Nitiman Chits Private Limited
About Nitiman Chits Private Limited
Data last updated:
Nitiman Chits Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2016PTC065774.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Goel and Manik Aggarwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Unit No. 812 8th Floor Tower – A Paras Trinity Sector – 63, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.78 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹36,266 (net margin 4.7%) and EBITDA of ₹36,266 (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressUnit No. 812 8th Floor Tower – A Paras Trinity Sector – 63, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Diversified Financial Services
- 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 Nitiman Chits Private Limited
The main business activity of Nitiman 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 Nitiman Chits Private Limited FY 2020 filings available
Nitiman Chits Private Limited reported revenue of ₹7.78 Lakh (down 47% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Nitiman Chits Private Limited
Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 70% 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 Nitiman Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹7.78 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹36,266 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36,266 | •••• | •••• | •••• |
| 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 Nitiman Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• |
| 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 Nitiman Chits are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Nitiman Chits Private Limited
Nitiman Chits Private Limited is audited by ARUN MEHTA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARUN MEHTA & ASSOCIATES | 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 Nitiman Chits Private Limited
Nitiman Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Goel | Director | 15 Sep 2016 | 10 Years 0 Months | Current |
| Manik Aggarwal | Director | 15 Sep 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
Nitiman Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nitiman Chits Private Limited
Employment history and EPFO contributions of people linked to Nitiman 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 Nitiman Chits Private Limited
Nitiman Chits Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Manik Aggarwal was appointed as Director on 15 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
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 Nitiman Chits Private Limited
Nitiman Chits is an active private limited company based in Gurgaon, Haryana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 September 2016 (10+ years old) and is registered under CIN U74999HR2016PTC065774.
Nitiman Chits reported revenue of ₹7.78 Lakh for FY 2020 (down 47% YoY).
Nitiman Chits has 2 current directors:
- Nitin Goel - Director
- Manik Aggarwal - Director
Nitiman Chits reported a net profit of ₹36,266 (net margin 4.7%) and EBITDA of ₹36,266 (EBITDA margin 4.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nitiman Chits is 28% over three years. In the latest year (FY 2020) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nitiman Chits is U74999HR2016PTC065774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitiman Chits was incorporated on 15 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Haryana.
Manik Aggarwal was appointed as Director on 15 Sep 2016. Nitin Goel was appointed as Director on 15 Sep 2016.
The registered office of Nitiman Chits is at Unit No. 812 8th Floor Tower – A Paras Trinity Sector – 63, Gurgaon, Haryana, India – 122001.
Nitiman Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.