Kovai Racks India Private Limited logo

Kovai Racks India Private Limited

Manufactures and trades racks, cash counters, hostel cots, and other metal products.
2019 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

December 24, 2024
HomeCompanyKovai Racks India Private Limited

Who are the key members and board of directors at Kovai Racks India?

Board Members(4)

NameDesignationAppointment DateStatus
Ramu Sellam In Director 29-Apr-2019Current
Selvam Lakshmanan In Director 29-Jun-2020Current
Manimaran Sellam In Director 29-Jun-2020Current
Saravanakumar Sellam In Director 29-Apr-2019Current

Financial Performance of Kovai Racks India.

Kovai Racks India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.99% decrease. The company also saw a substantial improvement in profitability, with a 46.55% increase in profit. The company's net worth Soared by an impressive increase of 25.96%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.99%
Revenue from Operations
-6.99%
Total Assets
150.89%
Profit or Loss
46.55%
Net Worth
25.96%
EBITDA
-448.15%

Charges (Loans)

Open Charges

₹52.35 M

LenderAmountStatus

Others

Creation Date: 24 Nov 2023
₹7.35 MOpen

Others

Creation Date: 01 Feb 2023
₹4.50 CrOpen

How Many Employees Work at Kovai Racks India?

Kovai Racks India has a workforce of 34 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.

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Latest Updates, News, and FAQs on Kovai Racks India

Recent activity within the organization

  • Annual General Meeting

    Kovai Racks India 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 with Others of Rs. 45.00 M registered on 01 Feb 2023 with Charge ID 100685401 was modified on 25 Jun 2024.

    25 Jun 2024

  • Balance Sheet

    Kovai Racks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 7.35 M with Charge ID 100828618 was registered on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 45.00 M with Charge ID 100685401 was registered on 01 Feb 2023.

    01 Feb 2023

  • Director Appointment

    Selvam Lakshmanan was appointed as a Director was appointed as a Director on 29 Jun 2020 & has been associated with this company since 4 years 6 months .

    29 Jun 2020

Frequently asked questions

  • Kovai Racks India Private Limited was incorporated on 29 Apr 2019.

  • The authorized share capital of Kovai Racks India Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.40 M.

  • Currently 4 directors are associated with Kovai Racks India Private Limited.

    • Ramu Sellam
    • Selvam Lakshmanan
    • Manimaran Sellam
    • Saravanakumar Sellam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kovai Racks India Private Limited is D.No. 6/461 P.G.Pudur, Annur Taluk India, Coimbatore North, Tamil Nadu, 641107.

  • The corporate identification number (CIN) of Kovai Racks India Private Limited is U36998TZ2019PTC032057 and the company number is 032057 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kovai Racks India Private Limited is https://www.kovairacks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kovai Racks India Private Limited has fallen by -6.99%.

  • As Per 2023 financial reports, 34 employees are currently employed by Kovai Racks India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kovai Racks India Private Limited has experienced an upsurge of 25.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kovai Racks India Private Limited amount to ₹ 5.24 Cr.

  • The most recent Balance Sheet for Kovai Racks India Private Limited was filed with the ROC on 31 Mar 2024.

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