Kraft Converters (India) Private Limited

Manufacturer of corrugated paper, paper boards, and containers since 1999 in Maharashtra.

1999 | W.E.F.01/04/2001., Maharashtra (India) | Active
Last Updated: November 16, 2024

Kraft Converters (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Satisfied Charges ₹ 1.22 Cr
  • Revenue Growth -27.57%
  • Profit Growth -3700.22%
  • Ebitda -55.91%
  • Net Worth -49.94%
  • Total Assets -20.38%

About Kraft Converters (India)

Kraft Converters (India) Private Limited (KCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 March 1999 and has a history of 25 years and ten months. Its registered office is in W.E.F.01/04/2001., Maharashtra.

The Company is engaged in the Packaging 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 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹1.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitendra Banka and Vimladevi Choudhary serve as directors at the Company.

Company Details

  • Location
    W.E.F.01/04/2001., Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28129MH1999PTC118882

  • Company No.

    118882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

Who are the key members and board of directors at Kraft Converters (India)?

Board Members (2)

Name Designation Appointment Date Status
Jitendra Banka Country flag representing In Director 12-Mar-1999 Current
Vimladevi Choudhary Country flag representing In Director 06-Jul-2005 Current

Financial Performance of Kraft Converters (India).

Kraft Converters (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.57% decrease. The company also saw a substantial fall in profitability, with a 3700.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.94%.

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
-27.57%
Revenue from Operations
-28.86%
Total Assets
-20.38%
Profit or Loss
-3700.22%
Net Worth
-49.94%
EBITDA
-55.91%

What is the Ownership and Shareholding Structure of Kraft Converters (India)?

In 2023, Kraft Converters (India) had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 M

Satisfied Charges

₹12.20 M

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2024 Others ₹7.50 M Open
20 Dec 2007 Bank Of Baroda ₹7.50 M Satisfied
24 Nov 1999 Maharashtra State Financial Corporation ₹4.70 M Satisfied

How Many Employees Work at Kraft Converters (India)?

Kraft Converters (India) has a workforce of 3 employees as of Mar 31, 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 Kraft Converters (India), 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 Kraft Converters (India)'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 Kraft Converters (India)

Recent activity within the organization

  • Annual General Meeting

    Kraft Converters (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 amounted to Rs. 7.50 M with Charge ID 100929850 was registered on 01 Jun 2024.

    01 Jun 2024

  • Charges

    A charge registered on 20 Dec 2007 via Charge ID 10091801 with Bank Of Baroda was fully satisfied on 29 May 2024.

    29 May 2024

  • Balance Sheet

    Kraft Converters (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 7.50 M with Charge ID 10091801 was registered on 20 Dec 2007.

    20 Dec 2007

  • Charges

    A charge registered on 24 Nov 1999 via Charge ID 80031488 with Maharashtra State Financial Corporation was fully satisfied on 30 Jun 2007.

    30 Jun 2007

Frequently asked questions

  • Kraft Converters (India) Private Limited was incorporated on 12 Mar 1999.

  • The authorized share capital of Kraft Converters (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Kraft Converters (India) Private Limited.

    • Jitendra Vishwanath Banka
    • Vimladevi Ramawtar Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kraft Converters (India) Private Limited is Plot No. 126 Phase Iv Stice Sinnar, Dist:Nashik 422103. India, W.E.F.01/04/2001., Maharashtra.

  • The corporate identification number (CIN) of Kraft Converters (India) Private Limited is U28129MH1999PTC118882 and the company number is 118882 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kraft Converters (India) Private Limited has fallen by -27.57%.

  • As Per 2023 financial reports, 3 employees are currently employed by Kraft Converters (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kraft Converters (India) Private Limited has experienced an downturn of -49.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kraft Converters (India) Private Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Kraft Converters (India) Private Limited was filed with the ROC on 31 Mar 2024.