Associated Chit Fund Navi Mumbai Private Limited
About Associated Chit Fund Navi Mumbai Private Limited
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Associated Chit Fund Navi Mumbai Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65992MH2020PTC339664. Its GSTIN is 27AATCA4614N1Z4 (Maharashtra).
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Joby Joseph and Vanaja Joby Joseph.
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 Sector 19, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.21 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹23.5 Lakh (net margin -32.1%) and EBITDA of -₹18.5 Lakh (EBITDA margin -25.3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
As per MCA filings, the company has open charges of ₹21.22 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 8 cases are pending.
Company details
Contact details
Associated Chit Fund Navi Mumbai Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF – 09 1st Floor, Haware Centurion Plot No 88 To 91 Sector 19A, Thane, Maharashtra, India – 400706
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Associated Chit Fund Navi Mumbai 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 Associated Chit Fund Navi Mumbai is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Associated Chit Fund Navi Mumbai Private Limited, buy the company report.
Financials of Associated Chit Fund Navi Mumbai Private Limited
FY 2025 filings availableAssociated Chit Fund Navi Mumbai Private Limited reported revenue of ₹73.21 Lakh (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over three years, including 37% growth in the latest year. EBITDA fell 157% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹18.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹23.5 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -25.3% | |||
| Net Profit Margin | -32.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Associated Chit Fund Navi Mumbai Private Limited, buy the company report.
Board of directors of Associated Chit Fund Navi Mumbai Private Limited
Associated Chit Fund Navi Mumbai 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 |
|---|---|---|---|---|
| Joby Joseph | Director | 07 May 2020 | 6 Years 6 Months | Current |
| Vanaja Joby Joseph | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Associated Chit Fund Navi Mumbai Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akkur Financial Chit Corporation Private Limited | ₹74.19 Lakh (FY 2025) | 6.0% | Mayiladuthurai, Tamil Nadu, India | |||
| Cherithekkethil Nidhi Limited | ₹73.31 Lakh (FY 2025) | -67.0% | Alappuzha, Kerala, India | |||
| Associated Chit Fund Navi Mumbai Private Limitedthis company | ₹73.21 Lakh (FY 2024) | -₹23.5 Lakh | -32.1% | 37.0% | Thane, Maharashtra, India | |
| Dindori Chit Fund Private Limited | ₹72.32 Lakh (FY 2025) | 19.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Associated Chit Fund Navi Mumbai Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2022 | 100629719 | Axis Bank Limited | ₹21.22 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Associated Chit Fund Navi Mumbai Private Limited has 8 court cases on record: 8 filed by Associated Chit Fund Navi Mumbai. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 8 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kottayam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kottayam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Sahil Enterprises | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Associated Chit Fund Navi Mumbai Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Associated Chit Fund Navi Mumbai Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Associated Chit Fund Navi Mumbai has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA4614N1Z4 | Maharashtra | Active | 02 Nov 2020 |
To see the full GST registrations and return filing status of Associated Chit Fund Navi Mumbai Private Limited, buy the company report.
Recent activity
Associated Chit Fund Navi Mumbai Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Kizhakayil Mathew Roy ceased to be Director on 26 Apr 2022.
Frequently asked questions
Associated Chit Fund Navi Mumbai is an active private limited company based in Thane, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 May 2020 (6+ years old) and is registered under CIN U65992MH2020PTC339664.
Associated Chit Fund Navi Mumbai has 2 current directors:
- Joby Joseph - Director
- Vanaja Joby Joseph - Director
The latest financial statements of Associated Chit Fund Navi Mumbai on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Associated Chit Fund Navi Mumbai is 27AATCA4614N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Associated Chit Fund Navi Mumbai is U65992MH2020PTC339664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Chit Fund Navi Mumbai has 8 court cases on record: 8 filed by the company. 8 are pending.
Associated Chit Fund Navi Mumbai was incorporated on 07 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associated Chit Fund Navi Mumbai by revenue are Akkur Financial Chit Corporation Private Limited, Cherithekkethil Nidhi Limited, Dindori Chit Fund Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Kizhakayil Mathew Roy ceased to be Director on 26 Apr 2022. Vanaja Joby Joseph was appointed as Director on 16 Mar 2022. Joby Joseph was appointed as Director on 07 May 2020.
The registered office of Associated Chit Fund Navi Mumbai is at F – 09 1st Floor, Haware Centurion Plot No 88 To 91 Sector 19A, Thane, Maharashtra, India – 400706.
Associated Chit Fund Navi Mumbai operates in the financial services industry, in the microfinance institutions segment.
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