Akshayarithu Chits Private Limited

Provides financial services through chit funds since 2011 in Kerala.

2011 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: January 11, 2025

Akshayarithu Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 61.01%
  • Profit Growth -385.45%
  • Ebitda 112.84%
  • Net Worth -185.13%
  • Total Assets -35.90%

About Akshayarithu Chits

Akshayarithu Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 2011 and has a history of 14 years. Its registered office is in Thiruvananthapuram, Kerala, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeevan Puthiyottil and Praseetha Kandi serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KL2011PTC027351

  • Company No.

    027351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Akshayarithu Chits?

Executive Team (1)

Name Designation Appointment Date Status
Rajeevan Puthiyottil Country flag representing In Managing Director 05-Jan-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Praseetha Kandi Country flag representing In Director 05-Jan-2011 Current

Financial Performance of Akshayarithu Chits.

Akshayarithu Chits Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 61.01% increase. The company also saw a substantial fall in profitability, with a 385.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 185.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
61.01%
Revenue from Operations
Total Assets
-35.90%
Profit or Loss
-385.45%
Net Worth
-185.13%
EBITDA
112.84%

What is the Ownership and Shareholding Structure of Akshayarithu Chits?

In 2017, Akshayarithu 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 Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Akshayarithu Chits?

Akshayarithu Chits has a workforce of 33 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshayarithu 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 Akshayarithu 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.

Latest Updates, News, and FAQs on Akshayarithu Chits

Recent activity within the organization

  • Annual General Meeting

    Akshayarithu Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Akshayarithu Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Rajeevan Puthiyottil was appointed as a Managing Director was appointed as a Managing Director on 05 Jan 2011 & has been associated with this company since 14 years 28 days .

    05 Jan 2011

  • Director Appointment

    Praseetha Madathil Kandi was appointed as a Director was appointed as a Director on 05 Jan 2011 & has been associated with this company since 14 years 28 days .

    05 Jan 2011

  • Company Incorporation

    Akshayarithu Chits Private Limited was registered on 05 Jan 2011 with Roc Ernakulam & aged 14 years 28 days as per MCA records.

    05 Jan 2011

Frequently asked questions

  • Akshayarithu Chits Private Limited was incorporated on 05 Jan 2011.

  • The authorized share capital of Akshayarithu Chits Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Akshayarithu Chits Private Limited.

    • Rajeevan Puthiyottil
    • Praseetha Madathil Kandi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshayarithu Chits Private Limited is Tc 7/671-4 1St Floor Ulloor, Medical College Post India, Thiruvananthapuram, Kerala, 695011.

  • The corporate identification number (CIN) of Akshayarithu Chits Private Limited is U65992KL2011PTC027351 and the company number is 027351 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Akshayarithu Chits Private Limited has risen by 61.01%.

  • As Per 2017 financial reports, 33 employees are currently employed by Akshayarithu Chits Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Akshayarithu Chits Private Limited has experienced an downturn of -185.13%.

  • The most recent Balance Sheet for Akshayarithu Chits Private Limited was filed with the ROC on 31 Mar 2024.