Knitcon Solutions Private Limited

Manufactures and sells various machines and accessories for multiple industries.

2020 | Pune, Maharashtra (India) | Active
Last Updated: November 03, 2024

Knitcon Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 30.00 K
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.85 Cr
  • Revenue Growth 508.73%
  • Profit Growth 231.05%
  • Ebitda 299.87%
  • Net Worth 215.99%
  • Total Assets 365.43%

About Knitcon Solutions

Knitcon Solutions Private Limited (KSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 October 2020 (Four years and four months 5 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 30.00 K .

The company currently has active open charges totaling ₹1.85 Cr.

Nitesh Manekar, Nikhil Padole, and Kiran Deo serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308PN2020PTC194575

  • Company No.

    194575

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

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

Board Members (3)

Name Designation Appointment Date Status
Nitesh Manekar Country flag representing In Director 15-Jan-2021 Current
Kiran Deo Country flag representing In Director 04-Oct-2021 Current
Nikhil Padole Country flag representing In Director 19-May-2021 Current

Financial Performance of Knitcon Solutions.

Knitcon Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 508.73% increase. The company also saw a substantial improvement in profitability, with a 231.05% increase in profit. The company's net worth Soared by an impressive increase of 215.99%.

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
508.73%
Revenue from Operations
507.75%
Total Assets
365.43%
Profit or Loss
231.05%
Net Worth
215.99%
EBITDA
299.87%

What is the Ownership and Shareholding Structure of Knitcon Solutions?

Unlock access to Knitcon 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

₹18.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.10 Cr
  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2023 Hdfc Bank Limited ₹1.10 Cr Open
19 Jul 2022 Others ₹7.50 M Open

How Many Employees Work at Knitcon Solutions?

Knitcon Solutions has a workforce of 24 employees as of Apr 04, 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 Knitcon 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 Knitcon 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 Knitcon Solutions

Recent activity within the organization

  • Annual General Meeting

    Knitcon 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 Hdfc Bank Limited amounted to Rs. 11.00 M with Charge ID 100733179 was registered on 20 May 2023.

    20 May 2023

  • Charges

    A charge with Others of Rs. 7.50 M registered on 19 Jul 2022 with Charge ID 100606014 was modified on 05 Apr 2023.

    05 Apr 2023

  • Balance Sheet

    Knitcon Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100606014 was registered on 19 Jul 2022.

    19 Jul 2022

  • Director Appointment

    Kiran Ratnakar Deo was appointed as a Director was appointed as a Director on 04 Oct 2021 & has been associated with this company since 3 years 4 months .

    04 Oct 2021

Frequently asked questions

  • Knitcon Solutions Private Limited was incorporated on 03 Oct 2020.

  • The authorized share capital of Knitcon Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 30.00 K .

  • Currently 3 directors are associated with Knitcon Solutions Private Limited.

    • Nitesh Ramesh Manekar
    • Nikhil Dilip Padole
    • Kiran Ratnakar Deo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Knitcon Solutions Private Limited is Row House No.3 Sr.No. 16/4/1/1/2/1 18A 18B Balewadi India, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Knitcon Solutions Private Limited is U29308PN2020PTC194575 and the company number is 194575 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Knitcon Solutions Private Limited is https://www.knitcons.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Knitcon Solutions Private Limited has risen by 508.73%.

  • As Per 2023 financial reports, 24 employees are currently employed by Knitcon Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Knitcon Solutions Private Limited has experienced an upsurge of 215.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Knitcon Solutions Private Limited amount to ₹ 1.85 Cr.

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

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