Twins Chit Funds Private Limited
About Twins Chit Funds Private Limited
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Twins Chit Funds Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 25 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2001PTC014743. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Varghese Arukandathil Francis and Usha Mariam Varghese.
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 37 468 Broadway Lodge Enclave Broadway, Ernakulam, Kerala, India – 682031.
As per the financials filed for FY 2017, the company reported a revenue of ₹50.94 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Lakh (net margin 3.9%) and EBITDA of -₹69,120 (EBITDA margin -1.4%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Twins Chit Funds Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address37 468 Broadway Lodge Enclave Broadway, Ernakulam, Kerala, India – 682031
- IndustryFinancial Services, Financial Activities
To see the full contact details of Twins Chit Funds 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
Financials of Twins Chit Funds Private Limited
FY 2025 filings availableTwins Chit Funds Private Limited reported revenue of ₹50.94 Lakh (down 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹50.94 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹69,120 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.97 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.4% | ||
| Net Profit Margin | 3.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Twins Chit Funds Private Limited, buy the company report.
Board of directors of Twins Chit Funds Private Limited
Twins Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varghese Arukandathil Francis | Director | 25 May 2001 | 25 Years 5 Months | Current |
| Usha Mariam Varghese | Director | 25 May 2001 | 25 Years 5 Months | Current |
Auditor
Twins Chit Funds Private Limited is audited by A. GEORGE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. GEORGE & ASSOCIATES | FY 2017 | 000904S |
Shareholding
The shareholding of Twins Chit Funds 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 Twins Chit Funds Private Limited, buy the company report.
Legal cases
Twins Chit Funds Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by M/S H.D.F.C. Bank Ltd. | Disposed |
To see the full case history of Twins Chit Funds 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 Twins Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Twins Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Twins Chit Funds Private Limited, buy the company report.
Recent activity
Twins Chit Funds Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Usha Mariam Varghese was appointed as Director on 25 May 2001.
Frequently asked questions
Twins Chit Funds is an active private limited company based in Ernakulam, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 25 May 2001 (25+ years old) and is registered under CIN U65992KL2001PTC014743.
Twins Chit Funds has 2 current directors:
- Varghese Arukandathil Francis - Director
- Usha Mariam Varghese - Director
The latest financial statements of Twins Chit Funds 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.
No. Twins Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Twins Chit Funds is U65992KL2001PTC014743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Twins Chit Funds has 1 court case on record: 1 filed against it.
Twins Chit Funds was incorporated on 25 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.
Usha Mariam Varghese was appointed as Director on 25 May 2001. Varghese Arukandathil Francis was appointed as Director on 25 May 2001.
The registered office of Twins Chit Funds is at 37 468 Broadway Lodge Enclave Broadway, Ernakulam, Kerala, India – 682031.
Twins Chit Funds operates in the financial services industry, in the financial activities segment.