About Maxvalue Chits Private Limited
Data last updated:
Maxvalue Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 14 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PTC049451. Its GSTIN is 32AALCM1358F1ZN (Kerala).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Chirayath Paulson Varkey and Gireesh Kumarapanicker.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thrissur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.42 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Lakh (net margin -20.7%) and EBITDA of -₹1.73 Lakh (EBITDA margin -18.4%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 36% over five years.
The company is associated with 1 brand: Max Value Chits Private Limited. Court records list 38 cases involving the company, including 38 filed by the company; 18 cases are pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in December 2017. Its 10 peer companies in the BFSI industry (Micro Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Saharai Benefit Fund Nidhi Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxvaluechits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFirst Floor No. 34/322 – 9, Vazhapilly Tower Sakthan Nagar Near Sun Medical Centre, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Maxvalue Chits Private Limited
The main business activity of Maxvalue Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maxvalue Chits Private Limited FY 2025 filings available
Maxvalue Chits Private Limited reported revenue of ₹9.42 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maxvalue Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 11% fall in the latest year. EBITDA fell 331% 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 of Maxvalue Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.95 Lakh | •••• | •••• | •••• | •••• |
| 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 of Maxvalue Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maxvalue Chits are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maxvalue Chits Private Limited
Maxvalue Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saharai Benefit Fund Nidhi Limited | •••• | •••• | •••• | •••• | - | Birbhum, West Bengal, India |
| Chamakura Chitfunds Private Limited | •••• | •••• | •••• | •••• | - | Medipally, Telangana, India |
| Sarvadhaaram Nidhi Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Belaku Chits Private Limited | •••• | •••• | •••• | •••• | - | Chamundi Puram, Mysore, Karnataka, India |
| Decent Nidhi Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Maxvalue Chits Private Limited this company | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Veekshanam Chits Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Whiteflower Chits Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Boby Chemmanur (No.1) Chits Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Kodish Nidhi Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Lakshmiganapathi Chits Private Limited | •••• | •••• | •••• | •••• | - | Suryapet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Maxvalue Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Maxvalue Chits Private Limited
Maxvalue Chits Private Limited is audited by VASAN & WALES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASAN & WALES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maxvalue Chits Private Limited
Maxvalue Chits has 10 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirayath Paulson Varkey Also directs: Maxvalue Property Services LLP, Max-Value Construction Services LLP, Maxvalue Nidhi Limited and 5 more | Director | 14 Jun 2017 | 9 Years 3 Months | Current |
| Gireesh Kumarapanicker Also directs: Maxvalue Property Services LLP, Melker Premium LLP, Max-Value Construction Services LLP and 5 more | Director | 14 Jun 2017 | 9 Years 3 Months | Current |
| Sujatha Cherukuttery Also directs: Southern Aqua Farming Private Limited | Director | 14 Jun 2017 | 9 Years 3 Months | Current |
| Smithamol | Director | 14 Jun 2017 | 9 Years 3 Months | Current |
| Roy Johnson Vellanaikkaran Also directs: Maxvalue Nidhi Limited, Maxvalue Credits and Investments Limited, Maxvalue Consultancy Services Private Limited and 3 more | Director | 02 Feb 2018 | 8 Years 8 Months | Current |
| Christo George Also directs: Maxvalue Nidhi Limited, Maxvalue Credits and Investments Limited, Maxvalue Consultancy Services Private Limited and 5 more | Director | 02 Feb 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Maxvalue Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maxvalue Chits Private Limited
Maxvalue Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Maxvalue Chits Private Limited
Maxvalue Chits Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in December 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Jul 2017 | Funding round | ₹1.05 Cr | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maxvalue Chits Private Limited
Maxvalue Chits Private Limited has 38 court cases on record: 38 filed by Maxvalue Chits. 18 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 0 | 18 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
Full case history
All 38 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maxvalue Chits Private Limited
Maxvalue Chits operates one associated brand: Max Value Chits Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund operations and financial services in Kerala. | maxvaluechits.com |
Employees and EPFO Compliance at Maxvalue Chits Private Limited
Employment history and EPFO contributions of people linked to Maxvalue Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maxvalue Chits Private Limited
Maxvalue Chits Private Limited has 12 board changes on record since 2017: 11 appointments and 1 cessation. The latest: Sureshkumar Kalarikkal Chandrasekharan ceased to be Director on 11 Mar 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxvalue Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maxvalue Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maxvalue Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maxvalue Chits Private Limited
Maxvalue Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCM1358F1ZN | Kerala | Active | 13 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maxvalue Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maxvalue Chits Private Limited
Maxvalue Chits is an active private limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 14 June 2017 (9+ years old) and is registered under CIN U65999KL2017PTC049451.
Maxvalue Chits reported revenue of ₹9.42 Lakh for FY 2025 (down 11% YoY).
Maxvalue Chits has 10 current directors:
- Chirayath Paulson Varkey - Director
- Gireesh Kumarapanicker - Director
- Sujatha Cherukuttery - Director
- Smithamol - Director
- Roy Johnson Vellanaikkaran - Director
- Christo George - Director
- Vellamparambil Raman Manoj - Director
- Raman Karumanthra Prathapan - Director
- Kottarath Nandakumar - Director
- Valakadavil Krishnan Gopinathan - Director
Maxvalue Chits reported a net loss of ₹1.95 Lakh (net margin -20.7%) and EBITDA of -₹1.73 Lakh (EBITDA margin -18.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxvalue Chits is -49% over three years and -36% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxvalue Chits is 32AALCM1358F1ZN, registered in Kerala.
The CIN (Corporate Identification Number) of Maxvalue Chits is U65999KL2017PTC049451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxvalue Chits has 38 court cases on record: 38 filed by the company. 18 are pending.
Maxvalue Chits was incorporated on 14 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Maxvalue Chits has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in December 2017.
The peers of Maxvalue Chits by revenue are Saharai Benefit Fund Nidhi Limited, Chamakura Chitfunds Private Limited, Sarvadhaaram Nidhi Limited, Belaku Chits Private Limited, Decent Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).