Promise Chit Fund Private Limited
About Promise Chit Fund Private Limited
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Promise Chit Fund Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1981PTC011795.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Prashant Narang and Shipra Narang.
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 109 Wing – 1 Hans Bhawan Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.24 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹87,272 (net margin 1.5%) and EBITDA of ₹1.28 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Promise 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 Address109 Wing – 1 Hans Bhawan Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Promise 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 Promise Chit Fund 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 Promise Chit Fund Private Limited, buy the company report.
Financials of Promise Chit Fund Private Limited
FY 2025 filings availablePromise Chit Fund Private Limited reported revenue of ₹57.24 Lakh (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 80% 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 | ₹1.28 Lakh | ||||
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| Net Profit (PAT) | ₹87,272 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Promise Chit Fund Private Limited, buy the company report.
Board of directors of Promise Chit Fund Private Limited
Promise Chit Fund has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Narang | Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Shipra Narang Also directs: Agility Venture Partners LLP, Agility PG Consulting LLP, Agility M Consulting LLP and 5 more | Director | 01 Jan 2005 | 21 Years 10 Months | Current |
Peer comparison
Promise Chit Fund Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with 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 |
|---|---|---|---|---|---|---|
| Sanyog Fin-Lease Private Limited | ₹57.31 Lakh (FY 2025) | -2.0% | Bahalgarh, Haryana, India | |||
| Incap Securities Private Limited | ₹57.29 Lakh (FY 2024) | 116.0% | Ahmedabad, Gujarat, India | |||
| Bonafide Investment&Trading Co Ltd | ₹57.28 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Promise Chit Fund Private Limitedthis company | ₹57.24 Lakh (FY 2025) | ₹87,272 | 1.5% | -31.0% | New Delhi, Delhi, India | |
| Priya Purnima Investments Pvt.Ltd. | ₹57.22 Lakh (FY 2025) | 9.0% | Lucknow, Uttar Pradesh, India | |||
| Advik Finance and Properties Private Limited | ₹57.22 Lakh (FY 2025) | 130.0% | Delhi, India |
To see the full peer comparison of Promise Chit Fund Private Limited, buy the company report.
Auditor
Promise Chit Fund Private Limited is audited by DHARAM TANEJA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARAM TANEJA ASSOCIATES | FY 2022 | 003563N |
Shareholding
The shareholding of Promise Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promise Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promise 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 Promise 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 Promise Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Promise Chit Fund Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Prashant Narang was appointed as Director on 01 Feb 2023.
Frequently asked questions
Promise Chit Fund is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 May 1981 (45+ years old) and is registered under CIN U74899DL1981PTC011795.
Promise Chit Fund has 2 current directors:
- Prashant Narang - Director
- Shipra Narang - Director
The latest financial statements of Promise 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 Promise Chit Fund is U74899DL1981PTC011795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise Chit Fund was incorporated on 29 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promise Chit Fund by revenue are Sanyog Fin-Lease Private Limited, Incap Securities Private Limited, Bonafide Investment&Trading Co Ltd, Priya Purnima Investments Pvt.Ltd, Advik Finance and Properties Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Prashant Narang was appointed as Director on 01 Feb 2023. Prashant Narang ceased to be Director on 20 Apr 2022. Raj Pal Narang ceased to be Director on 20 Apr 2022. Promise Chit Fund has 6 board changes on record in total.
The registered office of Promise Chit Fund is at 109 Wing – 1 Hans Bhawan Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110001.
Promise Chit Fund operates in the financial services industry, in the diversified financial services segment.
The compliance status of Promise Chit Fund is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
Promise Chit Fund can be reached at its registered office: 109 Wing – 1 Hans Bhawan Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110001.
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