Akshobyaa Chit Funds Private Limited
About Akshobyaa Chit Funds Private Limited
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Akshobyaa Chit Funds Private Limited is a private limited company based in Railway Gate, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2018PTC126100.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Janardhan Kola (Managing Director) and Mushkamalla Sudhakar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 16 – 3 – 84/A Shanthi Nagar, Railway Gate, Telangana, India – 506002.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.9 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹80,135 (net margin -9%) and EBITDA of ₹1.92 Lakh (EBITDA margin 21.6%).
Company details
Contact details
Akshobyaa Chit Funds Private Limited's registered office is in Railway Gate, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address16 – 3 – 84/A Shanthi Nagar, Railway Gate, Telangana, India – 506002
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Akshobyaa Chit Funds 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 Akshobyaa Chit Funds 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 Akshobyaa Chit Funds Private Limited, buy the company report.
Financials of Akshobyaa Chit Funds Private Limited
FY 2020 filings availableAkshobyaa Chit Funds Private Limited reported revenue of ₹8.9 Lakh (up 51% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year. EBITDA rose 105% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹8.9 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.92 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹80,135 | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 21.6% | |
| Net Profit Margin | -9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Akshobyaa Chit Funds Private Limited, buy the company report.
Board of directors of Akshobyaa Chit Funds Private Limited
Akshobyaa Chit Funds has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mushkamalla Sudhakar | Director | 09 Aug 2018 | 8 Years 3 Months | Current |
| Janardhan Kola Also directs: Vasista Chitfunds Private Limited | Managing Director | 09 Aug 2018 | 8 Years 3 Months | Current |
| Vikram Peddireddy | Director | 09 Aug 2018 | 8 Years 3 Months | Current |
| Veerendra Kumar Gunti | Director | 09 Aug 2018 | 8 Years 3 Months | Current |
Peer comparison
Akshobyaa Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| P T M Chit Funds Private Limited | ₹9.46 Lakh (FY 2024) | 35.0% | Tamil Nadu, India | |||
| Sri Thapaswi Chit Funds Private Limited | ₹9.23 Lakh (FY 2025) | 48.0% | Gajwel, Telangana, India | |||
| Shrii Veeramathi Amman Chit Funds (Cbe) Private Limited | ₹9.06 Lakh (FY 2018) | -52.0% | Mettupalayam, Tamil Nadu, India | |||
| Maharaksha Chit Funds Private Limited | ₹8.92 Lakh (FY 2016) | 9.0% | Mancherial, Telangana, India | |||
| Akshobyaa Chit Funds Private Limitedthis company | ₹8.9 Lakh (FY 2020) | -₹80,135 | -9% | 51.0% | Railway Gate, Telangana, India | |
| Vishwamukha Chit Funds Private Limited | ₹8.89 Lakh (FY 2017) | -46.0% | Bangalore, Karnataka, India | |||
| Rotary Chit Funds Private Limited | ₹8.88 Lakh (FY 2025) | 24.0% | Arumbakkam, Tamil Nadu, India | |||
| Quality Joseph Chit Funds Private Limited | ₹8.87 Lakh (FY 2025) | 5.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Akshobyaa Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshobyaa Chit Funds 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 Akshobyaa Chit Funds 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 Akshobyaa Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akshobyaa Chit Funds Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Janardhan Kola was appointed as Managing Director on 09 Aug 2018.
Frequently asked questions
Akshobyaa Chit Funds is an active private limited company based in Railway Gate, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U65992TG2018PTC126100.
Akshobyaa Chit Funds has 4 current directors:
- Janardhan Kola - Managing Director
- Mushkamalla Sudhakar - Director
- Vikram Peddireddy - Director
- Veerendra Kumar Gunti - Director
The latest financial statements of Akshobyaa Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Akshobyaa Chit Funds is U65992TG2018PTC126100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshobyaa Chit Funds was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Akshobyaa Chit Funds by revenue are P T M Chit Funds Private Limited, Sri Thapaswi Chit Funds Private Limited, Shrii Veeramathi Amman Chit Funds (Cbe) Private Limited, Maharaksha Chit Funds Private Limited, Vishwamukha Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Janardhan Kola was appointed as Managing Director on 09 Aug 2018. Mushkamalla Sudhakar was appointed as Director on 09 Aug 2018. Veerendra Kumar Gunti was appointed as Director on 09 Aug 2018. Akshobyaa Chit Funds has 4 board changes on record in total.
The registered office of Akshobyaa Chit Funds is at 16 – 3 – 84A Shanthi Nagar, Railway Gate, Telangana, India – 506002.
Akshobyaa Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Akshobyaa Chit Funds can be reached at its registered office: 16 – 3 – 84A Shanthi Nagar, Railway Gate, Telangana, India – 506002.
Akshobyaa Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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