Kothari Knitting Mills P Ltd

Manufacturer and exporter of knitted and crocheted fabric, hosiery, and readymade garments.

1976 | Kolkata, West Bengal (India) | Active
Last Updated: June 17, 2024

Kothari Knitting Mills P Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 48 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.36 Cr
  • Satisfied Charges ₹ 27.00 Cr
  • Revenue Growth -7.71%
  • Profit Growth -227.68%
  • Ebitda -321.51%
  • Net Worth -36.51%
  • Total Assets -12.22%

About Kothari Knitting Mills P

Kothari Knitting Mills P Ltd (KKMPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 1976 and has a history of 48 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹23.36 Cr. The company has closed loans amounting to ₹27.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bithal Kothari, Krishna Kothari, and Keshav Kothari serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109WB1976PTC030581

  • Company No.

    030581

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1976

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Kothari Knitting Mills P?

Board Members (3)

Name Designation Appointment Date Status
Bithal Kothari Country flag representing In Director 14-Jun-1976 Current
Krishna Kothari Country flag representing In Director 19-Jun-2017 Current
Keshav Kothari Country flag representing In Director 19-Jun-2017 Current

Financial Performance of Kothari Knitting Mills P.

Kothari Knitting Mills P Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.71% decrease. The company also saw a substantial fall in profitability, with a 227.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.51%.

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
-7.71%
Revenue from Operations
-7.65%
Total Assets
-12.22%
Profit or Loss
-227.68%
Net Worth
-36.51%
EBITDA
-321.51%

What is the Ownership and Shareholding Structure of Kothari Knitting Mills P?

In 2023, Kothari Knitting Mills P 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

₹233.62 M

Satisfied Charges

₹270.00 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 23.36 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2009 Uco Bank ₹14.06 Cr Open
11 Jun 2008 Uco Bank ₹9.30 Cr Open
07 Jun 2011 Citibank N.A ₹27.00 Cr Satisfied

How Many Employees Work at Kothari Knitting Mills P?

Kothari Knitting Mills P has a workforce of 121 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kothari Knitting Mills P, 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 Kothari Knitting Mills P'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 Kothari Knitting Mills P

Recent activity within the organization

  • Annual General Meeting

    Kothari Knitting Mills P Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Kothari Knitting Mills P Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 07 Jun 2011 via Charge ID 10298464 with Citibank N.A was fully satisfied on 06 Dec 2019.

    06 Dec 2019

  • Director Appointment

    Krishna Kumar Kothari was appointed as a Director was appointed as a Director on 19 Jun 2017 & has been associated with this company since 7 years 7 months .

    19 Jun 2017

  • Director Appointment

    Keshav Kumar Kothari was appointed as a Director was appointed as a Director on 19 Jun 2017 & has been associated with this company since 7 years 7 months .

    19 Jun 2017

  • Charges

    A charge with Citibank N.A of Rs. 270.00 M registered on 07 Jun 2011 with Charge ID 10298464 was modified on 07 May 2013.

    07 May 2013

Frequently asked questions

  • Kothari Knitting Mills P Ltd was incorporated on 14 Jun 1976.

  • The authorized share capital of Kothari Knitting Mills P Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Kothari Knitting Mills P Ltd.

    • Bithal Das Kothari
    • Krishna Kumar Kothari
    • Keshav Kumar Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kothari Knitting Mills P Ltd is 29 Strand Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Kothari Knitting Mills P Ltd is U18109WB1976PTC030581 and the company number is 030581 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kothari Knitting Mills P Ltd has fallen by -7.71%.

  • As Per 2023 financial reports, 121 employees are currently employed by Kothari Knitting Mills P Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kothari Knitting Mills P Ltd has experienced an downturn of -36.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kothari Knitting Mills P Ltd amount to ₹ 23.36 Cr.

  • The most recent Balance Sheet for Kothari Knitting Mills P Ltd was filed with the ROC on 31 Mar 2023.

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