Kusters Engineering India Private Limited

Manufacturer of customized banking automation products with global presence and ISO certification.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Kusters Engineering India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.27 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.00 Cr
  • Satisfied Charges ₹ 38.50 Cr
  • Revenue Growth 44.07%
  • Profit Growth 125.52%
  • Ebitda 265.84%
  • Net Worth 3.65%
  • Total Assets 20.32%

About Kusters Engineering India

Kusters Engineering India Private Limited (KEIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 09 November 2006 and has a history of 18 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 Cr and a paid-up capital of Rs 0.27 M.

The company currently has active open charges totaling ₹47.00 Cr. The company has closed loans amounting to ₹38.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jose Philip, Sumit Jain, and Sunita Harisankar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51103MH2006FTC165448

  • Company No.

    165448

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    09 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Kusters Engineering India Private Limited offer?

Kusters Engineering India Private Limited offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Home Appliances, Measuring Equipments & Instruments, Money Counter, Counting Machines, Computer and Mobile Softwares & Apps, ERP Packages, Vending Machines & Dispensers, Vending Machine.

Who are the key members and board of directors at Kusters Engineering India?

Executive Team (1)

Name Designation Appointment Date Status
Sumit Jain Country flag representing In Managing Director 07-Jun-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Jose Philip Country flag representing In Director 09-Nov-2006 Current
Sunita Harisankar Country flag representing In Director 29-Dec-2010 Current

Financial Performance of Kusters Engineering India.

Kusters Engineering India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.07% increase. The company also saw a substantial improvement in profitability, with a 125.52% increase in profit. The company's net worth moved up by a moderate rise of 3.65%.

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
44.07%
Revenue from Operations
46.05%
Total Assets
20.32%
Profit or Loss
125.52%
Net Worth
3.65%
EBITDA
265.84%

What is the Ownership and Shareholding Structure of Kusters Engineering India?

In 2023, Kusters Engineering India had a promoter holding of 100.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.00 Cr

Satisfied Charges

₹38.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.00 Cr
  • Uco Bank : 23.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Sep 2023 Others ₹24.00 Cr Open
02 Sep 2023 Uco Bank ₹23.00 Cr Open
24 Mar 2022 Others ₹6.50 Cr Satisfied
13 Aug 2018 Axis Bank Limited ₹11.00 Cr Satisfied
28 Jan 2016 Yes Bank Limited ₹16.00 Cr Satisfied

How Many Employees Work at Kusters Engineering India?

Unlock and access historical data on people associated with Kusters Engineering India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kusters Engineering India, 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 Kusters Engineering India'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 Kusters Engineering India

Recent activity within the organization

  • Charges

    A charge registered on 24 Mar 2022 via Charge ID 100552149 with Others was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Kusters Engineering India 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 Others amounted to Rs. 24.00 Cr with Charge ID 100791252 was registered on 07 Sep 2023.

    07 Sep 2023

  • Charges

    A charge with Uco Bank amounted to Rs. 23.00 Cr with Charge ID 100772535 was registered on 02 Sep 2023.

    02 Sep 2023

  • Charges

    A charge registered on 13 Aug 2018 via Charge ID 100236984 with Axis Bank Limited was fully satisfied on 11 May 2023.

    11 May 2023

  • Balance Sheet

    Kusters Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Kusters Engineering India Private Limited was incorporated on 09 Nov 2006.

  • The authorized share capital of Kusters Engineering India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.27 M.

  • Currently 3 directors are associated with Kusters Engineering India Private Limited.

    • Jose Chacko Philip
    • Sumit Jain
    • Sunita Harisankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kusters Engineering India Private Limited is Ground Floor Master Mind Ii Royal Palm Estate Aarey Colony Goregaon, East, Mumbai, Maharashtra, India, 400065.

  • The corporate identification number (CIN) of Kusters Engineering India Private Limited is U51103MH2006FTC165448 and the company number is 165448 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kusters Engineering India Private Limited is https://www.kustersindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kusters Engineering India Private Limited has risen by 44.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kusters Engineering India Private Limited has experienced an upsurge of 3.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kusters Engineering India Private Limited amount to ₹ 47.00 Cr.

  • The most recent Balance Sheet for Kusters Engineering India Private Limited was filed with the ROC on 31 Mar 2023.

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