Kottex Industries Private Limited

Manufactures linen fabric for clothing and home furnishings with a capacity of 180 million meters per year.

2007 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Kottex Industries Profile

Key Indicators

  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 6.76 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 76.06 Cr
  • Satisfied Charges ₹ 246.45 Cr
  • Revenue Growth 14.76%
  • Profit Growth 1664.64%
  • Ebitda 11.03%
  • Net Worth 8.41%
  • Total Assets -5.81%

About Kottex Industries

Kottex Industries Private Limited (KIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 2007 and has a history of 17 years and eight months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Raghav Karan Textile Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 9.50 Cr and a paid-up capital of Rs 6.76 Cr.

The company currently has active open charges totaling ₹76.06 Cr. The company has closed loans amounting to ₹246.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Mittal, Sanjaykumar Mittal, and Paresh Chaudhary serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kottex.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2007PTC051007

  • Company No.

    051007

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Kottex Industries Private Limited offer?

Kottex Industries Private Limited offers a wide range of products and services, including Home Decor Fabric, Home Decor & Furnishing Fabrics, Suiting and Shirting Fabric, Cotton Shirting Fabric, Natural Fabric, Linen Fabrics, Linen Shirting Fabric, Apparel Fabrics & Clothing Textiles, Cushion Fabric, Fabric.

Who are the key members and board of directors at Kottex Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Yogesh Mittal Country flag representing In Whole-Time Director 01-Jun-2007Current
Sanjaykumar Mittal Country flag representing In Whole-Time Director 01-Jun-2007Current
Paresh Chaudhary Country flag representing In Director 01-Aug-2019Current

Financial Performance of Kottex Industries.

Kottex Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.76% increase. The company also saw a substantial improvement in profitability, with a 1664.64% increase in profit. The company's net worth moved up by a moderate rise of 8.41%.

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
14.76%
Revenue from Operations
14.70%
Total Assets
-5.81%
Profit or Loss
1664.64%
Net Worth
8.41%
EBITDA
11.03%

What is the Ownership and Shareholding Structure of Kottex Industries?

In 2023, Kottex Industries had a promoter holding of 6.77% and a public holding of 93.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹76.06 Cr

Satisfied Charges

₹246.45 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 63.81 Cr
  • Others : 12.16 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2024Standard Chartered Bank₹7.13 CrOpen
08 Feb 2024Others₹0.89 MOpen
16 Jan 2023Hdfc Bank Limited₹0.91 MOpen
02 Aug 2022Others₹3.51 CrOpen
02 Jun 2022Standard Chartered Bank₹5.41 CrOpen

How Many Employees Work at Kottex Industries?

Kottex Industries has a workforce of 452 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kottex 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 Kottex Industries'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 Kottex Industries

Recent activity within the organization

  • Annual General Meeting

    Kottex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 06 Jan 2018 via Charge ID 100152530 with Others was fully satisfied on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge registered on 10 Jul 2019 via Charge ID 100278784 with Others was fully satisfied on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 7.13 Cr with Charge ID 100942760 was registered on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 48.28 Cr registered on 01 Jun 2022 with Charge ID 100581153 was modified on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 3.00 Cr registered on 26 May 2022 with Charge ID 100580327 was modified on 11 Jun 2024.

    11 Jun 2024

Frequently asked questions

  • Kottex Industries Private Limited was incorporated on 01 Jun 2007.

  • The authorized share capital of Kottex Industries Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 6.76 Cr.

  • Currently 3 directors are associated with Kottex Industries Private Limited.

    • Yogesh Mittal
    • Sanjaykumar Babulal Mittal
    • Paresh Chaudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kottex Industries Private Limited is A/22-23 Eco Textile Park N. H. No. 8, India, Palsana, Gujarat, 394315.

  • The corporate identification number (CIN) of Kottex Industries Private Limited is U17120GJ2007PTC051007 and the company number is 051007 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kottex Industries Private Limited is https://www.kottex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kottex Industries Private Limited has risen by 14.76%.

  • As Per 2023 financial reports, 452 employees are currently employed by Kottex Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kottex Industries Private Limited has experienced an upsurge of 8.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kottex Industries Private Limited amount to ₹ 76.06 Cr.

  • The most recent Balance Sheet for Kottex Industries Private Limited was filed with the ROC on 31 Mar 2024.

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