Associated Fincorp & Chits (I) Private Limited - Company Profile

It is a financial services private limited company based in Pune, Maharashtra, India, established in 2016.
2016 Pune, Maharashtra, India Active
Last Updated:
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About Associated Fincorp & Chits (I) Private Limited

Associated Fincorp & Chits (I) Private Limited, a active private limited company, was established on 23 September 2016 in Pune, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U74999PN2016PTC166546. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.75 Cr and a paid-up capital of ₹1.72 Cr.

It upholds a compliant status. Employing 18 professional, Its leadership includes Saji Varkey (Director), Harinarayanan Kandanath Raman (Director), Philip Johnson (Additional Director). Past directors included Saji Varkey, Kizhakayil Mathew Roy, Saraswati Harinarayan Nair. It holds ₹0.55 M open charges and ₹0.55 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sno 150, 151, 153 First Floor Fusion Park Morwadi Pimpri, Pune, Maharashtra, 411018.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999PN2016PTC166546

  • Registration Number

    166546

  • Incorporation Date

    23 September 2016

  • Authorized Capital

    ₹1.75 Cr

  • Paid-Up Capital

    ₹1.72 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.55 M
  • Satisfied Charges ₹ 0.55 M
  • Revenue Growth **** -18.59%
  • Profit Growth **** -1212.85%
  • Ebitda **** -306.40%
  • Net Worth -86.07%
  • Total Assets -25.92%
Company report

Associated Fincorp & Chits (I) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Associated Fincorp & Chits (I) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Associated Fincorp & Chits (I) Private Limited?
Current Directors
Name Designation Appointment Date Status
Saji Varkey Director 28 Feb 2019 Current
Harinarayanan Kandanath Raman Director 15 Dec 2016 Current
Philip Johnson Additional Director 20 Dec 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Nov 2019 Past
Pramod Abcsdd Director 26 May 2021 Past
Pramod Abcsdd Director 15 Dec 2016 Past
Pramod Abcsdd Director 24 Nov 2022 Past
Pramod Abcsdd Additional Director 30 Dec 2017 Past

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Financial Performance of Associated Fincorp & Chits (I).

Associated Fincorp & Chits (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.59% decrease. The company also saw a substantial fall in profitability, with a 1212.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.07%.

Associated Fincorp & Chits (I) revenue growth over time
Associated Fincorp & Chits (I) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -18.59%
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*******
*******
*******
Revenue from Operations
*******
 -15.51%
*******
*******
*******
*******
Total Assets
*******
 -25.92%
*******
*******
*******
*******
Profit or Loss
*******
 -1212.85%
*******
*******
*******
*******
Net Worth
*******
 -86.07%
*******
*******
*******
*******
EBITDA
*******
 -306.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Associated Fincorp & Chits (I)?

Unlock access to Associated Fincorp & Chits (I)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹550,000.00

Satisfied Charges

₹550,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2019 Others ₹0.55 M Satisfied

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How Many Employees Work at Associated Fincorp & Chits (I)?

Associated Fincorp & Chits (I) has a workforce of 18 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Associated Fincorp & Chits (I)
Recent Activity within the Organization
  • Director Appointment

    Progress on Philip Johnson was appointed as a Additional Director was appointed as a Additional Director on 20 Dec 2025 & has been associated with this company since 2 months 28 days . was documented.

  • Charges

    Progress on A charge registered on 30 Sep 2019 via Charge ID 100297416 with Others was fully satisfied on 11 Feb 2025. was documented.

  • Annual General Meeting

    Associated Fincorp & Chits (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Associated Fincorp & Chits (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100297416 was registered on 30 Sep 2019. was completed.

  • Director Appointment

    The activity Saji Varkey was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 7 years 18 days . was completed.

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Frequently Asked Questions
What is the CIN of Associated Fincorp & Chits (I) Private Limited?

The CIN of Associated Fincorp & Chits (I) Private Limited is U74999PN2016PTC166546.

Where is Associated Fincorp & Chits (I) Private Limited headquartered?

Associated Fincorp & Chits (I) Private Limited is headquartered at Sno 150, 151, 153 First Floor Fusion Park Morwadi Pimpri, Pune, Maharashtra, 411018.

When was Associated Fincorp & Chits (I) Private Limited incorporated?

Associated Fincorp & Chits (I) Private Limited was incorporated on 23 September 2016.

Who are the current directors of Associated Fincorp & Chits (I) Private Limited?

The current directors of Associated Fincorp & Chits (I) Private Limited are

What is the primary industry of Associated Fincorp & Chits (I) Private Limited?

The primary industry of Associated Fincorp & Chits (I) Private Limited is Financial And Insurance Service.

Is Associated Fincorp & Chits (I) Private Limited a listed company?

Associated Fincorp & Chits (I) Private Limited is unlisted.

What is the capital structure of Associated Fincorp & Chits (I) Private Limited?

The authorized capital of Associated Fincorp & Chits (I) Private Limited is ₹1.75 Cr, and the paid-up capital is ₹1.72 Cr.

What is the compliance status of Associated Fincorp & Chits (I) Private Limited?

The compliance status of Associated Fincorp & Chits (I) Private Limited is Compliant.

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