Modway Chits Private Limited

Founded in 2019 and headquartered in Delhi, India.

2019 | Delhi (India) | Active
Last Updated: December 30, 2024

Modway Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.31%
  • Profit Growth 82.79%
  • Ebitda 71.36%
  • Net Worth -4.50%
  • Total Assets 5.34%

About Modway Chits

Modway Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2019 (Five years and six months 20 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Paras Harjai and Vaany Harjai serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190DL2019PTC352615

  • Company No.

    352615

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Modway Chits?

Board Members (2)

Name Designation Appointment Date Status
Paras Harjai Country flag representing In Director 15-Jul-2019 Current
Vaany Harjai Country flag representing In Director 15-Jul-2019 Current

Financial Performance of Modway Chits.

Modway Chits Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.31% decrease. The company also saw a substantial improvement in profitability, with a 82.79% increase in profit. The company's net worth dipped by a decrease of 4.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-0.31%
Revenue from Operations
Total Assets
5.34%
Profit or Loss
82.79%
Net Worth
-4.50%
EBITDA
71.36%

What is the Ownership and Shareholding Structure of Modway Chits?

Unlock access to Modway Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Modway Chits?

Unlock and access historical data on people associated with Modway Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modway Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modway Chits's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Modway Chits

Recent activity within the organization

  • Annual General Meeting

    Modway Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Modway Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Paras Harjai was appointed as a Director was appointed as a Director on 15 Jul 2019 & has been associated with this company since 5 years 6 months .

    15 Jul 2019

  • Director Appointment

    Vaany Harjai was appointed as a Director was appointed as a Director on 15 Jul 2019 & has been associated with this company since 5 years 6 months .

    15 Jul 2019

  • Company Incorporation

    Modway Chits Private Limited was registered on 15 Jul 2019 with Roc Delhi & aged 5 years 6 months as per MCA records.

    15 Jul 2019

Frequently asked questions

  • Modway Chits Private Limited was incorporated on 15 Jul 2019.

  • The authorized share capital of Modway Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Modway Chits Private Limited.

    • Paras Harjai
    • Vaany Harjai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modway Chits Private Limited is Shop No-11 Basement Plot No-2 Street No 5, East Punjabi Bagh India, New Delhi, 110026.

  • The corporate identification number (CIN) of Modway Chits Private Limited is U67190DL2019PTC352615 and the company number is 352615 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modway Chits Private Limited has fallen by -0.31%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modway Chits Private Limited has experienced an downturn of -4.50%.

  • The most recent Balance Sheet for Modway Chits Private Limited was filed with the ROC on 31 Mar 2024.

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