TK Chit Funds Private Limited
About TK Chit Funds Private Limited
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TK Chit Funds Private Limited is a private limited company based in Akola, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 12 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65992MH2019PTC322428. Its GSTIN is 27AAHCT2171K1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sudarshan Jaswant Kawana and Virbhan Mulchand Kriplani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 22 Chandekar Bhavan Gandhi Road, Akola, Maharashtra, India – 444001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.4 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹2.36 Lakh (net margin -98.3%) and EBITDA of -₹2.35 Lakh (EBITDA margin -97.7%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 18% over five years.
Company details
Contact details
TK Chit Funds Private Limited's registered office is in Akola, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 22 Chandekar Bhavan Gandhi Road, Akola, Maharashtra, India – 444001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of TK 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 TK Chit Funds is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of TK Chit Funds Private Limited, buy the company report.
Financials of TK Chit Funds Private Limited
FY 2025 filings availableTK Chit Funds Private Limited reported revenue of ₹2.4 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 45% fall in the latest year. EBITDA fell 458% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.35 Lakh | ||||
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| Net Profit (PAT) | -₹2.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -97.7% | ||||
| Net Profit Margin | -98.3% | ||||
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To see the full financial statements and ratios of TK Chit Funds Private Limited, buy the company report.
Board of directors of TK Chit Funds Private Limited
TK Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Jaswant Kawana | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
| Virbhan Mulchand Kriplani | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
Auditor
TK Chit Funds Private Limited is audited by SAGAR KAWNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR KAWNA & CO. | FY 2023 | 122520 |
Shareholding
The shareholding of TK Chit Funds Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of TK Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving TK 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 TK Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TK Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT2171K1Z3 | Maharashtra | Active | 16 Apr 2019 |
To see the full GST registrations and return filing status of TK Chit Funds Private Limited, buy the company report.
Recent activity
TK Chit Funds Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sudarshan Jaswant Kawana was appointed as Director on 12 Mar 2019.
Frequently asked questions
TK Chit Funds is an active private limited company based in Akola, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 12 March 2019 (7+ years old) and is registered under CIN U65992MH2019PTC322428.
TK Chit Funds has 2 current directors:
- Sudarshan Jaswant Kawana - Director
- Virbhan Mulchand Kriplani - Director
The latest financial statements of TK Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of TK Chit Funds is 27AAHCT2171K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of TK Chit Funds is U65992MH2019PTC322428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TK Chit Funds was incorporated on 12 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
Sudarshan Jaswant Kawana was appointed as Director on 12 Mar 2019. Virbhan Mulchand Kriplani was appointed as Director on 12 Mar 2019.
The registered office of TK Chit Funds is at Shop No. 22 Chandekar Bhavan Gandhi Road, Akola, Maharashtra, India – 444001.
TK Chit Funds operates in the financial services industry, in the microfinance institutions segment.
TK Chit Funds can be reached at its registered office: Shop No. 22 Chandekar Bhavan Gandhi Road, Akola, Maharashtra, India – 444001.