Kanak Ratna Woven Sack Private Limited

Manufacturer of woven bags for various industries, with global reach.

2018 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Kanak Ratna Woven Sack Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.34 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth -3.73%
  • Profit Growth -44.85%
  • Ebitda 42.49%
  • Net Worth 6.72%
  • Total Assets 18.92%

About Kanak Ratna Woven Sack

Kanak Ratna Woven Sack Private Limited (KRWSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 2018 (Six years and five months 15 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Packaging 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹26.34 Cr. The company has closed loans amounting to ₹18.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijaykumar Balar, Shashi Pandey, Lalitkumar Jain, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2018PTC103690

  • Company No.

    103690

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Kanak Ratna Woven Sack Private Limited offer?

Kanak Ratna Woven Sack Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Woven Bags, Agricultural Bags, Rice Bags, Woven Sacks.

Who are the key members and board of directors at Kanak Ratna Woven Sack?

Board Members (8)

Name Designation Appointment Date Status
Vijaykumar Balar Country flag representing In Director 21-Aug-2018 Current
Shashi Pandey Country flag representing In Director 21-Aug-2018 Current
Lalitkumar Jain Country flag representing In Director 21-Aug-2018 Current
Uttamkumar Jain Country flag representing In Director 21-Aug-2018 Current
Aangi Balar Country flag representing In Director 30-May-2022 Current
Riteshkumar Jain Country flag representing In Director 30-May-2022 Current

Financial Performance of Kanak Ratna Woven Sack.

Kanak Ratna Woven Sack Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.73% decrease. The company also saw a substantial fall in profitability, with a 44.85% decrease in profit. The company's net worth moved up by a moderate rise of 6.72%.

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
-3.73%
Revenue from Operations
-3.70%
Total Assets
18.92%
Profit or Loss
-44.85%
Net Worth
6.72%
EBITDA
42.49%

What is the Ownership and Shareholding Structure of Kanak Ratna Woven Sack?

In 2023, Kanak Ratna Woven Sack had a promoter holding of 40.00% and a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.34 Cr

Satisfied Charges

₹18.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 26.34 Cr

Latest Charge Details

Date Lender Amount Status
18 Apr 2022 Hdfc Bank Limited ₹12.14 Cr Open
06 Jan 2022 Hdfc Bank Limited ₹14.20 Cr Open
06 May 2019 Others ₹9.00 Cr Satisfied
06 May 2019 Others ₹7.00 Cr Satisfied
06 May 2019 Others ₹2.00 Cr Satisfied

How Many Employees Work at Kanak Ratna Woven Sack?

Unlock and access historical data on people associated with Kanak Ratna Woven Sack, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanak Ratna Woven Sack, 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 Kanak Ratna Woven Sack'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 Kanak Ratna Woven Sack

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.20 Cr registered on 06 Jan 2022 with Charge ID 100535294 was modified on 17 May 2024.

    17 May 2024

  • Annual General Meeting

    Kanak Ratna Woven Sack Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kanak Ratna Woven Sack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Aangi Vijaykumar Balar was appointed as a Director was appointed as a Director on 30 May 2022 & has been associated with this company since 2 years 8 months .

    30 May 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.14 Cr registered on 18 Apr 2022 with Charge ID 100569588 was modified on 20 May 2022.

    20 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.14 Cr with Charge ID 100569588 was registered on 18 Apr 2022.

    18 Apr 2022

Frequently asked questions

  • Kanak Ratna Woven Sack Private Limited was incorporated on 21 Aug 2018.

  • The authorized share capital of Kanak Ratna Woven Sack Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 8 directors are associated with Kanak Ratna Woven Sack Private Limited.

    • Vijaykumar Champalal Balar
    • Shashi Bhan Pandey
    • Lalitkumar Poonamchand Jain
    • Uttamkumar Bhikhchandji Jain
    • Aangi Vijaykumar Balar
    • Riteshkumar Bhikhchand Jain
    • Shivam Pandey
    • Deven Lalitkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanak Ratna Woven Sack Private Limited is Plot No. 270 Gam: Vadoli Opp. Fnl Ind Taluka Olpad, Dist. India, Surat, Gujarat, 394110.

  • The corporate identification number (CIN) of Kanak Ratna Woven Sack Private Limited is U25209GJ2018PTC103690 and the company number is 103690 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanak Ratna Woven Sack Private Limited is https://www.kanakratnawovensack.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanak Ratna Woven Sack Private Limited has fallen by -3.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanak Ratna Woven Sack Private Limited has experienced an upsurge of 6.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanak Ratna Woven Sack Private Limited amount to ₹ 26.34 Cr.

  • The most recent Balance Sheet for Kanak Ratna Woven Sack Private Limited was filed with the ROC on 31 Mar 2023.