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Kitec Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 22.20 Cr
as on 24-10-2024
- Paid Up Capital ₹ 9.12 Cr
as on 24-10-2024
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.60 Cr
as on 24-10-2024
- Satisfied Charges ₹ 17.79 Cr
as on 24-10-2024
- Revenue 28.14%
(FY 2023)
- Profit 44.19%
(FY 2023)
- Ebitda 59.86%
(FY 2023)
- Net Worth 25.85%
(FY 2023)
- Total Assets 36.23%
(FY 2023)
About Kitec Industries (India)
The Corporate was formerly known as Kitec Industries (India) Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 22.20 Cr and a paid-up capital of Rs 9.12 Cr.
The company currently has active open charges totaling ₹63.60 Cr. The company has closed loans amounting to ₹17.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avinash Laddha, Kamal Oswal, Makrand Moreshwar, and Four other members serve as directors at the Company.
- CIN/LLPIN
U74999DN1994PTC005602
- Company No.
076323
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1994
- Date of AGM
24 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Kitec Industries (India) Private Limited offer?
Kitec Industries (India) Private Limited offers a wide range of products and services, including Buffing, Surface Finishing Machines, Finishing Machine, PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Plumbing Pipe, Metal Pipe & Plumbing Fittings, Pipe Fittings, Brass Pipe Fittings, Brass Compression Fittings, Tube Fittings.
Who are the key members and board of directors at Kitec Industries (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinash Laddha  | Managing Director | 31-Jan-1994 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rinku Appalwar | Director | 24-Sep-2016 | Current |
| Makrand Moreshwar | Director | 29-Sep-2018 | Current |
| Kamal Oswal | Director | 31-Oct-1994 | Current |
| Rama Krishnan | Director | 17-Mar-2015 | Current |
| Dilip Kolhe | Director | 30-Dec-2017 | Current |
| Maithili Appalwar | Director | 06-Jul-2019 | Current |
Financial Performance and Corporate Structure Insights of Kitec Industries (India).
Kitec Industries (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.14% increase. The company also saw a substantial improvement in profitability, with a 44.19% increase in profit. The company's net worth Soared by an impressive increase of 25.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Kitec Industries (India)?
In 2023, Kitec Industries (India) 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)
Indian Flexible Intermediate Bulk Container AssociationActive 20 years 9 monthsRinku Appalwar is a mutual person
Emmbi Industries LimitedActive 30 years 21 daysMakrand Moreshwar, Rinku Appalwar and 1 more are mutual person
- Maithili Agrotech Private LimitedActive 19 years 6 days
Makrand Moreshwar and Rinku Appalwar are mutual person
- Emmbi Laboratories Private LimitedActive 27 years 30 days
Makrand Moreshwar and Rinku Appalwar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 11 Jun 2024 | ₹10.00 Cr | Open |
Axis Bank Limited Creation Date: 24 Jan 2024 | ₹20.00 Cr | Open |
Axis Bank Limited Creation Date: 25 Oct 2023 | ₹4.95 Cr | Open |
How Many Employees Work at Kitec Industries (India)?
Kitec Industries (India) has a workforce of 32 employees as of Apr 01, 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 Kitec Industries (India), 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 Kitec Industries (India)'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.
