Akshara Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.27 Cr
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.26 Cr
- Satisfied Charges ₹ 0.49 M
- Revenue Growth 25.52%
- Profit Growth 47.04%
- Ebitda -126.62%
- Net Worth 1.52%
- Total Assets 27.29%
About Akshara Chit Funds
Akshara Chit Funds Private Limited (ACFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2009 and has a history of 15 years and two months. Its registered office is in Warangal, Telangana, India.
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.
Company Details
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Location
Warangal, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65923TG2009PTC066003
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Company No.
066003
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Nov 2009
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Akshara Chit Funds?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kondal Surineni
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Director | 15-Mar-2022 | Current |
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Srinivas Perala
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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%.
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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)
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Akshara Townships Private LimitedKondal Surineni and Srinivas Perala are mutual person
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Akshara Townships India Private LimitedKondal Surineni and Srinivas Perala are mutual person
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Akshara It Solutions Private LimitedKondal Surineni and Srinivas Perala are mutual person
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Akshara Insurance Marketing Private LimitedSrinivas Perala is a mutual person
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Akshara Health Club Private LimitedSrinivas Perala is a mutual person
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Akshara Avenues Private LimitedSrinivas Perala is a mutual person
Charges (Loans)
₹9.26 Cr
₹0.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 8.04 Cr
- Hdfc Bank Limited : 1.02 Cr
- Others : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2021 | Hdfc Bank Limited | ₹0.85 M | Open |
| 22 Nov 2021 | State Bank Of India | ₹8.30 M | Open |
| 07 Sep 2021 | Hdfc Bank Limited | ₹4.64 M | Open |
| 19 Jul 2021 | Hdfc Bank Limited | ₹4.71 M | Open |
| 13 May 2021 | State Bank Of India | ₹7.21 Cr | 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.
