
Kathirurappan Chits Private Limited
About Kathirurappan Chits Private Limited
Data last updated:
Kathirurappan Chits Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 June 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2022PTC076258.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Gangadharan Shigina and Abhilash Modiyil Kesavan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Building No. Kp Xv/720 Near Old Kseb Kadirur, Kannur, Kerala, India – 670642.
As per the financials filed for FY 2024, the company reported a revenue of ₹80,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹24,888 (net margin -31.1%) and EBITDA of -₹15,332 (EBITDA margin -19.2%).
Company details
Contact details
Kathirurappan Chits Private Limited's registered office is in Kannur, Kerala.
- Registered AddressBuilding No. Kp Xv/720 Near Old Kseb Kadirur, Kannur, Kerala, India – 670642
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Kathirurappan 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 Kathirurappan Chits Private Limited, buy the company report.
Financials of Kathirurappan Chits Private Limited
FY 2024 filings availableKathirurappan Chits Private Limited reported revenue of ₹80,000 (up 540% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 540% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹15,332 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹24,888 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -19.2% | |
| Net Profit Margin | -31.1% | |
| 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 Kathirurappan Chits Private Limited, buy the company report.
Board of directors of Kathirurappan Chits Private Limited
Kathirurappan Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gangadharan Shigina | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
| Abhilash Modiyil Kesavan | Director | 21 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Kathirurappan 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 |
|---|---|---|---|---|---|---|
| Krishnasree Kuries and Loans Pvt Ltd | ₹80,135 (FY 2017) | -38.0% | Guruvayur, Kerala, India | |||
| Indraprasth Finsure Private Limited | ₹80,020 (FY 2022) | Delhi, India | ||||
| Kathirurappan Chits Private Limitedthis company | ₹80,000 (FY 2024) | -₹24,888 | -31.1% | 540.0% | Kannur, Kerala, India | |
| F S Microfinance Private Limited | ₹80,000 (FY 2024) | Maharajganj, Uttar Pradesh, India | ||||
| Sree Kunnampully Kurumba Bhagavathy Chits Private Limited | ₹80,000 (FY 2023) | -27.0% | Palakkad, Kerala, India | |||
| Cosmos Nidhi Limited | ₹80,000 (FY 2022) | 433.0% | Pusad, Maharashtra, India | |||
| Maxwell Infotech Limited | ₹80,000 (FY 2025) | -70.0% | New Delhi, Delhi, India | |||
| Corpxcel Management Consultants Private Limited | ₹79,950 (FY 2025) | -63.0% | Thrissur, Kerala, India | |||
| Gargi Maitreyee Nidhi Limited | ₹79,934 (FY 2023) | -19.0% | Nagur, Maharashtra, India | |||
| Jerry.D Chit Private Limited | ₹79,877 (FY 2021) | -45.0% | Thiruvananthapuram, Kerala, India | |||
| Chitalmary RMP India Nidhi Limited | ₹79,865 (FY 2022) | -29.0% | Dineshpur, Uttarakhand, India |
To see the full peer comparison of Kathirurappan Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kathirurappan 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 Kathirurappan 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 Kathirurappan Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kathirurappan Chits Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abhilash Modiyil Kesavan was appointed as Director on 21 Jun 2022.
Frequently asked questions
Kathirurappan Chits is an active private limited company based in Kannur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 June 2022 (4+ years old) and is registered under CIN U65992KL2022PTC076258.
Kathirurappan Chits has 2 current directors:
- Gangadharan Shigina - Director
- Abhilash Modiyil Kesavan - Director
The latest financial statements of Kathirurappan Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Kathirurappan Chits is U65992KL2022PTC076258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kathirurappan Chits was incorporated on 21 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kathirurappan Chits by revenue are Krishnasree Kuries and Loans Pvt Ltd, Indraprasth Finsure Private Limited, F S Microfinance Private Limited, Sree Kunnampully Kurumba Bhagavathy Chits Private Limited, Cosmos Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Abhilash Modiyil Kesavan was appointed as Director on 21 Jun 2022. Gangadharan Shigina was appointed as Director on 21 Jun 2022.
The registered office of Kathirurappan Chits is at Building No. Kp Xv720 Near Old Kseb Kadirur, Kannur, Kerala, India – 670642.
Kathirurappan Chits operates in the financial services industry, in the other financial intermediation segment.
Kathirurappan Chits can be reached at its registered office: Building No. Kp Xv720 Near Old Kseb Kadirur, Kannur, Kerala, India – 670642.
Kathirurappan Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.

