Kushal'S Retail Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.52 Cr
- Company Age 6 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 53.00 Cr
- Satisfied Charges ₹ 5.94 Cr
- Revenue Growth 63.82%
- Profit Growth 132.77%
- Ebitda -99.19%
- Net Worth 270.95%
- Total Assets 17.53%
About Kushal'S Retail
Kushal's Retail Private Limited (KRPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 February 2019 (Six years and one month 25 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the E-Commerce 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 3.00 Cr and a paid-up capital of Rs 2.52 Cr.
The company currently has active open charges totaling ₹53.00 Cr. The company has closed loans amounting to ₹5.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tejraj Gulecha, Nandish Gulechha, Kalpesh Gulechha, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52609KA2019PTC121527
- Company No.
121527
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Feb 2019
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
E-Commerce
What products or services does Kushal's Retail Private Limited offer?
Kushal'S Retail Private Limited offers a wide range of products and services, including Jewel, Gold Plated Maang Tika, Bangles Bracelets, Gold Plated Anklet, Artificial Necklaces, Gold Plated Necklace, Gold, Gold Necklace Set, Gold Maang Tikka, Artificial Earrings.
Kushal's Retail Private Limited
Explore comprehensive data for Kushal's Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kushal'S Retail?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Dhanuka  | Director | 21-May-2022 | Current |
| Gulechaa Ankit | Director | 18-Feb-2019 | Current |
| Tejraj Gulecha | Director | 18-Feb-2019 | Current |
| Nandish Gulechha | Director | 18-Feb-2019 | Current |
| Kalpesh Gulechha | Director | 18-Feb-2019 | Current |
| Mitin Jain | Director | 13-May-2019 | Current |
Financial Performance of Kushal'S Retail.
Kushal'S Retail Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.82% increase. The company also saw a substantial improvement in profitability, with a 132.77% increase in profit. The company's net worth Soared by an impressive increase of 270.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kushal'S Retail?
In 2021, Kushal'S Retail had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manyata Office Park Developers Private LimitedTejraj Gulecha is a mutual person
Manyata Knowledge Infrastructure Projects Private LimitedTejraj Gulecha is a mutual person
Manyata Commercial Developers Private LimitedTejraj Gulecha is a mutual person
Manyata Builders And Developers Private LimitedTejraj Gulecha is a mutual person
Jito Administrative Training FoundationTejraj Gulecha is a mutual person
Citykart Ventures Private LimitedMitin Jain is a mutual person
Charges (Loans)
Open Charges
₹53.00 Cr
Satisfied Charges
₹5.94 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 50.00 Cr
- Axis Bank Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 27 Jun 2019 | Axis Bank Limited | ₹3.00 Cr | Open |
| 18 Jul 2019 | Axis Bank Limited | ₹5.94 Cr | Satisfied |
How Many Employees Work at Kushal'S Retail?
Kushal'S Retail has a workforce of 887 employees as of Mar 31, 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 Kushal'S Retail, 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 Kushal'S Retail'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 Kushal'S Retail
Recent activity within the organization
- Annual General Meeting
Kushal'S Retail Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
- Balance Sheet
Kushal'S Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 29 Nov 2022 with Charge ID 100666012 was modified on 30 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100666012 was registered on 29 Nov 2022.
- Charges
A charge registered on 18 Jul 2019 via Charge ID 100277243 with Axis Bank Limited was fully satisfied on 18 Nov 2022.
- Director Appointment
Vijay Dhanuka was appointed as a Director was appointed as a Director on 21 May 2022 & has been associated with this company since 2 years 10 months .
Recent News, Updates & Announcement
D2C Jewellery Brand Kushal's Raises $34 Mn In Series B Funding From Lighthouse's Fourth PE Fund -.Kushal's maintains an omnichannel presence. In brick-and-mortar retail, it distributes its products through 75+ stores spanning over 25 cities such as.
Frequently asked questions
What is the Incorporation or founding date of Kushal'S Retail Private Limited?
Kushal'S Retail Private Limited was incorporated on 18 Feb 2019.
What is authorized share capital and paid-up capital of Kushal'S Retail Private Limited?
The authorized share capital of Kushal'S Retail Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.52 Cr.
Who are the current board members & directors of Kushal'S Retail Private Limited?
Currently 6 directors are associated with Kushal'S Retail Private Limited.
- Tejraj Gulecha
- Nandish Gulechha
- Kalpesh Gulechha
- Mitin Chandanmal Jain
- Gulechaa Rajendrakumar Ankit
- Vijay Dhanuka
What is the registered address of Kushal'S Retail Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kushal'S Retail Private Limited is 54/2 2Nd Floor Above State Bank Of India Police Station Road, Basavanagudi, Bangalore, Karnataka, 560004.
What is the corporate identification number (CIN) and company number of Kushal'S Retail Private Limited?
The corporate identification number (CIN) of Kushal'S Retail Private Limited is U52609KA2019PTC121527 and the company number is 121527 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kushal'S Retail Private Limited?
The Official website of Kushal'S Retail Private Limited is https://www.kushals.com
What has been the recent revenue trend for Kushal'S Retail Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Kushal'S Retail Private Limited has risen by 63.82%.
How many employees does Kushal'S Retail Private Limited currently have?
As Per 2022 financial reports, 887 employees are currently employed by Kushal'S Retail Private Limited.
What change has been observed in the net worth of Kushal'S Retail Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Kushal'S Retail Private Limited has experienced an upsurge of 270.95%.
What are the total open charges for Kushal'S Retail Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Kushal'S Retail Private Limited amount to ₹ 53.00 Cr.
When was the last Balance Sheet of Kushal'S Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Kushal'S Retail Private Limited was filed with the ROC on 31 Mar 2024.
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