Knitwell India Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.98 M
- Company Age 45 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.27 Cr
- Satisfied Charges ₹ 33.55 Cr
- Revenue Growth 22.53%
- Profit Growth 155.75%
- Ebitda 25.29%
- Net Worth 10.21%
- Total Assets -0.20%
About Knitwell India
Knitwell India Private Limited (KIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1979 and has a history of 45 years and seven months. Its registered office is in Chandigarh, Chandigarh, India.
The Company is engaged in the Automotive 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 0.98 M.
The company currently has active open charges totaling ₹12.27 Cr. The company has closed loans amounting to ₹33.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupinder Mehta, Mrinalini Mehta, Nalin Mehta, and One other member serve as directors at the Company.
Company Details
-
Location
Chandigarh, Chandigarh, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U29269CH1979PTC003996
-
Company No.
003996
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
13 Jun 1979
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Knitwell India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupinder Mehta
|
Managing Director | 13-Jun-1979 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mrinalini Mehta
|
Director | 01-May-2009 | Current |
|
Nalin Mehta
|
Director | 18-May-2004 | Current |
|
Asha Mehta
|
Director | 18-Jun-1979 | Current |
Financial Performance of Knitwell India.
Knitwell India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.53% increase. The company also saw a substantial improvement in profitability, with a 155.75% increase in profit. The company's net worth Soared by an impressive increase of 10.21%.
- 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 Knitwell India?
In 2023, Knitwell 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.
Charges (Loans)
₹122.66 M
₹335.52 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 11.83 Cr
- Sidbi : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2019 | Sidbi | ₹4.37 M | Open |
| 09 Apr 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹11.70 Cr | Open |
| 09 Apr 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.25 M | Open |
| 13 Oct 2021 | Hdfc Bank Limited | ₹21.80 Cr | Satisfied |
| 29 May 2014 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Knitwell India?
Knitwell India has a workforce of 256 employees as of Apr 05, 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 Knitwell 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 Knitwell 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.