Fairman Chits Private Limited
About Fairman Chits Private Limited
Data last updated:
Fairman Chits Private Limited was a private limited company based in 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 financial services and investment segment of the financial services sector. It was incorporated on 04 February 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65992HR1994PTC032217.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Arvinder Singh and Amarjeet Kaur.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 406 Sector 28 Faridabad, Haryana, India – 110008.
As per the financials filed for FY 2018, the company reported a revenue of ₹26,250, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹13,304 (net margin -50.7%) and EBITDA of -₹13,304 (EBITDA margin -50.7%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years.
Company details
Contact details
Fairman Chits Private Limited's registered office is in Haryana.
- Registered Address406 Sector 28 Faridabad, Haryana, India – 110008
- IndustryFinancial Services, Financial Activities
- 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 Fairman Chits 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 Fairman Chits Private Limited, buy the company report.
Financials of Fairman Chits Private Limited
FY 2018 filings availableFairman Chits Private Limited reported revenue of ₹26,250 (down 98% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over three years, including a 98% fall in the latest year. EBITDA rose 96% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Other Income | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹13,304 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13,304 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -50.7% | |||
| Net Profit Margin | -50.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Fairman Chits Private Limited, buy the company report.
Board of directors of Fairman Chits Private Limited
Fairman Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvinder Singh | Director | 04 Feb 1994 | 32 Years 8 Months | As last reported |
| Amarjeet Kaur | Director | 04 Feb 1994 | 32 Years 8 Months | As last reported |
Peer comparison
Fairman Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Varunendra Trading and Agents Private Limited | ₹26,413 (FY 2017) | -95.0% | Kolkata, West Bengal, India | |||
| JVKS Chits Private Limited | ₹26,371 (FY 2024) | -71.0% | Thrissur, Kerala, India | |||
| Anupama Kuries Private Limited | ₹26,349 (FY 2022) | -71.0% | Thrissur, Kerala, India | |||
| Global Exchange Company Private Limited | ₹26,336 (FY 2024) | -100.0% | Thiruvananthapuram, Kerala, India | |||
| Gujarat Shares and Securities Limited | ₹26,310 (FY 2023) | -6.0% | Vadodara, Gujarat, India | |||
| Fairman Chits Private Limitedthis company | ₹26,250 (FY 2018) | -₹13,304 | -50.7% | -98.0% | Haryana, India | |
| BMSL Leasing and Finance Limited | ₹26,200 (FY 2025) | -5.0% | Delhi, India | |||
| Hiwarde & Son's Urban Nidhi Limited | ₹26,137 (FY 2021) | Aurangabad, Maharashtra, India | ||||
| Cocci Lorenzo Clothing Private Limited | ₹26,135 (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| Kudumbakshemam Kuries Private Limited | ₹26,100 (FY 2023) | Thrissur, Kerala, India | ||||
| Gramin Vikas Micro Finance Foundation | ₹26,084 (FY 2024) | 21.0% | Ballia, Uttar Pradesh, India |
To see the full peer comparison of Fairman Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fairman Chits 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
No delayed payments to MSME suppliers are on our record for Fairman Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fairman Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fairman Chits Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Amarjeet Kaur was appointed as Director on 04 Feb 1994.
Frequently asked questions
Fairman Chits 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.
Fairman Chits was a private limited company based in Haryana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 04 February 1994 and is registered under CIN U65992HR1994PTC032217. The company has been struck off by the Registrar of Companies and is no longer operational.
Fairman Chits had 2 directors:
- Arvinder Singh - Director
- Amarjeet Kaur - Director
The CIN (Corporate Identification Number) of Fairman Chits is U65992HR1994PTC032217. 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 Fairman Chits is at 406 Sector 28 Faridabad, Haryana, India – 110008.
Fairman Chits was incorporated on 04 February 1994. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Fairman Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Fairman Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Fairman Chits by revenue are Varunendra Trading and Agents Private Limited, JVKS Chits Private Limited, Anupama Kuries Private Limited, Global Exchange Company Private Limited, Gujarat Shares and Securities Limited and 5 more, all in the same principal business activity (other financial activities).
Amarjeet Kaur was appointed as Director on 04 Feb 1994. Arvinder Singh was appointed as Director on 04 Feb 1994.
The compliance status of Fairman Chits is active non-compliant as of 15 July 2026.
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