Khanna Watches Limited

Designs and manufactures wrist watches, watch cases, and watch parts since 1977.

1977 | Chandigarh (India) | Active
Last Updated:

Khanna Watches Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.25 M
  • Company Age 48 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.69 Cr
  • Revenue Growth 141.89%
  • Profit Growth -242.89%
  • Ebitda -270.74%
  • Net Worth -172.85%
  • Total Assets -3.39%

About Khanna Watches

Khanna Watches Limited (KWL) is a Public Limited Indian Non-Government Company incorporated in India on 24 January 1977 and has a history of 48 years and three months. Its registered office is in Chandigarh, India.

The Company is engaged in the Consumer Goods 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 4.00 M and a paid-up capital of Rs 3.25 M.

The company has closed loans amounting to ₹2.69 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Suvrat Khanna, Ashok Khanna, and Chitranjan Sharma serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33302CH1977PLC003719

  • Company No.

    003719

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1977

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Goods
Company report

Khanna Watches Limited

Explore comprehensive data for Khanna Watches Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Khanna Watches?

Executive Team (1)

NameDesignationAppointment DateStatus
Suvrat Khanna Country flag representing In Managing Director11-Dec-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Ashok Khanna Country flag representing In Director 24-Jan-1977Current
Chitranjan Sharma Country flag representing In Director 29-Mar-2018Current

Financial Performance of Khanna Watches.

Khanna Watches Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.89% increase. The company also saw a substantial fall in profitability, with a 242.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 172.85%.

Khanna Watches revenue growth over time
Khanna Watches 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
141.89%
Revenue from Operations
149.06%
Total Assets
-3.39%
Profit or Loss
-242.89%
Net Worth
-172.85%
EBITDA
-270.74%

What is the Ownership and Shareholding Structure of Khanna Watches?

In 2023, Khanna Watches had a promoter holding of 80.26% and a public holding of 19.74%. The company had 2 Associate Companies. 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

₹26.85 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.50 Cr
  • Himalaya Pradesh State Industrial Development Corp. Ltd. : 0.65 Cr
  • Himachal Pradesh State Ind Development Corp Ltd : 0.38 Cr
  • Himachal Pradesh Financial Corporation. : 0.14 Cr
  • New Bank Of India : 0.01 Cr
  • Others : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 1996Punjab National Bank₹1.20 MSatisfied
22 Feb 1991Himalaya Pradesh State Industrial Development Corp. Ltd.₹6.50 MSatisfied
15 May 1987Himachal Pradesh State Ind Development Corp Ltd₹3.80 MSatisfied
22 Oct 1986New Bank Of India₹0.06 MSatisfied
03 Mar 1979United Commercial Bank₹0.04 MSatisfied

How Many Employees Work at Khanna Watches?

Unlock and access historical data on people associated with Khanna Watches, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Khanna Watches Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Khanna Watches, 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 Khanna Watches'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 Khanna Watches

Recent activity within the organization

  • Annual General Meeting

    Khanna Watches Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Khanna Watches Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Chitranjan Sharma was appointed as a Director was appointed as a Director on 29 Mar 2018 & has been associated with this company since 7 years 30 days .

  • Director Appointment

    Suvrat Khanna was appointed as a Managing Director was appointed as a Managing Director on 11 Dec 2007 & has been associated with this company since 17 years 4 months .

  • Charges

    A charge registered on 01 Mar 1996 via Charge ID 90168807 with Punjab National Bank was fully satisfied on 24 Mar 2006.

  • Charges

    A charge registered on 27 Feb 1979 via Charge ID 90167647 with Punjab National Bank was fully satisfied on 24 Mar 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Khanna Watches Limited?

    Khanna Watches Limited was incorporated on 24 Jan 1977.

  • What is authorized share capital and paid-up capital of Khanna Watches Limited?

    The authorized share capital of Khanna Watches Limited is ₹ 4.00 M and paid-up capital is ₹ 3.25 M.

  • Who are the current board members & directors of Khanna Watches Limited?

    Currently 3 directors are associated with Khanna Watches Limited.

    • Suvrat Khanna
    • Ashok Khanna
    • Chitranjan Sharma
  • What is the registered address of Khanna Watches Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Khanna Watches Limited is Plot No 82 Industrial Area Phase 1 India, Chandigarh, 160002.

  • What is the corporate identification number (CIN) and company number of Khanna Watches Limited?

    The corporate identification number (CIN) of Khanna Watches Limited is U33302CH1977PLC003719 and the company number is 003719 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Khanna Watches Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Khanna Watches Limited has risen by 141.89%.

  • What change has been observed in the net worth of Khanna Watches Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Khanna Watches Limited has experienced an downturn of -172.85%.

  • When was the last Balance Sheet of Khanna Watches Limited filed with the ROC?

    The most recent Balance Sheet for Khanna Watches Limited was filed with the ROC on 31 Mar 2024.

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