Vrise Chits Private Limited
About Vrise Chits Private Limited
Data last updated:
Vrise Chits Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It was incorporated on 18 November 2023.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U64990UP2023PTC192611.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Umang Agarwal and Akshay 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 2024. The registered office is at Lucknow, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.94 Lakh. For the same year it recorded a net loss of ₹44,778 (net margin -23%) and EBITDA of -₹48,522 (EBITDA margin -25%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vrise Chits Private Limited's registered office is in Lucknow, Uttar Pradesh.
- Registered AddressB – 39 Ishwari Dayal Co, 92 Gb Marg, Lucknow, Uttar Pradesh, India – 226018
- 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 Vrise 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 Vrise Chits Private Limited, buy the company report.
Financials of Vrise Chits Private Limited
FY 2024 filings availableVrise Chits Private Limited reported revenue of ₹1.94 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| 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 | -₹48,522 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹44,778 |
| 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 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -25% |
| Net Profit Margin | -23% |
| 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 Vrise Chits Private Limited, buy the company report.
Board of directors of Vrise Chits Private Limited
Vrise Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umang Agarwal | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
| Akshay Agarwal | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Vrise 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 |
|---|---|---|---|---|---|---|
| Icie Nidhi Limited | ₹1.95 Lakh (FY 2020) | Jaipur, Rajasthan, India | ||||
| Lera Chits Private Limited | ₹1.95 Lakh (FY 2017) | Chennai, Tamil Nadu, India | ||||
| Vidyagiri Chits Private Limited | ₹1.94 Lakh (FY 2021) | -45.0% | Bagalkot, Karnataka, India | |||
| Ramver Distributors Pvt.Ltd. | ₹1.94 Lakh (FY 2024) | 8.0% | Raipur, Chhattisgarh, India | |||
| Naavyam Nidhi Limited | ₹1.94 Lakh (FY 2025) | -42.0% | Thrissur, Kerala, India | |||
| Vrise Chits Private Limitedthis company | ₹1.94 Lakh (FY 2024) | -₹44,778 | -23% | Lucknow, Uttar Pradesh, India | ||
| Saptagiri Vijayapur Chits Private Limited | ₹1.94 Lakh (FY 2023) | -63.0% | Bijapur, Karnataka, India | |||
| Thirunakkara Chits Private Limited | ₹1.94 Lakh (FY 2024) | -32.0% | Kottayam, Kerala, India | |||
| Abhighna Trading Pvt Ltd | ₹1.94 Lakh (FY 2017) | 3.0% | Ahmedabad, Gujarat, India | |||
| VJ Properties Private Limited | ₹1.94 Lakh (FY 2025) | 44.0% | Kolkata, West Bengal, India | |||
| Dindigul Mahajothi Chits Private Limited | ₹1.94 Lakh (FY 2025) | -41.0% | Dindigul, Tamil Nadu, India |
To see the full peer comparison of Vrise Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vrise 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 Vrise Chits 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 Vrise Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vrise Chits Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Akshay Agarwal was appointed as Director on 18 Nov 2023.
Frequently asked questions
Vrise Chits is an active private limited company based in Lucknow, Uttar Pradesh, India. It was incorporated on 18 November 2023 (3+ years old) and is registered under CIN U64990UP2023PTC192611.
Vrise Chits has 2 current directors:
- Umang Agarwal - Director
- Akshay Agarwal - Director
The latest financial statements of Vrise Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Vrise Chits is U64990UP2023PTC192611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrise Chits was incorporated on 18 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Vrise Chits by revenue are Icie Nidhi Limited, Lera Chits Private Limited, Vidyagiri Chits Private Limited, Ramver Distributors Pvt.Ltd, Naavyam Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Akshay Agarwal was appointed as Director on 18 Nov 2023. Umang Agarwal was appointed as Director on 18 Nov 2023.
The registered office of Vrise Chits is at B – 39 Ishwari Dayal Co, 92 Gb Marg, Lucknow, Uttar Pradesh, India – 226018.
The compliance status of Vrise Chits is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
Vrise Chits can be reached at its registered office: B – 39 Ishwari Dayal Co, 92 Gb Marg, Lucknow, Uttar Pradesh, India – 226018.
Vrise Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Uttar Pradesh.