Bhaichara Chits Private Limited
About Bhaichara Chits Private Limited
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Bhaichara Chits Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 05 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65992MH2019PTC328912.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Premdas Ramchandra Ramteke and Madhuri Premdas Ramteke.
Its last annual general meeting (AGM) was held on 15 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 125 Flat No 5/2 Datta Apartment Pande Layout Nagpur – 440025, Maharashtra, India – 440025.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,400. For the same year it recorded a net loss of ₹395 (net margin -3.5%) and EBITDA of ₹3,400 (EBITDA margin 29.8%).
Company details
Contact details
Bhaichara Chits Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address125 Flat No 5/2 Datta Apartment Pande Layout Nagpur – 440025, Maharashtra, India – 440025
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Bhaichara 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
Business activity
The main business activity of Bhaichara Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Bhaichara Chits Private Limited
FY 2020 filings availableBhaichara Chits Private Limited reported revenue of ₹11,400 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹11,400 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3,400 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹395 |
| 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 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | 29.8% |
| Net Profit Margin | -3.5% |
| 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 Bhaichara Chits Private Limited, buy the company report.
Board of directors of Bhaichara Chits Private Limited
Bhaichara Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premdas Ramchandra Ramteke Also directs: Grabis Retailers Private Limited | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Madhuri Premdas Ramteke | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Bhaichara Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RSDR Infotech Private Limited | ₹11,500 (FY 2024) | Kolkata, West Bengal, India | ||||
| Vracks Capital Investments Private Limited | ₹11,493 (FY 2015) | -55.0% | Chennai, Tamil Nadu, India | |||
| Navchetana Mahila Urban Multiple Nidhi Limited | ₹11,459 (FY 2020) | Beed, Maharashtra, India | ||||
| Vocation Investments and Securities Private Limited | ₹11,443 (FY 2025) | -11.0% | Delhi, India | |||
| Kitkat Forex Private Limited | ₹11,421 (FY 2025) | 11.0% | Ropar, Punjab, India | |||
| Bhaichara Chits Private Limitedthis company | ₹11,400 (FY 2020) | -₹395 | -3.5% | Nagpur, Maharashtra, India | ||
| Aurelian Commercial Private Limited | ₹11,400 (FY 2017) | -46.0% | Kolkata, West Bengal, India | |||
| Bhuwania Consultancy and Services Pvt Ltd | ₹11,375 (FY 2023) | -75.0% | Kolkata, West Bengal, India | |||
| Usgaonkar Investments Private Limited | ₹11,331 (FY 2025) | -99.0% | Alto Betim, Goa, India | |||
| Daman Commodities Private Limited | ₹11,323 (FY 2023) | Daman, Daman and Diu, India | ||||
| Alfabet Enterprises (OPC) Private Limited | ₹11,295 (FY 2019) | -72.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhaichara Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhaichara 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 Bhaichara Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bhaichara Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhaichara Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Madhuri Premdas Ramteke was appointed as Director on 05 Aug 2019.
Frequently asked questions
Bhaichara Chits is an active private limited company based in Nagpur, Maharashtra, India. The company works in chit fund, within the financial services industry. It was incorporated on 05 August 2019 (7+ years old) and is registered under CIN U65992MH2019PTC328912.
Bhaichara Chits has 2 current directors:
- Premdas Ramchandra Ramteke - Director
- Madhuri Premdas Ramteke - Director
The latest financial statements of Bhaichara Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 October 2020. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Bhaichara Chits is U65992MH2019PTC328912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhaichara Chits was incorporated on 05 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Bhaichara Chits by revenue are RSDR Infotech Private Limited, Vracks Capital Investments Private Limited, Navchetana Mahila Urban Multiple Nidhi Limited, Vocation Investments and Securities Private Limited, Kitkat Forex Private Limited and 5 more, all in the same principal business activity (other financial activities).
Madhuri Premdas Ramteke was appointed as Director on 05 Aug 2019. Premdas Ramchandra Ramteke was appointed as Director on 05 Aug 2019.
The registered office of Bhaichara Chits is at 125 Flat No 52 Datta Apartment Pande Layout Nagpur – 440025, Maharashtra, India – 440025.
Bhaichara Chits operates in the financial services industry, in the chit fund segment.
Bhaichara Chits can be reached at its registered office: 125 Flat No 52 Datta Apartment Pande Layout Nagpur – 440025, Maharashtra, India – 440025.
Bhaichara Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Nagpur.