K2 Cranes & Components Private Limited

Manufacturer and service provider of various cranes and lifting equipment for multiple industries.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

K2 Cranes & Components Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.81 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.06 Cr
  • Satisfied Charges ₹ 9.60 Cr
  • Revenue Growth 6.60%
  • Profit Growth 6.27%
  • Ebitda 13.83%
  • Net Worth 13.34%
  • Total Assets 11.31%

About K2 Cranes & Components

K2 Cranes & Components Private Limited (KCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 2008 and has a history of 16 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.81 Cr.

The company currently has active open charges totaling ₹34.06 Cr. The company has closed loans amounting to ₹9.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nandakumar Rajagopal, Narasimma Arumugam, Mohammed Ali, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29150TN2008PTC067509

  • Company No.

    067509

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does K2 Cranes & Components Private Limited offer?

K2 Cranes & Components Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electrical Box, Cranes, Forklift & Lifting Machines, Crane Control Equipments, Hydraulic Jacks, Lifts & Winches, Winches, Ball Bearing Assemblies & Components, Bearing Block, Lifting Hooks, Chains & Clamps, Rigging and Lifting Hooks.

Who are the key members and board of directors at K2 Cranes & Components?

Board Members (6)

Name Designation Appointment Date Status
Udayakumar Madhavan Country flag representing In Director 01-Jul-2008 Current
Nandakumar Rajagopal Country flag representing In Whole-Time Director 28-Apr-2008 Current
Narasimma Arumugam Country flag representing In Whole-Time Director 28-Apr-2008 Current
Mohammed Ali Country flag representing In Additional Director 26-Dec-2023 Current
Amudha Udayakumar Country flag representing In Additional Director 26-Dec-2023 Current
Chandranathan Raju Country flag representing In Additional Director 26-Dec-2023 Current

Financial Performance of K2 Cranes & Components.

K2 Cranes & Components Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.6% increase. The company also saw a slight improvement in profitability, with a 6.27% increase in profit. The company's net worth Soared by an impressive increase of 13.34%.

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
6.60%
Revenue from Operations
6.90%
Total Assets
11.31%
Profit or Loss
6.27%
Net Worth
13.34%
EBITDA
13.83%

What is the Ownership and Shareholding Structure of K2 Cranes & Components?

In 2023, K2 Cranes & Components 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)

Open Charges

₹34.06 Cr

Satisfied Charges

₹9.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.45 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
  • Sidbi : 3.23 Cr
  • Hdfc Bank Limited : 0.39 Cr

Latest Charge Details

Date Lender Amount Status
19 Aug 2024 The Hongkong And Shanghai Banking Corporation Limited ₹15.00 Cr Open
22 Sep 2023 Others ₹15.25 Cr Open
17 Dec 2021 Sidbi ₹2.94 M Open
17 Dec 2021 Sidbi ₹6.00 M Open
18 Aug 2020 Sidbi ₹1.84 M Open

How Many Employees Work at K2 Cranes & Components?

K2 Cranes & Components has a workforce of 188 employees as of Apr 04, 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 K2 Cranes & Components, 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 K2 Cranes & Components'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 K2 Cranes & Components

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100974145 was registered on 19 Aug 2024.

    19 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.39 Cr registered on 07 Apr 2017 with Charge ID 100112751 was modified on 07 Mar 2024.

    07 Mar 2024

  • Director Appointment

    Mohammed Taher Ali was appointed as a Additional Director was appointed as a Additional Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

  • Director Appointment

    Amudha Udayakumar was appointed as a Additional Director was appointed as a Additional Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

  • Director Appointment

    Chandranathan Raju was appointed as a Additional Director was appointed as a Additional Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

  • Annual General Meeting

    K2 Cranes & Components Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • K2 Cranes & Components Private Limited was incorporated on 28 Apr 2008.

  • The authorized share capital of K2 Cranes & Components Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.81 Cr.

  • Currently 6 directors are associated with K2 Cranes & Components Private Limited.

    • Nandakumar Rajagopal
    • Narasimma Achari Arumugam
    • Mohammed Taher Ali
    • Amudha Udayakumar
    • Chandranathan Raju
    • Udayakumar Madhavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of K2 Cranes & Components Private Limited is No.14A, Telugubhrahim Street Vellacherry India, Chennai, Tamil Nadu, 600042.

  • The corporate identification number (CIN) of K2 Cranes & Components Private Limited is U29150TN2008PTC067509 and the company number is 067509 as per Ministry of Corporate Affairs (MCA).

  • The Official website of K2 Cranes & Components Private Limited is https://www.k2cranes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for K2 Cranes & Components Private Limited has risen by 6.60%.

  • As Per 2023 financial reports, 188 employees are currently employed by K2 Cranes & Components Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of K2 Cranes & Components Private Limited has experienced an upsurge of 13.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for K2 Cranes & Components Private Limited amount to ₹ 34.06 Cr.

  • The most recent Balance Sheet for K2 Cranes & Components Private Limited was filed with the ROC on 31 Mar 2023.

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