Kites Engineering Solutions Private Limited

Manufactures, repairs, and maintains custom oilfield equipment, offers threading, welding, and logistics services for drilling and fishing companies.

2005 | Thane, Maharashtra (India) | Active
Last Updated: January 28, 2025

Kites Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.06 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.29 Cr
  • Revenue Growth 238.63%
  • Profit Growth 846.78%
  • Ebitda 10.12%
  • Net Worth 33.02%
  • Total Assets 71.17%

About Kites Engineering Solutions

Kites Engineering Solutions Private Limited (KESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 November 2005 and has a history of 19 years and two months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Kites Properties Private Limited. The Company is engaged in the Energy And Power 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 4.00 Cr and a paid-up capital of Rs 2.06 M.

The company currently has active open charges totaling ₹10.29 Cr.

Ajith Venugopal, Kunimal Venugopal, Sajith Venugopal, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2005PTC157442

  • Company No.

    157442

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Kites Engineering Solutions?

Board Members (4)

Name Designation Appointment Date Status
Ajith Venugopal Country flag representing In Director 21-Nov-2005 Current
Kunimal Venugopal Country flag representing In Director 21-Nov-2005 Current
Sajith Venugopal Country flag representing In Director 14-Oct-2008 Current
Silpa Venugopal Country flag representing In Director 18-Feb-2014 Current

Financial Performance of Kites Engineering Solutions.

Kites Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 238.63% increase. The company also saw a substantial improvement in profitability, with a 846.78% increase in profit. The company's net worth Soared by an impressive increase of 33.02%.

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
238.63%
Revenue from Operations
224.73%
Total Assets
71.17%
Profit or Loss
846.78%
Net Worth
33.02%
EBITDA
10.12%

What is the Ownership and Shareholding Structure of Kites Engineering Solutions?

Unlock access to Kites Engineering Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.29 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.20 Cr
  • Standard Chartered Bank : 1.09 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2023 Others ₹9.20 Cr Open
23 Dec 2021 Standard Chartered Bank ₹3.66 M Open
04 Sep 2020 Standard Chartered Bank ₹7.29 M Open

How Many Employees Work at Kites Engineering Solutions?

Unlock and access historical data on people associated with Kites Engineering Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kites Engineering Solutions, 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 Kites Engineering Solutions'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 Kites Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

    Kites Engineering Solutions 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 amounted to Rs. 9.20 Cr with Charge ID 100731121 was registered on 19 Jun 2023.

    19 Jun 2023

  • Balance Sheet

    Kites Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.37 Cr with Charge ID 100523532 was registered on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.73 Cr with Charge ID 100373004 was registered on 04 Sep 2020.

    04 Sep 2020

  • Director Appointment

    Silpa Ajith Venugopal was appointed as a Director was appointed as a Director on 18 Feb 2014 & has been associated with this company since 10 years 11 months .

    18 Feb 2014

Frequently asked questions

  • Kites Engineering Solutions Private Limited was incorporated on 14 Nov 2005.

  • The authorized share capital of Kites Engineering Solutions Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.06 M.

  • Currently 4 directors are associated with Kites Engineering Solutions Private Limited.

    • Ajith Kunimal Venugopal
    • Kunimal Parangattil Venugopal
    • Sajith Kunimal Venugopal
    • Silpa Ajith Venugopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kites Engineering Solutions Private Limited is 12 The Affaires Plot No. 9 Sector 7, Sanpada India, Navi Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Kites Engineering Solutions Private Limited is U74999MH2005PTC157442 and the company number is 157442 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kites Engineering Solutions Private Limited is https://www.kiteseng.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kites Engineering Solutions Private Limited has risen by 238.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kites Engineering Solutions Private Limited has experienced an upsurge of 33.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kites Engineering Solutions Private Limited amount to ₹ 10.29 Cr.

  • The most recent Balance Sheet for Kites Engineering Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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