Kone Elevator India Private Limited

Manufacturer and supplier of elevators and escalators, also providing maintenance and software services.

1984 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Kone Elevator India Profile

Key Indicators

  • Authorised Capital ₹ 92.76 Cr
  • Paid Up Capital ₹ 34.95 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.85 M
  • Satisfied Charges ₹ 30.52 Cr
  • Revenue Growth 20.93%
  • Profit Growth -17.74%
  • Ebitda 18.35%
  • Net Worth -3.36%
  • Total Assets 6.91%

About Kone Elevator India

Kone Elevator India Private Limited (KEIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 12 June 1984 and has a history of 40 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Beacon Kone Private Limited. The Company is engaged in the Information Technology 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 92.76 Cr and a paid-up capital of Rs 34.95 Cr.

The company currently has active open charges totaling ₹3.85 M. The company has closed loans amounting to ₹30.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kone Elevator India Private Limited India is Chittatoor Krishnakumar as COMPANY SECRETARY. Chittatoorveeravalli Seshadri, Amit Gossain, and Johannes Frande serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29141TN1984FTC010913

  • Company No.

    010913

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    12 Jun 1984

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Machinery and Equipment

What products or services does Kone Elevator India Private Limited offer?

Kone Elevator India Private Limited offers a wide range of products and services, including Elevators & Escalators, Goods Lift, Repair & Maintenance Services, Elevator Servicing, Biometrics & Access Control Devices, Card Readers, Cleaning Machines & Equipments, Floor Cleaning Machine, Cranes, Forklift & Lifting Machines, Hoist.

Who are the key members and board of directors at Kone Elevator India?

Executive Team (2)

Name Designation Appointment Date Status
Chittatoor Krishnakumar Country flag representing In Company Secretary Current
Amit Gossain Country flag representing Au Managing Director 15-Dec-2015 Current

Board Members (2)

Name Designation Appointment Date Status
Chittatoorveeravalli Seshadri Country flag representing In Company Secretary and Whole-Time Director 29-Aug-2013 Current
Johannes Frande Country flag representing Fi Director 26-May-2021 Current

Financial Performance of Kone Elevator India.

Kone Elevator India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.93% increase. The company also saw a substantial fall in profitability, with a 17.74% decrease in profit. The company's net worth dipped by a decrease of 3.36%.

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
20.93%
Revenue from Operations
24.92%
Total Assets
6.91%
Profit or Loss
-17.74%
Net Worth
-3.36%
EBITDA
18.35%

What is the Ownership and Shareholding Structure of Kone Elevator India?

In 2022, Kone Elevator 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.39 Cr

Satisfied Charges

₹30.52 Cr

Charges Breakdown by Lending Institutions

  • Finnish Fund For Industrial Development Cooperation Limited : 0.39 Cr

Latest Charge Details

Date Lender Amount Status
16 Jun 1986 Finnish Fund For Industrial Development Cooperation Limited ₹3.85 M Open
28 Feb 2000 Standard Chartered Bank ₹25.00 Cr Satisfied
28 Feb 2000 Standard Chartered Bank ₹3.00 Cr Satisfied
27 Mar 1987 Industrial Finance Corporation Of India ₹2.20 M Satisfied
09 Sep 1986 Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Kone Elevator India?

Kone Elevator India has a workforce of 7166 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kone Elevator 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 Kone Elevator India'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 Kone Elevator India

Recent activity within the organization

  • Annual General Meeting

    Kone Elevator India Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Kone Elevator India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Johannes Dan Otto Frande was appointed as a Director was appointed as a Director on 26 May 2021 & has been associated with this company since 3 years 8 months .

    26 May 2021

  • Director Appointment

    Amit Gossain was appointed as a Managing Director was appointed as a Managing Director on 15 Dec 2015 & has been associated with this company since 9 years 1 month .

    15 Dec 2015

  • Charges

    A charge registered on 28 Feb 2000 via Charge ID 90305286 with Standard Chartered Bank was fully satisfied on 27 May 2014.

    27 May 2014

  • Charges

    A charge registered on 28 Feb 2000 via Charge ID 90290226 with Standard Chartered Bank was fully satisfied on 27 May 2014.

    27 May 2014

Frequently asked questions

  • Kone Elevator India Private Limited was incorporated on 12 Jun 1984.

  • The authorized share capital of Kone Elevator India Private Limited is ₹ 92.76 Cr and paid-up capital is ₹ 34.95 Cr.

  • Currently 4 directors are associated with Kone Elevator India Private Limited.

    • Chittatoor Veeravalli Seshadri Krishnakumar
    • Chittatoorveeravalli Krishnakumar Seshadri
    • Amit Gossain
    • Johannes Dan Otto Frande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kone Elevator India Private Limited is Plot No : A28 Sipcot Industrial Park, Pillaipakkam Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India, 602105.

  • The corporate identification number (CIN) of Kone Elevator India Private Limited is U29141TN1984FTC010913 and the company number is 010913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kone Elevator India Private Limited is https://www.kone.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kone Elevator India Private Limited has risen by 20.93%.

  • As Per 2023 financial reports, 7166 employees are currently employed by Kone Elevator India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kone Elevator India Private Limited has experienced an downturn of -3.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kone Elevator India Private Limited amount to ₹ 3.85 M.

  • The most recent Balance Sheet for Kone Elevator India Private Limited was filed with the ROC on 31 Mar 2023.

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