Palatty Millennium Chits Limited - Company Profile

It is a financial services public limited company based in Ernakulam, Kerala, India, established in 2000.
2000 Ernakulam, Kerala, India Active
Last Updated:
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About Palatty Millennium Chits Limited

Palatty Millennium Chits Limited, a active public limited company, was established on 15 December 2000 in Ernakulam, Kerala, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KL2000PLC014412. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.26 M.

It upholds a compliant status. Its leadership includes Jose Palatty Hormise (Managing Director), Joyson Palatty Paul (Director), Mathew Hormis (Director). Past directors included Jose Palatty Hormise, Jose Palatty Mathew, Palatty Pali George. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Door No 1/443 (423G), Edassery Building Railway Junction Road, Karukutty, Ernakulam, Kerala, 683576.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KL2000PLC014412

  • Registration Number

    014412

  • Incorporation Date

    15 December 2000

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.26 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.26 M
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 18.09%
  • Profit Growth **** 55.56%
  • Ebitda **** 3.97%
  • Net Worth 2.16%
  • Total Assets **** 20.86%
Company report

Palatty Millennium Chits Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palatty Millennium Chits Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palatty Millennium Chits Limited?
Current Directors
Name Designation Appointment Date Status
Jose Palatty Hormise Managing Director 01 Jun 2002 Current
Joyson Palatty Paul Director 18 Oct 2019 Current
Mathew Hormis Director 29 Sep 2018 Current
Palatty Varghese John Director 15 Dec 2000 Current
Jijo Thomas Director 30 Sep 2013 Current
Prakash Palatty Joseph Director 29 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 28 Sep 2018 Past
Pramod Abcsdd Director 30 Sep 2013 Past
Pramod Abcsdd Director 05 Aug 2018 Past
Pramod Abcsdd Director 30 Sep 2013 Past
Pramod Abcsdd Director 27 Apr 2017 Past
Pramod Abcsdd Director 05 Feb 2010 Past

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Financial Performance of Palatty Millennium Chits.

Palatty Millennium Chits Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 18.09% increase. The company also saw a substantial improvement in profitability, with a 55.56% increase in profit. The company's net worth moved up by a moderate rise of 2.16%.

Palatty Millennium Chits revenue growth over time
Palatty Millennium Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 18.09%
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*******
*******
*******
Revenue from Operations
*******
 20.53%
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*******
*******
Total Assets
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 20.86%
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*******
*******
*******
Profit or Loss
*******
 55.56%
*******
*******
*******
*******
Net Worth
*******
 2.16%
*******
*******
*******
*******
EBITDA
*******
 3.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palatty Millennium Chits?

In 2017, Palatty Millennium Chits had a promoter holding of 30.54% and a public holding of 69.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Palatty Millennium Chits?

Unlock and access historical data on people associated with Palatty Millennium Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palatty Millennium Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palatty Millennium Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Palatty Millennium Chits
Recent Activity within the Organization
  • Annual General Meeting

    Palatty Millennium Chits Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Palatty Millennium Chits Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was documented.

  • Director Appointment

    Progress on Joyson Palatty Paul was appointed as a Director was appointed as a Director on 18 Oct 2019 & has been associated with this company since 6 years 4 months . was documented.

  • Director Appointment

    Mathew Hormis was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 7 years 4 months . was recorded as a recent event.

  • Director Appointment

    Prakash Palatty Joseph was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 7 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Jijo Thomas was appointed as a Director was appointed as a Director on 30 Sep 2013 & has been associated with this company since 12 years 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Palatty Millennium Chits Limited?

The CIN of Palatty Millennium Chits Limited is U65992KL2000PLC014412.

Where is Palatty Millennium Chits Limited headquartered?

Palatty Millennium Chits Limited is headquartered at Door No 1/443 (423G), Edassery Building Railway Junction Road, Karukutty, Ernakulam, Kerala, 683576.

When was Palatty Millennium Chits Limited incorporated?

Palatty Millennium Chits Limited was incorporated on 15 December 2000.

Who are the current directors of Palatty Millennium Chits Limited?

The current directors of Palatty Millennium Chits Limited are

What is the primary industry of Palatty Millennium Chits Limited?

The primary industry of Palatty Millennium Chits Limited is Financial And Insurance Service.

Is Palatty Millennium Chits Limited a listed company?

Palatty Millennium Chits Limited is unlisted.

What is the capital structure of Palatty Millennium Chits Limited?

The authorized capital of Palatty Millennium Chits Limited is ₹1.00 Cr, and the paid-up capital is ₹9.26 M.

What is the compliance status of Palatty Millennium Chits Limited?

The compliance status of Palatty Millennium Chits Limited is Compliant.

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