Kencha Chit Funds India Private Limited
About Kencha Chit Funds India Private Limited
Data last updated:
Kencha Chit Funds India Private Limited was a private limited company based in Bidar, Karnataka, 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 18 November 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077299.
The company had an authorised share capital of ₹11 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Bhadrappa Channabasappa and Bhagyashri Mirkal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Kencha Complex Near Madiwal Chowk, Bidar, Karnataka, India – 585401.
As per the financials filed for FY 2018, the company reported a revenue of ₹64,785, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹6,450 (net margin -10%) and EBITDA of -₹4,514 (EBITDA margin -7%).
Company details
Contact details
Kencha Chit Funds India Private Limited's registered office is in Bidar, Karnataka.
- Registered AddressKencha Complex Near Madiwal Chowk, Bidar, Karnataka, India – 585401
- IndustryFinancial Services, Financial Activities
- 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 Kencha Chit Funds India 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 Kencha Chit Funds India Private Limited, buy the company report.
Financials of Kencha Chit Funds India Private Limited
FY 2018 filings availableKencha Chit Funds India Private Limited reported revenue of ₹64,785 (down 1% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 515% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4,514 | |||
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| Net Profit (PAT) | -₹6,450 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -7% | |||
| Net Profit Margin | -10% | |||
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To see the full financial statements and ratios of Kencha Chit Funds India Private Limited, buy the company report.
Board of directors of Kencha Chit Funds India Private Limited
Kencha Chit Funds India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadrappa Channabasappa | Director | 11 Mar 2017 | 9 Years 7 Months | As last reported |
| Bhagyashri Mirkal | Director | 11 Mar 2017 | 9 Years 7 Months | As last reported |
Peer comparison
Kencha Chit Funds India Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| B S R Chit Funds Private Limited | ₹69,541 (FY 2017) | -89.0% | Coimbatore, Tamil Nadu, India | |||
| R.J.R. Chit Funds Private Limited | ₹67,480 (FY 2025) | 59.0% | Chennai, Tamil Nadu, India | |||
| Varahala Chit Funds Private Limited | ₹66,430 (FY 2019) | 274.0% | Hyderabad, Telangana, India | |||
| RRR Chit Funds Private Limited | ₹65,639 (FY 2025) | -87.0% | Khammam, Telangana, India | |||
| Kencha Chit Funds India Private Limitedthis company | ₹64,785 (FY 2018) | -₹6,450 | -10% | -1.0% | Bidar, Karnataka, India | |
| Mayilvahanan Chit Funds Private Limited | ₹62,355 (FY 2020) | -90.0% | Dindigul, Tamil Nadu, India | |||
| Shree Swastimuruga Chit Funds Private Limited | ₹62,100 (FY 2024) | 521.0% | Tirupur, Tamil Nadu, India | |||
| Dynamic Chit Funds Pvt Ltd | ₹60,991 (FY 2021) | -74.0% | Nalgonda, Andhra Pradesh, India | |||
| Kurumthottickal Chit Funds Private Limited | ₹60,000 (FY 2020) | -9.0% | Kozhencherry, Kerala, India |
To see the full peer comparison of Kencha Chit Funds India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kencha Chit Funds India 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 Kencha Chit Funds India 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 Kencha Chit Funds India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kencha Chit Funds India Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Bhadrappa Channabasappa ceased to be Additional Director on 04 May 2018.
Frequently asked questions
Kencha Chit Funds India 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.
Kencha Chit Funds India was a private limited company based in Bidar, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 November 2014 and is registered under CIN U65992KA2014PTC077299. The company has been struck off by the Registrar of Companies and is no longer operational.
Kencha Chit Funds India had 2 directors:
- Bhadrappa Channabasappa - Director
- Bhagyashri Mirkal - Director
The CIN (Corporate Identification Number) of Kencha Chit Funds India is U65992KA2014PTC077299. 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 Kencha Chit Funds India is at Kencha Complex Near Madiwal Chowk, Bidar, Karnataka, India – 585401.
Kencha Chit Funds India was incorporated on 18 November 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Kencha Chit Funds India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Kencha Chit Funds India operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Kencha Chit Funds India by revenue are B S R Chit Funds Private Limited, R.J.R. Chit Funds Private Limited, Varahala Chit Funds Private Limited, RRR Chit Funds Private Limited, Mayilvahanan Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Bhadrappa Channabasappa ceased to be Additional Director on 04 May 2018. Bhagyashri Mirkal ceased to be Additional Director on 04 May 2018. Kencha Ambresh ceased to be Managing Director on 17 Mar 2017. Kencha Chit Funds India has 6 board changes on record in total.
The compliance status of Kencha Chit Funds India is compliant as of 20 July 2026.