MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0053811
Northeast Chit Fund Services Private Limited - financial services in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.62 Cr
▲ 32% YoY
Net profit · FY 2024
₹1.89 Cr
Net margin 12.9%
EBITDA · FY 2024
₹3.66 Cr
EBITDA margin 25.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.16 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
23
Provident fund records
About Northeast Chit Fund Services Private Limited
Data last updated:
Northeast Chit Fund Services Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93000TG2010PTC071274. Its GSTIN is 36AADCT6493N1ZL (Telangana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Tirumala Texturisers Private Limited and Northedge Chit Fund Private Limited. It is led by directors including Agarwal Nitin and Naresh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mch No 1 – 7 – 301/Ff/24 To 27 First Floor Hardy Commercial Complex M.G Road., Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.62 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 12.9%) and EBITDA of ₹3.66 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Northeast Chit Fund Services. As per MCA filings, the company has open charges of ₹3.16 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 6 cases are pending.
Northeast Chit Fund Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0053811). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northeastworld.com.
Company details
CIN U93000TG2010PTC071274
Registration Number 071274
Incorporation Date 19 November 2010
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0053811
Name history
Northeast Chit Fund Services has undergone 5 name changes throughout its history. The current legal name is Northeast Chit Fund Services Private Limited.
| Company Name | Status |
|---|---|
| Northeast Chit Fund Services Private Limited | Current |
| Tirumala Texturisers Private Limited | Previous |
| Northedge Chit Fund Private Limited | Previous |
| Northeast Chit Fund Private Limited | Previous |
| Northend Chit Fund Private Limited | Previous |
CIN history
Northeast Chit Fund Services has one previous CIN (Corporate Identification Number): U17121TG2010PTC071274. The current CIN is U93000TG2010PTC071274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000TG2010PTC071274 | Current |
| U17121TG2010PTC071274 | Previous |
Recognitions & Rankings of Northeast Chit Fund Services
Contact details
Northeast Chit Fund Services Private Limited's registered office is in Secunderabad, Telangana. Its website is northeastworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMch No 1 – 7 – 301/Ff/24 To 27 First Floor Hardy Commercial Complex M.G Road., Secunderabad, Telangana, India – 500003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Northeast Chit Fund Services Private Limited, buy the company report.
Comprehensive company report
Northeast Chit Fund Services Private Limited - one report that includes everything
- 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
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Brands
Northeast Chit Fund Services operates one associated brand: Northeast Chit Fund Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides chit fund plans for secure investment and financial savings. | northeastworld.com |
Business activity
The main business activity of Northeast Chit Fund Services 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 Northeast Chit Fund Services Private Limited, buy the company report.
Financials of Northeast Chit Fund Services Private Limited
FY 2024 filings availableNortheast Chit Fund Services Private Limited reported revenue of ₹14.62 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹14.62 Cr ▲ 32%
Net profit · FY 2024
₹1.89 Cr margin 12.9%
EBITDA · FY 2024
₹3.66 Cr margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 54%
EBITDA CAGR growth
3 years · compounded
▲ 21%
5 years · compounded
▲ 429%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 32% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.89 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 12.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Northeast Chit Fund Services Private Limited, buy the company report.
Board of directors of Northeast Chit Fund Services Private Limited
Northeast Chit Fund Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Agarwal Nitin Also directs: Northeast Constructions LLP | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Naresh Kumar Also directs: Northeast Constructions LLP, Bhagyarekha Mansions LLP | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Rajendra Kumar Agarwal Also directs: Northeast Constructions LLP, Finespun International LLP | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Ritesh Kumar Agarwal Also directs: Northeast Constructions LLP, Finespun International LLP | Director | 31 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Northeast Chit Fund Services Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Anson Chits India Private Limited | ₹15.63 Cr (FY 2025) | 28.0% | Nedumkandam, Kerala, India | |||
| Nagai Sivasakthi Sagaya Nala Nidhi Limited | ₹15.49 Cr (FY 2021) | 8.0% | Nagapattinam, Tamil Nadu, India | |||
| NM Nedumparambil Nidhi Limited | ₹15.09 Cr (FY 2023) | 48.0% | Ernakulam, Kerala, India | |||
| Gentleman Chit Funds Company India Private Limited | ₹14.72 Cr (FY 2025) | 4.0% | Kottayam, Kerala, India | |||
| Northeast Chit Fund Services Private Limitedthis company | ₹14.62 Cr (FY 2024) | ₹1.89 Cr | 12.9% | 32.0% | 23 | Secunderabad, Telangana, India |
| Sree Jaya Nathan Chits Private Limited | ₹14.12 Cr (FY 2025) | 44.0% | Manaparai Tk, Tamil Nadu, India | |||
| Sree Visalam Chit Fund Ltd | ₹13.48 Cr (FY 2024) | 7.0% | Tirunelveli Town, Tamil Nadu, India | |||
| Abhishek Chit Funds Private Limited | ₹13.28 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Northeast Chit Fund Services Private Limited, buy the company report.
