Velappaya Chits Private Limited
About Velappaya Chits Private Limited
Data last updated:
Velappaya Chits Private Limited was a private limited company based in Thrissur, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 08 February 2008.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2008PTC021828.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.7 Lakh. It was led by directors including Kuttath Gangadharan (Managing Director) and Vellalath Sivan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Room No II/274 Opposite Velappaya Temple Velappaya Po, Thrissur, Kerala, India – 680596.
As per the financials filed for FY 2016, the company reported a revenue of ₹64,770, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹64,351 (net margin -99.4%) and EBITDA of -₹58,139 (EBITDA margin -89.8%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRoom No II/274 Opposite Velappaya Temple Velappaya Po, Thrissur, Kerala, India – 680596
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Velappaya Chits Private Limited
The main business activity of Velappaya Chits is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Velappaya Chits Private Limited
Velappaya Chits Private Limited is audited by THOMASTONY&CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THOMASTONY&CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Velappaya Chits Private Limited
Velappaya Chits has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellalath Sivan | Director | 30 Jun 2009 | 17 Years 3 Months | As last reported |
| Kadavath Gireesh Kumar Also directs: Puzhakkal Farmer Producer Company Limited | Director | 30 Jun 2009 | 17 Years 3 Months | As last reported |
| Kuttath Gangadharan | Managing Director | 08 Feb 2008 | 18 Years 7 Months | As last reported |
| Gopinathan Vellalath | Director | 30 Jun 2009 | 17 Years 3 Months | As last reported |
| Thekkemadam Ananthakrishnan Sankarji | Director | 08 Feb 2008 | 18 Years 7 Months | As last reported |
| Prabhakaran Moorkkanat | Director | 30 Jun 2009 | 17 Years 3 Months | As last reported |
Financials of Velappaya Chits Private Limited FY 2016 filings available
Velappaya Chits Private Limited reported revenue of ₹64,770 (down 79% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Velappaya Chits Private Limited
Revenue fell 79% in the latest year. EBITDA fell 164% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Velappaya Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹64,770 | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹58,139 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹64,351 | •••• |
| 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 of Velappaya Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -89.8% | •••• |
| Net Profit Margin | -99.4% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Velappaya Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Velappaya Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Velappaya Chits Private Limited
Velappaya Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Velappaya Chits Private Limited
Employment history and EPFO contributions of people linked to Velappaya Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Velappaya Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Velappaya Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Velappaya Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Velappaya Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Velappaya Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Velappaya Chits Private Limited
Frequently Asked Questions about Velappaya Chits Private Limited
Velappaya Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Velappaya Chits was a private limited company based in Thrissur, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 08 February 2008 and is registered under CIN U65992KL2008PTC021828. The company has been struck off by the Registrar of Companies and is no longer operational.
Velappaya Chits had 6 directors:
- Kuttath Gangadharan - Managing Director
- Vellalath Sivan - Director
- Kadavath Gireesh Kumar - Director
- Gopinathan Vellalath - Director
- Thekkemadam Ananthakrishnan Sankarji - Director
- Prabhakaran Moorkkanat - Director
The CIN (Corporate Identification Number) of Velappaya Chits is U65992KL2008PTC021828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Velappaya Chits is at Room No II274 Opposite Velappaya Temple Velappaya Po, Thrissur, Kerala, India – 680596.
Velappaya Chits was incorporated on 08 February 2008. It is registered with the Registrar of Companies, Ernakulam.
Velappaya Chits reported revenue of ₹64,770 for FY 2016 (down 79% YoY).
Velappaya Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.7 Lakh.
Velappaya Chits reported a net loss of ₹64,351 (net margin -99.4%) and EBITDA of -₹58,139 (EBITDA margin -89.8%) for FY 2016, as per its filed financial statements.