The Suburban Chit Funds Pvt Ltd
About The Suburban Chit Funds Pvt Ltd
Data last updated:
The Suburban Chit Funds 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 05 November 1934 and has been in existence for over 92 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1934PTC001033. Its GSTIN is 32AAACT8299B1ZD (Kerala).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.56 Lakh. It is led by directors including Sivasankaran Erath and Bineesh.
Its last annual general meeting (AGM) was held on 27 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 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹11.95 Lakh (net margin 11.9%) and EBITDA of ₹15.36 Lakh (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
Court records list 157 cases involving the company, including 151 filed by the company and 6 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
The Suburban Chit Funds Pvt Ltd's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. Nsc/25/1046/B3 And Nsc/ 25/1046/B4 1st Floor Naduvilal Shopping Complex, Round West, Thrissur, Kerala, India – 680001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of The Suburban Chit Funds 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 The Suburban Chit Funds 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 The Suburban Chit Funds Pvt Ltd, buy the company report.
Financials of The Suburban Chit Funds Pvt Ltd
FY 2025 filings availableThe Suburban Chit Funds Pvt Ltd reported revenue of ₹1 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 10% growth in the latest year. EBITDA rose 23% 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 | ₹15.36 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹11.95 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 | 15.4% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of The Suburban Chit Funds Pvt Ltd, buy the company report.
Board of directors and KMP of The Suburban Chit Funds Pvt Ltd
The Suburban Chit Funds Pvt Ltd currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivasankaran Erath | Director | 23 Sep 2006 | 20 Years 1 Months | Current |
| Bineesh | Director | 08 Dec 2023 | 2 Years 11 Months | Current |
| Aykarakudiyil Thomas Mary | Director | 08 Oct 2022 | 4 Years 1 Months | Current |
| George Also directs: Tharakan Steels Private Limited | Ceo | 27 Sep 2025 | 1 Years 1 Months | Current |
| Sudevan Sankunni | Director | 19 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
The Suburban Chit Funds Pvt Ltd is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Jashu Chit Funds Private Limited | ₹1 Cr (FY 2025) | 5.0% | Kamareddy, Telangana, India | |||
| Vasireddy Chits Private Limited | ₹1 Cr (FY 2025) | 8.0% | Paloncha, Telangana, India | |||
| Anisha Chit Funds Private Limited | ₹1 Cr (FY 2024) | 22.0% | Tamil Nadu, India | |||
| Bheemalaxmi Chits Private Limited | ₹1 Cr (FY 2025) | 2.0% | Mangalore, Karnataka, India | |||
| Sri Skandaguru Chit Funds Private Limited | ₹1 Cr (FY 2024) | 147170.0% | Chennai, Tamil Nadu, India | |||
| The Suburban Chit Funds Pvt Ltdthis company | ₹1 Cr (FY 2025) | ₹11.95 Lakh | 11.9% | 10.0% | Thrissur, Kerala, India | |
| Goodwin Nidhi Limited | ₹99.93 Lakh (FY 2025) | 1.0% | Thrissur, Kerala, India | |||
| Fathimanatha Kuries Pvt Ltd | ₹99.84 Lakh (FY 2025) | 0.0% | Thrissur, Kerala, India | |||
| JRV Chit Fund Private Limited | ₹99.7 Lakh (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Kovilakam Chits and Financial Services Private Limited | ₹99.62 Lakh (FY 2020) | 15.0% | Thrissur, Kerala, India |
To see the full peer comparison of The Suburban Chit Funds Pvt Ltd, buy the company report.
Auditor
The Suburban Chit Funds Pvt Ltd is audited by THALIATH & JACOB for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THALIATH & JACOB | FY 2021 | 4353S |
Shareholding
The shareholding of The Suburban Chit Funds Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Suburban Chit Funds Pvt Ltd, buy the company report.
Legal cases
The Suburban Chit Funds Pvt Ltd has 157 court cases on record: 151 filed by The Suburban Chit Funds, 6 filed against it. 25 cases are pending and 132 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 150 | 3 | 25 |
| High courts | 7 | 3 | 0 |
Cases on record (5 of 157)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of The Suburban Chit Funds 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 The Suburban Chit Funds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Suburban Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACT8299B1ZD | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The Suburban Chit Funds Pvt Ltd, buy the company report.
Recent activity
The Suburban Chit Funds Pvt Ltd has 19 board changes on record since 2006: 5 appointments and 14 cessations. The latest: George was appointed as CEO on 27 Sep 2025.
10 earlier events are in the company report.
Frequently asked questions
The Suburban Chit Funds 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 05 November 1934 (92+ years old) and is registered under CIN U65992KL1934PTC001033.
The Suburban Chit Funds has 5 current directors and KMP:
- Sivasankaran Erath - Director
- Bineesh - Director
- Aykarakudiyil Thomas Mary - Director
- Sudevan Sankunni - Director
- George - Ceo
The latest financial statements of The Suburban Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Suburban Chit Funds is 32AAACT8299B1ZD, registered in Kerala.
The CIN (Corporate Identification Number) of The Suburban Chit Funds is U65992KL1934PTC001033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Suburban Chit Funds has 157 court cases on record: 151 filed by the company and 6 filed against it. 25 are pending. Most are in the district courts.
The Suburban Chit Funds was incorporated on 05 November 1934, making it 92+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of The Suburban Chit Funds by revenue are Jashu Chit Funds Private Limited, Vasireddy Chits Private Limited, Anisha Chit Funds Private Limited, Bheemalaxmi Chits Private Limited, Sri Skandaguru Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
George was appointed as CEO on 27 Sep 2025. Bineesh ceased to be Additional Director on 27 Sep 2024. Philomina Thathrathil George ceased to be Director on 30 Jul 2024. The Suburban Chit Funds has 19 board changes on record in total.
The registered office of The Suburban Chit Funds is at Room No. Nsc251046B3 And Nsc 251046B4 1st Floor Naduvilal Shopping Complex, Round West, Thrissur, Kerala, India – 680001.
The Suburban Chit Funds operates in the financial services industry, in the microfinance institutions segment.
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