Palatty Millennium Chits Limited

Founded in 2000 and headquartered in Kerala, India.

2000 | Ernakulam, Kerala (India) | Active
Last Updated: December 12, 2024

Palatty Millennium Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.38 M
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 18.09%
  • Profit Growth 55.56%
  • Ebitda 3.97%
  • Net Worth 2.16%
  • Total Assets 20.86%

About Palatty Millennium Chits

Palatty Millennium Chits Limited (PMCL) is a Public Limited Indian Non-Government Company incorporated in India on 15 December 2000 and has a history of 24 years and two months. Its registered office is in Ernakulam, 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 Cr and a paid-up capital of Rs 7.38 M, as per Ministry of Corporate Affairs (MCA) records.

Jose Hormise, Palatty John, Devy Chacko, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KL2000PLC014412

  • Company No.

    014412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2000

  • Date of AGM

    28 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 Palatty Millennium Chits?

Executive Team (1)

Name Designation Appointment Date Status
Jose Hormise Country flag representing In Managing Director 01-Jun-2002 Current

Board Members (8)

Name Designation Appointment Date Status
Palatty John Country flag representing In Director 15-Dec-2000 Current
Devy Chacko Country flag representing In Director 15-Dec-2000 Current
Jose Paulo Country flag representing In Director 15-Dec-2000 Current
Jijo Thomas Country flag representing In Director 30-Sep-2013 Current
Martin Chacko Country flag representing In Director 30-Sep-2013 Current
Mathew Hormis Country flag representing In Director 29-Sep-2018 Current

Financial Performance of Palatty Millennium Chits.

Palatty Millennium Chits Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 18.09% increase. The company also saw a substantial improvement in profitability, with a 55.56% increase in profit. The company's net worth moved up by a moderate rise of 2.16%.

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
18.09%
Revenue from Operations
20.53%
Total Assets
20.86%
Profit or Loss
55.56%
Net Worth
2.16%
EBITDA
3.97%

What is the Ownership and Shareholding Structure of Palatty Millennium Chits?

In 2017, Palatty Millennium Chits had a promoter holding of 30.54% and a public holding of 69.46%. 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 Palatty Millennium Chits?

Unlock and access historical data on people associated with Palatty Millennium 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 Palatty Millennium 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 Palatty Millennium 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 Palatty Millennium Chits

Recent activity within the organization

  • Annual General Meeting

    Palatty Millennium Chits Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Joyson Palatty Paul was appointed as a Director was appointed as a Director on 18 Oct 2019 & has been associated with this company since 5 years 4 months .

    18 Oct 2019

  • Director Appointment

    Mathew Hormis was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 6 years 4 months .

    29 Sep 2018

  • Director Appointment

    Prakash Palatty Joseph was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 6 years 4 months .

    29 Sep 2018

  • Director Appointment

    Jijo Thomas was appointed as a Director was appointed as a Director on 30 Sep 2013 & has been associated with this company since 11 years 4 months .

    30 Sep 2013

Frequently asked questions

  • Palatty Millennium Chits Limited was incorporated on 15 Dec 2000.

  • The authorized share capital of Palatty Millennium Chits Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.38 M.

  • Currently 9 directors are associated with Palatty Millennium Chits Limited.

    • Jose Palatty Hormise
    • Palatty Varghese John
    • Devy Palatty Chacko
    • Jose Palatty Paulo
    • Jijo Thomas
    • Martin Chacko
    • Mathew Hormis
    • Prakash Palatty Joseph
    • Joyson Palatty Paul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palatty Millennium Chits Limited is Door No 1/443 (423G) Edassery Building Railway Junction Road, Karukutty India, Ernakulam, Kerala, 683576.

  • The corporate identification number (CIN) of Palatty Millennium Chits Limited is U65992KL2000PLC014412 and the company number is 014412 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Palatty Millennium Chits Limited has risen by 18.09%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Palatty Millennium Chits Limited has experienced an upsurge of 2.16%.

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

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