Kusalava Finance Limited, a active public limited company, was established on 14 March 1986 in Andhra Pradesh, Andhra Pradesh, India. Engaging in asset financing companies within the financial and insurance service sector, it holds CIN: U99999AP1986PLC006276. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.
Formerly known as Cherubic Equipment Leasing & Finance Limited. It upholds a compliant status. Employing 11 professional, Its leadership includes Ravindra Muthavarapu (Director), Chukkapalli Siddharth (Managing Director), Chukkapalli Kushal (Director). Past directors included Chukkapalli Siddharth, Chukkapalli Kushal, Chukkapalli Kusalava. It holds ₹66.30 Cr open charges and ₹60.72 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at # 40-1-10, M G Road,Labbipet, Vijayawada,, Andhra Pradesh, Andhra Pradesh, 520010.
U99999AP1986PLC006276
006276
14 March 1986
₹2.00 Cr
₹2.00 Cr
Roc Vijayawada
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Muthavarapu | Director | 12 Jul 2002 | Current |
| Chukkapalli Siddharth | Managing Director | 25 Feb 2013 | Current |
| Chukkapalli Kushal | Director | 01 Feb 2020 | Current |
| Chukkapalli Chakravarthi | Whole-Time Director | 08 Aug 2003 | Current |
| Venkateswara Chukkapalli Rao | Director | 07 Jan 1990 | Current |
| Ramakrishna Prasad Chukkapalli | Director | 07 Jan 1990 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Sep 2013 | Past |
| Pramod Abcsdd | Additional Director | 24 Dec 2020 | Past |
| Pramod Abcsdd | Director | 25 Feb 2013 | Past |
| Pramod Abcsdd | Whole-Time Director | 01 Jan 2021 | Past |
| Pramod Abcsdd | Director | 01 Jan 2021 | Past |
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Kusalava Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.08% decrease. The company also saw a substantial fall in profitability, with a 76.16% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.
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In 2023, Kusalava Finance had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹662,950,000.00
₹607,172,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2010 | Andhra Bank | ₹2.57 Cr | Open |
| 29 Nov 2008 | Others | ₹9.00 Cr | Open |
| 10 Jun 2008 | State Bank Of India | ₹4.50 M | Open |
| 08 Mar 2006 | State Bank Of India | ₹51.78 Cr | Open |
| 06 Feb 2004 | Andhra Bank | ₹1.25 Cr | Open |
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Kusalava Finance has a workforce of 11 employees as of Apr 07, 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 Kusalava Finance, 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 Kusalava Finance's trajectory.
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Progress on Kusalava Finance Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
Progress on Kusalava Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.
The activity A charge registered on 06 Feb 2004 via Charge ID 80011929 with Others was fully satisfied on 13 Dec 2022. was completed.
Progress on A charge with Others of Rs. 20.00 Cr registered on 06 Feb 2004 with Charge ID 80011929 was modified on 05 Mar 2020. was documented.
Chukkapalli Kushal was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years 10 months . was recorded as a recent event.
A charge with Others of Rs. 9.00 Cr registered on 29 Nov 2008 with Charge ID 10135296 was modified on 28 Jun 2018. was recorded as a recent event.
The CIN of Kusalava Finance Limited is U99999AP1986PLC006276.
Kusalava Finance Limited is headquartered at # 40-1-10, M G Road,Labbipet, Vijayawada,, Andhra Pradesh, Andhra Pradesh, 520010.
Kusalava Finance Limited was incorporated on 14 March 1986.
The current directors of Kusalava Finance Limited are
The primary industry of Kusalava Finance Limited is Financial And Insurance Service.
Kusalava Finance Limited is unlisted.
The authorized capital of Kusalava Finance Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.
The compliance status of Kusalava Finance Limited is Compliant.
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