About K.K.Welding Limited
Data last updated:
K.K.Welding Limited is a public limited company based in Mumbai, Maharashtra, India. 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 industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 November 2001.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29380MH2001PLC134080. Its GSTIN is 27AABCK6831F2ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It was formerly known as K.K.Welding P Limited. It is led by directors including Prashant Premsagar Mehta and Mukund Keshav Vitkar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 128 Narayan Dhuru Streetmicro House Ground Floor, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2016, the company reported a revenue of ₹179.72 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Cr (net margin 1%) and EBITDA of ₹8.96 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹57.35 Cr and satisfied charges of ₹17.25 Cr on record. Court records list 91 cases involving the company, including 46 filed by the company and 45 filed against it; 19 cases are pending.
The last known website on record is kkwelding.net.
Company details
CIN history
K.K.Welding has one previous CIN (Corporate Identification Number): U29380MH2001PTC134080. The current CIN is U29380MH2001PLC134080, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29380MH2001PLC134080 | Current |
| U29380MH2001PTC134080 | Previous |
Contact details
K.K.Welding Limited's registered office is in Mumbai, Maharashtra. Its website is kkwelding.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address128 Narayan Dhuru Streetmicro House Ground Floor, Mumbai, Maharashtra, India – 400003
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of K.K.Welding 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
Financials of K.K.Welding Limited
FY 2016 filings availableK.K.Welding Limited reported revenue of ₹179.72 Cr (up 25% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 25% growth in the latest year. EBITDA rose 33% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹179.72 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8.96 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.86 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5% | |
| Net Profit Margin | 1% | |
| 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 K.K.Welding Limited, buy the company report.
Board of directors of K.K.Welding Limited
K.K.Welding has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Premsagar Mehta | Director | 22 Jul 2024 | 2 Years 3 Months | As last reported |
| Mukund Keshav Vitkar Also directs: SDK Constructions Private Limited, Jaymala Infrastructure Private Limited, Apmv Infrastructure Private Limited and 1 more | Director | 22 Jul 2024 | 2 Years 3 Months | As last reported |
| Shivram Keshav Vitkar | Director | 22 Jul 2024 | 2 Years 3 Months | As last reported |
Auditor
K.K.Welding Limited is audited by A M D & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M D & CO | FY 2016 | 130247W |
Shareholding
The shareholding of K.K.Welding Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of K.K.Welding Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2016 | 100043555 | Others | ₹2.65 Cr | Open | |
| 10 Nov 2015 | 10621680 | Others | ₹3 Cr | Open | |
| 13 Mar 2015 | 10567004 | Union Bank of India | ₹22.5 Cr | Open | |
| 01 Sep 2006 | 10021454 | Others | ₹27.5 Cr | Open | |
| 06 Oct 2004 | 90141369 | Icici Bank Limited | ₹32 Lakh | Open |
To see the full charge records of K.K.Welding Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
K.K.Welding Limited has 91 court cases on record: 46 filed by K.K.Welding, 45 filed against it. 19 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 37 | 14 |
| High courts | 25 | 7 | 5 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Shilpkruti Developers Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Capital First Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Capital First Ltd Th Mr Francis Rozario | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Shilpkruti Developers Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Idfc First Bank Ltd | Disposed |
To see the full case history of K.K.Welding 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
K.K.Welding Limited was last rated by Crisil on 13 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Nov 2020 |
To see the full credit ratings and regulatory alerts of K.K.Welding Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K.K.Welding Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K.K.Welding has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK6831F2ZL | Maharashtra | Active | 23 May 2020 |
To see the full GST registrations and return filing status of K.K.Welding Limited, buy the company report.
Recent activity
K.K.Welding Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Kirit Shantilal Mehta ceased to be Director on 22 Jul 2024.
19 earlier events are in the company report.
Frequently asked questions
K.K.Welding 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.
K.K.Welding is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 29 November 2001 and is registered under CIN U29380MH2001PLC134080. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
K.K.Welding has 3 current directors:
- Prashant Premsagar Mehta - Director
- Mukund Keshav Vitkar - Director
- Shivram Keshav Vitkar - Director
The latest financial statements of K.K.Welding on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of K.K.Welding is U29380MH2001PLC134080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K.K.Welding has open charges of ₹57.35 Cr and satisfied charges of ₹17.25 Cr as per latest MCA filings.
K.K.Welding has 91 court cases on record: 46 filed by the company and 45 filed against it. 19 are pending. Most are in the district courts.
K.K.Welding was incorporated on 29 November 2001. It is registered with the Registrar of Companies, Mumbai.
Kirit Shantilal Mehta ceased to be Director on 22 Jul 2024. Manharlal Shantilal Mehta ceased to be Director on 22 Jul 2024. Manish Manharlal Mehta ceased to be Director on 22 Jul 2024. K.K.Welding has 9 board changes on record in total.
K.K.Welding can be reached through the website kkwelding.net. Its registered office is in Mumbai, Maharashtra, India.