Konark Projects Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 26 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 243.08 Cr
- Satisfied Charges ₹ 79.59 Cr
- Revenue Growth 36.69%
- Profit Growth -73.11%
- Ebitda -60.24%
- Net Worth 3.96%
- Total Assets -8.71%
About Konark Projects
Konark Projects Limited (KPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 1998 and has a history of 26 years and three months. Its registered office is in Ulhasnagar, Maharashtra.
The Corporate was formerly known as Konark Projects Private Limited. The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹243.08 Cr. The company has closed loans amounting to ₹79.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Khairari, Ramkishore Khairari, Subhash Khairari, and Three other members serve as directors at the Company.
Company Details
- Location Ulhasnagar, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67100MH1998PLC117349
- Company No.
117349
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Dec 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Konark Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Khairari  | Managing Director | 04-Dec-1998 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramkishore Khairari | Director | 10-Apr-1999 | Current |
| Subhash Khairari | Director | 10-Apr-1999 | Current |
| Niraj Sharma | Director | 30-Mar-2015 | Current |
| Manoj Lalpuria | Director | 30-Mar-2015 | Current |
| Manisha Agarwal | Director | 15-Jun-2017 | Current |
Financial Performance of Konark Projects.
Konark Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.69% increase. The company also saw a substantial fall in profitability, with a 73.11% decrease in profit. The company's net worth moved up by a moderate rise of 3.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Konark Projects?
In 2023, Konark Projects had a promoter holding of 95.90% and a public holding of 4.10%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Regency Nirman LimitedMahesh Khairari, Ramkishore Khairari and 4 more are mutual person
Konark Water Infraprojects Private LimitedMahesh Khairari is a mutual person
Konark Infrastructure LimitedMahesh Khairari and Subhash Khairari are mutual person
Konark Enviro Project Private LimitedMahesh Khairari is a mutual person
Sahakar Global Jv LlpMahesh Khairari is a mutual person
Konark Petro Products (India) Private LimitedMahesh Khairari and Ramkishore Khairari are mutual person
Charges (Loans)
Open Charges
₹243.08 Cr
Satisfied Charges
₹79.59 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 125.00 Cr
- Hdfc Bank Limited : 71.97 Cr
- Others : 46.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2024 | Axis Bank Limited | ₹125.00 Cr | Open |
| 31 Mar 2022 | Others | ₹3.59 M | Open |
| 15 May 2021 | Others | ₹4.00 M | Open |
| 25 Feb 2019 | Hdfc Bank Limited | ₹2.27 Cr | Open |
| 25 Feb 2019 | Hdfc Bank Limited | ₹22.70 Cr | Open |
How Many Employees Work at Konark Projects?
Unlock and access historical data on people associated with Konark Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Konark Projects, 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 Konark Projects'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.
Latest Updates, News, and FAQs on Konark Projects
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 125.00 Cr with Charge ID 100981823 was registered on 07 Sep 2024.
- Charges
A charge with Others of Rs. 45.35 Cr registered on 05 Oct 2018 with Charge ID 100212397 was modified on 03 Jun 2024.
- Charges
A charge registered on 16 Dec 2017 via Charge ID 100141975 with Axis Bank Limited was fully satisfied on 29 May 2024.
- Annual General Meeting
Konark Projects Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 04 Mar 2017 via Charge ID 100104938 with Others was fully satisfied on 03 May 2023.
- Charges
A charge registered on 27 Mar 2008 via Charge ID 10103179 with The Kalyan Janata Sahakari Bank Ltd was fully satisfied on 02 May 2023.
Frequently asked questions
What is the Incorporation or founding date of Konark Projects Limited?
Konark Projects Limited was incorporated on 04 Dec 1998.
What is authorized share capital and paid-up capital of Konark Projects Limited?
The authorized share capital of Konark Projects Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Konark Projects Limited?
Currently 6 directors are associated with Konark Projects Limited.
- Mahesh Satyanarayan Khairari
- Ramkishore Satyanarain Khairari
- Subhash Satyanarayan Khairari
- Niraj Ramakant Sharma
- Manoj Ramawtar Lalpuria
- Manisha Akash Agarwal
What is the registered address of Konark Projects Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Konark Projects Limited is Regency House Plot No 49 Sheet 1 Opp Vishnu Darshan, Aman Talkies Road India, Ulhasnagar, Maharashtra, 421003.
What is the corporate identification number (CIN) and company number of Konark Projects Limited?
The corporate identification number (CIN) of Konark Projects Limited is U67100MH1998PLC117349 and the company number is 117349 as per Ministry of Corporate Affairs (MCA).
What is the official website of Konark Projects Limited?
The Official website of Konark Projects Limited is https://www.konarkindia.com
What has been the recent revenue trend for Konark Projects Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Konark Projects Limited has risen by 36.69%.
What change has been observed in the net worth of Konark Projects Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Konark Projects Limited has experienced an upsurge of 3.96%.
What are the total open charges for Konark Projects Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Konark Projects Limited amount to ₹ 243.08 Cr.
When was the last Balance Sheet of Konark Projects Limited filed with the ROC?
The most recent Balance Sheet for Konark Projects Limited was filed with the ROC on 31 Mar 2023.