Niramala Chits Private Limited
About Niramala Chits Private Limited
Data last updated:
Niramala Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PTC020414.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.25 Lakh. It is led by directors including Bidesh (Managing Director) and Sivakumar Pattathil Balakrishnan.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at II/207 E Vaishnavagram Building Mahavishnutemple P O Anandapuram Mukundapuram Taluk, Thrissur, Kerala, India – 680323.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.33 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹3,741 (net margin 0.9%) and EBITDA of ₹36,074 (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 20% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Niramala Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressII/207 E Vaishnavagram Building Mahavishnutemple P O Anandapuram Mukundapuram Taluk, Thrissur, Kerala, India – 680323
- IndustryFinancial Services, Financial Activities
To see the full contact details of Niramala 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
Business activity
The main business activity of Niramala 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 Niramala Chits Private Limited, buy the company report.
Financials of Niramala Chits Private Limited
FY 2025 filings availableNiramala Chits Private Limited reported revenue of ₹4.33 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 42% fall in the latest year. EBITDA rose 17% 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 | ₹36,074 | ||||
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| Net Profit (PAT) | ₹3,741 | ||||
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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 | 8.3% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Niramala Chits Private Limited, buy the company report.
Board of directors of Niramala Chits Private Limited
Niramala Chits has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bidesh Also directs: Deepamala Kuries (Kerala) Private Limited | Managing Director | 26 Jun 2010 | 16 Years 4 Months | Current |
| Sivakumar Pattathil Balakrishnan | Director | 12 Sep 2020 | 6 Years 1 Months | Current |
| Pareekshith Vellayath Also directs: Deepamala Kuries (Kerala) Private Limited | Director | 24 Sep 2022 | 4 Years 1 Months | Current |
| Praveen Paul Mangalam | Director | 25 Jul 2015 | 11 Years 3 Months | Current |
| Kollery Sreevidya Also directs: Deepamala Kuries (Kerala) Private Limited | Director | 27 Jul 2013 | 13 Years 3 Months | Current |
| Kozhipra Sajesh Kumar Also directs: Deepamala Kuries (Kerala) Private Limited, Harit Sakti-I Private Limited, Numbers Business Technology Private Limited and 1 more | Director | 23 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Niramala 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 |
|---|---|---|---|---|---|---|
| Ask Nidhi Limited | ₹4.34 Lakh (FY 2019) | Thrissur, Kerala, India | ||||
| Ujjawal Micro Credit | ₹4.33 Lakh (FY 2023) | 2.0% | Varanasi, Uttar Pradesh, India | |||
| Gardencity Tradefin Services Private Limited | ₹4.33 Lakh (FY 2020) | -87.0% | Guwahati, Assam, India | |||
| Mahogany Enterprises Private Limited | ₹4.33 Lakh (FY 2025) | -77.0% | Kolkata, West Bengal, India | |||
| Alpha Chits Private Limited | ₹4.33 Lakh (FY 2024) | 12.0% | Salem, Tamil Nadu, India | |||
| Niramala Chits Private Limitedthis company | ₹4.33 Lakh (FY 2025) | ₹3,741 | 0.9% | -42.0% | Thrissur, Kerala, India | |
| Tarpl Nidhi Limited | ₹4.33 Lakh (FY 2022) | -23.0% | Kiratpur Road, Uttar Pradesh, India | |||
| Vaishali Gramin Vikash Nidhi Limited | ₹4.33 Lakh (FY 2022) | -7.0% | Vaishali, Bihar, India | |||
| Santosh Finserv Private Limited | ₹4.33 Lakh (FY 2024) | 0.0% | Ludhiana, Punjab, India | |||
| Godham Mutual Nidhi Limited | ₹4.32 Lakh (FY 2021) | -50.0% | Naugarh, Uttar Pradesh, India | |||
| Stenly Credit Capital Limited | ₹4.32 Lakh (FY 2025) | 37.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Niramala Chits Private Limited, buy the company report.
Auditor
Niramala Chits Private Limited is audited by UNNIKRISHNANANDCO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UNNIKRISHNANANDCO | FY 2017 | 004460S |
Shareholding
The shareholding of Niramala Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Niramala Chits Private Limited, buy the company report.
Legal cases
Niramala Chits Private Limited has 1 court case on record: 1 filed by Niramala 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 | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Niramala 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 Niramala 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 Niramala Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Niramala Chits Private Limited has 21 board changes on record since 2007: 9 appointments and 12 cessations. The latest: Pareekshith Vellayath was appointed as Director on 24 Sep 2022.
12 earlier events are in the company report.
Frequently asked questions
Niramala Chits is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U65992KL2007PTC020414.
Niramala Chits has 9 current directors:
- Bidesh - Managing Director
- Sivakumar Pattathil Balakrishnan - Director
- Pareekshith Vellayath - Director
- Praveen Paul Mangalam - Director
- Kollery Sreevidya - Director
- Kozhipra Sajesh Kumar - Director
- Sreenivasan - Director
- Kallikadavil Prabhakaran Pradeepkumar - Director
- Manalath Ravindran - Director
The latest financial statements of Niramala Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Niramala Chits is U65992KL2007PTC020414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niramala Chits has 1 court case on record: 1 filed by the company.
Niramala Chits was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Niramala Chits by revenue are Ask Nidhi Limited, Ujjawal Micro Credit, Gardencity Tradefin Services Private Limited, Mahogany Enterprises Private Limited, Alpha Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Pareekshith Vellayath was appointed as Director on 24 Sep 2022. Vellayath Krishnan Nair Radhakrishnan ceased to be Managing Director on 24 Sep 2022. Praveen Paul Mangalam ceased to be Director on 23 Sep 2022. Niramala Chits has 21 board changes on record in total.
The registered office of Niramala Chits is at II207 E Vaishnavagram Building Mahavishnutemple P O Anandapuram Mukundapuram Taluk, Thrissur, Kerala, India – 680323.
Niramala Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Niramala Chits is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
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