Palamoottil Chits Private Limited
About Palamoottil Chits Private Limited
Data last updated:
Palamoottil Chits Private Limited was a private limited company based in Punalur, 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 financial services and investment segment of the financial services sector. It was incorporated on 04 September 2014.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC037219.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Anuraj Geetha Rajagopalannair and Rajagopalan Nair Krishnapillai.
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 138 Karthika Bhavan 7 Sasthamkonam, Punalur, Kerala, India – 691305.
As per the financials filed for FY 2016, the company reported a revenue of ₹3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20,885 (net margin 7%) and EBITDA of ₹40,630 (EBITDA margin 13.5%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address138 Karthika Bhavan 7 Sasthamkonam, Punalur, Kerala, India – 691305
- IndustryFinancial Services, Financial Activities
- 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 Palamoottil Chits Private Limited
The main business activity of Palamoottil 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 Palamoottil Chits Private Limited FY 2016 filings available
Palamoottil Chits Private Limited reported revenue of ₹3 Lakh (up 3425% YoY) for FY 2016.
Financial Statement Summary of Palamoottil Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹3 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹40,630 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹20,885 | •••• |
| 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 Palamoottil Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.5% | •••• |
| Net Profit Margin | 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 Palamoottil Chits are in the company report.
Financial statements from 2015
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 Palamoottil Chits Private Limited
Palamoottil Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palamoottil Chits Private Limited this company | ₹3 Lakh (FY 2016) | •••• | •••• | 3425.0% | •••• | Punalur, Kerala, India |
| Yash Kuber Nidhi Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 19900.0% | •••• | Bareilly, Uttar Pradesh, India |
| Allthemore Chit Funds Private Limited | ₹3 Lakh (FY 2017) | •••• | •••• | 743.0% | •••• | Coimbatore, Tamil Nadu, India |
| Shreeram Vinimay Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Kiran Securities Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| TVR Investments Pvt Ltd | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Sudeepaa Chits (Kakatiya) Private Limited | ₹3 Lakh (FY 2020) | •••• | •••• | 597.0% | •••• | Warangal, Telangana, India |
| Z.A. Nidhi Limited | ₹2.99 Lakh (FY 2024) | •••• | •••• | 49.0% | •••• | Pratapgarh, Uttar Pradesh, India |
| Starking Travel Private Limited | ₹2.99 Lakh (FY 2025) | •••• | •••• | 350.0% | •••• | New Delhi, Delhi, India |
| Adwait Nidhi Limited | ₹2.99 Lakh (FY 2021) | •••• | •••• | -47.0% | •••• | Dahod, Gujarat, India |
| MH Credit and Finance Private Limited | ₹2.99 Lakh (FY 2025) | •••• | •••• | 464.0% | •••• | Siddharthnagar, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Palamoottil Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Palamoottil Chits Private Limited
Palamoottil Chits Private Limited is audited by MAQBOOLSHAH&Co for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAQBOOLSHAH&Co | 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 Palamoottil Chits Private Limited
Palamoottil Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuraj Geetha Rajagopalannair | Director | 04 Sep 2014 | 12 Years 1 Months | As last reported |
| Rajagopalan Nair Krishnapillai | Director | 04 Sep 2014 | 12 Years 1 Months | As last reported |
Ownership and Shareholding of Palamoottil 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 Palamoottil Chits Private Limited
Palamoottil Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palamoottil Chits Private Limited
Employment history and EPFO contributions of people linked to Palamoottil 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 Palamoottil Chits Private Limited
Palamoottil Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Anuraj Geetha Rajagopalannair was appointed as Director on 04 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Palamoottil 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 Palamoottil 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 Palamoottil 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 Palamoottil Chits Private Limited
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 Palamoottil 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 Palamoottil Chits Private Limited
Palamoottil Chits 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.
Palamoottil Chits was a private limited company based in Punalur, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 04 September 2014 and is registered under CIN U65992KL2014PTC037219. The company has been struck off by the Registrar of Companies and is no longer operational.
Palamoottil Chits had 2 directors:
- Anuraj Geetha Rajagopalannair - Director
- Rajagopalan Nair Krishnapillai - Director
The CIN (Corporate Identification Number) of Palamoottil Chits is U65992KL2014PTC037219. 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 Palamoottil Chits is at 138 Karthika Bhavan 7 Sasthamkonam, Punalur, Kerala, India – 691305.
Palamoottil Chits was incorporated on 04 September 2014. It is registered with the Registrar of Companies, Ernakulam.
Palamoottil Chits reported revenue of ₹3 Lakh for FY 2016 (up 3425% YoY).
Palamoottil Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Palamoottil Chits reported a net profit of ₹20,885 (net margin 7%) and EBITDA of ₹40,630 (EBITDA margin 13.5%) for FY 2016, as per its filed financial statements.
Palamoottil Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
No. Palamoottil Chits is not listed on any stock exchange. It is an unlisted company.