About Amrit Cic Private Limited
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Amrit Cic Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65990PB2018PTC048679. Its GSTIN is 03AARCA6042J2ZL (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.39 Cr. It is led by directors Ajit Pal Singh and Pawanjeet Kaur.
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 Jay Ess Towers Cool Road Opposite Idbi Bank, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Cr (net margin 64.7%) and EBITDA of ₹2.38 Cr (EBITDA margin 97.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 439% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amritmalwacapital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJay Ess Towers Cool Road Opposite Idbi Bank, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Financial Holding 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
- One PDF report, delivered after checkout
Business Activity of Amrit Cic Private Limited
The main business activity of Amrit Cic 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 Amrit Cic Private Limited FY 2025 filings available
Amrit Cic Private Limited reported revenue of ₹2.45 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Amrit Cic Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 439% over five years, including 50% growth in the latest year. EBITDA rose 52% 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 Amrit Cic Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| 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 Amrit Cic Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 64.7% | •••• | •••• | •••• | •••• |
| 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 Amrit Cic are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Amrit Cic Private Limited
Amrit Cic Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minhaj Forex Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Ludhiana, Punjab, India |
| Vark Industries Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| Dakshin Capital Private Limited | ₹2.45 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Chennai, Tamil Nadu, India |
| Vananchal Minerals Private Limited | ₹2.45 Cr (FY 2022) | •••• | •••• | 361.0% | •••• | Hanamkonda, Telangana, India |
| Nandyavarta Financial Services Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 191.0% | •••• | Pune, Maharashtra, India |
| Amrit Cic Private Limited this company | ₹2.45 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Jalandhar, Punjab, India |
| Ontrust Capital Markets Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kolkata, West Bengal, India |
| Tradeair (Ifsc) Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Gift, Gujarat, India |
| Interlink Capital Advisors Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Pune, Maharashtra, India |
| Induja Traders Private Limited | ₹2.44 Cr (FY 2019) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Nedfi Venture Capital Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Amrit Cic by revenue in the BFSI industry (Other Financial Services), 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 Amrit Cic Private Limited
Amrit Cic Private Limited is audited by M.S. Soand & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.S. Soand & 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.
Board of Directors of Amrit Cic Private Limited
Amrit Cic has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Pal Singh Also directs: Amrit Malwa Capital Limited | Director | 26 Nov 2018 | 7 Years 10 Months | Current |
| Pawanjeet Kaur Also directs: Amrit Malwa Capital Limited | Director | 26 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Amrit Cic 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 Amrit Cic Private Limited
Amrit Cic Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Amrit Cic Private Limited
Employment history and EPFO contributions of people linked to Amrit Cic.
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 Amrit Cic Private Limited
Amrit Cic Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ajit Pal Singh was appointed as Director on 26 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Amrit Cic 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 Amrit Cic 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 Amrit Cic 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 Amrit Cic Private Limited
Amrit Cic has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AARCA6042J2ZL | Punjab | Active | 25 Mar 2024 |
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 Amrit Cic 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 Amrit Cic Private Limited
Amrit Cic is an active private limited company based in Jalandhar, Punjab, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U65990PB2018PTC048679.
Amrit Cic reported revenue of ₹2.45 Cr for FY 2024 (up 50% YoY).
Amrit Cic has 2 current directors:
- Ajit Pal Singh - Director
- Pawanjeet Kaur - Director
Amrit Cic reported a net profit of ₹1.58 Cr (net margin 64.7%) and EBITDA of ₹2.38 Cr (EBITDA margin 97.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Amrit Cic is 46% over three years and 439% over five years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Amrit Cic is 03AARCA6042J2ZL, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Amrit Cic is U65990PB2018PTC048679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amrit Cic was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Amrit Cic by revenue are Minhaj Forex Private Limited, Vark Industries Private Limited, Dakshin Capital Private Limited, Vananchal Minerals Private Limited, Nandyavarta Financial Services Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ajit Pal Singh was appointed as Director on 26 Nov 2018. Pawanjeet Kaur was appointed as Director on 26 Nov 2018.
Amrit Cic can be reached through the website amritmalwacapital.com. Its registered office is in Jalandhar, Punjab, India.