The Kutch Salt And Allied Industries Limited

Produces raw salt and renewable energy, part of Friends Group.

1950 | Mumbai, Maharashtra (India) | Active
Last Updated:

The Kutch Salt And Allied Industries Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 12.67 Cr
  • Company Age 74 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 164.95 Cr
  • Satisfied Charges ₹ 236.07 Cr
  • Revenue Growth 255.16%
  • Profit Growth 226.63%
  • Ebitda 200.99%
  • Net Worth 61.18%
  • Total Assets 60.99%

About The Kutch Salt And Allied Industries

The Kutch Salt And Allied Industries Limited (TKSAAIL) was founded in India on 22 November 1950 and has a glorious history of 74 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Kutch Salt And Allied Industries Private Limited. The Company is engaged in the Environment 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 13.50 Cr and a paid-up capital of Rs 12.67 Cr.

The company currently has active open charges totaling ₹164.95 Cr. The company has closed loans amounting to ₹236.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Kutch Salt And Allied Industries Limited India are Ashokkumar Singhvi as CFO and Prutha Desai as Company Secretary. Tribhuvan Singhvi, Ashokkumar Singhvi, Mukesh Singhvi, 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

    U24238MH1950PLC008313

  • Company No.

    008313

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1950

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment
Food and Beverages

Who are the key members and board of directors at The Kutch Salt And Allied Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Mukesh Singhvi Country flag representing In Managing Director03-Dec-2004Current
Ashokkumar Singhvi CFO23-Feb-2024Current
Prutha Desai Company Secretary01-Mar-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Tribhuvan Singhvi Country flag representing In Director 01-Jan-2013Current
Ashokkumar Singhvi Country flag representing In Director 03-Dec-2004Current
Hemang Shah Country flag representing In Director 23-Feb-2024Current
Mahamadasalam Khatri Country flag representing In Additional Director 18-May-2024Current

Financial Performance of The Kutch Salt And Allied Industries.

The Kutch Salt And Allied Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 255.16% increase. The company also saw a substantial improvement in profitability, with a 226.63% increase in profit. The company's net worth Soared by an impressive increase of 61.18%.

The Kutch Salt And Allied Industries revenue growth over time
The Kutch Salt And Allied Industries 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
255.16%
Revenue from Operations
257.99%
Total Assets
60.99%
Profit or Loss
226.63%
Net Worth
61.18%
EBITDA
200.99%

What is the Ownership and Shareholding Structure of The Kutch Salt And Allied Industries?

In 2023, The Kutch Salt And Allied Industries had a promoter holding of 92.03% and a public holding of 7.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹164.95 Cr

Satisfied Charges

₹236.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 89.00 Cr
  • Axis Bank Limited : 45.00 Cr
  • Others : 16.45 Cr
  • Yes Bank Limited : 14.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2024Others₹4.45 CrOpen
11 Mar 2024Hdfc Bank Limited₹75.00 CrOpen
28 Mar 2023Axis Bank Limited₹45.00 CrOpen
17 Feb 2022Hdfc Bank Limited₹14.00 CrOpen
26 Oct 2021Others₹4.00 CrOpen

How Many Employees Work at The Kutch Salt And Allied Industries?

Unlock and access historical data on people associated with The Kutch Salt And Allied Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for The Kutch Salt And Allied Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Kutch Salt And Allied Industries, 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 The Kutch Salt And Allied Industries'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 The Kutch Salt And Allied Industries

Recent activity within the organization

  • Charges

    A charge registered on 25 Feb 2019 via Charge ID 100265993 with Others was fully satisfied on 01 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 4.45 Cr with Charge ID 100939974 was registered on 19 Jun 2024.

  • Director Appointment

    Mahamadasalam Kasambhai Khatri was appointed as a Additional Director was appointed as a Additional Director on 18 May 2024 & has been associated with this company since 10 months 12 days .

  • Charges

    A charge registered on 15 Dec 2020 via Charge ID 100397489 with Hdfc Bank Limited was fully satisfied on 20 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100891887 was registered on 11 Mar 2024.

  • Charges

    A charge registered on 12 Dec 2017 via Charge ID 100193942 with Others was fully satisfied on 29 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of The Kutch Salt And Allied Industries Limited?

    The Kutch Salt And Allied Industries Limited was incorporated on 22 Nov 1950.

  • What is authorized share capital and paid-up capital of The Kutch Salt And Allied Industries Limited?

    The authorized share capital of The Kutch Salt And Allied Industries Limited is ₹ 13.50 Cr and paid-up capital is ₹ 12.67 Cr.

  • Who are the current board members & directors of The Kutch Salt And Allied Industries Limited?

    Currently 7 directors are associated with The Kutch Salt And Allied Industries Limited.

    • Tribhuvan Amarchand Singhvi
    • Ashokkumar Amarchand Singhvi
    • Mukesh Babulal Singhvi
    • Hemang Kirtikumar Shah
    • Mahamadasalam Kasambhai Khatri
    • Ashokkumar Amarchand Singhvi
    • Prutha Pareshbhai Desai

  • What is the registered address of The Kutch Salt And Allied Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Kutch Salt And Allied Industries Limited is 01 Ground Floor Plot No.04 Building Name: Podar Dadi Seth Agiarylane Kalbadevi Road, Mal Harraowadi India, Mumbai, Maharashtra, 400002.

  • What is the corporate identification number (CIN) and company number of The Kutch Salt And Allied Industries Limited?

    The corporate identification number (CIN) of The Kutch Salt And Allied Industries Limited is U24238MH1950PLC008313 and the company number is 008313 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Kutch Salt And Allied Industries Limited?

    The Official website of The Kutch Salt And Allied Industries Limited is https://www.friendsgroup.co.in

  • What has been the recent revenue trend for The Kutch Salt And Allied Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for The Kutch Salt And Allied Industries Limited has risen by 255.16%.

  • What change has been observed in the net worth of The Kutch Salt And Allied Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of The Kutch Salt And Allied Industries Limited has experienced an upsurge of 61.18%.

  • What are the total open charges for The Kutch Salt And Allied Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for The Kutch Salt And Allied Industries Limited amount to ₹ 164.95 Cr.

  • When was the last Balance Sheet of The Kutch Salt And Allied Industries Limited filed with the ROC?

    The most recent Balance Sheet for The Kutch Salt And Allied Industries Limited was filed with the ROC on 31 Mar 2023.

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