Kusalava Finance Limited logo

Kusalava Finance Limited

NBFC providing asset financing for vehicles and equipment, part of Kusalava Group since 1986.

1986 Krishna, Andhra Pradesh (India) Active

About

Basic Data Updated:

9 days ago

The 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

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU99999AP1986PLC006276
Company No.006276
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date14 Mar 1986
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Products or Services related to Kusalava Finance Limited

Home Delivery Service

Home Delivery Service

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Kusalava Finance Limited offers a wide range of products and services, including: Parcel Delivery Services, Home Delivery Service.

Financials of Kusalava Finance Limited

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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%.

Enhance accessibility to Kusalava Finance's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Kusalava Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Kusalava Finance Limited

Executive Team (1)

  • CS

    Chukkapalli Siddharth In Managing Director

    Appointment Date: 25-Feb-2013

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹66.30 cr

₹60.72 cr

LenderAmountStatus

Andhra Bank

Creation Date: 09 Aug 2010
₹2.57 CrOpen

Others

Creation Date: 29 Nov 2008
₹9.00 CrOpen

State Bank Of India

Creation Date: 10 Jun 2008
₹4.50 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Kusalava Finance, 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 Kusalava Finance's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Balance Sheet

    Kusalava Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 06 Feb 2004 via Charge ID 80011929 with Others was fully satisfied on 13 Dec 2022.

    13 Dec 2022
  • Activity

    Charges

    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 2020
  • Activity

    Director 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?

Kusalava Finance Limited was incorporated 38 years 1 month ago on 14 Mar 1986 with Registrar of Companies Roc Vijayawada.

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