

Kasturi Foundry Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.10 M
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.50 Cr
- Satisfied Charges ₹ 26.50 Cr
- Revenue Growth 29.89%
- Profit Growth 39.34%
- Ebitda 22.65%
- Net Worth 22.51%
- Total Assets 22.94%
About Kasturi Foundry
Kasturi Foundry Private Limited (KFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2006 and has a history of 18 years and eight months. Its registered office is in Kolhapur, Maharashtra, India.
The Company is engaged in the Engineering 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 1.00 Cr and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹21.50 Cr. The company has closed loans amounting to ₹26.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitin Zanvar, Neeraj Zanvar, Narendra Zanvar, and Two other members serve as directors at the Company.
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310PN2006PTC129014
- Company No.
129014
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Kasturi Foundry?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Neeraj Zanvar ![]() | Managing Director | 05-Sep-2006 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Nitin Zanvar ![]() | Whole-Time Director | 05-Sep-2006 | Current |
Narendra Zanvar ![]() | Director | 01-Jul-2015 | Current |
Rohan Zanvar ![]() | Director | 30-Sep-2013 | Current |
Mahadev Damakale ![]() | Director | 12-May-2021 | Current |
Financial Performance of Kasturi Foundry.
Kasturi Foundry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.89% increase. The company also saw a substantial improvement in profitability, with a 39.34% increase in profit. The company's net worth Soared by an impressive increase of 22.51%.


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What is the Ownership and Shareholding Structure of Kasturi Foundry?
In 2023, Kasturi Foundry had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Zanvar Engineering Exports Pvt Ltd
Neeraj Zanvar, Rohan Zanvar and 1 more are mutual person
- Zanvar Csr Foundation
Neeraj Zanvar and Rohan Zanvar are mutual person
- Shriram Foundry Private Limited
Neeraj Zanvar, Narendra Zanvar and 2 more are mutual person
- S J Iron And Steels Pvt Ltd
Neeraj Zanvar, Narendra Zanvar and 2 more are mutual person
- Ashta Liners Private Limited
Nitin Zanvar, Neeraj Zanvar and 3 more are mutual person
- E D Steels Pvt Ltd
Neeraj Zanvar, Rohan Zanvar and 1 more are mutual person
Charges (Loans)
₹21.50 Cr
₹26.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 21.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
15 Jul 2023 | Hdfc Bank Limited | ₹1.50 Cr | Open |
14 Jan 2016 | Hdfc Bank Limited | ₹20.00 Cr | Open |
13 Apr 2011 | Apana Sahakri Bank Ltd. | ₹10.00 Cr | Satisfied |
28 Feb 2011 | Apana Sahakri Bank Ltd. | ₹4.00 Cr | Satisfied |
02 Jun 2010 | The Saraswat Co-Operative Bank Ltd. | ₹2.00 Cr | Satisfied |
How Many Employees Work at Kasturi Foundry?
Kasturi Foundry has a workforce of 605 employees as of Mar 30, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Kasturi Foundry, 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 Kasturi Foundry's trajectory.
Rating

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

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 Kasturi Foundry
Recent activity within the organization
- Annual General Meeting
Kasturi Foundry Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Kasturi Foundry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100785634 was registered on 15 Jul 2023.
- Director Appointment
Mahadev Kashinath Damakale was appointed as a Director was appointed as a Director on 12 May 2021 & has been associated with this company since 3 years 11 months .
- Charges
A charge registered on 13 Apr 2011 via Charge ID 10284029 with Apana Sahakri Bank Ltd. was fully satisfied on 13 Jul 2017.
- Charges
A charge registered on 28 Feb 2011 via Charge ID 10272177 with Apana Sahakri Bank Ltd. was fully satisfied on 13 Jul 2017.
Frequently asked questions
What is the Incorporation or founding date of Kasturi Foundry Private Limited?
Kasturi Foundry Private Limited was incorporated on 05 Sep 2006.
What is authorized share capital and paid-up capital of Kasturi Foundry Private Limited?
The authorized share capital of Kasturi Foundry Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.10 M.
Who are the current board members & directors of Kasturi Foundry Private Limited?
Currently 5 directors are associated with Kasturi Foundry Private Limited.
- Nitin Premaraj Zanvar
- Neeraj Narendra Zanvar
- Narendra Rampratap Zanvar
- Rohan Narendra Zanvar
- Mahadev Kashinath Damakale
What is the registered address of Kasturi Foundry Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kasturi Foundry Private Limited is 47 E Shivaji Park, India, Kolhapur, Maharashtra, 416004.
What is the corporate identification number (CIN) and company number of Kasturi Foundry Private Limited?
The corporate identification number (CIN) of Kasturi Foundry Private Limited is U27310PN2006PTC129014 and the company number is 129014 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kasturi Foundry Private Limited?
The Official website of Kasturi Foundry Private Limited is https://www.zanvargroup.com
What has been the recent revenue trend for Kasturi Foundry Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kasturi Foundry Private Limited has risen by 29.89%.
How many employees does Kasturi Foundry Private Limited currently have?
As Per 2023 financial reports, 605 employees are currently employed by Kasturi Foundry Private Limited.
What change has been observed in the net worth of Kasturi Foundry Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kasturi Foundry Private Limited has experienced an upsurge of 22.51%.
What are the total open charges for Kasturi Foundry Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kasturi Foundry Private Limited amount to ₹ 21.50 Cr.
When was the last Balance Sheet of Kasturi Foundry Private Limited filed with the ROC?
The most recent Balance Sheet for Kasturi Foundry Private Limited was filed with the ROC on 31 Mar 2024.
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