Kanika Ispat Private Limited

Specializing in iron and steel trading.

2009 | Bangalore, Karnataka (India) | Active
Last Updated: October 14, 2024

Kanika Ispat Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.60 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 0.97 M
  • Revenue Growth 78.26%
  • Profit Growth 78.17%
  • Ebitda 46.20%
  • Net Worth 34.06%
  • Total Assets 37.06%

About Kanika Ispat

Kanika Ispat Private Limited (KIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2009 and has a history of 15 years and nine months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 3.60 M.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹0.97 M, as per Ministry of Corporate Affairs (MCA) records.

Rohit Goel, Subash Goel, and Mohit Goel serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104KA2009PTC049531

  • Company No.

    049531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Kanika Ispat?

Board Members (3)

NameDesignationAppointment DateStatus
Rohit Goel Country flag representing In Director 03-Apr-2009Current
Subash Goel Country flag representing In Director 03-Apr-2009Current
Mohit Goel Country flag representing In Director 29-Dec-2023Current

Financial Performance of Kanika Ispat.

Kanika Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.26% increase. The company also saw a substantial improvement in profitability, with a 78.17% increase in profit. The company's net worth Soared by an impressive increase of 34.06%.

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
78.26%
Revenue from Operations
78.30%
Total Assets
37.06%
Profit or Loss
78.17%
Net Worth
34.06%
EBITDA
46.20%

What is the Ownership and Shareholding Structure of Kanika Ispat?

In 2023, Kanika Ispat had a promoter holding of 57.08% and a public holding of 42.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 M

Satisfied Charges

₹0.97 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Aug 2014Axis Bank Limited₹10.00 CrOpen
10 Jan 2014Kotak Mahindra Prime Limited₹0.97 MSatisfied

How Many Employees Work at Kanika Ispat?

Unlock and access historical data on people associated with Kanika Ispat, 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 Kanika Ispat, 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 Kanika Ispat'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 Kanika Ispat

Recent activity within the organization

  • Director Appointment

    Mohit Goel was appointed as a Director was appointed as a Director on 29 Dec 2023 & has been associated with this company since 1 year 1 month .

    29 Dec 2023

  • Annual General Meeting

    Kanika Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kanika Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 M registered on 11 Aug 2014 with Charge ID 10515387 was modified on 09 Nov 2022.

    09 Nov 2022

  • Charges

    A charge registered on 10 Jan 2014 via Charge ID 10478257 with Kotak Mahindra Prime Limited was fully satisfied on 04 Feb 2021.

    04 Feb 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 10515387 was registered on 11 Aug 2014.

    11 Aug 2014

Frequently asked questions

  • Kanika Ispat Private Limited was incorporated on 03 Apr 2009.

  • The authorized share capital of Kanika Ispat Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.60 M.

  • Currently 3 directors are associated with Kanika Ispat Private Limited.

    • Rohit Goel
    • Subash Chand Goel
    • Mohit Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanika Ispat Private Limited is 506 Barton Centre No:84 M G Road, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Kanika Ispat Private Limited is U27104KA2009PTC049531 and the company number is 049531 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanika Ispat Private Limited has risen by 78.26%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanika Ispat Private Limited has experienced an upsurge of 34.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanika Ispat Private Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Kanika Ispat Private Limited was filed with the ROC on 31 Mar 2023.

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