Wealth Plus Chits Private Limited - Company Profile

It is a financial services private limited company based in Malappuram, Kerala, India, established in 2010.
2010 Malappuram, Kerala, India Active
Last Updated:
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About Wealth Plus Chits Private Limited

Wealth Plus Chits Private Limited, a active private limited company, was established on 05 August 2010 in Malappuram, Kerala, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KL2010PTC026495. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.86 M.

It upholds a compliant status. Its leadership includes Choorakunnansubrahmanyan (Managing Director), Mohammed Ashraf Kuttippurath Chali (Director), Viswanathan Choorappara (Director). Past directors included Abhijith Parambilthodika, Prajith Choorakkunnan. Its latest AGM occurred on 28 July 2025, with the balance sheet filed on 31 March 2025. It is based at 16/298 , Kunnummel Tower Near Sub Treasury Building, Manjeri Road, , Wandoor, Malappuram, Kerala, 679328.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992KL2010PTC026495

  • Registration Number

    026495

  • Incorporation Date

    05 August 2010

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.86 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.86 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 47.77%
  • Profit Growth **** 157.31%
  • Ebitda **** 124.48%
  • Net Worth 38.50%
  • Total Assets -73.15%
Company report

Wealth Plus Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Wealth Plus Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Wealth Plus Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Choorakunnansubrahmanyan Managing Director 05 Aug 2010 Current
Mohammed Ashraf Kuttippurath Chali Director 05 Aug 2010 Current
Viswanathan Choorappara Director 05 Aug 2010 Current
Akshay Subran Choorakunnan Director 09 Jun 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Jun 2023 Past
Pramod Abcsdd Director 15 Apr 2023 Past

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Financial Performance of Wealth Plus Chits.

Wealth Plus Chits Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 47.77% increase. The company also saw a substantial improvement in profitability, with a 157.31% increase in profit. The company's net worth Soared by an impressive increase of 38.5%.

Wealth Plus Chits revenue growth over time
Wealth Plus Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 47.77%
*******
*******
*******
*******
Revenue from Operations
*******
 74.94%
*******
*******
*******
*******
Total Assets
*******
 -73.15%
*******
*******
*******
*******
Profit or Loss
*******
 157.31%
*******
*******
*******
*******
Net Worth
*******
 38.50%
*******
*******
*******
*******
EBITDA
*******
 124.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Wealth Plus Chits?

In 2017, Wealth Plus Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Wealth Plus Chits?

Unlock and access historical data on people associated with Wealth Plus Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wealth Plus Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Wealth Plus Chits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Wealth Plus Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Wealth Plus Chits Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Wealth Plus Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was completed.

  • Director Appointment

    Akshay Subran Choorakunnan was appointed as a Director was appointed as a Director on 09 Jun 2020 & has been associated with this company since 5 years 9 months . was recorded as a recent event.

  • Director Appointment

    Choorakunnansubrahmanyan was appointed as a Managing Director was appointed as a Managing Director on 05 Aug 2010 & has been associated with this company since 15 years 7 months . was recorded as a recent event.

  • Director Appointment

    Progress on Mohammed Ashraf Kuttippurath Chali was appointed as a Director was appointed as a Director on 05 Aug 2010 & has been associated with this company since 15 years 7 months . was documented.

  • Director Appointment

    Progress on Viswanathan Choorappara was appointed as a Director was appointed as a Director on 05 Aug 2010 & has been associated with this company since 15 years 7 months . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Wealth Plus Chits Private Limited?

The CIN of Wealth Plus Chits Private Limited is U65992KL2010PTC026495.

Where is Wealth Plus Chits Private Limited headquartered?

Wealth Plus Chits Private Limited is headquartered at 16/298 , Kunnummel Tower Near Sub Treasury Building, Manjeri Road, , Wandoor, Malappuram, Kerala, 679328.

When was Wealth Plus Chits Private Limited incorporated?

Wealth Plus Chits Private Limited was incorporated on 05 August 2010.

Who are the current directors of Wealth Plus Chits Private Limited?

The current directors of Wealth Plus Chits Private Limited are

What is the primary industry of Wealth Plus Chits Private Limited?

The primary industry of Wealth Plus Chits Private Limited is Financial And Insurance Service.

Is Wealth Plus Chits Private Limited a listed company?

Wealth Plus Chits Private Limited is unlisted.

What is the capital structure of Wealth Plus Chits Private Limited?

The authorized capital of Wealth Plus Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.86 M.

What is the compliance status of Wealth Plus Chits Private Limited?

The compliance status of Wealth Plus Chits Private Limited is Compliant.

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