Kusumgar Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.99 Cr
- Company Age 34 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 200.25 Cr
- Satisfied Charges ₹ 65.64 Cr
- Revenue Growth 15.31%
- Profit Growth 22.48%
- Ebitda 12.38%
- Net Worth 21.11%
- Total Assets 21.84%
About Kusumgar
Kusumgar Private Limited (KPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 1990 and has a history of 34 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kusumgar Finstock Private Limited. The Company is engaged in the Manufacturing 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 1.99 Cr.
The company currently has active open charges totaling ₹200.25 Cr. The company has closed loans amounting to ₹65.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kusumgar Private Limited India is Naresh Patel as CFO. Yogesh Kusumgar, Siddharth Kusumgar, Sapna Kusumgar, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U65990MH1990PTC056871
- Company No.
056871
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Kusumgar Private Limited offer?
Kusumgar Private Limited offers a wide range of products and services, including Geotextiles, Geotextile Fabrics, Industrial Fabrics and Textiles, Industrial Fabric, Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Non Woven Fabric, Aramid Fabrics, Animal Clothing & Accessories, Horse Riding Equipment.
Who are the key members and board of directors at Kusumgar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naresh Patel | CFO | 27-Feb-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Kusumgar  | Director | 01-Aug-2000 | Current |
| Ankur Kothari | Director | 25-Sep-2020 | Current |
| Yogesh Kusumgar | Director | 15-Jun-1990 | Current |
| Sapna Kusumgar | Director | 25-Apr-2022 | Current |
| Kiran Shah | Director | 22-Sep-2008 | Current |
Financial Performance of Kusumgar.
Kusumgar Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.31% increase. The company also saw a substantial improvement in profitability, with a 22.48% increase in profit. The company's net worth Soared by an impressive increase of 21.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Kusumgar?
In 2022, Kusumgar had a promoter holding of 99.99% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kusumgar Holdings LlpSiddharth Kusumgar and Sapna Kusumgar are mutual person
Indian Technical Textile AssociationAnkur Kothari is a mutual person
Gujarat Themis Biosyn LtdSiddharth Kusumgar is a mutual person
Engineered Coated Fabric Private LimitedYogesh Kusumgar, Siddharth Kusumgar and 2 more are mutual person
Toray Kusumgar Advanced Textile Private LimitedSiddharth Kusumgar is a mutual person
Shubita Fabrics LlpYogesh Kusumgar and Siddharth Kusumgar are mutual person
Charges (Loans)
₹200.25 Cr
₹65.64 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 121.75 Cr
- Others : 43.50 Cr
- Citi Bank N.A. : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2024 | Others | ₹10.00 Cr | Open |
| 13 Dec 2023 | Others | ₹30.00 Cr | Open |
| 18 Nov 2022 | Hdfc Bank Limited | ₹2.46 M | Open |
| 25 Oct 2022 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 18 Aug 2022 | Hdfc Bank Limited | ₹45.00 Cr | Open |
How Many Employees Work at Kusumgar?
Kusumgar has a workforce of 646 employees as of Mar 28, 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 Kusumgar, 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 Kusumgar'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.
