Ganga Chit Fund Private Limited
About Ganga Chit Fund Private Limited
Data last updated:
Ganga Chit Fund Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 August 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65992UP1968PTC003210. Its GSTIN is 09AAACG5006F1Z0 (Uttar Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jyoti Lal Bhatia (Managing Director) and Naveen Kumar Bhatia.
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 111/72 Ashok Nagar, Kanpur, Uttar Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.75 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹94.68 Lakh (net margin 34.4%) and EBITDA of ₹1.18 Cr (EBITDA margin 42.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ganga Chit Fund Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address111/72 Ashok Nagar, Kanpur, Uttar Pradesh, India
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Ganga Chit Fund 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 Ganga Chit Fund 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 Ganga Chit Fund Private Limited, buy the company report.
Financials of Ganga Chit Fund Private Limited
FY 2025 filings availableGanga Chit Fund Private Limited reported revenue of ₹2.75 Cr (up 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 49% growth in the latest year. EBITDA rose 95% 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 | ₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹94.68 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 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.9% | ||||
| Net Profit Margin | 34.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ganga Chit Fund Private Limited, buy the company report.
Board of directors of Ganga Chit Fund Private Limited
Ganga Chit Fund has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Lal Bhatia | Managing Director | 30 Nov 1979 | 46 Years 11 Months | Current |
| Naveen Kumar Bhatia Also directs: Ganges Chit Fund Private Limited | Director | 20 Jul 2004 | 22 Years 3 Months | Current |
| Neetu Bhatia Also directs: Ganges Chit Fund Private Limited | Director | 04 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Ganga Chit Fund Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| JMBF Kumbakonam Nidhi Limited | ₹2.83 Cr (FY 2025) | 35.0% | Kumbakonam, Tamil Nadu, India | |||
| Sri Masani Amman Thunai Chit Funds Kovai Private Limited | ₹2.82 Cr (FY 2024) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Adhisesan Pettai Benefit Fund Nidhi Limited | ₹2.8 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India | |||
| Resource India Kuries Private Limited | ₹2.79 Cr (FY 2025) | -12.0% | Thrissur, Kerala, India | |||
| Ganga Chit Fund Private Limitedthis company | ₹2.75 Cr (FY 2025) | ₹94.68 Lakh | 34.4% | 49.0% | Kanpur, Uttar Pradesh, India | |
| Rishi Ganga Nidhi Limited | ₹2.72 Cr (FY 2024) | 0.0% | Tehri Garhwal, Uttarakhand, India | |||
| Saisamriddhi Micro Finance Association | ₹2.72 Cr (FY 2024) | 265.0% | Gurgaon, Haryana, India | |||
| Tirunelveli Aca Chits Private Limited | ₹2.7 Cr (FY 2024) | 15.0% | Junction, Tamil Nadu, India | |||
| Indiranagar Chit Fund and Trading Co Private Limited | ₹2.68 Cr (FY 2017) | 8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ganga Chit Fund Private Limited, buy the company report.
Auditor
Ganga Chit Fund Private Limited is audited by NAND RAJ & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAND RAJ & ASSOCIATES | FY 2020 | 003486C |
Shareholding
The shareholding of Ganga Chit Fund Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ganga Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2024 | 101051220 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 25 Mar 2022 | 100574795 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ganga Chit Fund Private Limited has 2 court cases on record: 1 filed by Ganga Chit Fund, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Ganga Chit Fund 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 Ganga Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ganga Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACG5006F1Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ganga Chit Fund Private Limited, buy the company report.
Recent activity
Ganga Chit Fund Private Limited has 5 board changes on record since 1979: 4 appointments and 1 cessation. The latest: Neetu Bhatia was appointed as Director on 04 Aug 2025.
Frequently asked questions
Ganga Chit Fund is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 August 1968 (58+ years old) and is registered under CIN U65992UP1968PTC003210.
Ganga Chit Fund has 3 current directors:
- Jyoti Lal Bhatia - Managing Director
- Naveen Kumar Bhatia - Director
- Neetu Bhatia - Director
The latest financial statements of Ganga Chit Fund 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 Ganga Chit Fund is 09AAACG5006F1Z0, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Ganga Chit Fund is U65992UP1968PTC003210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganga Chit Fund has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Ganga Chit Fund was incorporated on 23 August 1968, making it 58+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Ganga Chit Fund by revenue are JMBF Kumbakonam Nidhi Limited, Sri Masani Amman Thunai Chit Funds Kovai Private Limited, Adhisesan Pettai Benefit Fund Nidhi Limited, Resource India Kuries Private Limited, Rishi Ganga Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Neetu Bhatia was appointed as Director on 04 Aug 2025. Sheetal Bhatia ceased to be Director on 04 Aug 2025. Naveen Kumar Bhatia was appointed as Director on 20 Jul 2004. Ganga Chit Fund has 5 board changes on record in total.
The registered office of Ganga Chit Fund is at 11172 Ashok Nagar, Kanpur, Uttar Pradesh, India.
Ganga Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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