
Kaarya Safala Chit Fund Private Limited
About Kaarya Safala Chit Fund Private Limited
Data last updated:
Kaarya Safala Chit Fund Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2017PTC119740.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ramesh Sura and Sadaiah Kore.
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 2 – 7 – 107/A/2 1st Floor Huzurabad Road Jammikunta, Karimnagar, Telangana, India – 505122.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.67 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹52,560 (net margin 3%) and EBITDA of ₹2.49 Lakh (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kaarya Safala Chit Fund Private Limited's registered office is in Karimnagar, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address2 – 7 – 107/A/2 1st Floor Huzurabad Road Jammikunta, Karimnagar, Telangana, India – 505122
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Kaarya Safala Chit Fund 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 Kaarya Safala Chit Fund is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Kaarya Safala Chit Fund Private Limited, buy the company report.
Financials of Kaarya Safala Chit Fund Private Limited
FY 2022 filings availableKaarya Safala Chit Fund Private Limited reported revenue of ₹17.67 Lakh (down 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 28% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.67 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52,560 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kaarya Safala Chit Fund Private Limited, buy the company report.
Board of directors of Kaarya Safala Chit Fund Private Limited
Kaarya Safala Chit Fund has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Sura | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Sadaiah Kore | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Rajender Ponaganti | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Kaarya Safala Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ruby Financial Consultants Private Limited | ₹19.63 Lakh (FY 2024) | 31.0% | Kolkata, West Bengal, India | |||
| Mohan Chugh Securities Private Limited | ₹19.53 Lakh (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Wealth Tree Imf Private Limited | ₹19.49 Lakh (FY 2025) | -41.0% | Hyderabad, Telangana, India | |||
| R Gopal Financiers Private Ltd. | ₹19.07 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Sagun Marketing Private Limited | ₹17.92 Lakh (FY 2024) | 145.0% | Kanpur, Uttar Pradesh, India | |||
| Kaarya Safala Chit Fund Private Limitedthis company | ₹17.67 Lakh (FY 2022) | ₹52,560 | 3% | -9.0% | Karimnagar, Telangana, India | |
| JKV Chits Private Limited | ₹17.55 Lakh (FY 2024) | 457.0% | Rasipuram, Tamil Nadu, India | |||
| Shreenidhi Gokak Chits Private Limited | ₹17.25 Lakh (FY 2018) | -20.0% | Gokak, Karnataka, India | |||
| Sree Ramakrishna Chits Private Limited | ₹17.18 Lakh (FY 2025) | -10.0% | Nagercoil, Tamil Nadu, India | |||
| Decimal Bizcorp Private Limited | ₹17.03 Lakh (FY 2025) | -41.0% | Delhi, India | |||
| Ayvan Finserv Private Limited | ₹16.8 Lakh (FY 2024) | 116.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Kaarya Safala Chit Fund Private Limited, buy the company report.
Legal cases
Kaarya Safala Chit Fund Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karimnagar, Telangana | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Kaarya Safala Chit Fund Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kaarya Safala Chit Fund 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 Kaarya Safala Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kaarya Safala Chit Fund Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mahender Udugula ceased to be Director on 17 Jan 2018.
Frequently asked questions
Kaarya Safala Chit Fund is an active private limited company based in Karimnagar, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U65992TG2017PTC119740.
Kaarya Safala Chit Fund has 3 current directors:
- Ramesh Sura - Director
- Sadaiah Kore - Director
- Rajender Ponaganti - Director
The latest financial statements of Kaarya Safala 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kaarya Safala Chit Fund is U65992TG2017PTC119740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaarya Safala Chit Fund has 1 court case on record: 1 filed against it. 1 is pending.
Kaarya Safala Chit Fund was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Kaarya Safala Chit Fund by revenue are Ruby Financial Consultants Private Limited, Mohan Chugh Securities Private Limited, Wealth Tree Imf Private Limited, R Gopal Financiers Private Ltd, Sagun Marketing Private Limited and 5 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Mahender Udugula ceased to be Director on 17 Jan 2018. Rajender Ponaganti was appointed as Director on 25 Sep 2017. Ramesh Sura was appointed as Director on 25 Sep 2017. Kaarya Safala Chit Fund has 4 board changes on record in total.
The registered office of Kaarya Safala Chit Fund is at 2 – 7 – 107A2 1st Floor Huzurabad Road Jammikunta, Karimnagar, Telangana, India – 505122.
Kaarya Safala Chit Fund operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Kaarya Safala Chit Fund is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.

