Swaran Chits Private Limited
About Swaran Chits Private Limited
Data last updated:
Swaran Chits Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65992HR2007PTC037381.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Malhotra and Prakash Om Malhotra.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at F – 171 Omaxe Executive Flats Sushant Lok – II Sector – 57, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.55 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹29,173 (net margin -3.1%) and EBITDA of -₹20,533 (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressF – 171 Omaxe Executive Flats Sushant Lok – II Sector – 57, Gurgaon, Haryana, India – 122001
- 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
- One PDF report, delivered after checkout
Business Activity of Swaran Chits Private Limited
The main business activity of Swaran Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Swaran Chits Private Limited FY 2020 filings available
Swaran Chits Private Limited reported revenue of ₹9.55 Lakh (up 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Swaran Chits Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 31% 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 of Swaran Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹20,533 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29,173 | •••• | •••• | •••• | •••• |
| 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 of Swaran Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Swaran Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Swaran Chits Private Limited
Swaran Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Prakash Chit Fund Private Limited | ₹9.56 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Theni, Tamil Nadu, India |
| Line-Up Chits Pvt Ltd | ₹9.56 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Faridabad, Haryana, India |
| Arlip Microfinance Association | ₹9.56 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Udham Singh Nagar, Uttarakhand, India |
| R S Commerce Pvt Ltd | ₹9.56 Lakh (FY 2017) | •••• | •••• | 954.0% | •••• | Kolkata, West Bengal, India |
| Care and Dare Management Services Private Limited | ₹9.56 Lakh (FY 2018) | •••• | •••• | -11.0% | •••• | Lucknow, Uttar Pradesh, India |
| Swaran Chits Private Limited this company | ₹9.55 Lakh (FY 2020) | •••• | •••• | 8.0% | •••• | Gurgaon, Haryana, India |
| Guardian Consultancy Services Private Limited | ₹9.55 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
| My Grow Mutual Benefit Nidhi Limited | ₹9.55 Lakh (FY 2023) | •••• | •••• | 2286.0% | •••• | Gwalior, Madhya Pradesh, India |
| Cheppayil Chits Private Limited | ₹9.55 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Ernakulam, Kerala, India |
| Pragati Nidhi Limited | ₹9.54 Lakh (FY 2020) | •••• | •••• | -50.0% | •••• | Noida, Uttar Pradesh, India |
| Synergy Dealcom (Ifsc) Private Limited | ₹9.54 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Gift Sez, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Swaran Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swaran Chits Private Limited
Swaran Chits Private Limited is audited by SANDEEP PRAKASH & CO. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANDEEP PRAKASH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Swaran Chits Private Limited
Swaran Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Malhotra Also directs: Elegant Kar Accesories Private Limited | Director | 13 Nov 2007 | 18 Years 10 Months | Current |
| Prakash Om Malhotra Also directs: Gakhar Chits Pvt Ltd | Director | 13 Nov 2007 | 18 Years 10 Months | Current |
Ownership and Shareholding of Swaran Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Swaran Chits Private Limited
Swaran Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Swaran Chits Private Limited
Employment history and EPFO contributions of people linked to Swaran Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Swaran Chits Private Limited
Swaran Chits Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Prakash Om Malhotra was appointed as Director on 13 Nov 2007.
Credit Ratings, Litigation & Regulatory Alerts for Swaran Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Swaran Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Swaran Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Swaran Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Swaran Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Swaran Chits Private Limited
Swaran Chits is an active private limited company based in Gurgaon, Haryana, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 November 2007 (19+ years old) and is registered under CIN U65992HR2007PTC037381.
Swaran Chits reported revenue of ₹9.55 Lakh for FY 2020 (up 8% YoY).
Swaran Chits has 2 current directors:
- Sachin Malhotra - Director
- Prakash Om Malhotra - Director
Swaran Chits reported a net loss of ₹29,173 (net margin -3.1%) and EBITDA of -₹20,533 (EBITDA margin -2.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swaran Chits is -1% over three years and -9% over five years. In the latest year (FY 2020) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Swaran Chits is U65992HR2007PTC037381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swaran Chits was incorporated on 13 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Swaran Chits by revenue are Sri Prakash Chit Fund Private Limited, Line-Up Chits Pvt Ltd, Arlip Microfinance Association, R S Commerce Pvt Ltd, Care and Dare Management Services Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Prakash Om Malhotra was appointed as Director on 13 Nov 2007. Sachin Malhotra was appointed as Director on 13 Nov 2007.
The registered office of Swaran Chits is at F – 171 Omaxe Executive Flats Sushant Lok – II Sector – 57, Gurgaon, Haryana, India – 122001.
Swaran Chits has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh.