India's Richest People 2026 edition · 1 director · Source: Hurun India
- #236 VP Nandakumar ₹15,900 Cr
Revenue · FY 2025
₹4.51 Cr
▲ 37% YoY
Net profit · FY 2025
₹1.06 Cr
Net margin 23.5%
EBITDA · FY 2025
₹1.54 Cr
EBITDA margin 34.3%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.75 Cr
Issued & subscribed
Company age
26 yrs
Est. 2000
Employees · EPFO
46
Provident fund records
Directors on board
5
As per MCA filings
About Manappuram Chits( India )Limited
Data last updated:
Manappuram Chits( India )Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 July 2000 and has been in existence for over 26 years.
Its director VP Nandakumar is #236 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2000PLC009437. Its GSTIN is 32AADCM1593J1ZH (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.75 Cr. It is led by directors including Ravy Gangadharan Kodappully (Managing Director) and Jyothy Prasannan.
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 Coimbatore, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 23.5%) and EBITDA of ₹1.54 Cr (EBITDA margin 34.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 12% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manappuram Chits. Court records list 1,830 cases involving the company, including 1,813 filed by the company and 17 filed against it; 425 cases are pending. The company has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in September 2017. Its 7 peer companies in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Pinninti Chitfunds Private Limited with revenue of ₹4.58 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manappuramchits.com.
Company details
CIN U65992TZ2000PLC009437
Registration Number 009437
Incorporation Date 21 July 2000
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Ravy Gangadharan Kodappully Managing Director Jyothy Prasannan Director Vazhappully Padmanabhan Nandakumar Director Recognitions & Rankings of Manappuram Chits( India )
Contact details
Manappuram Chits( India )Limited's registered office is in Coimbatore, Tamil Nadu. Its website is manappuramchits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressNo: 74 Ground Floor Ward No: 52 N G Narayanaswamy Street New Siddhapudu, R, Coimbatore, Tamil Nadu, India – 641044
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Manappuram Chits( India )Limited, buy the company report.
Comprehensive company report
Manappuram Chits( India )Limited - one report that includes everything
- 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
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Brands
Manappuram Chits( India ) operates one associated brand: Manappuram Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers chit fund schemes and online financial solutions for savings and loans. | manappuramchits.com |
Business activity
The main business activity of Manappuram Chits( India ) 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 Manappuram Chits( India )Limited, buy the company report.
Financials of Manappuram Chits( India )Limited
FY 2024 filings availableManappuram Chits( India )Limited reported revenue of ₹4.51 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹4.51 Cr ▲ 37%
Net profit · FY 2025
₹1.06 Cr margin 23.5%
EBITDA · FY 2025
₹1.54 Cr margin 34.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 28%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▲ 62%
5 years · compounded
▲ 88%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 37% growth 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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| Total Expenses | |||||
| EBITDA | ₹1.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.3% | ||||
| Net Profit Margin | 23.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manappuram Chits( India )Limited, buy the company report.
Board of directors of Manappuram Chits( India )Limited
Manappuram Chits( India ) has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravy Gangadharan Kodappully | Managing Director | 01 Mar 2012 | 14 Years 7 Months | Current |
| Jyothy Prasannan Also directs: Manappuram Jewellers Limited., Manappuram Asset Finance Limited, Manappuram Chits (Karnataka) Private Limited and 2 more | Director | 09 Sep 2002 | 24 Years 1 Months | Current |
| Vazhappully Padmanabhan Nandakumar | Director | 25 Aug 2016 | 10 Years 2 Months | Current |
| Arimboor Chakkunny George | Director | 27 Oct 2012 | 14 Years 0 Months | Current |
| Govindan Kunnummal | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Manappuram Chits( India )Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Pinninti Chitfunds Private Limited | ₹4.58 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| K C F Chit Funds Private Limited | ₹4.55 Cr (FY 2024) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Bhagavathi Chits Private Limited | ₹4.53 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Aranmula Chit Funds Private Limited | ₹4.51 Cr (FY 2025) | 11.0% | Kozhencherry, Kerala, India | |||
| Manappuram Chits( India )Limitedthis company | ₹4.51 Cr (FY 2025) | ₹1.06 Cr | 23.5% | 37.0% | 46 | Coimbatore, Tamil Nadu, India |
| Attur Thuluva Velalar Sangam Chit Funds Private Limited | ₹4.48 Cr (FY 2025) | 3.0% | Attur, Tamil Nadu, India | |||
| Royal Rao Balaji Micro Finance Foundation | ₹4.4 Cr (FY 2025) | 158.0% | Jaipur, Rajasthan, India | |||
| Thangalakshmi Chit Funds Private Limited | ₹4.39 Cr (FY 2025) | 13.0% | Pollachi, Tamil Nadu, India |
To see the full peer comparison of Manappuram Chits( India )Limited, buy the company report.
