About Akarsh Deepa Chits
Akarsh Deepa Chits offers products and services including Chit Fund Services and Savings and Borrowing Schemes.
- SectorsFinancial ServicesAgriculture
- Email••••••••
- Phone•••• ••••
- Legal Name Akarsh Deepa Chits India Private Limited
- Date of Incorporation 07 Jan, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.61 Cr
FY 2024 · +29% YoY
- Net Profit₹17.5 Lakh
FY 2024 · 11% margin
- EBITDA₹35.3 Lakh
FY 2024 · 22% margin
Associated legal entities of Akarsh Deepa Chits
Akarsh Deepa Chits operates through Akarsh Deepa Chits India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Akarsh Deepa Chits India Private Limited CIN U65992KA2013PTC067536 | Active | 07 Jan 2013 | Bangalore, Karnataka | ₹1.6 Cr | – | 3 | View details |
Products & Services of Akarsh Deepa Chits
Akarsh Deepa Chits offers a comprehensive portfolio of products and services, including Chit Fund Services and Savings and Borrowing Schemes.
Chit fund services are offered for savings and borrowing, enabling subscribers to participate in auctions for lump sums while ensuring investment safety and transparency
Various schemes are provided for regular savings and advance borrowing, allowing funds to be used flexibly for contingencies like education or business needs
Board of directors of Akarsh Deepa Chits India Private Limited (Akarsh Deepa Chits)
Akarsh Deepa Chits India Private Limited is the primary company behind Akarsh Deepa Chits. The board of Akarsh Deepa Chits India Private Limited currently have 3 directors; the longest-serving is Roshan Ashok, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Roshan Ashok DIN 06380838 | Director | 07 Jan 2013 | 13 yrs 9 mo | Akarsh Deepa Chits India Private Limited |
| Kammagondanahalli Chiikkamuniyappa Ashok DIN 06380829 | Director | 07 Jan 2013 | 13 yrs 9 mo | Akarsh Deepa Chits India Private Limited |
| Devika Vasanthappa DIN 06380841 | Director | 07 Jan 2013 | 13 yrs 9 mo | Akarsh Deepa Chits India Private Limited |
Financials of Akarsh Deepa Chits
Figures of Akarsh Deepa Chits India Private Limited, the primary company behind Akarsh Deepa Chits, for FY 2024. Revenue was ₹1.61 Cr (+29% year on year). Net profit was ₹17.5 Lakh (11% margin). EBITDA was ₹35.3 Lakh (22% margin). Revenue has grown at a compounded annual rate of +11% over three years and 0% over five years.
- ₹1.61 CrRevenue · FY 2024 · +29% YoY
- ₹17.5 LakhNet profit · 11% margin
- ₹35.3 LakhEBITDA · 22% margin
- ₹10 LakhPaid-up capital
- +11%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Akarsh Deepa Chits India Private Limited are on its company page.
Detailed financial statements for Akarsh Deepa Chits
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Frequently Asked Questions about Akarsh Deepa Chits
The primary company behind Akarsh Deepa Chits, Akarsh Deepa Chits India Private Limited, reported revenue of ₹1.61 Cr for FY 2024, up 29% year on year.
Akarsh Deepa Chits India Private Limited was established in 2013 and is recognized for offering chit fund services that facilitate savings and borrowing among subscribers. It is noted that over 5,000 members have maintained accounts for up to 10 years, reflecting satisfaction with the transparent operations and safety measures. Services include mobile app access, computerized collections, and doorstep payments, ensuring reliability for financial goals. The company emphasizes risk-free investments and easy access to funds during emergencies, with securities like policies and deposits being accepted to secure transactions.
Akarsh Deepa Chits offers Chit Fund Services and Savings and Borrowing Schemes.
Akarsh Deepa Chits operates through Akarsh Deepa Chits India Private Limited.
The legal entities of Akarsh Deepa Chits currently have 3 directors, including Roshan Ashok, Kammagondanahalli Chiikkamuniyappa Ashok, Devika Vasanthappa.