Kavasa Chit Funds Private Limited
About Kavasa Chit Funds Private Limited
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Kavasa Chit Funds Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2019PTC132648. Its GSTIN is 36AAHCK6291P1ZQ (Telangana).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors including Kalpesh Vimal Jain and Jain Chitesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 – 6 – 178 To 184 3rd Floor Shop No 107 Pan Bazar, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.53 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Lakh (net margin 5.4%) and EBITDA of ₹11.93 Lakh (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 25% over five years.
Company details
Contact details
Kavasa Chit Funds Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 – 6 – 178 To 184 3rd Floor Shop No 107 Pan Bazar, Secunderabad, Telangana, India – 500003
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kavasa Chit Funds Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Kavasa Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Kavasa Chit Funds Private Limited, buy the company report.
Financials of Kavasa Chit Funds Private Limited
FY 2024 filings availableKavasa Chit Funds Private Limited reported revenue of ₹54.53 Lakh (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 14% growth in the latest year. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.93 Lakh | ||||
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| Net Profit (PAT) | ₹2.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 21.9% | ||||
| Net Profit Margin | 5.4% | ||||
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To see the full financial statements and ratios of Kavasa Chit Funds Private Limited, buy the company report.
Board of directors of Kavasa Chit Funds Private Limited
Kavasa Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Vimal Jain | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Jain Chitesh Kumar Also directs: R.S.Brothers Jewellers Private Limited | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Kishore Naraindas Lalwani Also directs: Ekta Lakshmi Chit Funds Private Limited, KN Syn Tex Private Limited, Rajmata Hotels Pvt Ltd and 2 more | Director | 10 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Kavasa Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arasu Chit Funds Private Limited | ₹55.59 Lakh (FY 2024) | -6.0% | Tuticorin, Tamil Nadu, India | |||
| Great Balaji Chit Fund Private Limited | ₹55.45 Lakh (FY 2021) | -32.0% | Faridabad, Haryana, India | |||
| R.K. Rise Nidhi Limited | ₹54.55 Lakh (FY 2024) | 28.0% | Dholpur, Rajasthan, India | |||
| Kavasa Chit Funds Private Limitedthis company | ₹54.53 Lakh (FY 2025) | ₹2.97 Lakh | 5.4% | 14.0% | Secunderabad, Telangana, India | |
| Pianganga Urban Multipurpose Nidhi Limited | ₹54.33 Lakh (FY 2024) | 23.0% | Nanded, Maharashtra, India | |||
| Tegh Nidhi Limited | ₹54.22 Lakh (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Akps Nidhi Limited | ₹54.15 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Valayanchirangara Nidhi Limited | ₹54.09 Lakh (FY 2024) | 9.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Kavasa Chit Funds Private Limited, buy the company report.
Auditor
Kavasa Chit Funds Private Limited is audited by SEKHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEKHAR & CO | FY 2023 | 003695S |
Shareholding
The shareholding of Kavasa Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kavasa Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kavasa Chit Funds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kavasa Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kavasa Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCK6291P1ZQ | Telangana | Active | 25 Jun 2019 |
To see the full GST registrations and return filing status of Kavasa Chit Funds Private Limited, buy the company report.
Recent activity
Kavasa Chit Funds Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jain Chitesh Kumar was appointed as Director on 10 May 2019.
Frequently asked questions
Kavasa Chit Funds is an active private limited company based in Secunderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN U65992TG2019PTC132648.
Kavasa Chit Funds has 3 current directors:
- Kalpesh Vimal Jain - Director
- Jain Chitesh Kumar - Director
- Kishore Naraindas Lalwani - Director
The latest financial statements of Kavasa Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Kavasa Chit Funds is 36AAHCK6291P1ZQ, registered in Telangana.
The CIN (Corporate Identification Number) of Kavasa Chit Funds is U65992TG2019PTC132648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavasa Chit Funds was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Kavasa Chit Funds by revenue are Arasu Chit Funds Private Limited, Great Balaji Chit Fund Private Limited, R.K. Rise Nidhi Limited, Pianganga Urban Multipurpose Nidhi Limited, Tegh Nidhi Limited and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Jain Chitesh Kumar was appointed as Director on 10 May 2019. Kalpesh Vimal Jain was appointed as Director on 10 May 2019. Kishore Naraindas Lalwani was appointed as Director on 10 May 2019.
The registered office of Kavasa Chit Funds is at 4 – 6 – 178 To 184 3rd Floor Shop No 107 Pan Bazar, Secunderabad, Telangana, India – 500003.
Kavasa Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Kavasa Chit Funds can be reached at its registered office: 4 – 6 – 178 To 184 3rd Floor Shop No 107 Pan Bazar, Secunderabad, Telangana, India – 500003.
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