Kushmitha Foundations Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 1.88 Cr
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 590.91 Cr
- Satisfied Charges ₹ 26.23 Cr
- Revenue Growth 4.73%
- Profit Growth -77.78%
- Ebitda -17.12%
- Net Worth 0.10%
- Total Assets -0.11%
About Kushmitha Foundations
Kushmitha Foundations Private Limited (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 April 2002 and has a history of 22 years and 11 months. Its registered office is in Chennai 600O35., Tamil Nadu, India.
The Company is engaged in the Financial Services 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 9.00 Cr and a paid-up capital of Rs 1.88 Cr.
The company currently has active open charges totaling ₹590.91 Cr. The company has closed loans amounting to ₹26.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ishari Kadhirvelan, Isari Ganesh, and Kamala Kumar serve as directors at the Company.
Company Details
- Location
Chennai 600O35., Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45201TN2002PTC048810
- Company No.
048810
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Kushmitha Foundations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishari Kadhirvelan  | Director | 01-Oct-2014 | Current |
| Isari Ganesh | Director | 23-Apr-2002 | Current |
| Kamala Kumar | Director | 06-Jan-2012 | Current |
Financial Performance of Kushmitha Foundations.
Kushmitha Foundations Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.73% increase. The company also saw a substantial fall in profitability, with a 77.78% decrease in profit. The company's net worth moved up by a moderate rise of 0.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Kushmitha Foundations?
In 2023, Kushmitha Foundations had a promoter holding of 40.15% and a public holding of 59.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Arthi Associates Private Limited
Ishari Kadhirvelan, Isari Ganesh and 1 more are mutual person
- Vg Park Beach Resorts Private Limited
Ishari Kadhirvelan and Isari Ganesh are mutual person
- Vels Aviation Services Ifsc Private Limited
Ishari Kadhirvelan and Isari Ganesh are mutual person
Charges (Loans)
Open Charges
₹590.91 Cr
Satisfied Charges
₹26.23 Cr
Charges Breakdown by Lending Institutions
- Others : 324.26 Cr
- Cosmos Co-Operative Bank Limited : 175.82 Cr
- Axis Bank Limited : 90.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2023 | Others | ₹6.00 Cr | Open |
| 29 Mar 2023 | Others | ₹94.86 Cr | Open |
| 29 Mar 2023 | Axis Bank Limited | ₹89.33 Cr | Open |
| 29 Mar 2022 | Others | ₹30.00 Cr | Open |
| 20 Jul 2021 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Kushmitha Foundations?
Unlock and access historical data on people associated with Kushmitha Foundations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kushmitha Foundations, 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 Kushmitha Foundations'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 Kushmitha Foundations
Recent activity within the organization
- Annual General Meeting
Kushmitha Foundations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100746209 was registered on 26 May 2023.
- Balance Sheet
Kushmitha Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 94.86 Cr with Charge ID 100709572 was registered on 29 Mar 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 89.33 Cr with Charge ID 100709579 was registered on 29 Mar 2023.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100569121 was registered on 29 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Kushmitha Foundations Private Limited?
Kushmitha Foundations Private Limited was incorporated on 23 Apr 2002.
What is authorized share capital and paid-up capital of Kushmitha Foundations Private Limited?
The authorized share capital of Kushmitha Foundations Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 1.88 Cr.
Who are the current board members & directors of Kushmitha Foundations Private Limited?
Currently 3 directors are associated with Kushmitha Foundations Private Limited.
- Ishari Ganesh Kadhirvelan
- Isari Arthi Ganesh
- Kamala Kannan Ashwin Kumar
What is the registered address of Kushmitha Foundations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kushmitha Foundations Private Limited is No.521 AnnasalaiNo.521 Annasalai No.521 Annasalai, Chennai 600O35., Tamil Nadu, India, 600035.
What is the corporate identification number (CIN) and company number of Kushmitha Foundations Private Limited?
The corporate identification number (CIN) of Kushmitha Foundations Private Limited is U45201TN2002PTC048810 and the company number is 048810 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kushmitha Foundations Private Limited?
The Official website of Kushmitha Foundations Private Limited is https://www.drisharikganesh.com
What has been the recent revenue trend for Kushmitha Foundations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kushmitha Foundations Private Limited has risen by 4.73%.
What change has been observed in the net worth of Kushmitha Foundations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kushmitha Foundations Private Limited has experienced an upsurge of 0.10%.
What are the total open charges for Kushmitha Foundations Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kushmitha Foundations Private Limited amount to ₹ 590.91 Cr.
When was the last Balance Sheet of Kushmitha Foundations Private Limited filed with the ROC?
The most recent Balance Sheet for Kushmitha Foundations Private Limited was filed with the ROC on 31 Mar 2023.
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