Kandela Innovations Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.64 Cr
- Revenue Growth 32.50%
- Profit Growth -18.24%
- Ebitda 25.22%
- Net Worth 30.71%
- Total Assets 5.96%
About Kandela Innovations
Kandela Innovations Private Limited (KIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 April 2017 (Seven years and ten months 1 days old ). Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹10.64 Cr.
Hiren Ajmera, Chetan Ajmera, and Jitesh Ajmera serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U74999MH2017PTC293827
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Company No.
293827
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Apr 2017
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Kandela Innovations?
Board Members (3)
Name | Designation | Appointment Date | Status |
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Hiren Ajmera
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Director | 13-Apr-2017 | Current |
Chetan Ajmera
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Director | 13-Apr-2017 | Current |
Jitesh Ajmera
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Director | 13-Apr-2017 | Current |
Financial Performance of Kandela Innovations.
Kandela Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.5% increase. The company also saw a substantial fall in profitability, with a 18.24% decrease in profit. The company's net worth Soared by an impressive increase of 30.71%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Kandela Innovations?
In 2023, Kandela Innovations 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹106.41 M
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 5.64 Cr
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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04 Oct 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
19 Dec 2018 | Yes Bank Limited | ₹5.64 Cr | Open |
How Many Employees Work at Kandela Innovations?
Kandela Innovations has a workforce of 34 employees as of Apr 08, 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](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Kandela Innovations, 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 Kandela Innovations's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.