About Visible Chits (Maharashtra) Private Limited
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Visible Chits (Maharashtra) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65992MH2010PTC198658. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Subramanian Vishwanathan Iyer and Navin Chakalakal.
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 Plot No. R – 374/2 Ttc MIDC Rabale Navi Mumbai – 400701, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.4 Lakh (net margin -270.5%) and EBITDA of -₹4.11 Lakh (EBITDA margin -252.9%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 104% over five years.
Court records list 284 cases involving the company, including 266 filed by the company and 18 filed against it; 76 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website visiblechit.fund.
Company details
Contact details
Visible Chits (Maharashtra) Private Limited's registered office is in Thane, Maharashtra. Its website is visiblechit.fund. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. R – 374/2 Ttc MIDC Rabale Navi Mumbai – 400701, Thane, Maharashtra, India – 400604
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Visible Chits (Maharashtra) 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 Visible Chits (Maharashtra) is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Visible Chits (Maharashtra) Private Limited, buy the company report.
Financials of Visible Chits (Maharashtra) Private Limited
FY 2025 filings availableVisible Chits (Maharashtra) Private Limited reported revenue of ₹1.63 Lakh (up 2400% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 104% over five years. EBITDA rose 80% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.11 Lakh | ||||
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| Net Profit (PAT) | -₹4.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -252.9% | ||||
| Net Profit Margin | -270.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Visible Chits (Maharashtra) Private Limited, buy the company report.
Board of directors of Visible Chits (Maharashtra) Private Limited
Visible Chits (Maharashtra) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Vishwanathan Iyer | Director | 07 Jan 2010 | 16 Years 9 Months | Current |
| Navin Chakalakal | Director | 07 Jan 2010 | 16 Years 9 Months | Current |
| Anand Martin Quadros | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Anil Ramakant Parvatkar Also directs: Pba Infrastructure Limited | Additional Director | 10 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Visible Chits (Maharashtra) Private Limited is audited by RAHUL N GHARAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL N GHARAT & CO | FY 2019 | 132802W |
Shareholding
The shareholding of Visible Chits (Maharashtra) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Visible Chits (Maharashtra) Private Limited, buy the company report.
Legal cases
Visible Chits (Maharashtra) Private Limited has 284 court cases on record: 266 filed by Visible Chits (Maharashtra), 18 filed against it. 76 cases are pending and 208 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 203 | 16 | 59 |
| District courts | 80 | 1 | 17 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 284)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Kfic Investment Management Pvt.Ltd and 1 Other | Pending |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against M/S Indoria and Sons Realtors LLP A Limited Liability Partnership Firm and 2 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Indoria and Sons Realtors LLP 1 and 10 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Reliance Capital (Presently Known As Reliance Commercial Finance Ltd ) | Pending |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Ms Indoria and Sons Realtors LLP 1 and 10 others | Disposed |
To see the full case history of Visible Chits (Maharashtra) 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 Visible Chits (Maharashtra) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visible Chits (Maharashtra) 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 Visible Chits (Maharashtra) Private Limited, buy the company report.
Recent activity
Visible Chits (Maharashtra) Private Limited has 8 board changes on record since 2010: 4 appointments and 4 cessations. The latest: Anand Martin Quadros was appointed as Director on 01 Sep 2016.
Frequently asked questions
Visible Chits (Maharashtra) is an active private limited company based in Thane, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 January 2010 (16+ years old) and is registered under CIN U65992MH2010PTC198658.
Visible Chits (Maharashtra) has 4 current directors:
- Subramanian Vishwanathan Iyer - Director
- Navin Chakalakal - Director
- Anand Martin Quadros - Director
- Anil Ramakant Parvatkar - Additional Director
The latest financial statements of Visible Chits (Maharashtra) 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.
No. Visible Chits (Maharashtra) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Visible Chits (Maharashtra) is U65992MH2010PTC198658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visible Chits (Maharashtra) has 284 court cases on record: 266 filed by the company and 18 filed against it. 76 are pending. Most are in the high courts.
Visible Chits (Maharashtra) was incorporated on 07 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Anand Martin Quadros was appointed as Director on 01 Sep 2016. Sanjiv Bhadra Gupta ceased to be Additional Director on 12 Jul 2014. Anand Martin Quadros ceased to be Additional Director on 16 Nov 2013. Visible Chits (Maharashtra) has 8 board changes on record in total.
Visible Chits (Maharashtra) can be reached through the website visiblechit.fund. Its registered office is in Thane, Maharashtra, India.
The registered office of Visible Chits (Maharashtra) is at Plot No. R – 3742 Ttc MIDC Rabale Navi Mumbai – 400701, Thane, Maharashtra, India – 400604.
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