Safewealth Chits Private Limited
About Safewealth Chits Private Limited
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Safewealth Chits Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2013PTC146461. Its GSTIN is 27AASCS7537D1ZW (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rohit Namdev Bangar and Ganesh Mallesh Kadarapurkar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at S.No.113/2/1 Shop No.03 Hari Om Plaza Nadhenagar Main Road Kalewadi, Pune, Maharashtra, India – 411017.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.41 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹12,669 (net margin 2%) and EBITDA of ₹27,420 (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Safewealth 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 AddressS.No.113/2/1 Shop No.03 Hari Om Plaza Nadhenagar Main Road Kalewadi, Pune, Maharashtra, India – 411017
- IndustryFinancial Services, Financial Activities
To see the full contact details of Safewealth 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 Safewealth Chits 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 Safewealth Chits Private Limited, buy the company report.
Financials of Safewealth Chits Private Limited
FY 2020 filings availableSafewealth Chits Private Limited reported revenue of ₹6.41 Lakh (down 37% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 37% fall in the latest year. EBITDA fell 75% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹27,420 | ||||
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| Net Profit (PAT) | ₹12,669 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Safewealth Chits Private Limited, buy the company report.
Board of directors of Safewealth Chits Private Limited
Safewealth Chits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Namdev Bangar | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Ganesh Mallesh Kadarapurkar | Director | 20 Dec 2015 | 10 Years 10 Months | Current |
| Sachin Ramesh Kale Also directs: Sketch Art Builtcon LLP | Director | 01 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Safewealth Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Helpline Kuries Private Limited | ₹6.43 Lakh (FY 2019) | 376.0% | Chalakudi, Kerala, India | |||
| Wadakkanchery General Nidhi Limited | ₹6.42 Lakh (FY 2025) | -72.0% | Thrissur, Kerala, India | |||
| Karwar Chits Private Limited | ₹6.42 Lakh (FY 2023) | 52.0% | Karwar, Karnataka, India | |||
| Wrinkle Merchants Private Limited | ₹6.42 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Varandarappilly Investments Pvt Ltd | ₹6.42 Lakh (FY 2017) | -9.0% | Thrissur, Kerala, India | |||
| Safewealth Chits Private Limitedthis company | ₹6.41 Lakh (FY 2020) | ₹12,669 | 2% | -37.0% | Pune, Maharashtra, India | |
| Ki & San's Micro Finance Private Limited | ₹6.41 Lakh (FY 2025) | 0.0% | Dohad, Gujarat, India | |||
| Nirmala Micro Finance Private Limited | ₹6.41 Lakh (FY 2023) | Varanasi, Uttar Pradesh, India | ||||
| Dakshin Nidhi Limited | ₹6.41 Lakh (FY 2019) | 1098.0% | Kozhikode, Kerala, India | |||
| Rocky Datamatics Pvt Ltd | ₹6.41 Lakh (FY 2020) | -86.0% | Kolkata, West Bengal, India | |||
| Arsikere Vasavi Chits Private Limited | ₹6.41 Lakh (FY 2022) | -39.0% | Arasikere, Karnataka, India |
To see the full peer comparison of Safewealth Chits Private Limited, buy the company report.
Auditor
Safewealth Chits Private Limited is audited by RAJ KISHOR AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ KISHOR AND ASSOCIATES | FY 2017 | 128462W |
Shareholding
The shareholding of Safewealth 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 Safewealth Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Safewealth Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Safewealth Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Safewealth Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS7537D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safewealth Chits Private Limited, buy the company report.
Recent activity
Safewealth Chits Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Rohit Namdev Bangar was appointed as Director on 12 Feb 2021.
Frequently asked questions
Safewealth Chits is an active private limited company based in Pune, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 March 2013 (13+ years old) and is registered under CIN U65992PN2013PTC146461.
Safewealth Chits has 3 current directors:
- Rohit Namdev Bangar - Director
- Ganesh Mallesh Kadarapurkar - Director
- Sachin Ramesh Kale - Director
The latest financial statements of Safewealth Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Safewealth Chits is 27AASCS7537D1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Safewealth Chits is U65992PN2013PTC146461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safewealth Chits was incorporated on 01 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Safewealth Chits by revenue are Helpline Kuries Private Limited, Wadakkanchery General Nidhi Limited, Karwar Chits Private Limited, Wrinkle Merchants Private Limited, Varandarappilly Investments Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Rohit Namdev Bangar was appointed as Director on 12 Feb 2021. Marlinga Kadrapurkar ceased to be Director on 22 Dec 2015. Pradeep Sheshrao Shinde ceased to be Director on 22 Dec 2015. Safewealth Chits has 6 board changes on record in total.
The registered office of Safewealth Chits is at S.No.11321 Shop No.03 Hari Om Plaza Nadhenagar Main Road Kalewadi, Pune, Maharashtra, India – 411017.
Safewealth Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Safewealth Chits is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
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