About KSS Limited
Data last updated:
KSS Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 06 September 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L22100MH1995PLC092438. Its GSTIN is 27AAACG5103D1Z8 (Maharashtra). It is recorded as listed by MCA, but trading in its shares on BSE (532081) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹213.59 Cr. It was formerly known as K Sera Sera Productions Limited and Garnet Paper Mills Limited. It is led by directors including Bhargav Vishalbhai Ahir and Dharmveer Singh Magan Singh Shekhawat.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No. 101A 1st Floor Plot No. B – 17 Morya Landmark II Andheri (West), Mumbai, Maharashtra, India – 400053.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹21.9 Cr on record. Court records list 79 cases involving the company, including 31 filed by the company and 48 filed against it; 5 cases are pending. The company has 280 deals on record (278 market trades, 1 acquisition, 1 ipo); the latest was in August 2020. The company has 2 MSME Form 1 returns on record between 2020 and 2022, listing 2 overdue payments to 1 micro and small supplier.
The last known website on record is kserasera.com.
Company details
Name history
KSS has undergone 3 name changes throughout its history. The company was previously known as K Sera Sera Productions Limited, Garnet Paper Mills Limited, and K Sera Sera Limited. The current legal name is Kss Limited.
| Company Name | Status |
|---|---|
| KSS Limited | Current |
| K Sera Sera Productions Limited | Previous |
| Garnet Paper Mills Limited | Previous |
| K Sera Sera Limited | Previous |
CIN history
KSS has one previous CIN (Corporate Identification Number): L21010MH1995PLC092438. The current CIN is L22100MH1995PLC092438, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22100MH1995PLC092438 | Current |
| L21010MH1995PLC092438 | Previous |
Contact details
KSS Limited's registered office is in Mumbai, Maharashtra. Its website is kserasera.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 101A 1st Floor Plot No. B – 17 Morya Landmark II Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of KSS 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 KSS Limited
FY 2022 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of KSS Limited, buy the company report.
Board of directors of KSS Limited
KSS has 6 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Vishalbhai Ahir Also directs: Makcur Lifescience Private Limited | Director | 05 Dec 2020 | 5 Years 11 Months | As last reported |
| Dharmveer Singh Magan Singh Shekhawat | Director | 31 Dec 2020 | 5 Years 10 Months | As last reported |
| Harsh Upadhyay | Director | 30 Nov 2015 | 10 Years 11 Months | As last reported |
| Monika Meena | Director | 14 Aug 2021 | 5 Years 2 Months | As last reported |
| Sandip Joshi Also directs: K Sera Sera Miniplex Limited, K Sera Sera Digital Cinema Limited, Pickleball Club LLP and 5 more | Director | 23 Jan 2018 | 8 Years 9 Months | As last reported |
| Jayashree Vilas Gangurde | Additional Director | 22 Oct 2022 | 4 Years 0 Months | As last reported |
Auditor
KSS Limited is audited by Amit Ramakant & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit Ramakant & Co. | FY 2022 | 009184C |
Shareholding
The shareholding of KSS Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of KSS Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2007 | 10060945 | Yes Bank Limited | ₹10 Cr | Satisfied | |
| 24 Jan 2007 | 10034196 | Industrial Development Bank of India Limited | ₹6.25 Cr | Satisfied | |
| 12 Aug 2006 | 10017854 | Yes Bank Limited | ₹1 Cr | Satisfied | |
| 24 Dec 2004 | 90151251 | Punjab National Bank | ₹3 Cr | Satisfied | |
| 14 Jul 2004 | 90151629 | Canara Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of KSS Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
KSS Limited has 280 deals on record (278 market trades, 1 acquisition, 1 ipo); the latest was in August 2020.
Deals on record (5 of 280)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Market trade | ₹19.9 Lakh | Buyer: Darpad Trading Private Limited |
| Aug 2015 | Market trade | ₹27 Lakh | Buyer: Darpad Trading Private Limited Seller: Darpad Trading Private Limited |
| Mar 2015 | Market trade | ₹39.5 Lakh | Buyer: SHPL Enterprises Private Limited Seller: SHPL Enterprises Private Limited |
| Feb 2015 | Market trade | ₹44.3 Lakh | Buyer: Green Venture Securities Management Private Limited Seller: Green Venture Securities Management Private Limited |
| Jan 2015 | Market trade | ₹2.53 Cr | Buyer: Darpad Trading Private Limited , SHPL Enterprises Private Limited , Maars Infratech Private Limited Seller: SHPL Enterprises Private Limited , Darpad Trading Private Limited , Maars Infratech Private Limited |
To see the full deal history of KSS Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
KSS Limited has 79 court cases on record: 31 filed by KSS, 48 filed against it. 5 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 25 | 4 |
| District courts | 30 | 19 | 1 |
| NCLAT | 4 | 4 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Goldmines Telefilms Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Eros Multimedia Pvt. Ltd. | Pending |
| Bombay High Court | Criminal complaint | Filed by the company against Eros Multimedia Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by K Sera Sera Box Office Private Limited Through Sameer Krishnakant Somaiya | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Axis Bank Ltd | Disposed |
To see the full case history of KSS 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.
MSME payment delays
KSS Limited has 2 MSME Form 1 returns on record between 2020 and 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sanjog Communication Private Limited |
To see the full MSME payment records of KSS Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
KSS has 4 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Birla Gold and Precious Metals Limited | U51900MH2001PLC133454 | |
| K Sera Sera Digital Cinema Limited | U72900MH2009PLC192998 | |
| Birla Jewels Limited | U74999MH2011PLC217746 | |
| K Sera Sera Miniplex Limited | U93090MH2010PLC199549 |
To see the full group structure of KSS Limited, buy the company report.
GST
KSS has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG5103D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KSS Limited, buy the company report.
Recent activity
KSS Limited has 78 board changes on record since 2002: 42 appointments and 36 cessations. The latest: Jayashree Vilas Gangurde was appointed as Additional Director on 22 Oct 2022.
81 earlier events are in the company report.
Frequently asked questions
KSS is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
KSS is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 06 September 1995 and is registered under CIN L22100MH1995PLC092438. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
KSS has 6 current directors:
- Bhargav Vishalbhai Ahir - Director
- Dharmveer Singh Magan Singh Shekhawat - Director
- Harsh Upadhyay - Director
- Monika Meena - Director
- Sandip Joshi - Director
- Jayashree Vilas Gangurde - Additional Director
The latest financial statements of KSS on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of KSS is L22100MH1995PLC092438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KSS is recorded as a listed company by MCA, but trading in its shares on BSE (532081) has been suspended, so they do not currently trade on a stock exchange.
KSS has no open charges and satisfied charges of ₹21.9 Cr as per latest MCA filings.
KSS has 79 court cases on record: 31 filed by the company and 48 filed against it. 5 are pending. Most are in the high courts.
KSS was incorporated on 06 September 1995. It is registered with the Registrar of Companies, Mumbai.
KSS has 280 deals on record (278 market trades, 1 acquisition, 1 ipo); the latest was in August 2020.
Jayashree Vilas Gangurde was appointed as Additional Director on 22 Oct 2022. Satish Ramswroop Panchariya ceased to be Director on 22 Oct 2022. Monika Meena was appointed as Director on 14 Aug 2021. KSS has 78 board changes on record in total.
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