Chirag Associates Private Limited
About Chirag Associates Private Limited
Data last updated:
Chirag Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 19 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2003PTC120389. Its GSTIN is 07AACCC3261G1ZZ (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rashmi Verma and Rohan Verma.
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 235 Okhla Industreial Estate Phase III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.92 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹68.99 Lakh (net margin 69.7%) and EBITDA of ₹94.55 Lakh (EBITDA margin 95.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 18 cases involving the company, including 5 filed by the company and 13 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chirag Associates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address235 Okhla Industreial Estate Phase III, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Chirag Associates 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 Chirag Associates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Chirag Associates Private Limited
FY 2025 filings availableChirag Associates Private Limited reported revenue of ₹98.92 Lakh (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 56% fall in the latest year. EBITDA rose 112% 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 |
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| EBITDA | ₹94.55 Lakh | ||||
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| Net Profit (PAT) | ₹68.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 95.6% | ||||
| Net Profit Margin | 69.7% | ||||
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To see the full financial statements and ratios of Chirag Associates Private Limited, buy the company report.
Board of directors of Chirag Associates Private Limited
Chirag Associates has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Verma Also directs: C.E. Info Systems Limited, Clarityx Analytics Private Limited | Director | 31 May 2022 | 4 Years 5 Months | Current |
| Rohan Verma Also directs: C.E. Info Systems Limited, Zenithra Tech Private Limited, Infidreams Digital Private Limited and 4 more | Director | 24 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Chirag Associates Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metro Steel Rolling Mills Private Limited | ₹99.35 Lakh (FY 2017) | 5.0% | Chennai, Tamil Nadu, India | |||
| Goldkeys Properties Private Limited | ₹99.3 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Tulsi Property Private Limited | ₹99.02 Lakh (FY 2024) | 74.0% | Ahmedabad, Gujarat, India | |||
| Chirag Associates Private Limitedthis company | ₹98.92 Lakh (FY 2025) | ₹68.99 Lakh | 69.7% | -56.0% | New Delhi, Delhi, India | |
| Tribune Hotels Private Limited | ₹98.9 Lakh (FY 2022) | 1.0% | Hyderab Ad, Telangana, India | |||
| J K Avtar Industries (I) Private Limited | ₹98.89 Lakh (FY 2025) | 26.0% | Jorabat, Assam, India |
To see the full peer comparison of Chirag Associates Private Limited, buy the company report.
Auditor
Chirag Associates Private Limited is audited by GUPTA AJAY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA AJAY & ASSOCIATES | FY 2023 | 022319N |
Shareholding
The shareholding of Chirag Associates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chirag Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2023 | 100843135 | Axis Bank Limited | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Chirag Associates Private Limited has 18 court cases on record: 5 filed by Chirag Associates, 13 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 12 | 1 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Moser Baer India Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Municipal Corporation of Delhi | Pending |
| High Court of Delhi | Writ petition | Filed by the company against South Delhi Municipal Corporation | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against individuals | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by South Delhi Municipal Corporation | Disposed |
To see the full case history of Chirag Associates 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 Chirag Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chirag Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCC3261G1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chirag Associates Private Limited, buy the company report.
Recent activity
Chirag Associates Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Rohan Verma ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Chirag Associates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 19 May 2003 (23+ years old) and is registered under CIN U45201DL2003PTC120389.
Chirag Associates has 2 current directors:
- Rashmi Verma - Director
- Rohan Verma - Director
The latest financial statements of Chirag Associates 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 Chirag Associates is 07AACCC3261G1ZZ, registered in Delhi.
The CIN (Corporate Identification Number) of Chirag Associates is U45201DL2003PTC120389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Associates has 18 court cases on record: 5 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Chirag Associates was incorporated on 19 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Chirag Associates by revenue are Metro Steel Rolling Mills Private Limited, Goldkeys Properties Private Limited, Tulsi Property Private Limited, Tribune Hotels Private Limited, J K Avtar Industries (I) Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Rohan Verma ceased to be Additional Director on 29 Sep 2025. Rohan Verma was appointed as Director on 24 Feb 2025. Rakesh Kumar Verma ceased to be Additional Director on 04 Aug 2023. Chirag Associates has 11 board changes on record in total.
The registered office of Chirag Associates is at 235 Okhla Industreial Estate Phase III, New Delhi, Delhi, India – 110020.
Chirag Associates operates in the financial services industry, in the real estate financing segment.
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