Shri Kannan Departmental Store Limited

Retailer of food, vegetables, groceries, and household items since 1999.

1999 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Shri Kannan Departmental Store Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.49 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 251.46 Cr
  • Revenue Growth -58.79%
  • Profit Growth 61.99%
  • Ebitda 117.19%
  • Net Worth 147.79%
  • Total Assets -8.28%

About Shri Kannan Departmental Store

Shri Kannan Departmental Store Limited (SKDSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 1999 and has a history of 25 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Shri Kannan Departmental Store Private Limited. The Company is engaged in the Consumer Services 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 10.00 Cr and a paid-up capital of Rs 8.49 Cr.

The company has closed loans amounting to ₹251.46 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajendra Kamath, Thangavel Thanushgaran, Radhika Disale, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52110TZ1999PLC009009

  • Company No.

    009009

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1999

  • Date of AGM

    04 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Services

Who are the key members and board of directors at Shri Kannan Departmental Store?

Board Members (4)

NameDesignationAppointment DateStatus
Rajendra Kamath Country flag representing In Director 19-Jul-2021Current
Thangavel Thanushgaran Country flag representing In Director 15-Sep-1999Current
Radhika Disale Country flag representing In Director 09-Mar-2020Current
Shivram Murti Country flag representing In Director 03-Mar-2020Current

Financial Performance of Shri Kannan Departmental Store.

Shri Kannan Departmental Store Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.79% decrease. The company also saw a substantial improvement in profitability, with a 61.99% increase in profit. The company's net worth Soared by an impressive increase of 147.79%.

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
-58.79%
Revenue from Operations
-58.78%
Total Assets
-8.28%
Profit or Loss
61.99%
Net Worth
147.79%
EBITDA
117.19%

What is the Ownership and Shareholding Structure of Shri Kannan Departmental Store?

In 2023, Shri Kannan Departmental Store 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

₹0

Satisfied Charges

₹251.46 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 149.76 Cr
  • City Union Bank Limited : 95.50 Cr
  • Icici Bank Limited : 4.00 Cr
  • Tamilnad Mercantile Bank Limited : 2.00 Cr
  • Karur Vysya Bank Limited : 0.12 Cr
  • Others : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2019City Union Bank Limited₹2.00 CrSatisfied
14 Sep 2017City Union Bank Limited₹5.00 CrSatisfied
07 Mar 2017City Union Bank Limited₹5.00 CrSatisfied
23 Dec 2016Hdfc Bank Limited₹6.00 CrSatisfied
04 May 2016City Union Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Shri Kannan Departmental Store?

Shri Kannan Departmental Store has a workforce of 2 employees as of Apr 09, 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 Shri Kannan Departmental Store, 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 Shri Kannan Departmental Store'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 Shri Kannan Departmental Store

Recent activity within the organization

  • Annual General Meeting

    Shri Kannan Departmental Store Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.

    04 Sep 2024

  • Balance Sheet

    Shri Kannan Departmental Store Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Rajendra Madhav Kamath was appointed as a Director was appointed as a Director on 19 Jul 2021 & has been associated with this company since 3 years 6 months .

    19 Jul 2021

  • Charges

    A charge registered on 10 Feb 2016 via Charge ID 100023813 with Hdfc Bank Limited was fully satisfied on 16 Sep 2020.

    16 Sep 2020

  • Charges

    A charge registered on 29 Jul 2015 via Charge ID 10589795 with Hdfc Bank Limited was fully satisfied on 16 Sep 2020.

    16 Sep 2020

  • Charges

    A charge registered on 07 Apr 2014 via Charge ID 10502289 with Hdfc Bank Limited was fully satisfied on 16 Sep 2020.

    16 Sep 2020

Frequently asked questions

  • Shri Kannan Departmental Store Limited was incorporated on 15 Sep 1999.

  • The authorized share capital of Shri Kannan Departmental Store Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.49 Cr.

  • Currently 4 directors are associated with Shri Kannan Departmental Store Limited.

    • Rajendra Madhav Kamath
    • Thangavel Thanushgaran
    • Radhika Rohidas Disale
    • Shivram Murti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Kannan Departmental Store Limited is No.1- 4 Rajaji Road Ramnagar, India, Coimbatore, Tamil Nadu, 641009.

  • The corporate identification number (CIN) of Shri Kannan Departmental Store Limited is U52110TZ1999PLC009009 and the company number is 009009 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Kannan Departmental Store Limited is https://www.shrikannan.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Kannan Departmental Store Limited has fallen by -58.79%.

  • As Per 2023 financial reports, 2 employees are currently employed by Shri Kannan Departmental Store Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Kannan Departmental Store Limited has experienced an upsurge of 147.79%.

  • The most recent Balance Sheet for Shri Kannan Departmental Store Limited was filed with the ROC on 31 Mar 2024.

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