Kerone Engineering Solutions Limited

Manufacturer of specialized heating, cooling, and drying systems for various industries worldwide.

1976 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Kerone Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.02 M
  • Company Age 48 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 0.95 M
  • Revenue Growth 61.21%
  • Profit Growth 417.58%
  • Ebitda 87.19%
  • Net Worth 387.10%
  • Total Assets 39.92%

About Kerone Engineering Solutions

Kerone Engineering Solutions Limited (KESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 April 1976 and has a history of 48 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kerone Engineering Solutions 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 2.50 M and a paid-up capital of Rs 1.02 M.

The company has closed loans amounting to ₹0.95 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Harish Gandhi, Jyotsna Harishbhai, Maulik Gandhi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29198MH1976PLC018971

  • Company No.

    018971

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 1976

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Kerone Engineering Solutions Limited offer?

Kerone Engineering Solutions Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Autoclaves, Sterilizers & Incubators, UV Sterilizer and Lamps.

Who are the key members and board of directors at Kerone Engineering Solutions?

Board Members (5)

NameDesignationAppointment DateStatus
Harish Gandhi Country flag representing In Director 17-Apr-1976Current
Jyotsna Harishbhai Country flag representing In Director 17-Apr-1976Current
Maulik Gandhi Country flag representing In Director 28-Aug-2013Current
Ramesh Shinde Country flag representing In Director 19-Feb-2019Current
Dimple Gandhi Country flag representing In Director 19-Feb-2019Current

Financial Performance of Kerone Engineering Solutions.

Kerone Engineering Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.21% increase. The company also saw a substantial improvement in profitability, with a 417.58% increase in profit. The company's net worth Soared by an impressive increase of 387.1%.

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
61.21%
Revenue from Operations
56.08%
Total Assets
39.92%
Profit or Loss
417.58%
Net Worth
387.10%
EBITDA
87.19%

What is the Ownership and Shareholding Structure of Kerone Engineering Solutions?

In 2023, Kerone Engineering Solutions 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

₹0.95 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 1999Union Bank Of India₹0.95 MSatisfied

How Many Employees Work at Kerone Engineering Solutions?

Unlock and access historical data on people associated with Kerone Engineering Solutions, 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 Kerone Engineering Solutions, 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 Kerone Engineering Solutions'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 Kerone Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

    Kerone Engineering Solutions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kerone Engineering Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ramesh Shahaji Shinde was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 5 years 11 months .

    19 Feb 2019

  • Director Appointment

    Dimple Maulik Gandhi was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 5 years 11 months .

    19 Feb 2019

  • Director Appointment

    Maulik Harish Gandhi was appointed as a Director was appointed as a Director on 28 Aug 2013 & has been associated with this company since 11 years 5 months .

    28 Aug 2013

  • Charges

    A charge registered on 03 Aug 1999 via Charge ID 80053793 with Union Bank Of India was fully satisfied on 13 Jun 2009.

    13 Jun 2009

Frequently asked questions

  • Kerone Engineering Solutions Limited was incorporated on 17 Apr 1976.

  • The authorized share capital of Kerone Engineering Solutions Limited is ₹ 2.50 M and paid-up capital is ₹ 1.02 M.

  • Currently 5 directors are associated with Kerone Engineering Solutions Limited.

    • Harish Jayantilal Gandhi
    • Jyotsna Gandhi Harishbhai
    • Maulik Harish Gandhi
    • Ramesh Shahaji Shinde
    • Dimple Maulik Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kerone Engineering Solutions Limited is 210 Veena Dalwaiindustrial Estate Jogeshwari (W) India, Mumbai, Maharashtra, 400102.

  • The corporate identification number (CIN) of Kerone Engineering Solutions Limited is U29198MH1976PLC018971 and the company number is 018971 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kerone Engineering Solutions Limited is https://www.kerone.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kerone Engineering Solutions Limited has risen by 61.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kerone Engineering Solutions Limited has experienced an upsurge of 387.10%.

  • The most recent Balance Sheet for Kerone Engineering Solutions Limited was filed with the ROC on 31 Mar 2023.