Sippy Chit Fund Pvt Ltd
About Sippy Chit Fund Pvt Ltd
Data last updated:
Sippy Chit Fund Pvt Ltd is a private limited company based in Gurgaon, Haryana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65992HR1988PTC030239. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narender Kumar Arora and Reva Arora.
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 301A 3rd Floor Iris Tech Park, Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.93 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹5.19 Lakh (net margin -269.3%) and EBITDA of -₹16,680 (EBITDA margin -8.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹9 Lakh on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sippy Chit Fund Pvt Ltd's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301A 3rd Floor Iris Tech Park Tower – A Sohna Road Sec, Tor – 48, Gurgaon, Haryana, India – 122018
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sippy Chit Fund Pvt Ltd, 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 Sippy Chit Fund Pvt Ltd
FY 2025 filings availableSippy Chit Fund Pvt Ltd reported revenue of ₹1.93 Lakh (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 99% 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 | -₹16,680 | ||||
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| Net Profit (PAT) | -₹5.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.7% | ||||
| Net Profit Margin | -269.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sippy Chit Fund Pvt Ltd, buy the company report.
Board of directors of Sippy Chit Fund Pvt Ltd
Sippy Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Kumar Arora | Director | 07 Apr 1988 | 38 Years 6 Months | Current |
| Reva Arora Also directs: Stenley Apparels Private Limited | Director | 07 Apr 1988 | 38 Years 6 Months | Current |
Peer comparison
Sippy Chit Fund Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Janmabhoomi Chits Limited | ₹1.98 Lakh (FY 2025) | -40.0% | Thrissur, Kerala, India | |||
| Thirunakkara Chits Private Limited | ₹1.94 Lakh (FY 2024) | -32.0% | Kottayam, Kerala, India | |||
| Emerald Kuries (India) Private Limited | ₹1.93 Lakh (FY 2024) | -55.0% | Thrissur, Kerala, India | |||
| Sippy Chit Fund Pvt Ltdthis company | ₹1.93 Lakh (FY 2024) | -₹5.19 Lakh | -269.3% | 68.0% | Gurgaon, Haryana, India | |
| Sanchdhan Micro Finance Company | ₹1.9 Lakh (FY 2025) | -15.0% | Mirzapur, Uttar Pradesh, India |
To see the full peer comparison of Sippy Chit Fund Pvt Ltd, buy the company report.
Auditor
Sippy Chit Fund Pvt Ltd is audited by ASHISH SHARMA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISH SHARMA | FY 2023 | 520336 |
Shareholding
The shareholding of Sippy Chit Fund Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sippy Chit Fund Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2009 | 10178986 | Punjab National Bank | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sippy Chit Fund Pvt Ltd has 10 court cases on record: 9 filed by Sippy Chit Fund, 1 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Criminal case | Filed by the company against M/S Metaphor Exports Pvt. Ltd | Disposed |
| District court, North, Delhi | Criminal case | Filed by the company against M/S Hoidays by Sahibji P Ltd | Pending |
| District court, North, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, North, Delhi | Revision petition | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against M/S Holiday by Sahibji and Ors | Disposed |
To see the full case history of Sippy Chit Fund Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sippy Chit Fund Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sippy Chit Fund has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sippy Chit Fund Pvt Ltd, buy the company report.
Recent activity
Sippy Chit Fund Pvt Ltd has 2 board changes on record since 1988: 2 appointments. The latest: Narender Kumar Arora was appointed as Director on 07 Apr 1988.
Frequently asked questions
Sippy Chit Fund is an active private limited company based in Gurgaon, Haryana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 April 1988 (38+ years old) and is registered under CIN U65992HR1988PTC030239.
Sippy Chit Fund has 2 current directors:
- Narender Kumar Arora - Director
- Reva Arora - Director
The latest financial statements of Sippy Chit Fund 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 2015 are in the company report.
No. Sippy Chit Fund has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sippy Chit Fund is U65992HR1988PTC030239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sippy Chit Fund has 10 court cases on record: 9 filed by the company and 1 filed against it. 2 are pending.
Sippy Chit Fund was incorporated on 07 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Sippy Chit Fund by revenue are Janmabhoomi Chits Limited, Thirunakkara Chits Private Limited, Emerald Kuries (India) Private Limited, Sanchdhan Micro Finance Company, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Narender Kumar Arora was appointed as Director on 07 Apr 1988. Reva Arora was appointed as Director on 07 Apr 1988.
The registered office of Sippy Chit Fund is at 301A 3rd Floor Iris Tech Park Tower – A Sohna Road Sec, Tor – 48, Gurgaon, Haryana, India – 122018.
Sippy Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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