VKV Chits Private Limited
About VKV Chits Private Limited
Data last updated:
VKV Chits Private Limited is a private limited company based in Alappuzha, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 11 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC034516.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sreevalsan and Sreejith Thayyil Sreevalsan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Thayyil Mannancherry, Alappuzha, Kerala, India – 688538.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.02 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹8,700 (net margin -8.6%) and EBITDA of ₹5,200 (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 29% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
VKV Chits Private Limited's registered office is in Alappuzha, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThayyil Mannancherry, Alappuzha, Kerala, India – 688538
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of VKV 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 VKV Chits 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 VKV Chits Private Limited, buy the company report.
Financials of VKV Chits Private Limited
FY 2023 filings availableVKV Chits Private Limited reported revenue of ₹1.02 Lakh (down 72% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 72% fall in the latest year. EBITDA fell 78% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5,200 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8,700 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -8.6% | ||||
| 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 VKV Chits Private Limited, buy the company report.
Board of directors of VKV Chits Private Limited
VKV Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreevalsan | Director | 11 Jul 2013 | 13 Years 3 Months | Current |
| Sreejith Thayyil Sreevalsan | Director | 11 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
VKV Chits Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shriramg Urban Nidhi Limited | ₹1.05 Lakh (FY 2022) | Sangli, Maharashtra, India | ||||
| Robust Msolutions Nidhi Limited | ₹1.04 Lakh (FY 2021) | 192.0% | Bhopal, Madhya Pradesh, India | |||
| Mahaganapati Microfinance | ₹1.02 Lakh (FY 2025) | -70.0% | Jaipur, Rajasthan, India | |||
| VKV Chits Private Limitedthis company | ₹1.02 Lakh (FY 2023) | -₹8,700 | -8.6% | -72.0% | Alappuzha, Kerala, India | |
| Carttal Chits(Kerala) Private Limited | ₹1.01 Lakh (FY 2019) | -78.0% | Alappuzha, Kerala, India | |||
| Meenachil Vikas Chitty Private Limited | ₹1.01 Lakh (FY 2020) | -75.0% | Pala, Kerala, India | |||
| Abhinav Urban Multipurpose Nidhi Limited | ₹1.01 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| Deepanjali Micro Finance Foundation | ₹1 Lakh (FY 2025) | -26.0% | Prayagraj, Uttar Pradesh, India | |||
| S V Kumar Chits Private Limited | ₹99,609 (FY 2020) | -65.0% | Bangalore, Karnataka, India |
To see the full peer comparison of VKV Chits Private Limited, buy the company report.
Auditor
VKV Chits Private Limited is audited by BIJUMON ANTONY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIJUMON ANTONY & ASSOCIATES | FY 2019 | 011924S |
Shareholding
The shareholding of VKV Chits Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of VKV Chits Private Limited, buy the company report.
Legal cases
VKV Chits Private Limited has 2 court cases on record: 2 filed by VKV Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of VKV 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 VKV Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for VKV Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VKV Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Sreejith Thayyil Sreevalsan was appointed as Director on 11 Jul 2013.
Frequently asked questions
VKV Chits is an active private limited company based in Alappuzha, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 11 July 2013 (13+ years old) and is registered under CIN U65992KL2013PTC034516.
VKV Chits has 2 current directors:
- Sreevalsan - Director
- Sreejith Thayyil Sreevalsan - Director
The latest financial statements of VKV Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of VKV Chits is U65992KL2013PTC034516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VKV Chits has 2 court cases on record: 2 filed by the company.
VKV Chits was incorporated on 11 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of VKV Chits by revenue are Shriramg Urban Nidhi Limited, Robust Msolutions Nidhi Limited, Mahaganapati Microfinance, Carttal Chits(Kerala) Private Limited, Meenachil Vikas Chitty Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sreejith Thayyil Sreevalsan was appointed as Director on 11 Jul 2013. Sreevalsan was appointed as Director on 11 Jul 2013.
The registered office of VKV Chits is at Thayyil Mannancherry, Alappuzha, Kerala, India – 688538.
VKV Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of VKV Chits is active non-compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.