About Northeast Chit Fund Services
Northeast Chit Fund Services is a Financial Services company based in Secunderabad (India). It provides chit fund plans for secure investment and financial savings. It operates on a B2C model. The company has 23 employees. Its Indian entity Northeast Chit Fund Services Private Limited reported revenue of ₹14.62 Cr. Northeast Chit Fund Services offers products and services including Chit Fund Plans. Its focus areas include Finance, Chit Funds, Investment and Savings and Credit. Its competitors include Prudent, Reliance Capital and Equentis Wealth Advisory Services; 2 of its 3 listed competitors have raised funding.
Company details
Northeast Chit Fund Services Private Limited is a leading chit fund company in Hyderabad, operating under the Chit Fund Act. It facilitates rotating savings and credit associations where members contribute regularly and bid for funds. The company emphasizes financial discipline, transparency, and compliance, serving individual investors and businesses. Based in Secunderabad, Telangana, it has a strong track record of over 40 years, helping clients achieve short and long-term financial goals through ethical practices.
- Headquarters Secunderabad, India
- Employees 23
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website northeastworld.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Northeast Chit Fund Services Private Limited
- Date of Incorporation 19 Nov, 2010
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹14.62 Cr
FY 2024 · +32% YoY
- Net Profit₹1.89 Cr
FY 2024 · 13% margin
- EBITDA₹3.66 Cr
FY 2024 · 25% margin
- Employee Count23
Associated legal entities of Northeast Chit Fund Services
Northeast Chit Fund Services operates through Northeast Chit Fund Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Northeast Chit Fund Services Private Limited CIN U93000TG2010PTC071274 | Active | 19 Nov 2010 | Secunderabad, Telangana | ₹14.6 Cr | 23 | 4 | View details |
Products & Services of Northeast Chit Fund Services
Northeast Chit Fund Services offers a comprehensive portfolio of products and services, including Chit Fund Plans.
Rotating savings scheme for regular contributions and early fund access.
Apps and channels of Northeast Chit Fund Services
its YouTube channel Northeast Chit Fund has 71 subscribers and 12 videos.
Videos from Northeast Chit Fund Services
The most watched videos on Northeast Chit Fund Services's YouTube channel, Northeast Chit Fund (71 subscribers). Click a video to play it here.
More on Northeast Chit Fund.
Board of directors of Northeast Chit Fund Services Private Limited (Northeast Chit Fund Services)
Northeast Chit Fund Services Private Limited is the primary company behind Northeast Chit Fund Services. The board of Northeast Chit Fund Services Private Limited currently have 4 directors; the longest-serving is Agarwal Nitin, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Agarwal Nitin DIN 07945656 | Director | 06 May 2019 | 7 yrs 6 mo | Northeast Chit Fund Services Private Limited |
| Naresh Kumar DIN 07454358 | Director | 06 May 2019 | 7 yrs 6 mo | Northeast Chit Fund Services Private Limited |
| Rajendra Kumar Agarwal DIN 03287280 | Director | 31 May 2021 | 5 yrs 5 mo | Northeast Chit Fund Services Private Limited |
| Ritesh Kumar Agarwal DIN 06923972 | Director | 31 May 2021 | 5 yrs 5 mo | Northeast Chit Fund Services Private Limited |
Financials of Northeast Chit Fund Services
Figures of Northeast Chit Fund Services Private Limited, the primary company behind Northeast Chit Fund Services, for FY 2024. Revenue was ₹14.62 Cr (+32% year on year). Net profit was ₹1.89 Cr (13% margin). EBITDA was ₹3.66 Cr (25% margin). Revenue has grown at a compounded annual rate of +54% over three years.
- ₹14.62 CrRevenue · FY 2024 · +32% YoY
- ₹1.89 CrNet profit · 13% margin
- ₹3.66 CrEBITDA · 25% margin
- ₹2.00 CrPaid-up capital
- 23Employees (provident fund records)
- +54%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Northeast Chit Fund Services Private Limited are on its company page.
Detailed financial statements for Northeast Chit Fund Services
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Competitors of Northeast Chit Fund Services
Northeast Chit Fund Services has 3 listed competitors in our database, 2 of them funded. They include Prudent, Reliance Capital and Equentis Wealth Advisory Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| prudentcorporate.com | 2000 | Ahmedabad, India | $138,131 | 677 | Provider of financial products and investment services | |
| reliancecapital.co.in | 1986 | Mumbai, India | 18,360 | Financial services including loans, insurance, and asset management are provided. | ||
| equentis.com | 2015 | Mumbai, India | $10.59M | 1,602 | Investment advisory and research platform |
Detailed competitors of Northeast Chit Fund Services
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Frequently Asked Questions about Northeast Chit Fund Services
Northeast Chit Fund Services is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
Northeast Chit Fund Services has 23 employees.
The primary company behind Northeast Chit Fund Services, Northeast Chit Fund Services Private Limited, reported revenue of ₹14.62 Cr for FY 2024, up 32% year on year.
Northeast Chit Fund Services Private Limited is a leading chit fund company in Hyderabad, operating under the Chit Fund Act. It facilitates rotating savings and credit associations where members contribute regularly and bid for funds. The company emphasizes financial discipline, transparency, and compliance, serving individual investors and businesses. Based in Secunderabad, Telangana, it has a strong track record of over 40 years, helping clients achieve short and long-term financial goals through ethical practices.
Northeast Chit Fund Services's top competitors include Prudent, Reliance Capital and Equentis Wealth Advisory Services.
Northeast Chit Fund Services offers Chit Fund Plans.
Northeast Chit Fund Services operates through Northeast Chit Fund Services Private Limited.
The legal entities of Northeast Chit Fund Services currently have 4 directors, including Agarwal Nitin, Naresh Kumar, Rajendra Kumar Agarwal and others.