Otto Chits Private Limited
About Otto Chits Private Limited
Data last updated:
Otto Chits Private Limited was a private limited company based in Faridabad, Haryana, 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 financial intermediation and lending segment of the financial services sector. It was incorporated on 14 November 1995.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65992HR1995PTC032901.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mahesh Kumar Taneja and Pravesh Sachdeva.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at 1353 Sector – 37, Faridabad, Haryana, India – 121001.
Company details
Contact details
Otto Chits Private Limited's registered office is in Faridabad, Haryana.
- Registered Address1353 Sector – 37, Faridabad, Haryana, India – 121001
- IndustryFinancial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
- 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
Financials of Otto Chits Private Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Otto Chits Private Limited, buy the company report.
Board of directors of Otto Chits Private Limited
Otto Chits has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Taneja Also directs: Resolve Finance Limited | Director | 30 Apr 2007 | 19 Years 5 Months | As last reported |
| Pravesh Sachdeva | Director | 30 Apr 2007 | 19 Years 5 Months | As last reported |
| Sameer Gandhi | Director | 30 Apr 2007 | 19 Years 5 Months | As last reported |
| Ritu Taneja Also directs: Resolve Finance Limited, Resolve Chits Private Limited | Director | 30 Apr 2007 | 19 Years 5 Months | As last reported |
Legal cases
No court or tribunal cases involving Otto 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 Otto 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 Otto Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Otto Chits Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Jatinder Kaur ceased to be Director on 30 Apr 2007.
Frequently asked questions
Otto 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.
Otto Chits was a private limited company based in Faridabad, Haryana, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 14 November 1995 and is registered under CIN U65992HR1995PTC032901. The company has been struck off by the Registrar of Companies and is no longer operational.
Otto Chits had 4 directors:
- Mahesh Kumar Taneja - Director
- Pravesh Sachdeva - Director
- Sameer Gandhi - Director
- Ritu Taneja - Director
The CIN (Corporate Identification Number) of Otto Chits is U65992HR1995PTC032901. 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 Otto Chits is at 1353 Sector – 37, Faridabad, Haryana, India – 121001.
Otto Chits was incorporated on 14 November 1995. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Otto Chits on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.
Otto Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
Jatinder Kaur ceased to be Director on 30 Apr 2007. Khushbir Singh ceased to be Director on 30 Apr 2007. Mahesh Kumar Taneja was appointed as Director on 30 Apr 2007. Otto Chits has 6 board changes on record in total.
Otto Chits can be reached at its registered office: 1353 Sector – 37, Faridabad, Haryana, India – 121001.