Koundinya Chit Funds Private Limited
About Koundinya Chit Funds Private Limited
Data last updated:
Koundinya Chit Funds Private Limited is a private limited company based in Hanamkonda, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2020PTC139455.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahender Machika and Machika Praveen Goud.
Its last annual general meeting (AGM) was held on 28 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3 – 9 – 217/1/1 Reddy Colony, Hanamkonda, Telangana, India – 506001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.87 Lakh. For the same year it recorded a net loss of ₹6.3 Lakh (net margin -219.1%) and EBITDA of -₹5.99 Lakh (EBITDA margin -208.4%).
Company details
Contact details
Koundinya Chit Funds Private Limited's registered office is in Hanamkonda, Telangana.
- Registered Address3 – 9 – 217/1/1 Reddy Colony, Hanamkonda, Telangana, India – 506001
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Koundinya 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 Koundinya Chit Funds Private Limited, buy the company report.
Financials of Koundinya Chit Funds Private Limited
FY 2021 filings availableKoundinya Chit Funds Private Limited reported revenue of ₹2.87 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.3 Lakh | |
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -208.4% | |
| Net Profit Margin | -219.1% | |
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To see the full financial statements and ratios of Koundinya Chit Funds Private Limited, buy the company report.
Board of directors of Koundinya Chit Funds Private Limited
Koundinya Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahender Machika | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Machika Praveen Goud | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Koundinya Chit Funds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Attur Shri Ganga Chit Funds Private Limited | ₹3 Lakh (FY 2020) | -70.0% | Salem, Tamil Nadu, India | |||
| Sivas Chit Funds Private Limited | ₹3 Lakh (FY 2019) | -79.0% | Perambalur, Tamil Nadu, India | |||
| Allthemore Chit Funds Private Limited | ₹3 Lakh (FY 2017) | 743.0% | Coimbatore, Tamil Nadu, India | |||
| Kollapur Apthamithra Chit Funds Private Limited | ₹2.96 Lakh (FY 2025) | -86.0% | Kollapur, Telangana, India | |||
| Koundinya Chit Funds Private Limitedthis company | ₹2.87 Lakh (FY 2021) | -₹6.3 Lakh | -219.1% | Hanamkonda, Telangana, India | ||
| Basavashree Chit Funds Private Limited | ₹2.77 Lakh (FY 2022) | -37.0% | Gadhinglaj, Maharashtra, India | |||
| Sri Periyanachi Amman Chit Funds Private Limited | ₹2.75 Lakh (FY 2025) | 18.0% | Tiruppur, Tamil Nadu, India | |||
| Mariappah Chit Funds Private Limited | ₹2.73 Lakh (FY 2016) | 186.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Koundinya Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Koundinya 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 Koundinya Chit Funds 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 Koundinya Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Koundinya Chit Funds Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Machika Praveen Goud was appointed as Director on 21 Feb 2020.
Frequently asked questions
Koundinya Chit Funds is an active private limited company based in Hanamkonda, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 February 2020 (6+ years old) and is registered under CIN U65992TG2020PTC139455.
Koundinya Chit Funds has 2 current directors:
- Mahender Machika - Director
- Machika Praveen Goud - Director
The latest financial statements of Koundinya Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 December 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Koundinya Chit Funds is U65992TG2020PTC139455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koundinya Chit Funds was incorporated on 21 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Koundinya Chit Funds by revenue are Attur Shri Ganga Chit Funds Private Limited, Sivas Chit Funds Private Limited, Allthemore Chit Funds Private Limited, Kollapur Apthamithra Chit Funds Private Limited, Basavashree Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Machika Praveen Goud was appointed as Director on 21 Feb 2020. Mahender Machika was appointed as Director on 21 Feb 2020.
The registered office of Koundinya Chit Funds is at 3 – 9 – 21711 Reddy Colony, Hanamkonda, Telangana, India – 506001.
Koundinya Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Koundinya Chit Funds can be reached at its registered office: 3 – 9 – 21711 Reddy Colony, Hanamkonda, Telangana, India – 506001.
Koundinya Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.