Agasti Chits Private Limited
About Agasti Chits Private Limited
Data last updated:
Agasti Chits Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2012PTC143176.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ram Kashinath Chothave and Nilesh Kondaji Mutadak.
Its last annual general meeting (AGM) was held on 28 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at At Post – Rajur Taluka Akole, Ahmednagar, Maharashtra, India – 422604.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.76 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹3,397 (net margin -1.9%) and EBITDA of -₹2,065 (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressAt Post – Rajur Taluka Akole, Ahmednagar, Maharashtra, India – 422604
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Agasti Chits Private Limited
The main business activity of Agasti Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Agasti Chits Private Limited FY 2020 filings available
Agasti Chits Private Limited reported revenue of ₹1.76 Lakh (up 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Agasti Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 30% growth in the latest year. EBITDA fell 136% 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 of Agasti Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2,065 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,397 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Agasti Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Agasti Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Agasti Chits Private Limited
Agasti Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Kashinath Chothave | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
| Nilesh Kondaji Mutadak | Director | 26 Apr 2012 | 14 Years 5 Months | Current |
Peer Comparison of Agasti Chits Private Limited
Agasti Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahayata Microfinance Private Limited | ₹1.76 Lakh (FY 2016) | •••• | •••• | -90.0% | •••• | Udaipur, Rajasthan, India |
| N.S.J.L. Nidhi Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Pune, Maharashtra, India |
| Indma Transworld Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Sarniv Urban Nidhi Limited | ₹1.76 Lakh (FY 2022) | •••• | •••• | •••• | Buldana, Maharashtra, India | |
| Shrikoleshwar Urban Nidhi Limited | ₹1.76 Lakh (FY 2021) | •••• | •••• | •••• | Beed, Maharashtra, India | |
| Agasti Chits Private Limited this company | ₹1.76 Lakh (FY 2020) | •••• | •••• | 30.0% | •••• | Ahmednagar, Maharashtra, India |
| Sambal Jyoti Nidhi Limited | ₹1.76 Lakh (FY 2023) | •••• | •••• | 26.0% | •••• | Banda, Madhya Pradesh, India |
| Shri Mahavinayak Chits Private Limited | ₹1.76 Lakh (FY 2022) | •••• | •••• | -70.0% | •••• | Gokak, Karnataka, India |
| Green Land Nidhi Limited | ₹1.76 Lakh (FY 2020) | •••• | •••• | 94.0% | •••• | Wadakkanchery, Kerala, India |
| Devika Realtors Private Limited | ₹1.76 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Rajendrasanchya India Nidhi Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Agasti Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Agasti Chits Private Limited
Agasti Chits Private Limited is audited by PAWANKUMAR DARAK AND ASSOCIATE for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAWANKUMAR DARAK AND ASSOCIATE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Agasti Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Agasti Chits Private Limited
Agasti Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Agasti Chits Private Limited
Employment history and EPFO contributions of people linked to Agasti Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Agasti Chits Private Limited
Agasti Chits Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Kishor Sunil Yelmame ceased to be Director on 19 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Agasti Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Agasti Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Agasti Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Agasti Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Agasti Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Agasti Chits Private Limited
Agasti Chits is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 April 2012 (14+ years old) and is registered under CIN U65992PN2012PTC143176.
Agasti Chits reported revenue of ₹1.76 Lakh for FY 2020 (up 30% YoY).
Agasti Chits has 2 current directors:
- Ram Kashinath Chothave - Director
- Nilesh Kondaji Mutadak - Director
Agasti Chits reported a net loss of ₹3,397 (net margin -1.9%) and EBITDA of -₹2,065 (EBITDA margin -1.2%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Agasti Chits is -1% over three years and 4% over five years. In the latest year (FY 2020) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Agasti Chits is U65992PN2012PTC143176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agasti Chits was incorporated on 26 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Agasti Chits by revenue are Sahayata Microfinance Private Limited, N.S.J.L. Nidhi Limited, Indma Transworld Limited, Sarniv Urban Nidhi Limited, Shrikoleshwar Urban Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).
Kishor Sunil Yelmame ceased to be Director on 19 Aug 2017. Ram Kashinath Chothave was appointed as Director on 10 Aug 2017. Nilesh Kondaji Mutadak was appointed as Director on 26 Apr 2012.
The registered office of Agasti Chits is at At Post – Rajur Taluka Akole, Ahmednagar, Maharashtra, India – 422604.
Agasti Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.