Savannah Chits Private Limited
About Savannah Chits Private Limited
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Savannah Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC028773.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors including Vincent Chittilappilly Varu (Managing Director) and Babu Kannanaikal Porinchu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at City Castle Complex East Fort Junction, Thrissur, Kerala, India – 680005.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.86 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹11.04 Lakh (net margin -111.9%) and EBITDA of -₹11.03 Lakh (EBITDA margin -111.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 20% over five years.
Court records list 201 cases involving the company, including 199 filed by the company and 2 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Savannah Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressCity Castle Complex East Fort Junction, Thrissur, Kerala, India – 680005
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Savannah 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 Savannah 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 Savannah Chits Private Limited, buy the company report.
Financials of Savannah Chits Private Limited
FY 2022 filings availableSavannah Chits Private Limited reported revenue of ₹9.86 Lakh (down 69% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 69% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹11.03 Lakh | ||||
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| Net Profit (PAT) | -₹11.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -111.9% | ||||
| Net Profit Margin | -111.9% | ||||
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To see the full financial statements and ratios of Savannah Chits Private Limited, buy the company report.
Board of directors of Savannah Chits Private Limited
Savannah Chits has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vincent Chittilappilly Varu | Managing Director | 01 Jul 2011 | 15 Years 3 Months | Current |
| Babu Kannanaikal Porinchu | Director | 01 Jul 2011 | 15 Years 3 Months | Current |
| Pulintharapadi Mathai Mathew Also directs: Adcon Constructions Private Limited | Director | 30 May 2013 | 13 Years 4 Months | Current |
| Anil Vadakkedan Madhavan Also directs: Thirunal Kuries Private Limited | Director | 16 Feb 2013 | 13 Years 8 Months | Current |
| Jose Pettah Joseph | Director | 01 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Savannah Chits Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Pudhaiyal Chit Funds Private Limited | ₹9.93 Lakh (FY 2020) | -3.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Dhasam Chits Private Limited | ₹9.92 Lakh (FY 2025) | 9.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Savannah Chits Private Limitedthis company | ₹9.86 Lakh (FY 2022) | -₹11.04 Lakh | -111.9% | -69.0% | Thrissur, Kerala, India | |
| Taruni Chit Funds Siddipet Private Limited | ₹9.85 Lakh (FY 2021) | 7.0% | Siddipet, Telangana, India | |||
| Sukriti Nidhi Limited | ₹9.82 Lakh (FY 2022) | 69.0% | Patna, Bihar, India | |||
| Vidhaan Nidhi Limited | ₹9.79 Lakh (FY 2024) | 24.0% | Jaipur, Rajasthan, India | |||
| Satyabala Nidhi Limited | ₹9.79 Lakh (FY 2024) | 11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Savannah Chits Private Limited, buy the company report.
Auditor
Savannah Chits Private Limited is audited by SENGOTTAIYAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SENGOTTAIYAN & CO | FY 2020 | 005290S |
Shareholding
The shareholding of Savannah Chits Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Savannah Chits Private Limited, buy the company report.
Legal cases
Savannah Chits Private Limited has 201 court cases on record: 199 filed by Savannah Chits, 2 filed against it. 10 cases are pending and 191 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 201 | 2 | 10 |
Cases on record (5 of 201)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Execution petition | Filed by the company against Priya | Disposed |
| District court, Thrissur, Kerala | Court case (EA) | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
To see the full case history of Savannah Chits Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Savannah 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 Savannah Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Savannah Chits Private Limited has 10 board changes on record since 2011: 5 appointments and 5 cessations. The latest: Anil Vadakkedan Madhavan ceased to be Additional Director on 30 Sep 2015.
1 earlier event is in the company report.
Frequently asked questions
Savannah Chits is an active private limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 July 2011 (15+ years old) and is registered under CIN U65992KL2011PTC028773.
Savannah Chits has 5 current directors:
- Vincent Chittilappilly Varu - Managing Director
- Babu Kannanaikal Porinchu - Director
- Pulintharapadi Mathai Mathew - Director
- Anil Vadakkedan Madhavan - Director
- Jose Pettah Joseph - Director
The latest financial statements of Savannah Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Savannah Chits is U65992KL2011PTC028773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savannah Chits has 201 court cases on record: 199 filed by the company and 2 filed against it. 10 are pending.
Savannah Chits was incorporated on 01 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Savannah Chits by revenue are Pudhaiyal Chit Funds Private Limited, Dhasam Chits Private Limited, Taruni Chit Funds Siddipet Private Limited, Sukriti Nidhi Limited, Vidhaan Nidhi Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Anil Vadakkedan Madhavan ceased to be Additional Director on 30 Sep 2015. Pulintharapadi Mathai Mathew ceased to be Additional Director on 30 Sep 2015. Chembakasseri John Kochappan ceased to be Additional Director on 11 Jun 2013. Savannah Chits has 10 board changes on record in total.
The registered office of Savannah Chits is at City Castle Complex East Fort Junction, Thrissur, Kerala, India – 680005.
Savannah Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Savannah Chits is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.