Punjani Chits Private Limited
About Punjani Chits Private Limited
Data last updated:
Punjani Chits Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 11 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1985PTC020097. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Avinash Kumar Punjani and Saroj Bala.
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 S – 10 Ajay Enclave, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹53,895 (net margin -52.7%) and EBITDA of -₹35,331 (EBITDA margin -34.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 37% over five years.
Court records list 111 cases involving the company, including 84 filed by the company and 27 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Punjani Chits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 10 Ajay Enclave, New Delhi, Delhi, India – 110018
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Punjani Chits 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
Financials of Punjani Chits Private Limited
FY 2024 filings availablePunjani Chits Private Limited reported revenue of ₹1.02 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 84% fall in the latest year. EBITDA fell 200% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹35,331 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹53,895 | ||||
| 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 | -34.5% | ||||
| Net Profit Margin | -52.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Punjani Chits Private Limited, buy the company report.
Board of directors of Punjani Chits Private Limited
Punjani Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Kumar Punjani | Director | 11 Feb 1985 | 41 Years 8 Months | Current |
| Saroj Bala Also directs: Punjani Sales Private Limited | Director | 01 Apr 1991 | 35 Years 6 Months | Current |
| Mukesh Punjani Also directs: Punjani Sales Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Punjani Chits Private Limited is audited by I. P. PASRICHA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I. P. PASRICHA & CO. | FY 2017 | 000120N |
Shareholding
The shareholding of Punjani Chits 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 Punjani Chits Private Limited, buy the company report.
Legal cases
Punjani Chits Private Limited has 111 court cases on record: 84 filed by Punjani Chits, 27 filed against it. 17 cases are pending and 94 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 106 | 22 | 17 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Tanish Forwarders Pvt Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Punjani Chits 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 Punjani Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punjani Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Punjani Chits Private Limited, buy the company report.
Recent activity
Punjani Chits Private Limited has 3 board changes on record since 1985: 3 appointments. The latest: Mukesh Punjani was appointed as Director on 20 Jun 2022.
Frequently asked questions
Punjani Chits is an active private limited company based in New Delhi, Delhi, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 11 February 1985 (41+ years old) and is registered under CIN U74899DL1985PTC020097.
Punjani Chits has 3 current directors:
- Avinash Kumar Punjani - Director
- Saroj Bala - Director
- Mukesh Punjani - Director
The latest financial statements of Punjani Chits 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.
No. Punjani Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjani Chits is U74899DL1985PTC020097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjani Chits has 111 court cases on record: 84 filed by the company and 27 filed against it. 17 are pending. Most are in the district courts.
Punjani Chits was incorporated on 11 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Mukesh Punjani was appointed as Director on 20 Jun 2022. Saroj Bala was appointed as Director on 01 Apr 1991. Avinash Kumar Punjani was appointed as Director on 11 Feb 1985.
The registered office of Punjani Chits is at S – 10 Ajay Enclave, New Delhi, Delhi, India – 110018.
Punjani Chits operates in the financial services industry, in the financial and credit leasing segment.