Kasaar Innovative Foods Limited

Specializing in food product trading.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 24, 2024

Kasaar Innovative Foods Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.68 Cr
  • Revenue Growth 6727.14%
  • Profit Growth 543.66%
  • Ebitda -0.59%
  • Net Worth 703.86%
  • Total Assets 394.91%

About Kasaar Innovative Foods

Kasaar Innovative Foods Limited (KIFL) is a Public Limited Indian Non-Government Company incorporated in India on 27 May 1996 and has a history of 28 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Food And Beverages 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 2.20 Cr and a paid-up capital of Rs 2.16 Cr.

The company has closed loans amounting to ₹5.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajkumar Patel, Rajesh Vansjaliya, and Bhaveshbhai Vansjaliya serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35117GJ1996PLC029759

  • Company No.

    029759

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 May 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Kasaar Innovative Foods?

Executive Team (1)

Name Designation Appointment Date Status
Bhaveshbhai Vansjaliya Country flag representing In Managing Director 18-Aug-2000 Current

Board Members (2)

Name Designation Appointment Date Status
Rajkumar Patel Country flag representing In Director 15-Feb-2013 Current
Rajesh Vansjaliya Country flag representing In Director 01-Jul-2006 Current

Financial Performance of Kasaar Innovative Foods.

Kasaar Innovative Foods Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 6727.14% increase. The company also saw a substantial improvement in profitability, with a 543.66% increase in profit. The company's net worth Soared by an impressive increase of 703.86%.

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
6727.14%
Revenue from Operations
Total Assets
394.91%
Profit or Loss
543.66%
Net Worth
703.86%
EBITDA
-0.59%

What is the Ownership and Shareholding Structure of Kasaar Innovative Foods?

In 2019, Kasaar Innovative Foods 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

₹0

Satisfied Charges

₹5.68 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 4.10 Cr
  • Vijaya Bank : 1.58 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2007 Central Bank Of India ₹2.05 Cr Satisfied
28 Dec 2007 Central Bank Of India ₹2.05 Cr Satisfied
22 Apr 1999 Vijaya Bank ₹6.00 M Satisfied
20 Apr 1999 Vijaya Bank ₹6.00 M Satisfied
04 May 1998 Vijaya Bank ₹3.00 M Satisfied

How Many Employees Work at Kasaar Innovative Foods?

Unlock and access historical data on people associated with Kasaar Innovative Foods, 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 Kasaar Innovative Foods, 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 Kasaar Innovative Foods'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 Kasaar Innovative Foods

Recent activity within the organization

  • Annual General Meeting

    Kasaar Innovative Foods Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kasaar Innovative Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Rajkumar Naranbhai Patel was appointed as a Director was appointed as a Director on 15 Feb 2013 & has been associated with this company since 11 years 11 months .

    15 Feb 2013

  • Charges

    A charge registered on 20 Apr 1999 via Charge ID 90111459 with Vijaya Bank was fully satisfied on 13 Apr 2012.

    13 Apr 2012

  • Charges

    A charge registered on 04 May 1998 via Charge ID 90112438 with Vijaya Bank was fully satisfied on 13 Apr 2012.

    13 Apr 2012

  • Charges

    A charge registered on 20 Apr 1998 via Charge ID 90112429 with Vijaya Bank was fully satisfied on 13 Apr 2012.

    13 Apr 2012

Frequently asked questions

  • Kasaar Innovative Foods Limited was incorporated on 27 May 1996.

  • The authorized share capital of Kasaar Innovative Foods Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.16 Cr.

  • Currently 3 directors are associated with Kasaar Innovative Foods Limited.

    • Rajkumar Naranbhai Patel
    • Rajesh Jayrambhai Vansjaliya
    • Bhaveshbhai Jayrambhai Vansjaliya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kasaar Innovative Foods Limited is 84 8Th Floor New York Towera Thaltej Sarkhej Gandhinagar Highway India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Kasaar Innovative Foods Limited is U35117GJ1996PLC029759 and the company number is 029759 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kasaar Innovative Foods Limited has risen by 6727.14%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kasaar Innovative Foods Limited has experienced an upsurge of 703.86%.

  • The most recent Balance Sheet for Kasaar Innovative Foods Limited was filed with the ROC on 31 Mar 2024.

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