Chirag Operating Lease Co. Private Limited
About Chirag Operating Lease Co. Private Limited
Data last updated:
Chirag Operating Lease Co. Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 07 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71200MH2014PTC255886. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chetan Kamlakar Adurkar and Digamber Jadhav Dnyaneshwar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No. 27 01st Floor Krisha Arcade, Yashwant Shrusti Khaira Boisar Tal. & Dist. Palghar, Maharashtra, India – 401501.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.23 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹11.76 Cr and EBITDA of -₹10.19 Lakh.
As per MCA filings, the company has open charges of ₹223.13 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chirag Operating Lease Co. Private Limited's registered office is in Palghar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 27 01st Floor Krisha Arcade, Yashwant Shrusti Khaira Boisar Tal. & Dist. Palghar, Maharashtra, India – 401501
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Chirag Operating Lease Co. 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
Financials of Chirag Operating Lease Co. Private Limited
FY 2023 filings availableChirag Operating Lease Co. Private Limited reported revenue of ₹1.23 Lakh (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 118% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.23 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.76 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chirag Operating Lease Co. Private Limited, buy the company report.
Board of directors of Chirag Operating Lease Co. Private Limited
Chirag Operating Lease Co has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Kamlakar Adurkar | Director | 24 Apr 2022 | 4 Years 6 Months | Current |
| Digamber Jadhav Dnyaneshwar | Director | 25 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Chirag Operating Lease Co. Private Limited is audited by Ashok Bairagra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Bairagra & Associates | FY 2023 | 118677W |
Shareholding
The shareholding of Chirag Operating Lease Co. 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 Operating Lease Co. Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2019 | 100263399 | Others | ₹223.13 Cr | Open |
To see the full charge records of Chirag Operating Lease Co. Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Chirag Operating Lease Co. Private Limited has 1 court case on record: 1 filed by Chirag Operating Lease Co. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Chirag Operating Lease Co. 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 Operating Lease Co. Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Chirag Operating Lease Co has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Chirag Operating Lease Co has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chirag Operating Lease Co. Private Limited, buy the company report.
Recent activity
Chirag Operating Lease Co. Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Digamber Jadhav Dnyaneshwar ceased to be Additional Director on 29 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
Chirag Operating Lease Co is an active private limited company based in Palghar, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 07 July 2014 (12+ years old) and is registered under CIN U71200MH2014PTC255886.
Chirag Operating Lease Co has 2 current directors:
- Chetan Kamlakar Adurkar - Director
- Digamber Jadhav Dnyaneshwar - Director
The latest financial statements of Chirag Operating Lease Co on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Chirag Operating Lease Co has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Chirag Operating Lease Co is U71200MH2014PTC255886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Operating Lease Co has 1 court case on record: 1 filed by the company.
Chirag Operating Lease Co was incorporated on 07 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Digamber Jadhav Dnyaneshwar ceased to be Additional Director on 29 Sep 2023. Ashok Gordhandas Sarda ceased to be Director on 25 Aug 2023. Digamber Jadhav Dnyaneshwar was appointed as Director on 25 Aug 2023. Chirag Operating Lease Co has 12 board changes on record in total.
The registered office of Chirag Operating Lease Co is at Shop No. 27 01st Floor Krisha Arcade, Yashwant Shrusti Khaira Boisar Tal. & Dist. Palghar, Maharashtra, India – 401501.
Chirag Operating Lease Co operates in the financial services industry, in the equipment leasing and financing segment.
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