Prayanam Chits Private Limited
About Prayanam Chits Private Limited
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Prayanam Chits Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC036458.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Sivankutty Narayanan Nair (Managing Director) and Narayanan Nair Sathianathan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Aluva, Kerala.
As per the financials filed for FY 2019, the company reported a revenue of ₹3 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4,199 (net margin 1.4%) and EBITDA of ₹37,312 (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Prayanam Chits Private Limited's registered office is in Aluva, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address93E/VIII Vazhakulam Panchayath South Vazhakulam, P O, Aluva, Kerala, India – 683105
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prayanam 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 Prayanam 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 Prayanam Chits Private Limited, buy the company report.
Financials of Prayanam Chits Private Limited
FY 2019 filings availablePrayanam Chits Private Limited reported revenue of ₹3 Lakh (down 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 23% fall in the latest year. EBITDA fell 40% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹37,312 | ||||
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| Net Profit (PAT) | ₹4,199 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Prayanam Chits Private Limited, buy the company report.
Board of directors of Prayanam Chits Private Limited
Prayanam Chits has 9 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Nair Sathianathan | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Jayanthi | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Mundackal Achuthan Nalinakshan Nair | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Vazhappanalil Radhakrishnan Smitha | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Rethi | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Paraneswaran Nair Vengappillil Ajithkumar | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Prayanam Chits Private Limited is audited by BIJU AND COMPANY for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIJU AND COMPANY | FY 2015 | 013617S |
Shareholding
The shareholding of Prayanam 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 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prayanam Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prayanam 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 Prayanam 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 Prayanam Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prayanam Chits Private Limited has 9 board changes on record since 2014: 9 appointments. The latest: Jayanthi was appointed as Director on 19 Mar 2014.
Frequently asked questions
Prayanam Chits is an active private limited company based in Aluva, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 March 2014 (12+ years old) and is registered under CIN U65992KL2014PTC036458.
Prayanam Chits has 9 current directors:
- Sivankutty Narayanan Nair - Managing Director
- Narayanan Nair Sathianathan - Director
- Jayanthi - Director
- Mundackal Achuthan Nalinakshan Nair - Director
- Vazhappanalil Radhakrishnan Smitha - Director
- Rethi - Director
- Paraneswaran Nair Vengappillil Ajithkumar - Director
- Vappanalil Vasudev - Director
- Valsamma Prasad - Director
The latest financial statements of Prayanam Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prayanam Chits is U65992KL2014PTC036458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayanam Chits was incorporated on 19 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
Jayanthi was appointed as Director on 19 Mar 2014. Mundackal Achuthan Nalinakshan Nair was appointed as Director on 19 Mar 2014. Narayanan Nair Sathianathan was appointed as Director on 19 Mar 2014. Prayanam Chits has 9 board changes on record in total.
The registered office of Prayanam Chits is at 93EVIII Vazhakulam Panchayath South Vazhakulam, P O, Aluva, Kerala, India – 683105.
Prayanam Chits operates in the financial services industry, in the diversified financial services segment.
The compliance status of Prayanam Chits is active non-compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.
Prayanam Chits can be reached at its registered office: 93EVIII Vazhakulam Panchayath South Vazhakulam, P O, Aluva, Kerala, India – 683105.
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