Akshara Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Hanamkonda, Telangana, India, established in 2009.
2009 Hanamkonda, Telangana, India Active
Last Updated:
Access Report
About Akshara Chit Funds Private Limited

Akshara Chit Funds Private Limited, a active private limited company, was established on 27 November 2009 in Hanamkonda, Telangana, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65923TG2009PTC066003. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.27 Cr.

Formerly known as Akshara Chit Funds (A.P.) Private Limited. It upholds a compliant status. Employing 46 professional, Its leadership includes Kondal Rao Surineni (Director), Srinivas Rao Perala (Director). Past directors included Thirupathaiah Ragidi, Kondal Rao Surineni, Srividya Perala. It holds ₹9.26 Cr open charges and ₹0.49 M settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at H. No. 1-8-571, Ground Floor, Opp. Nakkalagutta Water Tank, Balasamudram, Hanamkonda, Telangana, 506001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65923TG2009PTC066003

  • Registration Number

    066003

  • Incorporation Date

    27 November 2009

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹11.27 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.27 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.26 Cr
  • Satisfied Charges ₹ 0.49 M
  • Revenue Growth **** 25.52%
  • Profit Growth **** 47.04%
  • Ebitda **** -126.62%
  • Net Worth 1.52%
  • Total Assets **** 27.29%
Company report

Akshara Chit Funds Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Akshara Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Kondal Rao Surineni Director 15 Mar 2022 Current
Srinivas Rao Perala Director 27 Nov 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 04 Aug 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 15 Mar 2022 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Akshara Chit Funds.

Akshara Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.52% increase. The company also saw a substantial improvement in profitability, with a 47.04% increase in profit. The company's net worth moved up by a moderate rise of 1.52%.

Akshara Chit Funds revenue growth over time
Akshara Chit Funds 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
********
 25.52%
*******
*******
*******
*******
Revenue from Operations
*******
 25.93%
*******
*******
*******
*******
Total Assets
*******
 27.29%
*******
*******
*******
*******
Profit or Loss
*******
 47.04%
*******
*******
*******
*******
Net Worth
*******
 1.52%
*******
*******
*******
*******
EBITDA
*******
 -126.62%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Akshara Chit Funds?

In 2022, Akshara Chit Funds 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹92,617,917.00

Satisfied Charges

₹490,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 8.04 Cr
  • Hdfc Bank Limited : 1.02 Cr
  • Others : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
26 Nov 2021 Hdfc Bank Limited ₹0.85 M Open
22 Nov 2021 State Bank Of India ₹8.30 M Open
07 Sep 2021 Hdfc Bank Limited ₹4.64 M Open
19 Jul 2021 Hdfc Bank Limited ₹4.71 M Open
13 May 2021 State Bank Of India ₹7.21 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Akshara Chit Funds?

Akshara Chit Funds has a workforce of 46 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Akshara Chit Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akshara Chit Funds's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Akshara Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    The activity Akshara Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Akshara Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad. was completed.

  • Director Appointment

    Kondal Rao Surineni was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 4 years 3 months . was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100531847 was registered on 26 Nov 2021. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 0.83 Cr with Charge ID 100507263 was registered on 22 Nov 2021. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100495825 was registered on 07 Sep 2021. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Akshara Chit Funds Private Limited?

The CIN of Akshara Chit Funds Private Limited is U65923TG2009PTC066003.

Where is Akshara Chit Funds Private Limited headquartered?

Akshara Chit Funds Private Limited is headquartered at H. No. 1-8-571, Ground Floor, Opp. Nakkalagutta Water Tank, Balasamudram, Hanamkonda, Telangana, 506001.

When was Akshara Chit Funds Private Limited incorporated?

Akshara Chit Funds Private Limited was incorporated on 27 November 2009.

Who are the current directors of Akshara Chit Funds Private Limited?

The current directors of Akshara Chit Funds Private Limited are

What is the primary industry of Akshara Chit Funds Private Limited?

The primary industry of Akshara Chit Funds Private Limited is Financial And Insurance Service.

Is Akshara Chit Funds Private Limited a listed company?

Akshara Chit Funds Private Limited is unlisted.

What is the capital structure of Akshara Chit Funds Private Limited?

The authorized capital of Akshara Chit Funds Private Limited is ₹12.00 Cr, and the paid-up capital is ₹11.27 Cr.

What is the compliance status of Akshara Chit Funds Private Limited?

The compliance status of Akshara Chit Funds Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available