Kiara Mills Private Limited

Textile fabric finishing manufacturing since 1997, based in Gujarat.

1997 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Kiara Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.99 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.33 Cr
  • Satisfied Charges ₹ 19.87 Cr
  • Revenue Growth 24.51%
  • Profit Growth 16.26%
  • Ebitda 4.35%
  • Net Worth -10.60%
  • Total Assets 23.17%

About Kiara Mills

Kiara Mills Private Limited (KMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 1997 and has a history of 27 years and ten months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Jaisal Industries Private Limited. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 9.99 M.

The company currently has active open charges totaling ₹16.33 Cr. The company has closed loans amounting to ₹19.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kumaresh Budhia and Aditya Budhia serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1997PTC031930

  • Company No.

    031930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Kiara Mills Private Limited offer?

Kiara Mills Private Limited offers a wide range of products and services, including Jacquard Fabric, Velvet Jacquard Fabric, Home Decor Fabric, Curtain Fabrics, Printed Fabrics, Designer Fabric.

Who are the key members and board of directors at Kiara Mills?

Board Members (2)

Name Designation Appointment Date Status
Kumaresh Budhia Country flag representing In Director 02-Mar-2010 Current
Aditya Budhia Country flag representing In Director 19-Mar-2019 Current

Financial Performance of Kiara Mills.

Kiara Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.51% increase. The company also saw a substantial improvement in profitability, with a 16.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.6%.

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
24.51%
Revenue from Operations
24.50%
Total Assets
23.17%
Profit or Loss
16.26%
Net Worth
-10.60%
EBITDA
4.35%

What is the Ownership and Shareholding Structure of Kiara Mills?

In 2023, Kiara Mills had a promoter holding of 98.79% and a public holding of 1.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.33 Cr

Satisfied Charges

₹19.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.74 Cr
  • Hdfc Bank Limited : 1.59 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2024 Hdfc Bank Limited ₹2.51 M Open
28 Apr 2023 Hdfc Bank Limited ₹7.46 M Open
13 Jan 2021 Hdfc Bank Limited ₹5.91 M Open
11 Aug 2020 Others ₹9.80 M Open
06 Aug 2018 Others ₹6.04 Cr Open

How Many Employees Work at Kiara Mills?

Kiara Mills has a workforce of 123 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kiara Mills, 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 Kiara Mills'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 Kiara Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100959025 was registered on 29 Jul 2024.

    29 Jul 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 7.72 Cr registered on 17 Jul 2018 with Charge ID 100194896 was modified on 17 May 2023.

    17 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100724252 was registered on 28 Apr 2023.

    28 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100421449 was registered on 13 Jan 2021.

    13 Jan 2021

Frequently asked questions

  • Kiara Mills Private Limited was incorporated on 18 Mar 1997.

  • The authorized share capital of Kiara Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.99 M.

  • Currently 2 directors are associated with Kiara Mills Private Limited.

    • Kumaresh Sanwarprasad Budhia
    • Aditya Budhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kiara Mills Private Limited is Block No301/2/3 Plot No.4 Vill.Tatithaiya Bardoli Road Palsa Na India, Surat, Gujarat, 394327.

  • The corporate identification number (CIN) of Kiara Mills Private Limited is U17119GJ1997PTC031930 and the company number is 031930 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kiara Mills Private Limited is https://www.kiaragrp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kiara Mills Private Limited has risen by 24.51%.

  • As Per 2023 financial reports, 123 employees are currently employed by Kiara Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kiara Mills Private Limited has experienced an downturn of -10.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kiara Mills Private Limited amount to ₹ 16.33 Cr.

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

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