Navadarshan Chit Funds Private Limited
About Navadarshan Chit Funds Private Limited
Data last updated:
Navadarshan Chit Funds Private Limited is a private limited company based in Dombivli, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 28 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65992MH2004PTC147183. Its GSTIN is 27AACCN0789J1Z4 (Maharashtra).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹6,250. It is led by directors including Joy Plammoottil (Managing Director) and Chandran Raman Thundathil.
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 30 Ground Floor Sonata Complex Plot No. P – 46/1 Near Icici Bank MIDC Dombvili(E), Dombivli, Maharashtra, India – 421203.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.44 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Lakh (net margin 5.1%) and EBITDA of ₹26.68 Lakh (EBITDA margin 31.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
As per MCA filings, the company has open charges of ₹56 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Navadarshan Chit Funds Private Limited's registered office is in Dombivli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address30 Ground Floor Sonata Complex Plot No. P – 46/1 Near Icici Bank MIDC Dombvili(E), Dombivli, Maharashtra, India – 421203
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Navadarshan Chit Funds 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 Navadarshan Chit Funds is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Navadarshan Chit Funds Private Limited, buy the company report.
Financials of Navadarshan Chit Funds Private Limited
FY 2025 filings availableNavadarshan Chit Funds Private Limited reported revenue of ₹84.44 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 15% 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 | ₹26.68 Lakh | ||||
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| Net Profit (PAT) | ₹4.33 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 31.6% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Navadarshan Chit Funds Private Limited, buy the company report.
Board of directors of Navadarshan Chit Funds Private Limited
Navadarshan Chit Funds has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joy Plammoottil Also directs: Udhayasurya Events Private Limited | Managing Director | 28 Jun 2004 | 22 Years 4 Months | Current |
| Chandran Raman Thundathil | Director | 28 Jun 2004 | 22 Years 4 Months | Current |
| Sathyan Narayanan Nambrath | Director | 28 Jun 2004 | 22 Years 4 Months | Current |
| Ravikumar Nambrath | Director | 28 Jun 2004 | 22 Years 4 Months | Current |
| Babu Madhavan Nair | Director | 28 Jun 2004 | 22 Years 4 Months | Current |
| Sashidharan Madhavan Kovilil Also directs: Udhayasurya Events Private Limited | Director | 28 Jun 2004 | 22 Years 4 Months | Current |
Peer comparison
Navadarshan Chit Funds Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hunnime Chits Private Limited | ₹85.61 Lakh (FY 2025) | -32.0% | Ranebennur, Karnataka, India | |||
| Navadarshan Chit Funds Private Limitedthis company | ₹84.44 Lakh (FY 2025) | ₹4.33 Lakh | 5.1% | 15.0% | Dombivli, Maharashtra, India | |
| Janavikas Nidhi Limited | ₹84.14 Lakh (FY 2025) | 26.0% | Ayyanthole, Kerala, India | |||
| Chamrajpet Chits Private Limited | ₹83.62 Lakh (FY 2025) | -5.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Navadarshan Chit Funds Private Limited, buy the company report.
Auditor
Navadarshan Chit Funds Private Limited is audited by V.C.Shah& Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.C.Shah& Co. | FY 2017 | 109818W |
Shareholding
The shareholding of Navadarshan Chit Funds 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 Navadarshan Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2016 | 100048761 | Others | ₹56 Lakh | Open |
To see the full charge records of Navadarshan Chit Funds Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Navadarshan Chit Funds Private Limited has 1 court case on record: 1 filed by Navadarshan Chit Funds. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Navadarshan Chit Funds Private Limited, 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 Navadarshan Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navadarshan Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0789J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navadarshan Chit Funds Private Limited, buy the company report.
Recent activity
Navadarshan Chit Funds Private Limited has 15 board changes on record since 2004: 11 appointments and 4 cessations. The latest: Alexander Ninan ceased to be Additional Director on 30 Nov 2021.
8 earlier events are in the company report.
Frequently asked questions
Navadarshan Chit Funds is an active private limited company based in Dombivli, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 28 June 2004 (22+ years old) and is registered under CIN U65992MH2004PTC147183.
Navadarshan Chit Funds has 7 current directors:
- Joy Plammoottil - Managing Director
- Chandran Raman Thundathil - Director
- Sathyan Narayanan Nambrath - Director
- Ravikumar Nambrath - Director
- Babu Madhavan Nair - Director
- Sashidharan Madhavan Kovilil - Director
- Radhakrishnan Ayyappan Kottarapat - Director
The latest financial statements of Navadarshan Chit Funds 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.
The GSTIN of Navadarshan Chit Funds is 27AACCN0789J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Navadarshan Chit Funds is U65992MH2004PTC147183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navadarshan Chit Funds has 1 court case on record: 1 filed by the company.
Navadarshan Chit Funds was incorporated on 28 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Navadarshan Chit Funds by revenue are Hunnime Chits Private Limited, Janavikas Nidhi Limited, Chamrajpet Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Alexander Ninan ceased to be Additional Director on 30 Nov 2021. Iype Iype Pulipra ceased to be Additional Director on 30 Nov 2021. Iype Iype Pulipra was appointed as Additional Director on 19 Nov 2018. Navadarshan Chit Funds has 15 board changes on record in total.
The registered office of Navadarshan Chit Funds is at 30 Ground Floor Sonata Complex Plot No. P – 461 Near Icici Bank MIDC DombviliE, Dombivli, Maharashtra, India – 421203.
Navadarshan Chit Funds operates in the financial services industry, in the microfinance institutions segment.
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