Sreekarayil Chits (India) Limited
About Sreekarayil Chits (India) Limited
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Sreekarayil Chits (India) Limited is a public limited company based in Tirupur, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 31 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2012PLC019081. Its GSTIN is 33AASCS5553K1ZS (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹42 Lakh. It is led by directors including Karayil Damodaran Rajan (Managing Director) and Payyappilli Donbosco Thomas (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 45 Dharani Motors Jeevabai Girls Higher Secondary School Street Tirupur Town Tirupur Talu, K, Tamil Nadu, India – 641602.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.01 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹7.38 Lakh (net margin -29.5%) and EBITDA of -₹5.71 Lakh (EBITDA margin -22.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sreekarayil Chits (India) Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address45 Dharani Motors Jeevabai Girls Higher Secondary School Street Tirupur Town Tirupur Talu, K, Tamil Nadu, India – 641602
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sreekarayil Chits (India) 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 Sreekarayil Chits (India) 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 Sreekarayil Chits (India) Limited, buy the company report.
Financials of Sreekarayil Chits (India) Limited
FY 2025 filings availableSreekarayil Chits (India) Limited reported revenue of ₹25.01 Lakh (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 71% fall in the latest year. EBITDA fell 208% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.71 Lakh | ||||
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| Net Profit (PAT) | -₹7.38 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 | -22.8% | ||||
| Net Profit Margin | -29.5% | ||||
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To see the full financial statements and ratios of Sreekarayil Chits (India) Limited, buy the company report.
Board of directors of Sreekarayil Chits (India) Limited
Sreekarayil Chits (India) has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kombath Kuttappan Rema Also directs: Srikaarayil Welfare Marketing Services Private Limited | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
| Karayil Damodaran Rajan Also directs: Srikaarayil Welfare Marketing Services Private Limited | Managing Director | 31 Dec 2012 | 13 Years 9 Months | Current |
| Siddappa Govindappa | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Thankamma Santhosh | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Shivanna Kothathi Nanjundegowda Also directs: Srikaarayil Welfare Marketing Services Private Limited | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Pramod Markand Singh Also directs: Arrow Expo LLP | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Sreekarayil Chits (India) Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Sarojini Chit Funds Private Limited | ₹25.23 Lakh (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| KVF Nidhi Limited | ₹25.21 Lakh (FY 2025) | 76.0% | Chengannur, Kerala, India | |||
| Pooram Chits Private Limited | ₹25.11 Lakh (FY 2024) | -15.0% | Thrissur, Kerala, India | |||
| Jeevan Deep Micro Credit | ₹25.11 Lakh (FY 2025) | 1.0% | Jaunpur, Uttar Pradesh, India | |||
| KMRS Nidhi Limited | ₹25.02 Lakh (FY 2022) | 265.0% | Dhampur, Uttar Pradesh, India | |||
| Sreekarayil Chits (India) Limitedthis company | ₹25.01 Lakh (FY 2024) | -₹7.38 Lakh | -29.5% | -71.0% | Tirupur, Tamil Nadu, India | |
| Mbi India Nidhi Limited | ₹24.97 Lakh (FY 2025) | -9.0% | Jalore, Rajasthan, India | |||
| Baig & Shah Chit Fund Private Limited | ₹24.87 Lakh (FY 2021) | -7.0% | Hyderabad, Telangana, India | |||
| Bharati Maind Urban Multiple Nidhi Limited | ₹24.69 Lakh (FY 2024) | -16.0% | Pusad, Maharashtra, India | |||
| Janani Mithra Nidhi Limited | ₹24.67 Lakh (FY 2022) | Shornur, Kerala, India |
To see the full peer comparison of Sreekarayil Chits (India) Limited, buy the company report.
Auditor
Sreekarayil Chits (India) Limited is audited by UNNIKRISHNAN AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UNNIKRISHNAN AND CO | FY 2023 | 004460S |
Shareholding
The shareholding of Sreekarayil Chits (India) Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sreekarayil Chits (India) Limited, buy the company report.
Legal cases
Sreekarayil Chits (India) Limited has 1 court case on record: 1 filed by Sreekarayil Chits (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against State of Meghalaya | Disposed |
To see the full case history of Sreekarayil Chits (India) 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 Sreekarayil Chits (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sreekarayil Chits (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AASCS5553K1ZS | Tamil Nadu | Active | 09 Nov 2017 |
| 29AASCS5553K1ZH | Karnataka | Active | 09 Mar 2020 |
| 32AASCS5553K1ZU | Kerala | Active | 10 Mar 2020 |
To see the full GST registrations and return filing status of Sreekarayil Chits (India) Limited, buy the company report.
Recent activity
Sreekarayil Chits (India) Limited has 13 board changes on record since 2012: 7 appointments and 6 cessations. The latest: Bojja Venu Gopal ceased to be Director on 31 May 2022.
4 earlier events are in the company report.
Frequently asked questions
Sreekarayil Chits (India) is an active public limited company based in Tirupur, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 31 December 2012 (14+ years old) and is registered under CIN U65992TZ2012PLC019081.
Sreekarayil Chits (India) has 7 current directors:
- Karayil Damodaran Rajan - Managing Director
- Payyappilli Donbosco Thomas - Whole-Time Director
- Kombath Kuttappan Rema - Director
- Siddappa Govindappa - Director
- Thankamma Santhosh - Director
- Shivanna Kothathi Nanjundegowda - Director
- Pramod Markand Singh - Director
The latest financial statements of Sreekarayil Chits (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sreekarayil Chits (India) is 33AASCS5553K1ZS, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AASCS5553K1ZH (Karnataka), 32AASCS5553K1ZU (Kerala).
The CIN (Corporate Identification Number) of Sreekarayil Chits (India) is U65992TZ2012PLC019081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreekarayil Chits (India) has 1 court case on record: 1 filed by the company.
Sreekarayil Chits (India) was incorporated on 31 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sreekarayil Chits (India) by revenue are Sarojini Chit Funds Private Limited, KVF Nidhi Limited, Pooram Chits Private Limited, Jeevan Deep Micro Credit, KMRS Nidhi Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Bojja Venu Gopal ceased to be Director on 31 May 2022. Umadevi ceased to be Director on 02 Sep 2021. Pramod Markand Singh was appointed as Director on 10 Jun 2019. Sreekarayil Chits (India) has 13 board changes on record in total.
The registered office of Sreekarayil Chits (India) is at 45 Dharani Motors Jeevabai Girls Higher Secondary School Street Tirupur Town Tirupur Talu, K, Tamil Nadu, India – 641602.
Sreekarayil Chits (India) operates in the financial services industry, in the financial activities segment.