It is a financial services private limited company based in Kurnool, Andhra Pradesh, India, established in 1979.
1979 | Kurnool, Andhra Pradesh, India | ActiveKurnool Chit Funds Pvt Ltd, a active private limited company, was established on 16 July 1979 in Kurnool, Andhra Pradesh, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65992AP1979PTC002488. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.48 M.
It upholds a compliant status. Employing 4 professional, Its leadership includes Somisetty Deepa (Director), Somisetty Sasikala (Director), Venkata Somisetty Prasad (Director). Past directors included Somisetty Prakasam. It holds ₹5.87 Cr open charges and ₹6.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 10C,2 Nd Floor,T.J.Shopping Mall Opp: Sbi Main Branch, Kurnool, Andhra Pradesh, 518004.
U65992AP1979PTC002488
002488
16 July 1979
₹2.50 M
₹2.48 M
Roc Vijayawada
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Somisetty Deepa | Director | 10 Jul 2011 | Current |
| Somisetty Sasikala | Director | 12 Jul 2009 | Current |
| Venkata Somisetty Prasad | Director | 12 Jul 2009 | Current |
| Somisetty Bhargavi Prasad | Director | 10 Jul 2011 | Current |
| Somisetty Venkataramaiah | Managing Director | 16 Jul 1979 | Current |
| Suresh Babu Somisetty | Director | 12 Jul 2009 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 12 Jul 2009 | Past |
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Kurnool Chit Funds Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 7.69% increase. The company also saw a substantial improvement in profitability, with a 28.08% increase in profit. The company's net worth moved up by a moderate rise of 3.91%.
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In 2021, Kurnool Chit Funds had a public holding of 3.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹58,650,000.00
₹67,192,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | State Bank Of India | ₹7.50 M | Open |
| 17 Jan 2024 | State Bank Of India | ₹5.00 Cr | Open |
| 21 Feb 2022 | Others | ₹1.15 M | Open |
| 18 Mar 2022 | Others | ₹4.72 Cr | Satisfied |
| 22 Jun 2012 | Indusind Bank Limited | ₹2.00 Cr | Satisfied |
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Kurnool Chit Funds has a workforce of 4 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Kurnool Chit Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kurnool Chit Funds's trajectory.
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A charge with State Bank Of India amounted to Rs. 7.50 M with Charge ID 101125830 was registered on 30 Jun 2025. was recorded as a recent event.
The activity A charge with State Bank Of India of Rs. 50.00 M registered on 17 Jan 2024 with Charge ID 100863718 was modified on 17 Feb 2025. was completed.
Progress on Kurnool Chit Funds Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
Progress on Kurnool Chit Funds Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.
A charge with State Bank Of India amounted to Rs. 50.00 M with Charge ID 100863718 was registered on 17 Jan 2024. was recorded as a recent event.
Progress on A charge registered on 18 Mar 2022 via Charge ID 100573124 with Others was fully satisfied on 27 Dec 2023. was documented.
The CIN of Kurnool Chit Funds Pvt Ltd is U65992AP1979PTC002488.
Kurnool Chit Funds Pvt Ltd is headquartered at No 10C,2 Nd Floor,T.J.Shopping Mall Opp: Sbi Main Branch, Kurnool, Andhra Pradesh, 518004.
Kurnool Chit Funds Pvt Ltd was incorporated on 16 July 1979.
The current directors of Kurnool Chit Funds Pvt Ltd are
The primary industry of Kurnool Chit Funds Pvt Ltd is Financial And Insurance Service.
Kurnool Chit Funds Pvt Ltd is unlisted.
The authorized capital of Kurnool Chit Funds Pvt Ltd is ₹2.50 M, and the paid-up capital is ₹2.48 M.
The compliance status of Kurnool Chit Funds Pvt Ltd is Compliant.
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