Kusalava Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 39 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 66.30 Cr
- Satisfied Charges ₹ 60.72 Cr
- Revenue Growth -48.08%
- Profit Growth -76.16%
- Ebitda -36.06%
- Net Worth 5.92%
- Total Assets 9.29%
About Kusalava Finance
Kusalava Finance Limited (KFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 1986 and has a history of 39 years and two months. Its registered office is in Krishna, Andhra Pradesh, India.
The Corporate was formerly known as Cherubic Equipment Leasing & Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹66.30 Cr. The company has closed loans amounting to ₹60.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravindra Muthavarapu, Venkateswara Rao, Ramakrishna Chukkapalli, and Three other members serve as directors at the Company.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999AP1986PLC006276
- Company No.
006276
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Mar 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Financial Services
What products or services does Kusalava Finance Limited offer?
Kusalava Finance Limited offers a wide range of products and services, including Parcel Delivery Services, Home Delivery Service.
Kusalava Finance Limited
Explore comprehensive data for Kusalava Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kusalava Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chukkapalli Siddharth  | Managing Director | 25-Feb-2013 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Muthavarapu | Director | 12-Jul-2002 | Current |
| Chukkapalli Kushal | Director | 01-Feb-2020 | Current |
| Venkateswara Rao | Director | 07-Jan-1990 | Current |
| Ramakrishna Chukkapalli | Director | 07-Jan-1990 | Current |
| Chukkapalli Chakravarthi | Whole-Time Director | 08-Aug-2003 | Current |
Financial Performance of Kusalava Finance.
Kusalava Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.08% decrease. The company also saw a substantial fall in profitability, with a 76.16% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kusalava Finance?
In 2023, Kusalava Finance had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kusalava International Limited
Ravindra Muthavarapu, Venkateswara Rao and 4 more are mutual person
- Kusalava Motors Private Limited
Ravindra Muthavarapu, Venkateswara Rao and 4 more are mutual person
- Kusalava Realty Private Limited
Venkateswara Rao, Ramakrishna Chukkapalli and 2 more are mutual person
Ameya Batteries Private LimitedVenkateswara Rao, Ramakrishna Chukkapalli and 2 more are mutual person
- Kusalava Theertha Bio Pharma Private Limited
Ramakrishna Chukkapalli is a mutual person
- Uem Pistons Private Limited
Chukkapalli Chakravarthi is a mutual person
Charges (Loans)
Open Charges
₹66.30 Cr
Satisfied Charges
₹60.72 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 52.23 Cr
- Others : 9.00 Cr
- Andhra Bank : 5.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2010 | Andhra Bank | ₹2.57 Cr | Open |
| 29 Nov 2008 | Others | ₹9.00 Cr | Open |
| 10 Jun 2008 | State Bank Of India | ₹4.50 M | Open |
| 08 Mar 2006 | State Bank Of India | ₹51.78 Cr | Open |
| 06 Feb 2004 | Andhra Bank | ₹1.25 Cr | Open |
How Many Employees Work at Kusalava Finance?
Kusalava Finance has a workforce of 11 employees as of Apr 07, 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 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
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.
Latest Updates, News, and FAQs on Kusalava Finance
Recent activity within the organization
- Annual General Meeting
Kusalava Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Kusalava Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 06 Feb 2004 via Charge ID 80011929 with Others was fully satisfied on 13 Dec 2022.
- 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.
- 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 5 years 3 months .
- Charges
A charge with Others of Rs. 9.00 Cr registered on 29 Nov 2008 with Charge ID 10135296 was modified on 28 Jun 2018.
Frequently asked questions
What is the Incorporation or founding date of Kusalava Finance Limited?
Kusalava Finance Limited was incorporated on 14 Mar 1986.
What is authorized share capital and paid-up capital of Kusalava Finance Limited?
The authorized share capital of Kusalava Finance Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Kusalava Finance Limited?
Currently 6 directors are associated with Kusalava Finance Limited.
- Ravindra Muthavarapu
- Venkateswara Chukkapalli Rao
- Ramakrishna Prasad Chukkapalli
- Chukkapalli Chakravarthi
- Chukkapalli Siddharth
- Chukkapalli Kushal
What is the registered address of Kusalava Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kusalava Finance Limited is 40-1-10 M G Road Labbipet Vijayawada, India, Andhra Pradesh, 520010.
What is the corporate identification number (CIN) and company number of Kusalava Finance Limited?
The corporate identification number (CIN) of Kusalava Finance Limited is U99999AP1986PLC006276 and the company number is 006276 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kusalava Finance Limited?
The Official website of Kusalava Finance Limited is https://www.kusalava.com
What has been the recent revenue trend for Kusalava Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kusalava Finance Limited has fallen by -48.08%.
How many employees does Kusalava Finance Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Kusalava Finance Limited.
What change has been observed in the net worth of Kusalava Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kusalava Finance Limited has experienced an upsurge of 5.92%.
What are the total open charges for Kusalava Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kusalava Finance Limited amount to ₹ 66.30 Cr.
When was the last Balance Sheet of Kusalava Finance Limited filed with the ROC?
The most recent Balance Sheet for Kusalava Finance Limited was filed with the ROC on 31 Mar 2024.
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