Oruma Chits Private Limited.
About Oruma Chits Private Limited.
Data last updated:
Oruma Chits Private Limited. was a private limited company based in Ernakulam, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chit fund and microfinance segment of the financial services sector. It was incorporated on 27 March 2007.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PTC020557.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors including Kurian Joseph (Managing Director) and Mangalathu Vijayan Manoj.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at H.No. VII/417K Manjappra Road Ankamaly P.O., Ernakulam, Kerala, India – 683572.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.07 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹3.83 Lakh (net margin -63.2%) and EBITDA of -₹3.57 Lakh (EBITDA margin -58.8%).
Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it.
Company details
Contact details
Oruma Chits Private Limited.'s registered office is in Ernakulam, Kerala.
- Registered AddressH.No. VII/417K Manjappra Road Ankamaly P.O., Ernakulam, Kerala, India – 683572
- IndustryFinancial Services, Kuri Companies, Chit Fund, Other Financial Intermediation
- 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 Oruma Chits Private Limited 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 Oruma Chits Private Limited., buy the company report.
Financials of Oruma Chits Private Limited.
FY 2016 filings availableOruma Chits Private Limited. reported revenue of ₹6.07 Lakh (down 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹3.57 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.83 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -58.8% | |
| Net Profit Margin | -63.2% | |
| 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 Oruma Chits Private Limited., buy the company report.
Board of directors of Oruma Chits Private Limited.
Oruma Chits Private Limited has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangalathu Vijayan Manoj | Director | 27 Mar 2007 | 19 Years 7 Months | As last reported |
| Jayan Kallittankuzhy Kuttappan | Director | 27 Mar 2007 | 19 Years 7 Months | As last reported |
| Rajan Chathuppilly House Bhaskaran Nair | Director | 27 Mar 2007 | 19 Years 7 Months | As last reported |
| Kurian Joseph | Managing Director | 27 Mar 2007 | 19 Years 7 Months | As last reported |
| Payappilly Varkey Thomas | Director | 27 Mar 2007 | 19 Years 7 Months | As last reported |
Peer comparison
Oruma 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 |
|---|---|---|---|---|---|---|
| Rka Commercial Pvt. Ltd. | ₹6.08 Lakh (FY 2019) | 14.0% | Howrah, West Bengal, India | |||
| Kedia Fingrowth Private Limited | ₹6.08 Lakh (FY 2022) | -87.0% | Mumbai, Maharashtra, India | |||
| Vishal Steels Pvt Ltd | ₹6.08 Lakh (FY 2025) | 256.0% | Kolkata, West Bengal, India | |||
| Greephy Cyril Nidhi Limited | ₹6.07 Lakh (FY 2019) | Ernakulam, Kerala, India | ||||
| New Krishnasopanam Kuries (Aranattukara) Private Limited | ₹6.07 Lakh (FY 2017) | -33.0% | Thrissur, Kerala, India | |||
| Oruma Chits Private Limited.this company | ₹6.07 Lakh (FY 2016) | -₹3.83 Lakh | -63.2% | -44.0% | Ernakulam, Kerala, India | |
| Balaji Recovery Management Private Limited | ₹6.07 Lakh (FY 2025) | -32.0% | New Delhi, Delhi, India | |||
| Focus Credit Management India Private Limited | ₹6.07 Lakh (FY 2025) | 21.0% | Hyderabad, Telangana, India | |||
| K L N Holdings Private Limited | ₹6.05 Lakh (FY 2025) | 35.0% | Hills Hyderabad, Telangana, India | |||
| Dhanu Chit Funds Private Limited | ₹6.05 Lakh (FY 2024) | 17.0% | Chennai, Tamil Nadu, India | |||
| Morphs India Nidhi Limited | ₹6.05 Lakh (FY 2025) | -32.0% | Fulsunga, Uttarakhand, India |
To see the full peer comparison of Oruma Chits Private Limited., buy the company report.
Legal cases
Oruma Chits Private Limited. has 10 court cases on record: 8 filed by Oruma Chits Private Limited, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Oruma 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 Oruma 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 Oruma Chits Private Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oruma Chits Private Limited. has 13 board changes on record since 2007: 5 appointments and 8 cessations. The latest: Vettaka Kunjavara Paulose ceased to be Director on 21 Mar 2011.
4 earlier events are in the company report.
Frequently asked questions
Oruma Chits Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Oruma Chits Private Limited was a private limited company based in Ernakulam, Kerala, India. The company worked in kuri companies, within the financial services industry. It was incorporated on 27 March 2007 and is registered under CIN U65992KL2007PTC020557. The company has been struck off by the Registrar of Companies and is no longer operational.
Oruma Chits Private Limited had 5 directors:
- Kurian Joseph - Managing Director
- Mangalathu Vijayan Manoj - Director
- Jayan Kallittankuzhy Kuttappan - Director
- Rajan Chathuppilly House Bhaskaran Nair - Director
- Payappilly Varkey Thomas - Director
The CIN (Corporate Identification Number) of Oruma Chits Private Limited is U65992KL2007PTC020557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Oruma Chits Private Limited is at H.No. VII417K Manjappra Road Ankamaly P.O., Ernakulam, Kerala, India – 683572.
Oruma Chits Private Limited was incorporated on 27 March 2007. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Oruma Chits Private Limited on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Oruma Chits Private Limited operated in the financial services industry, in the kuri companies segment. It worked in this industry before it was struck off.
The peers of Oruma Chits Private Limited by revenue are Rka Commercial Pvt. Ltd, Kedia Fingrowth Private Limited, Vishal Steels Pvt Ltd, Greephy Cyril Nidhi Limited, New Krishnasopanam Kuries (Aranattukara) Private Limited and 5 more, all in the same principal business activity (other financial activities).
Oruma Chits Private Limited has 10 court cases on record: 8 filed by the company and 2 filed against it.
Vettaka Kunjavara Paulose ceased to be Director on 21 Mar 2011. Shiny Thomas ceased to be Director on 21 Jan 2011. John Pynadath Varkey ceased to be Director on 21 Jun 2010. Oruma Chits Private Limited has 13 board changes on record in total.