Mastergrow Chit Fund Private Limited
About Mastergrow Chit Fund Private Limited
Data last updated:
Mastergrow Chit Fund Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2010PTC136881. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Arjun Bhagawat Shirsat and Rajendra Mukundrao Honrao.
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 S. No. 77/6 M. No. 512 Near Ingale Hospital Jyotiba Nagar, Pune, Maharashtra, India – 411017.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.96 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹9,746 (net margin -0.8%) and EBITDA of ₹1.2 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mastergrow Chit Fund Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. No. 77/6 M. No. 512 Near Ingale Hospital Jyotiba Nagar, Pune, Maharashtra, India – 411017
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mastergrow 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 Mastergrow 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 Mastergrow Chit Fund Private Limited, buy the company report.
Financials of Mastergrow Chit Fund Private Limited
FY 2021 filings availableMastergrow Chit Fund Private Limited reported revenue of ₹11.96 Lakh (down 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 39% fall in the latest year. EBITDA fell 26% 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 |
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| EBITDA | ₹1.2 Lakh | ||||
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| Net Profit (PAT) | -₹9,746 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 10% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Mastergrow Chit Fund Private Limited, buy the company report.
Board of directors of Mastergrow Chit Fund Private Limited
Mastergrow Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Bhagawat Shirsat | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
| Rajendra Mukundrao Honrao | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Mastergrow Chit Fund 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 |
|---|---|---|---|---|---|---|
| Pranaswarup Nidhi Limited | ₹11.97 Lakh (FY 2023) | 122.0% | Ernakulam, Kerala, India | |||
| Adxpert Consulting Private Limited | ₹11.97 Lakh (FY 2024) | 35.0% | Delhi, India | |||
| PSCW Mutual Benefit Nidhi Limited | ₹11.96 Lakh (FY 2020) | 905.0% | Vatva, Gujarat, India | |||
| Hubli Heartcare Private Limited | ₹11.96 Lakh (FY 2017) | -60.0% | Hubli, Karnataka, India | |||
| Sampark Advisory Services Private Limited | ₹11.96 Lakh (FY 2021) | 85.0% | Kolkata, West Bengal, India | |||
| Mastergrow Chit Fund Private Limitedthis company | ₹11.96 Lakh (FY 2021) | -₹9,746 | -0.8% | -39.0% | Pune, Maharashtra, India | |
| Zipper Mercantiles Pvt.Ltd. | ₹11.95 Lakh (FY 2025) | -92.0% | Mandi Gobindgarh, Punjab, India | |||
| Ananiya Advisory Services Private Limited | ₹11.95 Lakh (FY 2024) | 30.0% | Bhubaneswar, Odisha, India | |||
| A R S India Mutual Benefits Nidhi Limited | ₹11.95 Lakh (FY 2018) | 42.0% | Ghazipur, Uttar Pradesh, India | |||
| Vinayak Trexim Private Limited | ₹11.94 Lakh (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Baid Hire & Leasing Pvt Ltd | ₹11.94 Lakh (FY 2025) | -6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mastergrow Chit Fund Private Limited, buy the company report.
Auditor
Mastergrow Chit Fund Private Limited is audited by SANTOSH GHARE AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH GHARE AND ASSOCIATES | FY 2017 | 141556W |
Shareholding
The shareholding of Mastergrow Chit Fund Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mastergrow Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mastergrow Chit Fund 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 Mastergrow Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mastergrow Chit Fund has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mastergrow Chit Fund Private Limited, buy the company report.
Recent activity
Mastergrow Chit Fund Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Arjun Bhagawat Shirsat was appointed as Director on 19 Jul 2010.
Frequently asked questions
Mastergrow Chit Fund is an active private limited company based in Pune, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 July 2010 (16+ years old) and is registered under CIN U65992PN2010PTC136881.
Mastergrow Chit Fund has 2 current directors:
- Arjun Bhagawat Shirsat - Director
- Rajendra Mukundrao Honrao - Director
The latest financial statements of Mastergrow 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.
No. Mastergrow Chit Fund has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mastergrow Chit Fund is U65992PN2010PTC136881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mastergrow Chit Fund was incorporated on 19 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mastergrow Chit Fund by revenue are Pranaswarup Nidhi Limited, Adxpert Consulting Private Limited, PSCW Mutual Benefit Nidhi Limited, Hubli Heartcare Private Limited, Sampark Advisory Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Arjun Bhagawat Shirsat was appointed as Director on 19 Jul 2010. Rajendra Mukundrao Honrao was appointed as Director on 19 Jul 2010.
The registered office of Mastergrow Chit Fund is at S. No. 776 M. No. 512 Near Ingale Hospital Jyotiba Nagar, Pune, Maharashtra, India – 411017.
Mastergrow Chit Fund operates in the financial services industry, in the financial activities segment.
The compliance status of Mastergrow Chit Fund is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.