Kurlon Enterprise Profile
Key Indicators
- Authorised Capital ₹ 75.30 Cr
- Paid Up Capital ₹ 18.28 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 40.00 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth 0.58%
- Profit Growth -90.38%
- Ebitda -77.20%
- Net Worth -3.11%
- Total Assets 2.68%
About Kurlon Enterprise
Kurlon Enterprise Limited (KEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 2011 and has a history of 13 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Goods 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 75.30 Cr and a paid-up capital of Rs 18.28 Cr.
The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kurlon Enterprise Limited India are Abhilash Kamti as CFO and Monu Kumar as Company Secretary. Ravindra Dhariwal, Rahul Gautam, Tushaar Gautam, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36101MH2011PLC222657
- Company No.
222657
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Oct 2011
- Date of AGM
17 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
What products or services does Kurlon Enterprise Limited offer?
Kurlon Enterprise Limited offers a wide range of products and services, including Cushion & Cushion Covers, Pillows, Bed Mattress, Coir Mattress, Kurl-on Bed Mattress, Spring Mattress, Bed Pillows, Wooden Bed, Wooden Cot Bed, Double Bed.
Who are the key members and board of directors at Kurlon Enterprise?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushaar Gautam  | Managing Director | 20-Oct-2023 | Current |
| Abhilash Kamti | CFO | 01-Jun-2022 | Current |
| Monu Kumar | Company Secretary | 03-Feb-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Gautam | Director | 20-Oct-2023 | Current |
| Ravindra Dhariwal | Director | 21-Dec-2023 | Current |
| Jyothi Pradhan | Director | 20-Oct-2023 | Current |
| Meena Jagtiani | Director | 21-Dec-2023 | Current |
Financial Performance of Kurlon Enterprise.
Kurlon Enterprise Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.58% increase. The company also saw a substantial fall in profitability, with a 90.38% decrease in profit. The company's net worth dipped by a decrease of 3.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kurlon Enterprise?
In 2022, Kurlon Enterprise had a promoter holding of 84.60% and a public holding of 15.39%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trident Global Corp LimitedRavindra Dhariwal is a mutual person
Manipal Software & E-Com Private LimitedJyothi Pradhan is a mutual person
Sagacito Technologies Private LimitedRavindra Dhariwal is a mutual person
Irb Infrastructure Developers LimitedRavindra Dhariwal is a mutual person
Manipal Holdings Private LimitedJyothi Pradhan is a mutual person
- Manipal Metropolis Builders Private Limited
Jyothi Pradhan is a mutual person
Charges (Loans)
Open Charges
₹40.00 Cr
Satisfied Charges
₹30.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2014 | Idbi Bank Limited | ₹40.00 Cr | Open |
| 29 Sep 2022 | Others | ₹30.00 Cr | Satisfied |
How Many Employees Work at Kurlon Enterprise?
Kurlon Enterprise has a workforce of 704 employees as of Apr 10, 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 Kurlon Enterprise, 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 Kurlon Enterprise'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.
Latest Updates, News, and FAQs on Kurlon Enterprise
Recent activity within the organization
- Charges
A charge registered on 29 Sep 2022 via Charge ID 100620031 with Others was fully satisfied on 23 Jul 2024.
- Annual General Meeting
Kurlon Enterprise Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.
- Balance Sheet
Kurlon Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ravindra Dhariwal was appointed as a Director was appointed as a Director on 21 Dec 2023 & has been associated with this company since 1 year 3 months .
- Director Appointment
Meena Jagtiani was appointed as a Director was appointed as a Director on 21 Dec 2023 & has been associated with this company since 1 year 3 months .
- Director Appointment
Rahul Gautam was appointed as a Director was appointed as a Director on 20 Oct 2023 & has been associated with this company since 1 year 5 months .
Recent News, Updates & Announcement
Kurl-on acquires US firm Spring Air | Mint.Kurl-on says the acquisition covers Spring Air's operations across India, Bangladesh, Sri Lanka and Pakistan.The acquisition will strengthen Kurl-on's presence in the premium bedding segment.
- Kurl-on to Invest 200 Crores in Innovation and new Technology to Double Product Portfolio in the Next Two Years.
/PRNewswire/ -- - To consolidate brand’s growth in home furniture & furnishings segment - Introduces 'STR8' technology for the first time in India, caters to a....
- Kurl-on Partners with FCB Ulka to Revolutionize India's Mattress Industry.
Kurl-on, the biggest mattress brand in India, has chosen FCB Ulka as their creative partner. Kurl-on wants to improve the mattress industry and meet the needs of Indian consumers. They have over 7000 outlets and 10,000 dealers across India. FCB Ulka won the pitch because they understood Kurl-on's vision and can help them grow. Let's make beautiful work together!.
- Eyeing Rs 2k cr in revenue, Kurl-on says partnership with IKEA will prove beneficial.
Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry, Sudhakar Pai, Chairman and MD, Kurl-on says..
Frequently asked questions
What is the Incorporation or founding date of Kurlon Enterprise Limited?
Kurlon Enterprise Limited was incorporated on 03 Oct 2011.
What is authorized share capital and paid-up capital of Kurlon Enterprise Limited?
The authorized share capital of Kurlon Enterprise Limited is ₹ 75.30 Cr and paid-up capital is ₹ 18.28 Cr.
Who are the current board members & directors of Kurlon Enterprise Limited?
Currently 7 directors are associated with Kurlon Enterprise Limited.
- Ravindra Dhariwal
- Rahul Gautam
- Tushaar Gautam
- Jyothi Ashish Pradhan
- Meena Jagtiani
- Abhilash Padmanabh Kamti
- Monu Kumar
What is the registered address of Kurlon Enterprise Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kurlon Enterprise Limited is 1002/1006 The Avenue International A Opp. Hotel Leela, Andheri (East) India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Kurlon Enterprise Limited?
The corporate identification number (CIN) of Kurlon Enterprise Limited is U36101MH2011PLC222657 and the company number is 222657 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kurlon Enterprise Limited?
The Official website of Kurlon Enterprise Limited is https://www.kurlon.com
What has been the recent revenue trend for Kurlon Enterprise Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Kurlon Enterprise Limited has risen by 0.58%.
How many employees does Kurlon Enterprise Limited currently have?
As Per 2022 financial reports, 704 employees are currently employed by Kurlon Enterprise Limited.
What change has been observed in the net worth of Kurlon Enterprise Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Kurlon Enterprise Limited has experienced an downturn of -3.11%.
What are the total open charges for Kurlon Enterprise Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Kurlon Enterprise Limited amount to ₹ 40.00 Cr.
When was the last Balance Sheet of Kurlon Enterprise Limited filed with the ROC?
The most recent Balance Sheet for Kurlon Enterprise Limited was filed with the ROC on 31 Mar 2024.
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