Udai Chits Private Limited
About Udai Chits Private Limited
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Udai Chits Private Limited was a private limited company based in Pune, Maharashtra, 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 services and investment segment of the financial services sector. It was incorporated on 18 June 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2013PTC147798.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sashikumar Krishna Pille and Ravikumar Krishnapillai Tharamukalil.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Saikrupa Society Flat No. 11 Sangavi, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2018, the company reported a revenue of ₹34,699, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹802 (net margin 2.3%) and EBITDA of ₹802 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
Company details
Contact details
Udai Chits Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSaikrupa Society Flat No. 11 Sangavi, Pune, Maharashtra, India – 411027
- IndustryFinancial Services, Financial Activities
To see the full contact details of Udai 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 Udai 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 Udai Chits Private Limited, buy the company report.
Financials of Udai Chits Private Limited
FY 2018 filings availableUdai Chits Private Limited reported revenue of ₹34,699 (down 47% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 47% fall in the latest year. EBITDA rose 108% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹802 | |||
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| Tax Expense | ||||
| Net Profit (PAT) | ₹802 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | 2.3% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Udai Chits Private Limited, buy the company report.
Board of directors of Udai Chits Private Limited
Udai Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sashikumar Krishna Pille | Director | 18 Jun 2013 | 13 Years 4 Months | As last reported |
| Ravikumar Krishnapillai Tharamukalil | Director | 18 Jun 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Udai 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 |
|---|---|---|---|---|---|---|
| Briskness Pharmaceutical Traders Private Limited | ₹34,939 (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Dabri Finance Private Limited | ₹34,907 (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Jwaala Chits Private Limited | ₹34,829 (FY 2017) | 101.0% | Thodupuzha, Kerala, India | |||
| BMK Nidhi Limited | ₹34,733 (FY 2022) | Datia, Madhya Pradesh, India | ||||
| Manalikaliamman Securities Private Limited | ₹34,731 (FY 2025) | -34.0% | Salem, Tamil Nadu, India | |||
| Udai Chits Private Limitedthis company | ₹34,699 (FY 2018) | ₹802 | 2.3% | -47.0% | Pune, Maharashtra, India | |
| Waghmare Suresh Nidhi Limited | ₹34,644 (FY 2020) | Nimbi, Pusad, Maharashtra, India | ||||
| RND Wealth Creators Private Limited | ₹34,641 (FY 2025) | -72.0% | Kolkata, West Bengal, India | |||
| Lakshmi Narayan Urban Nidhi Limited | ₹34,585 (FY 2020) | Parbhani, Maharashtra, India | ||||
| Sreedhanapuram Chits Private Limited | ₹34,570 (FY 2019) | 15.0% | Kozhikode, Kerala, India | |||
| Bhushan Capital & Credit Services Private Limited | ₹34,521 (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Udai Chits Private Limited, buy the company report.
Auditor
Udai Chits Private Limited is audited by ANUPAM SHAH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUPAM SHAH & CO | FY 2017 | 107043 |
Shareholding
The shareholding of Udai Chits 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 Udai Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Udai 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 Udai 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 Udai Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Udai Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ravikumar Krishnapillai Tharamukalil was appointed as Director on 18 Jun 2013.
Frequently asked questions
Udai 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.
Udai Chits was a private limited company based in Pune, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 June 2013 and is registered under CIN U65992PN2013PTC147798. The company has been struck off by the Registrar of Companies and is no longer operational.
Udai Chits had 2 directors:
- Sashikumar Krishna Pille - Director
- Ravikumar Krishnapillai Tharamukalil - Director
The CIN (Corporate Identification Number) of Udai Chits is U65992PN2013PTC147798. 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 Udai Chits is at Saikrupa Society Flat No. 11 Sangavi, Pune, Maharashtra, India – 411027.
Udai Chits was incorporated on 18 June 2013. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Udai Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 25 September 2018. Year-wise statements from 2015 are in the company report.
Udai Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Udai Chits by revenue are Briskness Pharmaceutical Traders Private Limited, Dabri Finance Private Limited, Jwaala Chits Private Limited, BMK Nidhi Limited, Manalikaliamman Securities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ravikumar Krishnapillai Tharamukalil was appointed as Director on 18 Jun 2013. Sashikumar Krishna Pille was appointed as Director on 18 Jun 2013.
Udai Chits can be reached at its registered office: Saikrupa Society Flat No. 11 Sangavi, Pune, Maharashtra, India – 411027.