Kandoi Finance Pvt Ltd

Provides financing, investments, bill discounting, and related services in various sectors.

1994 | Cuttack, Orissa (India) | Active
Last Updated: July 31, 2024

Kandoi Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 132.90 Cr
  • Satisfied Charges ₹ 61.00 Cr
  • Revenue Growth 32.56%
  • Profit Growth 9.42%
  • Ebitda -19.09%
  • Net Worth 7.21%
  • Total Assets 16.90%

About Kandoi Finance

Kandoi Finance Pvt Ltd (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 August 1994 and has a history of 30 years and six months. Its registered office is in Cuttack, Orissa, India.

The Company is engaged in the Financial Services 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 1.50 Cr and a paid-up capital of Rs 1.49 Cr.

The company currently has active open charges totaling ₹132.90 Cr. The company has closed loans amounting to ₹61.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratana Kandoi and Navin Kandoi serve as directors at the Company.

Company Details

  • Location

    Cuttack, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ktlgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921OR1994PTC003670

  • Company No.

    003670

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Financial Services

Who are the key members and board of directors at Kandoi Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Navin Kandoi Country flag representing In Managing Director03-Aug-1994Current

Board Members (1)

NameDesignationAppointment DateStatus
Ratana Kandoi Country flag representing In Director 05-May-2009Current

Financial Performance of Kandoi Finance.

Kandoi Finance Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 32.56% increase. The company also saw a slight improvement in profitability, with a 9.42% increase in profit. The company's net worth moved up by a moderate rise of 7.21%.

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
32.56%
Revenue from Operations
500.00%
Total Assets
16.90%
Profit or Loss
9.42%
Net Worth
7.21%
EBITDA
-19.09%

What is the Ownership and Shareholding Structure of Kandoi Finance?

In 2023, Kandoi Finance had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹132.90 Cr

Satisfied Charges

₹61.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 97.90 Cr
  • Others : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2021Others₹35.00 CrOpen
10 Mar 2021Hdfc Bank Limited₹0.52 MOpen
23 Mar 2015Hdfc Bank Limited₹91.85 CrOpen
08 Dec 2011Hdfc Bank Limited₹6.00 CrOpen
18 Jun 2019Others₹20.00 CrSatisfied

How Many Employees Work at Kandoi Finance?

Unlock and access historical data on people associated with Kandoi Finance, 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 Kandoi Finance, 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 Kandoi Finance'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 Kandoi Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 15 Mar 2021 with Charge ID 100442822 was modified on 07 Dec 2023.

    07 Dec 2023

  • Annual General Meeting

    Kandoi Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 91.85 Cr registered on 23 Mar 2015 with Charge ID 10564477 was modified on 04 Sep 2023.

    04 Sep 2023

  • Balance Sheet

    Kandoi Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge registered on 18 Jun 2019 via Charge ID 100271258 with Others was fully satisfied on 25 Nov 2021.

    25 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100442822 was registered on 15 Mar 2021.

    15 Mar 2021

Frequently asked questions

  • Kandoi Finance Pvt Ltd was incorporated on 03 Aug 1994.

  • The authorized share capital of Kandoi Finance Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.49 Cr.

  • Currently 2 directors are associated with Kandoi Finance Pvt Ltd.

    • Ratana Kandoi
    • Navin Kumar Kandoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kandoi Finance Pvt Ltd is Kandoi House Mathasahi Chauliaganj, Cuttack, Orissa, India, 753003.

  • The corporate identification number (CIN) of Kandoi Finance Pvt Ltd is U65921OR1994PTC003670 and the company number is 003670 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kandoi Finance Pvt Ltd is https://www.ktlgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kandoi Finance Pvt Ltd has risen by 32.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kandoi Finance Pvt Ltd has experienced an upsurge of 7.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kandoi Finance Pvt Ltd amount to ₹ 132.90 Cr.

  • The most recent Balance Sheet for Kandoi Finance Pvt Ltd was filed with the ROC on 31 Mar 2023.

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