Kanakgold Industries Private Limited

Manufactures fabrics, yarn, and other fibrous products for various industries.

2001 | Surat, Gujarat (India) | Active
Last Updated: January 02, 2025

Kanakgold Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 2.63 Cr
  • Satisfied Charges ₹ 4.89 M
  • Revenue Growth 74.82%
  • Profit Growth 74.88%
  • Ebitda 252.68%
  • Net Worth -20.04%
  • Total Assets 5.27%

About Kanakgold Industries

Kanakgold Industries Private Limited (KIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 August 2001 and has a history of 23 years and six months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Kanakgold Enterprise P Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.63 Cr. The company has closed loans amounting to ₹4.89 M, as per Ministry of Corporate Affairs (MCA) records.

Jitendra Sawnani, Diksha Sawnani, Sureshkumar Sawnani, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2001PTC039885

  • Company No.

    039885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2001

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Kanakgold Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Jitendra Sawnani Country flag representing In Director 13-Aug-2001Current
Diksha Sawnani Country flag representing In Director 04-Dec-2014Current
Sureshkumar Sawnani Country flag representing In Director 13-Aug-2001Current
Komal Sawnani Country flag representing In Director 13-Aug-2001Current

Financial Performance of Kanakgold Industries.

Kanakgold Industries Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 74.82% increase. The company also saw a substantial improvement in profitability, with a 74.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.04%.

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
74.82%
Revenue from Operations
86.16%
Total Assets
5.27%
Profit or Loss
74.88%
Net Worth
-20.04%
EBITDA
252.68%

What is the Ownership and Shareholding Structure of Kanakgold Industries?

In 2019, Kanakgold Industries 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

₹26.30 M

Satisfied Charges

₹4.89 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.63 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2016Yes Bank Limited₹1.54 CrOpen
20 Feb 2016Yes Bank Limited₹1.09 CrOpen
14 Feb 2015Icici Bank Limited₹4.89 MSatisfied

How Many Employees Work at Kanakgold Industries?

Unlock and access historical data on people associated with Kanakgold Industries, 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 Kanakgold Industries, 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 Kanakgold Industries'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 Kanakgold Industries

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 15.40 M registered on 27 Apr 2016 with Charge ID 100025283 was modified on 24 Aug 2021.

    24 Aug 2021

  • Charges

    A charge with Yes Bank Limited of Rs. 10.90 M registered on 20 Feb 2016 with Charge ID 100022125 was modified on 13 Aug 2021.

    13 Aug 2021

  • Annual General Meeting

    Kanakgold Industries Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Kanakgold Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 15.40 M with Charge ID 100025283 was registered on 27 Apr 2016.

    27 Apr 2016

  • Charges

    A charge registered on 14 Feb 2015 via Charge ID 10549472 with Icici Bank Limited was fully satisfied on 26 Apr 2016.

    26 Apr 2016

Frequently asked questions

  • Kanakgold Industries Private Limited was incorporated on 13 Aug 2001.

  • The authorized share capital of Kanakgold Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Kanakgold Industries Private Limited.

    • Jitendra Ramchand Sawnani
    • Diksha Jitendra Sawnani
    • Sureshkumar Ramchand Sawnani
    • Komal Sureshkumar Sawnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanakgold Industries Private Limited is 414 2Nd Floor Classiccomplex Opp A V Sons Parle Point Ghod Dod Road India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Kanakgold Industries Private Limited is U72200GJ2001PTC039885 and the company number is 039885 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Kanakgold Industries Private Limited has risen by 74.82%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Kanakgold Industries Private Limited has experienced an downturn of -20.04%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Kanakgold Industries Private Limited amount to ₹ 2.63 Cr.

  • The most recent Balance Sheet for Kanakgold Industries Private Limited was filed with the ROC on 31 Mar 2019.