Auditor
Manappuram Chits( India )Limited is audited by Mohandas & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Associates | FY 2023 | 02116S |
Shareholding
The shareholding of Manappuram Chits( India )Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manappuram Chits( India )Limited, buy the company report.
Deals & funding
Manappuram Chits( India )Limited has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in September 2017.
Total deals
14
Secondary share transfers
9
Funding rounds
5
Disclosed funding
₹4.9 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Manappuram Chits( India )Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manappuram Chits( India )Limited has 1,830 court cases on record: 1,813 filed by Manappuram Chits( India ), 17 filed against it. 425 cases are pending and 1,405 are disposed.
Total cases
1,830
Filed by the company
1,813
Filed against the company
17
Pending
425
Disposed
1,405
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,803 | 14 | 413 |
| High courts | 27 | 3 | 12 |
Cases on record (5 of 1,830)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Manappuram Chits( India )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 Manappuram Chits( India )Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manappuram Chits( India )Limited has a workforce of 46 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-16.36%
GST
Manappuram Chits( India ) has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCM1593J1ZH | Kerala | Active | 01 Jul 2017 |
| 33AADCM1593J1ZF | Tamil Nadu | Active | 01 Jul 2017 |
| 32AADCM1593J2ZG | Kerala | Active | 01 May 2025 |
To see the full GST registrations and return filing status of Manappuram Chits( India )Limited, buy the company report.
Recent activity
Manappuram Chits( India )Limited has 19 board changes on record since 2000: 12 appointments and 7 cessations. The latest: Vazhappully Padmanabhan Nandakumar was appointed as Director on 25 Aug 2016.
AGM
Manappuram Chits( India )Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Manappuram Chits( India )Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Vazhappully Padmanabhan Nandakumar was appointed as Director.
Appointed
Arimboor Chakkunny George was appointed as Director.
Ceased
Blangat Narayanan Raveendra Babu ceased to be Director.
Appointed
Ravy Gangadharan Kodappully was appointed as Managing Director.
Appointed
Govindan Kunnummal was appointed as Director.
Ceased
Sooraj Nandan Vazhapully ceased to be Director.
Ceased
Idicharam Veetil Unnikrishnan ceased to be Director.
Ceased
Manomohanan Pandat ceased to be Additional Director.
Ceased
Mohandas Kozhiparambil Kunhandy ceased to be Director.
Appointed
Sooraj Nandan Vazhapully was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Manappuram Chits( India ) is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 July 2000 (26+ years old) and is registered under CIN U65992TZ2000PLC009437.
Manappuram Chits( India ) has 5 current directors:
- Ravy Gangadharan Kodappully - Managing Director
- Jyothy Prasannan - Director
- Vazhappully Padmanabhan Nandakumar - Director
- Arimboor Chakkunny George - Director
- Govindan Kunnummal - Director
The latest financial statements of Manappuram Chits( India ) 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 2015 are in the company report.
The GSTIN of Manappuram Chits( India ) is 32AADCM1593J1ZH, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AADCM1593J1ZF (Tamil Nadu), 32AADCM1593J2ZG (Kerala).
The CIN (Corporate Identification Number) of Manappuram Chits( India ) is U65992TZ2000PLC009437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manappuram Chits( India ) has 1,830 court cases on record: 1,813 filed by the company and 17 filed against it. 425 are pending. Most are in the district courts.
Manappuram Chits( India ) was incorporated on 21 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Coimbatore.
Manappuram Chits( India ) has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in September 2017.
The peers of Manappuram Chits( India ) by revenue are Pinninti Chitfunds Private Limited, K C F Chit Funds Private Limited, Bhagavathi Chits Private Limited, Aranmula Chit Funds Private Limited, Attur Thuluva Velalar Sangam Chit Funds Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Vazhappully Padmanabhan Nandakumar was appointed as Director on 25 Aug 2016. Arimboor Chakkunny George was appointed as Director on 27 Oct 2012. Blangat Narayanan Raveendra Babu ceased to be Director on 01 Sep 2012. Manappuram Chits( India ) has 19 board changes on record in total.
Manappuram Chits( India ) can be reached through the website manappuramchits.com. Its registered office is in Coimbatore, Tamil Nadu, India.