Midson Chits Private Limited

Midson Chits Private Limited - financial services in Faridabad, Haryana, India. FY 2026 financials & compliance.
CIN U74999HR2016PTC066642 Incorporated 13 December 2016 ROC Delhi HQ Faridabad, Haryana, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹1.13 Cr
▲ 15% YoY
Net profit · FY 2024
₹2.03 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹3.42 Lakh
EBITDA margin 3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Midson Chits Private Limited

Data last updated:

Midson Chits Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2016PTC066642. Its GSTIN is 07AAKCM7051Q1ZS (Delhi).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Ravi Taneja and Amit Gupta.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 1A / 105 Nit, Faridabad, Haryana, India – 121001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Lakh (net margin 1.8%) and EBITDA of ₹3.42 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 7% over five years.

Court records list 34 cases involving the company, including 30 filed by the company and 4 filed against it; 17 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midsongroup.com.

Company details

CIN U74999HR2016PTC066642
Registration Number 066642
Incorporation Date 13 December 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Midson Chits Private Limited's registered office is in Faridabad, Haryana. Its website is midsongroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No. 1A / 105 Nit, Faridabad, Haryana, India – 121001
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Midson Chits Private Limited, buy the company report.

Comprehensive company report
Midson Chits Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Midson Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Midson Chits Private Limited, buy the company report.

Financials of Midson Chits Private Limited

FY 2025 filings available

Midson Chits Private Limited reported revenue of ₹1.13 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹1.13 Cr ▲ 15%
Net profit · FY 2024
₹2.03 Lakh margin 1.8%
EBITDA · FY 2024
₹3.42 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 29%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 47%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 15% growth in the latest year. EBITDA rose 15% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.03 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%
Net Profit Margin1.8%
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 Midson Chits Private Limited, buy the company report.

Board of directors of Midson Chits Private Limited

Midson Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi TanejaDirector13 Dec 20169 Years 10 MonthsCurrent
Amit GuptaDirector13 Dec 20169 Years 10 MonthsCurrent

Peer comparison

Midson Chits Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Midson Chits Private Limitedthis company₹1.13 Cr (FY 2024)₹2.03 Lakh1.8%15.0%Faridabad, Haryana, India
Compact Capital Limited₹1.13 Cr (FY 2021)-75.0%Mumbai, Maharashtra, India
Benegold Arbin Nidhi Limited₹1.13 Cr (FY 2024)-9.0%Nadia, West Bengal, India
TJ Capital Advisory Services Private Limited₹1.13 Cr (FY 2021)-58.0%Mumbai, Maharashtra, India

To see the full peer comparison of Midson Chits Private Limited, buy the company report.

Auditor

Midson Chits Private Limited is audited by R PLAHA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R PLAHA & ASSOCIATESFY 2021008054N

Shareholding

The shareholding of Midson Chits Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Midson Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Midson Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Midson Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAKCM7051Q1ZSDelhiActive14 Aug 2017

To see the full GST registrations and return filing status of Midson Chits Private Limited, buy the company report.

Recent activity

Midson Chits Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Deepak Soni ceased to be Director on 13 May 2025.

AGM
Midson Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Deepak Soni ceased to be Director.
Filing
Midson Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Amit Gupta was appointed as Director.
Appointed
Ravi Taneja was appointed as Director.
Incorporation
13 Dec 2016
Midson Chits Private Limited was registered on 13 Dec 2016 with Roc Delhi & aged 9 years 10 months as per MCA records.

Frequently asked questions

Midson Chits is an active private limited company based in Faridabad, Haryana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 December 2016 (10+ years old) and is registered under CIN U74999HR2016PTC066642.

Midson Chits has 2 current directors:

The latest financial statements of Midson Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Midson Chits is 07AAKCM7051Q1ZS, registered in Delhi.

The CIN (Corporate Identification Number) of Midson Chits is U74999HR2016PTC066642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midson Chits has 34 court cases on record: 30 filed by the company and 4 filed against it. 17 are pending.

Midson Chits was incorporated on 13 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Midson Chits by revenue are Compact Capital Limited, Benegold Arbin Nidhi Limited, TJ Capital Advisory Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).

Deepak Soni ceased to be Director on 13 May 2025. Amit Gupta was appointed as Director on 13 Dec 2016. Ravi Taneja was appointed as Director on 13 Dec 2016.

Midson Chits can be reached through the website midsongroup.com. Its registered office is in Faridabad, Haryana, India.

The registered office of Midson Chits is at Shop No. 1A 105 Nit, Faridabad, Haryana, India – 121001.