About Sharewealth Chits Limited
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Sharewealth Chits Limited is a public limited company based in Thrissur, Kerala, India, a subsidiary of Sharewealth Securities Limited. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PLC021069. Its GSTIN is 32AALCS7554D1ZB (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹68.75 Lakh. It was formerly known as Sharewealth Chits Private Limited and Sharewealth Insurance Broking India Private Limited. It is led by directors including Vazhappilly Thomas George (Managing Director) and Joseph Pulikkan Antony (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nehru Park, Thrissur, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.54 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 0.9%) and EBITDA of ₹2.38 Cr (EBITDA margin 67.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 2,016 cases involving the company, including 1,947 filed by the company and 70 filed against it; 317 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharewealthchits.com.
Company details
Name history
Sharewealth Chits has undergone 2 name changes throughout its history. The company was previously known as Sharewealth Chits Private Limited, and Sharewealth Insurance Broking India Private Limited. The current legal name is Sharewealth Chits Limited.
| Company Name | Status |
|---|---|
| Sharewealth Chits Limited | Current |
| Sharewealth Chits Private Limited | Previous |
| Sharewealth Insurance Broking India Private Limited | Previous |
CIN history
Sharewealth Chits has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65992KL2007PLC021069, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992KL2007PLC021069 | Current |
| U65992KL2007PTC021069 | Previous |
| U67200KL2007PTC021069 | Previous |
Contact details
Sharewealth Chits Limited's registered office is in Thrissur, Kerala. Its website is sharewealthchits.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDoor No : 28 / 774 – 5 Third Floor Sivasakthi Building Opp: Nehru Park Ro, Und North, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sharewealth Chits 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 Sharewealth 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 Sharewealth Chits Limited, buy the company report.
Financials of Sharewealth Chits Limited
FY 2025 filings availableSharewealth Chits Limited reported revenue of ₹3.54 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 | ₹2.38 Cr | ||||
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| Net Profit (PAT) | ₹3.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Sharewealth Chits Limited, buy the company report.
Board of directors of Sharewealth Chits Limited
Sharewealth Chits has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vazhappilly Thomas George Also directs: Anywhere Gold Power LLP, Thrissur Express Printing and Publishing Private Limited, Winterfeel Hotels and Resorts Limited and 3 more | Managing Director | 14 Apr 2011 | 15 Years 6 Months | Current |
| Joseph Pulikkan Antony | Whole-Time Director | 14 Apr 2011 | 15 Years 6 Months | Current |
| Chanayil Surendran Gopalan | Director | 14 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Sharewealth Chits 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 |
|---|---|---|---|---|---|---|
| VVRS Chitfund Tamilnadu Private Limited | ₹3.7 Cr (FY 2025) | 47.0% | Tirupur, Tamil Nadu, India | |||
| Exway Micro Credit Private Limited | ₹3.69 Cr (FY 2024) | 13.0% | Varanasi, Uttar Pradesh, India | |||
| Arishanapally Chit Funds Private Limited | ₹3.59 Cr (FY 2024) | -19.0% | Hyderabad, Telangana, India | |||
| Sri Vembu Chits Private Limited | ₹3.54 Cr (FY 2023) | 35.0% | Chennai, Tamil Nadu, India | |||
| Sharewealth Chits Limitedthis company | ₹3.54 Cr (FY 2024) | ₹3.05 Lakh | 0.9% | 1.0% | 6 | Thrissur, Kerala, India |
| Muthuvel Chits Private Limited | ₹3.47 Cr (FY 2025) | 16.0% | Pollachi, Tamil Nadu, India | |||
| Champion Microcredit Foundation | ₹3.45 Cr (FY 2025) | 374.0% | Aligarh, Uttar Pradesh, India |
To see the full peer comparison of Sharewealth Chits Limited, buy the company report.
Auditor
Sharewealth Chits Limited is audited by K R BENEDIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R BENEDIN & CO | FY 2018 | 011935S |
Shareholding
The shareholding of Sharewealth Chits Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sharewealth Chits Limited, buy the company report.
Legal cases
Sharewealth Chits Limited has 2,016 court cases on record: 1,947 filed by Sharewealth Chits, 70 filed against it. 317 cases are pending and 1,699 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,986 | 45 | 295 |
| High courts | 26 | 24 | 22 |
| NCLT | 4 | 1 | 0 |
Cases on record (5 of 2,016)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (OP(C)) | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Court case (AS) | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (OP(C)) | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (OP(C)) | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (OP(C)) | Filed against the company by an individual | Pending |
To see the full case history of Sharewealth Chits 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 Sharewealth Chits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharewealth Chits Limited has a workforce of 6 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Sharewealth Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCS7554D1ZB | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharewealth Chits Limited, buy the company report.
Recent activity
Sharewealth Chits Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Mathew Antony Aloor Kokkan ceased to be Additional Director on 31 Aug 2019.
11 earlier events are in the company report.
Frequently asked questions
Sharewealth Chits is an active public limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 July 2007 (19+ years old) and is registered under CIN U65992KL2007PLC021069.
Sharewealth Chits has 3 current directors:
- Vazhappilly Thomas George - Managing Director
- Joseph Pulikkan Antony - Whole-Time Director
- Chanayil Surendran Gopalan - Director
The latest financial statements of Sharewealth Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sharewealth Chits is 32AALCS7554D1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Sharewealth Chits is U65992KL2007PLC021069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharewealth Chits has 2,016 court cases on record: 1,947 filed by the company and 70 filed against it. 317 are pending. Most are in the district courts.
Sharewealth Chits was incorporated on 24 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sharewealth Chits by revenue are VVRS Chitfund Tamilnadu Private Limited, Exway Micro Credit Private Limited, Arishanapally Chit Funds Private Limited, Sri Vembu Chits Private Limited, Muthuvel Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Mathew Antony Aloor Kokkan ceased to be Additional Director on 31 Aug 2019. Nandakumarn ceased to be Additional Director on 31 Aug 2019. Russal Kalloor Francis ceased to be Additional Director on 29 Mar 2019. Sharewealth Chits has 20 board changes on record in total.
Sharewealth Chits can be reached through the website sharewealthchits.com. Its registered office is in Thrissur, Kerala, India.
The registered office of Sharewealth Chits is at Door No : 28 774 – 5 Third Floor Sivasakthi Building Opp: Nehru Park Ro, Und North, Thrissur, Kerala, India – 680001.
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