Kandi Chit Funds Private Limited

Founded in 2014 and headquartered in Telangana, India.

2014 | Warangal, Telangana (India) | Active
Last Updated: January 11, 2025

Kandi Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -37.78%
  • Profit Growth -384.35%
  • Ebitda -156.26%
  • Net Worth -288.48%
  • Total Assets -4.39%

About Kandi Chit Funds

Kandi Chit Funds Private Limited (KCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 December 2014 and has a history of Ten years and two 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 2022. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivas Kandi and Kandi Shanthamma serve as directors at the Company.

Company Details

  • Location

    Warangal, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923TG2014PTC096709

  • Company No.

    096709

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 2014

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivas Kandi Country flag representing In Managing Director05-Dec-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Kandi Shanthamma Country flag representing In Director 05-Dec-2014Current

Financial Performance of Kandi Chit Funds.

Kandi Chit Funds Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 37.78% decrease. The company also saw a substantial fall in profitability, with a 384.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 288.48%.

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
-37.78%
Revenue from Operations
-39.37%
Total Assets
-4.39%
Profit or Loss
-384.35%
Net Worth
-288.48%
EBITDA
-156.26%

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

In 2016, Kandi 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Kandi Chit Funds?

Kandi Chit Funds has a workforce of 3 employees as of Mar 27, 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 Kandi 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 Kandi 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 Kandi Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Kandi Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Kandi Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Srinivas Reddy Kandi was appointed as a Managing Director was appointed as a Managing Director on 05 Dec 2014 & has been associated with this company since 10 years 2 months .

    05 Dec 2014

  • Director Appointment

    Kandi Shanthamma was appointed as a Director was appointed as a Director on 05 Dec 2014 & has been associated with this company since 10 years 2 months .

    05 Dec 2014

  • Company Incorporation

    Kandi Chit Funds Private Limited was registered on 05 Dec 2014 with Roc Hyderabad & aged 10 years 2 months as per MCA records.

    05 Dec 2014

Frequently asked questions

  • Kandi Chit Funds Private Limited was incorporated on 05 Dec 2014.

  • The authorized share capital of Kandi Chit Funds Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.10 Cr.

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

    • Srinivas Reddy Kandi
    • Kandi Shanthamma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kandi Chit Funds Private Limited is H.No. 1-7-1832/C/1 First Floor South Complex Bala Samudram, Hanamkonda India, Warangal, Telangana, 506001.

  • The corporate identification number (CIN) of Kandi Chit Funds Private Limited is U65923TG2014PTC096709 and the company number is 096709 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Kandi Chit Funds Private Limited has fallen by -37.78%.

  • As Per 2019 financial reports, 3 employees are currently employed by Kandi Chit Funds Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Kandi Chit Funds Private Limited has experienced an downturn of -288.48%.

  • The most recent Balance Sheet for Kandi Chit Funds Private Limited was filed with the ROC on 31 Mar 2022.