Modway Chits Private Limited
About Modway Chits Private Limited
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Modway Chits Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 15 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2019PTC352615.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Vaany Harjai and Paras Harjai.
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 – 11 Basement Shop Plot No – 2 Street No 5 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2025, the company reported a revenue of ₹70,250, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹15,590 (net margin 22.2%) and EBITDA of ₹15,590 (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 30% over five years.
Company details
Contact details
Modway Chits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressShop No – 11 Basement Shop Plot No – 2 Street No 5 East Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Modway 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 Modway Chits Private Limited
FY 2025 filings availableModway Chits Private Limited reported revenue of ₹70,250 (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 850% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15,590 | ||||
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| Net Profit (PAT) | ₹15,590 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 22.2% | ||||
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To see the full financial statements and ratios of Modway Chits Private Limited, buy the company report.
Board of directors of Modway Chits Private Limited
Modway 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 |
|---|---|---|---|---|
| Vaany Harjai Also directs: Gay Way Chits Private Limited, Expert Chits Private Limited | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Paras Harjai Also directs: Gay Way Chits Private Limited | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Modway 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 Modway 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 Modway Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modway Chits Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ravinder Kumar ceased to be Director on 19 Apr 2021.
Frequently asked questions
Modway Chits is an active private limited company based in New Delhi, Delhi, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 15 July 2019 (7+ years old) and is registered under CIN U67190DL2019PTC352615.
Modway Chits has 2 current directors:
- Vaany Harjai - Director
- Paras Harjai - Director
The latest financial statements of Modway 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Modway Chits is U67190DL2019PTC352615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modway Chits was incorporated on 15 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Ravinder Kumar ceased to be Director on 19 Apr 2021. Paras Harjai was appointed as Director on 15 Jul 2019. Vaany Harjai was appointed as Director on 15 Jul 2019.
The registered office of Modway Chits is at Shop No – 11 Basement Shop Plot No – 2 Street No 5 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
Modway Chits operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Modway Chits can be reached at its registered office: Shop No – 11 Basement Shop Plot No – 2 Street No 5 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
Modway Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.