Aastik Chit Funds Private Limited
About Aastik Chit Funds Private Limited
Data last updated:
Aastik Chit Funds Private Limited was a private limited company based in Bangalore, Karnataka, 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 monetary intermediation segment of the financial services sector. It was incorporated on 03 February 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65190KA2017PTC099641.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Lalith Kumar and Shivarudrachari Nataraj.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No. 57/36 1st Floor Hosur Main Road Madiwala, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.18 Lakh. For the same year it recorded a net loss of ₹1.89 Lakh (net margin -86.4%) and EBITDA of -₹1.89 Lakh (EBITDA margin -86.4%).
Company details
Contact details
Aastik Chit Funds Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 57/36 1st Floor Hosur Main Road Madiwala, Bangalore, Karnataka, India – 560068
- IndustryFinancial Services, Monetary Intermediation, Bank Intermediatories
- 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 Aastik Chit Funds 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 Aastik Chit Funds Private Limited, buy the company report.
Financials of Aastik Chit Funds Private Limited
FY 2018 filings availableAastik Chit Funds Private Limited reported revenue of ₹2.18 Lakh for FY 2018.
Financial Statement Summary
| Metrics | 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 | -₹1.89 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.89 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 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -86.4% | |
| Net Profit Margin | -86.4% | |
| 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 Aastik Chit Funds Private Limited, buy the company report.
Board of directors of Aastik Chit Funds Private Limited
Aastik Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalith Kumar Also directs: Happytax Consulting Private Limited | Director | 03 Feb 2017 | 9 Years 9 Months | As last reported |
| Shivarudrachari Nataraj | Additional Director | 18 Dec 2021 | 4 Years 10 Months | As last reported |
Peer comparison
Aastik Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Navatheja Chit Funds Private Limited | ₹2.3 Lakh (FY 2024) | Karimnagar, Telangana, India | ||||
| Santhoshi Chit Funds Private Limited | ₹2.29 Lakh (FY 2025) | -95.0% | Hdyerabad, Telangana, India | |||
| Adhvay Preethi Chit Funds Private Limited | ₹2.29 Lakh (FY 2019) | 168.0% | Coimbatore, Tamil Nadu, India | |||
| Annai Kusalambal Chit Funds Private Limited | ₹2.26 Lakh (FY 2016) | -45.0% | Coimbatore, Tamil Nadu, India | |||
| Aastik Chit Funds Private Limitedthis company | ₹2.18 Lakh (FY 2018) | -₹1.89 Lakh | -86.4% | Bangalore, Karnataka, India | ||
| Maadapeedika M B R Chit Funds Private Limited | ₹2.1 Lakh (FY 2021) | -59.0% | Thalassery, Kerala, India | |||
| Kovilpatti Sri Dhanalakshmi Chit Funds Private Limited | ₹2.01 Lakh (FY 2019) | -45.0% | Kovilpatti, Tamil Nadu, India | |||
| Shiva Shivani Chit Funds Private Limited | ₹1.98 Lakh (FY 2024) | -56.0% | Mahabubnagar, Telangana, India |
To see the full peer comparison of Aastik Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aastik Chit Funds 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 Aastik Chit Funds 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 Aastik Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aastik Chit Funds Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Sunil Kumar Ganshyamlal ceased to be Director on 20 Dec 2021.
Frequently asked questions
Aastik Chit Funds 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.
Aastik Chit Funds was a private limited company based in Bangalore, Karnataka, India. The company worked in monetary intermediation, within the financial services industry. It was incorporated on 03 February 2017 and is registered under CIN U65190KA2017PTC099641. The company has been struck off by the Registrar of Companies and is no longer operational.
Aastik Chit Funds had 2 directors:
- Lalith Kumar - Director
- Shivarudrachari Nataraj - Additional Director
The CIN (Corporate Identification Number) of Aastik Chit Funds is U65190KA2017PTC099641. 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 Aastik Chit Funds is at No. 5736 1st Floor Hosur Main Road Madiwala, Bangalore, Karnataka, India – 560068.
Aastik Chit Funds was incorporated on 03 February 2017. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Aastik Chit Funds on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2017 are in the company report.
Aastik Chit Funds operated in the financial services industry, in the monetary intermediation segment. It worked in this industry before it was struck off.
The peers of Aastik Chit Funds by revenue are Navatheja Chit Funds Private Limited, Santhoshi Chit Funds Private Limited, Adhvay Preethi Chit Funds Private Limited, Annai Kusalambal Chit Funds Private Limited, Maadapeedika M B R Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Sunil Kumar Ganshyamlal ceased to be Director on 20 Dec 2021. Shivarudrachari Nataraj was appointed as Additional Director on 18 Dec 2021. Lalith Kumar was appointed as Director on 03 Feb 2017.
The compliance status of Aastik Chit Funds is compliant as of 02 July 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
