About Parayil
39 years at the same address, and the same phone number.
Parayil began in 1987 as a one-man agency marketing UTI schemes from a small office opposite St Martin's Shrine. It is still there, still run by the family, and now helps the children and grandchildren of its first clients.
- Founded
- 1987, by P. K. Martin
- Run by
- P. K. Martin and Abel Martin
- Families
- 3,400+
- Recognitions
- 50+
- Registered
- AMFI mutual fund distributor
P. K. Martin started the business in 1987, when mutual funds in India meant UTI and a household’s savings went into post office schemes, chit funds and gold. He spent the early years explaining, one kitchen table at a time, what a unit was and why a monthly investment could outgrow a recurring deposit.
The shop sign from those years read “Marketing & service for UTI, ICICI, SBI, Tata, Reliance, LIC and other mutual funds; PAN card services”. The word that mattered was service. Clients came back because someone answered the phone, filled the form correctly and followed up on the claim.
Those habits built a book of more than three thousand families across Angamaly, Kalady, Aluva and the Gulf, and a wall of recognition from the fund houses and insurers: UTI’s Chairman’s Club year after year, an All-India second runner-up placing in 2018, MDRT membership, and awards from LIC and National Insurance.
Today Abel Martin works alongside his father. The office has the same address and the same phone number. What has changed is the range under one roof, which is why the sign now says financial supermarket.
The family behind the desk
Two generations, one office
P. K. Martin
Founder, since 1987
Started the business in 1987 marketing UTI schemes, explaining one kitchen table at a time what a unit was and why a monthly investment could outgrow a recurring deposit.
Honoured at UTI's golden jubilee, 2014
Abel Martin
Partner
Works alongside his father at the same desk. In 2025, The Wealth Company honoured both of them for their part in its record ₹2,000 crore debut.
The Wealth Company's record debut, 2025
How we work
How we think about money
Four habits, held for four decades.
We explain before we recommend
You should be able to tell a friend why you hold what you hold. If an idea cannot be explained in plain Malayalam or English, we do not sell it.
Protection first, growth second
Term and health cover come before the first SIP. A plan that collapses at the first hospital bill was never a plan.
Long horizons, boring discipline
The families who have done best with us are the ones who kept SIPs running through 2008, 2013 and 2020. We help you stay the course.
One office, one phone number
39 years at the same address. The person who set up your SIP is the person who will help your children with theirs.
Milestones
From one desk to two generations
A few of the dates that mark the way, most of them hanging on the office wall.
1987
Parayil Agencies opens in Angamaly
P. K. Martin begins marketing and servicing UTI schemes and insurance from a small office opposite St Martin's Shrine.
2009
UTI Chairman's Club
First of many Chairman's Club honours from UTI Mutual Fund, with meets in Jaipur, Sri Lanka, Hong Kong and Shanghai over the following years.
2014
Fifty years of UTI
Recognised by UTI and the Department of Posts as an invaluable partner during UTI's golden jubilee.
2018
All-India second runner-up
Chairman's Club 2017 to 2018, placing among the top distributors in the country.
2020
Highest district sales
UTI's highest sales in Angamaly district, and a topper's certificate for the Tamil Nadu and Kerala region the following year.
2024
Highest sales in index funds
Recognised by UTI for leading index fund sales, alongside continued Club Star Agent honours from National Insurance.
2025
A second generation
Abel Martin joins his father at the desk. The Wealth Company honours both of them for their part in its record ₹2,000 crore debut.
Products we distribute and service
Clients
In their words
“Eleven years in Dubai, and my SIPs, my parents' health policy and every form in between go through one office. I have never had to fly home for paperwork.”
“They explained the basics first and built a plan I could actually follow. Twelve years on, the SIPs are still running.”
“When my father was admitted, one call to the office and the claim was handled. Nobody asked me to chase anything.”
“Through every market fall they kept me invested, and they have never pushed a product I did not need.”
Come and meet us in Angamaly.
The office is opposite St Martin's Shrine, Angamaly South. Call +91 94476 64867 and someone will be there.
Opposite St Martin's Shrine, Angamaly South P.O.
Angamaly, Kerala 683573
- Monday to Friday: 9:00 am to 6:00 pm
- Saturday: 9:00 am to 5:00 pm
Get directions
Ten minutes from Cochin International Airport