Better Life Chits Private Limited

Founded in 1995 and headquartered in Kerala, India.

1995 | Kozhikode, Kerala (India) | Active
Last Updated: January 08, 2025

Better Life Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.96 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024

About Better Life Chits

Better Life Chits Private Limited (BLCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 1995 and has a history of 29 years and three months. Its registered office is in Kozhikode, 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 1.00 M and a paid-up capital of Rs 0.96 M, as per Ministry of Corporate Affairs (MCA) records.

Edakalathur Raphael, Vazhappilly Baby, Chungath Jossey, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KL1995PTC009591

  • Company No.

    009591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1995

  • 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 Better Life Chits?

Executive Team (1)

Name Designation Appointment Date Status
Godfrey Menacheri Country flag representing In Managing Director 25-Sep-2017 Current

Board Members (9)

Name Designation Appointment Date Status
Joy Country flag representing In Director 25-Sep-2017 Current
Edakalathur Raphael Country flag representing In Director 03-Nov-1995 Current
Vazhappilly Baby Country flag representing In Director 03-Nov-1995 Current
Chungath Jossey Country flag representing In Director 29-Nov-1995 Current
Binu Edward Country flag representing In Director 25-Sep-2017 Current
Elexton Lopez Country flag representing In Director 25-Sep-2017 Current

Financial Performance of Better Life Chits.

Better Life Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Better Life Chits?

In 2017, Better Life Chits had a promoter holding of 37.70% and a public holding of 62.30%. 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 Better Life Chits?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Better Life 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 Better Life Chits's trajectory.

Rating

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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 Better Life Chits

Recent activity within the organization

  • Annual General Meeting

    Better Life 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

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

    31 Mar 2024

  • Director Appointment

    Binu Edward was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 7 years 4 months .

    25 Sep 2017

  • Director Appointment

    Elexton Lopez was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 7 years 4 months .

    25 Sep 2017

  • Director Appointment

    Cheriyathu Abraham George was appointed as a Director was appointed as a Director on 25 Sep 2017 & has been associated with this company since 7 years 4 months .

    25 Sep 2017

  • Director Appointment

    Godfrey Bernard Menacheri was appointed as a Managing Director was appointed as a Managing Director on 25 Sep 2017 & has been associated with this company since 7 years 4 months .

    25 Sep 2017

Frequently asked questions

  • Better Life Chits Private Limited was incorporated on 03 Nov 1995.

  • The authorized share capital of Better Life Chits Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.96 M.

  • Currently 10 directors are associated with Better Life Chits Private Limited.

    • Edakalathur Vareed Raphael
    • Vazhappilly Lona Baby
    • Chungath Varghese Jossey
    • Binu Edward
    • Elexton Lopez
    • Cheriyathu Abraham George
    • Godfrey Bernard Menacheri
    • Jolly Peter Chirayath Francis
    • Joy
    • Plathottam Jose Biju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Better Life Chits Private Limited is K M H B S Buildingm Ali Road India, Calicut, Kerala, 673002.

  • The corporate identification number (CIN) of Better Life Chits Private Limited is U65992KL1995PTC009591 and the company number is 009591 as per Ministry of Corporate Affairs (MCA).

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

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