Krc Innovative Tools Private Limited

Manufactures air guns, coolant pipes, valves, plugs, couplers, hammers, and mallets.

2008 | Rajkot, Gujarat (India) | Active
Last Updated: December 27, 2024

Krc Innovative Tools Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.33 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -4.87%
  • Profit Growth 500.84%
  • Ebitda 142.00%
  • Net Worth 20.75%
  • Total Assets 4.51%

About Krc Innovative Tools

Krc Innovative Tools Private Limited (KITPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2008 and has a history of 16 years and six months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.33 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeshkumar Vamja and Ravi Vamja serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    krctools.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29220GJ2008PTC054750

  • Company No.

    054750

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Krc Innovative Tools Private Limited offer?

Krc Innovative Tools Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Industrial Coupler, Pliers, Screwdrivers & Hammers, Soft Hammer & Mallets, Door & Window, Hinges & Fittings, Door Closer, Industrial & Engineering Goods, Couplings, Non Sparking Tools, PVC, FRP, HDPE & Other Plastic Pipes.

Who are the key members and board of directors at Krc Innovative Tools?

Board Members (2)

Name Designation Appointment Date Status
Ravi Vamja Country flag representing In Director 11-Aug-2008 Current
Rajeshkumar Vamja Country flag representing In Director 11-Aug-2008 Current

Financial Performance of Krc Innovative Tools.

Krc Innovative Tools Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.87% decrease. The company also saw a substantial improvement in profitability, with a 500.84% increase in profit. The company's net worth Soared by an impressive increase of 20.75%.

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
-4.87%
Revenue from Operations
-9.92%
Total Assets
4.51%
Profit or Loss
500.84%
Net Worth
20.75%
EBITDA
142.00%

What is the Ownership and Shareholding Structure of Krc Innovative Tools?

In 2021, Krc Innovative Tools had a promoter holding of 70.77% and a public holding of 29.23%. 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 Krc Innovative Tools?

Unlock and access historical data on people associated with Krc Innovative Tools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Krc Innovative Tools, 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 Krc Innovative Tools'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 Krc Innovative Tools

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Krc Innovative Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Rajeshkumar Chhaganlal Vamja was appointed as a Director was appointed as a Director on 11 Aug 2008 & has been associated with this company since 16 years 6 months .

    11 Aug 2008

  • Director Appointment

    Ravi Sureshbhai Vamja was appointed as a Director was appointed as a Director on 11 Aug 2008 & has been associated with this company since 16 years 6 months .

    11 Aug 2008

  • Company Incorporation

    Krc Innovative Tools Private Limited was registered on 11 Aug 2008 with Roc Ahmedabad & aged 16 years 6 months as per MCA records.

    11 Aug 2008

Frequently asked questions

  • Krc Innovative Tools Private Limited was incorporated on 11 Aug 2008.

  • The authorized share capital of Krc Innovative Tools Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.33 M.

  • Currently 2 directors are associated with Krc Innovative Tools Private Limited.

    • Rajeshkumar Chhaganlal Vamja
    • Ravi Sureshbhai Vamja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Krc Innovative Tools Private Limited is Virani Aghat Plot No.304 80 Foot Road Dhebar Road (South) Opp. Octroi Naka, India, Rajkot, Gujarat, 360002.

  • The corporate identification number (CIN) of Krc Innovative Tools Private Limited is U29220GJ2008PTC054750 and the company number is 054750 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Krc Innovative Tools Private Limited is https://www.krctools.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Krc Innovative Tools Private Limited has fallen by -4.87%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Krc Innovative Tools Private Limited has experienced an upsurge of 20.75%.

  • The most recent Balance Sheet for Krc Innovative Tools Private Limited was filed with the ROC on 31 Mar 2024.

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