CTS Chit Funds Private Limited
About CTS Chit Funds Private Limited
Data last updated:
CTS Chit Funds Private Limited was a private limited company based in Gurgaon, Haryana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 01 April 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U67190HR2009PTC038939. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Tripta Mehta and Chirag Mehta.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Cso 43 Sector 23/23A Local Shopping Centre Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2016, the company reported a revenue of ₹42.97 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 3%) and EBITDA of ₹3.35 Lakh (EBITDA margin 7.8%).
Court records list 4 cases involving the company, including 4 filed by the company.
Company details
Contact details
CTS Chit Funds Private Limited's registered office is in Gurgaon, Haryana.
- Registered AddressCso 43 Sector 23/23A Local Shopping Centre Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Microfinance Institutions
- 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 CTS Chit Funds 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 |
To see the full business activity and turnover split of CTS Chit Funds Private Limited, buy the company report.
Financials of CTS Chit Funds Private Limited
FY 2016 filings availableCTS Chit Funds Private Limited reported revenue of ₹42.97 Lakh (up 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹3.35 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.3 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
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| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.8% | |
| Net Profit Margin | 3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
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To see the full financial statements and ratios of CTS Chit Funds Private Limited, buy the company report.
Board of directors of CTS Chit Funds Private Limited
CTS Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tripta Mehta | Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
| Chirag Mehta | Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
Peer comparison
CTS Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Akshaya Pragathi Chit Funds Private Limited | ₹43.57 Lakh (FY 2023) | 158.0% | Nagamangala, Karnataka, India | |||
| Vedant India Micro Finance Foundation | ₹43.49 Lakh (FY 2025) | -18.0% | Mirzapur, Uttar Pradesh, India | |||
| The Madras Chit Funds Private Limited | ₹43.19 Lakh (FY 2024) | -11.0% | Tamil Nadu, India | |||
| CTS Chit Funds Private Limitedthis company | ₹42.97 Lakh (FY 2016) | ₹1.3 Lakh | 3% | 8.0% | Gurgaon, Haryana, India | |
| Hamsika Chit Funds Private Limited | ₹42.96 Lakh (FY 2021) | -23.0% | Warangal, Telangana, India | |||
| Shuba Shyamala Chit Fund Private Limited | ₹42.89 Lakh (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Ayappakkam TNHB Nidhi Limited | ₹42.82 Lakh (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Vazhakkala Kuries Private Limited | ₹42.68 Lakh (FY 2025) | 18.0% | Ernakulam, Kerala, India | |||
| Srihimagiri Chits Private Limited | ₹42.49 Lakh (FY 2017) | -23.0% | Mancherial, Telangana, India |
To see the full peer comparison of CTS Chit Funds Private Limited, buy the company report.
Legal cases
CTS Chit Funds Private Limited has 4 court cases on record: 4 filed by CTS Chit Funds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Revision petition | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of CTS Chit Funds 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 CTS Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
CTS Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of CTS Chit Funds Private Limited, buy the company report.
Recent activity
CTS Chit Funds Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Chirag Mehta was appointed as Director on 01 Apr 2009.
Frequently asked questions
CTS Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
CTS Chit Funds was a private limited company based in Gurgaon, Haryana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 01 April 2009 and is registered under CIN U67190HR2009PTC038939. The company has been struck off by the Registrar of Companies and is no longer operational.
CTS Chit Funds had 2 directors:
- Tripta Mehta - Director
- Chirag Mehta - Director
The CIN (Corporate Identification Number) of CTS Chit Funds is U67190HR2009PTC038939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of CTS Chit Funds is at Cso 43 Sector 2323A Local Shopping Centre Gurgaon, Haryana, India – 122001.
CTS Chit Funds was incorporated on 01 April 2009. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of CTS Chit Funds on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. CTS Chit Funds has 1 GST registration on record and it is cancelled or inactive.
CTS Chit Funds operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
The peers of CTS Chit Funds by revenue are Akshaya Pragathi Chit Funds Private Limited, Vedant India Micro Finance Foundation, The Madras Chit Funds Private Limited, Hamsika Chit Funds Private Limited, Shuba Shyamala Chit Fund Private Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
CTS Chit Funds has 4 court cases on record: 4 filed by the company.
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