Raghak Chits Private Limited
About Raghak Chits Private Limited
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Raghak Chits Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 04 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2009PTC133599. Its GSTIN is 27AAECR2700B1Z0 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors including Chandran Janardanan and Radhakrishnan Velayghan.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.92 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹93,223 (net margin 3.3%) and EBITDA of ₹1.33 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.
Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Raghak Chits Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.204 205/1st Flr Konark Indrayu Mall Sn – 7/1 7/2(Above Konark E Square) Cinema Hall K, Ondhwa Kd, Pune, Maharashtra, India – 411048
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Raghak 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
Business activity
The main business activity of Raghak Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Raghak Chits Private Limited, buy the company report.
Financials of Raghak Chits Private Limited
FY 2025 filings availableRaghak Chits Private Limited reported revenue of ₹27.92 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 11% fall in the latest year. EBITDA fell 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.33 Lakh | ||||
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| Net Profit (PAT) | ₹93,223 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Raghak Chits Private Limited, buy the company report.
Board of directors of Raghak Chits Private Limited
Raghak Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandran Janardanan Also directs: SNGS Education & Skill Development Foundation | Director | 04 Mar 2009 | 17 Years 7 Months | Current |
| Radhakrishnan Velayghan | Director | 04 Mar 2009 | 17 Years 7 Months | Current |
| Dileep Kumar Azaksan | Director | 04 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Raghak Chits Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indhan Impact Financial Services Private Limited | ₹28.29 Lakh (FY 2025) | 475.0% | Hyderabad, Telangana, India | |||
| Aaryanandi Nidhi Limited | ₹27.93 Lakh (FY 2025) | -67.0% | Aurangabad, Maharashtra, India | |||
| Raghak Chits Private Limitedthis company | ₹27.92 Lakh (FY 2025) | ₹93,223 | 3.3% | -11.0% | Pune, Maharashtra, India | |
| Bhimashankar Chits (India) Private Limited | ₹27.83 Lakh (FY 2025) | 26.0% | Pune, Maharashtra, India |
To see the full peer comparison of Raghak Chits Private Limited, buy the company report.
Auditor
Raghak Chits Private Limited is audited by SATHEESH MANMOHAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATHEESH MANMOHAN & ASSOCIATES | FY 2019 | 115267W |
Shareholding
The shareholding of Raghak Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Raghak Chits Private Limited, buy the company report.
Legal cases
Raghak Chits Private Limited has 16 court cases on record: 15 filed by Raghak Chits, 1 filed against it. 11 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 1 | 11 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Raghak 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 Raghak Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raghak Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR2700B1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raghak Chits Private Limited, buy the company report.
Recent activity
Raghak Chits Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Chandran Janardanan was appointed as Director on 04 Mar 2009.
Frequently asked questions
Raghak Chits is an active private limited company based in Pune, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 04 March 2009 (17+ years old) and is registered under CIN U65992PN2009PTC133599.
Raghak Chits has 3 current directors:
- Chandran Janardanan - Director
- Radhakrishnan Velayghan - Director
- Dileep Kumar Azaksan - Director
The latest financial statements of Raghak Chits 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 2015 are in the company report.
The GSTIN of Raghak Chits is 27AAECR2700B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raghak Chits is U65992PN2009PTC133599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raghak Chits has 16 court cases on record: 15 filed by the company and 1 filed against it. 11 are pending.
Raghak Chits was incorporated on 04 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Raghak Chits by revenue are Indhan Impact Financial Services Private Limited, Aaryanandi Nidhi Limited, Bhimashankar Chits (India) Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Chandran Janardanan was appointed as Director on 04 Mar 2009. Dileep Kumar Azaksan was appointed as Director on 04 Mar 2009. Radhakrishnan Velayghan was appointed as Director on 04 Mar 2009.
The registered office of Raghak Chits is at Shop No.204 2051st Flr Konark Indrayu Mall Sn – 71 72Above Konark E Square Cinema Hall K, Ondhwa Kd, Pune, Maharashtra, India – 411048.
Raghak Chits operates in the financial services industry, in the microfinance institutions segment.