Kothari Safe Deposits Limited

Safe deposit locker rental company with 6 vaults in Chennai, part of HCK Group.

1936 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 20, 2025

Kothari Safe Deposits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.73 M
  • Company Age 89 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 26.88%
  • Profit Growth 37.59%
  • Ebitda 43.87%
  • Net Worth 13.80%
  • Total Assets 12.41%

About Kothari Safe Deposits

Kothari Safe Deposits Limited (KSDL) was founded in India on 10 January 1936 and has a glorious history of 89 years . Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Services 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 1.00 Cr and a paid-up capital of Rs 6.73 M, as per Ministry of Corporate Affairs (MCA) records.

Peruvemba Balasubramaniam, Nina Kothari, Srinivasan Ramanathan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1936PLC001424

  • Company No.

    001424

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1936

  • Date of AGM

    26 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Services

What products or services does Kothari Safe Deposits Limited offer?

Kothari Safe Deposits Limited offers a wide range of products and services, including Storage Lockers, Safe Deposit Locker, Organic and Inorganic Solvents, Organic Chemicals, Food Processing Plants & Machinery, Sugarcane Juice Machine & Sugar Mill Machinery, Juices, Soups & Soft Drinks, Drinking Water, Organic Fertilizers and Manure, Vermicompost.

Who are the key members and board of directors at Kothari Safe Deposits?

Board Members (5)

NameDesignationAppointment DateStatus
Arjun Kothari Country flag representing In Director 06-May-2015Current
Peruvemba Balasubramaniam Country flag representing In Director 18-Sep-2002Current
Nina Kothari Country flag representing In Director 26-May-2014Current
Srinivasan Ramanathan Country flag representing In Director 23-Jan-2006Current
Nayantara Kothari Country flag representing In Director 06-May-2015Current

Financial Performance of Kothari Safe Deposits.

Kothari Safe Deposits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.88% increase. The company also saw a substantial improvement in profitability, with a 37.59% increase in profit. The company's net worth Soared by an impressive increase of 13.8%.

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
26.88%
Revenue from Operations
27.63%
Total Assets
12.41%
Profit or Loss
37.59%
Net Worth
13.80%
EBITDA
43.87%

What is the Ownership and Shareholding Structure of Kothari Safe Deposits?

In 2022, Kothari Safe Deposits had a promoter holding of 91.64% and a public holding of 8.36%. 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 Kothari Safe Deposits?

Kothari Safe Deposits has a workforce of 21 employees as of Apr 07, 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 Safe Deposits, 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 Safe Deposits'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 Safe Deposits

Recent activity within the organization

  • Annual General Meeting

    Kothari Safe Deposits Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.

    26 Jul 2024

  • Balance Sheet

    Kothari Safe Deposits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Nayantara Bhadrashyam Kothari was appointed as a Director was appointed as a Director on 06 May 2015 & has been associated with this company since 9 years 8 months .

    06 May 2015

  • Director Appointment

    Arjun Bhadrashyam Kothari was appointed as a Director was appointed as a Director on 06 May 2015 & has been associated with this company since 9 years 8 months .

    06 May 2015

  • Director Appointment

    Nina Bhadrashyam Kothari was appointed as a Director was appointed as a Director on 26 May 2014 & has been associated with this company since 10 years 8 months .

    26 May 2014

  • Director Appointment

    Srinivasan Ramanathan was appointed as a Director was appointed as a Director on 23 Jan 2006 & has been associated with this company since 19 years 8 days .

    23 Jan 2006

Recent News, Updates & Announcement

Frequently asked questions

  • Kothari Safe Deposits Limited was incorporated on 10 Jan 1936.

  • The authorized share capital of Kothari Safe Deposits Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.73 M.

  • Currently 5 directors are associated with Kothari Safe Deposits Limited.

    • Peruvemba Seetharamier Balasubramaniam
    • Nina Bhadrashyam Kothari
    • Srinivasan Ramanathan
    • Nayantara Bhadrashyam Kothari
    • Arjun Bhadrashyam Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kothari Safe Deposits Limited is Kothari Bldgs. 116 Nungambakkam High Road, Madras-34. India, Tamilnadu, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Kothari Safe Deposits Limited is U65921TN1936PLC001424 and the company number is 001424 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kothari Safe Deposits Limited is https://www.hckotharigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kothari Safe Deposits Limited has risen by 26.88%.

  • As Per 2023 financial reports, 21 employees are currently employed by Kothari Safe Deposits Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kothari Safe Deposits Limited has experienced an upsurge of 13.80%.

  • The most recent Balance Sheet for Kothari Safe Deposits Limited was filed with the ROC on 31 Mar 2024.

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