Krupasana Chit Funds Private Limited
About Krupasana Chit Funds Private Limited
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Krupasana Chit Funds Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the insurance and pension services segment of the insurance sector. It was incorporated on 28 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67200TG2018PTC128594. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Thirupathi Lakavath and Kishan Bhukya.
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 is at 2 – 5 – 833/3 2rd Floor Kln Reddy Colony Chowrastha Hanamkonda, Warangal, Telangana, India – 506001.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.84 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.86 Lakh (net margin -6.3%) and EBITDA of -₹10,658 (EBITDA margin -0.4%).
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 4 cases are pending.
Company details
Contact details
Krupasana Chit Funds Private Limited's registered office is in Warangal, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address2 – 5 – 833/3 2rd Floor Kln Reddy Colony Chowrastha Hanamkonda, Warangal, Telangana, India – 506001
- IndustryInsurance, Insurance & Pension Services
To see the full contact details of Krupasana 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 Krupasana 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 Krupasana Chit Funds Private Limited, buy the company report.
Financials of Krupasana Chit Funds Private Limited
FY 2021 filings availableKrupasana Chit Funds Private Limited reported revenue of ₹29.84 Lakh (up 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹10,658 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.86 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.4% | ||
| Net Profit Margin | -6.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Krupasana Chit Funds Private Limited, buy the company report.
Board of directors of Krupasana Chit Funds Private Limited
Krupasana Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirupathi Lakavath | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Kishan Bhukya | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Krupasana 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 |
|---|---|---|---|---|---|---|
| Muriyattu Chit Funds Private Limited | ₹30.93 Lakh (FY 2025) | 29.0% | Thalayolapparambu, Kerala, India | |||
| Jayamukhi Chit Funds Private Limited | ₹30.49 Lakh (FY 2017) | -19.0% | Warangal, Telangana, India | |||
| Bhavishya Chit Funds Pvt Ltd. | ₹29.96 Lakh (FY 2022) | 6209.0% | Guntur, Andhra Pradesh, India | |||
| Krupasana Chit Funds Private Limitedthis company | ₹29.84 Lakh (FY 2021) | -₹1.86 Lakh | -6.3% | 50.0% | Warangal, Telangana, India | |
| Venad Chit Funds (India) Private Limited | ₹29.76 Lakh (FY 2024) | -27.0% | Kollam, Kerala, India | |||
| Swapna Mithra Chit Funds Private Limited | ₹29.56 Lakh (FY 2019) | 29.0% | Narsi, Maharashtra, India | |||
| Mangaldayak Chit Funds Pvt Ltd | ₹29.09 Lakh (FY 2021) | -43.0% | Hyderabad, Telangana, India | |||
| Mallemala Chit Funds Private Limited | ₹28.95 Lakh (FY 2023) | 141.0% | Suryapet, Telangana, India |
To see the full peer comparison of Krupasana Chit Funds Private Limited, buy the company report.
Legal cases
Krupasana Chit Funds Private Limited has 7 court cases on record: 4 filed by Krupasana Chit Funds, 3 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 3 | 3 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by an individual | Pending |
| District court, Hanumakonda, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Krupasana Chit Funds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Krupasana Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krupasana Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Krupasana Chit Funds Private Limited, buy the company report.
Recent activity
Krupasana Chit Funds Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kishan Bhukya was appointed as Director on 28 Nov 2018.
Frequently asked questions
Krupasana Chit Funds is an active private limited company based in Warangal, Telangana, India. The company works in insurance and pension services, within the insurance industry. It was incorporated on 28 November 2018 (8+ years old) and is registered under CIN U67200TG2018PTC128594.
Krupasana Chit Funds has 2 current directors:
- Thirupathi Lakavath - Director
- Kishan Bhukya - Director
The latest financial statements of Krupasana Chit Funds 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 FY 2019 are in the company report.
No. Krupasana Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Krupasana Chit Funds is U67200TG2018PTC128594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krupasana Chit Funds has 7 court cases on record: 4 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Krupasana Chit Funds was incorporated on 28 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Krupasana Chit Funds by revenue are Muriyattu Chit Funds Private Limited, Jayamukhi Chit Funds Private Limited, Bhavishya Chit Funds Pvt Ltd, Venad Chit Funds (India) Private Limited, Swapna Mithra Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Kishan Bhukya was appointed as Director on 28 Nov 2018. Thirupathi Lakavath was appointed as Director on 28 Nov 2018.
The registered office of Krupasana Chit Funds is at 2 – 5 – 8333 2rd Floor Kln Reddy Colony Chowrastha Hanamkonda, Warangal, Telangana, India – 506001.
Krupasana Chit Funds operates in the insurance industry, in the insurance and pension services segment.
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