About Rajratna Chit Fund Private Limited
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Rajratna Chit Fund 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 20 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2010PTC137370. Its GSTIN is 27AAECR9617D1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Abhishek Arjun Hande and Sarika Santosh Barbade.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Akanksha Appt Pl No 44 Cdc Shop No.1 Rto Rd Nr Hp Petrol Pump Purnanagar Chinchwad, Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.56 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹10.95 Lakh (net margin 7%) and EBITDA of ₹28.34 Lakh (EBITDA margin 18.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rajratna chit fund pvt ltd. As per MCA filings, the company has open charges of ₹38 Lakh on record. Court records list 299 cases involving the company, including 273 filed by the company and 26 filed against it; 143 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajyogchitfund.com.
Company details
Contact details
Rajratna Chit Fund Private Limited's registered office is in Pune, Maharashtra. Its website is rajyogchitfund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAkanksha Appt Pl No 44 Cdc Shop No.1 Rto Rd Nr Hp Petrol Pump Purnanagar Chinchwad, Pune, Maharashtra, India – 411019
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Rajratna Chit Fund 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
Brands
Rajratna Chit Fund operates one associated brand: Rajratna chit fund pvt ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund operations and cooperative services in Chinchwad. | rajyogchitfund.com |
Business activity
The main business activity of Rajratna Chit Fund 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 Rajratna Chit Fund Private Limited, buy the company report.
Financials of Rajratna Chit Fund Private Limited
FY 2022 filings availableRajratna Chit Fund Private Limited reported revenue of ₹1.56 Cr (down 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 23% fall in the latest year. EBITDA rose 45% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.56 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹28.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rajratna Chit Fund Private Limited, buy the company report.
Board of directors of Rajratna Chit Fund Private Limited
Rajratna Chit Fund has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Arjun Hande | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Sarika Santosh Barbade | Director | 10 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Rajratna Chit Fund Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Kuri Land Pvt Ltd | ₹1.59 Cr (FY 2024) | 83.0% | Thrissur, Kerala, India | |||
| Akpm Chit Private Limited | ₹1.59 Cr (FY 2025) | -9.0% | Ramanathapuram, Tamil Nadu, India | |||
| Salem Sree Ramavilas Chit Company Private Limited | ₹1.58 Cr (FY 2025) | 11.0% | Salem, Tamil Nadu, India | |||
| Yuvadarsan Kuries Private Limited | ₹1.57 Cr (FY 2025) | 11.0% | Thrissur, Kerala, India | |||
| Rajratna Chit Fund Private Limitedthis company | ₹1.56 Cr (FY 2022) | ₹10.95 Lakh | 7% | -23.0% | 8 | Pune, Maharashtra, India |
| Nagapattinam Sivasakthi Chit Funds Private Limited | ₹1.55 Cr (FY 2021) | -12.0% | Tamil Nadu, India | |||
| Ahili Chits Private Limited | ₹1.54 Cr (FY 2023) | 116.0% | Madikeri, Karnataka, India | |||
| PFL Nidhi Limited | ₹1.54 Cr (FY 2024) | 74.0% | Jaipur, Rajasthan, India | |||
| Hanman Chits Mancherial (India) Private Limited | ₹1.53 Cr (FY 2024) | -2.0% | Mancherial, Telangana, India |
To see the full peer comparison of Rajratna Chit Fund Private Limited, buy the company report.
Auditor
Rajratna Chit Fund Private Limited is audited by BANG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANG & ASSOCIATES | FY 2022 | 129621W |
Shareholding
The shareholding of Rajratna Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rajratna Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2020 | 100361930 | Others | ₹38 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Rajratna Chit Fund Private Limited has 299 court cases on record: 273 filed by Rajratna Chit Fund, 26 filed against it. 143 cases are pending and 156 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 299 | 26 | 143 |
Cases on record (5 of 299)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by The Federal Bank Limited Through Signatory Mrs Ranjana Shashikant Surve | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Affordable Robotic and Automation Ltd Through Shailesh Vinayakrao Kulkarni | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Crystal Swimming Pools India Pvt Ltd Through Swarajanand Suhaschandra Katyayani | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
To see the full case history of Rajratna Chit Fund 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 Rajratna Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajratna Chit Fund Private Limited has a workforce of 8 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Rajratna Chit Fund has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR9617D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajratna Chit Fund Private Limited, buy the company report.
Recent activity
Rajratna Chit Fund Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Abhishek Arjun Hande ceased to be Additional Director on 30 Sep 2022.
4 earlier events are in the company report.
Frequently asked questions
Rajratna Chit Fund 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 20 September 2010 (16+ years old) and is registered under CIN U65992PN2010PTC137370.
Rajratna Chit Fund has 2 current directors:
- Abhishek Arjun Hande - Director
- Sarika Santosh Barbade - Director
The latest financial statements of Rajratna Chit Fund on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajratna Chit Fund is 27AAECR9617D1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajratna Chit Fund is U65992PN2010PTC137370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajratna Chit Fund has 299 court cases on record: 273 filed by the company and 26 filed against it. 143 are pending.
Rajratna Chit Fund was incorporated on 20 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rajratna Chit Fund by revenue are Kuri Land Pvt Ltd, Akpm Chit Private Limited, Salem Sree Ramavilas Chit Company Private Limited, Yuvadarsan Kuries Private Limited, Nagapattinam Sivasakthi Chit Funds Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Abhishek Arjun Hande ceased to be Additional Director on 30 Sep 2022. Nitin Santosh Tayde ceased to be Additional Director on 30 Sep 2022. Abhishek Arjun Hande was appointed as Director on 04 Jul 2022. Rajratna Chit Fund has 12 board changes on record in total.
Rajratna Chit Fund can be reached through the website rajyogchitfund.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Rajratna Chit Fund is at Akanksha Appt Pl No 44 Cdc Shop No.1 Rto Rd Nr Hp Petrol Pump Purnanagar Chinchwad, Pune, Maharashtra, India – 411019.
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