Gurushant Chits Private Limited
About Gurushant Chits Private Limited
Data last updated:
Gurushant Chits Private Limited is a private limited company based in Gadahingalaj, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65999PN2011PTC138151. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Arun Guraling Mangasuli and Sukumar Ashok Jadage.
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 is at Cts No. 493/1& 493/2 Near Mahalaxmi Temple Daddi Complex, Gadahingalaj, Maharashtra, India – 416502.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.06 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹4.73 Lakh (net margin -154.7%) and EBITDA of -₹3.06 Lakh (EBITDA margin -100.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gurushant Chits Private Limited's registered office is in Gadahingalaj, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No. 493/1& 493/2 Near Mahalaxmi Temple Daddi Complex, Gadahingalaj, Maharashtra, India – 416502
- IndustryFinancial Services, Financial Activities
To see the full contact details of Gurushant 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 Gurushant 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 Gurushant Chits Private Limited, buy the company report.
Financials of Gurushant Chits Private Limited
FY 2018 filings availableGurushant Chits Private Limited reported revenue of ₹3.06 Lakh (down 74% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 74% fall in the latest year. EBITDA fell 157% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹3.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.73 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -100.1% | |||
| Net Profit Margin | -154.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Gurushant Chits Private Limited, buy the company report.
Board of directors of Gurushant Chits Private Limited
Gurushant Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Guraling Mangasuli | Director | 15 May 2011 | 15 Years 5 Months | Current |
| Sukumar Ashok Jadage | Director | 04 Jan 2011 | 15 Years 9 Months | Current |
| Abhijit Prabhakar Tupare | Director | 15 May 2011 | 15 Years 5 Months | Current |
| Satish Shankar Mali | Director | 15 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Gurushant 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 |
|---|---|---|---|---|---|---|
| Mva Finance Private Limited | ₹3.07 Lakh (FY 2025) | -75.0% | New Delhi, Delhi, India | |||
| Prayojan Nidhi India Limited | ₹3.07 Lakh (FY 2016) | Sanjay Place, Uttar Pradesh, India | ||||
| Tomar Instalments Private Limited | ₹3.07 Lakh (FY 2017) | -22.0% | Uttar Pradesh, India | |||
| Devi Finserv Private Limited | ₹3.06 Lakh (FY 2025) | -61.0% | Delhi, India | |||
| Manikarnika Chits Private Limited | ₹3.06 Lakh (FY 2025) | -90.0% | Manjeri, Kerala, India | |||
| Gurushant Chits Private Limitedthis company | ₹3.06 Lakh (FY 2018) | -₹4.73 Lakh | -154.7% | -74.0% | Gadahingalaj, Maharashtra, India | |
| Nikand Nidhi Limited | ₹3.06 Lakh (FY 2021) | 2.0% | Etah, Uttar Pradesh, India | |||
| Ankalgi Chits Private Limited | ₹3.05 Lakh (FY 2017) | 66.0% | Gokak, Karnataka, India | |||
| Ambika Forex Private Limited | ₹3.05 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Fulcrum Business Solutions Private Limited | ₹3.05 Lakh (FY 2025) | 484.0% | New Delhi, Delhi, India | |||
| Punnakkaparambil Karthyayani Memorial Kuries Private Limited | ₹3.05 Lakh (FY 2024) | 36.0% | Mala, Kerala, India |
To see the full peer comparison of Gurushant Chits Private Limited, buy the company report.
Auditor
Gurushant Chits Private Limited is audited by S.S.KAMATE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S.KAMATE & ASSOCIATES | FY 2017 | 011403S |
Shareholding
The shareholding of Gurushant Chits 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 Gurushant Chits Private Limited, buy the company report.
Legal cases
Gurushant Chits Private Limited has 12 court cases on record: 9 filed by Gurushant Chits, 3 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 3 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Gurushant Chits Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gurushant Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gurushant Chits 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 Gurushant Chits Private Limited, buy the company report.
Recent activity
Gurushant Chits Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Kadappa Basavanni Magadum ceased to be Director on 06 Jun 2019.
Frequently asked questions
Gurushant Chits is an active private limited company based in Gadahingalaj, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 January 2011 (15+ years old) and is registered under CIN U65999PN2011PTC138151.
Gurushant Chits has 4 current directors:
- Arun Guraling Mangasuli - Director
- Sukumar Ashok Jadage - Director
- Abhijit Prabhakar Tupare - Director
- Satish Shankar Mali - Director
The latest financial statements of Gurushant 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.
No. Gurushant Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gurushant Chits is U65999PN2011PTC138151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurushant Chits has 12 court cases on record: 9 filed by the company and 3 filed against it. 2 are pending.
Gurushant Chits was incorporated on 04 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Gurushant Chits by revenue are Mva Finance Private Limited, Prayojan Nidhi India Limited, Tomar Instalments Private Limited, Devi Finserv Private Limited, Manikarnika Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kadappa Basavanni Magadum ceased to be Director on 06 Jun 2019. Abhijit Prabhakar Tupare was appointed as Director on 15 May 2011. Arun Guraling Mangasuli was appointed as Director on 15 May 2011. Gurushant Chits has 5 board changes on record in total.
The registered office of Gurushant Chits is at Cts No. 4931& 4932 Near Mahalaxmi Temple Daddi Complex, Gadahingalaj, Maharashtra, India – 416502.
Gurushant Chits operates in the financial services industry, in the financial activities segment.