Kores (India) Limited

Manufactures office stationery and distributes automation products, real estate, pharma, and equipment.

1936 | Mumbai, Maharashtra (India) | Active
Last Updated:

Kores (India) Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 13.00 Cr
  • Company Age 88 Year, 10 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 ten 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

Education
Engineering
Information Technology
Pharma
Real Estate and Construction

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.

Company report

Kores (India) Limited

Explore comprehensive data for Kores (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kores (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Anand Thirani Country flag representing In Managing Director29-May-1981Current
Jaiprakash Agarwal CFO30-Aug-2021Current
Sanjay Rane Country flag representing In Company Secretary19-Mar-2019Current

Board Members (8)

NameDesignationAppointment DateStatus
Rajkumar Saboo Country flag representing In Whole-Time Director 01-Apr-2005Current
Jagdish Gupta Country flag representing In Director 17-Jul-2014Current
Rekha Thirani Country flag representing In Director 15-Nov-2016Current
Ajay Dhagat Country flag representing In Director 19-Mar-2019Current
Ashoke Banerjee Country flag representing In Director 14-Mar-2017Current
Vivek Bagri Country flag representing In Director 17-May-2013Current

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%.

Kores (India) revenue growth over time
Kores (India) 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
23.37%
Revenue from Operations
23.30%
Total Assets
-0.87%
Profit or Loss
63.96%
Net Worth
15.94%
EBITDA
16.22%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹757.36 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
13 Sep 2024Others₹1.65 MOpen
29 Jul 2024Others₹149.66 CrOpen
26 Jul 2024Others₹1.18 MOpen
05 Jun 2024Axis Bank Limited₹51.00 CrOpen
30 Apr 2024Others₹2.49 CrOpen

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.

Employee growth trends for Kores (India) Limited

Deals i

Graph showing company valuation over time

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

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 Kores (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100978325 was registered on 13 Sep 2024.

  • Director Appointment

    Neha Thirani Bagri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Aug 2024 & has been associated with this company since 7 months 16 days .

  • Annual General Meeting

    Kores (India) Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 149.66 Cr with Charge ID 100955944 was registered on 29 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100955475 was registered on 26 Jul 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 51.00 Cr with Charge ID 100941178 was registered on 05 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Kores (India) Limited?

    Kores (India) Limited was incorporated on 26 May 1936.

  • What is authorized share capital and paid-up capital of Kores (India) Limited?

    The authorized share capital of Kores (India) Limited is ₹ 17.50 Cr and paid-up capital is ₹ 13.00 Cr.

  • Who are the current board members & directors of Kores (India) Limited?

    Currently 11 directors are associated with Kores (India) Limited.

    • Rajkumar Hanumanprasad Saboo
    • Jagdish Prasad Gupta
    • Rekha Anand Thirani
    • Anand Kumar Thirani
    • Ajay Kumar Dhagat
    • Ashoke Banerjee
    • Vivek Prakash Bagri
    • Nandini Sameer Mehta
    • Neha Thirani Bagri
    • Jaiprakash Murarilal Agarwal
    • Sanjay Chandrasen Rane

  • What is the registered address of Kores (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kores (India) Limited is 301/302 Ashford Chambers Lady Jamshedji Road, Mahim (West) India, Mumbai, Maharashtra, 400016.

  • What is the corporate identification number (CIN) and company number of Kores (India) Limited?

    The corporate identification number (CIN) of Kores (India) Limited is U21198MH1936PLC002494 and the company number is 002494 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kores (India) Limited?

    The Official website of Kores (India) Limited is https://www.kores.in

  • What has been the recent revenue trend for Kores (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kores (India) Limited has risen by 23.37%.

  • How many employees does Kores (India) Limited currently have?

    As Per 2023 financial reports, 817 employees are currently employed by Kores (India) Limited.

  • What change has been observed in the net worth of Kores (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kores (India) Limited has experienced an upsurge of 15.94%.

  • What are the total open charges for Kores (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kores (India) Limited amount to ₹ 757.36 Cr.

  • When was the last Balance Sheet of Kores (India) Limited filed with the ROC?

    The most recent Balance Sheet for Kores (India) Limited was filed with the ROC on 31 Mar 2024.

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