About Akshara Chit Funds Private Limited
Data last updated: 08 March 2026
Akshara Chit Funds Private Limited is a private limited company based in Hanamkonda, Telangana, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 27 November 2009, the company has been in operation for over 17 years.
Registered with ROC Hyderabad under CIN U65923TG2009PTC066003.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.27 Cr. Formerly known as Akshara Chit Funds (A.P.) Private Limited. It is led by directors Kondal Rao Surineni and Srinivas Rao Perala.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Hanamkonda, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹35.33 Cr, a growth of 26% compared to the previous year.
The company has a workforce of approximately 46 employees as per the latest available data.
The company is associated with 1 brand - Akshara Chit Funds. As per MCA filings, the company has open charges of ₹9.26 Cr and satisfied charges of ₹4.9 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharachits.com.
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Registered AddressH. No. 1 – 8 – 571 Ground Floor Opp. Nakkalagutta Water Tank, Balasamudram, Hanamkonda, Telangana, India – 506001
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited has one previous CIN (Corporate Identification Number): U65923AP2009PTC066003. The current CIN is U65923TG2009PTC066003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TG2009PTC066003 | Current |
| U65923AP2009PTC066003 | Previous |
Associated Brands with Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited operates one associated brand: Akshara Chit Funds. These brands represent Akshara Chit Funds Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers diversified loan services for various financial needs. | aksharachits.com |
Competitors & Alternatives of Akshara Chit Funds Private Limited
Brands and companies operating in the same space as Akshara Chit Funds Private Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Akshara Chit Funds Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited is audited by NAROTHAM MADHAV AND RAMESH for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAROTHAM MADHAV AND RAMESH | Locked | Locked | Locked |
Complete auditor history for Akshara Chit Funds Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kondal Rao Surineni
Also directs:
Akshara Samruddhi Nidhi Limited, Akshara Townships India Private Limited, Akshara Townships Private Limited and 1 more
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Director | 15 Mar 2022 | 4 Years 5 Months | Current |
| Srinivas Rao Perala | Director | 27 Nov 2009 | 16 Years 8 Months | Current |
Financials of Akshara Chit Funds Private Limited FY 2022 filings available
Akshara Chit Funds Private Limited reported revenue of ₹35.33 Cr (up 26.00% YoY) for FY 2022.
Ten-year financial statements for Akshara Chit Funds Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Akshara Chit Funds Private Limited
Shareholding and ownership data for Akshara Chit Funds Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Akshara Chit Funds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2021 | Hdfc Bank Limited | ₹8.47 Lakh | Open |
| 22 Nov 2021 | State Bank of India | ₹83 Lakh | Open |
| 07 Sep 2021 | Hdfc Bank Limited | ₹46.36 Lakh | Open |
| 19 Jul 2021 | Hdfc Bank Limited | ₹47.1 Lakh | Open |
| 13 May 2021 | State Bank of India | ₹7.21 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited has a workforce of 46 employees as of Apr 04, 2024.
Employee and EPFO history for Akshara Chit Funds Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Akshara Chit Funds Private Limited
GST registrations and filing compliance for Akshara Chit Funds Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Akshara Chit Funds Private Limited
Credit ratings, litigation, and regulatory alerts for Akshara Chit Funds Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Akshara Chit Funds Private Limited
MSME payment history for Akshara Chit Funds Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Akshara Chit Funds Private Limited
Corporate group structure for Akshara Chit Funds Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Akshara Chit Funds Private Limited
MCA filings and documents for Akshara Chit Funds Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Akshara Chit Funds Private Limited
Frequently Asked Questions about Akshara Chit Funds Private Limited
Akshara Chit Funds Private Limited is an active private limited company in the financial services sector based in Hanamkonda, Telangana, India. It was incorporated on 27 November 2009 (17+ years old) and is registered under CIN U65923TG2009PTC066003. The company has 46 employees.
Akshara Chit Funds Private Limited reported revenue of ₹35.33 Cr for FY 2022 (up 26.00% YoY).
The current directors of Akshara Chit Funds Private Limited are:
- Kondal Rao Surineni - Director
- Srinivas Rao Perala - Director
The primary industry of Akshara Chit Funds Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Akshara Chit Funds Private Limited can be reached at the registered office: H. No. 1 – 8 – 571 Ground Floor Opp. Nakkalagutta Water Tank, Balasamudram, Hanamkonda, Telangana, India – 506001, or through the website aksharachits.com.
The authorised capital is ₹12 Cr, and the paid-up capital is ₹11.27 Cr.