Punjab Chits Private Limited
About Punjab Chits Private Limited
Data last updated:
Punjab Chits Private Limited is a private limited company based in Punjab, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65992PB1985PTC006580. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Gaurav Mahajan and Anil Puri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No 5 Ist Floor Pandit Deen Dayal Upadhaya Market Bhandari Bridge Asr, Punjab, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.04 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹2,238 (net margin -0.1%) and EBITDA of ₹1.1 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social MediaLocked
- Registered AddressShop No 5 Ist Floor Pandit Deen Dayal Upadhaya Market Bhandari Bridge Asr, Punjab, India
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Punjab Chits Private Limited
The main business activity of Punjab Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Punjab Chits Private Limited FY 2021 filings available
Punjab Chits Private Limited reported revenue of ₹25.04 Lakh (down 24% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Punjab Chits Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 258% 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 of Punjab Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹1.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,238 | •••• | •••• | •••• | •••• |
| 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 of Punjab Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Punjab Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Punjab Chits Private Limited
Punjab 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 |
|---|---|---|---|---|
| Gaurav Mahajan | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Anil Puri | Director | 16 Jun 1997 | 29 Years 4 Months | Current |
| Subash Mahajan | Director | 16 Jun 1997 | 29 Years 4 Months | Current |
| Tejinder Singh Aurora | Director | 30 Jul 2005 | 21 Years 2 Months | Current |
Peer Comparison of Punjab Chits Private Limited
Punjab Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KNG Enterprises Private Limited | ₹25.07 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Rar Fincare Limited | ₹25.05 Lakh (FY 2022) | •••• | •••• | 139.0% | •••• | Chennai, Tamil Nadu, India |
| Sanyog Suppliers Private Limited | ₹25.04 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Kolkata, West Bengal, India |
| Narmada Financial Consultants Private Limited | ₹25.04 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Bharuch, Gujarat, India |
| A S P Enterprises Private Limited | ₹25.04 Lakh (FY 2025) | •••• | •••• | 134.0% | •••• | Mumbai, Maharashtra, India |
| Punjab Chits Private Limited this company | ₹25.04 Lakh (FY 2021) | •••• | •••• | -24.0% | •••• | Punjab, India |
| Sreeakshayadarani Chits Private Limited | ₹25.03 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Hanamkonda, Telangana, India |
| Kanushi Chits Private Limited | ₹25.02 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Mysore, Karnataka, India |
| KMRS Nidhi Limited | ₹25.02 Lakh (FY 2022) | •••• | •••• | 265.0% | •••• | Dhampur, Uttar Pradesh, India |
| Shrisakshi Chits Private Limited | ₹25.01 Lakh (FY 2021) | •••• | •••• | 51.0% | •••• | Belgaum, Karnataka, India |
| GDR Finance and Leasing Private Limited | ₹25.01 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Punjab Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Punjab Chits Private Limited
Punjab Chits Private Limited is audited by RAJINDER MAHAJAN & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJINDER MAHAJAN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Punjab Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Punjab Chits Private Limited
Punjab Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Punjab Chits Private Limited
Punjab Chits Private Limited has 4 court cases on record: 3 filed by Punjab Chits, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Amritsar, Punjab | Court case (TAPP) | Filed against the company by an individual | Disposed |
| District court, Amritsar, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Amritsar, Punjab | Appeal | Filed by the company against Naresh Enterprises | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Punjab Chits Private Limited
Employment history and EPFO contributions of people linked to Punjab Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Punjab Chits Private Limited
Punjab Chits Private Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Thakar Singh Arora ceased to be Managing Director on 26 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Punjab Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Punjab Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Punjab Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Punjab Chits Private Limited
Punjab Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Punjab Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Punjab Chits Private Limited
Punjab Chits is an active private limited company based in Punjab, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 December 1985 (41+ years old) and is registered under CIN U65992PB1985PTC006580.
Punjab Chits reported revenue of ₹25.04 Lakh for FY 2021 (down 24% YoY).
Punjab Chits has 4 current directors:
- Gaurav Mahajan - Director
- Anil Puri - Director
- Subash Mahajan - Director
- Tejinder Singh Aurora - Director
Punjab Chits reported a net loss of ₹2,238 (net margin -0.1%) and EBITDA of ₹1.1 Lakh (EBITDA margin 4.4%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Punjab Chits is -5% over three years and 15% over five years. In the latest year (FY 2021) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
No. Punjab Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjab Chits is U65992PB1985PTC006580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Chits has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Punjab Chits was incorporated on 17 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punjab Chits by revenue are KNG Enterprises Private Limited, Rar Fincare Limited, Sanyog Suppliers Private Limited, Narmada Financial Consultants Private Limited, A S P Enterprises Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Thakar Singh Arora ceased to be Managing Director on 26 Apr 2021. Gaurav Mahajan was appointed as Director on 19 Mar 2020. Surinder Mahajan ceased to be Director on 03 Mar 2020. Punjab Chits has 6 board changes on record in total.