About Vazhakulam Chits Private Limited
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Vazhakulam Chits Private Limited is a private limited company based in Vazhakulam, Kerala, India. It operates in the fund management segment of the financial services sector. It was incorporated on 02 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC029284. Its GSTIN is 32AADCV7821L1Z5 (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors including Noble John (Managing Director) and Mullasseril Joseph Type Jose (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No. Mgp/1/544 – M Pulparambil Complex Vazhakulam P.O., Kerala, India – 686670.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.19 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹13.66 Lakh (net margin 15%) and EBITDA of ₹22.49 Lakh (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
Court records list 12 cases involving the company, including 12 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vazhakulamchits.com.
Company details
Contact details
Vazhakulam Chits Private Limited's registered office is in Vazhakulam, Kerala. Its website is vazhakulamchits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No. Mgp/1/544 – M Pulparambil Complex Vazhakulam P.O., Kerala, India – 686670
- IndustryFinancial Services, Fund Management
To see the full contact details of Vazhakulam 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 Vazhakulam Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Vazhakulam Chits Private Limited, buy the company report.
Financials of Vazhakulam Chits Private Limited
FY 2024 filings availableVazhakulam Chits Private Limited reported revenue of ₹91.19 Lakh (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 33% growth in the latest year. EBITDA rose 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.49 Lakh | ||||
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| Net Profit (PAT) | ₹13.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | 15% | ||||
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To see the full financial statements and ratios of Vazhakulam Chits Private Limited, buy the company report.
Board of directors of Vazhakulam Chits Private Limited
Vazhakulam Chits has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mullasseril Joseph Type Jose | Whole-Time Director | 27 Jan 2012 | 14 Years 9 Months | Current |
| Raju Joseph | Director | 02 Sep 2011 | 15 Years 2 Months | Current |
| Biji Tom | Whole-Time Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Dominic Joseph | Whole-Time Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Biju Varghese | Whole-Time Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Vazhuthalakkattu Sunilkumar | Director | 01 Mar 2012 | 14 Years 8 Months | Current |
Auditor
Vazhakulam Chits Private Limited is audited by ABRAHAM & JOSE for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM & JOSE | FY 2017 | 000010S |
Shareholding
The shareholding of Vazhakulam 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 Vazhakulam Chits Private Limited, buy the company report.
Legal cases
Vazhakulam Chits Private Limited has 12 court cases on record: 12 filed by Vazhakulam Chits. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| District court, Idukki, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Vazhakulam 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 Vazhakulam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vazhakulam Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCV7821L1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vazhakulam Chits Private Limited, buy the company report.
Recent activity
Vazhakulam Chits Private Limited has 14 board changes on record since 2011: 8 appointments and 6 cessations. The latest: Biji Tom was appointed as Whole-Time Director on 23 Sep 2020.
5 earlier events are in the company report.
Frequently asked questions
Vazhakulam Chits is an active private limited company based in Vazhakulam, Kerala, India. The company works in fund management, within the financial services industry. It was incorporated on 02 September 2011 (15+ years old) and is registered under CIN U65992KL2011PTC029284.
Vazhakulam Chits has 8 current directors:
- Noble John - Managing Director
- Mullasseril Joseph Type Jose - Whole-Time Director
- Biji Tom - Whole-Time Director
- Dominic Joseph - Whole-Time Director
- Biju Varghese - Whole-Time Director
- Jimmy Thomas - Whole-Time Director
- Raju Joseph - Director
- Vazhuthalakkattu Sunilkumar - Director
The latest financial statements of Vazhakulam Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vazhakulam Chits is 32AADCV7821L1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Vazhakulam Chits is U65992KL2011PTC029284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vazhakulam Chits has 12 court cases on record: 12 filed by the company. 1 is pending.
Vazhakulam Chits was incorporated on 02 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
Biji Tom was appointed as Whole-Time Director on 23 Sep 2020. Jimmy Thomas ceased to be Director on 01 Dec 2019. Mullasseril Joseph Type Jose ceased to be Director on 01 Dec 2019. Vazhakulam Chits has 14 board changes on record in total.
Vazhakulam Chits can be reached through the website vazhakulamchits.com. Its registered office is in Vazhakulam, Kerala, India.
The registered office of Vazhakulam Chits is at Door No. Mgp1544 – M Pulparambil Complex Vazhakulam P.O., Kerala, India – 686670.
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