Saptashrungi Chits Private Limited
About Saptashrungi Chits Private Limited
Data last updated:
Saptashrungi Chits Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 10 December 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH2012PTC238641. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sajesh Kalikkot Veettil and Puthukandy Balakrishnan Kunhiraman.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Sector 20, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.51 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40,621 (net margin 7.4%) and EBITDA of ₹70,064 (EBITDA margin 12.7%).
Company details
Contact details
Saptashrungi Chits Private Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressOm Arcade Office No.56/71 Plot No.1 Sector 20 Near Turbhe Railway Station Turbhe (Wes, T), Navi Mumbai, Maharashtra, India – 400705
- IndustryFinancial Services, Financial Activities
- 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 Saptashrungi 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 Saptashrungi Chits Private Limited, buy the company report.
Financials of Saptashrungi Chits Private Limited
FY 2015 filings availableSaptashrungi Chits Private Limited reported revenue of ₹5.51 Lakh (up 934% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 934% in the latest year. EBITDA rose 129% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹70,064 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹40,621 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 12.7% |
| Net Profit Margin | 7.4% |
| 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 Saptashrungi Chits Private Limited, buy the company report.
Board of directors of Saptashrungi Chits Private Limited
Saptashrungi Chits has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajesh Kalikkot Veettil | Director | 10 Dec 2012 | 13 Years 11 Months | As last reported |
| Puthukandy Balakrishnan Kunhiraman Also directs: Ambit Tours and Travels Private Limited | Director | 10 Dec 2012 | 13 Years 11 Months | As last reported |
Peer comparison
Saptashrungi 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 |
|---|---|---|---|---|---|---|
| Shri Lakshmiranga Chits Private Limited | ₹5.52 Lakh (FY 2022) | 26.0% | Bangalore, Karnataka, India | |||
| Puliyannur Kuries Private Limited | ₹5.51 Lakh (FY 2015) | -43.0% | Thrissur, Kerala, India | |||
| Meridian Finance Pvt Ltd | ₹5.51 Lakh (FY 2025) | -43.0% | Ahmedabad, Gujarat, India | |||
| Cbna Consulting Private Limited | ₹5.51 Lakh (FY 2025) | -56.0% | Hyderabad, Telangana, India | |||
| Kota Chits Private Limited | ₹5.51 Lakh (FY 2019) | -45.0% | Khammam, Telangana, India | |||
| Saptashrungi Chits Private Limitedthis company | ₹5.51 Lakh (FY 2015) | ₹40,621 | 7.4% | 934.0% | Navi Mumbai, Maharashtra, India | |
| Arthyog Advisors Private Limited | ₹5.5 Lakh (FY 2024) | 6833.0% | Delhi, India | |||
| Mahabaleshwarar Enterprises Private Limited | ₹5.5 Lakh (FY 2025) | 1405.0% | Hyderabad, Telangana, India | |||
| Pro India Save Energy Private Limited | ₹5.5 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Anita Trading Co Ltd | ₹5.5 Lakh (FY 2025) | 246.0% | Kolkata, West Bengal, India | |||
| Prince Shares and Securities Private Limited | ₹5.5 Lakh (FY 2019) | -71.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Saptashrungi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saptashrungi 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 Saptashrungi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saptashrungi 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 Saptashrungi Chits Private Limited, buy the company report.
Recent activity
Saptashrungi Chits Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Kadugumangalath Menon Radhakrishnan ceased to be Director on 04 Nov 2017.
Frequently asked questions
Saptashrungi Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saptashrungi Chits was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 10 December 2012 and is registered under CIN U65923MH2012PTC238641. The company has been struck off by the Registrar of Companies and is no longer operational.
Saptashrungi Chits had 2 directors:
- Sajesh Kalikkot Veettil - Director
- Puthukandy Balakrishnan Kunhiraman - Director
The CIN (Corporate Identification Number) of Saptashrungi Chits is U65923MH2012PTC238641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saptashrungi Chits is at Om Arcade Office No.5671 Plot No.1 Sector 20 Near Turbhe Railway Station Turbhe Wes, T, Navi Mumbai, Maharashtra, India – 400705.
Saptashrungi Chits was incorporated on 10 December 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Saptashrungi Chits on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Saptashrungi Chits has 1 GST registration on record and it is cancelled or inactive.
Saptashrungi Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Saptashrungi Chits by revenue are Shri Lakshmiranga Chits Private Limited, Puliyannur Kuries Private Limited, Meridian Finance Pvt Ltd, Cbna Consulting Private Limited, Kota Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kadugumangalath Menon Radhakrishnan ceased to be Director on 04 Nov 2017. Rajeve Raghavan Paniker ceased to be Director on 04 Nov 2017. Pradeep Mannante Valappil ceased to be Director on 01 Jan 2017. Saptashrungi Chits has 7 board changes on record in total.
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