Kanchan India Limited

Textile company specializing in manufacturing yarn, fabrics, and wool products with large production capacity.

1996 | Bhilwara 311 001, Rajasthan (India) | Active
Last Updated: October 24, 2024

Kanchan India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 49.48 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,855.49 Cr
  • Satisfied Charges ₹ 367.98 Cr
  • Revenue Growth 38.54%
  • Profit Growth 35.93%
  • Ebitda -8.50%
  • Net Worth 10.26%
  • Total Assets 19.87%

About Kanchan India

Kanchan India Limited (KIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 1996 and has a history of 28 years and eight months. Its registered office is in Bhilwara 311 001, Rajasthan.

The Corporate was formerly known as Kanchan Wool-Tex Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 49.48 Cr.

The company currently has active open charges totaling ₹1,855.49 Cr. The company has closed loans amounting to ₹367.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanchan India Limited India are Krishan Bangur as CFO and Priyanka Gulecha as Company Secretary. Nilesh Banger, Jayesh Bangur, Ladu Bangur, and Five other members serve as directors at the Company.

Company Details

  • Location Bhilwara 311 001, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kanchanindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17123RJ1996PLC012173

  • Company No.

    012173

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1996

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Kanchan India?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayesh Bangur Country flag representing In Managing Director10-Jun-1996Current
Krishan Bangur Country flag representing In CFO06-Jun-2014Current
Priyanka Gulecha Company Secretary22-Oct-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Nilesh Banger Country flag representing In Director 04-Jun-2010Current
Ladu Bangur Country flag representing In Director 10-Jun-1996Current
Durgesh Banger Country flag representing In Director 27-Mar-2008Current
Krishan Bangur Country flag representing In Whole-Time Director and Cfo 27-Sep-2008Current
Vijay Banger Country flag representing In Director 06-Jun-2014Current
Sanjay Kabra Country flag representing In Director 26-Mar-2015Current

Financial Performance of Kanchan India.

Kanchan India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.54% increase. The company also saw a substantial improvement in profitability, with a 35.93% increase in profit. The company's net worth Soared by an impressive increase of 10.26%.

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
38.54%
Revenue from Operations
37.80%
Total Assets
19.87%
Profit or Loss
35.93%
Net Worth
10.26%
EBITDA
-8.50%

What is the Ownership and Shareholding Structure of Kanchan India?

In 2023, Kanchan India had a promoter holding of 6.39% and a public holding of 93.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,855.49 Cr

Satisfied Charges

₹367.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 1114.91 Cr
  • Indian Bank : 511.82 Cr
  • Hdfc Bank Limited : 182.53 Cr
  • Yes Bank Limited : 26.15 Cr
  • Bank Of Baroda : 19.78 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2024Hdfc Bank Limited₹1.39 MOpen
01 Mar 2024Hdfc Bank Limited₹1.39 MOpen
31 Jan 2024Hdfc Bank Limited₹1.40 MOpen
31 Jan 2024Hdfc Bank Limited₹1.40 MOpen
15 Dec 2023Yes Bank Limited₹26.15 CrOpen

How Many Employees Work at Kanchan India?

Kanchan India has a workforce of 322 employees as of Apr 05, 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 Kanchan India, 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 Kanchan India'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 Kanchan India

Recent activity within the organization

  • Director Appointment

    Priyanka Gulecha was appointed as a Company Secretary was appointed as a Company Secretary on 22 Oct 2024 & has been associated with this company since 4 months 3 days .

    22 Oct 2024

  • Annual General Meeting

    Kanchan India Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 174.50 Cr registered on 07 Dec 2023 with Charge ID 100855533 was modified on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge with Indian Bank of Rs. 240.75 Cr registered on 27 Feb 2023 with Charge ID 100687729 was modified on 02 May 2024.

    02 May 2024

  • Charges

    A charge registered on 10 Aug 2023 via Charge ID 100760524 with Indian Bank was fully satisfied on 25 Apr 2024.

    25 Apr 2024

  • Balance Sheet

    Kanchan India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

Frequently asked questions

  • Kanchan India Limited was incorporated on 10 Jun 1996.

  • The authorized share capital of Kanchan India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 49.48 Cr.

  • Currently 10 directors are associated with Kanchan India Limited.

    • Nilesh Banger
    • Jayesh Bangur
    • Ladu Ram Bangur
    • Durgesh Banger
    • Krishan Gopal Bangur
    • Vijay Laxmi Banger
    • Sanjay Kabra
    • Siddartha Purshottam Chandak
    • Krishan Gopal Bangur
    • Priyanka Gulecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanchan India Limited is 19-20 Bhilwara Textiles Marketpur Road, Bhilwara 311 001 India, Bhilwara 311 001, Rajasthan.

  • The corporate identification number (CIN) of Kanchan India Limited is U17123RJ1996PLC012173 and the company number is 012173 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanchan India Limited is https://www.kanchanindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanchan India Limited has risen by 38.54%.

  • As Per 2023 financial reports, 322 employees are currently employed by Kanchan India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanchan India Limited has experienced an upsurge of 10.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanchan India Limited amount to ₹ 1,855.49 Cr.

  • The most recent Balance Sheet for Kanchan India Limited was filed with the ROC on 31 Mar 2024.

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