Kundan Edifice Limited

Manufacturer and supplier of flexible LED strip lights for various industries.

2010 | Thane, Maharashtra (India) | Active
Last Updated:

Kundan Edifice Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.27 Cr
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.96 Cr
  • Satisfied Charges ₹ 19.05 Cr
  • Revenue Growth 86.01%
  • Profit Growth 203.45%
  • Ebitda 209.90%
  • Net Worth 168.88%
  • Total Assets 53.82%

About Kundan Edifice

Kundan Edifice Limited (KEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 August 2010 and has a history of 14 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Electrical 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 11.00 Cr and a paid-up capital of Rs 10.27 Cr.

The company currently has active open charges totaling ₹14.96 Cr. The company has closed loans amounting to ₹19.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kundan Edifice Limited India are Mahesh Masani as CFO and Rashmi Maheswari as Company Secretary. Hariom Sarda, Divyansh Gupta, Mallika Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36100MH2010PLC206541

  • Company No.

    206541

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2010

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Electrical

What products or services does Kundan Edifice Limited offer?

Kundan Edifice Limited offers a wide range of products and services, including Diodes & Electronic Active Devices, Light Emitting Diode.

Who are the key members and board of directors at Kundan Edifice?

Executive Team (3)

NameDesignationAppointment DateStatus
Divyansh Gupta Country flag representing In Managing Director01-Apr-2015Current
Mahesh Masani CFO08-May-2023Current
Rashmi Maheswari Company Secretary27-Mar-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Satish Inani Country flag representing In Director 27-Mar-2023Current
Hariom Sarda Country flag representing In Director 27-Mar-2023Current
Mallika Gupta Country flag representing In Whole-Time Director 30-Sep-2017Current
Girish Joshi Country flag representing In Director 27-Mar-2023Current

Financial Performance of Kundan Edifice.

Kundan Edifice Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.01% increase. The company also saw a substantial improvement in profitability, with a 203.45% increase in profit. The company's net worth Soared by an impressive increase of 168.88%.

Kundan Edifice revenue growth over time
Kundan Edifice 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
86.01%
Revenue from Operations
85.45%
Total Assets
53.82%
Profit or Loss
203.45%
Net Worth
168.88%
EBITDA
209.90%

What is the Ownership and Shareholding Structure of Kundan Edifice?

In 2023, Kundan Edifice had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.96 Cr

Satisfied Charges

₹19.05 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.85 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Hdfc Bank Limited₹1.08 MOpen
29 Dec 2023Others₹4.86 MOpen
30 Nov 2023Others₹1.04 CrOpen
20 Oct 2023Others₹2.02 MOpen
28 Mar 2023Others₹1.53 CrOpen

How Many Employees Work at Kundan Edifice?

Kundan Edifice has a workforce of 227 employees as of Mar 29, 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.

Employee growth trends for Kundan Edifice Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kundan Edifice, 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 Kundan Edifice'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 Kundan Edifice

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100870593 was registered on 16 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100854339 was registered on 29 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 1.04 Cr with Charge ID 100830861 was registered on 30 Nov 2023.

  • Charges

    A charge with Others of Rs. 11.60 Cr registered on 10 Aug 2022 with Charge ID 100613086 was modified on 30 Oct 2023.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100821008 was registered on 20 Oct 2023.

  • Annual General Meeting

    Kundan Edifice Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

Recent News, Updates & Announcement

  • Kundan Edifice news update on market trends
    Kundan Edifice IPO Allotment Status Released: NSE SME Listing on September 26, Grey Market Premium at +16!.

    Kundan Edifice IPO allotment status is out! Check it on Cameo Corporate Services Ltd's website. The IPO will be listed on NSE SME on September 26. Grey market premium is +16, indicating investors are willing to pay more than the issue price. The IPO is worth ₹25.22 crore and has no offer for sale. The company plans to use the proceeds for working capital and other purposes. The promoters are Divyansh Mukesh Gupta and Vijaya Mukesh Gupta. No listed companies exclusively manufacture LED strip lights, so the company has identified proxy peers for comparison. Chavda Infra Limited offers construction services in Gujarat..

    mint

Frequently asked questions

  • What is the Incorporation or founding date of Kundan Edifice Limited?

    Kundan Edifice Limited was incorporated on 12 Aug 2010.

  • What is authorized share capital and paid-up capital of Kundan Edifice Limited?

    The authorized share capital of Kundan Edifice Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.27 Cr.

  • Who are the current board members & directors of Kundan Edifice Limited?

    Currently 7 directors are associated with Kundan Edifice Limited.

    • Hariom Sarda
    • Divyansh Mukesh Gupta
    • Mallika Mukesh Gupta
    • Satish Inani
    • Girish Kumar Joshi
    • Mahesh Singh Masani
    • Rashmi Maheswari

  • What is the registered address of Kundan Edifice Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kundan Edifice Limited is Gala No. A/B Ganesh Industrial Estate Behind Burma Shell Petrol Pump East, (Palghar) India, Vasai, Maharashtra, 401208.

  • What is the corporate identification number (CIN) and company number of Kundan Edifice Limited?

    The corporate identification number (CIN) of Kundan Edifice Limited is U36100MH2010PLC206541 and the company number is 206541 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kundan Edifice Limited?

    The Official website of Kundan Edifice Limited is https://www.kundanedifice.com

  • What has been the recent revenue trend for Kundan Edifice Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kundan Edifice Limited has risen by 86.01%.

  • How many employees does Kundan Edifice Limited currently have?

    As Per 2023 financial reports, 227 employees are currently employed by Kundan Edifice Limited.

  • What change has been observed in the net worth of Kundan Edifice Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kundan Edifice Limited has experienced an upsurge of 168.88%.

  • What are the total open charges for Kundan Edifice Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kundan Edifice Limited amount to ₹ 14.96 Cr.

  • When was the last Balance Sheet of Kundan Edifice Limited filed with the ROC?

    The most recent Balance Sheet for Kundan Edifice Limited was filed with the ROC on 31 Mar 2023.

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