Kitco Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.85 Cr
- Company Age 52 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.29 M
- Satisfied Charges ₹ 0.12 M
- Revenue Growth 27.00%
- Profit Growth 402.53%
- Ebitda 94.59%
- Net Worth 6.24%
- Total Assets 3.03%
About Kitco
Kitco Limited (KL) was founded in India on 03 June 1972 and has a glorious history of 52 years and nine months. Its registered office is in Ernakulam, Kerala, India.
The Corporate was formerly known as Kerala Industrial And Technical Consultancy Organisation Limited. The Company is engaged in the Business Outsourcing 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 10.00 Cr and a paid-up capital of Rs 9.85 Cr.
The company currently has active open charges totaling ₹0.29 M. The company has closed loans amounting to ₹0.12 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kitco Limited India is Benty Vazhappilly as CFO. Suneet Shukla, Santhosh Thomas, Harinarayanaraj, and Three other members serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140KL1972GOI002425
- Company No.
002425
- Company Classification
Public Limited Union Government Company
- Incorporation Date
03 Jun 1972
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Business Outsourcing
Who are the key members and board of directors at Kitco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harinarayanaraj  | Managing Director | 27-Jan-2021 | Current |
| Benty Vazhappilly | CFO | 11-Jul-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suneet Shukla | Director | 03-Nov-2021 | Current |
| Santhosh Thomas | Director | 28-Apr-2020 | Current |
| Sreenivas Allada | Nominee Director | 28-Apr-2020 | Current |
| Sudhir Gupta | Director | 22-Nov-2022 | Current |
| Shaju Tharakan | Nominee Director | 08-Jul-2024 | Current |
Financial Performance of Kitco.
Kitco Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27% increase. The company also saw a substantial improvement in profitability, with a 402.53% increase in profit. The company's net worth moved up by a moderate rise of 6.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kitco?
In 2023, Kitco had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Western India Kinfra LtdSanthosh Thomas is a mutual person
Kinfra International Apparel Parks LimitedSanthosh Thomas is a mutual person
Kinfra Electronic Park Private LimitedSanthosh Thomas is a mutual person
Kinesco Power And Utilities Private LimitedSanthosh Thomas is a mutual person
Kinfra Export Promotion Industrial Parks LtdSanthosh Thomas is a mutual person
Kerala Paper Products LimitedSanthosh Thomas is a mutual person
Charges (Loans)
Open Charges
₹0.03 Cr
Satisfied Charges
₹0.01 Cr
Charges Breakdown by Lending Institutions
- Kerala Financial Corporation : 0.02 Cr
- Industrial Development Bank Of India : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 1989 | Kerala Financial Corporation | ₹0.09 M | Open |
| 14 Mar 1989 | Industrial Development Bank Of India | ₹0.12 M | Open |
| 02 Jun 1987 | Kerala Financial Corporation | ₹0.08 M | Open |
| 27 Mar 1990 | Bank Of Baroda | ₹0.10 M | Satisfied |
| 04 Mar 1978 | State Bank Of Travancore | ₹0.02 M | Satisfied |
How Many Employees Work at Kitco?
Kitco has a workforce of 142 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kitco, 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 Kitco's trajectory.
Rating
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
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 Kitco
Recent activity within the organization
- Director Appointment
Shaju Raphel Tharakan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Jul 2024 & has been associated with this company since 8 months 19 days .
- Annual General Meeting
Kitco Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
Kitco Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Charges
A charge registered on 04 Mar 1978 via Charge ID 90021423 with State Bank Of Travancore was fully satisfied on 16 Mar 2023.
- Charges
A charge registered on 27 Mar 1990 via Charge ID 90021865 with Bank Of Baroda was fully satisfied on 13 Mar 2023.
- Director Appointment
Suneet Shukla was appointed as a Director was appointed as a Director on 03 Nov 2021 & has been associated with this company since 3 years 4 months .
Recent News, Updates & Announcement
Brookmeadow at Blue Hills Senior Living Community Unveils Exciting Renovations and Upgrades.Comprehensive renovations underline Brookmeadow at Blue Hills' commitment to creating an exceptional living environment, thanks to Everbrook Senior.......
- Kitco expects 20% growth in turnover in current fiscal.
The public sector organisation jointly formed by IDBI and Kerala government 46 years ago clocked a turnover of Rs 60 crore in 2017-18, a rise of 20% over the previous year. Its net profit had shown 11.62% growth to Rs 9.34 crore last year..
Frequently asked questions
What is the Incorporation or founding date of Kitco Limited?
Kitco Limited was incorporated on 03 Jun 1972.
What is authorized share capital and paid-up capital of Kitco Limited?
The authorized share capital of Kitco Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.85 Cr.
Who are the current board members & directors of Kitco Limited?
Currently 7 directors are associated with Kitco Limited.
- Suneet Shukla
- Santhosh Koshy Thomas
- Harinarayanaraj
- Sreenivas Allada
- Sudhir Kumar Gupta
- Shaju Raphel Tharakan
- Benty Augustine Vazhappilly
What is the registered address of Kitco Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kitco Limited is Mm Gardens Church Landing Road Near Fine Arts Hall, India, Ernakulam, Kerala, 682016.
What is the corporate identification number (CIN) and company number of Kitco Limited?
The corporate identification number (CIN) of Kitco Limited is U74140KL1972GOI002425 and the company number is 002425 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kitco Limited?
The Official website of Kitco Limited is https://www.kitco.in
What has been the recent revenue trend for Kitco Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kitco Limited has risen by 27.00%.
How many employees does Kitco Limited currently have?
As Per 2023 financial reports, 142 employees are currently employed by Kitco Limited.
What change has been observed in the net worth of Kitco Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kitco Limited has experienced an upsurge of 6.24%.
What are the total open charges for Kitco Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kitco Limited amount to ₹ 0.29 M.
When was the last Balance Sheet of Kitco Limited filed with the ROC?
The most recent Balance Sheet for Kitco Limited was filed with the ROC on 31 Mar 2023.
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