Kores (India) Profile
Key Indicators
- Authorised Capital ₹ 17.50 Cr
- Paid Up Capital ₹ 13.00 Cr
- Company Age 88 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 757.36 Cr
- Satisfied Charges ₹ 270.17 Cr
- Revenue Growth 23.37%
- Profit Growth 63.96%
- Ebitda 16.22%
- Net Worth 15.94%
- Total Assets -0.87%
About Kores (India)
Kores (India) Limited (KIL) was founded in India on 26 May 1936 and has a glorious history of 88 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kores (India) Private Limited. The Company is engaged in the Education 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 17.50 Cr and a paid-up capital of Rs 13.00 Cr.
The company currently has active open charges totaling ₹757.36 Cr. The company has closed loans amounting to ₹270.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kores (India) Limited India are Jaiprakash Agarwal as CFO and Sanjay Rane as Company Secretary. Rajkumar Saboo, Jagdish Gupta, Rekha Thirani, and Six other members 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
U21198MH1936PLC002494
- Company No.
002494
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 May 1936
- Date of AGM
22 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Kores (India) Limited offer?
Kores (India) Limited offers a wide range of products and services, including Paper & Paper Made Products, Kraft Paper, Measuring Equipments & Instruments, Money Counter, Pen, Pencil & Writing Supplies, Pencil Sharpeners, Adhesives, Glue and Sealants, Adhesive Gum, Presentation Boards & Accessories, Chalkboard.
Who are the key members and board of directors at Kores (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Thirani  | Managing Director | 29-May-1981 | Current |
| Jaiprakash Agarwal | CFO | 30-Aug-2021 | Current |
| Sanjay Rane | Company Secretary | 19-Mar-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajkumar Saboo | Whole-Time Director | 01-Apr-2005 | Current |
| Jagdish Gupta | Director | 17-Jul-2014 | Current |
| Rekha Thirani | Director | 15-Nov-2016 | Current |
| Ajay Dhagat | Director | 19-Mar-2019 | Current |
| Ashoke Banerjee | Director | 14-Mar-2017 | Current |
| Vivek Bagri | Director | 17-May-2013 | Current |
Financial Performance of Kores (India).
Kores (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.37% increase. The company also saw a substantial improvement in profitability, with a 63.96% increase in profit. The company's net worth Soared by an impressive increase of 15.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Kores (India)?
In 2023, Kores (India) had a promoter holding of 76.13% and a public holding of 23.86%. 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)
S & S Power Switchgear LimitedAjay Dhagat is a mutual person
Mpm Private LimitedAjay Dhagat is a mutual person
Jamshri Realty LimitedRekha Thirani is a mutual person
Livedarshan India Private LimitedVivek Bagri is a mutual person
Deccan Enterprises Private LimitedAjay Dhagat is a mutual person
Deccan Kuvag Composites Private LimitedAjay Dhagat is a mutual person
Charges (Loans)
₹757.36 Cr
₹270.17 Cr
Charges Breakdown by Lending Institutions
- Others : 546.71 Cr
- Axis Bank Limited : 121.55 Cr
- Tata Capital Financial Services Limited : 31.10 Cr
- Dena Bank : 23.87 Cr
- State Bank Of India : 15.13 Cr
- Others : 19.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2024 | Others | ₹1.65 M | Open |
| 29 Jul 2024 | Others | ₹149.66 Cr | Open |
| 26 Jul 2024 | Others | ₹1.18 M | Open |
| 05 Jun 2024 | Axis Bank Limited | ₹51.00 Cr | Open |
| 30 Apr 2024 | Others | ₹2.49 Cr | Open |
How Many Employees Work at Kores (India)?
Kores (India) has a workforce of 817 employees as of Mar 29, 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 Kores (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 Kores (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.
