_PRIVATE_LIMITED.webp)
Kitec Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 22.20 Cr
- Paid Up Capital ₹ 9.12 Cr
- Company Age 31 Year, 22 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.60 Cr
- Satisfied Charges ₹ 17.79 Cr
- Revenue Growth 28.14%
- Profit Growth 44.19%
- Ebitda 61.14%
- Net Worth 25.85%
- Total Assets 36.23%
About Kitec Industries (India)
Kitec Industries (India) Private Limited (KIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 1994 and has a history of 31 years. Its registered office is in Dadra & Nagar Haveli, Dadra & Nagar Haveli, 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.
Dilip Kolhe, Rama Krishnan, Rinku Appalwar, and Four other members serve as directors at the Company.
Company Details
- Location
Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
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 |
| Dilip Kolhe | Director | 30-Dec-2017 | Current |
| Rama Krishnan | Director | 17-Mar-2015 | Current |
| Maithili Appalwar | Director | 06-Jul-2019 | Current |
Financial Performance 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
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 AssociationRinku Appalwar is a mutual person
Harvel Agua India Private LimitedKamal Oswal is a mutual person
- Harvel Irrigations Private Limited
Kamal Oswal is a mutual person
Emmbi Industries LimitedRama Krishnan, Rinku Appalwar and 1 more are mutual person
- Maithili Agrotech Private Limited
Rinku Appalwar and Makrand Moreshwar are mutual person
- Emmbi Laboratories Private Limited
Rinku Appalwar and Makrand Moreshwar are mutual person
Charges (Loans)
₹63.60 Cr
₹17.79 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 41.10 Cr
- Axis Bank Ltd. : 17.00 Cr
- Others : 5.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Axis Bank Limited | ₹10.00 Cr | Open |
| 24 Jan 2024 | Axis Bank Limited | ₹20.00 Cr | Open |
| 25 Oct 2023 | Axis Bank Limited | ₹4.95 Cr | Open |
| 25 Aug 2023 | Axis Bank Limited | ₹4.95 Cr | Open |
| 26 Oct 2021 | Axis Bank Limited | ₹1.20 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.
