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.
U65923TG2009PTC066003
066003
27 November 2009
₹12.00 Cr
₹11.27 Cr
Roc Hyderabad
Unlisted
Active
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
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kondal Rao Surineni | Director | 15 Mar 2022 | Current |
| Srinivas Rao Perala | Director | 27 Nov 2009 | Current |
| 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!
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%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Reveal ownership structures and financial performance - Get instant access now!
₹92,617,917.00
₹490,000.00
| 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 -
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.
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.
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.
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.
Progress on Akshara Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.
Akshara Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad. was recorded as a recent event.
Progress on Kondal Rao Surineni was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 3 years 10 months . was documented.
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100531847 was registered on 26 Nov 2021. was recorded as a recent event.
A charge with State Bank Of India amounted to Rs. 0.83 Cr with Charge ID 100507263 was registered on 22 Nov 2021. was recorded as a recent event.
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.
The CIN of Akshara Chit Funds Private Limited is U65923TG2009PTC066003.
Akshara Chit Funds Private Limited is headquartered at H. No. 1-8-571, Ground Floor, Opp. Nakkalagutta Water Tank, Balasamudram, Hanamkonda, Telangana, 506001.
Akshara Chit Funds Private Limited was incorporated on 27 November 2009.
The current directors of Akshara Chit Funds Private Limited are
The primary industry of Akshara Chit Funds Private Limited is Financial And Insurance Service.
Akshara Chit Funds Private Limited is unlisted.
The authorized capital of Akshara Chit Funds Private Limited is ₹12.00 Cr, and the paid-up capital is ₹11.27 Cr.
The compliance status of Akshara Chit Funds Private Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX