Welkin Chits Private Limited
About Welkin Chits Private Limited
Data last updated:
Welkin Chits Private Limited was a private limited company based in Koothattukulam, 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 16 July 2015.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2015PTC038854.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors including Saji Sebastian and Sreedharan Kunnal Sathyan.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Kp. IV/53 Edaputhusseril Building Marygiri Junction M.C. Road, Koothattukulam, Kerala, India – 686662.
As per the financials filed for FY 2016, the company reported a revenue of ₹24,000. For the same year it recorded a net loss of ₹60,043 (net margin -250.2%) and EBITDA of -₹23,271 (EBITDA margin -97%).
Company details
Contact details
Welkin Chits Private Limited's registered office is in Koothattukulam, Kerala.
- Registered AddressKp. IV/53 Edaputhusseril Building Marygiri Junction M.C. Road, Koothattukulam, Kerala, India – 686662
- 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
Business activity
The main business activity of Welkin 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 Welkin Chits Private Limited, buy the company report.
Financials of Welkin Chits Private Limited
FY 2016 filings availableWelkin Chits Private Limited reported revenue of ₹24,000 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 |
|---|---|
| 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 | -₹23,271 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹60,043 |
| 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 2015-16 |
|---|---|
| Profitability | |
| EBITDA Margin | -97% |
| Net Profit Margin | -250.2% |
| 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 Welkin Chits Private Limited, buy the company report.
Board of directors of Welkin Chits Private Limited
Welkin Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saji Sebastian | Director | 16 Jul 2015 | 11 Years 3 Months | As last reported |
| Sreedharan Kunnal Sathyan | Director | 16 Jul 2015 | 11 Years 3 Months | As last reported |
| Shoby Jose | Director | 16 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Welkin Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Samam Chits Private Limited | ₹24,064 (FY 2017) | Thrissur, Kerala, India | ||||
| Sahjanand Nidhi Limited | ₹24,049 (FY 2025) | -60.0% | Vadodara, Gujarat, India | |||
| Kuro India Mutual Benefit Nidhi Limited | ₹24,030 (FY 2023) | 36.0% | Varanasi, Uttar Pradesh, India | |||
| RCK Chits Private Limited | ₹24,028 (FY 2020) | -94.0% | Bangalore, Karnataka, India | |||
| Welkin Chits Private Limitedthis company | ₹24,000 (FY 2016) | -₹60,043 | -250.2% | Koothattukulam, Kerala, India | ||
| Innoven Capital India Private Limited | ₹24,000 (FY 2024) | -100.0% | Mumbai, Maharashtra, India | |||
| Mandap Infratech Private Limited | ₹24,000 (FY 2025) | 140.0% | New Delhi, Delhi, India | |||
| Ampm Nidhi Limited | ₹24,000 (FY 2021) | Raipur, Chhattisgarh, India | ||||
| Signature Manufacturing Private Limited | ₹24,000 (FY 2025) | Bhubaneswar, Odisha, India | ||||
| Divyahr Nidhi Limited | ₹24,000 (FY 2019) | Siwan, Bihar, India | ||||
| Instant Capitro India Nidhi Limited | ₹24,000 (FY 2021) | -45.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Welkin Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Welkin Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welkin 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 Welkin Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Welkin Chits Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Saji Sebastian was appointed as Director on 16 Jul 2015.
Frequently asked questions
Welkin 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.
Welkin Chits was a private limited company based in Koothattukulam, Kerala, India. The company worked in financial activities, within the financial services industry. It was incorporated on 16 July 2015 and is registered under CIN U65992KL2015PTC038854. The company has been struck off by the Registrar of Companies and is no longer operational.
Welkin Chits had 3 directors:
- Saji Sebastian - Director
- Sreedharan Kunnal Sathyan - Director
- Shoby Jose - Director
The CIN (Corporate Identification Number) of Welkin Chits is U65992KL2015PTC038854. 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 Welkin Chits is at Kp. IV53 Edaputhusseril Building Marygiri Junction M.C. Road, Koothattukulam, Kerala, India – 686662.
Welkin Chits was incorporated on 16 July 2015. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Welkin Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from FY 2016 are in the company report.
Welkin Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Welkin Chits by revenue are Samam Chits Private Limited, Sahjanand Nidhi Limited, Kuro India Mutual Benefit Nidhi Limited, RCK Chits Private Limited, Innoven Capital India Private Limited and 5 more, all in the same principal business activity (other financial activities).
Saji Sebastian was appointed as Director on 16 Jul 2015. Shoby Jose was appointed as Director on 16 Jul 2015. Sreedharan Kunnal Sathyan was appointed as Director on 16 Jul 2015.
The compliance status of Welkin Chits is active non-compliant as of 29 August 2026.