based in Thrissur, Kerala, India. The company works in chit fund, within the financial services industry. It was incorporated on 21 August 2018 (8+ years old) and is registered under CIN U65992KL2018PTC054374.
Kandanassery Chits has 7 current directors:
- Mathew Chiramel Thomakutty - Managing Director
- Shiny Chandran Vadassery - Whole-Time Director
- Suresh Ponnarassery Raghavan - Director
- Sabu - Director
- Anandan Erath Sekharan - Director
- Edakkalathoor Varghese Sighy - Director
- Thomas Chirammel Antony - Director
The latest financial statements of Kandanassery Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 July 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Kandanassery Chits is U65992KL2018PTC054374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandanassery Chits has 1 court case on record: 1 filed by the company.
Kandanassery Chits was incorporated on 21 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kandanassery Chits has 1 deal on record (1 rights issue); the latest was in November 2018.
Anandan Erath Sekharan was appointed as Director on 26 Jul 2025. Chiramal Poulose Antony ceased to be Director on 26 Jul 2025. Joy Chovalloor Kochappan ceased to be Director on 26 Jul 2025. Kandanassery Chits has 20 board changes on record in total.
The registered office of Kandanassery Chits is at No.10304 First Floor Karisma Palace Mattom P O, Thrissur, Kerala, India – 680602.
Kandanassery Chits operates in the financial services industry, in the chit fund segment.
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