Kushal'S Retail Private Limited

Online retailer selling a variety of jewelry products since 2019, based in Bangalore.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: December 04, 2024

Kushal'S Retail Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.52 Cr
  • Company Age 6 Year, 4 Days
  • 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 4 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

    kushals.com

  • 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.

Who are the key members and board of directors at Kushal'S Retail?

Board Members (6)

NameDesignationAppointment DateStatus
Vijay Dhanuka Country flag representing In Director 21-May-2022Current
Gulechaa Ankit Country flag representing In Director 18-Feb-2019Current
Tejraj Gulecha Country flag representing In Director 18-Feb-2019Current
Nandish Gulechha Country flag representing In Director 18-Feb-2019Current
Kalpesh Gulechha Country flag representing In Director 18-Feb-2019Current
Mitin Jain Country flag representing In Director 13-May-2019Current

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%.

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
63.82%
Revenue from Operations
64.01%
Total Assets
17.53%
Profit or Loss
132.77%
Net Worth
270.95%
EBITDA
-99.19%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
29 Nov 2022Hdfc Bank Limited₹50.00 CrOpen
27 Jun 2019Axis Bank Limited₹3.00 CrOpen
18 Jul 2019Axis Bank Limited₹5.94 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    12 Sep 2024

  • Balance Sheet

    Kushal'S Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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.

    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.

    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.

    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 9 months .

    21 May 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Kushal'S Retail Private Limited was incorporated on 18 Feb 2019.

  • The authorized share capital of Kushal'S Retail Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.52 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Kushal'S Retail Private Limited is https://www.kushals.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kushal'S Retail Private Limited has risen by 63.82%.

  • As Per 2022 financial reports, 887 employees are currently employed by Kushal'S Retail Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Kushal'S Retail Private Limited amount to ₹ 53.00 Cr.

  • The most recent Balance Sheet for Kushal'S Retail Private Limited was filed with the ROC on 31 Mar 2024.

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