Auditor
Northeast Chit Fund Services Private Limited is audited by B Vithlani & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Vithlani & Co | FY 2024 | 213135 |
Shareholding
The shareholding of Northeast Chit Fund Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Northeast Chit Fund Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101087229 | Hdfc Bank Limited | ₹26.3 Lakh | Open | |
| 30 Sep 2024 | 101024387 | Hdfc Bank Limited | ₹94.85 Lakh | Open | |
| 21 Mar 2023 | 100715520 | Hdfc Bank Limited | ₹94.95 Lakh | Open | |
| 29 Mar 2022 | 100767074 | Hdfc Bank Limited | ₹16.15 Lakh | Open | |
| 29 Mar 2022 | 100767076 | Hdfc Bank Limited | ₹83.61 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
Northeast Chit Fund Services Private Limited has 7 court cases on record: 7 filed by Northeast Chit Fund Services. 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
7
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against M/S. SNM Developers Pvt. Ltd., Rep. by Its Managing Director Mr.S.Narasimha Murthy and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Northeast Chit Fund Services 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 Northeast Chit Fund Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Northeast Chit Fund Services Private Limited has a workforce of 23 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
64.29%
GST
Northeast Chit Fund Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCT6493N1ZL | Telangana | Active | 28 May 2019 |
To see the full GST registrations and return filing status of Northeast Chit Fund Services Private Limited, buy the company report.
Recent activity
Northeast Chit Fund Services Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Rajendra Kumar Agarwal was appointed as Director on 31 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101087229 was registered on 25 Mar 2025.
AGM
Northeast Chit Fund Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 101024387 was registered on 30 Sep 2024.
Filing
Northeast Chit Fund Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100715520 was registered on 21 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100767074 was registered on 29 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.84 Cr with Charge ID 100767076 was registered on 29 Mar 2022.
Appointed
Rajendra Kumar Agarwal was appointed as Director.
Appointed
Ritesh Kumar Agarwal was appointed as Director.
Ceased
Rajendra Kumar Agarwal ceased to be Director.
Ceased
Ritesh Kumar Agarwal ceased to be Director.
Ceased
Mahesh Kumar Agarwal ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Northeast Chit Fund Services is an active private limited company based in Secunderabad, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 November 2010 (16+ years old) and is registered under CIN U93000TG2010PTC071274.
Northeast Chit Fund Services has 4 current directors:
- Agarwal Nitin - Director
- Naresh Kumar - Director
- Rajendra Kumar Agarwal - Director
- Ritesh Kumar Agarwal - Director
The latest financial statements of Northeast Chit Fund Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Northeast Chit Fund Services is 36AADCT6493N1ZL, registered in Telangana.
The CIN (Corporate Identification Number) of Northeast Chit Fund Services is U93000TG2010PTC071274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northeast Chit Fund Services has 7 court cases on record: 7 filed by the company. 6 are pending.
Northeast Chit Fund Services was incorporated on 19 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Northeast Chit Fund Services by revenue are Anson Chits India Private Limited, Nagai Sivasakthi Sagaya Nala Nidhi Limited, NM Nedumparambil Nidhi Limited, Gentleman Chit Funds Company India Private Limited, Sree Jaya Nathan Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Rajendra Kumar Agarwal was appointed as Director on 31 May 2021. Ritesh Kumar Agarwal was appointed as Director on 31 May 2021. Rajendra Kumar Agarwal ceased to be Director on 16 Dec 2020. Northeast Chit Fund Services has 7 board changes on record in total.
Yes, Northeast Chit Fund Services is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0053811).
Northeast Chit Fund Services can be reached through the website northeastworld.com. Its registered office is in Secunderabad, Telangana, India.
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