About KSS Petron Private Limited
Data last updated:
KSS Petron Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kazstoryservice Global B.V,Netherlands. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 19 July 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC234297. Its GSTIN is 27AADCK1183C2ZU (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹74.73 Cr. It was formerly known as Kazstroyservice Infrastructure India Private Limited. It is led by directors including Sabit Zhanassov and Abylai Karibayev.
Its last annual general meeting (AGM) was held on 29 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Swastik Chambers 6th Floor Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2018, the company reported a revenue of ₹180.7 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹248.21 Cr (net margin -137.4%) and EBITDA of -₹216.56 Cr (EBITDA margin -119.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: KazStroyService. As per MCA filings, the company has open charges of ₹805.81 Cr and satisfied charges of ₹2,326.31 Cr on record. Court records list 143 cases involving the company, including 52 filed by the company and 91 filed against it; 18 cases are pending.
The last known website on record is kazstroyservice.com.
Company details
CIN history
KSS Petron has one previous CIN (Corporate Identification Number): U45400DL2007PTC166048. The current CIN is U45400MH2007PTC234297, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MH2007PTC234297 | Current |
| U45400DL2007PTC166048 | Previous |
Contact details
KSS Petron Private Limited's registered office is in Mumbai, Maharashtra. Its website is kazstroyservice.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSwastik Chambers 6th Floor Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of KSS Petron Private Limited, buy the company report.
- 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
Brands
KSS Petron operates one associated brand: KazStroyService. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| KazStroyService is engaged in industrial construction and project management. | kazstroyservice.com |
Business activity
The main business activity of KSS Petron is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of KSS Petron Private Limited, buy the company report.
Financials of KSS Petron Private Limited
FY 2018 filings availableKSS Petron Private Limited reported revenue of ₹180.7 Cr (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 37% fall in the latest year. EBITDA rose 37% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹180.7 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹216.56 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹248.21 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -119.8% | |||
| Net Profit Margin | -137.4% | |||
| 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 KSS Petron Private Limited, buy the company report.
Board of directors of KSS Petron Private Limited
KSS Petron has 3 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sabit Zhanassov | Director | 18 Mar 2016 | 10 Years 7 Months | As last reported |
| Abylai Karibayev | Director | 18 Mar 2016 | 10 Years 7 Months | As last reported |
| Rakesh Tiwari | Director | 27 Aug 2016 | 10 Years 1 Months | As last reported |
Peer comparison
KSS Petron Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khalatkar Construction Infra Private Limited | ₹385.17 Cr (FY 2025) | 5.0% | Nagpur, Maharashtra, India | |||
| Kalindee Rail Nirman Engineers Limited | ₹377 Cr (FY 2016) | 18.0% | New Delhi, Delhi, India | |||
| Chevrox Constructions Private Limited | ₹376.25 Cr (FY 2023) | 35.0% | Ahmedabad, Gujarat, India | |||
| KSS Petron Private Limitedthis company | ₹180.7 Cr (FY 2018) | -₹248.21 Cr | -137.4% | -37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of KSS Petron Private Limited, buy the company report.
Auditor
KSS Petron Private Limited is audited by LODHA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2018 | 301051E |
Shareholding
The shareholding of KSS Petron Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of KSS Petron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2015 | 10590142 | Others | ₹336.76 Cr | Open | |
| 16 May 2014 | 10501754 | Others | ₹75.76 Cr | Open | |
| 19 Sep 2013 | 10451139 | L & T Finance Limited | ₹3.23 Cr | Open | |
| 19 Sep 2013 | 10451144 | L & T Finance Limited | ₹1.33 Cr | Open | |
| 31 Aug 2012 | 10383034 | L & T Finance Limited | ₹1.29 Cr | Open |
To see the full charge records of KSS Petron Private Limited, buy the company report.
Total charge records: 152 View all charges
Legal cases
KSS Petron Private Limited has 143 court cases on record: 52 filed by KSS Petron, 91 filed against it. 18 cases are pending and 125 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 97 | 51 | 8 |
| District courts | 33 | 28 | 7 |
| NCLT | 7 | 6 | 0 |
| NCLAT | 6 | 6 | 3 |
Cases on record (5 of 143)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S BLR Logistiks (I) Ltd | Pending |
| District court, Meerut, Uttar Pradesh | Criminal case | Filed against the company by P.R.Infracon Pvt. Ltd. | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Irise India Private Limited and 1 other | Disposed |
| NCLT, Mumbai | Appeal | Filed against the company by Irise India Private Limited and 1 other | Disposed |
| District court, Khurda, Orissa | Arbitration matter | Filed against the company by Ms Kukumina Construction Pvt. Ltd. | Disposed |
To see the full case history of KSS Petron Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
KSS Petron Private Limited was last rated by Crisil on 03 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Oct 2019 |
To see the full credit ratings and regulatory alerts of KSS Petron Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KSS Petron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
KSS Petron has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Petron Engineering Construction Limited | L45202MH1976PLC019135 |
To see the full group structure of KSS Petron Private Limited, buy the company report.
GST
KSS Petron has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK1183C2ZU | Maharashtra | Active | 14 Dec 2020 |
To see the full GST registrations and return filing status of KSS Petron Private Limited, buy the company report.
Recent activity
KSS Petron Private Limited has 31 board changes on record since 2008: 3 appointments and 28 cessations. The latest: Lalita ceased to be Company Secretary on 07 Jun 2019.
326 earlier events are in the company report.
Frequently asked questions
KSS Petron is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
KSS Petron is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 19 July 2007 and is registered under CIN U45400MH2007PTC234297. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
KSS Petron has 3 current directors:
- Sabit Zhanassov - Director
- Abylai Karibayev - Director
- Rakesh Tiwari - Director
The latest financial statements of KSS Petron on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 December 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of KSS Petron is U45400MH2007PTC234297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KSS Petron has open charges of ₹805.81 Cr and satisfied charges of ₹2,326.31 Cr as per latest MCA filings.
KSS Petron has 143 court cases on record: 52 filed by the company and 91 filed against it. 18 are pending. Most are in the high courts.
KSS Petron was incorporated on 19 July 2007. It is registered with the Registrar of Companies, Mumbai.
The peers of KSS Petron by revenue are Khalatkar Construction Infra Private Limited, Kalindee Rail Nirman Engineers Limited, Chevrox Constructions Private Limited, all in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (roads, railways, utility projects).
Lalita ceased to be Company Secretary on 07 Jun 2019. Abylai Karibayev ceased to be Additional Director on 30 Sep 2016. Rakesh Tiwari ceased to be Additional Director on 30 Sep 2016. KSS Petron has 31 board changes on record in total.
KSS Petron can be reached through the website kazstroyservice.com. Its registered office is in Mumbai, Maharashtra, India.