Asha Deep Chits Private Limited
About Asha Deep Chits Private Limited
Data last updated:
Asha Deep Chits 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 diversified financial services segment of the financial services sector. It was incorporated on 16 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2011PTC059185. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors including Pooja Narendra Garg (Managing Director) and Mayurgarg Narendra Kumar.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No 89 Bimalakanath Nivas Temple Road 10th Cross Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2017, the company reported a revenue of ₹11,030, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.11 Lakh and EBITDA of -₹60,642. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
Company details
Contact details
Asha Deep Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 89 Bimalakanath Nivas Temple Road 10th Cross Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Asha Deep 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
Financials of Asha Deep Chits Private Limited
FY 2017 filings availableAsha Deep Chits Private Limited reported revenue of ₹11,030 (down 97% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years, including a 97% fall in the latest year. EBITDA rose 71% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11,030 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹60,642 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.11 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Asha Deep Chits Private Limited, buy the company report.
Board of directors of Asha Deep Chits Private Limited
Asha Deep Chits has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Narendra Garg | Managing Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Mayurgarg Narendra Kumar Also directs: Asha Sweet Center Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Theerthachari Also directs: Shrivaaru Exports LLP, First Auction LLP | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Narendra Kumar Kantha Prasad Also directs: Asha Sweet Center Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Basavarajachar Vanisree Thirthachari Also directs: Shrivaaru Exports LLP, First Auction LLP | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
Peer comparison
Asha Deep Chits Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nila Tie-Up Private Limeted | ₹11,100 (FY 2020) | -11.0% | Kolkata, West Bengal, India | |||
| Shri Khaitan Metals Private Limited | ₹11,072 (FY 2023) | -99.0% | Sundergarh Orissa, Odisha, India | |||
| Safe Shield Ad Private Limited | ₹11,055 (FY 2016) | -97.0% | Ahmedabad, Gujarat, India | |||
| JMD Trading and Finance Company Private Limited | ₹11,040 (FY 2017) | -63.0% | New Delhi, Delhi, India | |||
| Nishit Investment Pvt Ltd | ₹11,040 (FY 2024) | 2.0% | Ahmedabad, Gujarat, India | |||
| Asha Deep Chits Private Limitedthis company | ₹11,030 (FY 2017) | -₹2.11 Lakh | -97.0% | Bangalore, Karnataka, India | ||
| Madrid Traders Private Limited | ₹11,015 (FY 2025) | Kolkata, West Bengal, India | ||||
| New Delhi Electronics Private Limited | ₹11,000 (FY 2018) | -8.0% | New Delhi, Delhi, India | |||
| JMT Developers Private Limited | ₹11,000 (FY 2024) | Howrah, West Bengal, India | ||||
| Sonata Vintrade Private Limited | ₹11,000 (FY 2022) | 16.0% | Kolkata, West Bengal, India | |||
| Khatri Fabrics Private Limited | ₹11,000 (FY 2025) | 5.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Asha Deep Chits Private Limited, buy the company report.
Auditor
Asha Deep Chits Private Limited is audited by M S S V & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S S V & CO | FY 2017 | 001987S |
Shareholding
The shareholding of Asha Deep Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asha Deep Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asha Deep 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 Asha Deep Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asha Deep Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asha Deep Chits Private Limited, buy the company report.
Recent activity
Asha Deep Chits Private Limited has 5 board changes on record since 2011: 5 appointments. The latest: Basavarajachar Vanisree Thirthachari was appointed as Director on 16 Jun 2011.
Frequently asked questions
Asha Deep 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.
Asha Deep Chits was a private limited company based in Bangalore, Karnataka, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 16 June 2011 and is registered under CIN U67190KA2011PTC059185. The company has been struck off by the Registrar of Companies and is no longer operational.
Asha Deep Chits had 5 directors:
- Pooja Narendra Garg - Managing Director
- Mayurgarg Narendra Kumar - Director
- Theerthachari - Director
- Narendra Kumar Kantha Prasad - Director
- Basavarajachar Vanisree Thirthachari - Director
The CIN (Corporate Identification Number) of Asha Deep Chits is U67190KA2011PTC059185. 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 Asha Deep Chits is at No 89 Bimalakanath Nivas Temple Road 10th Cross Malleswaram, Bangalore, Karnataka, India – 560003.
Asha Deep Chits was incorporated on 16 June 2011. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Asha Deep Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. Asha Deep Chits has 1 GST registration on record and it is cancelled or inactive.
Asha Deep Chits operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
The peers of Asha Deep Chits by revenue are Nila Tie-Up Private Limeted, Shri Khaitan Metals Private Limited, Safe Shield Ad Private Limited, JMD Trading and Finance Company Private Limited, Nishit Investment Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Basavarajachar Vanisree Thirthachari was appointed as Director on 16 Jun 2011. Mayurgarg Narendra Kumar was appointed as Director on 16 Jun 2011. Narendra Kumar Kantha Prasad was appointed as Director on 16 Jun 2011. Asha Deep Chits has 5 board changes on record in total.
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