Nimit Chits Private Limited - Due diligence report

A 360° intelligence report on Nimit Chits: trust score, financial health, credit view, compliance, directors, growth and distress signals - …

2017-07-27 Nizamabad, Telangana Active Unlisted Active Compliant
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NC Nimit Chits Private Limited

Nimit Chits — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Nimit Chits is assessed as Low Risk with a Trust Score of 80/100. Nimit Chits is an active private limited indian non-government company incorporated in 2017, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Nimit Chits Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 4 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SHEKHAR KATKAM 01234567 Director 01/04/2018 6 yrs Approved
BANJA VEERAPPA 01234567 Director 01/04/2018 6 yrs Approved
KOSGIKAR PRAMOD KUMAR 01234567 Director 01/04/2018 6 yrs Approved
SRINIVAS KOTA 01234567 Director 01/04/2018 6 yrs Approved
ARUNADEVI SARGAM 01234567 Director 01/04/2018 6 yrs Approved
ALLENKI SUDERSHAN 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Key managerial personnel: BANJA VEERAPPA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +38% over 3 year(s).
Asset base grew 1.42 - capacity expansion.
Operating for 8 years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence79/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 9 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
27 Jul 2017
Incorporated
Registered with Roc Hyderabad
Director appointed
SHEKHAR KATKAM (Director)
Director appointed
BANJA VEERAPPA (Managing Director)
Director appointed
KOSGIKAR PRAMOD KUMAR (Director)
Director appointed
SRINIVAS KOTA (Director)
Director appointed
ARUNADEVI SARGAM (Director)
Director appointed
ALLENKI SUDERSHAN (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 3 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Elayne Investments Private Limited U67100TG2020PTC142412 Hyderabad, Telangana, India
Jadwani Forex Private Limited U67190CT2020PTC009891 Raipur, Chattisgarh, India
Pxg Wealth Private Limited U67100DL2018PTC341099 New Delhi, Delhi, India
Veridion Finserv Private Limited U67110KA2021PTC143076 Bangalore, Karnataka, India
Dalal Street Securities Private Limited U67120WB1992PTC055669 Kolkata, West Bengal, India
Mystic Minds Stocks Trading Private Limited U67190PB2020PTC051962 Hoshiarpur, Punjab, India
Ridhaan Financial Services Private Limited U67190PN2020PTC189299 Pune, Maharashtra, India
Skywalker Investment Advisors U67190GJ2021PTC124897 Vadodara, Gujarat, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Nimit Chits before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nimit Chits: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 65/100, margin trends, ownership structure and peer set for Nimit Chits - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Nimit Chits pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Nimit Chits - groundwork for KYC, onboarding and disputes.

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Frequently Asked Questions

Is Nimit Chits an active company?

Nimit Chits has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Nimit Chits financially healthy?

Nimit Chits has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Nimit Chits?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nimit Chits?

See the directors and ownership sections above for board and shareholding detail. 6 active director(s) are on record.

Does Nimit Chits have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Nimit Chits up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Nimit Chits?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.