
Chetan Associates Private Limited
About Chetan Associates Private Limited
Data last updated:
Chetan Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 26 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC233822. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suchita Pandarinath Indulkar and Pandarinath Laxman Indulkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Indulkar Palace Bunglow No. 234 / 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091.
As per the financials filed for FY 2019, the company reported a revenue of ₹93,150, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹30,951 (net margin 33.2%) and EBITDA of ₹31,600 (EBITDA margin 33.9%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 58% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chetan Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndulkar Palace Bunglow No. 234 / 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Chetan Associates Private Limited, buy the company report.
- 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
Business activity
The main business activity of Chetan Associates is support service to organizations. In detail, this covers housekeeping & maintenance service, office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Chetan Associates Private Limited, buy the company report.
Financials of Chetan Associates Private Limited
FY 2019 filings availableChetan Associates Private Limited reported revenue of ₹93,150 (up 132% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 132% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 217% 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
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| EBITDA | ₹31,600 | ||||
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| Net Profit (PAT) | ₹30,951 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 33.9% | ||||
| Net Profit Margin | 33.2% | ||||
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To see the full financial statements and ratios of Chetan Associates Private Limited, buy the company report.
Board of directors of Chetan Associates Private Limited
Chetan Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchita Pandarinath Indulkar | Director | 26 Jul 2012 | 14 Years 3 Months | Current |
| Pandarinath Laxman Indulkar | Director | 26 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Chetan Associates Private Limited is audited by SDA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDA & ASSOCIATES | FY 2017 | 120759W |
Shareholding
The shareholding of Chetan Associates Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chetan Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chetan Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chetan Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chetan Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chetan Associates Private Limited, buy the company report.
Recent activity
Chetan Associates Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Pandarinath Laxman Indulkar was appointed as Director on 26 Jul 2012.
Frequently asked questions
Chetan Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 26 July 2012 (14+ years old) and is registered under CIN U74120MH2012PTC233822.
Chetan Associates has 2 current directors:
- Suchita Pandarinath Indulkar - Director
- Pandarinath Laxman Indulkar - Director
The latest financial statements of Chetan Associates on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Chetan Associates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chetan Associates is U74120MH2012PTC233822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chetan Associates was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Pandarinath Laxman Indulkar was appointed as Director on 26 Jul 2012. Suchita Pandarinath Indulkar was appointed as Director on 26 Jul 2012.
The registered office of Chetan Associates is at Indulkar Palace Bunglow No. 234 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091.
Chetan Associates operates in the business outsourcing industry, in the business process outsourcing segment.
The compliance status of Chetan Associates is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.

