Stancash Chits Private Limited
About Stancash Chits Private Limited
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Stancash 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 08 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2008PTC022375. Its GSTIN is 32AAMCS4400R1Z2 (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Kripa Mathew and Manual Thomas.
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 Thrissur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹6.22 Lakh (net margin 6%) and EBITDA of ₹44.27 Lakh (EBITDA margin 42.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹62.7 Lakh and satisfied charges of ₹83.06 Lakh on record. Court records list 79 cases involving the company, including 60 filed by the company and 19 filed against it; 24 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Stancash Chits Private Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 36/6797 – 1B Citygate Resorts, Paliyam Road North Bus Stand, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Stancash 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 Stancash 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 Stancash Chits Private Limited, buy the company report.
Financials of Stancash Chits Private Limited
FY 2025 filings availableStancash Chits Private Limited reported revenue of ₹1.04 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 17% fall in the latest year. EBITDA fell 33% 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 | ₹44.27 Lakh | ||||
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| Net Profit (PAT) | ₹6.22 Lakh | ||||
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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 | 42.5% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Stancash Chits Private Limited, buy the company report.
Board of directors of Stancash Chits Private Limited
Stancash Chits has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kripa Mathew | Director | 30 Jan 2009 | 17 Years 8 Months | Current |
| Manual Thomas | Director | 30 Jan 2009 | 17 Years 8 Months | Current |
| Akkarappatty Maney Siby Also directs: Stanworth Chits Private Limited | Director | 08 May 2008 | 18 Years 5 Months | Current |
| Mary Thomas Also directs: Stanworth Chits Private Limited | Director | 08 May 2008 | 18 Years 5 Months | Current |
| Boban Maney | Director | 08 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Stancash Chits Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Real Smart Micro Finance Association | ₹1.07 Cr (FY 2025) | 48.0% | Varanasi, Uttar Pradesh, India | |||
| Wincoast Nidhi Limited | ₹1.06 Cr (FY 2025) | -10.0% | Thrissur, Kerala, India | |||
| Girnar Chit Funds Private Limited | ₹1.06 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Maragadhambal Nidhi Limited | ₹1.06 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Sri Goyam Chits Private Limited | ₹1.04 Cr (FY 2024) | 84.0% | Hyderabad, Telangana, India | |||
| Stancash Chits Private Limitedthis company | ₹1.04 Cr (FY 2025) | ₹6.22 Lakh | 6% | -17.0% | Thrissur, Kerala, India | |
| Kuro Microfinance Private Limited | ₹1.04 Cr (FY 2025) | 565.0% | Varanasi, Uttar Pradesh, India | |||
| Pavai Mutual Benefit Nidhi Limited | ₹1.04 Cr (FY 2025) | 18.0% | Papanasam, Tamil Nadu, India |
To see the full peer comparison of Stancash Chits Private Limited, buy the company report.
Auditor
Stancash Chits Private Limited is audited by CHEERAN VARGHESE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHEERAN VARGHESE & CO | FY 2019 | 050061S |
Shareholding
The shareholding of Stancash Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stancash Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2025 | 101143716 | Dhanlaxmi Bank Limited | ₹11 Lakh | Open | |
| 16 Apr 2025 | 101083002 | Dhanlaxmi Bank Limited | ₹9 Lakh | Open | |
| 27 Apr 2023 | 100717620 | Dhanlaxmi Bank Limited | ₹42.7 Lakh | Open | |
| 13 Aug 2019 | 100293020 | Others | ₹23.75 Lakh | Satisfied | |
| 19 Mar 2018 | 100169095 | Others | ₹42.5 Lakh | Satisfied |
To see the full charge records of Stancash Chits Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Stancash Chits Private Limited has 79 court cases on record: 60 filed by Stancash Chits, 19 filed against it. 24 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 6 | 20 |
| High courts | 13 | 12 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against M/S. Mulamoottil Consumer Credits Ltd., and 9 others | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Court case (EP(Com)) | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Court case (EP(Com)) | Filed by the company against an individual | Pending |
To see the full case history of Stancash 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 Stancash Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stancash Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAMCS4400R1Z2 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stancash Chits Private Limited, buy the company report.
Recent activity
Stancash Chits Private Limited has 11 board changes on record since 2008: 5 appointments and 6 cessations. The latest: Xavier Palatty George ceased to be Director on 07 Aug 2024.
13 earlier events are in the company report.
Frequently asked questions
Stancash 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 08 May 2008 (18+ years old) and is registered under CIN U65992KL2008PTC022375.
Stancash Chits has 5 current directors:
- Kripa Mathew - Director
- Manual Thomas - Director
- Akkarappatty Maney Siby - Director
- Mary Thomas - Director
- Boban Maney - Director
The latest financial statements of Stancash Chits 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 Stancash Chits is 32AAMCS4400R1Z2, registered in Kerala.
The CIN (Corporate Identification Number) of Stancash Chits is U65992KL2008PTC022375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stancash Chits has 79 court cases on record: 60 filed by the company and 19 filed against it. 24 are pending. Most are in the district courts.
Stancash Chits was incorporated on 08 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Stancash Chits by revenue are Real Smart Micro Finance Association, Wincoast Nidhi Limited, Girnar Chit Funds Private Limited, Maragadhambal Nidhi Limited, Sri Goyam Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Xavier Palatty George ceased to be Director on 07 Aug 2024. Antony Akkarapatty ceased to be Director on 30 Sep 2022. Usha Joy ceased to be Director on 15 Oct 2019. Stancash Chits has 11 board changes on record in total.
The registered office of Stancash Chits is at Room No. 366797 – 1B Citygate Resorts, Paliyam Road North Bus Stand, Thrissur, Kerala, India – 680001.
Stancash Chits operates in the financial services industry, in the microfinance institutions segment.