King Refineries Private Limited

Refining and marketing edible oils under two brands in Tamil Nadu, Karnataka, and Kerala.

1994 | Periyar Dist, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

King Refineries Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.39 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Satisfied Charges ₹ 15.33 Cr
  • Revenue Growth 16.71%
  • Profit Growth 107.52%
  • Ebitda 135.29%
  • Net Worth 3.86%
  • Total Assets -4.80%

About King Refineries

King Refineries Private Limited (KRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 1994 and has a history of 30 years and seven months. Its registered office is in Periyar Dist, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 7.50 M and a paid-up capital of Rs 7.39 M.

The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹15.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatachalam Thulasimani, Moorthy Abinand, Muthuvelappan Venkatachalam, and Three other members serve as directors at the Company.

Company Details

  • Location

    Periyar Dist, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kingrefineries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143TZ1994PTC005187

  • Company No.

    005187

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Food and Beverages

What products or services does King Refineries Private Limited offer?

King Refineries Private Limited offers a wide range of products and services, including Edible Oil & Allied Products, Sunflower Oil, Refined Oil, Refined Sunflower Oil.

Who are the key members and board of directors at King Refineries?

Executive Team (1)

NameDesignationAppointment DateStatus
Sadiayagounder Arumugam Country flag representing In Managing Director05-Jul-1994Current

Board Members (5)

NameDesignationAppointment DateStatus
Venkatachalam Thulasimani Country flag representing In Director 22-Jan-2020Current
Moorthy Abinand Country flag representing In Director 28-Feb-2015Current
Muthuvelappan Venkatachalam Country flag representing In Director 05-Jul-1994Current
Arumugam Boopathy Country flag representing In Director 30-Apr-1999Current
Shanmugam Moorthy Country flag representing In Director 30-Apr-1999Current

Financial Performance of King Refineries.

King Refineries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.71% increase. The company also saw a substantial improvement in profitability, with a 107.52% increase in profit. The company's net worth moved up by a moderate rise of 3.86%.

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
16.71%
Revenue from Operations
16.10%
Total Assets
-4.80%
Profit or Loss
107.52%
Net Worth
3.86%
EBITDA
135.29%

What is the Ownership and Shareholding Structure of King Refineries?

In 2023, King Refineries had a promoter holding of 62.93% and a public holding of 37.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.05 M

Satisfied Charges

₹153.31 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.13 Cr
  • Canara Bank : 0.29 Cr
  • Others : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2023Axis Bank Limited₹1.00 CrOpen
04 Oct 2018Axis Bank Limited₹2.55 MOpen
05 Jun 2018Others₹0.80 MOpen
05 Oct 2017Axis Bank Limited₹8.88 CrOpen
29 Dec 2014Canara Bank₹2.90 MOpen

How Many Employees Work at King Refineries?

King Refineries has a workforce of 14 employees as of Mar 30, 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 King Refineries, 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 King Refineries'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 King Refineries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100820383 was registered on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    King Refineries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 88.80 M registered on 05 Oct 2017 with Charge ID 100129438 was modified on 05 Feb 2022.

    05 Feb 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.55 M with Charge ID 100211891 was registered on 04 Oct 2018.

    04 Oct 2018

  • Charges

    A charge with Others amounted to Rs. 0.80 M with Charge ID 100191308 was registered on 05 Jun 2018.

    05 Jun 2018

Frequently asked questions

  • King Refineries Private Limited was incorporated on 05 Jul 1994.

  • The authorized share capital of King Refineries Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.39 M.

  • Currently 6 directors are associated with King Refineries Private Limited.

    • Venkatachalam Thulasimani
    • Moorthy Abinand
    • Muthuvelappan Venkatachalam
    • Sadiayagounder Angappa Gounder Arumugam
    • Arumugam Boopathy
    • Shanmugam Moorthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of King Refineries Private Limited is 747 C Kamaraj Nagarkolappalur Village Gobichettipalayam, Periyar Dist, Tamil Nadu, India, 638456.

  • The corporate identification number (CIN) of King Refineries Private Limited is U15143TZ1994PTC005187 and the company number is 005187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of King Refineries Private Limited is https://www.kingrefineries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for King Refineries Private Limited has risen by 16.71%.

  • As Per 2023 financial reports, 14 employees are currently employed by King Refineries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of King Refineries Private Limited has experienced an upsurge of 3.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for King Refineries Private Limited amount to ₹ 10.50 Cr.

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

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