Devart Chits Private Limited
About Devart Chits Private Limited
Data last updated:
Devart Chits Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the financial services sector. It was incorporated on 10 June 1998.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U69972DL1998PTC094384.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Om Vati and Pradesh Kumar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 10/375 Mandoli Extension, New Delhi, Delhi, India – 110093.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.2 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹62,444 (net margin -28.4%) and EBITDA of -₹60,294 (EBITDA margin -27.4%).
Company details
Contact details
Devart Chits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address10/375 Mandoli Extension, New Delhi, Delhi, India – 110093
- IndustryFinancial Services, Consultancy, Financial Activities, Advisory, Financial Brokerage
To see the full contact details of Devart Chits 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 Devart Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Devart Chits Private Limited, buy the company report.
Financials of Devart Chits Private Limited
FY 2018 filings availableDevart Chits Private Limited reported revenue of ₹2.2 Lakh (up 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹60,294 | |||
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| Net Profit (PAT) | -₹62,444 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -27.4% | |||
| Net Profit Margin | -28.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Devart Chits Private Limited, buy the company report.
Board of directors of Devart Chits Private Limited
Devart Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Vati | Director | 10 Jun 1998 | 28 Years 4 Months | As last reported |
| Pradesh Kumar | Director | 01 Jun 2004 | 22 Years 4 Months | As last reported |
| Bhim Singh Raghav | Director | 10 Jun 1998 | 28 Years 4 Months | As last reported |
Peer comparison
Devart Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vitiya Samadhan Nidhi Limited | ₹2.21 Lakh (FY 2019) | Jaipur, Rajasthan, India | ||||
| Eden Commercial Private Limited | ₹2.21 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Gahlot India Nidhi Limited | ₹2.21 Lakh (FY 2020) | Delhi, India | ||||
| SKC Securities Private Limited | ₹2.2 Lakh (FY 2025) | 91.0% | Howrah, West Bengal, India | |||
| Grofinhub Services Private Limited | ₹2.2 Lakh (FY 2024) | -85.0% | Lucknow, Uttar Pradesh, India | |||
| Devart Chits Private Limitedthis company | ₹2.2 Lakh (FY 2018) | -₹62,444 | -28.4% | 4.0% | New Delhi, Delhi, India | |
| Abraham Chits Private Limited | ₹2.2 Lakh (FY 2022) | -45.0% | Kozhencherry, Kerala, India | |||
| Subrat Holdings Private Limited | ₹2.2 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Shubangi Agro & Viniyog Pvt Ltd | ₹2.2 Lakh (FY 2025) | -18.0% | Raipur, Chhattisgarh, India | |||
| Globus Exchange India Private Limited | ₹2.2 Lakh (FY 2020) | -33.0% | Kanpur, Uttar Pradesh, India | |||
| Sanmarg Rural Microbenefit Foundation | ₹2.19 Lakh (FY 2023) | -89.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Devart Chits Private Limited, buy the company report.
Auditor
Devart Chits Private Limited is audited by BRANANDASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRANANDASSOCIATES | FY 2017 | 014544N |
Shareholding
The shareholding of Devart Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devart Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devart Chits 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 Devart Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devart Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devart Chits Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Pradesh Kumar was appointed as Director on 01 Jun 2004.
Frequently asked questions
Devart Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Devart Chits was a private limited company based in New Delhi, Delhi, India. The company worked in consultancy, within the financial services industry. It was incorporated on 10 June 1998 and is registered under CIN U69972DL1998PTC094384. The company has been struck off by the Registrar of Companies and is no longer operational.
Devart Chits had 3 directors:
- Om Vati - Director
- Pradesh Kumar - Director
- Bhim Singh Raghav - Director
The CIN (Corporate Identification Number) of Devart Chits is U69972DL1998PTC094384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devart Chits is at 10375 Mandoli Extension, New Delhi, Delhi, India – 110093.
Devart Chits was incorporated on 10 June 1998. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Devart Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Devart Chits operated in the financial services industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Devart Chits by revenue are Vitiya Samadhan Nidhi Limited, Eden Commercial Private Limited, Gahlot India Nidhi Limited, SKC Securities Private Limited, Grofinhub Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Pradesh Kumar was appointed as Director on 01 Jun 2004. Bhim Singh Raghav was appointed as Director on 10 Jun 1998. Om Vati was appointed as Director on 10 Jun 1998.
The compliance status of Devart Chits is active non-compliant as of 26 September 2026.