Kanakadurga Chit Funds Private Limited

Provides chit fund services and is a part of Kanakadurga Group.

2014 | Warangal, Telangana (India) | Active
Last Updated: January 10, 2025

Kanakadurga Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.21 M
  • Revenue Growth 98.11%
  • Profit Growth 268.18%
  • Ebitda -63.24%
  • Net Worth 7.18%
  • Total Assets -3.23%

About Kanakadurga Chit Funds

Kanakadurga Chit Funds Private Limited (KCFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 August 2014 and has a history of Ten years and five months. Its registered office is in Warangal, Telangana, India.

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 2021. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹3.21 M.

Kamalakar Kondam and Adi Pendyala serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG2014PTC095191

  • Company No.

    095191

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 2014

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Kanakadurga Chit Funds?

Board Members (2)

Name Designation Appointment Date Status
Kamalakar Kondam Country flag representing In Director 08-Aug-2014 Current
Adi Pendyala Country flag representing In Director 11-May-2022 Current

Financial Performance of Kanakadurga Chit Funds.

Kanakadurga Chit Funds Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 98.11% increase. The company also saw a substantial improvement in profitability, with a 268.18% increase in profit. The company's net worth moved up by a moderate rise of 7.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
98.11%
Revenue from Operations
92.20%
Total Assets
-3.23%
Profit or Loss
268.18%
Net Worth
7.18%
EBITDA
-63.24%

What is the Ownership and Shareholding Structure of Kanakadurga Chit Funds?

In 2018, Kanakadurga 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.32 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
09 Mar 2021 Hdfc Bank Limited ₹1.00 M Open
23 Dec 2020 Hdfc Bank Limited ₹2.21 M Open

How Many Employees Work at Kanakadurga Chit Funds?

Kanakadurga Chit Funds has a workforce of 43 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanakadurga 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 Kanakadurga Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Kanakadurga Chit Funds

Recent activity within the organization

  • Director Appointment

    Adi Reddy Pendyala was appointed as a Director was appointed as a Director on 11 May 2022 & has been associated with this company since 2 years 8 months .

    11 May 2022

  • Annual General Meeting

    Kanakadurga Chit Funds Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Kanakadurga Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100443770 was registered on 09 Mar 2021.

    09 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100437600 was registered on 23 Dec 2020.

    23 Dec 2020

  • Director Appointment

    Kamalakar Kondam was appointed as a Director was appointed as a Director on 08 Aug 2014 & has been associated with this company since 10 years 5 months .

    08 Aug 2014

Frequently asked questions

  • Kanakadurga Chit Funds Private Limited was incorporated on 08 Aug 2014.

  • The authorized share capital of Kanakadurga Chit Funds Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Currently 2 directors are associated with Kanakadurga Chit Funds Private Limited.

    • Kamalakar Kondam
    • Adi Reddy Pendyala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanakadurga Chit Funds Private Limited is 5-11-503 504 1St Floor Kandakatla Gateway Kuc Junction, Hanamkonda India, Warangal, Telangana, 506009.

  • The corporate identification number (CIN) of Kanakadurga Chit Funds Private Limited is U65992TG2014PTC095191 and the company number is 095191 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanakadurga Chit Funds Private Limited is https://www.kanakadurgagroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Kanakadurga Chit Funds Private Limited has risen by 98.11%.

  • As Per 2020 financial reports, 43 employees are currently employed by Kanakadurga Chit Funds Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Kanakadurga Chit Funds Private Limited has experienced an upsurge of 7.18%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Kanakadurga Chit Funds Private Limited amount to ₹ 3.21 M.

  • The most recent Balance Sheet for Kanakadurga Chit Funds Private Limited was filed with the ROC on 31 Mar 2021.

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