Palma Chits Limited
About Palma Chits Limited
Data last updated: 12 March 2026
Palma Chits Limited is a public limited company based in Kanjiracode, Tamil Nadu, India. It specialises in financial services and investment, a part of the broader financial services sector. Incorporated on 22 August 2016, the company has been in operation for over 10 years.
Registered with ROC Chennai under CIN U65999TN2016PLC112095.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.24 Lakh. It is led by directors including Dennis Thasian and Thangammal Kumaran Nadar Chellan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 14 – 26/1 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.06 Lakh, a growth of 17% compared to the previous year.
The current compliance status is marked as compliant by the Registrar of Companies.
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Email*****@*****.com
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Telephone+91-****-******
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Website**************
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Social Media**************
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Registered Address14 – 26/1 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155
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IndustryFinancial Services, Financial Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Palma Chits Limited
Palma Chits Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 | ********* |
Auditor Details of Palma Chits Limited
Palma Chits Limited is audited by AROCKIASAMY & RAJ for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AROCKIASAMY & RAJ | blur-value | blur-value | blur-value |
Board of Directors of Palma Chits Limited
Palma Chits Limited is currently managed by 4 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dennis Thasian | Director | 10 Jan 2020 | 6 Years 6 Months | Current |
| Thangammal Kumaran Nadar Chellan | Director | 22 Aug 2016 | 9 Years 10 Months | Current |
| Rajayan Jothivimalabai | Managing Director | 10 Jul 2017 | 9 Years 0 Months | Current |
|
Jason Sylus Nirmal Petrow
Also directs:
Palma Rural Merchandise Private Limited
|
Director | 10 Jul 2017 | 9 Years 0 Months | Current |
Financials of Palma Chits Limited FY 2025 filings available
Palma Chits Limited reported revenue of ₹94.06 Lakh (up 17% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
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| ROE % | ***** | ***** | ***** | ***** | ***** |
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| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Palma Chits Limited
As of FY 2017, Palma Chits Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Palma Chits Limited
Palma Chits Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palma Chits Limited
View historical data on people associated with Palma Chits Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Palma Chits Limited
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GST Compliance of Palma Chits Limited
GSTIN & GST Filing Data of Palma Chits Limited
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Credit Ratings, Litigation & Regulatory Alerts for Palma Chits Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Palma Chits Limited
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MSME Payment Delays by Palma Chits Limited
MSME Payment Delays by Palma Chits Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Palma Chits Limited
Subsidiaries & Group Companies of Palma Chits Limited
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MCA Filings & Documents of Palma Chits Limited
MCA Filings & Documents of Palma Chits Limited
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Recent Activity on Palma Chits Limited
Frequently Asked Questions about Palma Chits Limited
Palma Chits Limited is an active public limited company in the financial services sector based in Kanjiracode, Tamil Nadu, India. It was incorporated on 22 August 2016 (10+ years old) and is registered under CIN U65999TN2016PLC112095.
Palma Chits Limited reported revenue of ₹94.06 Lakh for FY 2025 (up 17.00% YoY).
The current directors of Palma Chits Limited are:
The primary industry of Palma Chits Limited is financial services. The company specifically operates in financial activities. The company is currently active in this sector.
Palma Chits Limited can be reached at the registered office: 14 – 261 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹80.24 Lakh.