Kross Limited

Manufacturer of auto components for tractors, trucks, and trailers since 1991 in Jamshedpur, India.

1991 | Seraikela-Kharsawan, Jharkhand (India) | Active
Last Updated: November 16, 2024

Kross Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 32.25 Cr
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 189.77 Cr
  • Satisfied Charges ₹ 151.96 Cr
  • Revenue Growth 27.00%
  • Profit Growth 45.10%
  • Ebitda 40.39%
  • Net Worth 43.78%
  • Total Assets 41.11%

About Kross

Kross Limited (KL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1991 and has a history of 33 years and nine months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.

The Corporate was formerly known as Kross Manufacturers (India) Private Limited. The Company is engaged in the Automotive 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 37.00 Cr and a paid-up capital of Rs 32.25 Cr.

The company currently has active open charges totaling ₹189.77 Cr. The company has closed loans amounting to ₹151.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kross Limited India are Kunal Rai as CFO and Debolina Karmakar as Company Secretary. Sanjiv Paul, Anita Rai, Sumeet Rai, and Five other members serve as directors at the Company.

Company Details

  • Location

    Seraikela-Kharsawan, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    krosslimited.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100JH1991PLC004465

  • Company No.

    004465

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1991

  • Date of AGM

    20 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Automotive

What products or services does Kross Limited offer?

Kross Limited offers a wide range of products and services, including Commercial Vehicle Spare Parts, Trailer Spare Parts.

Who are the key members and board of directors at Kross?

Executive Team (3)

NameDesignationAppointment DateStatus
Kunal Rai CFO10-Mar-2022Current
Debolina Karmakar Country flag representing In Company SecretaryCurrent
Sudhir Rai Country flag representing In Managing Director09-May-1991Current

Board Members (7)

NameDesignationAppointment DateStatus
Sanjiv Paul Country flag representing In Director Current
Kunal Rai Country flag representing In Whole-Time Director 08-Apr-2014Current
Anita Rai Country flag representing In Whole-Time Director 09-May-1991Current
Sumeet Rai Country flag representing In Whole-Time Director 01-Apr-2008Current
Gurvinder Ahuja Country flag representing In Director Current
Mukesh Agarwal Country flag representing In Director Current

Financial Performance of Kross.

Kross Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 27% increase. The company also saw a substantial improvement in profitability, with a 45.1% increase in profit. The company's net worth Soared by an impressive increase of 43.78%.

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
27.00%
Revenue from Operations
26.94%
Total Assets
41.11%
Profit or Loss
45.10%
Net Worth
43.78%
EBITDA
40.39%

What is the Ownership and Shareholding Structure of Kross?

In 2023, Kross 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

₹189.77 Cr

Satisfied Charges

₹151.96 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 103.05 Cr
  • Axis Bank Limited : 64.59 Cr
  • Others : 21.92 Cr
  • Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Bank Of India₹0.90 MOpen
07 Aug 2024Bank Of India₹1.15 MOpen
30 May 2024Hdfc Bank Limited₹0.60 MOpen
23 Feb 2024Hdfc Bank Limited₹0.60 MOpen
17 Feb 2024Axis Bank Limited₹0.50 MOpen

How Many Employees Work at Kross?

Kross has a workforce of 534 employees as of Aug 08, 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 Kross, 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 Kross'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 Kross

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 64.54 Cr registered on 29 Oct 2021 with Charge ID 100511327 was modified on 02 Nov 2024.

    02 Nov 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.09 Cr with Charge ID 100970171 was registered on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.11 Cr with Charge ID 100962091 was registered on 07 Aug 2024.

    07 Aug 2024

  • Annual General Meeting

    Kross Limited last Annual general meeting of members was held on 20 Jun 2024 as per latest MCA records.

    20 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100953806 was registered on 30 May 2024.

    30 May 2024

  • Charges

    A charge registered on 11 Feb 2021 via Charge ID 100434074 with Hdfc Bank Limited was fully satisfied on 15 May 2024.

    15 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Kross Limited was incorporated on 09 May 1991.

  • The authorized share capital of Kross Limited is ₹ 37.00 Cr and paid-up capital is ₹ 32.25 Cr.

  • Currently 10 directors are associated with Kross Limited.

    • Sanjiv Paul
    • Anita Rai
    • Sumeet Rai
    • Kunal Rai
    • Gurvinder Singh Ahuja
    • Mukesh Kumar Agarwal
    • Deepa Verma
    • Kunal Rai
    • Debolina Karmakar
    • Sudhir Rai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kross Limited is M-4 Phase-Vi Gamharia Adityapur Industrial Area, Jamshedpur India, Seraikella Kharsawan, Jharkhand, 832108.

  • The corporate identification number (CIN) of Kross Limited is U29100JH1991PLC004465 and the company number is 004465 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kross Limited is https://www.krosslimited.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Kross Limited has risen by 27.00%.

  • As Per 2024 financial reports, 534 employees are currently employed by Kross Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Kross Limited has experienced an upsurge of 43.78%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Kross Limited amount to ₹ 189.77 Cr.

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

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