Narmal Chits Pvt Ltd
About Narmal Chits Pvt Ltd
Data last updated:
Narmal Chits Pvt Ltd was a private limited company based in Haryana, 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 05 December 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65992HR1996PTC033409. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Satish Kumar Narang and Rinki Anand.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 3/5 Khandra Road Gurgaon., Haryana, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.29 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹14.89 Lakh (net margin -121.2%) and EBITDA of ₹1.78 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
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- Registered Address3/5 Khandra Road Gurgaon., Haryana, India
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Narmal Chits Pvt Ltd
The main business activity of Narmal Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Narmal Chits Pvt Ltd FY 2018 filings available
Narmal Chits Pvt Ltd reported revenue of ₹12.29 Lakh (down 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Narmal Chits Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 5% fall 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 of Narmal Chits Pvt Ltd
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹1.78 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.89 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 of Narmal Chits Pvt Ltd
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• |
| Net Profit Margin | -121.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Narmal Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Narmal Chits Pvt Ltd
Narmal Chits Pvt Ltd is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finu Smart Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Khoka Pay Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Renenet and Tyche Chits Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Aara Chits Private Limited | •••• | •••• | •••• | •••• | - | Salem, Tamil Nadu, India |
| Malshej Trading Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Narmal Chits Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Haryana, India |
| VRB Fin Stock Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kinetic Merchants Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Shabiya Chits Private Limited | •••• | •••• | •••• | •••• | - | Shencottah Taluk, Tamil Nadu, India |
| Vatsalaya Holdings Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Fabulous Consultants Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Narmal Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Narmal Chits Pvt Ltd
Narmal Chits Pvt Ltd is audited by NAYYAR & NAYYAR for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAYYAR & NAYYAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Narmal Chits Pvt Ltd
Narmal Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Narang Also directs: Karshni Infrastructures Private Limited | Director | 05 Dec 1996 | 29 Years 10 Months | As last reported |
| Rinki Anand | Director | 01 Apr 2001 | 25 Years 6 Months | As last reported |
| Ritu Narang Bhatia | Director | 01 Apr 2002 | 24 Years 6 Months | As last reported |
Ownership and Shareholding of Narmal Chits Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Narmal Chits Pvt Ltd
Narmal Chits Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Narmal Chits Pvt Ltd
Employment history and EPFO contributions of people linked to Narmal Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Narmal Chits Pvt Ltd
Narmal Chits Pvt Ltd has 3 board changes on record since 1996: 3 appointments. The latest: Ritu Narang Bhatia was appointed as Director on 01 Apr 2002.
Credit Ratings, Litigation & Regulatory Alerts for Narmal Chits Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Narmal Chits Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Narmal Chits Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Narmal Chits Pvt Ltd
Narmal Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Narmal Chits Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Narmal Chits Pvt Ltd
Narmal 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.
Narmal Chits was a private limited company based in Haryana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 05 December 1996 and is registered under CIN U65992HR1996PTC033409. The company has been struck off by the Registrar of Companies and is no longer operational.
Narmal Chits had 3 directors:
- Satish Kumar Narang - Director
- Rinki Anand - Director
- Ritu Narang Bhatia - Director
The CIN (Corporate Identification Number) of Narmal Chits is U65992HR1996PTC033409. 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 Narmal Chits is at 35 Khandra Road Gurgaon., Haryana, India.
Narmal Chits was incorporated on 05 December 1996. It is registered with the Registrar of Companies, Delhi.
Narmal Chits reported revenue of ₹12.29 Lakh for FY 2018 (down 5% YoY).
Narmal Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Narmal Chits reported a net loss of ₹14.89 Lakh (net margin -121.2%) and EBITDA of ₹1.78 Lakh (EBITDA margin 14.5%) for FY 2018, as per its filed financial statements.
No. Narmal Chits has 1 GST registration on record and it is cancelled or inactive.
Narmal Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.