SGFS Chits Private Limited
About SGFS Chits Private Limited
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SGFS Chits Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 31 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC034885. Its GSTIN is 32AATCS7269K1ZK (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Ajay Kumar Gupta (Managing Director) and Deval Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 40/7503 B1 First Floor Textile Park Building Gopala Prabhu Road Ernakulam, Kochi, Kerala, India – 682035.
As per the financials filed for FY 2023, the company reported a revenue of ₹56.13 Lakh, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Lakh (net margin 11.9%) and EBITDA of ₹8.73 Lakh (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
Court records list 22 cases involving the company, including 19 filed by the company and 3 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SGFS Chits Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address40/7503 B1 First Floor Textile Park Building Gopala Prabhu Road Ernakulam, Kochi, Kerala, India – 682035
- IndustryFinancial Services, Financial Activities
To see the full contact details of SGFS 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 SGFS 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 SGFS Chits Private Limited, buy the company report.
Financials of SGFS Chits Private Limited
FY 2025 filings availableSGFS Chits Private Limited reported revenue of ₹56.13 Lakh (up 143% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 143% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 169% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹8.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of SGFS Chits Private Limited, buy the company report.
Board of directors of SGFS Chits Private Limited
SGFS Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deval Agarwal Also directs: SGFS Ventures LLP, SGFS Holdings Private Limited | Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Ajay Kumar Gupta Also directs: SGFS Ventures LLP, SGFS Holdings Private Limited | Managing Director | 31 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
SGFS Chits Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Valumoorthy Velayutham Chits Private Limited | ₹56.9 Lakh (FY 2024) | -3.0% | Tuticorin, Tamil Nadu, India | |||
| Venus Star Chit Private Limited | ₹56.46 Lakh (FY 2019) | -8.0% | Chengalpet, Tamil Nadu, India | |||
| Shree Vijaya Meenakshi Chits Private Limited | ₹56.45 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Mulloor Chitty Funds Kochi Private Limited | ₹56.41 Lakh (FY 2025) | 14.0% | Kochi, Kerala, India | |||
| SGFS Chits Private Limitedthis company | ₹56.13 Lakh (FY 2023) | ₹6.68 Lakh | 11.9% | 143.0% | Kochi, Kerala, India | |
| Maxcare Kuries India Private Limited | ₹56.07 Lakh (FY 2017) | -16.0% | Pune, Maharashtra, India | |||
| Abana Chits India Private Limited | ₹55.93 Lakh (FY 2025) | 22.0% | Kannur, Kerala, India |
To see the full peer comparison of SGFS Chits Private Limited, buy the company report.
Auditor
SGFS Chits Private Limited is audited by ANDREWKURUVILA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANDREWKURUVILA | FY 2017 | 028636 |
Shareholding
The shareholding of SGFS 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 SGFS Chits Private Limited, buy the company report.
Legal cases
SGFS Chits Private Limited has 22 court cases on record: 19 filed by SGFS Chits, 3 filed against it. 15 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 13 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against Graffiti Ventures Pvt Ltd | Pending |
| District court, Ernakulam, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of SGFS 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 SGFS Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SGFS Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AATCS7269K1ZK | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SGFS Chits Private Limited, buy the company report.
Recent activity
SGFS Chits Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Ashok Agarwal ceased to be Whole-Time Director on 05 Aug 2021.
Frequently asked questions
SGFS Chits is an active private limited company based in Kochi, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 31 August 2013 (13+ years old) and is registered under CIN U65992KL2013PTC034885.
SGFS Chits has 2 current directors:
- Ajay Kumar Gupta - Managing Director
- Deval Agarwal - Director
The latest financial statements of SGFS Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SGFS Chits is 32AATCS7269K1ZK, registered in Kerala.
The CIN (Corporate Identification Number) of SGFS Chits is U65992KL2013PTC034885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SGFS Chits has 22 court cases on record: 19 filed by the company and 3 filed against it. 15 are pending. Most are in the district courts.
SGFS Chits was incorporated on 31 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of SGFS Chits by revenue are Valumoorthy Velayutham Chits Private Limited, Venus Star Chit Private Limited, Shree Vijaya Meenakshi Chits Private Limited, Mulloor Chitty Funds Kochi Private Limited, Maxcare Kuries India Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Ashok Agarwal ceased to be Whole-Time Director on 05 Aug 2021. Deval Agarwal was appointed as Director on 05 Aug 2021. Ajay Kumar Gupta was appointed as Managing Director on 31 Aug 2013.
The registered office of SGFS Chits is at 407503 B1 First Floor Textile Park Building Gopala Prabhu Road Ernakulam, Kochi, Kerala, India – 682035.
SGFS Chits operates in the financial services industry, in the financial activities segment.
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