Kanrad Houseware Private Limited

Manufactures aluminum cookware, non-stickware, and hard anodized ware under the brand 'Deepam'.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Kanrad Houseware Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.57 Cr
  • Satisfied Charges ₹ 17.45 Cr
  • Revenue Growth 24.88%
  • Profit Growth -16.27%
  • Ebitda 36.66%
  • Net Worth 6.06%
  • Total Assets 20.41%

About Kanrad Houseware

Kanrad Houseware Private Limited (KHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2003 and has a history of 21 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Home & Lifestyle 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 2.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹8.57 Cr. The company has closed loans amounting to ₹17.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devamanoharan Karthik and Teena Karthik serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27109KA2003PTC031882

  • Company No.

    031882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2003

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

Who are the key members and board of directors at Kanrad Houseware?

Board Members (2)

Name Designation Appointment Date Status
Devamanoharan Karthik Country flag representing In Director 02-May-2003 Current
Teena Karthik Country flag representing In Additional Director 01-Apr-2013 Current

Financial Performance of Kanrad Houseware.

Kanrad Houseware Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.88% increase. The company also saw a substantial fall in profitability, with a 16.27% decrease in profit. The company's net worth moved up by a moderate rise of 6.06%.

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
24.88%
Revenue from Operations
24.95%
Total Assets
20.41%
Profit or Loss
-16.27%
Net Worth
6.06%
EBITDA
36.66%

What is the Ownership and Shareholding Structure of Kanrad Houseware?

In 2023, Kanrad Houseware 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

Charges (Loans)

Open Charges

₹85.68 M

Satisfied Charges

₹174.50 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 4.50 Cr
  • Others : 3.00 Cr
  • Hdfc Bank Limited : 1.07 Cr

Latest Charge Details

Date Lender Amount Status
22 Apr 2024 Standard Chartered Bank ₹4.50 Cr Open
17 May 2023 Others ₹3.00 Cr Open
03 Oct 2022 Hdfc Bank Limited ₹6.68 M Open
30 Nov 2020 Hdfc Bank Limited ₹4.00 M Open
25 Oct 2017 Standard Chartered Bank ₹0.80 M Satisfied

How Many Employees Work at Kanrad Houseware?

Kanrad Houseware has a workforce of 40 employees as of Apr 07, 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 Kanrad Houseware, 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 Kanrad Houseware'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 Kanrad Houseware

Recent activity within the organization

  • Annual General Meeting

    Kanrad Houseware Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 45.00 M with Charge ID 100915554 was registered on 22 Apr 2024.

    22 Apr 2024

  • Balance Sheet

    Kanrad Houseware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100720016 was registered on 17 May 2023.

    17 May 2023

  • Charges

    A charge registered on 25 Oct 2017 via Charge ID 100139712 with Standard Chartered Bank was fully satisfied on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge registered on 22 Sep 2014 via Charge ID 10521887 with Standard Chartered Bank was fully satisfied on 06 Mar 2023.

    06 Mar 2023

Frequently asked questions

  • Kanrad Houseware Private Limited was incorporated on 02 May 2003.

  • The authorized share capital of Kanrad Houseware Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Kanrad Houseware Private Limited.

    • Devamanoharan Karthik
    • Teena Rajeshwari Karthik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanrad Houseware Private Limited is No. 46, 4Th Phase Bommasandra Industrial Area India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Kanrad Houseware Private Limited is U27109KA2003PTC031882 and the company number is 031882 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanrad Houseware Private Limited is https://www.kanradhouseware.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanrad Houseware Private Limited has risen by 24.88%.

  • As Per 2023 financial reports, 40 employees are currently employed by Kanrad Houseware Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanrad Houseware Private Limited has experienced an upsurge of 6.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanrad Houseware Private Limited amount to ₹ 8.57 Cr.

  • The most recent Balance Sheet for Kanrad Houseware Private Limited was filed with the ROC on 31 Mar 2024.

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