Kornerstone Devices Private Limited

Wholesale trading of medical and orthopedic goods, manufacturing medical equipment and devices.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Kornerstone Devices Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year,
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 34.17%
  • Profit Growth 225.24%
  • Ebitda 242.19%
  • Net Worth 89.82%
  • Total Assets 7.93%

About Kornerstone Devices

Kornerstone Devices Private Limited (KDPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 February 2017 (Eight years 0 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Healthcare 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 5.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shanthakumar Devakaran and Joseph Santosham serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kornerstonedevices.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33309TN2017PTC114950

  • Company No.

    114950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

Who are the key members and board of directors at Kornerstone Devices?

Board Members (2)

Name Designation Appointment Date Status
Shanthakumar Devakaran Country flag representing In Director 14-Feb-2017 Current
Joseph Santosham Country flag representing In Director 14-Feb-2017 Current

Financial Performance of Kornerstone Devices.

Kornerstone Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.17% increase. The company also saw a substantial improvement in profitability, with a 225.24% increase in profit. The company's net worth Soared by an impressive increase of 89.82%.

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
34.17%
Revenue from Operations
33.33%
Total Assets
7.93%
Profit or Loss
225.24%
Net Worth
89.82%
EBITDA
242.19%

What is the Ownership and Shareholding Structure of Kornerstone Devices?

In 2023, Kornerstone Devices had a promoter holding of 87.00% and a public holding of 13.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Kornerstone Devices?

Unlock and access historical data on people associated with Kornerstone Devices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kornerstone Devices, 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 Kornerstone Devices'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 Kornerstone Devices

Recent activity within the organization

  • Annual General Meeting

    Kornerstone Devices Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kornerstone Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Shanthakumar Devakaran was appointed as a Director was appointed as a Director on 14 Feb 2017 & has been associated with this company since 8 years .

    14 Feb 2017

  • Director Appointment

    Joseph Deepak Roy Santosham was appointed as a Director was appointed as a Director on 14 Feb 2017 & has been associated with this company since 8 years .

    14 Feb 2017

  • Company Incorporation

    Kornerstone Devices Private Limited was registered on 14 Feb 2017 with Roc Chennai & aged 8 years as per MCA records.

    14 Feb 2017

Frequently asked questions

  • Kornerstone Devices Private Limited was incorporated on 14 Feb 2017.

  • The authorized share capital of Kornerstone Devices Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Kornerstone Devices Private Limited.

    • Shanthakumar Devakaran
    • Joseph Deepak Roy Santosham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kornerstone Devices Private Limited is First Floor Hig A1/913 First Main Road Mogappair Eri Scheme, Chennai, Tamil Nadu, India, 600037.

  • The corporate identification number (CIN) of Kornerstone Devices Private Limited is U33309TN2017PTC114950 and the company number is 114950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kornerstone Devices Private Limited is https://www.kornerstonedevices.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kornerstone Devices Private Limited has risen by 34.17%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kornerstone Devices Private Limited has experienced an upsurge of 89.82%.

  • The most recent Balance Sheet for Kornerstone Devices Private Limited was filed with the ROC on 31 Mar 2023.