PSB Chits Private Limited
About PSB Chits Private Limited
Data last updated:
PSB Chits Private Limited was a private limited company based in Gurgaon, 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 microfinance institutions segment of the financial services sector. It was incorporated on 31 January 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65992HR2008PTC037580. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Iqbal Bahadur Singh Baweja and Parmeet Singh Baweja.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 292 – B Mianwali, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2017, the company reported a revenue of ₹32.47 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹31,753 (net margin 1%) and EBITDA of ₹4.84 Lakh (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
Court records list 18 cases involving the company, including 13 filed by the company and 4 filed against it; 3 cases are pending.
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- Registered Address292 – B Mianwali, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Microfinance Institutions
- 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 PSB Chits Private Limited
The main business activity of PSB 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 PSB Chits Private Limited FY 2017 filings available
PSB Chits Private Limited reported revenue of ₹32.47 Lakh (down 10% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of PSB Chits Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 38% 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 PSB Chits Private Limited
| Metrics | 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 | ₹4.84 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,753 | •••• | •••• |
| 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 PSB Chits Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.9% | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• |
| 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 PSB 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 PSB Chits Private Limited
PSB Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epitome Kuries Private Limited | •••• | •••• | •••• | •••• | - | Tilak Nagar, Mumbai, Maharashtra, India |
| Kshemodayam Kuries Private Ltd | •••• | •••• | •••• | •••• | - | Trichur, Kerala, India |
| Asb Nidhi Limited | •••• | •••• | •••• | •••• | - | Alleppey, Kerala, India |
| Chakkaravarthi Chits Private Limited | •••• | •••• | •••• | •••• | - | Trichy-621010, Tamil Nadu, India |
| Bruhathi Chits Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| PSB Chits Private Limited this company | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Shrushti Chits Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Harsh Micro Finance | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Dil Deep Chits Private Limited | •••• | •••• | •••• | •••• | - | Panipat, Haryana, India |
| Atulya Nirman Micro Finance Association | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Nambakam Saswatha Nidhi Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below PSB Chits by revenue in the BFSI industry (Micro Finance), 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 PSB Chits Private Limited
PSB Chits Private Limited is audited by V P G S & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V P G S & CO | 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 PSB Chits Private Limited
PSB Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iqbal Bahadur Singh Baweja | Director | 31 Jan 2008 | 18 Years 8 Months | As last reported |
| Parmeet Singh Baweja | Director | 31 Jan 2008 | 18 Years 8 Months | As last reported |
Ownership and Shareholding of PSB 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 PSB Chits Private Limited
PSB Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of PSB Chits Private Limited
PSB Chits Private Limited has 18 court cases on record: 13 filed by PSB Chits, 4 filed against it, 1 where it is another party. 3 cases are pending and 15 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 4 | 3 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Revision petition | Filed against the company by an individual | Pending |
| District court, West, Delhi | Court case (Cr. Case) | Company is another party | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at PSB Chits Private Limited
Employment history and EPFO contributions of people linked to PSB 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 PSB Chits Private Limited
PSB Chits Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Iqbal Bahadur Singh Baweja was appointed as Director on 31 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for PSB 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 PSB 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 PSB 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 PSB Chits Private Limited
PSB 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 PSB 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 PSB Chits Private Limited
PSB 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.
PSB Chits was a private limited company based in Gurgaon, Haryana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 31 January 2008 and is registered under CIN U65992HR2008PTC037580. The company has been struck off by the Registrar of Companies and is no longer operational.
PSB Chits had 2 directors:
- Iqbal Bahadur Singh Baweja - Director
- Parmeet Singh Baweja - Director
The CIN (Corporate Identification Number) of PSB Chits is U65992HR2008PTC037580. 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 PSB Chits is at 292 – B Mianwali, Gurgaon, Haryana, India – 122001.
PSB Chits was incorporated on 31 January 2008. It is registered with the Registrar of Companies, Delhi.
PSB Chits reported revenue of ₹32.47 Lakh for FY 2017 (down 10% YoY).
PSB Chits has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.
PSB Chits reported a net profit of ₹31,753 (net margin 1%) and EBITDA of ₹4.84 Lakh (EBITDA margin 14.9%) for FY 2017, as per its filed financial statements.
No. PSB Chits has 1 GST registration on record and it is cancelled or inactive.
PSB Chits operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.