Malabar Chit Funds Private Limited
About Malabar Chit Funds Private Limited
Data last updated:
Malabar Chit Funds Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 27 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1993PTC006950.
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹7.18 Lakh. It is led by directors including Sathar Paikadan (Managing Director) and Nadira.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Kozhikode, Kerala.
As per the financials filed for FY 2017, the company reported a revenue of ₹21.11 Lakh. For the same year it recorded a net profit of ₹15,181 (net margin 0.7%) and EBITDA of ₹1.35 Lakh (EBITDA margin 6.4%).
Court records list 194 cases involving the company, including 167 filed by the company and 27 filed against it; 32 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Malabar Chit Funds Private Limited's registered office is in Kozhikode, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/298 A, Paikadan Appartment, Kozhikode, Kerala, India – 673303
- IndustryFinancial Services, Financial Activities
To see the full contact details of Malabar Chit Funds 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 Malabar Chit Funds Private Limited
FY 2022 filings availableMalabar Chit Funds Private Limited reported revenue of ₹21.11 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹21.11 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.35 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹15,181 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.4% | ||
| Net Profit Margin | 0.7% | ||
| 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 Malabar Chit Funds Private Limited, buy the company report.
Board of directors of Malabar Chit Funds Private Limited
Malabar Chit Funds has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadira | Director | 30 Sep 1999 | 27 Years 0 Months | Current |
| Ramees Raja Paikat | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
| Sathar Paikadan Also directs: Solano Shalimar LLP, Payona Retreat LLP | Managing Director | 27 Jan 1993 | 33 Years 8 Months | Current |
Auditor
Malabar Chit Funds Private Limited is audited by THEKKUMTHAZATHSANAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THEKKUMTHAZATHSANAL | FY 2017 | 234954 |
Shareholding
The shareholding of Malabar Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Malabar Chit Funds Private Limited, buy the company report.
Legal cases
Malabar Chit Funds Private Limited has 194 court cases on record: 167 filed by Malabar Chit Funds, 27 filed against it. 32 cases are pending and 162 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 138 | 10 | 29 |
| High courts | 56 | 17 | 3 |
Cases on record (5 of 194)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Malabar Chit Funds 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 Malabar Chit Funds 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 Malabar Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Malabar Chit Funds Private Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Muhammed Basheer ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Malabar Chit Funds is an active private limited company based in Kozhikode, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 27 January 1993 (33+ years old) and is registered under CIN U65992KL1993PTC006950.
Malabar Chit Funds has 3 current directors:
- Sathar Paikadan - Managing Director
- Nadira - Director
- Ramees Raja Paikat - Director
The latest financial statements of Malabar Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Malabar Chit Funds is U65992KL1993PTC006950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malabar Chit Funds has 194 court cases on record: 167 filed by the company and 27 filed against it. 32 are pending. Most are in the district courts.
Malabar Chit Funds was incorporated on 27 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ernakulam.
Muhammed Basheer ceased to be Additional Director on 31 Dec 2020. Ramees Raja Paikat ceased to be Additional Director on 31 Dec 2020. Ramees Raja Paikat was appointed as Director on 13 Nov 2020. Malabar Chit Funds has 5 board changes on record in total.
The registered office of Malabar Chit Funds is at 4298 A, Paikadan Appartment, Kozhikode, Kerala, India – 673303.
Malabar Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Malabar Chit Funds is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.