Konnect Chits Private Limited
About Konnect Chits Private Limited
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Konnect Chits Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2019PTC327359.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Devchand Pardeshi and Rajshree Sunil Pardeshi.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 1 Gandhi Nagar Station Road Behind Fire Brigede Bansilal Nagar, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2024, the company reported a revenue of ₹6 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹56,218 (net margin -9.4%) and EBITDA of -₹56,218 (EBITDA margin -9.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Company details
Contact details
Konnect Chits Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 1 Gandhi Nagar Station Road Behind Fire Brigede Bansilal Nagar, Aurangabad, Maharashtra, India – 431005
- IndustryFinancial Services, Other Financial Intermediation, Pawn Shops, Credit Allocation Agencies
To see the full contact details of Konnect 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 Konnect Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Konnect Chits Private Limited, buy the company report.
Financials of Konnect Chits Private Limited
FY 2024 filings availableKonnect Chits Private Limited reported revenue of ₹6 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 15% fall in the latest year. EBITDA fell 135% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹56,218 | ||||
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| Net Profit (PAT) | -₹56,218 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -9.4% | ||||
| Net Profit Margin | -9.4% | ||||
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To see the full financial statements and ratios of Konnect Chits Private Limited, buy the company report.
Board of directors of Konnect Chits Private Limited
Konnect Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Devchand Pardeshi | Director | 27 Jun 2019 | 7 Years 4 Months | Current |
| Rajshree Sunil Pardeshi | Director | 27 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Konnect Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo Capital Premier Loans Private Limited | ₹6.15 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Singleline Finserve Private Limited | ₹6.13 Lakh (FY 2025) | 1357.0% | Vadodara, Gujarat, India | |||
| Pinball Chits Private Limited | ₹6.12 Lakh (FY 2025) | -34.0% | Vazhakulam, Kerala, India | |||
| Zhapaak Business Solutions Private Limited | ₹6.08 Lakh (FY 2025) | -83.0% | New Delhi, Delhi, India | |||
| Wariyat Holdings Private Limited | ₹6.08 Lakh (FY 2024) | -92.0% | Bangalore, Karnataka, India | |||
| Konnect Chits Private Limitedthis company | ₹6 Lakh (FY 2024) | -₹56,218 | -9.4% | -15.0% | Aurangabad, Maharashtra, India | |
| Kirit Shah Securities Pvt Ltd | ₹5.93 Lakh (FY 2025) | -34.0% | Ahmedabad Anand, Gujarat, India | |||
| Thamiraparani Investments Private Limited | ₹5.91 Lakh (FY 2019) | -6.0% | Chennai, Tamil Nadu, India | |||
| Isaac Enterprises Private Limited | ₹5.77 Lakh (FY 2020) | 5.0% | Chennai, Tamil Nadu, India | |||
| Rahuri Urban Multicity Nidhi Limited | ₹5.71 Lakh (FY 2021) | 33.0% | Ahmednagar, Maharashtra, India | |||
| VM Intrinsic Consultancy Private Limited | ₹5.68 Lakh (FY 2025) | 28.0% | Faridabad, Haryana, India |
To see the full peer comparison of Konnect Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Konnect 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 Konnect 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 Konnect Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Konnect Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Rajshree Sunil Pardeshi was appointed as Director on 27 Jun 2019.
Frequently asked questions
Konnect Chits is an active private limited company based in Aurangabad, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 June 2019 (7+ years old) and is registered under CIN U65929MH2019PTC327359.
Konnect Chits has 2 current directors:
- Sunil Devchand Pardeshi - Director
- Rajshree Sunil Pardeshi - Director
The latest financial statements of Konnect Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Konnect Chits is U65929MH2019PTC327359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Konnect Chits was incorporated on 27 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Konnect Chits by revenue are Indo Capital Premier Loans Private Limited, Singleline Finserve Private Limited, Pinball Chits Private Limited, Zhapaak Business Solutions Private Limited, Wariyat Holdings Private Limited and 5 more, all in the same principal business activity (fund management services).
Rajshree Sunil Pardeshi was appointed as Director on 27 Jun 2019. Sunil Devchand Pardeshi was appointed as Director on 27 Jun 2019.
The registered office of Konnect Chits is at Flat No 1 Gandhi Nagar Station Road Behind Fire Brigede Bansilal Nagar, Aurangabad, Maharashtra, India – 431005.
Konnect Chits operates in the financial services industry, in the other financial intermediation segment.
Konnect Chits can be reached at its registered office: Flat No 1 Gandhi Nagar Station Road Behind Fire Brigede Bansilal Nagar, Aurangabad, Maharashtra, India – 431005.
Konnect Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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