Rain Drops Chits Private Limited
About Rain Drops Chits Private Limited
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Rain Drops Chits Private Limited is a private limited company based in S Ukkadam, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020964. Its GSTIN is 33AAHCR1401J1ZR (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Madaparambil Mani Varghese (Managing Director) and Parackal Sebastian Jose.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S Ukkadam, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.61 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.52 Lakh (net margin -96.5%) and EBITDA of -₹2.5 Lakh (EBITDA margin -95.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rain Drops Chits Private Limited's registered office is in S Ukkadam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 167 Shop No. 9 Chidambaram Building Aringer Anna Nagar Sungam Bye – Pass Roa, D, S Ukkadam, Tamil Nadu, India – 641001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Rain Drops 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 Rain Drops 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 |
Financials of Rain Drops Chits Private Limited
FY 2025 filings availableRain Drops Chits Private Limited reported revenue of ₹2.61 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 42%. EBITDA fell 262% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.52 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -95.9% | ||||
| Net Profit Margin | -96.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Rain Drops Chits Private Limited, buy the company report.
Board of directors of Rain Drops Chits Private Limited
Rain Drops Chits has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parackal Sebastian Jose | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Sunil Koshy Zachariah Also directs: Bypass Kuries Private Limited, Futuristic Process Solutions Private Limited, Futuristic Wealth Private Limited and 3 more | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Madaparambil Mani Varghese Also directs: Alwaye Mercantile Credits Private Limited, Bypass Kuries Private Limited, Aluva Nidhi Limited and 1 more | Managing Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Pratheesh Iype | Director | 10 Dec 2022 | 3 Years 11 Months | Current |
| Dominic Mulavarikal Peter Also directs: Evershine Petroleum Private Limited, Alwaye Mercantile Credits Private Limited, Bypass Kuries Private Limited and 1 more | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Mathew Jose Also directs: Alwaye Mercantile Credits Private Limited, Bypass Kuries Private Limited, Aluva Nidhi Limited and 3 more | Director | 17 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Rain Drops 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 |
|---|---|---|---|---|---|---|
| Ettath Nidhi Limited | ₹2.61 Lakh (FY 2022) | -32.0% | Irinjalakuda, Kerala, India | |||
| Camelot Trading Private Limited | ₹2.61 Lakh (FY 2017) | -62.0% | Mumbai, Maharashtra, India | |||
| Magniphi Enterprises Private Limited | ₹2.61 Lakh (FY 2021) | -80.0% | Delhi, India | |||
| Jeevnodak India Nidhi Limited | ₹2.61 Lakh (FY 2021) | 86.0% | Bhore, Bihar, India | |||
| Marvli Nidhi Limited | ₹2.61 Lakh (FY 2021) | 1001.0% | Kolhapur, Maharashtra, India | |||
| Rain Drops Chits Private Limitedthis company | ₹2.61 Lakh (FY 2025) | -₹2.52 Lakh | -96.5% | 19.0% | S Ukkadam, Tamil Nadu, India | |
| Airavat Stewardship Private Limited | ₹2.61 Lakh (FY 2025) | -13.0% | Bengaluru, Karnataka, India | |||
| Aman Money Transfer Private Limited | ₹2.6 Lakh (FY 2017) | -8.0% | Bhopal, Madhya Pradesh, India | |||
| J. Kuthari Pvt. Ltd. | ₹2.6 Lakh (FY 2025) | -56.0% | Kolkata, West Bengal, India | |||
| Gunjan Holdings Private Limited | ₹2.6 Lakh (FY 2019) | -60.0% | Ahmedabad, Gujarat, India | |||
| Best Outcome Consultants Private Limited | ₹2.6 Lakh (FY 2024) | -54.0% | Delhi, India |
To see the full peer comparison of Rain Drops Chits Private Limited, buy the company report.
Auditor
Rain Drops Chits Private Limited is audited by P VENKITESWARAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P VENKITESWARAN | FY 2017 | 200694 |
Shareholding
The shareholding of Rain Drops 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 Rain Drops Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rain Drops 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 Rain Drops Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rain Drops Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCR1401J1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rain Drops Chits Private Limited, buy the company report.
Recent activity
Rain Drops Chits Private Limited has 13 board changes on record since 2014: 10 appointments and 3 cessations. The latest: Antony George Pattamana ceased to be Director on 09 Jan 2023.
4 earlier events are in the company report.
Frequently asked questions
Rain Drops Chits is an active private limited company based in S Ukkadam, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 December 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020964.
Rain Drops Chits has 7 current directors:
- Madaparambil Mani Varghese - Managing Director
- Parackal Sebastian Jose - Director
- Sunil Koshy Zachariah - Director
- Pratheesh Iype - Director
- Dominic Mulavarikal Peter - Director
- Mathew Jose - Director
- Boby Varghese - Director
The latest financial statements of Rain Drops Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rain Drops Chits is 33AAHCR1401J1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Rain Drops Chits is U65992TZ2014PTC020964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rain Drops Chits was incorporated on 17 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Rain Drops Chits by revenue are Ettath Nidhi Limited, Camelot Trading Private Limited, Magniphi Enterprises Private Limited, Jeevnodak India Nidhi Limited, Marvli Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Antony George Pattamana ceased to be Director on 09 Jan 2023. Chittilappilly Devassy Lonappan ceased to be Director on 10 Dec 2022. Pratheesh Iype was appointed as Director on 10 Dec 2022. Rain Drops Chits has 13 board changes on record in total.
The registered office of Rain Drops Chits is at Door No. 167 Shop No. 9 Chidambaram Building Aringer Anna Nagar Sungam Bye – Pass Roa, D, S Ukkadam, Tamil Nadu, India – 641001.
Rain Drops Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Rain Drops Chits is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
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