Westar Chits (Kanjani) Private Limited
About Westar Chits (Kanjani) Private Limited
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Westar Chits (Kanjani) Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC035097. Its GSTIN is 32AABCW4497M1ZU (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.42 Cr. It is led by directors including Arimboor Chacku Alexander (Managing Director) and Joseph Ignatious Thanikkal.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No.7/451/C Western Building Ground Floor Kanjany P O, Thrissur, Kerala, India – 680612.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.36 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.1 Lakh (net margin 6.5%) and EBITDA of ₹7.85 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
Court records list 43 cases involving the company, including 43 filed by the company; 21 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Westar Chits (Kanjani) Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.7/451/C Western Building Ground Floor Kanjany P O, Thrissur, Kerala, India – 680612
- IndustryFinancial Services, Financial Activities
To see the full contact details of Westar Chits (Kanjani) 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 Westar Chits (Kanjani) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Westar Chits (Kanjani) Private Limited, buy the company report.
Financials of Westar Chits (Kanjani) Private Limited
FY 2025 filings availableWestar Chits (Kanjani) Private Limited reported revenue of ₹63.36 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 1% growth in the latest year. EBITDA fell 44% 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 | ₹7.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 6.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Westar Chits (Kanjani) Private Limited, buy the company report.
Board of directors of Westar Chits (Kanjani) Private Limited
Westar Chits (Kanjani) has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Ignatious Thanikkal Also directs: Westar Kuries Private Limited, Western Loans and Real Estates Pvt Ltd, Western Gold LLP and 5 more | Director | 23 Sep 2023 | 3 Years 1 Months | Current |
| Ashoken Gopalan Vannery Also directs: Dhanasakthi Gold Power LLP, Kanjany Gold Merchandise LLP, Dhanasakthi Nidhi Limited and 4 more | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Francis Kunnamkudath Antony | Director | 01 Feb 2014 | 12 Years 9 Months | Current |
| Arogyaswamy Porathur Peter | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
| Anthoni Thanikkalchalisseri Varghese | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
| Raphy Arimboor Chacku | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Westar Chits (Kanjani) Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sakserve Private Limited | ₹63.81 Lakh (FY 2025) | -15.0% | Chennai, Tamil Nadu, India | |||
| Sangir Industrial Solutions Private Limited | ₹63.52 Lakh (FY 2024) | 551.0% | Mumbai, Maharashtra, India | |||
| Avisa Wealth Creators Limited | ₹63.43 Lakh (FY 2025) | 104.0% | Indore, Madhya Pradesh, India | |||
| Eprofitzone Fincap Consultant Private Limited | ₹63.42 Lakh (FY 2020) | -12.0% | Bangalore, Karnataka, India | |||
| Westar Chits (Kanjani) Private Limitedthis company | ₹63.36 Lakh (FY 2024) | ₹4.1 Lakh | 6.5% | 1.0% | Thrissur, Kerala, India | |
| Fino Advantedge Wealth Private Limited | ₹63.27 Lakh (FY 2025) | 58.0% | Jaipur, Rajasthan, India | |||
| Riverwood Capital Private Limited | ₹63.24 Lakh (FY 2025) | 11.0% | Indore, Madhya Pradesh, India | |||
| Flowtrade Solutions Private Limited | ₹63.2 Lakh (FY 2024) | 159.0% | Jaipur, Rajasthan, India | |||
| KVRS Healthcare and Investment Advisory Services Private Limited | ₹63.14 Lakh (FY 2024) | 164.0% | Vadodara, Gujarat, India | |||
| Stavan Finstock Private Limited | ₹63.14 Lakh (FY 2025) | -21.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Westar Chits (Kanjani) Private Limited, buy the company report.
Auditor
Westar Chits (Kanjani) Private Limited is audited by SUKUMARAMENON VENUGOPALAN AND SATHI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUKUMARAMENON VENUGOPALAN AND SATHI | FY 2017 | 010710S |
Shareholding
The shareholding of Westar Chits (Kanjani) 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 Westar Chits (Kanjani) Private Limited, buy the company report.
Legal cases
Westar Chits (Kanjani) Private Limited has 43 court cases on record: 43 filed by Westar Chits (Kanjani). 21 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 0 | 21 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Westar Chits (Kanjani) 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 Westar Chits (Kanjani) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Westar Chits (Kanjani) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCW4497M1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Westar Chits (Kanjani) Private Limited, buy the company report.
Recent activity
Westar Chits (Kanjani) Private Limited has 21 board changes on record since 2013: 9 appointments and 12 cessations. The latest: Annie Neelankavil Antony was appointed as Director on 20 Sep 2025.
12 earlier events are in the company report.
Frequently asked questions
Westar Chits (Kanjani) is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 September 2013 (13+ years old) and is registered under CIN U65992KL2013PTC035097.
Westar Chits (Kanjani) has 9 current directors:
- Arimboor Chacku Alexander - Managing Director
- Joseph Ignatious Thanikkal - Director
- Ashoken Gopalan Vannery - Director
- Francis Kunnamkudath Antony - Director
- Arogyaswamy Porathur Peter - Director
- Anthoni Thanikkalchalisseri Varghese - Director
- Raphy Arimboor Chacku - Director
- Joshy Jose Arimbur Verangan - Director
- Annie Neelankavil Antony - Director
The latest financial statements of Westar Chits (Kanjani) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Westar Chits (Kanjani) is 32AABCW4497M1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Westar Chits (Kanjani) is U65992KL2013PTC035097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westar Chits (Kanjani) has 43 court cases on record: 43 filed by the company. 21 are pending.
Westar Chits (Kanjani) was incorporated on 30 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Westar Chits (Kanjani) by revenue are Sakserve Private Limited, Sangir Industrial Solutions Private Limited, Avisa Wealth Creators Limited, Eprofitzone Fincap Consultant Private Limited, Fino Advantedge Wealth Private Limited and 4 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Annie Neelankavil Antony was appointed as Director on 20 Sep 2025. Joshy Jose Arimbur Verangan was appointed as Director on 20 Sep 2025. Mathew Poulose Thanjappan ceased to be Director on 31 Mar 2025. Westar Chits (Kanjani) has 21 board changes on record in total.
The registered office of Westar Chits (Kanjani) is at Door No.7451C Western Building Ground Floor Kanjany P O, Thrissur, Kerala, India – 680612.
Westar Chits (Kanjani) operates in the financial services industry, in the financial activities segment.
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