Akash Finance And Chit Fund Co Private Limited - Company Profile

It is a financial services private limited company based in Amritsar, Punjab, India, established in 1982.
1982 Amritsar, Punjab, India Active
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About Akash Finance And Chit Fund Co Private Limited

Akash Finance And Chit Fund Co Private Limited, a active private limited company, was established on 17 November 1982 in Amritsar, Punjab, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992PB1982PTC005173. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.75 M.

It upholds a compliant status. Its leadership includes Bhupinder Singh (Director), Parkash Kaur (Director), Kuldeep Singh (Director). Past directors included Gurbachan Singh, Kuldeep Singh, Surjit Singh. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Cheel Mandi Amritsar, Amritsar, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992PB1982PTC005173

  • Registration Number

    005173

  • Incorporation Date

    17 November 1982

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.75 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.75 M
  • Company Age 43 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -38.11%
  • Profit Growth **** -153.17%
  • Ebitda **** -76.37%
  • Net Worth -6.54%
  • Total Assets -23.44%
Company report

Akash Finance And Chit Fund Co Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akash Finance And Chit Fund Co Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akash Finance And Chit Fund Co Private Limited?
Current Directors
Name Designation Appointment Date Status
Bhupinder Singh Director 04 Dec 2000 Current
Parkash Kaur Director 02 Jan 1997 Current
Kuldeep Singh Director 01 Jan 2024 Current
Iqbal Singh Director 02 Jan 1997 Current
Jaswinder Singh Director 01 Jan 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Aug 2007 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Managing Director 15 Oct 2015 Past
Pramod Abcsdd Additional Director 01 Aug 2012 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 18 May 2014 Past

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Financial Performance of Akash Finance And Chit Fund Co.

Akash Finance And Chit Fund Co Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 38.11% decrease. The company also saw a substantial fall in profitability, with a 153.17% decrease in profit. The company's net worth dipped by a decrease of 6.54%.

Akash Finance And Chit Fund Co revenue growth over time
Akash Finance And Chit Fund Co profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -38.11%
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*******
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Revenue from Operations
*******
 -50.65%
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*******
*******
Total Assets
*******
 -23.44%
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*******
*******
Profit or Loss
*******
 -153.17%
*******
*******
*******
*******
Net Worth
*******
 -6.54%
*******
*******
*******
*******
EBITDA
*******
 -76.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akash Finance And Chit Fund Co?

In 2021, Akash Finance And Chit Fund Co had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Akash Finance And Chit Fund Co?

Unlock and access historical data on people associated with Akash Finance And Chit Fund Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Akash Finance And Chit Fund Co
Recent Activity within the Organization
  • Annual General Meeting

    The activity Akash Finance And Chit Fund Co Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Akash Finance And Chit Fund Co Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.

  • Director Appointment

    Kuldeep Singh was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 2 years 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Jaswinder Singh was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 2 years 2 months . was completed.

  • Director Appointment

    Bhupinder Singh was appointed as a Director was appointed as a Director on 04 Dec 2000 & has been associated with this company since 25 years 3 months . was recorded as a recent event.

  • Director Appointment

    The activity Parkash Kaur was appointed as a Director was appointed as a Director on 02 Jan 1997 & has been associated with this company since 29 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of Akash Finance And Chit Fund Co Private Limited?

The CIN of Akash Finance And Chit Fund Co Private Limited is U65992PB1982PTC005173.

Where is Akash Finance And Chit Fund Co Private Limited headquartered?

Akash Finance And Chit Fund Co Private Limited is headquartered at Cheel Mandi Amritsar, Amritsar, Punjab.

When was Akash Finance And Chit Fund Co Private Limited incorporated?

Akash Finance And Chit Fund Co Private Limited was incorporated on 17 November 1982.

Who are the current directors of Akash Finance And Chit Fund Co Private Limited?

The current directors of Akash Finance And Chit Fund Co Private Limited are

What is the primary industry of Akash Finance And Chit Fund Co Private Limited?

The primary industry of Akash Finance And Chit Fund Co Private Limited is Financial And Insurance Service.

Is Akash Finance And Chit Fund Co Private Limited a listed company?

Akash Finance And Chit Fund Co Private Limited is unlisted.

What is the capital structure of Akash Finance And Chit Fund Co Private Limited?

The authorized capital of Akash Finance And Chit Fund Co Private Limited is ₹2.00 M, and the paid-up capital is ₹1.75 M.

What is the compliance status of Akash Finance And Chit Fund Co Private Limited?

The compliance status of Akash Finance And Chit Fund Co Private Limited is Compliant.

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