Kanak Traders Ltd

Supplier of GP and GC sheets from top steel companies, founded in 1985 in Kolkata.

1985 | Kolkata, West Bengal (India) | Active
Last Updated: June 17, 2024

Kanak Traders Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 17.50 Cr
  • Revenue Growth 31.48%
  • Profit Growth -24.79%
  • Ebitda -1.06%
  • Net Worth 3.81%
  • Total Assets 7.24%

About Kanak Traders

Kanak Traders Ltd (KTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 September 1985 and has a history of 39 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹17.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanak Traders Ltd India is Sandeepkumar Agarwal as CFO. Anjana Lohia, Rohit Lohia, Om Lohia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1985PLC039434

  • Company No.

    039434

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1985

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Kanak Traders?

Executive Team (1)

NameDesignationAppointment DateStatus
Sandeepkumar Agarwal Country flag representing In CFO01-Oct-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Anjana Lohia Country flag representing In Director 01-Oct-2020Current
Rohit Lohia Country flag representing In Director 01-Oct-2015Current
Om Lohia Country flag representing In Whole-Time Director 25-Nov-2005Current
Madhuri Pandey Country flag representing In Director 03-Apr-2021Current
Pravin Chhajer Country flag representing In Additional Director Current

Financial Performance of Kanak Traders.

Kanak Traders Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 31.48% increase. The company also saw a substantial fall in profitability, with a 24.79% decrease in profit. The company's net worth moved up by a moderate rise of 3.81%.

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
31.48%
Revenue from Operations
31.61%
Total Assets
7.24%
Profit or Loss
-24.79%
Net Worth
3.81%
EBITDA
-1.06%

What is the Ownership and Shareholding Structure of Kanak Traders?

In 2023, Kanak Traders had a promoter holding of 11.99% and a public holding of 88.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹17.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2023Hdfc Bank Limited₹15.00 CrOpen
13 Jun 2013Others₹10.00 CrSatisfied
03 Jun 2010Standard Chartered Bank₹5.00 CrSatisfied
23 Aug 2007State Bank Of India₹2.50 CrSatisfied

How Many Employees Work at Kanak Traders?

Unlock and access historical data on people associated with Kanak Traders, 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 Traders, 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 Traders'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 Traders

Recent activity within the organization

  • Annual General Meeting

    Kanak Traders Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100743658 was registered on 30 Jun 2023.

    30 Jun 2023

  • Balance Sheet

    Kanak Traders Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Madhuri Pandey was appointed as a Director was appointed as a Director on 03 Apr 2021 & has been associated with this company since 3 years 10 months .

    03 Apr 2021

  • Director Appointment

    Anjana Devi Lohia was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Director Appointment

    Sandeepkumar Mahavirprasad Agarwal was appointed as a Cfo was appointed as a Cfo on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

Frequently asked questions

  • Kanak Traders Ltd was incorporated on 03 Sep 1985.

  • The authorized share capital of Kanak Traders Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 6 directors are associated with Kanak Traders Ltd.

    • Anjana Devi Lohia
    • Rohit Lohia
    • Om Prakash Lohia
    • Sandeepkumar Mahavirprasad Agarwal
    • Madhuri Pandey
    • Pravin Kumar Chhajer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanak Traders Ltd is Flat No. H. Metro Apartment Middle Block Rajarhat Road, Kolkata, West Bengal, India, 700157.

  • The corporate identification number (CIN) of Kanak Traders Ltd is U51909WB1985PLC039434 and the company number is 039434 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanak Traders Ltd has risen by 31.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanak Traders Ltd has experienced an upsurge of 3.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanak Traders Ltd amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Kanak Traders Ltd was filed with the ROC on 31 Mar 2023.

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