Mifco Chits Private Limited
About Mifco Chits Private Limited
Data last updated:
Mifco Chits Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 19 January 1987.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC026718.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vipin Aggarwal and Mamta Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at C – 42 South Extension – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2017, the company reported a revenue of ₹10,245. For the same year it recorded a net loss of ₹2,390 (net margin -23.3%) and EBITDA of -₹8,850 (EBITDA margin -86.4%).
Company details
Contact details
Mifco Chits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 42 South Extension – II, New Delhi, Delhi, India – 110049
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mifco 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
Financials of Mifco Chits Private Limited
FY 2023 filings availableMifco Chits Private Limited reported revenue of ₹10,245 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10,245 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8,850 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2,390 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -86.4% | ||
| Net Profit Margin | -23.3% | ||
| 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 Mifco Chits Private Limited, buy the company report.
Board of directors of Mifco Chits Private Limited
Mifco Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Aggarwal Also directs: Va Tradingventure LLP, Anushria Realtech Private Limited, Vinista Advisors Private Limited and 1 more | Director | 19 Jan 1987 | 39 Years 9 Months | As last reported |
| Mamta Jain | Director | 19 Jan 1987 | 39 Years 9 Months | As last reported |
Auditor
Mifco Chits Private Limited is audited by Jitender Kushwah & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jitender Kushwah & Associates | FY 2017 | 024936N |
Shareholding
The shareholding of Mifco Chits 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 Mifco Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mifco 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 Mifco 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 Mifco Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mifco Chits Private Limited has 3 board changes on record since 1987: 2 appointments and 1 cessation. The latest: Praveen Kumar Jain ceased to be Director on 07 Dec 2021.
Frequently asked questions
Mifco Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mifco Chits was a private limited company based in New Delhi, Delhi, India. The company worked in financial activities, within the financial services industry. It was incorporated on 19 January 1987 and is registered under CIN U74899DL1987PTC026718. The company has been struck off by the Registrar of Companies and is no longer operational.
Mifco Chits had 2 directors:
- Vipin Aggarwal - Director
- Mamta Jain - Director
The CIN (Corporate Identification Number) of Mifco Chits is U74899DL1987PTC026718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mifco Chits is at C – 42 South Extension – II, New Delhi, Delhi, India – 110049.
Mifco Chits was incorporated on 19 January 1987. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Mifco Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Mifco Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Praveen Kumar Jain ceased to be Director on 07 Dec 2021. Mamta Jain was appointed as Director on 19 Jan 1987. Vipin Aggarwal was appointed as Director on 19 Jan 1987.
The compliance status of Mifco Chits is compliant as of 30 July 2026.