Kg Foundations Private Limited

Real estate developer with 200+ projects in Chennai for residential, commercial, and hospitality spaces.

2005 | Chennai 600004, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Kg Foundations Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 223.03 Cr
  • Satisfied Charges ₹ 243.00 Cr
  • Revenue Growth 17.05%
  • Profit Growth -5.68%
  • Ebitda 9.04%
  • Net Worth 34.30%
  • Total Assets 69.15%

About Kg Foundations

Kg Foundations Private Limited (KFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 2005 and has a history of 19 years and nine months. Its registered office is in Chennai 600004, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 ₹223.03 Cr. The company has closed loans amounting to ₹243.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gokaldas Kumar and Haresh Kishor serve as directors at the Company.

Company Details

  • Location

    Chennai 600004, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kgbuilders.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TN2005PTC056047

  • Company No.

    056047

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Kg Foundations Private Limited offer?

Kg Foundations Private Limited offers a wide range of products and services, including Residential Construction Projects, Residential Construction Service, Building & Real Estate Developers, Commercial Construction Service.

Who are the key members and board of directors at Kg Foundations?

Executive Team (1)

Name Designation Appointment Date Status
Gokaldas Kumar Country flag representing In Managing Director 21-Apr-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Haresh Kishor Country flag representing In Whole-Time Director 01-Apr-2011 Current

Financial Performance of Kg Foundations.

Kg Foundations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.05% increase. The company also saw a slight decrease in profitability, with a 5.68% decrease in profit. The company's net worth Soared by an impressive increase of 34.3%.

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
17.05%
Revenue from Operations
17.09%
Total Assets
69.15%
Profit or Loss
-5.68%
Net Worth
34.30%
EBITDA
9.04%

What is the Ownership and Shareholding Structure of Kg Foundations?

In 2023, Kg Foundations had a promoter holding of 52.00% and a public holding of 48.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹223.03 Cr

Satisfied Charges

₹243.00 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Housing Finance Limited : 190.00 Cr
  • Others : 33.03 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2023 Others ₹12.50 Cr Open
01 Nov 2023 Others ₹11.00 Cr Open
20 Oct 2023 Tata Capital Housing Finance Limited ₹40.00 Cr Open
24 Feb 2023 Others ₹4.53 Cr Open
06 Jan 2023 Tata Capital Housing Finance Limited ₹30.00 Cr Open

How Many Employees Work at Kg Foundations?

Unlock and access historical data on people associated with Kg Foundations, 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 Kg Foundations, 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 Kg Foundations'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 Kg Foundations

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 12.50 Cr registered on 21 Nov 2023 with Charge ID 100824926 was modified on 25 Apr 2024.

    25 Apr 2024

  • Charges

    A charge with Others of Rs. 4.53 Cr registered on 24 Feb 2023 with Charge ID 100683673 was modified on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100824926 was registered on 21 Nov 2023.

    21 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100804200 was registered on 01 Nov 2023.

    01 Nov 2023

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 40.00 Cr with Charge ID 100810321 was registered on 20 Oct 2023.

    20 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • Kg Foundations Private Limited was incorporated on 21 Apr 2005.

  • The authorized share capital of Kg Foundations Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Kg Foundations Private Limited.

    • Gokaldas Kishore Kumar
    • Haresh Kishor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kg Foundations Private Limited is No.5 Bishop Wallers Avenueeast Mylapore Chennai 600004, Tamil Nadu, India.

  • The corporate identification number (CIN) of Kg Foundations Private Limited is U70101TN2005PTC056047 and the company number is 056047 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kg Foundations Private Limited is https://www.kgbuilders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kg Foundations Private Limited has risen by 17.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kg Foundations Private Limited has experienced an upsurge of 34.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kg Foundations Private Limited amount to ₹ 223.03 Cr.

  • The most recent Balance Sheet for Kg Foundations Private Limited was filed with the ROC on 31 Mar 2023.

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