Swapna Mithra Chit Funds Private Limited
About Swapna Mithra Chit Funds Private Limited
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Swapna Mithra Chit Funds Private Limited is a private limited company based in Narsi, Maharashtra, India. It operates in the bfsi segment of the financial services sector. It was incorporated on 29 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65923MH2014PTC260467.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ratnamala Kishor Payare and Gadpallewar Pralhadrao Shrinivas.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at House No. 877 Narsi, Maharashtra, India – 431709.
As per the financials filed for FY 2019, the company reported a revenue of ₹29.56 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 4.2%) and EBITDA of ₹2.23 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Swapna Mithra Chit Funds Private Limited's registered office is in Narsi, Maharashtra.
- Registered AddressHouse No. 877 Narsi, Maharashtra, India – 431709
- IndustryFinancial Services, Bfsi, Other Financial Intermediation, Commercial Loan Services, Credit Allocation Agencies
- 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 Swapna Mithra Chit Funds 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 Swapna Mithra Chit Funds Private Limited, buy the company report.
Financials of Swapna Mithra Chit Funds Private Limited
FY 2019 filings availableSwapna Mithra Chit Funds Private Limited reported revenue of ₹29.56 Lakh (up 29% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 29% growth in the latest year. EBITDA rose 38% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.23 Lakh | ||||
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| Net Profit (PAT) | ₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Swapna Mithra Chit Funds Private Limited, buy the company report.
Board of directors of Swapna Mithra Chit Funds Private Limited
Swapna Mithra Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnamala Kishor Payare Also directs: New Bapuji Chits Private Limited | Director | 29 Dec 2014 | 11 Years 10 Months | Current |
| Gadpallewar Pralhadrao Shrinivas | Director | 29 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Swapna Mithra Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Bhavishya Chit Funds Pvt Ltd. | ₹29.96 Lakh (FY 2022) | 6209.0% | Guntur, Andhra Pradesh, India | |||
| Krupasana Chit Funds Private Limited | ₹29.84 Lakh (FY 2021) | 50.0% | Warangal, Telangana, India | |||
| Venad Chit Funds (India) Private Limited | ₹29.76 Lakh (FY 2024) | -27.0% | Kollam, Kerala, India | |||
| Swapna Mithra Chit Funds Private Limitedthis company | ₹29.56 Lakh (FY 2019) | ₹1.24 Lakh | 4.2% | 29.0% | Narsi, Maharashtra, India | |
| Mangaldayak Chit Funds Pvt Ltd | ₹29.09 Lakh (FY 2021) | -43.0% | Hyderabad, Telangana, India | |||
| Mallemala Chit Funds Private Limited | ₹28.95 Lakh (FY 2023) | 141.0% | Suryapet, Telangana, India | |||
| Transport City Chit Funds Private Limited | ₹28.85 Lakh (FY 2025) | 411.0% | Namakkal, Tamil Nadu, India | |||
| Magadum Chit Funds Private Limited | ₹28.79 Lakh (FY 2025) | 30.0% | Hukeri, Karnataka, India |
To see the full peer comparison of Swapna Mithra Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swapna Mithra Chit Funds 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 Swapna Mithra Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swapna Mithra Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swapna Mithra Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Gadpallewar Pralhadrao Shrinivas was appointed as Director on 29 Dec 2014.
Frequently asked questions
Swapna Mithra Chit Funds is an active private limited company based in Narsi, Maharashtra, India. The company works in bfsi, within the financial services industry. It was incorporated on 29 December 2014 (12+ years old) and is registered under CIN U65923MH2014PTC260467.
Swapna Mithra Chit Funds has 2 current directors:
- Ratnamala Kishor Payare - Director
- Gadpallewar Pralhadrao Shrinivas - Director
The latest financial statements of Swapna Mithra Chit Funds on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swapna Mithra Chit Funds is U65923MH2014PTC260467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swapna Mithra Chit Funds was incorporated on 29 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Swapna Mithra Chit Funds by revenue are Bhavishya Chit Funds Pvt Ltd, Krupasana Chit Funds Private Limited, Venad Chit Funds (India) Private Limited, Mangaldayak Chit Funds Pvt Ltd, Mallemala Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Gadpallewar Pralhadrao Shrinivas was appointed as Director on 29 Dec 2014. Ratnamala Kishor Payare was appointed as Director on 29 Dec 2014.
The registered office of Swapna Mithra Chit Funds is at House No. 877 Narsi, Maharashtra, India – 431709.
Swapna Mithra Chit Funds operates in the financial services industry, in the bfsi segment.
The compliance status of Swapna Mithra Chit Funds is active non-compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
Swapna Mithra Chit Funds can be reached at its registered office: House No. 877 Narsi, Maharashtra, India – 431709.
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