About Kudos Chit Funds Private Limited
Data last updated:
Kudos Chit Funds Private Limited was a private limited company based in Pune, Maharashtra, 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 diversified financial services segment of the financial services sector. It was incorporated on 26 April 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2012PTC143170. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.5 Lakh. It was led by directors Pavitra Pradip Walvekar and Rahul Tiwari.
Its last annual general meeting (AGM) was held on 21 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹59,883, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹16,447 (net margin -27.5%) and EBITDA of -₹10,688 (EBITDA margin -17.8%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 53% over five years.
The last known website on record is kudosfinance.in.
Company details
Contact details
Kudos Chit Funds Private Limited's registered office is in Pune, Maharashtra. Its website is kudosfinance.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDattakrupa Apt Flat No 19 (21) Off Bhandarkar Rd Behind Gupte Hospital Deccan Gymkhana Sh, Ivajinagar, Pune, Maharashtra, India – 411004
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Kudos 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 Kudos 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 Kudos Chit Funds Private Limited, buy the company report.
Financials of Kudos Chit Funds Private Limited
FY 2021 filings availableKudos Chit Funds Private Limited reported revenue of ₹59,883 (down 79% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 79% fall in the latest year. EBITDA rose 89% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59,883 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10,688 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16,447 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -17.8% | ||||
| Net Profit Margin | -27.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Kudos Chit Funds Private Limited, buy the company report.
Board of directors of Kudos Chit Funds Private Limited
Kudos Chit Funds 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 |
|---|---|---|---|---|
| Pavitra Pradip Walvekar Also directs: Kudos Finance and Investments Private Limited | Director | 07 Apr 2023 | 3 Years 6 Months | As last reported |
| Rahul Tiwari | Director | 24 Apr 2018 | 8 Years 5 Months | As last reported |
Auditor
Kudos Chit Funds Private Limited is audited by D A P N S & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A P N S & CO | FY 2019 | 101412W |
Shareholding
The shareholding of Kudos Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kudos Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kudos 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 Kudos Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kudos 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 Kudos Chit Funds Private Limited, buy the company report.
Recent activity
Kudos Chit Funds Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Audumbar Dattatray Raut ceased to be Director on 07 Apr 2023.
News
Frequently asked questions
Kudos Chit Funds 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.
Kudos Chit Funds was a private limited company based in Pune, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 26 April 2012 and is registered under CIN U65992PN2012PTC143170. The company has been struck off by the Registrar of Companies and is no longer operational.
Kudos Chit Funds had 2 directors:
- Pavitra Pradip Walvekar - Director
- Rahul Tiwari - Director
The CIN (Corporate Identification Number) of Kudos Chit Funds is U65992PN2012PTC143170. 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 Kudos Chit Funds is at Dattakrupa Apt Flat No 19 21 Off Bhandarkar Rd Behind Gupte Hospital Deccan Gymkhana Sh, Ivajinagar, Pune, Maharashtra, India – 411004.
Kudos Chit Funds was incorporated on 26 April 2012. It is registered with the Registrar of Companies, Pune.
Kudos Chit Funds can be reached through the website kudosfinance.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Kudos Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 21 September 2021. Year-wise statements from 2015 are in the company report.
No. Kudos Chit Funds has 1 GST registration on record and it is cancelled or inactive.
Kudos Chit Funds operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.