Kapil Chits (Kosta) Private Limited logo

Kapil Chits (Kosta) Private Limited

Establishes and manages chit funds in accordance with The Chit Fund Act, 1982.

2008 Krishna, Andhra Pradesh (India) Active

About

Basic Data Updated:

8 days ago

Kapil Chits (Kosta) Private Limited, a renowned chit fund company, is known for its efficient management of conventional chits funds. Governed by ‘The Chit Fund Act, 1982’, the company was established with the sole purpose of conducting chit fund business in accordance with the law. Its wide range of services includes establishing, conducting, and managing various types of chits. Additionally, the company also aims to support and promote the establishment of chit funds through its expertise and resources. In the year 2008, Kapil Chits (Kosta) Private Limited was incorporated, with its registered office situated in Andhra Pradesh. With a strong focus on providing reliable and transparent chit fund services, the company has gained a loyal customer base over the years. Its commitment to following all legal regulations and providing exceptional customer service has made it a trusted name in the chit fund industry. The company's mission is to empower individuals and businesses by providing them with a secure and profitable investment option through chit funds. With a team of experienced professionals and a customer-centric approach, Kapil Chits (Kosta) Private Limited continues to thrive and expand its reach in the market.

Industry

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
  • Apps
    12224421
CIN/LLPIN/FCRNU65992AP2008PTC060801
Company No.060801
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date29 Aug 2008
Date of AGM26 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Financials of Kapil Chits (Kosta) Private Limited

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Kapil Chits (Kosta) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 66.33% decrease. The company also saw a substantial fall in profitability, with a 91.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 53.85%.

Corporate Structure

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Unlock access to Kapil Chits (Kosta)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Kapil Chits (Kosta) Private Limited

Executive Team (1)

  • CV

    Chava Varaprasad In Managing Director

    Appointment Date: 16-Aug-2016

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges

₹5.85 cr

LenderAmountStatus

Others

Creation Date: 12 Apr 2018
₹5.85 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Kapil Chits (Kosta), 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 Kapil Chits (Kosta)'s trajectory.

Rating

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Alert

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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.

Related Corporates (Common Directorship)

  • Kapil Group Marketing Services Private Limited

    Kapil Group Marketing Services Private Limited

    Active build-icon 4 years 2 months

    Raj Jangeti is a mutual person

  • Kapil Chits (Telangana) Private Limited

    Kapil Chits (Telangana) Private Limited

    Active build-icon 8 years 3 months

    Raj Jangeti is a mutual person

  • Bvm Chit Funds Private Limited

    Bvm Chit Funds Private Limited

    Active build-icon 4 years 6 months

    Burugula Shobanbabu and Chava Varaprasad are mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Kapil Chits (Kosta) Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023
  • Activity

    Balance Sheet

    Kapil Chits (Kosta) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 5.85 cr with Charge ID 100174027 was registered on 12 Apr 2018.

    12 Apr 2018
  • Activity

    Director Appointment

    Burugula Shobanbabu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Mar 2018 & has been associated with this company since 6 years 1 month .

    31 Mar 2018
  • Activity

    Director Appointment

    Chava Varaprasad was appointed as a Managing Director was appointed as a Managing Director on 16 Aug 2016 & has been associated with this company since 7 years 9 months .

    16 Aug 2016

Frequently asked questions

What is the Incorporation or founding date of Kapil Chits (Kosta) Private Limited?

Kapil Chits (Kosta) Private Limited was incorporated 15 years 8 months ago on 29 Aug 2008 with Registrar of Companies Roc Vijayawada.

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