Rajlakshmi Chits Private Limited
About Rajlakshmi Chits Private Limited
Data last updated:
Rajlakshmi 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 13 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2003PTC017781. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹28.5 Lakh. It is led by directors Ravindran Raghavan Pillai (Managing Director) and Rohit Ravindran Pillai.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Third Floor Pride Plaza Pimpri Chawk Pimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.77 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.75 Lakh (net margin 81.2%) and EBITDA of ₹8.77 Lakh (EBITDA margin 81.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹42.68 Lakh on record. Court records list 95 cases involving the company, including 79 filed by the company and 16 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rajlakshmi Chits Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThird Floor Pride Plaza Pimpri Chawk Pimpri, Pune, Maharashtra, India – 411018
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Rajlakshmi 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 Rajlakshmi Chits Private Limited
FY 2021 filings availableRajlakshmi Chits Private Limited reported revenue of ₹10.77 Lakh (up 182% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 182% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.77 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.75 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.4% | ||||
| Net Profit Margin | 81.2% | ||||
| 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 Rajlakshmi Chits Private Limited, buy the company report.
Board of directors of Rajlakshmi Chits Private Limited
Rajlakshmi Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindran Raghavan Pillai Also directs: Farmify Agrotech LLP | Managing Director | 13 Mar 2003 | 23 Years 7 Months | Current |
| Rohit Ravindran Pillai | Director | 01 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
Rajlakshmi Chits Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Vagdevi Chit Funds Private Limited | ₹10.79 Lakh (FY 2025) | -33.0% | Bowenpally, Sec-Bad-11, Telangana, India | |||
| Infinity Microcredit Foundation | ₹10.79 Lakh (FY 2025) | -60.0% | Varanasi, Uttar Pradesh, India | |||
| Rajlakshmi Chits Private Limitedthis company | ₹10.77 Lakh (FY 2020) | ₹8.75 Lakh | 81.2% | 182.0% | Pune, Maharashtra, India | |
| Anu Chit Funds (Andhra) Private Limited | ₹10.72 Lakh (FY 2025) | 19.0% | Secunderabad, Telangana, India | |||
| Sree Amrutham Chit Fund Private Limited | ₹10.68 Lakh (FY 2025) | -2.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Rajlakshmi Chits Private Limited, buy the company report.
Auditor
Rajlakshmi Chits Private Limited is audited by A N PATHAK & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N PATHAK & ASSOCIATES | FY 2020 | 139084W |
Shareholding
The shareholding of Rajlakshmi Chits Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rajlakshmi Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2009 | 10192913 | Punjab National Bank | ₹42.68 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Rajlakshmi Chits Private Limited has 95 court cases on record: 79 filed by Rajlakshmi Chits, 16 filed against it. 25 cases are pending and 70 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 95 | 16 | 25 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Financial Services Ltd | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against M/S Pragathi Finance and Investments Corp Etc 2 | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Rajlakshmi 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 Rajlakshmi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajlakshmi Chits Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Rajlakshmi 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 Rajlakshmi Chits Private Limited, buy the company report.
Recent activity
Rajlakshmi Chits Private Limited has 8 board changes on record since 2003: 5 appointments and 3 cessations. The latest: Kishor Kirtikumar Saswade ceased to be Additional Director on 01 Jun 2019.
Frequently asked questions
Rajlakshmi 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 13 March 2003 (23+ years old) and is registered under CIN U65992PN2003PTC017781.
Rajlakshmi Chits has 2 current directors:
- Ravindran Raghavan Pillai - Managing Director
- Rohit Ravindran Pillai - Director
The latest financial statements of Rajlakshmi Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Rajlakshmi Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajlakshmi Chits is U65992PN2003PTC017781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajlakshmi Chits has 95 court cases on record: 79 filed by the company and 16 filed against it. 25 are pending.
Rajlakshmi Chits was incorporated on 13 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rajlakshmi Chits by revenue are Vagdevi Chit Funds Private Limited, Infinity Microcredit Foundation, Anu Chit Funds (Andhra) Private Limited, Sree Amrutham Chit Fund Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kishor Kirtikumar Saswade ceased to be Additional Director on 01 Jun 2019. Rohit Ravindran Pillai was appointed as Director on 01 Jun 2019. Gopinatha Raghavan Pillai ceased to be Director on 01 Mar 2018. Rajlakshmi Chits has 8 board changes on record in total.
The registered office of Rajlakshmi Chits is at Third Floor Pride Plaza Pimpri Chawk Pimpri, Pune, Maharashtra, India – 411018.
Rajlakshmi Chits operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
