Kortas Industries Profile
Key Indicators
- Authorised Capital ₹ 15.80 Cr
- Paid Up Capital ₹ 15.80 Cr
- Company Age 4 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.16 Cr
- Satisfied Charges ₹ 4.00 Cr
- Revenue Growth 43.89%
- Profit Growth 18.01%
- Ebitda 24.06%
- Net Worth 7.97%
- Total Assets 6.55%
About Kortas Industries
Kortas Industries Private Limited (KIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 August 2020 (Four years and seven months 6 days old ). Its registered office is in Thiruvananthapuram, Kerala, India.
The Company is engaged in the Transport And Logistics 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 15.80 Cr and a paid-up capital of Rs 15.80 Cr.
The company currently has active open charges totaling ₹7.16 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kortas Industries Private Limited India are Babu Joseph as CFO and Venugopal Pillai as Ceo. Babu Joseph, Narayana Sarma, and Shahabudeen Mohammed serve as directors at the Company.
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29308KL2020PTC063612
- Company No.
063612
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 2020
- Date of AGM
19 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Transport and Logistics
Kortas Industries Private Limited
Explore comprehensive data for Kortas Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kortas Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Babu Joseph | CFO | 24-Aug-2024 | Current |
| Venugopal Pillai | CEO | 24-Aug-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Babu Joseph  | Whole-Time Director | 13-Aug-2020 | Current |
| Narayana Sarma | Director | 23-Aug-2024 | Current |
| Shahabudeen Mohammed | Director | 13-Aug-2020 | Current |
Financial Performance of Kortas Industries.
Kortas Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.89% increase. The company also saw a substantial improvement in profitability, with a 18.01% increase in profit. The company's net worth moved up by a moderate rise of 7.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kortas Industries?
In 2022, Kortas Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Alpha Design Technologies Private LimitedNarayana Sarma is a mutual person
Charges (Loans)
Open Charges
₹7.16 Cr
Satisfied Charges
₹4.00 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
- Sidbi : 1.61 Cr
- The South Indian Bank Limited : 0.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2024 | Others | ₹5.00 Cr | Open |
| 31 Jan 2024 | Sidbi | ₹1.61 Cr | Open |
| 04 Sep 2023 | The South Indian Bank Limited | ₹5.50 M | Open |
| 10 Dec 2020 | Others | ₹4.00 Cr | Satisfied |
How Many Employees Work at Kortas Industries?
Kortas Industries has a workforce of 80 employees as of Apr 06, 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 Kortas Industries, 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 Kortas Industries'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.
Latest Updates, News, and FAQs on Kortas Industries
Recent activity within the organization
- Annual General Meeting
Kortas Industries Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.
- Director Appointment
Babu Tom Joseph was appointed as a Cfo was appointed as a Cfo on 24 Aug 2024 & has been associated with this company since 6 months 26 days .
- Director Appointment
Venugopal Narayana Pillai was appointed as a Ceo was appointed as a Ceo on 24 Aug 2024 & has been associated with this company since 6 months 26 days .
- Director Appointment
Narayana Sarma Subramoniya Sarma was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 6 months 27 days .
- Balance Sheet
Kortas Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100899402 was registered on 16 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Kortas Industries Private Limited?
Kortas Industries Private Limited was incorporated on 13 Aug 2020.
What is authorized share capital and paid-up capital of Kortas Industries Private Limited?
The authorized share capital of Kortas Industries Private Limited is ₹ 15.80 Cr and paid-up capital is ₹ 15.80 Cr.
Who are the current board members & directors of Kortas Industries Private Limited?
Currently 5 directors are associated with Kortas Industries Private Limited.
- Babu Tom Joseph
- Narayana Sarma Subramoniya Sarma
- Babu Tom Joseph
- Venugopal Narayana Pillai
- Shahabudeen Mohammed
What is the registered address of Kortas Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kortas Industries Private Limited is No.80-B Industrial Development Area Veli, India, Thiruvananthapuram, Kerala, 695021.
What is the corporate identification number (CIN) and company number of Kortas Industries Private Limited?
The corporate identification number (CIN) of Kortas Industries Private Limited is U29308KL2020PTC063612 and the company number is 063612 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kortas Industries Private Limited?
The Official website of Kortas Industries Private Limited is https://www.kortasind.com
What has been the recent revenue trend for Kortas Industries Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Kortas Industries Private Limited has risen by 43.89%.
How many employees does Kortas Industries Private Limited currently have?
As Per 2022 financial reports, 80 employees are currently employed by Kortas Industries Private Limited.
What change has been observed in the net worth of Kortas Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Kortas Industries Private Limited has experienced an upsurge of 7.97%.
What are the total open charges for Kortas Industries Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Kortas Industries Private Limited amount to ₹ 7.16 Cr.
When was the last Balance Sheet of Kortas Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Kortas Industries Private Limited was filed with the ROC on 31 Mar 2024.
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