Jet Kingdom Chits. Private Limited
About Jet Kingdom Chits. Private Limited
Data last updated:
Jet Kingdom Chits. Private Limited is a private limited company based in Chandrapur, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2011PTC222858.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajesh Narayanrao Polewar and Nilesh Narayan Polewar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C/O Shri Govinda Kshitij Sarkar Arvind Nagar, Chandrapur, Maharashtra, India – 442401.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.95 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹10,464 (net margin 0.3%) and EBITDA of ₹1.44 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
Court records list 95 cases involving the company, including 70 filed by the company and 25 filed against it; 32 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jet Kingdom Chits. Private Limited's registered office is in Chandrapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Shri Govinda Kshitij Sarkar Arvind Nagar, Chandrapur, Maharashtra, India – 442401
- IndustryFinancial Services, Financial Activities
To see the full contact details of Jet Kingdom Chits. 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 Jet Kingdom 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 Jet Kingdom Chits. Private Limited, buy the company report.
Financials of Jet Kingdom Chits. Private Limited
FY 2019 filings availableJet Kingdom Chits. Private Limited reported revenue of ₹31.95 Lakh (up 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 20% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.95 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,464 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jet Kingdom Chits. Private Limited, buy the company report.
Board of directors of Jet Kingdom Chits. Private Limited
Jet Kingdom Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Narayanrao Polewar Also directs: Jet Kingdom (I) Nidhi Limited, Jet Kingdom Estate India Limited | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Nilesh Narayan Polewar Also directs: Jet Kingdom (I) Nidhi Limited | Director | 10 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Jet Kingdom 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 |
|---|---|---|---|---|---|---|
| Yajna Chits Private Limited | ₹32 Lakh (FY 2017) | 2.0% | Mysore, Karnataka, India | |||
| Sri Nandhana Chitfunds Private Limited | ₹32 Lakh (FY 2023) | 127.0% | Munagala, Telangana, India | |||
| Nambakam Saswatha Nidhi Limited | ₹31.99 Lakh (FY 2025) | -17.0% | Chennai, Tamil Nadu, India | |||
| Peringode Nidhi Limited | ₹31.98 Lakh (FY 2024) | 17.0% | Palakkad, Kerala, India | |||
| Crif Connect Private Limited | ₹31.96 Lakh (FY 2025) | 175.0% | Pune, Maharashtra, India | |||
| Jet Kingdom Chits. Private Limitedthis company | ₹31.95 Lakh (FY 2019) | ₹10,464 | 0.3% | 4.0% | Chandrapur, Maharashtra, India | |
| Vyaparavijayam Chitties Private Limited | ₹31.95 Lakh (FY 2024) | 8.0% | Thrissur, Kerala, India | |||
| Century Fiscal Services Ltd | ₹31.94 Lakh (FY 2025) | 27.0% | Ludhiana, Punjab, India | |||
| Elgin Sales Promotion Ltd | ₹31.94 Lakh (FY 2024) | 90.0% | Kolkata, West Bengal, India | |||
| International Resources Limited | ₹31.94 Lakh (FY 2019) | 39.0% | Noida, Uttar Pradesh, India | |||
| Bhillai Holdings Pvt Ltd | ₹31.94 Lakh (FY 2025) | -29.0% | Barabani, West Bengal, India |
To see the full peer comparison of Jet Kingdom Chits. Private Limited, buy the company report.
Auditor
Jet Kingdom Chits. Private Limited is audited by RAMAN NIMKAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAN NIMKAR & CO. | FY 2017 | 124461 |
Shareholding
The shareholding of Jet Kingdom Chits. Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jet Kingdom Chits. Private Limited, buy the company report.
Legal cases
Jet Kingdom Chits. Private Limited has 95 court cases on record: 70 filed by Jet Kingdom Chits, 25 filed against it. 32 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 95 | 25 | 32 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Chandrapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Chandrapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Jet Kingdom Chits. 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 Jet Kingdom 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 Jet Kingdom Chits. Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jet Kingdom Chits. Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Narayan Uttam Polewar ceased to be Director on 10 Jul 2019.
Frequently asked questions
Jet Kingdom Chits is an active private limited company based in Chandrapur, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 October 2011 (15+ years old) and is registered under CIN U67100MH2011PTC222858.
Jet Kingdom Chits has 2 current directors:
- Rajesh Narayanrao Polewar - Director
- Nilesh Narayan Polewar - Director
The latest financial statements of Jet Kingdom Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jet Kingdom Chits is U67100MH2011PTC222858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jet Kingdom Chits has 95 court cases on record: 70 filed by the company and 25 filed against it. 32 are pending.
Jet Kingdom Chits was incorporated on 10 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jet Kingdom Chits by revenue are Yajna Chits Private Limited, Sri Nandhana Chitfunds Private Limited, Nambakam Saswatha Nidhi Limited, Peringode Nidhi Limited, Crif Connect Private Limited and 5 more, all in the same principal business activity (other financial activities).
Narayan Uttam Polewar ceased to be Director on 10 Jul 2019. Nilesh Narayan Polewar was appointed as Director on 10 Jul 2019. Alok Madhukar Ghate ceased to be Director on 13 Dec 2018. Jet Kingdom Chits has 6 board changes on record in total.
The registered office of Jet Kingdom Chits is at CO Shri Govinda Kshitij Sarkar Arvind Nagar, Chandrapur, Maharashtra, India – 442401.
Jet Kingdom Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Jet Kingdom Chits is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.