Kraftwares (India) Private Limited

Manufacturer and trader of stainless steel housewares, exporting globally under 'Vinod' brand.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Kraftwares (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 28.35 Cr
  • Revenue Growth -10.26%
  • Profit Growth -13.14%
  • Ebitda -63.42%
  • Net Worth 7.75%
  • Total Assets 3.61%

About Kraftwares (India)

Kraftwares (India) Private Limited (KIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 1986 and has a history of 39 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kraftwares (India) Limited. The Company is engaged in the Home & Lifestyle 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 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹28.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Agarwal, Rashmi Agarwal, and Raghav Agarwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kraftwares.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1986PTC038642

  • Company No.

    038642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Kraftwares (India) Private Limited offer?

Kraftwares (India) Private Limited offers a wide range of products and services, including Cookware and Cooking Utensils, Kitchen Bowl, Barware and Bar Accessories, Wine Accessories, Cocktail Sets, Cookware, Cooking Utensil, Stainless Steel Utensils & Cookware, Steel Cooking Utensils, Food Storage Boxes & Containers.

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

Board Members (3)

NameDesignationAppointment DateStatus
Anil Agarwal Country flag representing In Director 15-Jan-1986Current
Rashmi Agarwal Country flag representing In Director 27-Jan-2008Current
Raghav Agarwal Country flag representing In Director 12-Dec-2019Current

Financial Performance of Kraftwares (India).

Kraftwares (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.26% decrease. The company also saw a substantial fall in profitability, with a 13.14% decrease in profit. The company's net worth moved up by a moderate rise of 7.75%.

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
-10.26%
Revenue from Operations
-12.78%
Total Assets
3.61%
Profit or Loss
-13.14%
Net Worth
7.75%
EBITDA
-63.42%

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

In 2023, Kraftwares (India) 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

₹25.00 M

Satisfied Charges

₹283.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2007Canara Bank₹2.50 CrOpen
18 May 2013Yes Bank Limited₹6.00 CrSatisfied
23 Nov 2010Citi Bank N.A.₹10.00 CrSatisfied
22 Jul 2001Others₹10.50 CrSatisfied
28 Mar 1996Canara Bank₹1.70 CrSatisfied

How Many Employees Work at Kraftwares (India)?

Kraftwares (India) has a workforce of 48 employees as of Apr 04, 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 Kraftwares (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 Kraftwares (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 Kraftwares (India)

Recent activity within the organization

  • Annual General Meeting

    Kraftwares (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kraftwares (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 Canara Bank of Rs. 25.00 M registered on 18 Jan 2007 with Charge ID 10038543 was modified on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge registered on 18 May 2013 via Charge ID 10431863 with Yes Bank Limited was fully satisfied on 26 Sep 2022.

    26 Sep 2022

  • Charges

    A charge registered on 23 Nov 2010 via Charge ID 10255953 with Citi Bank N.A. was fully satisfied on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge registered on 22 Jul 2001 via Charge ID 90164153 with Others was fully satisfied on 20 Oct 2021.

    20 Oct 2021

Frequently asked questions

  • Kraftwares (India) Private Limited was incorporated on 15 Jan 1986.

  • The authorized share capital of Kraftwares (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Kraftwares (India) Private Limited.

    • Anil Rajeram Agarwal
    • Rashmi Anilkumar Agarwal
    • Raghav Anilkumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kraftwares (India) Private Limited is 57 Floor - 2 Evergreen Industrial Estate Dr. E Moses Road Shakti Mill Lane Jaco B Circle, India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Kraftwares (India) Private Limited is U28920MH1986PTC038642 and the company number is 038642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kraftwares (India) Private Limited is https://www.kraftwares.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kraftwares (India) Private Limited has fallen by -10.26%.

  • As Per 2023 financial reports, 48 employees are currently employed by Kraftwares (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kraftwares (India) Private Limited has experienced an upsurge of 7.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kraftwares (India) Private Limited amount to ₹ 2.50 Cr.

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

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