Kec Bearings Private Limited

Manufacturer of high-quality spherical roller bearings for various industries and heavy machinery.

1997 | Rajkot, Gujarat (India) | Active
Last Updated:

Kec Bearings Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.24 Cr
  • Satisfied Charges ₹ 8.49 Cr
  • Revenue Growth 22.08%
  • Profit Growth -48.14%
  • Ebitda -21.95%
  • Net Worth 3.80%
  • Total Assets 6.42%

About Kec Bearings

Kec Bearings Private Limited (KBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 1997 and has a history of 27 years and three months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Kankai Engineering Company Private Limited. The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹5.24 Cr. The company has closed loans amounting to ₹8.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sagar Varsani, Viradia Kanjibhai, Kumanlal Varsani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kecbearings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ1997PTC033288

  • Company No.

    033288

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Kec Bearings Private Limited offer?

Kec Bearings Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Roller Bearings, Spherical Roller Bearing, Taper Bearings.

Who are the key members and board of directors at Kec Bearings?

Board Members (5)

NameDesignationAppointment DateStatus
Honey Dudhatra Country flag representing In Director 16-Jun-2017Current
Sagar Varsani Country flag representing In Director 14-Sep-2015Current
Viradia Kanjibhai Country flag representing In Director 24-Oct-2009Current
Kumanlal Varsani Country flag representing In Director 14-Sep-2015Current
Smit Varsani Country flag representing In Director 30-Dec-2020Current

Financial Performance of Kec Bearings.

Kec Bearings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.08% increase. The company also saw a substantial fall in profitability, with a 48.14% decrease in profit. The company's net worth moved up by a moderate rise of 3.8%.

Kec Bearings revenue growth over time
Kec Bearings 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
22.08%
Revenue from Operations
22.10%
Total Assets
6.42%
Profit or Loss
-48.14%
Net Worth
3.80%
EBITDA
-21.95%

What is the Ownership and Shareholding Structure of Kec Bearings?

In 2023, Kec Bearings 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

₹5.24 Cr

Satisfied Charges

₹8.49 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.24 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2017Hdfc Bank Limited₹5.24 CrOpen
12 Jul 2016Others₹1.50 CrSatisfied
02 Jan 2012The Co-Operative Bank Of Rajkot Ltd.₹8.00 MSatisfied
09 Oct 2010The Co-Operative Bank Of Rajkot Ltd.₹0.82 MSatisfied
05 May 2010The Co-Operative Bank Of Rajkot Limited₹2.60 MSatisfied

How Many Employees Work at Kec Bearings?

Kec Bearings has a workforce of 42 employees as of Apr 08, 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.

Employee growth trends for Kec Bearings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kec Bearings, 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 Kec Bearings'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 Kec Bearings

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Kec Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Smit Kumanbhai Varsani was appointed as a Director was appointed as a Director on 30 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.24 Cr registered on 01 Sep 2017 with Charge ID 100128174 was modified on 07 Sep 2020.

  • Charges

    A charge registered on 12 Jul 2016 via Charge ID 100038520 with Others was fully satisfied on 15 Sep 2017.

  • Charges

    A charge registered on 05 May 2010 via Charge ID 10217441 with The Co-Operative Bank Of Rajkot Limited was fully satisfied on 15 Sep 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Kec Bearings Private Limited?

    Kec Bearings Private Limited was incorporated on 10 Nov 1997.

  • What is authorized share capital and paid-up capital of Kec Bearings Private Limited?

    The authorized share capital of Kec Bearings Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Kec Bearings Private Limited?

    Currently 5 directors are associated with Kec Bearings Private Limited.

    • Sagar G Varsani
    • Viradia Mehul Kanjibhai
    • Kumanlal Bachubhai Varsani
    • Smit Kumanbhai Varsani
    • Honey Jayantbhai Dudhatra

  • What is the registered address of Kec Bearings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kec Bearings Private Limited is Plot No. G-2408 Road No. F-2 Almighty Gate Lodhika G.I.D.C Metoda, Rajkot, Gujarat, India, 360021.

  • What is the corporate identification number (CIN) and company number of Kec Bearings Private Limited?

    The corporate identification number (CIN) of Kec Bearings Private Limited is U29130GJ1997PTC033288 and the company number is 033288 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kec Bearings Private Limited?

    The Official website of Kec Bearings Private Limited is https://www.kecbearings.com

  • What has been the recent revenue trend for Kec Bearings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kec Bearings Private Limited has risen by 22.08%.

  • How many employees does Kec Bearings Private Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Kec Bearings Private Limited.

  • What change has been observed in the net worth of Kec Bearings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kec Bearings Private Limited has experienced an upsurge of 3.80%.

  • What are the total open charges for Kec Bearings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kec Bearings Private Limited amount to ₹ 5.24 Cr.

  • When was the last Balance Sheet of Kec Bearings Private Limited filed with the ROC?

    The most recent Balance Sheet for Kec Bearings Private Limited was filed with the ROC on 31 Mar 2023.

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