Nextgen Chitfund Systems Private Limited
About Nextgen Chitfund Systems Private Limited
Data last updated:
Nextgen Chitfund Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 15 April 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2022PTC161615.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ramesh Kumar and Ayush Agarwal.
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 5 – 9 – 30/1/22 4th Floor Basheer Bagh, Hyderabad, Telangana, India – 500029.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 18.1%) and EBITDA of ₹1.45 Cr (EBITDA margin 25.6%).
As per MCA filings, the company has open charges of ₹2.31 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Company details
Contact details
Nextgen Chitfund Systems Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address5 – 9 – 30/1/22 4th Floor Basheer Bagh, Hyderabad, Telangana, India – 500029
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
- 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 Nextgen Chitfund Systems 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 Nextgen Chitfund Systems Private Limited, buy the company report.
Financials of Nextgen Chitfund Systems Private Limited
FY 2025 filings availableNextgen Chitfund Systems Private Limited reported revenue of ₹5.68 Cr (up 201% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 201% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
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| Total Expenses | ||
| EBITDA | ₹1.45 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.03 Cr | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25.6% | |
| Net Profit Margin | 18.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Nextgen Chitfund Systems Private Limited, buy the company report.
Board of directors of Nextgen Chitfund Systems Private Limited
Nextgen Chitfund Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Also directs: Pranita Distributors Private Limited | Director | 15 Apr 2022 | 4 Years 6 Months | Current |
| Ayush Agarwal | Director | 15 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Nextgen Chitfund Systems Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Bihar State Minorities Financial Corporation Limited | ₹5.91 Cr (FY 2018) | 70.0% | Patna, Bihar, India | |||
| Madura Micro Finance Limited | ₹5.68 Cr (FY 2022) | 142.0% | Chennai, Tamil Nadu, India | |||
| Nextgen Chitfund Systems Private Limitedthis company | ₹5.68 Cr (FY 2024) | ₹1.03 Cr | 18.1% | 201.0% | Hyderabad, Telangana, India | |
| Sree Harihara Puthra Chits Private Limited | ₹5.49 Cr (FY 2025) | 4.0% | Hosur, Tamil Nadu, India | |||
| Futurewealth Nidhi Limited | ₹5.47 Cr (FY 2025) | 0.0% | Thrissur, Kerala, India | |||
| Kfin Nidhi Limited | ₹5.45 Cr (FY 2025) | 29.0% | Thampanoor, Kerala, India | |||
| Kuldhara Investments Private Limited | ₹5.42 Cr (FY 2024) | 377.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Nextgen Chitfund Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2024 | 101062004 | Others | ₹92.63 Lakh | Open | |
| 27 Nov 2024 | 101020729 | Others | ₹1.39 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Nextgen Chitfund Systems Private Limited has 3 court cases on record: 3 filed by Nextgen Chitfund Systems. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against New Maheshwari Enterprises Rep by Anil Gattani | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Nextgen Chitfund Systems 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 Nextgen Chitfund Systems 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 Nextgen Chitfund Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nextgen Chitfund Systems Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ayush Agarwal was appointed as Director on 15 Apr 2022.
Frequently asked questions
Nextgen Chitfund Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in chit fund, within the financial services industry. It was incorporated on 15 April 2022 (4+ years old) and is registered under CIN U65992TG2022PTC161615.
Nextgen Chitfund Systems has 2 current directors:
- Ramesh Kumar - Director
- Ayush Agarwal - Director
The latest financial statements of Nextgen Chitfund Systems 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Nextgen Chitfund Systems is U65992TG2022PTC161615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgen Chitfund Systems has 3 court cases on record: 3 filed by the company. 3 are pending.
Nextgen Chitfund Systems was incorporated on 15 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nextgen Chitfund Systems by revenue are Bihar State Minorities Financial Corporation Limited, Madura Micro Finance Limited, Sree Harihara Puthra Chits Private Limited, Futurewealth Nidhi Limited, Kfin Nidhi Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Ayush Agarwal was appointed as Director on 15 Apr 2022. Ramesh Kumar was appointed as Director on 15 Apr 2022.
The registered office of Nextgen Chitfund Systems is at 5 – 9 – 30122 4th Floor Basheer Bagh, Hyderabad, Telangana, India – 500029.
Nextgen Chitfund Systems operates in the financial services industry, in the chit fund segment.
Nextgen Chitfund Systems has open charges of ₹2.31 Cr and no satisfied charges on record as per latest MCA filings.