MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-04-0006534
Kag Bags Private Limited - home & lifestyle in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.1 Lakh
▼ 6% YoY
Net loss · FY 2025
₹1.14 Cr
Latest filing
EBITDA · FY 2025
-₹67.3 Lakh
Latest filing
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.2 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
2
Provident fund records
About Kag Bags Private Limited
Data last updated:
Kag Bags Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 17 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19115DL2014PTC274238. Its GSTIN is 07AADCH5192A2ZU (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Hemkund Bags Private Limited. It is led by directors Simar Deep Singh Gambhir and Lalit Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11/12 Ground Floor West Patel Nagar, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Cr and EBITDA of -₹67.3 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 72% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.2 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
Kag Bags Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0006534). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harjase.com.
Company details
CIN U19115DL2014PTC274238
Registration Number 274238
Incorporation Date 17 December 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-04-0006534
Recognitions & Rankings of Kag Bags
Contact details
Kag Bags Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11/12 Ground Floor West Patel Nagar, New Delhi, Delhi, India – 110008
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Kag Bags Private Limited, buy the company report.
Comprehensive company report
Kag Bags 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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Secure checkout · GST invoice included
Business activity
The main business activity of Kag Bags is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Kag Bags Private Limited, buy the company report.
Financials of Kag Bags Private Limited
FY 2025 filings availableKag Bags Private Limited reported revenue of ₹1.1 Lakh (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹1.1 Lakh ▼ 6%
Net loss · FY 2025
₹1.14 Cr
EBITDA · FY 2025
-₹67.3 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 91%
5 years · compounded
▼ 72%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 47%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 6% fall in the latest year. EBITDA fell 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹67.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Kag Bags Private Limited, buy the company report.
Board of directors of Kag Bags Private Limited
Kag Bags has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simar Deep Singh Gambhir | Additional Director | 22 Mar 2025 | 1 Years 7 Months | Current |
| Lalit Singh Also directs: Harjase Support Services Limited, Harjaase Food Products Private Limited, Harjase Products Private Limited and 2 more | Additional Director | 22 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Kag Bags Private Limited is audited by JAIN RAJEEV & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN RAJEEV & ASSOCIATES | FY 2022 | 027521N |
Shareholding
The shareholding of Kag Bags Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kag Bags Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2020 | 100420360 | Idbi Bank Limited | ₹19.5 Lakh | Open | |
| 14 Oct 2016 | 100074321 | Idbi Bank Limited | ₹1 Cr | Open |
To see the full charge records of Kag Bags Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kag Bags Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by India Infoline Finance | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Sai Industries | Disposed |
To see the full case history of Kag Bags 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kag Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kag Bags has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCH5192A2ZU | Delhi | Active | 23 Jul 2017 |
To see the full GST registrations and return filing status of Kag Bags Private Limited, buy the company report.
Recent activity
Kag Bags Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Jasbir Singh Sachdeva ceased to be Director on 29 Mar 2025.
AGM
Kag Bags Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kag Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Jasbir Singh Sachdeva ceased to be Director.
Appointed
Lalit Singh was appointed as Additional Director.
Appointed
Simar Deep Singh Gambhir was appointed as Additional Director.
Ceased
Ravinder Kaur ceased to be Director.
Charges
A charge with Idbi Bank Limited of Rs. 1.00 Cr registered on 14 Oct 2016 with Charge ID 100074321 was modified on 26 Mar 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100420360 was registered on 14 Aug 2020.
Ceased
Rhythm Kaur ceased to be Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100074321 was registered on 14 Oct 2016.
Incorporation
17 Dec 2014
Kag Bags Private Limited was registered on 17 Dec 2014 with Roc Delhi Ii & aged 11 years 10 months as per MCA records.
Frequently asked questions
Kag Bags is an active private limited company based in New Delhi, Delhi, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 17 December 2014 (12+ years old) and is registered under CIN U19115DL2014PTC274238.
Kag Bags has 2 current directors:
- Simar Deep Singh Gambhir - Additional Director
- Lalit Singh - Additional Director
The latest financial statements of Kag Bags on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kag Bags is 07AADCH5192A2ZU, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kag Bags is U19115DL2014PTC274238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kag Bags has 4 court cases on record: 4 filed against it.
Kag Bags was incorporated on 17 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Jasbir Singh Sachdeva ceased to be Director on 29 Mar 2025. Lalit Singh was appointed as Additional Director on 22 Mar 2025. Simar Deep Singh Gambhir was appointed as Additional Director on 22 Mar 2025. Kag Bags has 5 board changes on record in total.
Yes, Kag Bags is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0006534).
Kag Bags can be reached through the website harjase.com. Its registered office is in New Delhi, Delhi, India.
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