Kanakia Spaces Profile
Key Indicators
- Authorised Capital ₹ 15.01 Cr
- Paid Up Capital ₹ 12.59 Cr
- Company Age 32 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,466.05 Cr
- Satisfied Charges ₹ 3,039.78 Cr
- Revenue Growth -48.30%
- Profit Growth 46.72%
- Ebitda 86.78%
- Net Worth -3.52%
- Total Assets 7.36%
About Kanakia Spaces
Kanakia Spaces Private Limited (KSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 1992 and has a history of 32 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kanakia Constructions Pvt Ltd. The Company is engaged in the Real Estate And Construction 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 15.01 Cr and a paid-up capital of Rs 12.59 Cr.
The company currently has active open charges totaling ₹1,466.05 Cr. The company has closed loans amounting to ₹3,039.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rasesh Kanakia and Himanshu Kanakia serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45200MH1992PTC069422
- Company No.
069422
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Nov 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
Who are the key members and board of directors at Kanakia Spaces?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rasesh Kanakia  | Director | 25-Nov-1994 | Current |
| Himanshu Kanakia | Director | 25-Nov-1994 | Current |
Financial Performance of Kanakia Spaces.
Kanakia Spaces Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.3% decrease. The company also saw a substantial improvement in profitability, with a 46.72% increase in profit. The company's net worth dipped by a decrease of 3.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kanakia Spaces?
In 2023, Kanakia Spaces had a promoter holding of 100.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹1,466.05 Cr
Satisfied Charges
₹3,039.78 Cr
Charges Breakdown by Lending Institutions
- Housing Development Finance Corporation Limited : 956.45 Cr
- Icici Bank Limited : 265.00 Cr
- Idbi Trusteeship Services Limited : 237.00 Cr
- Bank Of Baroda : 5.10 Cr
- Kotak Mahindra Bank Limited : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2022 | Idbi Trusteeship Services Limited | ₹237.00 Cr | Open |
| 21 Apr 2015 | Housing Development Finance Corporation Limited | ₹940.00 Cr | Open |
| 30 Jan 2015 | Bank Of Baroda | ₹3.51 Cr | Open |
| 20 Jun 2014 | Icici Bank Limited | ₹175.00 Cr | Open |
| 19 Dec 2013 | Icici Bank Limited | ₹90.00 Cr | Open |
How Many Employees Work at Kanakia Spaces?
Kanakia Spaces has a workforce of 0 employees as of Nov 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kanakia Spaces, 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 Kanakia Spaces's trajectory.
Rating
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
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 Kanakia Spaces
Recent activity within the organization
- Charges
A charge registered on 12 Sep 2022 via Charge ID 100609831 with Idbi Trusteeship Services Limited was fully satisfied on 08 May 2024.
- Charges
A charge registered on 27 Mar 2017 via Charge ID 100090114 with Others was fully satisfied on 08 May 2024.
- Annual General Meeting
Kanakia Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Kanakia Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 118.40 Cr with Charge ID 100609831 was registered on 12 Sep 2022.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 237.00 Cr with Charge ID 100592759 was registered on 20 Jun 2022.
Recent News, Updates & Announcement
- Kanakia buys land in Powai for about Rs 850 crore.
With this transaction, the Urban Infrastructure Venture Capital, floated by Anand Jains Jai Corp with Reliance Industries as an anchor investor, has made a complete exit from the project in which it held 33% stake..
- Kanakia group to buy India Tube Mills land in Mumbai for Rs363 crore | Mint.
With a development potential of 10-15 lakh sq. ft, Kanakia group is looking to utilize the land either for mixed used development or building residential projects.
- "Zidane Promotes Real Estate Complex in Mumbai, Shares Insights on Coaching and Self-Expression".
Zidane visits Mumbai for promotional activities at a real estate complex. He talks about his transition from player to coach and the importance of passion and being oneself. The company spent a lot of money for this association. Zidane also attends a press conference and a celebrity football match. He will also participate in a wellness panel and a fashion show before leaving for other cities in India..
Frequently asked questions
What is the Incorporation or founding date of Kanakia Spaces Private Limited?
Kanakia Spaces Private Limited was incorporated on 05 Nov 1992.
What is authorized share capital and paid-up capital of Kanakia Spaces Private Limited?
The authorized share capital of Kanakia Spaces Private Limited is ₹ 15.01 Cr and paid-up capital is ₹ 12.59 Cr.
Who are the current board members & directors of Kanakia Spaces Private Limited?
Currently 2 directors are associated with Kanakia Spaces Private Limited.
- Rasesh Babubhai Kanakia
- Himanshu Babubhai Kanakia
What is the registered address of Kanakia Spaces Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kanakia Spaces Private Limited is A Wing Ground Floor Vilco Centre Subhash Road, Opp Garware India, Mumbai, Maharashtra, 400057.
What is the corporate identification number (CIN) and company number of Kanakia Spaces Private Limited?
The corporate identification number (CIN) of Kanakia Spaces Private Limited is U45200MH1992PTC069422 and the company number is 069422 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kanakia Spaces Private Limited?
The Official website of Kanakia Spaces Private Limited is https://www.kanakia.com
What has been the recent revenue trend for Kanakia Spaces Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kanakia Spaces Private Limited has fallen by -48.30%.
What change has been observed in the net worth of Kanakia Spaces Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kanakia Spaces Private Limited has experienced an downturn of -3.52%.
What are the total open charges for Kanakia Spaces Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kanakia Spaces Private Limited amount to ₹ 1,466.05 Cr.
When was the last Balance Sheet of Kanakia Spaces Private Limited filed with the ROC?
The most recent Balance Sheet for Kanakia Spaces Private Limited was filed with the ROC on 31 Mar 2023.
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