A Brief Overview
To multiply small successes is precisely to build one treasure after another. In time one becomes rich without realizing how it has come about
- Frederick the great (1712-1786).
As a start up in 1981, none of the members who joined together to form Kapil Chit Funds Pvt Ltd could have imagined that the company would grow to be a conglomerate it is today. Our most significant imprint has been in the service sector - offering financial service to our customers through chits, insurance products and loans. We have exposure to the manufacturing sector with our bread manufacturing units and plastic factory.
Our foray into the television and print media has given the group an additional level of publicity. While the information technology wing and our tie-up with Oakwood Asia Pacific for setting up a twenty floor Hotel/Serviced apartment has given us exposure in dealing with international clients. Our farming activities has improved our understanding of villages and village life and is encouraging us try cooperative dairy farming so that villagers with one or two cows can also enjoy the benefits of using modern infrastructure and thereby see significant returns.
Our entry into the real estate sector – laying plots and construction activity has helped us in hedging our risk from a purely financial services company to a well diversified group. We have a sizable land bank across the state and that gives the group confidence and stability.
The jewel in the crown our Cancer and Therapy center which is located in a remote rural district. The Cancer Hospital helps patients get affordable Cancer treatment. Treatment given in the city is expensive and most of the rural population cannot afford transport and accommodation costs. The hospital conducts free cancer detection camps in remote villages and cares for terminally ill cancer patients
All group companies were incubated with the intention of seeing that all the stakeholders, i.e. our investors, employees and customers benefit. Profits are important to the growth and survival of a company but profit alone is not the most important motivating factor for us. The satisfaction of having generated employment for so many thousands of persons associated with the group is immense. The group strives hard to fulfill their aspirations and will continue to do so.
Since inception honesty and transparency have been inbuilt into the DNA of our company. Like our slogan for our chit fund company, “Small savings grow big with Kapil Chits” Small steps towards growth has resulted in a big group. We enjoy a lot of goodwill in the markets we operate in and we guard our reputation closely. Our customers, employees and investors have time and again shown their faith by believing and trusting and investing with us.