Msai Chit Fund Private Limited
About Msai Chit Fund Private Limited
Data last updated:
Msai Chit Fund Private Limited was a private limited company based in Aurangabad, Maharashtra, 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 25 March 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC255001.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mahadeo Bhimrao Sable and Kishor Shankar Damodar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at H No. D 15 – 339 New Osmanpura Nagsen Nagar C Hostel Dp, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5,573 (net margin 0.3%) and EBITDA of ₹6,202 (EBITDA margin 0.3%).
Company details
Contact details
Msai Chit Fund Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No. D 15 – 339 New Osmanpura Nagsen Nagar C Hostel Dp, Aurangabad, Maharashtra, India – 431005
- IndustryFinancial Services, Financial Activities
To see the full contact details of Msai 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 Msai 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 Msai Chit Fund Private Limited, buy the company report.
Financials of Msai Chit Fund Private Limited
FY 2017 filings availableMsai Chit Fund Private Limited reported revenue of ₹19.23 Lakh (up 164% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 164% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6,202 | ||
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| Tax Expense | |||
| Net Profit (PAT) | ₹5,573 | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.3% | ||
| Net Profit Margin | 0.3% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Msai Chit Fund Private Limited, buy the company report.
Board of directors of Msai Chit Fund Private Limited
Msai Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadeo Bhimrao Sable | Director | 25 Mar 2014 | 12 Years 6 Months | As last reported |
| Kishor Shankar Damodar | Director | 25 Mar 2014 | 12 Years 6 Months | As last reported |
Peer comparison
Msai 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 |
|---|---|---|---|---|---|---|
| Sree Sadurvel Chit Funds Private Limited | ₹19.25 Lakh (FY 2024) | 126.0% | Tirupur, Tamil Nadu, India | |||
| Future Mutual Benefit India Limited | ₹19.25 Lakh (FY 2015) | 231.0% | Mirzapur, Uttar Pradesh, India | |||
| Shrinidhi Srinivasa Chits Private Limited | ₹19.25 Lakh (FY 2025) | -11.0% | Coimbatore, Tamil Nadu, India | |||
| Motika Investment & Trading Co Pvt Ltd | ₹19.24 Lakh (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| New Shakehand Chits Private Limited | ₹19.24 Lakh (FY 2025) | 2.0% | Narnaul, Haryana, India | |||
| Msai Chit Fund Private Limitedthis company | ₹19.23 Lakh (FY 2017) | ₹5,573 | 0.3% | 164.0% | Aurangabad, Maharashtra, India | |
| Naidhura Sales Private Limited | ₹19.22 Lakh (FY 2024) | 11.0% | Kolkata, West Bengal, India | |||
| Orbis Professional Consultancy Services (India) Private Limited | ₹19.22 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Mohan Infrabuilt Private Limited | ₹19.22 Lakh (FY 2025) | -69.0% | Kolkata, West Bengal, India | |||
| G D Capitals Private Limited | ₹19.21 Lakh (FY 2018) | 139.0% | Delhi, India | |||
| Sri Medha Chit Fund Private Limited | ₹19.21 Lakh (FY 2021) | 37.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Msai Chit Fund Private Limited, buy the company report.
Auditor
Msai Chit Fund Private Limited is audited by A. P. GODHA & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. P. GODHA & CO. | FY 2016 | 127461W |
Shareholding
The shareholding of Msai Chit Fund Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Msai Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Msai 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 Msai Chit Fund 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 Msai Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Msai Chit Fund Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kishor Shankar Damodar was appointed as Director on 25 Mar 2014.
Frequently asked questions
Msai Chit Fund 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.
Msai Chit Fund was a private limited company based in Aurangabad, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 March 2014 and is registered under CIN U74120MH2014PTC255001. The company has been struck off by the Registrar of Companies and is no longer operational.
Msai Chit Fund had 2 directors:
- Mahadeo Bhimrao Sable - Director
- Kishor Shankar Damodar - Director
The CIN (Corporate Identification Number) of Msai Chit Fund is U74120MH2014PTC255001. 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 Msai Chit Fund is at H No. D 15 – 339 New Osmanpura Nagsen Nagar C Hostel Dp, Aurangabad, Maharashtra, India – 431005.
Msai Chit Fund was incorporated on 25 March 2014. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Msai Chit Fund on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Msai Chit Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Msai Chit Fund by revenue are Sree Sadurvel Chit Funds Private Limited, Future Mutual Benefit India Limited, Shrinidhi Srinivasa Chits Private Limited, Motika Investment & Trading Co Pvt Ltd, New Shakehand Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kishor Shankar Damodar was appointed as Director on 25 Mar 2014. Mahadeo Bhimrao Sable was appointed as Director on 25 Mar 2014.
The compliance status of Msai Chit Fund is active non-compliant as of 19 July 2026.