Kumar Motor Corporation Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 5.90 Cr
as on 24-10-2024
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.25 Cr
as on 24-10-2024
- Satisfied Charges ₹ 18.32 Cr
as on 24-10-2024
- Revenue 70.36%
(FY 2023)
- Profit 37.71%
(FY 2023)
- Ebitda -14.83%
(FY 2023)
- Net Worth 31.31%
(FY 2023)
- Total Assets 48.80%
(FY 2023)
About Kumar Motor Corporation
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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.90 Cr.
The company currently has active open charges totaling ₹27.25 Cr. The company has closed loans amounting to ₹18.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashikumar Desai and Aruna Desai serve as directors at the Company.
- CIN/LLPIN
U50101KA2009PTC050597
- Company No.
050597
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Aug 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Kumar Motor Corporation?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashikumar Desai  | Director | 10-Aug-2009 | Current |
| Aruna Desai | Director | 21-Dec-2016 | Current |
Financial Performance of Kumar Motor Corporation.
Kumar Motor Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.36% increase. The company also saw a substantial improvement in profitability, with a 37.71% increase in profit. The company's net worth Soared by an impressive increase of 31.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kumar Motor Corporation?
In 2023, Kumar Motor Corporation had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kumar Auto Agencies Private LimitedActive 1 year 8 months
Shashikumar Desai and Aruna Desai are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 20 Jul 2023 | ₹11.00 Cr | Open |
Axis Bank Limited Creation Date: 18 Dec 2021 | ₹16.25 Cr | Open |
Axis Bank Limited Creation Date: 25 Nov 2020 | ₹0.90 M | Satisfied |
How Many Employees Work at Kumar Motor Corporation?
Kumar Motor Corporation has a workforce of 56 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kumar Motor Corporation, 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 Kumar Motor Corporation's trajectory.
Rating
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
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.
