Milap Chit Fund Private Limited
About Milap Chit Fund Private Limited
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Milap Chit Fund Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the support services segment of the services sector. It was incorporated on 12 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65992DL1998PTC093757.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Vikas Chaudhary and Monika Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11/17 Shop No.3 Moti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.94 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹81,430 (net margin -27.7%) and EBITDA of -₹8,350 (EBITDA margin -2.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milap Chit Fund Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11/17 Shop No.3 Moti Nagar, New Delhi, Delhi, India – 110015
- IndustryService, Other Support Services
To see the full contact details of Milap Chit Fund 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 Milap Chit Fund is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Milap Chit Fund Private Limited, buy the company report.
Financials of Milap Chit Fund Private Limited
FY 2025 filings availableMilap Chit Fund Private Limited reported revenue of ₹2.94 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA fell 337% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8,350 | ||||
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| Net Profit (PAT) | -₹81,430 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -27.7% | ||||
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To see the full financial statements and ratios of Milap Chit Fund Private Limited, buy the company report.
Board of directors of Milap Chit Fund Private Limited
Milap Chit Fund has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Chaudhary | Director | 12 May 1998 | 28 Years 5 Months | Current |
| Monika Chaudhary | Director | 09 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Milap Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thottakad Chits Private Limited | ₹3.05 Lakh (FY 2024) | 106.0% | Thottakad, Kerala, India | |||
| Swastik Pragati Nidhi Limited | ₹3.04 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Mastech Nidhi Limited | ₹3.02 Lakh (FY 2024) | 5.0% | West Bengal, India | |||
| Ovidhan Urban Nidhi Limited | ₹2.98 Lakh (FY 2021) | 29.0% | Pune, Maharashtra, India | |||
| Jaguar Hire Purchase Pvt Ltd | ₹2.96 Lakh (FY 2017) | 12.0% | Punjab, India | |||
| Milap Chit Fund Private Limitedthis company | ₹2.94 Lakh (FY 2025) | -₹81,430 | -27.7% | 3.0% | New Delhi, Delhi, India | |
| Rise Operative Nidhi Limited | ₹2.92 Lakh (FY 2025) | 8.0% | Tanur, Kerala, India | |||
| Urochem Trades Pvt Ltd | ₹2.89 Lakh (FY 2020) | 7.0% | Kolkata, West Bengal, India | |||
| Paterson Commodities Private Limited | ₹2.88 Lakh (FY 2025) | 405.0% | Chennai, Tamil Nadu, India | |||
| KPS Finance & Trade Pvt Ltd. | ₹2.82 Lakh (FY 2021) | -1.0% | Kolkata, West Bengal, India | |||
| Radha Ramaiaha Chits Tamilnadu Private Limited | ₹2.82 Lakh (FY 2021) | -68.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Milap Chit Fund Private Limited, buy the company report.
Auditor
Milap Chit Fund Private Limited is audited by BHAGI BHARDWAJ GAUR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAGI BHARDWAJ GAUR & CO. | FY 2017 | 007895N |
Shareholding
The shareholding of Milap Chit Fund 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 Milap Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Milap Chit Fund 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 Milap Chit Fund 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 Milap Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milap Chit Fund Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Rajesh Kohli ceased to be Director on 18 Mar 2019.
Frequently asked questions
Milap Chit Fund is an active private limited company based in New Delhi, Delhi, India. The company works in other support services, within the service industry. It was incorporated on 12 May 1998 (28+ years old) and is registered under CIN U65992DL1998PTC093757.
Milap Chit Fund has 2 current directors:
- Vikas Chaudhary - Director
- Monika Chaudhary - Director
The latest financial statements of Milap Chit Fund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milap Chit Fund is U65992DL1998PTC093757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milap Chit Fund was incorporated on 12 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Milap Chit Fund by revenue are Thottakad Chits Private Limited, Swastik Pragati Nidhi Limited, Mastech Nidhi Limited, Ovidhan Urban Nidhi Limited, Jaguar Hire Purchase Pvt Ltd and 5 more, all in the same principal business activity (financial and credit leasing activities).
Rajesh Kohli ceased to be Director on 18 Mar 2019. Monika Chaudhary ceased to be Additional Director on 29 Sep 2017. Monika Chaudhary was appointed as Director on 09 Feb 2016. Milap Chit Fund has 4 board changes on record in total.
The registered office of Milap Chit Fund is at 1117 Shop No.3 Moti Nagar, New Delhi, Delhi, India – 110015.
Milap Chit Fund operates in the service industry, in the other support services segment.
The compliance status of Milap Chit Fund is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Milap Chit Fund can be reached at its registered office: 1117 Shop No.3 Moti Nagar, New Delhi, Delhi, India – 110015.