K V Associates Pvt Ltd
About K V Associates Pvt Ltd
Data last updated:
K V Associates Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 16 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U01122PB1986PTC006863. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹14.95 Lakh. It is led by directors Parveen Dev (Managing Director) and Suman Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Street No. 2 Beant Pura Samrala Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.09 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹14,010 (net margin 0.1%) and EBITDA of ₹2.5 Lakh (EBITDA margin 2.3%).
As per MCA filings, the company has open charges of ₹58.17 Lakh and satisfied charges of ₹30 Lakh on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
K V Associates Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressStreet No. 2 Beant Pura Samrala Road, Ludhiana, Punjab, India – 141003
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of K V Associates Pvt Ltd, 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
Business activity
The main business activity of K V Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of K V Associates Pvt Ltd, buy the company report.
Financials of K V Associates Pvt Ltd
FY 2017 filings availableK V Associates Pvt Ltd reported revenue of ₹1.09 Cr (down 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.09 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹14,010 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.3% | ||
| Net Profit Margin | 0.1% | ||
| 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 V Associates Pvt Ltd, buy the company report.
Board of directors of K V Associates Pvt Ltd
K V Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Aggarwal | Director | 01 May 2013 | 13 Years 5 Months | Current |
| Parveen Dev | Managing Director | 16 May 1986 | 40 Years 5 Months | Current |
Peer comparison
K V Associates Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhartia Tea Private Limited | ₹1.09 Cr (FY 2019) | 1081.0% | Kolkata, West Bengal, India | |||
| Solvmax Laboratories Private Limited | ₹1.09 Cr (FY 2024) | 11.0% | Patna, Bihar, India | |||
| Avantgarde Enterprises Private Limited | ₹1.09 Cr (FY 2024) | -57.0% | Hyderabad, Telangana, India | |||
| Celery Pharma Private Limited | ₹1.09 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Walwad Walmikeshwar Producer Company Limited | ₹1.09 Cr (FY 2025) | 590.0% | Osmanabad, Maharashtra, India | |||
| K V Associates Pvt Ltdthis company | ₹1.09 Cr (FY 2017) | ₹14,010 | 0.1% | -25.0% | Ludhiana, Punjab, India | |
| Arits Exim Private Limited | ₹1.08 Cr (FY 2021) | Rourkela, Odisha, India | ||||
| Medilogy Devices Private Limited | ₹1.08 Cr (FY 2019) | 95.0% | Delhi, India | |||
| Guruvardan Consumer Products Private Limited | ₹1.08 Cr (FY 2024) | 14.0% | Lucknow, Uttar Pradesh, India | |||
| Madhuvan Gems and Jewels Private Limited | ₹1.08 Cr (FY 2024) | -13.0% | Jaipur, Rajasthan, India | |||
| Swastik Solar Pvt Ltd | ₹1.08 Cr (FY 2024) | 557.0% | Kolkata, West Bengal, India |
To see the full peer comparison of K V Associates Pvt Ltd, buy the company report.
Auditor
K V Associates Pvt Ltd is audited by SUMIT BHARTI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMIT BHARTI & ASSOCIATES | FY 2017 | 015301N |
Shareholding
The shareholding of K V Associates Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of K V Associates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2010 | 10222924 | Idbi Bank Limited | ₹56 Lakh | Open | |
| 20 Sep 1999 | 90312365 | Citi Bank | ₹2.17 Lakh | Open | |
| 12 Mar 2008 | 10092112 | State Bank of India | ₹25 Lakh | Satisfied | |
| 08 May 2002 | 90309456 | State Bank of India | ₹5 Lakh | Satisfied |
To see the full charge records of K V Associates Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
K V Associates Pvt Ltd has 24 court cases on record: 8 filed by K V Associates, 16 filed against it. 4 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 3 |
| High courts | 8 | 4 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Saurashtra Chemicals Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Sahastra Exports P Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S.Sahastraa Exports Pvt Ltd. | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Chemtrade Overseas Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M/S Jesons Industries Ltd | Disposed |
To see the full case history of K V Associates Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for K V Associates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K V Associates has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of K V Associates Pvt Ltd, buy the company report.
Recent activity
K V Associates Pvt Ltd has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Manish Aggarwal ceased to be Director on 01 May 2013.
3 earlier events are in the company report.
Frequently asked questions
K V Associates is an active private limited company based in Ludhiana, Punjab, India. The company works in other wholesale, within the trading industry. It was incorporated on 16 May 1986 (40+ years old) and is registered under CIN U01122PB1986PTC006863.
K V Associates has 2 current directors:
- Parveen Dev - Managing Director
- Suman Aggarwal - Director
The latest financial statements of K V Associates on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. K V Associates has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of K V Associates is U01122PB1986PTC006863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K V Associates has 24 court cases on record: 8 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
K V Associates was incorporated on 16 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of K V Associates by revenue are Bhartia Tea Private Limited, Solvmax Laboratories Private Limited, Avantgarde Enterprises Private Limited, Celery Pharma Private Limited, Walwad Walmikeshwar Producer Company Limited and 5 more, all in the same principal business activity (wholesale trading).
Manish Aggarwal ceased to be Director on 01 May 2013. Suman Aggarwal was appointed as Director on 01 May 2013. Manish Aggarwal was appointed as Director on 01 Dec 2007. K V Associates has 4 board changes on record in total.
The registered office of K V Associates is at Street No. 2 Beant Pura Samrala Road, Ludhiana, Punjab, India – 141003.
K V Associates operates in the trading industry, in the other wholesale segment.
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