Kvts Automotive Private Limited

Manufactures and distributes various automobile parts and accessories.

2018 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: July 08, 2024

Kvts Automotive Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.96 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 29.87%
  • Profit Growth 36.25%
  • Ebitda 44.24%
  • Net Worth 62.63%
  • Total Assets 21.80%

About Kvts Automotive

Kvts Automotive Private Limited (KAPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 December 2018 (Six years and one month 8 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Automotive 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 ₹3.96 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Modi, Jayasankar, and Vikas Modi serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190TN2018PTC126628

  • Company No.

    126628

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Kvts Automotive?

Board Members (3)

Name Designation Appointment Date Status
Rahul Modi Country flag representing In Director 26-Aug-2019 Current
Jayasankar Country flag representing In Director 31-Dec-2018 Current
Vikas Modi Country flag representing In Director 31-Dec-2018 Current

Financial Performance of Kvts Automotive.

Kvts Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.87% increase. The company also saw a substantial improvement in profitability, with a 36.25% increase in profit. The company's net worth Soared by an impressive increase of 62.63%.

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
29.87%
Revenue from Operations
30.26%
Total Assets
21.80%
Profit or Loss
36.25%
Net Worth
62.63%
EBITDA
44.24%

What is the Ownership and Shareholding Structure of Kvts Automotive?

In 2023, Kvts Automotive 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

₹39.65 M

Satisfied Charges

₹12.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.01 Cr
  • Axis Bank Limited : 1.95 Cr

Latest Charge Details

Date Lender Amount Status
13 Feb 2024 Axis Bank Limited ₹1.95 Cr Open
26 May 2022 Others ₹2.09 M Open
20 May 2022 Others ₹2.91 M Open
04 Apr 2022 Others ₹7.00 M Open
26 Aug 2021 Others ₹8.15 M Open

How Many Employees Work at Kvts Automotive?

Kvts Automotive has a workforce of 75 employees as of Apr 01, 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 Kvts Automotive, 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 Kvts Automotive'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 Kvts Automotive

Recent activity within the organization

  • Charges

    A charge registered on 20 Sep 2019 via Charge ID 100297618 with Yes Bank Limited was fully satisfied on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 19.50 M with Charge ID 100870178 was registered on 13 Feb 2024.

    13 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Kvts Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 12.50 M registered on 20 Sep 2019 with Charge ID 100297618 was modified on 21 Jul 2022.

    21 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 2.09 M with Charge ID 100591211 was registered on 26 May 2022.

    26 May 2022

Frequently asked questions

  • Kvts Automotive Private Limited was incorporated on 31 Dec 2018.

  • The authorized share capital of Kvts Automotive Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Kvts Automotive Private Limited.

    • Rahul Modi
    • Jayasankar
    • Vikas Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kvts Automotive Private Limited is Door No. 499/2A1B, Mangathakulam Road Papparambakkam Papparambakkam, Tiruvallur, Tamil Nadu, India, 602025.

  • The corporate identification number (CIN) of Kvts Automotive Private Limited is U29190TN2018PTC126628 and the company number is 126628 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kvts Automotive Private Limited has risen by 29.87%.

  • As Per 2023 financial reports, 75 employees are currently employed by Kvts Automotive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kvts Automotive Private Limited has experienced an upsurge of 62.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kvts Automotive Private Limited amount to ₹ 3.96 Cr.

  • The most recent Balance Sheet for Kvts Automotive Private Limited was filed with the ROC on 31 Mar 2023.