Kovika Chit Fund Private Limited
About Kovika Chit Fund Private Limited
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Kovika Chit Fund Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65999AP2018PTC107472.
The company has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors Sarvepalli Rao Koteswara and Addanki Mahalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.27 – 1 – 1150 Beside House B M Show Room Balaji Nagar, Nellore, Andhra Pradesh, India – 524002.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.98 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Lakh (net margin 6%) and EBITDA of ₹4.04 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 39% over five years.
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- Registered AddressD.No.27 – 1 – 1150 Beside House B M Show Room Balaji Nagar, Nellore, Andhra Pradesh, India – 524002
- IndustryFinancial Services, Other Financial Intermediation
- 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
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Business Activity of Kovika Chit Fund Private Limited
The main business activity of Kovika Chit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kovika Chit Fund Private Limited FY 2025 filings available
Kovika Chit Fund Private Limited reported revenue of ₹26.98 Lakh (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kovika Chit Fund Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 25% growth in the latest year. EBITDA rose 13% 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 of Kovika Chit Fund Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.62 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kovika Chit Fund Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kovika Chit Fund are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Kovika Chit Fund Private Limited
Kovika Chit Fund has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarvepalli Rao Koteswara Also directs: Punnami Smart Business Services LLP | Director | 12 Jan 2018 | 8 Years 9 Months | Current |
| Addanki Mahalakshmi Also directs: Punnami Smart Business Services LLP | Director | 17 Nov 2018 | 7 Years 11 Months | Current |
Peer Comparison of Kovika Chit Fund Private Limited
Kovika Chit Fund Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganga Projects Private Limited | ₹27 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Puneet Trading and Investment Company Private Limited | ₹26.99 Lakh (FY 2017) | •••• | •••• | -83.0% | •••• | Chennai, Tamil Nadu, India |
| Gramanidhi Kuries and Loans Private Limited | ₹26.99 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Thrissur, Kerala, India |
| Mahok Chit Funds Private Limited | ₹26.99 Lakh (FY 2019) | •••• | •••• | 48.0% | •••• | Kurnool, Andhra Pradesh, India |
| SSS Asset and Risk Management Consultancy Services Private Limited | ₹26.99 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Delhi, India |
| Kovika Chit Fund Private Limited this company | ₹26.98 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Nellore, Andhra Pradesh, India |
| Shvetank Finserve Private Limited | ₹26.97 Lakh (FY 2017) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sakhi Samudaya Kosh | ₹26.97 Lakh (FY 2021) | •••• | •••• | -54.0% | •••• | Solapur, Maharashtra, India |
| Kansid Tradelinks Private Limited | ₹26.96 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Lucknow, Uttar Pradesh, India |
| Parambil Mutual Benefit Nidhi Limited | ₹26.95 Lakh (FY 2023) | •••• | •••• | -7.0% | •••• | Parambil Bazar, Parambil Po, Kozhikode, Kerala, India |
| Ritesh Vinimay Private Limited | ₹26.93 Lakh (FY 2023) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Kovika Chit Fund by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Kovika Chit Fund Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kovika Chit Fund Private Limited
Kovika Chit Fund Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kovika Chit Fund Private Limited
Employment history and EPFO contributions of people linked to Kovika Chit Fund.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kovika Chit Fund Private Limited
Kovika Chit Fund Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Addanki Mahalakshmi was appointed as Director on 17 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Kovika Chit Fund Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kovika Chit Fund Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kovika Chit Fund Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kovika Chit Fund Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kovika Chit Fund Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kovika Chit Fund Private Limited
Kovika Chit Fund is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 January 2018 (8+ years old) and is registered under CIN U65999AP2018PTC107472.
Kovika Chit Fund reported revenue of ₹26.98 Lakh for FY 2024 (up 25% YoY).
Kovika Chit Fund has 2 current directors:
- Sarvepalli Rao Koteswara - Director
- Addanki Mahalakshmi - Director
Kovika Chit Fund reported a net profit of ₹1.62 Lakh (net margin 6%) and EBITDA of ₹4.04 Lakh (EBITDA margin 15%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kovika Chit Fund is 15% over three years and 39% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Kovika Chit Fund is U65999AP2018PTC107472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovika Chit Fund was incorporated on 12 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Kovika Chit Fund by revenue are Ganga Projects Private Limited, Puneet Trading and Investment Company Private Limited, Gramanidhi Kuries and Loans Private Limited, Mahok Chit Funds Private Limited, SSS Asset and Risk Management Consultancy Services Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Addanki Mahalakshmi was appointed as Director on 17 Nov 2018. Sarvepalli Karthik ceased to be Director on 17 Nov 2018. Sarvepalli Rao Koteswara was appointed as Director on 12 Jan 2018.
The registered office of Kovika Chit Fund is at D.No.27 – 1 – 1150 Beside House B M Show Room Balaji Nagar, Nellore, Andhra Pradesh, India – 524002.
Kovika Chit Fund has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹34 Lakh.