Great Balaji Chit Fund Private Limited
About Great Balaji Chit Fund Private Limited
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Great Balaji Chit Fund Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65992HR2005PTC035934. Its GSTIN is 07AAJCS4734K1ZZ (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sanghi Chit Fund Private Limited. It is led by directors Rekha Gupta and Avneesh Gupta.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Unit D Sector – B 4144 Ground Floor Green Field Colony, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2021, the company reported a revenue of ₹55.45 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹4,086 (net margin -0.1%) and EBITDA of ₹3.85 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹45.08 Lakh on record. Court records list 32 cases involving the company, including 26 filed by the company and 6 filed against it; 22 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Great Balaji Chit Fund Private Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit D Sector – B 4144 Ground Floor Green Field Colony, Faridabad, Haryana, India – 121001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Great Balaji 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 Great Balaji 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 Great Balaji Chit Fund Private Limited, buy the company report.
Financials of Great Balaji Chit Fund Private Limited
FY 2021 filings availableGreat Balaji Chit Fund Private Limited reported revenue of ₹55.45 Lakh (down 32% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 32% fall in the latest year. EBITDA fell 43% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹55.45 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4,086 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Great Balaji Chit Fund Private Limited, buy the company report.
Board of directors of Great Balaji Chit Fund Private Limited
Great Balaji Chit Fund has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Gupta | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Avneesh Gupta | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Great Balaji Chit Fund Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Runtack Nidhi Limited | ₹55.64 Lakh (FY 2024) | 22.0% | Delhi, India | |||
| Purasaiwakkam Gangatheeshwarar Benefit Nidhi Limited | ₹55.62 Lakh (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Great Balaji Chit Fund Private Limitedthis company | ₹55.45 Lakh (FY 2021) | -₹4,086 | -0.1% | -32.0% | Faridabad, Haryana, India | |
| R.K. Rise Nidhi Limited | ₹54.55 Lakh (FY 2024) | 28.0% | Dholpur, Rajasthan, India | |||
| Kavasa Chit Funds Private Limited | ₹54.53 Lakh (FY 2025) | 14.0% | Secunderabad, Telangana, India | |||
| Pianganga Urban Multipurpose Nidhi Limited | ₹54.33 Lakh (FY 2024) | 23.0% | Nanded, Maharashtra, India |
To see the full peer comparison of Great Balaji Chit Fund Private Limited, buy the company report.
Auditor
Great Balaji Chit Fund Private Limited is audited by AGARWAL ANISH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL ANISH & CO | FY 2021 | 027966N |
Shareholding
The shareholding of Great Balaji Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Great Balaji Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101093759 | Others | ₹45.08 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Great Balaji Chit Fund Private Limited has 32 court cases on record: 26 filed by Great Balaji Chit Fund, 6 filed against it. 22 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 5 | 21 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against M/S Bittoo Bikewala Private Limited | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Great Balaji 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 Great Balaji Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Great Balaji Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCS4734K1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Great Balaji Chit Fund Private Limited, buy the company report.
Recent activity
Great Balaji Chit Fund Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Avneesh Gupta was appointed as Director on 16 Mar 2020.
Frequently asked questions
Great Balaji Chit Fund is an active private limited company based in Faridabad, Haryana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 November 2005 (21+ years old) and is registered under CIN U65992HR2005PTC035934.
Great Balaji Chit Fund has 2 current directors:
- Rekha Gupta - Director
- Avneesh Gupta - Director
The latest financial statements of Great Balaji Chit Fund on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Great Balaji Chit Fund is 07AAJCS4734K1ZZ, registered in Delhi.
The CIN (Corporate Identification Number) of Great Balaji Chit Fund is U65992HR2005PTC035934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Great Balaji Chit Fund has 32 court cases on record: 26 filed by the company and 6 filed against it. 22 are pending. Most are in the district courts.
Great Balaji Chit Fund was incorporated on 29 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Great Balaji Chit Fund by revenue are Runtack Nidhi Limited, Purasaiwakkam Gangatheeshwarar Benefit Nidhi Limited, R.K. Rise Nidhi Limited, Kavasa Chit Funds Private Limited, Pianganga Urban Multipurpose Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Avneesh Gupta was appointed as Director on 16 Mar 2020. Vinod Kumar Saha ceased to be Additional Director on 30 Sep 2019. Avneesh Gupta ceased to be Director on 20 May 2019. Great Balaji Chit Fund has 7 board changes on record in total.
The registered office of Great Balaji Chit Fund is at Unit D Sector – B 4144 Ground Floor Green Field Colony, Faridabad, Haryana, India – 121001.
Great Balaji Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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