Kernel Tech Networks Private Limited

Kernel Tech Networks Private Limited - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72200MH2000PTC126761 Incorporated 25 May 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company real estate and construction
Revenue · FY 2024
₹18.31 Lakh
▲ 1% YoY
Net loss · FY 2024
₹4.38 Lakh
Net margin -23.9%
EBITDA · FY 2024
-₹1.94 Lakh
EBITDA margin -10.6%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹12.49 Lakh
Issued & subscribed
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Kernel Tech Networks Private Limited

Data last updated:

Kernel Tech Networks Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 May 2000.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC126761.

The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹12.49 Lakh. It was led by directors Meena Khetan and Anushree Devesh Gupta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 702 Corporate Centre Opp. Hotel Vits Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.31 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹4.38 Lakh (net margin -23.9%) and EBITDA of -₹1.94 Lakh (EBITDA margin -10.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over five years.

Its group structure includes 1 subsidiary.

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U72200MH2000PTC126761
Registration Number 126761
Incorporation Date 25 May 2000
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Compliance Status Active Compliant

Contact details

Kernel Tech Networks Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    702 Corporate Centre Opp. Hotel Vits Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Kernel Tech Networks Private Limited, buy the company report.

Comprehensive company report
Kernel Tech Networks Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Kernel Tech Networks is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Kernel Tech Networks Private Limited, buy the company report.

Financials of Kernel Tech Networks Private Limited

FY 2024 filings available

Kernel Tech Networks Private Limited reported revenue of ₹18.31 Lakh (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹18.31 Lakh ▲ 1%
Net loss · FY 2024
₹4.38 Lakh margin -23.9%
EBITDA · FY 2024
-₹1.94 Lakh margin -10.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 103%
3 years · compounded
▲ 37%
5 years · compounded
▲ 34%

Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 103% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.38 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-10.6%
Net Profit Margin-23.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Kernel Tech Networks Private Limited, buy the company report.

Board of directors of Kernel Tech Networks Private Limited

Kernel Tech Networks has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Meena KhetanDirector08 Jan 201016 Years 10 MonthsAs last reported
Anushree Devesh GuptaDirector01 Apr 200917 Years 7 MonthsAs last reported

Peer comparison

Kernel Tech Networks Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Primevision Builders Private Limited₹18.32 Lakh (FY 2025)9.0%Lucknow, Uttar Pradesh, India
Top Choice Minerals Private Limited₹18.32 Lakh (FY 2025)6.0%Chennai, Tamil Nadu, India
Avenuemiles Private Limited₹18.32 Lakh (FY 2025)-60.0%Lucknow, Uttar Pradesh, India
Kernel Tech Networks Private Limitedthis company₹18.31 Lakh (FY 2024)-₹4.38 Lakh-23.9%1.0%Mumbai, Maharashtra, India

To see the full peer comparison of Kernel Tech Networks Private Limited, buy the company report.

Auditor

Kernel Tech Networks Private Limited is audited by VARMA & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
VARMA & ASSOCIATESFY 2020142189W

Shareholding

The shareholding of Kernel Tech Networks Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kernel Tech Networks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kernel Tech Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Kernel Tech Networks has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Krishna Ventures LimitedL45400MH1981PLC025151

To see the full group structure of Kernel Tech Networks Private Limited, buy the company report.

GST

No GST registration is on our record for Kernel Tech Networks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Kernel Tech Networks Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Anushree Devesh Gupta ceased to be Additional Director on 28 Sep 2010.

AGM
Kernel Tech Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kernel Tech Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Anushree Devesh Gupta ceased to be Additional Director.
Ceased
Komal Saurabh Deshmukh Samant ceased to be Additional Director.
Ceased
Narmada Vijay Tulaskar ceased to be Director.
Appointed
Meena Khetan was appointed as Director.
Ceased
Meena Khetan ceased to be Director.
Ceased
Seema Ratish Tagde ceased to be Additional Director.
Appointed
Anushree Devesh Gupta was appointed as Director.
Ceased
Vijay Kumar Shrigopal Khetan ceased to be Director.
Incorporation
25 May 2000
Kernel Tech Networks Private Limited was registered on 25 May 2000 with Roc Mumbai & aged 26 years 5 months as per MCA records.

Frequently asked questions

Kernel Tech Networks has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Kernel Tech Networks was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 May 2000 and is registered under CIN U72200MH2000PTC126761. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Kernel Tech Networks is U72200MH2000PTC126761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kernel Tech Networks had 2 directors:

Kernel Tech Networks was incorporated on 25 May 2000. It is registered with the Registrar of Companies, Mumbai.

The registered office of Kernel Tech Networks is at 702 Corporate Centre Opp. Hotel Vits Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.

The latest financial statements of Kernel Tech Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

Kernel Tech Networks operated in the real estate and construction industry, in the real estate builders and developers segment.

The peers of Kernel Tech Networks by revenue are Primevision Builders Private Limited, Top Choice Minerals Private Limited, Avenuemiles Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).

Kernel Tech Networks has 1 court case on record: 1 filed by the company.

Anushree Devesh Gupta ceased to be Additional Director on 28 Sep 2010. Komal Saurabh Deshmukh Samant ceased to be Additional Director on 25 May 2010. Narmada Vijay Tulaskar ceased to be Director on 25 May 2010. Kernel Tech Networks has 8 board changes on record in total.