Kanak Communications Private Limited
About Kanak Communications Private Limited
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Kanak Communications Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Niwas Residential & Commercial Properties Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 11 September 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1989PTC053399.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors Apurva Sonthalia and Priya Anil Sawant.
Its last annual general meeting (AGM) was held on 24 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Essar House11 K Marg Mahalakshmi, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.15 Lakh (net margin -92%) and EBITDA of -₹13.14 Lakh (EBITDA margin -91.9%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
As per MCA filings, the company had satisfied charges of ₹4.5 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
Company details
Contact details
Kanak Communications Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEssar House11 K Marg Mahalakshmi, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Kanak Communications 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
Business activity
The main business activity of Kanak Communications is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kanak Communications Private Limited, buy the company report.
Financials of Kanak Communications Private Limited
FY 2019 filings availableKanak Communications Private Limited reported revenue of ₹14.3 Lakh (up 4666% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.3 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹13.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.15 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -91.9% | ||||
| Net Profit Margin | -92% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kanak Communications Private Limited, buy the company report.
Board of directors of Kanak Communications Private Limited
Kanak Communications has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Sonthalia Also directs: Jayashish Corporate Services LLP, Girishan Investment Private Limited, Thakkars Investment Private Limited and 3 more | Director | 31 Jul 2018 | 8 Years 2 Months | As last reported |
| Priya Anil Sawant | Director | 02 May 2019 | 7 Years 5 Months | As last reported |
Auditor
Kanak Communications Private Limited is audited by Nisar and Kumar for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nisar and Kumar | FY 2017 | 127820W |
Shareholding
The shareholding of Kanak Communications Private Limited 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 Kanak Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 1998 | 90224974 | Global Trust Bank Ltd | ₹4.5 Cr | Satisfied |
To see the full charge records of Kanak Communications Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kanak Communications Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by individuals | Disposed |
To see the full case history of Kanak Communications 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 Kanak Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kanak Communications Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kanak Communications Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Priya Anil Sawant ceased to be Additional Director on 24 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Kanak Communications has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kanak Communications was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 11 September 1989 and is registered under CIN U32200MH1989PTC053399. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kanak Communications was incorporated on 11 September 1989. It is registered with the Registrar of Companies, Mumbai.
Kanak Communications had 2 directors:
- Apurva Sonthalia - Director
- Priya Anil Sawant - Director
The CIN (Corporate Identification Number) of Kanak Communications is U32200MH1989PTC053399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kanak Communications is at Essar House11 K Marg Mahalakshmi, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Kanak Communications on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 24 September 2019. Year-wise statements from 2015 are in the company report.
Kanak Communications operated in the real estate industry, in the real estate leasing segment.
Kanak Communications has 5 court cases on record: 5 filed against it. 2 are pending.
Priya Anil Sawant ceased to be Additional Director on 24 Sep 2019. Priya Anil Sawant was appointed as Director on 02 May 2019. Priyanka Mayuresh Oka ceased to be Director on 02 May 2019. Kanak Communications has 11 board changes on record in total.