
Panamkunnil Chits Private Limited
About Panamkunnil Chits Private Limited
Data last updated:
Panamkunnil Chits Private Limited is a private limited company based in Kottarakara, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC033966.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Biju Cherian (Managing Director) and Binu Cherian.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Panamkunnil Building Valakom, Kottarakara, Kerala, India – 691532.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.37 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.92 Lakh (net margin 13.8%) and EBITDA of ₹5.51 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Panamkunnil Chits Private Limited's registered office is in Kottarakara, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPanamkunnil Building Valakom, Kottarakara, Kerala, India – 691532
- IndustryFinancial Services, Financial Activities, Trust, Other Financial Holding, Fund
To see the full contact details of Panamkunnil 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 Panamkunnil 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 Panamkunnil Chits Private Limited, buy the company report.
Financials of Panamkunnil Chits Private Limited
FY 2024 filings availablePanamkunnil Chits Private Limited reported revenue of ₹28.37 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 29% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.51 Lakh | ||||
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| Net Profit (PAT) | ₹3.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Panamkunnil Chits Private Limited, buy the company report.
Board of directors of Panamkunnil Chits Private Limited
Panamkunnil Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binu Cherian | Director | 30 Apr 2013 | 13 Years 6 Months | Current |
| Biju Cherian | Managing Director | 30 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Panamkunnil 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 |
|---|---|---|---|---|---|---|
| Shri Guhan Chit Funds Private Limited | ₹28.4 Lakh (FY 2023) | -32.0% | Tirukoilur, Tamil Nadu, India | |||
| Ganesh Agro Industries Private Ltd. | ₹28.4 Lakh (FY 2025) | 57.0% | New Delhi, Delhi, India | |||
| Lalima Finvest Private Limted | ₹28.4 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Koottungal Nidhi Limited | ₹28.4 Lakh (FY 2025) | -2.0% | Chavakkad, Kerala, India | |||
| Alieson Autodeal Private Limited | ₹28.37 Lakh (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Panamkunnil Chits Private Limitedthis company | ₹28.37 Lakh (FY 2024) | ₹3.92 Lakh | 13.8% | -11.0% | Kottarakara, Kerala, India | |
| Kodada Chit Funds Private Limited | ₹28.35 Lakh (FY 2024) | -31.0% | Kodad, Telangana, India | |||
| Magnum Trust Limited | ₹28.32 Lakh (FY 2016) | -9.0% | Ludhiana, Punjab, India | |||
| Vyapari Vyavasai Kuries Private Limited | ₹28.32 Lakh (FY 2025) | 18.0% | Thrissur, Kerala, India | |||
| Cochin Wellwisher Nidhi Limited | ₹28.3 Lakh (FY 2025) | 11.0% | Ernakulam, Kerala, India | |||
| Kandla Finance Limited | ₹28.3 Lakh (FY 2024) | 993.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of Panamkunnil Chits Private Limited, buy the company report.
Auditor
Panamkunnil Chits Private Limited is audited by THARIAN & IYPE for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THARIAN & IYPE | FY 2017 | 222340 |
Shareholding
The shareholding of Panamkunnil 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 Panamkunnil Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panamkunnil Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Panamkunnil 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 Panamkunnil Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Panamkunnil Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Biju Cherian was appointed as Managing Director on 30 Apr 2013.
Frequently asked questions
Panamkunnil Chits is an active private limited company based in Kottarakara, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U65992KL2013PTC033966.
Panamkunnil Chits has 2 current directors:
- Biju Cherian - Managing Director
- Binu Cherian - Director
The latest financial statements of Panamkunnil Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Panamkunnil Chits is U65992KL2013PTC033966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panamkunnil Chits was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Panamkunnil Chits by revenue are Shri Guhan Chit Funds Private Limited, Ganesh Agro Industries Private Ltd, Lalima Finvest Private Limted, Koottungal Nidhi Limited, Alieson Autodeal Private Limited and 5 more, all in the same principal business activity (other financial activities).
Biju Cherian was appointed as Managing Director on 30 Apr 2013. Binu Cherian was appointed as Director on 30 Apr 2013.
The registered office of Panamkunnil Chits is at Panamkunnil Building Valakom, Kottarakara, Kerala, India – 691532.
Panamkunnil Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Panamkunnil Chits is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
Panamkunnil Chits can be reached at its registered office: Panamkunnil Building Valakom, Kottarakara, Kerala, India – 691532.

