Kussum Business Solutions Private Limited

Provides industrial solutions for consumables, machines, equipment, tools, spares, maintenance, and packaging.

2017 | Jalandhar, Punjab (India) | Active
Last Updated: October 24, 2024

Kussum Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.25 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 20.72%
  • Profit Growth 22.45%
  • Ebitda 47.05%
  • Net Worth 22.27%
  • Total Assets 22.34%

About Kussum Business Solutions

Kussum Business Solutions Private Limited (KBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 2017 (Seven years and 11 months 3 days old ). Its registered office is in Jalandhar, Punjab, India.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹6.25 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kussum Business Solutions Private Limited India is Deepak Chugh as CEO. Abhishek Chugh, Abhinav Chugh, and Anita Chugh serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52609PB2017PTC046280

  • Company No.

    046280

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Kussum Business Solutions?

Executive Team (2)

NameDesignationAppointment DateStatus
Abhinav Chugh Country flag representing In Managing Director24-Mar-2017Current
Deepak Chugh Country flag representing In CEO27-Mar-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Chugh Country flag representing In Director 24-Mar-2017Current
Anita Chugh Country flag representing In Director 24-Mar-2017Current

Financial Performance of Kussum Business Solutions.

Kussum Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.72% increase. The company also saw a substantial improvement in profitability, with a 22.45% increase in profit. The company's net worth Soared by an impressive increase of 22.27%.

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
20.72%
Revenue from Operations
20.72%
Total Assets
22.34%
Profit or Loss
22.45%
Net Worth
22.27%
EBITDA
47.05%

What is the Ownership and Shareholding Structure of Kussum Business Solutions?

In 2023, Kussum Business Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.50 M

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.00 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2024Others₹1.50 MOpen
28 Oct 2022Others₹1.00 MOpen
27 Nov 2018Axis Bank Limited₹6.00 CrOpen
31 Mar 2018Others₹2.50 CrSatisfied

How Many Employees Work at Kussum Business Solutions?

Kussum Business Solutions has a workforce of 21 employees as of Mar 30, 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 Kussum Business Solutions, 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 Kussum Business Solutions'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 Kussum Business Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100857418 was registered on 18 Jan 2024.

    18 Jan 2024

  • Annual General Meeting

    Kussum Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 60.00 M registered on 27 Nov 2018 with Charge ID 100223512 was modified on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Kussum Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100630189 was registered on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge registered on 31 Mar 2018 via Charge ID 100169743 with Others was fully satisfied on 30 Dec 2019.

    30 Dec 2019

Frequently asked questions

  • Kussum Business Solutions Private Limited was incorporated on 24 Mar 2017.

  • The authorized share capital of Kussum Business Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Kussum Business Solutions Private Limited.

    • Abhishek Chugh
    • Abhinav Chugh
    • Anita Chugh
    • Deepak Kumar Chugh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kussum Business Solutions Private Limited is First Floor 36-B Adarsh Nagar, India, Jalandhar, Punjab, 144008.

  • The corporate identification number (CIN) of Kussum Business Solutions Private Limited is U52609PB2017PTC046280 and the company number is 046280 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kussum Business Solutions Private Limited has risen by 20.72%.

  • As Per 2023 financial reports, 21 employees are currently employed by Kussum Business Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kussum Business Solutions Private Limited has experienced an upsurge of 22.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kussum Business Solutions Private Limited amount to ₹ 6.25 Cr.

  • The most recent Balance Sheet for Kussum Business Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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