Wellking Chit Fund Pvt Ltd
About Wellking Chit Fund Pvt Ltd
Data last updated:
Wellking Chit Fund Pvt Ltd is a private limited company based in Gurgaon, Haryana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 12 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65992HR1994PTC032291.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Durgesh Panwar and Surendra Singh Panwar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 916 Ground Floor Sector – 39, Gurgaon, Haryana, India – 122022.
As per the financials filed for FY 2022, the company reported a revenue of ₹60,000, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹88,357 (net margin -147.3%) and EBITDA of -₹88,357 (EBITDA margin -147.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wellking Chit Fund Pvt Ltd's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address916 Ground Floor Sector – 39, Gurgaon, Haryana, India – 122022
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Wellking Chit Fund Pvt Ltd, 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 Wellking Chit Fund is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Wellking Chit Fund Pvt Ltd, buy the company report.
Financials of Wellking Chit Fund Pvt Ltd
FY 2022 filings availableWellking Chit Fund Pvt Ltd reported revenue of ₹60,000 (down 78% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 78% fall in the latest year. EBITDA fell 848% 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
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| EBITDA | -₹88,357 | ||||
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| Net Profit (PAT) | -₹88,357 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -147.3% | ||||
| Net Profit Margin | -147.3% | ||||
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To see the full financial statements and ratios of Wellking Chit Fund Pvt Ltd, buy the company report.
Board of directors of Wellking Chit Fund Pvt Ltd
Wellking Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgesh Panwar | Director | 12 May 1994 | 32 Years 5 Months | Current |
| Surendra Singh Panwar | Director | 12 May 1994 | 32 Years 5 Months | Current |
Auditor
Wellking Chit Fund Pvt Ltd is audited by S R AGARWALLA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R AGARWALLA & CO | FY 2020 | 000994C |
Shareholding
The shareholding of Wellking Chit Fund Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wellking Chit Fund Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Wellking Chit Fund Pvt Ltd 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 Wellking Chit Fund Pvt Ltd; 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 Wellking Chit Fund Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wellking Chit Fund Pvt Ltd has 2 board changes on record since 1994: 2 appointments. The latest: Durgesh Panwar was appointed as Director on 12 May 1994.
Frequently asked questions
Wellking Chit Fund is an active private limited company based in Gurgaon, Haryana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 12 May 1994 (32+ years old) and is registered under CIN U65992HR1994PTC032291.
Wellking Chit Fund has 2 current directors:
- Durgesh Panwar - Director
- Surendra Singh Panwar - Director
The latest financial statements of Wellking Chit Fund on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wellking Chit Fund is U65992HR1994PTC032291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellking Chit Fund was incorporated on 12 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Haryana.
Durgesh Panwar was appointed as Director on 12 May 1994. Surendra Singh Panwar was appointed as Director on 12 May 1994.
The registered office of Wellking Chit Fund is at 916 Ground Floor Sector – 39, Gurgaon, Haryana, India – 122022.
Wellking Chit Fund operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Wellking Chit Fund is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Wellking Chit Fund can be reached at its registered office: 916 Ground Floor Sector – 39, Gurgaon, Haryana, India – 122022.
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