Surag Chitties Pvt Ltd
About Surag Chitties Pvt Ltd
Data last updated:
Surag Chitties Pvt Ltd 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 11 July 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1983PTC003745. Its GSTIN is 32AADCS9061P1ZW (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.68 Lakh. It is led by directors including Alukkal Kunjuvareed Ousephunny (Managing Director) and Elenjickal Cheeku George.
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 A K P Buildingstana Irinjalakuda, Thrissur, Kerala, India – 680125.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.64 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹69,387 (net margin -4.7%) and EBITDA of ₹4.14 Lakh (EBITDA margin 28.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 28% over five years.
Court records list 345 cases involving the company, including 333 filed by the company and 12 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Surag Chitties Pvt Ltd's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressA K P Buildingstana Irinjalakuda, Thrissur, Kerala, India – 680125
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Surag Chitties Pvt Ltd, 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 Surag Chitties 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 Surag Chitties Pvt Ltd, buy the company report.
Financials of Surag Chitties Pvt Ltd
FY 2025 filings availableSurag Chitties Pvt Ltd reported revenue of ₹14.64 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 8% fall in the latest year. EBITDA rose 502% 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 | ₹4.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69,387 | ||||
| Balance Sheet | |||||
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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 | 28.3% | ||||
| Net Profit Margin | -4.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Surag Chitties Pvt Ltd, buy the company report.
Board of directors of Surag Chitties Pvt Ltd
Surag Chitties 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 |
|---|---|---|---|---|
| Elenjickal Cheeku George | Director | 27 Sep 2000 | 26 Years 1 Months | Current |
| Alukkal Kunjuvareed Ousephunny | Managing Director | 30 Oct 1987 | 38 Years 11 Months | Current |
| Thalapilly Mani Menon | Director | 29 Sep 2007 | 19 Years 0 Months | Current |
| Kannamthodath Govindankutty Menon Balakrishnan Also directs: Town Kuries Private Limited, Ottapalam Kuries Private Limited | Director | 06 Jun 2000 | 26 Years 4 Months | Current |
| Theethaihouse Chakkunny Baby Also directs: Abhiman Kuries Pvt Ltd, Darsana Kuries Pvt Ltd | Director | 12 Aug 2015 | 11 Years 2 Months | Current |
| Allumpurath Sivaraman Ashe | Director | 02 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Surag Chitties Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Balamurugan Vilasam Chits (India) Private Limited | ₹14.77 Lakh (FY 2025) | 249.0% | Sattur, Tamil Nadu, India | |||
| Lotusnine Kuries Private Limited | ₹14.75 Lakh (FY 2025) | 2.0% | North Kuthiathode P O, Kerala, India | |||
| Lakshmi Prabha Chit Funds Private Limited | ₹14.67 Lakh (FY 2025) | -37.0% | Salem, Tamil Nadu, India | |||
| Vishwas Urban Multipurpose Nidhi Limited | ₹14.67 Lakh (FY 2024) | 2.0% | Ahmednagar, Maharashtra, India | |||
| Alpha Kuries Private Limited | ₹14.64 Lakh (FY 2025) | 0.0% | Thrissur, Kerala, India | |||
| Surag Chitties Pvt Ltdthis company | ₹14.64 Lakh (FY 2025) | -₹69,387 | -4.7% | -8.0% | Thrissur, Kerala, India | |
| CTM Nidhi Limited | ₹14.55 Lakh (FY 2025) | 24.0% | Chittur, Kerala, India | |||
| Lokamaleswaram Kuries Private Limited | ₹14.53 Lakh (FY 2022) | -14.0% | Thrissur, Kerala, India | |||
| Shivabasava Chits Private Limited | ₹14.49 Lakh (FY 2022) | 4.0% | Bangalore, Karnataka, India | |||
| Chakravarthi Dhana Suraksha Nidhi Limited | ₹14.47 Lakh (FY 2025) | -40.0% | Ottappalam, Kerala, India |
To see the full peer comparison of Surag Chitties Pvt Ltd, buy the company report.
Auditor
Surag Chitties Pvt Ltd is audited by K VIJAYAKUMAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K VIJAYAKUMAR & CO | FY 2021 | 004712S |
Shareholding
The shareholding of Surag Chitties Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surag Chitties Pvt Ltd, buy the company report.
Legal cases
Surag Chitties Pvt Ltd has 345 court cases on record: 333 filed by Surag Chitties, 12 filed against it. 11 cases are pending and 334 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 334 | 2 | 10 |
| High courts | 11 | 10 | 1 |
Cases on record (5 of 345)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP(C)) | Filed against the company by an individual | 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 |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
To see the full case history of Surag Chitties Pvt Ltd, 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 Surag Chitties Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Surag Chitties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCS9061P1ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surag Chitties Pvt Ltd, buy the company report.
Recent activity
Surag Chitties Pvt Ltd has 13 board changes on record since 1987: 7 appointments and 6 cessations. The latest: Thekkekara Chummar Roby ceased to be Director on 02 Feb 2021.
4 earlier events are in the company report.
Frequently asked questions
Surag Chitties 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 11 July 1983 (43+ years old) and is registered under CIN U65992KL1983PTC003745.
Surag Chitties has 7 current directors:
- Alukkal Kunjuvareed Ousephunny - Managing Director
- Elenjickal Cheeku George - Director
- Thalapilly Mani Menon - Director
- Kannamthodath Govindankutty Menon Balakrishnan - Director
- Theethaihouse Chakkunny Baby - Director
- Allumpurath Sivaraman Ashe - Director
- Therattilavinisserry Vareed Paul - Director
The latest financial statements of Surag Chitties 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 Surag Chitties is 32AADCS9061P1ZW, registered in Kerala.
The CIN (Corporate Identification Number) of Surag Chitties is U65992KL1983PTC003745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surag Chitties has 345 court cases on record: 333 filed by the company and 12 filed against it. 11 are pending. Most are in the district courts.
Surag Chitties was incorporated on 11 July 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Surag Chitties by revenue are Balamurugan Vilasam Chits (India) Private Limited, Lotusnine Kuries Private Limited, Lakshmi Prabha Chit Funds Private Limited, Vishwas Urban Multipurpose Nidhi Limited, Alpha Kuries Private Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Thekkekara Chummar Roby ceased to be Director on 02 Feb 2021. Pereppadan Joseph Joseph ceased to be Director on 06 May 2020. Allumpurath Sivaraman Ashe was appointed as Director on 02 Aug 2017. Surag Chitties has 13 board changes on record in total.
The registered office of Surag Chitties is at A K P Buildingstana Irinjalakuda, Thrissur, Kerala, India – 680125.
Surag Chitties operates in the financial services industry, in the microfinance institutions segment.