Akshara Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
as on 19-12-2024
- Paid Up Capital ₹ 11.27 Cr
as on 19-12-2024
- Company Age 15 Year, 27 Days
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.26 Cr
as on 19-12-2024
- Satisfied Charges ₹ 0.49 M
as on 19-12-2024
- Revenue 25.52%
(FY 2022)
- Profit 47.04%
(FY 2022)
- Ebitda -126.62%
(FY 2022)
- Net Worth 1.52%
(FY 2022)
- Total Assets 27.29%
(FY 2022)
About Akshara Chit Funds
The Corporate was formerly known as Akshara Chit Funds (A.P.) Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 11.27 Cr.
The company currently has active open charges totaling ₹9.26 Cr. The company has closed loans amounting to ₹0.49 M, as per Ministry of Corporate Affairs (MCA) records.
Kondal Surineni and Srinivas Perala serve as directors at the Company.
- CIN/LLPIN
U65923TG2009PTC066003
- Company No.
066003
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 2009
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Warangal, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Akshara Chit Funds?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kondal Surineni  | Director | 15-Mar-2022 | Current |
| Srinivas Perala | Director | 27-Nov-2009 | Current |
Financial Performance of Akshara Chit Funds.
Akshara Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.52% increase. The company also saw a substantial improvement in profitability, with a 47.04% increase in profit. The company's net worth moved up by a moderate rise of 1.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akshara Chit Funds?
In 2022, Akshara Chit Funds had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Akshara Townships Private LimitedActive 9 years 9 monthsKondal Surineni and Srinivas Perala are mutual person
Akshara Townships India Private LimitedActive 12 years 6 monthsKondal Surineni and Srinivas Perala are mutual person
Akshara It Solutions Private LimitedActive 10 years 3 monthsKondal Surineni and Srinivas Perala are mutual person
Akshara Insurance Marketing Private LimitedActive 7 years 8 monthsSrinivas Perala is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 26 Nov 2021 | ₹0.85 M | Open |
State Bank Of India Creation Date: 22 Nov 2021 | ₹8.30 M | Open |
Hdfc Bank Limited Creation Date: 07 Sep 2021 | ₹4.64 M | Open |
How Many Employees Work at Akshara Chit Funds?
Akshara Chit Funds has a workforce of 46 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshara 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 Akshara Chit Funds's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
