Saishrushti Chits Private Limited
About Saishrushti Chits Private Limited
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Saishrushti Chits Private Limited is a private limited company based in Akole, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2014PTC152738. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nitin Dadasaheb Kokane (Whole-Time Director) and Sachin Laxman Aher (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S.N.135/22 M.N. 469/1 Gala No 2 Akole, Maharashtra, India – 422601.
As per the financials filed for FY 2016, the company reported a revenue of ₹30.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹74,369 (net margin 2.4%) and EBITDA of ₹11.82 Lakh (EBITDA margin 38.6%).
Court records list 17 cases involving the company, including 17 filed by the company; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saishrushti Chits Private Limited's registered office is in Akole, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressS.N.135/22 M.N. 469/1 Gala No 2 Akole, Maharashtra, India – 422601
- IndustryFinancial Services, Financial Activities
To see the full contact details of Saishrushti 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 Saishrushti 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 |
Financials of Saishrushti Chits Private Limited
FY 2023 filings availableSaishrushti Chits Private Limited reported revenue of ₹30.65 Lakh (up 633% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 633% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹30.65 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹11.82 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹74,369 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 38.6% | |
| Net Profit Margin | 2.4% | |
| 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 Saishrushti Chits Private Limited, buy the company report.
Board of directors of Saishrushti Chits Private Limited
Saishrushti Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Dadasaheb Kokane | Whole-Time Director | 08 Oct 2014 | 12 Years 0 Months | Current |
| Sachin Laxman Aher | Whole-Time Director | 08 Oct 2014 | 12 Years 0 Months | Current |
| Sachin Sandip Shete | Whole-Time Director | 08 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Saishrushti Chits Private Limited is audited by SURASHREE PAWAR AND ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURASHREE PAWAR AND ASSOCIATES | FY 2016 | 142189 |
Shareholding
The shareholding of Saishrushti Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Saishrushti Chits Private Limited, buy the company report.
Legal cases
Saishrushti Chits Private Limited has 17 court cases on record: 17 filed by Saishrushti Chits. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 9 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Saishrushti 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 Saishrushti Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saishrushti 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 Saishrushti Chits Private Limited, buy the company report.
Recent activity
Saishrushti Chits Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Ravindra Kundlik Deshmukh ceased to be Whole-Time Director on 05 Sep 2018.
Frequently asked questions
Saishrushti Chits is an active private limited company based in Akole, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 October 2014 (12+ years old) and is registered under CIN U65992PN2014PTC152738.
Saishrushti Chits has 3 current directors:
- Nitin Dadasaheb Kokane - Whole-Time Director
- Sachin Laxman Aher - Whole-Time Director
- Sachin Sandip Shete - Whole-Time Director
The latest financial statements of Saishrushti Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Saishrushti Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saishrushti Chits is U65992PN2014PTC152738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saishrushti Chits has 17 court cases on record: 17 filed by the company. 9 are pending.
Saishrushti Chits was incorporated on 08 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Ravindra Kundlik Deshmukh ceased to be Whole-Time Director on 05 Sep 2018. Nitin Dadasaheb Kokane was appointed as Whole-Time Director on 08 Oct 2014. Sachin Laxman Aher was appointed as Whole-Time Director on 08 Oct 2014. Saishrushti Chits has 4 board changes on record in total.
The registered office of Saishrushti Chits is at S.N.13522 M.N. 4691 Gala No 2 Akole, Maharashtra, India – 422601.
Saishrushti Chits operates in the financial services industry, in the financial activities segment.