Kalanidhi Chit Funds (Ap) Private Limited
About Kalanidhi Chit Funds (Ap) Private Limited
Data last updated:
Kalanidhi Chit Funds (Ap) Private Limited was a private limited company based in Mandamarri, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 17 October 2012.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2012PTC083652.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Ramesh Bakkani and Ravi Chirutha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at H.No.52 – 55 Deepak Nagar, Mandamarri, Telangana, India – 504231.
As per the financials filed for FY 2016, the company reported a revenue of ₹24.56 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹63,278 (net margin 2.6%) and EBITDA of ₹1.02 Lakh (EBITDA margin 4.2%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Kalanidhi Chit Funds (Ap) has one previous CIN (Corporate Identification Number): U65992AP2012PTC083652. The current CIN is U65992TG2012PTC083652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2012PTC083652 | Current |
| U65992AP2012PTC083652 | Previous |
Contact details
Kalanidhi Chit Funds (Ap) Private Limited's registered office is in Mandamarri, Telangana.
- Registered AddressH.No.52 – 55 Deepak Nagar, Mandamarri, Telangana, India – 504231
- IndustryFinancial Services, Financial Activities
- 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 Kalanidhi Chit Funds (Ap) 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 Kalanidhi Chit Funds (Ap) Private Limited, buy the company report.
Financials of Kalanidhi Chit Funds (Ap) Private Limited
FY 2016 filings availableKalanidhi Chit Funds (Ap) Private Limited reported revenue of ₹24.56 Lakh (up 37% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37% in the latest year. EBITDA rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹1.02 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹63,278 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | |
| Net Profit Margin | 2.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
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To see the full financial statements and ratios of Kalanidhi Chit Funds (Ap) Private Limited, buy the company report.
Board of directors of Kalanidhi Chit Funds (Ap) Private Limited
Kalanidhi Chit Funds (Ap) has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Bakkani | Director | 04 Dec 2013 | 12 Years 11 Months | As last reported |
| Ravi Chirutha | Director | 04 Dec 2013 | 12 Years 11 Months | As last reported |
| Mallesh Yadagiri | Director | 04 Dec 2013 | 12 Years 11 Months | As last reported |
| Annam Madhukar | Director | 17 Oct 2012 | 14 Years 0 Months | As last reported |
| Srinivas Kasarla | Director | 04 Dec 2013 | 12 Years 11 Months | As last reported |
Peer comparison
Kalanidhi Chit Funds (Ap) Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Aasraya Maruthi Chit Funds Private Limited | ₹24.61 Lakh (FY 2021) | -37.0% | Kurnool, Andhra Pradesh, India | |||
| Raghavans Chit Funds Private Limited | ₹24.59 Lakh (FY 2025) | 4.0% | Coimbatore, Tamil Nadu, India | |||
| Kalanidhi Chit Funds (Ap) Private Limitedthis company | ₹24.56 Lakh (FY 2016) | ₹63,278 | 2.6% | 37.0% | Mandamarri, Telangana, India | |
| Maharaja Chit Funds Private Limited | ₹24.42 Lakh (FY 2022) | 9.0% | Manachanalloor, Tamil Nadu, India | |||
| Sudena Chit Funds Private Limited | ₹24.31 Lakh (FY 2020) | 51.0% | Medchal Malkajgiri, Telangana, India | |||
| Veda Mallika Chit Funds Private Limited | ₹24.14 Lakh (FY 2025) | 16.0% | Khammam, Telangana, India | |||
| Sri Karuna Chit Funds Private Limited | ₹24 Lakh (FY 2024) | 22.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Kalanidhi Chit Funds (Ap) Private Limited, buy the company report.
Legal cases
Kalanidhi Chit Funds (Ap) Private Limited has 1 court case on record: 1 filed by Kalanidhi Chit Funds (Ap). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Kalanidhi Chit Funds (Ap) 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 Kalanidhi Chit Funds (Ap) 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 Kalanidhi Chit Funds (Ap) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kalanidhi Chit Funds (Ap) Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Sirikonda Venkateshwarlu ceased to be Director on 19 Mar 2014.
Frequently asked questions
Kalanidhi Chit Funds (Ap) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kalanidhi Chit Funds (Ap) was a private limited company based in Mandamarri, Telangana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 October 2012 and is registered under CIN U65992TG2012PTC083652. The company has been struck off by the Registrar of Companies and is no longer operational.
Kalanidhi Chit Funds (Ap) had 5 directors:
- Ramesh Bakkani - Director
- Ravi Chirutha - Director
- Mallesh Yadagiri - Director
- Annam Madhukar - Director
- Srinivas Kasarla - Director
The CIN (Corporate Identification Number) of Kalanidhi Chit Funds (Ap) is U65992TG2012PTC083652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kalanidhi Chit Funds (Ap) is at H.No.52 – 55 Deepak Nagar, Mandamarri, Telangana, India – 504231.
Kalanidhi Chit Funds (Ap) was incorporated on 17 October 2012. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Kalanidhi Chit Funds (Ap) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Kalanidhi Chit Funds (Ap) operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Kalanidhi Chit Funds (Ap) by revenue are Aasraya Maruthi Chit Funds Private Limited, Raghavans Chit Funds Private Limited, Maharaja Chit Funds Private Limited, Sudena Chit Funds Private Limited, Veda Mallika Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Kalanidhi Chit Funds (Ap) has 1 court case on record: 1 filed by the company.
Sirikonda Venkateshwarlu ceased to be Director on 19 Mar 2014. Mallesh Yadagiri was appointed as Director on 04 Dec 2013. Ramesh Bakkani was appointed as Director on 04 Dec 2013. Kalanidhi Chit Funds (Ap) has 6 board changes on record in total.
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