Kaveri Chit Funds (Ap) Private Limited
About Kaveri Chit Funds (Ap) Private Limited
Data last updated:
Kaveri Chit Funds (Ap) Private Limited was a private limited company based in Karimnagar, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 06 May 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2011PTC074324.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Kaveri Chit Funds (Karimnagar) Private Limited. It was led by directors Surya Rao Boompelly and Swajith Boompelly.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 2 – 10 – 1128 Opp;Chemist Bhavan Jyothinagar, Karimnagar, Telangana, India – 505001.
As per the financials filed for FY 2021, the company reported a revenue of ₹74,531, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Lakh (net margin -361.2%) and EBITDA of -₹2.68 Lakh (EBITDA margin -359.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 32% over five years.
Company details
CIN history
Kaveri Chit Funds (Ap) has one previous CIN (Corporate Identification Number): U65992AP2011PTC074324. The current CIN is U65992TG2011PTC074324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2011PTC074324 | Current |
| U65992AP2011PTC074324 | Previous |
Contact details
Kaveri Chit Funds (Ap) Private Limited's registered office is in Karimnagar, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 – 10 – 1128 Opp;Chemist Bhavan Jyothinagar, Karimnagar, Telangana, India – 505001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kaveri Chit Funds (Ap) 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 Kaveri Chit Funds (Ap) 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 |
Financials of Kaveri Chit Funds (Ap) Private Limited
FY 2021 filings availableKaveri Chit Funds (Ap) Private Limited reported revenue of ₹74,531 (up 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹2.68 Lakh | ||||
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| Net Profit (PAT) | -₹2.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -359.7% | ||||
| Net Profit Margin | -361.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kaveri Chit Funds (Ap) Private Limited, buy the company report.
Board of directors of Kaveri Chit Funds (Ap) Private Limited
Kaveri Chit Funds (Ap) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Rao Boompelly | Director | 03 Dec 2014 | 11 Years 11 Months | As last reported |
| Swajith Boompelly | Director | 06 May 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Kaveri Chit Funds (Ap) Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Atlantis Chit Funds Private Limited | ₹76,805 (FY 2024) | -82.0% | Hyderabad, Telangana, India | |||
| Samvruddhi Chit Funds Private Limited | ₹76,760 (FY 2024) | Chittoor, Andhra Pradesh, India | ||||
| Kaveri Chit Funds (Ap) Private Limitedthis company | ₹74,531 (FY 2021) | -₹2.69 Lakh | -361.2% | 33.0% | Karimnagar, Telangana, India | |
| Sri Hamsika Chit Funds Private Limited | ₹73,366 (FY 2020) | Warangal, Telangana, India | ||||
| S.R.R Chit Funds Private Limited | ₹72,132 (FY 2025) | -53.0% | Chennai, Tamil Nadu, India | |||
| Bodi Chit Funds Private Limited. | ₹70,623 (FY 2024) | -44.0% | Uthamapalayam, Madurai Dist, Tamil Nadu, India | |||
| B S R Chit Funds Private Limited | ₹69,541 (FY 2017) | -89.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Kaveri Chit Funds (Ap) Private Limited, buy the company report.
Auditor
Kaveri Chit Funds (Ap) Private Limited is audited by RAO RAJU & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO RAJU & ASSOCIATES | FY 2017 | 011401S |
Shareholding
The shareholding of Kaveri Chit Funds (Ap) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kaveri Chit Funds (Ap) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kaveri Chit Funds (Ap) 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 Kaveri Chit Funds (Ap) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kaveri Chit Funds (Ap) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kaveri Chit Funds (Ap) Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ramananda Rao Mahesh ceased to be Director on 28 Aug 2020.
Frequently asked questions
Kaveri Chit Funds (Ap) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kaveri Chit Funds (Ap) was a private limited company based in Karimnagar, Telangana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 06 May 2011 and is registered under CIN U65992TG2011PTC074324. The company has been struck off by the Registrar of Companies and is no longer operational.
Kaveri Chit Funds (Ap) had 2 directors:
- Surya Rao Boompelly - Director
- Swajith Boompelly - Director
The CIN (Corporate Identification Number) of Kaveri Chit Funds (Ap) is U65992TG2011PTC074324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kaveri Chit Funds (Ap) is at 2 – 10 – 1128 Opp;Chemist Bhavan Jyothinagar, Karimnagar, Telangana, India – 505001.
Kaveri Chit Funds (Ap) was incorporated on 06 May 2011. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Kaveri Chit Funds (Ap) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Kaveri Chit Funds (Ap) operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Kaveri Chit Funds (Ap) by revenue are Atlantis Chit Funds Private Limited, Samvruddhi Chit Funds Private Limited, Sri Hamsika Chit Funds Private Limited, S.R.R Chit Funds Private Limited, Bodi Chit Funds Private Limited. and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ramananda Rao Mahesh ceased to be Director on 28 Aug 2020. Surya Rao Boompelly ceased to be Additional Director on 30 Sep 2015. Surya Rao Boompelly was appointed as Director on 03 Dec 2014. Kaveri Chit Funds (Ap) has 5 board changes on record in total.
The compliance status of Kaveri Chit Funds (Ap) is compliant as of 22 August 2026.
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