Nava Punam Chits Private Limited
About Nava Punam Chits Private Limited
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Nava Punam Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC068433. The company has 1 GST registration on record, which is no longer active.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 ₹4 Lakh. It is led by directors Harish Punam and Kavitha.
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 No.265 8th Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.13 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹4.22 Lakh (net margin -197.7%) and EBITDA of -₹4.15 Lakh (EBITDA margin -194.5%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 25% over five years.
Court records list 24 cases involving the company, including 24 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Nava Punam Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.265 8th Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072
- IndustryFinancial Services, Financial Activities
To see the full contact details of Nava Punam 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 Nava Punam 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 Nava Punam Chits Private Limited, buy the company report.
Financials of Nava Punam Chits Private Limited
FY 2019 filings availableNava Punam Chits Private Limited reported revenue of ₹2.13 Lakh (down 82% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 82% fall in the latest year. EBITDA fell 554% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.13 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.22 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -194.5% | ||||
| Net Profit Margin | -197.7% | ||||
| 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 Nava Punam Chits Private Limited, buy the company report.
Board of directors of Nava Punam Chits Private Limited
Nava Punam Chits has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Punam | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
| Kavitha | Director | 18 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Nava Punam 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 |
|---|---|---|---|---|---|---|
| Puchi Infotech Private Limited | ₹2.14 Lakh (FY 2017) | 62.0% | Kolkata, West Bengal, India | |||
| Lokanatha Kuries (Thrissur) Private Limited | ₹2.14 Lakh (FY 2019) | 345.0% | Thrissur, Kerala, India | |||
| M.F.D. Milli Mutual Benefits Nidhi Limited | ₹2.14 Lakh (FY 2023) | 0.0% | Deoband, Uttar Pradesh, India | |||
| Jeevan Sathi Gramin Vikash Nidhi Limited | ₹2.14 Lakh (FY 2024) | -23.0% | Bongaigaon, Assam, India | |||
| Vaishnavi Fincorp Private Limited | ₹2.13 Lakh (FY 2021) | -86.0% | Thane, Maharashtra, India | |||
| Nava Punam Chits Private Limitedthis company | ₹2.13 Lakh (FY 2019) | -₹4.22 Lakh | -197.7% | -82.0% | Bangalore, Karnataka, India | |
| Sangha Shree Investments & Trading Company Limited | ₹2.13 Lakh (FY 2021) | 101.0% | Kolkata, West Bengal, India | |||
| Hasnapuram Mutual Benefit Permanent Fund Ltd | ₹2.13 Lakh (FY 2024) | 33.0% | Tamil Nadu, India | |||
| Sant Vamanbhau Urban Multipurpose Nidhi Limited | ₹2.13 Lakh (FY 2021) | Beed, Maharashtra, India | ||||
| Vital Nutrients Private Limited | ₹2.13 Lakh (FY 2022) | -36.0% | Chandigarh, India | |||
| Realasha Adarsh India Nidhi Limited | ₹2.13 Lakh (FY 2025) | 61.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Nava Punam Chits Private Limited, buy the company report.
Auditor
Nava Punam Chits Private Limited is audited by BRINDASHREEA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRINDASHREEA | FY 2017 | 211436 |
Shareholding
The shareholding of Nava Punam 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 Nava Punam Chits Private Limited, buy the company report.
Legal cases
Nava Punam Chits Private Limited has 24 court cases on record: 24 filed by Nava Punam Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Nava Punam 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 Nava Punam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nava Punam 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 Nava Punam Chits Private Limited, buy the company report.
Recent activity
Nava Punam Chits Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Kavitha ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Nava Punam Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 April 2013 (13+ years old) and is registered under CIN U65992KA2013PTC068433.
Nava Punam Chits has 2 current directors:
- Harish Punam - Director
- Kavitha - Director
The latest financial statements of Nava Punam Chits 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. Nava Punam Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nava Punam Chits is U65992KA2013PTC068433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nava Punam Chits has 24 court cases on record: 24 filed by the company.
Nava Punam Chits was incorporated on 04 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nava Punam Chits by revenue are Puchi Infotech Private Limited, Lokanatha Kuries (Thrissur) Private Limited, M.F.D. Milli Mutual Benefits Nidhi Limited, Jeevan Sathi Gramin Vikash Nidhi Limited, Vaishnavi Fincorp Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kavitha ceased to be Additional Director on 29 Sep 2018. Deepak Vijaya Punam ceased to be Director on 21 Jun 2018. Manjunath Punam ceased to be Director on 21 Jun 2018. Nava Punam Chits has 8 board changes on record in total.
The registered office of Nava Punam Chits is at No.265 8th Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072.
Nava Punam Chits operates in the financial services industry, in the financial activities segment.