Initial Chits Private Limited - Company Profile

It is a financial services private limited company based in Faridabad, Haryana, India, established in 2008.
2008 Faridabad, Haryana, India Struck Off
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About Initial Chits Private Limited

Initial Chits Private Limited, a struck off private limited company, was established on 18 December 2008 in Faridabad, Haryana, India. Engaging in financial activities within the financial services sector, it holds CIN: U65992HR2008PTC038627. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Khushbir Singh (Director), Jatinder Kaur (Director). Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 671 Sector - 15, Faridabad, Haryana, 121007.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992HR2008PTC038627

  • Registration Number

    038627

  • Incorporation Date

    18 December 2008

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
Company report

Initial Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Initial Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Initial Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Khushbir Singh Director 18 Dec 2008 Current
Jatinder Kaur Director 18 Dec 2008 Current

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Financial Performance of Initial Chits.

Initial Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Initial Chits revenue growth over time
Initial Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Initial Chits?

In 2017, Initial Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Initial Chits?

Unlock and access historical data on people associated with Initial Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Initial Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Initial Chits Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Initial Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi. was documented.

  • Director Appointment

    Progress on Khushbir Singh was appointed as a Director was appointed as a Director on 18 Dec 2008 & has been associated with this company since 17 years 1 month . was documented.

  • Director Appointment

    The activity Jatinder Kaur was appointed as a Director was appointed as a Director on 18 Dec 2008 & has been associated with this company since 17 years 1 month . was completed.

  • Company Incorporation

    The activity Initial Chits Private Limited was registered on 18 Dec 2008 with Roc Delhi & aged 17 years 1 month as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Initial Chits Private Limited?

The CIN of Initial Chits Private Limited is U65992HR2008PTC038627.

Where is Initial Chits Private Limited headquartered?

Initial Chits Private Limited is headquartered at 671 Sector - 15, Faridabad, Haryana, 121007.

When was Initial Chits Private Limited incorporated?

Initial Chits Private Limited was incorporated on 18 December 2008.

Who are the current directors of Initial Chits Private Limited?

The current directors of Initial Chits Private Limited are

What is the primary industry of Initial Chits Private Limited?

The primary industry of Initial Chits Private Limited is Financial Services.

Is Initial Chits Private Limited a listed company?

Initial Chits Private Limited is unlisted.

What is the capital structure of Initial Chits Private Limited?

The authorized capital of Initial Chits Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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