Konel Corporation Private Limited

Manufactures and supplies material handling equipment, exports to various countries.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated: December 16, 2024

Konel Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.95 M
  • Company Age 63 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.50 Cr
  • Revenue Growth -30.79%
  • Profit Growth 247.91%
  • Ebitda 1813.00%
  • Net Worth 27.44%
  • Total Assets 17.92%

About Konel Corporation

Konel Corporation Private Limited (KCPL) was founded in India on 23 October 1961 and has a glorious history of 63 years and three months.Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.95 M.

The company has closed loans amounting to ₹9.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shakuntala Agrawal, Himanshu Shah, and Jhanvi Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1961PTC012167

  • Company No.

    012167

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1961

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Konel Corporation Private Limited offer?

Konel Corporation Private Limited offers a wide range of products and services, including Conveyors, Belt Conveyors, Material Handling Conveyors, Automatic Gate, Automatic Sliding Gate, Chain Conveyors, Slat Conveyor, Screw Conveyors, Industrial Hopper, Hopper Bin.

Who are the key members and board of directors at Konel Corporation?

Board Members (3)

Name Designation Appointment Date Status
Shakuntala Agrawal Country flag representing In Additional Director 19-Apr-2019 Current
Himanshu Shah Country flag representing In Director 29-Jan-2001 Current
Jhanvi Shah Country flag representing In Additional Director 01-Apr-2023 Current

Financial Performance of Konel Corporation.

Konel Corporation Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.79% decrease. The company also saw a substantial improvement in profitability, with a 247.91% increase in profit. The company's net worth Soared by an impressive increase of 27.44%.

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
-30.79%
Revenue from Operations
-33.01%
Total Assets
17.92%
Profit or Loss
247.91%
Net Worth
27.44%
EBITDA
1813.00%

What is the Ownership and Shareholding Structure of Konel Corporation?

In 2021, Konel Corporation 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

Satisfied Charges

₹94.98 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 9.50 Cr

Latest Charge Details

Date Lender Amount Status
09 May 2000 Union Bank Of India ₹8.00 M Satisfied
09 May 2000 Union Bank Of India ₹6.00 M Satisfied
15 Oct 1999 Union Bank Of India ₹1.57 Cr Satisfied
30 Mar 1999 Union Bank Of India ₹6.50 M Satisfied
11 Jul 1994 Union Bank Of India ₹1.45 Cr Satisfied

How Many Employees Work at Konel Corporation?

Konel Corporation has a workforce of 1 employees as of Apr 07, 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 Konel Corporation, 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 Konel Corporation'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 Konel Corporation

Recent activity within the organization

  • Annual General Meeting

    Konel Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Konel Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jhanvi Mahendra Shah was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Director Appointment

    Shakuntala Ghanashyam Agrawal was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2019 & has been associated with this company since 5 years 9 months .

    19 Apr 2019

  • Charges

    A charge registered on 09 May 2000 via Charge ID 80008776 with Union Bank Of India was fully satisfied on 24 Jul 2006.

    24 Jul 2006

  • Charges

    A charge registered on 09 May 2000 via Charge ID 80008779 with Union Bank Of India was fully satisfied on 24 Jul 2006.

    24 Jul 2006

Frequently asked questions

  • Konel Corporation Private Limited was incorporated on 23 Oct 1961.

  • The authorized share capital of Konel Corporation Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.95 M.

  • Currently 3 directors are associated with Konel Corporation Private Limited.

    • Shakuntala Ghanashyam Agrawal
    • Himanshu Mahendra Shah
    • Jhanvi Mahendra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Konel Corporation Private Limited is Plot No.90 Abcd Govt. Indl Estate, Kandivali-West India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Konel Corporation Private Limited is U74210MH1961PTC012167 and the company number is 012167 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Konel Corporation Private Limited is https://www.konel.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Konel Corporation Private Limited has fallen by -30.79%.

  • As Per 2021 financial reports, 1 employees are currently employed by Konel Corporation Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Konel Corporation Private Limited has experienced an upsurge of 27.44%.

  • The most recent Balance Sheet for Konel Corporation Private Limited was filed with the ROC on 31 Mar 2024.

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