Sumoro Chits Private Limited
About Sumoro Chits Private Limited
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Sumoro Chits Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2006PTC019981.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Cheriayan Varughese and Susamma Cheriyan.
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 Sumoro Chits Private Limited Door No Xviii/11(9) A & T Complex Stadium Byepass Road, Palakkad, Kerala, India – 678001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.23 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.9 Lakh (net margin -40%) and EBITDA of -₹2.76 Lakh (EBITDA margin -38.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sumoro Chits Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSumoro Chits Private Limited Door No Xviii/11(9) A & T Complex Stadium Byepass Road, Palakkad, Kerala, India – 678001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sumoro 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 Sumoro 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 Sumoro Chits Private Limited, buy the company report.
Financials of Sumoro Chits Private Limited
FY 2025 filings availableSumoro Chits Private Limited reported revenue of ₹7.23 Lakh (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 21% fall in the latest year. EBITDA rose 24% 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 | -₹2.76 Lakh | ||||
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| Net Profit (PAT) | -₹2.9 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 | -38.2% | ||||
| Net Profit Margin | -40% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sumoro Chits Private Limited, buy the company report.
Board of directors of Sumoro Chits Private Limited
Sumoro Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cheriayan Varughese | Director | 08 Nov 2006 | 19 Years 11 Months | Current |
| Susamma Cheriyan | Director | 10 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Sumoro Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Trenty Consultancy Services Private Limited | ₹7.26 Lakh (FY 2024) | 193.0% | Gurgaon, Haryana, India | |||
| Mayilmurugan Chit Funds Private Limited | ₹7.26 Lakh (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Micro Enterprises and Sustainable Project | ₹7.26 Lakh (FY 2024) | -29.0% | Deoghar, Jharkhand, India | |||
| Sriman Chit Funds Private Limited | ₹7.25 Lakh (FY 2025) | 81.0% | Tirupur, Tamil Nadu, India | |||
| Franchise Mart (India) Private Limited | ₹7.23 Lakh (FY 2025) | -12.0% | Surat, Gujarat, India | |||
| Sumoro Chits Private Limitedthis company | ₹7.23 Lakh (FY 2025) | -₹2.9 Lakh | -40% | -21.0% | Palakkad, Kerala, India | |
| Newmelam Nidhi Limited | ₹7.23 Lakh (FY 2024) | -47.0% | Thrissur, Kerala, India | |||
| Crezy Food Pvt Ltd | ₹7.23 Lakh (FY 2023) | 0.0% | Kolkata, West Bengal, India | |||
| Kashi Gramin Vikas Mutual Benefit Nidhi Limited | ₹7.23 Lakh (FY 2024) | -54.0% | Chandauli, Uttar Pradesh, India | |||
| Jairam Automobiles Private Limited | ₹7.23 Lakh (FY 2021) | -38.0% | Kolkata, West Bengal, India | |||
| MJK Chits Private Limited | ₹7.23 Lakh (FY 2025) | -35.0% | Pathanamthitta, Kerala, India |
To see the full peer comparison of Sumoro Chits Private Limited, buy the company report.
Auditor
Sumoro Chits Private Limited is audited by SATHISH JOHN KANICHAI F.C.A for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATHISH JOHN KANICHAI F.C.A | FY 2017 | 029331 |
Shareholding
The shareholding of Sumoro Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sumoro Chits Private Limited, buy the company report.
Legal cases
Sumoro Chits Private Limited has 2 court cases on record: 2 filed by Sumoro Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Sumoro 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 Sumoro 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 Sumoro Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sumoro Chits Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Kalliyattu Juby Cheriyan ceased to be Director on 31 Mar 2019.
Frequently asked questions
Sumoro Chits is an active private limited company based in Palakkad, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 November 2006 (20+ years old) and is registered under CIN U65992KL2006PTC019981.
Sumoro Chits has 2 current directors:
- Cheriayan Varughese - Director
- Susamma Cheriyan - Director
The latest financial statements of Sumoro 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 CIN (Corporate Identification Number) of Sumoro Chits is U65992KL2006PTC019981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumoro Chits has 2 court cases on record: 2 filed by the company.
Sumoro Chits was incorporated on 08 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sumoro Chits by revenue are Trenty Consultancy Services Private Limited, Mayilmurugan Chit Funds Private Limited, Micro Enterprises and Sustainable Project, Sriman Chit Funds Private Limited, Franchise Mart (India) Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kalliyattu Juby Cheriyan ceased to be Director on 31 Mar 2019. Stanly John ceased to be Director on 31 Mar 2019. Jose Valiyaparambil Joseph ceased to be Director on 10 Nov 2010. Sumoro Chits has 6 board changes on record in total.
The registered office of Sumoro Chits is at Sumoro Chits Door No Xviii119 A & T Complex Stadium Byepass Road, Palakkad, Kerala, India – 678001.
Sumoro Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sumoro Chits is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.