About
Basic Data Updated:
9 days agoThe former name of Kusalava Finance Limited was Chukkapalli Equipment Leasing & Finance Limited. According to its credit rating report, it is classified as an NBFC (Non-Banking Financial Company) and is registered with the RBI (Reserve Bank of India) as a non-deposit taking asset financing company. The primary focus of the company is to provide financing for the purchase of various vehicles such as two-wheelers, three-wheelers, four-wheelers, tractors, commercial vehicles, and construction equipment. KFL is a proud member of the esteemed Kusalava Group and is promoted by the visionary Mr. Chukkapalli Kusalava. The company was established in 1986 and its registered office is situated in the vibrant city of Vijayawada, Andhra Pradesh.
Industry
Company Details
- Location
Krishna, Andhra Pradesh, India
- Website1222442
- Telephone1222442
- Email Address1222442
CIN/LLPIN/FCRN | U99999AP1986PLC006276 |
Company No. | 006276 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 14 Mar 1986 |
Date of AGM | 29 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Vijayawada |
Products or Services related to Kusalava Finance Limited
Financials of Kusalava Finance Limited
Kusalava Finance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.84% increase. The company also saw a substantial improvement in profitability, with a 437.51% increase in profit. The company's net worth Soared by an impressive increase of 33.01%.
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Corporate Structure
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People in Kusalava Finance Limited
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Executive Team (1)
CS
Chukkapalli Siddharth Managing DirectorAppointment Date: 25-Feb-2013
Status: Current
Board Members(5)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Andhra Bank Creation Date: 09 Aug 2010 | ₹2.57 Cr | Open |
Others Creation Date: 29 Nov 2008 | ₹9.00 Cr | Open |
State Bank Of India Creation Date: 10 Jun 2008 | ₹4.50 M | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Kusalava International Limited
Active 32 years 6 daysChukkapalli Kushal, Chukkapalli Siddharth and 4 more are mutual person
Kusalava Motors Private Limited
Active 43 years 7 monthsChukkapalli Kushal, Chukkapalli Siddharth and 4 more are mutual person
Kusalava Realty Private Limited
Active 16 years 5 monthsChukkapalli Siddharth, Venkateswara Rao and 2 more are mutual person
Quantum Energy Limited
Active 3 years 5 monthsChukkapalli Kushal, Chukkapalli Siddharth and 1 more are mutual person
Sri Chakra Automotives Private Limited
Active 16 years 4 monthsChukkapalli Kushal, Chukkapalli Siddharth and 1 more are mutual person
Ameya Batteries Private Limited
Active 13 years 9 monthsChukkapalli Siddharth, Venkateswara Rao and 2 more are mutual person
Recent activity within the organization
Annual General Meeting
Kusalava Finance Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Balance Sheet
Kusalava Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
31 Mar 2023Charges
A charge registered on 06 Feb 2004 via Charge ID 80011929 with Others was fully satisfied on 13 Dec 2022.
13 Dec 2022Charges
A charge with Others of Rs. 20.00 cr registered on 06 Feb 2004 with Charge ID 80011929 was modified on 05 Mar 2020.
05 Mar 2020Director Appointment
Chukkapalli Kushal was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 4 years 3 months .
01 Feb 2020
Frequently asked questions
What is the Incorporation or founding date of Kusalava Finance Limited?