About Bhimashankar Chits (India) Private Limited
Data last updated:
Bhimashankar Chits (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 26 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2011PTC140872. Its GSTIN is 27AAECB7221K1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sandip Genbhau Argade and Nitin Manohar Bochare.
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 M. No. 5/3448 Shiv Complex Near Sbi Bank Pune – Nasik Highway Manch, Ar, Maharashtra, India – 410503.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.83 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹74,848 (net margin 2.7%) and EBITDA of ₹2.32 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
Court records list 31 cases involving the company, including 31 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhimashankarchits.com.
Company details
Contact details
Bhimashankar Chits (India) Private Limited's registered office is in Pune, Maharashtra. Its website is bhimashankarchits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM. No. 5/3448 Shiv Complex Near Sbi Bank Pune – Nasik Highway Manch, Ar, Maharashtra, India – 410503
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Bhimashankar Chits (India) 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 Bhimashankar Chits (India) 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 Bhimashankar Chits (India) Private Limited, buy the company report.
Financials of Bhimashankar Chits (India) Private Limited
FY 2025 filings availableBhimashankar Chits (India) Private Limited reported revenue of ₹27.83 Lakh (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74,848 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Bhimashankar Chits (India) Private Limited, buy the company report.
Board of directors of Bhimashankar Chits (India) Private Limited
Bhimashankar Chits (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Genbhau Argade Also directs: Niyama Food Consultancy Services LLP | Director | 26 Sep 2011 | 15 Years 1 Months | Current |
| Nitin Manohar Bochare Also directs: Cacao Solutions Private Limited | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Rangnath Kisan Chaskar | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Chetan Vilas Said | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Bhimashankar Chits (India) Private Limited is audited by Sagar Inamdar for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sagar Inamdar | FY 2017 | 124243 |
Shareholding
The shareholding of Bhimashankar Chits (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhimashankar Chits (India) Private Limited, buy the company report.
Legal cases
Bhimashankar Chits (India) Private Limited has 31 court cases on record: 31 filed by Bhimashankar Chits (India). 3 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 0 | 3 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Bhimashankar Chits (India) 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 Bhimashankar Chits (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhimashankar Chits (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB7221K1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhimashankar Chits (India) Private Limited, buy the company report.
Recent activity
Bhimashankar Chits (India) Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Chetan Vilas Said ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Bhimashankar Chits (India) is an active private limited company based in Pune, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 26 September 2011 (15+ years old) and is registered under CIN U65992PN2011PTC140872.
Bhimashankar Chits (India) has 4 current directors:
- Sandip Genbhau Argade - Director
- Nitin Manohar Bochare - Director
- Rangnath Kisan Chaskar - Director
- Chetan Vilas Said - Director
The latest financial statements of Bhimashankar Chits (India) 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 2015 are in the company report.
The GSTIN of Bhimashankar Chits (India) is 27AAECB7221K1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhimashankar Chits (India) is U65992PN2011PTC140872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhimashankar Chits (India) has 31 court cases on record: 31 filed by the company. 3 are pending.
Bhimashankar Chits (India) was incorporated on 26 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Chetan Vilas Said ceased to be Additional Director on 30 Sep 2015. Nitin Manohar Bochare ceased to be Additional Director on 30 Sep 2015. Rangnath Kisan Chaskar ceased to be Additional Director on 30 Sep 2015. Bhimashankar Chits (India) has 8 board changes on record in total.
Bhimashankar Chits (India) can be reached through the website bhimashankarchits.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Bhimashankar Chits (India) is at M. No. 53448 Shiv Complex Near Sbi Bank Pune – Nasik Highway Manch, Ar, Maharashtra, India – 410503.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
