Reena Chits Private Limited
About Reena Chits Private Limited
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Reena Chits Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2021PTC070790. Its GSTIN is 32AALCR2671Q1ZT (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹32 Lakh. It is led by directors including Kootanal Chacko Jimmy (Managing Director) and Xavier James.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 13/15 T Koottanal Building Kadathumkadavu Iritty P O, Kannur, Kerala, India – 670703.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.35 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹64.06 Lakh (net margin 27.2%) and EBITDA of ₹90.34 Lakh (EBITDA margin 38.4%). Revenue has grown at a compounded annual rate (CAGR) of 218% over three years.
Court records list 13 cases involving the company, including 13 filed by the company; 11 cases are pending.
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- Registered AddressNo. 13/15 T Koottanal Building Kadathumkadavu Iritty P O, Kannur, Kerala, India – 670703
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Reena Chits Private Limited
The main business activity of Reena Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Reena Chits Private Limited FY 2025 filings available
Reena Chits Private Limited reported revenue of ₹2.35 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Reena Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 218% over three years, including 10% growth in the latest year. EBITDA fell 28% 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 of Reena Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹90.34 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.06 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Reena Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 38.4% | •••• | •••• | •••• |
| Net Profit Margin | 27.2% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Reena Chits are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Reena Chits Private Limited
Reena Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aviratha Chits Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Vyavsayi Bachat Evam Sakh Swamlambi Nidhi Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Makarajyothi Chits Private Limited | •••• | •••• | •••• | •••• | - | Mangalore, Karnataka, India |
| J.N. Chit Funds Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Trichy Sri Ambal Chit Fund Private Limited | •••• | •••• | •••• | •••• | - | Trichirapalli, Tamil Nadu, India |
| Reena Chits Private Limited this company | •••• | •••• | •••• | •••• | - | Kannur, Kerala, India |
| Sharan Welfare Foundation | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Bansalbandu Chitfund Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| SSS Chits India Private Limited | •••• | •••• | •••• | •••• | - | Salem, Tamil Nadu, India |
| Oriental Kuries Ltd | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Mauli Navnirman Sausar Nidhi Limited | •••• | •••• | •••• | •••• | - | Sausar, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Reena Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Reena Chits Private Limited
Reena Chits Private Limited is audited by Jacob & George for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jacob & George | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Reena Chits Private Limited
Reena Chits has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xavier James | Director | 08 Sep 2021 | 5 Years 0 Months | Current |
| Vineeth Thomas Also directs: Reena Heritage Private Limited | Director | 08 Sep 2021 | 5 Years 0 Months | Current |
| Vimal Thomas | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Kootanal Chacko Jimmy | Managing Director | 08 Sep 2021 | 5 Years 0 Months | Current |
| Thomas Chacko Koottanal | Director | 08 Sep 2021 | 5 Years 0 Months | Current |
| Charles James Also directs: Reena Engineers and Contractors Private Limited | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Reena Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Reena Chits Private Limited
Reena Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Reena Chits Private Limited
Reena Chits Private Limited has 13 court cases on record: 13 filed by Reena Chits. 11 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 11 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Reena Chits Private Limited
Reena Chits Private Limited has a workforce of 0 employees as of Mar 31, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Reena Chits Private Limited
Reena Chits Private Limited has 7 board changes on record since 2021: 7 appointments. The latest: Charles James was appointed as Director on 07 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Reena Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Reena Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Reena Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Reena Chits Private Limited
Reena Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCR2671Q1ZT | Kerala | Active | 24 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Reena Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Reena Chits Private Limited
Reena Chits is an active private limited company based in Kannur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 September 2021 (5+ years old) and is registered under CIN U65990KL2021PTC070790.
Reena Chits reported revenue of ₹2.35 Cr for FY 2025 (up 10% YoY).
Reena Chits has 7 current directors:
- Kootanal Chacko Jimmy - Managing Director
- Xavier James - Director
- Vineeth Thomas - Director
- Vimal Thomas - Director
- Thomas Chacko Koottanal - Director
- Charles James - Director
- Davis James - Director
Reena Chits reported a net profit of ₹64.06 Lakh (net margin 27.2%) and EBITDA of ₹90.34 Lakh (EBITDA margin 38.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reena Chits is 218% over three years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reena Chits is 32AALCR2671Q1ZT, registered in Kerala.
The CIN (Corporate Identification Number) of Reena Chits is U65990KL2021PTC070790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reena Chits has 13 court cases on record: 13 filed by the company. 11 are pending.
Reena Chits was incorporated on 08 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Reena Chits by revenue are Aviratha Chits Private Limited, Vyavsayi Bachat Evam Sakh Swamlambi Nidhi Limited, Makarajyothi Chits Private Limited, J.N. Chit Funds Private Limited, Trichy Sri Ambal Chit Fund Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Charles James was appointed as Director on 07 Oct 2021. Vimal Thomas was appointed as Director on 07 Oct 2021. Davis James was appointed as Director on 08 Sep 2021. Reena Chits has 7 board changes on record in total.