MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0187258
Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited - consumer electronics & durables in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.35 Cr
▲ 159% YoY
Net profit · FY 2025
₹94.11 Lakh
Net margin 9.1%
EBITDA · FY 2025
₹98.48 Lakh
EBITDA margin 9.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
7
Provident fund records
About Chitsons Design Spaces Private Limited
Data last updated:
Chitsons Design Spaces Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20297MH2009PTC196205. Its GSTIN is 27AADCC7686C1ZJ (Maharashtra). The company holds 4 GST registrations, of which 1 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 including Vilas Somakant Chitnis and Anirudha Vilas Chitnis.
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 Plot No.A – 571 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹94.11 Lakh (net margin 9.1%) and EBITDA of ₹98.48 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 16% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr on record.
Chitsons Design Spaces Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0187258). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20297MH2009PTC196205
Registration Number 196205
Incorporation Date 05 October 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0187258
Key People
Vilas Somakant Chitnis Director Anirudha Vilas Chitnis Director Archana Anirudha Chitnis Director Recognitions & Rankings of Chitsons Design Spaces
Contact details
Chitsons Design Spaces Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.A – 571 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400701
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Chitsons Design Spaces Private Limited, buy the company report.
Comprehensive company report
Chitsons Design Spaces Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Chitsons Design Spaces is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Chitsons Design Spaces Private Limited, buy the company report.
Financials of Chitsons Design Spaces Private Limited
FY 2025 filings availableChitsons Design Spaces Private Limited reported revenue of ₹10.35 Cr (up 159% YoY) for FY 2025.
Revenue · FY 2025
₹10.35 Cr ▲ 159%
Net profit · FY 2025
₹94.11 Lakh margin 9.1%
EBITDA · FY 2025
₹98.48 Lakh margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 45%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 227%
3 years · compounded
▲ 64%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 159% growth in the latest year. EBITDA rose 227% 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 | ₹98.48 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹94.11 Lakh | ||||
| Balance Sheet | |||||
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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 | 9.5% | ||||
| Net Profit Margin | 9.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chitsons Design Spaces Private Limited, buy the company report.
Board of directors of Chitsons Design Spaces Private Limited
Chitsons Design Spaces has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Somakant Chitnis Also directs: Mumbai Heart Clinic and Research Centre, Arvindalini Foundation | Director | 05 Oct 2009 | 17 Years 0 Months | Current |
| Anirudha Vilas Chitnis | Director | 05 Oct 2009 | 17 Years 0 Months | Current |
| Archana Anirudha Chitnis | Director | 25 Aug 2015 | 11 Years 1 Months | Current |
Auditor
Chitsons Design Spaces Private Limited is audited by Karnik & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Karnik & Associates | FY 2023 | 104872W |
Shareholding
The shareholding of Chitsons Design Spaces 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 Chitsons Design Spaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2013 | 10473500 | Bank of Maharashtra | ₹50 Lakh | Open | |
| 31 Mar 2013 | 10482408 | Bank of Maharashtra | ₹3 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Chitsons Design Spaces 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
Chitsons Design Spaces Private Limited has 4 MSME Form 1 returns on record between 2017 and 2021, listing 35 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jamuna Timber Traders | |||
| an individual supplier | |||
| Sharda Stationery & Zerox | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Chitsons Design Spaces Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Chitsons Design Spaces Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Chitsons Design Spaces has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC7686C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chitsons Design Spaces Private Limited, buy the company report.
Recent activity
Chitsons Design Spaces Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Archana Anirudha Chitnis ceased to be Additional Director on 22 Sep 2015.
AGM
Chitsons Design Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chitsons Design Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Archana Anirudha Chitnis ceased to be Additional Director.
Appointed
Archana Anirudha Chitnis was appointed as Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 50.00 Lakh with Charge ID 10473500 was registered on 30 Dec 2013.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 300.00 Lakh with Charge ID 10482408 was registered on 31 Mar 2013.
Appointed
Anirudha Vilas Chitnis was appointed as Director.
Appointed
Vilas Somakant Chitnis was appointed as Director.
Incorporation
05 Oct 2009
Chitsons Design Spaces Private Limited was registered on 05 Oct 2009 with Roc Mumbai Ii & aged 17 years 18 days as per MCA records.
Frequently asked questions
Chitsons Design Spaces is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 October 2009 (17+ years old) and is registered under CIN U20297MH2009PTC196205.
Chitsons Design Spaces has 3 current directors:
- Vilas Somakant Chitnis - Director
- Anirudha Vilas Chitnis - Director
- Archana Anirudha Chitnis - Director
The latest financial statements of Chitsons Design Spaces 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 Chitsons Design Spaces is 27AADCC7686C1ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chitsons Design Spaces is U20297MH2009PTC196205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chitsons Design Spaces was incorporated on 05 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Archana Anirudha Chitnis ceased to be Additional Director on 22 Sep 2015. Archana Anirudha Chitnis was appointed as Director on 25 Aug 2015. Anirudha Vilas Chitnis was appointed as Director on 05 Oct 2009. Chitsons Design Spaces has 4 board changes on record in total.
Yes, Chitsons Design Spaces is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0187258).
Chitsons Design Spaces has 4 MSME Form 1 returns on record between 2017 and 2021, listing 35 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2021.
The registered office of Chitsons Design Spaces is at Plot No.A – 571 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400701.
Chitsons Design Spaces operates in the consumer electronics and durables industry, in the furniture manufacturing segment.