About Kanchan International Limited
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Kanchan International 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 June 1994.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29301MH1994PLC078695. Its GSTIN is 26AAACK2599K1Z5 (Dadra and Nagar Haveli and Daman and Diu). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.88 Cr. It is led by directors including Dinesh Champalal Khimavat (Managing Director) and Shailesh Popatlal Parekh.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Shop No. 11 Radha Krishna Niwas Mahakal Wadi C. S. Road Anand Nagar Dahisar (East), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.84 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.45 Cr (net margin -24.9%) and EBITDA of -₹1.36 Lakh (EBITDA margin -0.2%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.5 Cr and satisfied charges of ₹10.22 Cr on record. Court records list 97 cases involving the company, including 26 filed by the company and 71 filed against it; 11 cases are pending. The company has 222 deals on record (222 market trades); the latest was in April 2013. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Powernetics Equipment (India) Private Limited with revenue of ₹5.86 Cr.
The last known website on record is kanchanappliances.com.
Company details
CIN history
Kanchan International has one previous CIN (Corporate Identification Number): U29301MH1994PTC078695. The current CIN is L29301MH1994PLC078695, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29301MH1994PLC078695 | Current |
| U29301MH1994PTC078695 | Previous |
Contact details
Kanchan International Limited's registered office is in Mumbai, Maharashtra. Its website is kanchanappliances.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No. 11 Radha Krishna Niwas Mahakal Wadi C. S. Road Anand Nagar Dahisar (East), Mumbai, Maharashtra, India – 400068
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kanchan International 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 Kanchan International is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kanchan International Limited, buy the company report.
Financials of Kanchan International Limited
FY 2015 filings availableKanchan International Limited reported revenue of ₹5.84 Cr (down 50% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹5.84 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.36 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.45 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.2% |
| Net Profit Margin | -24.9% |
| 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 Kanchan International Limited, buy the company report.
Board of directors of Kanchan International Limited
Kanchan International has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Popatlal Parekh Also directs: Asclepius Allied Pharma Private Limited | Director | 27 Jun 2009 | 17 Years 4 Months | As last reported |
| Chetankumar Chunilal Doshi | Director | 03 Nov 2010 | 16 Years 0 Months | As last reported |
| Dinesh Champalal Khimavat | Managing Director | 01 Jun 1994 | 32 Years 5 Months | As last reported |
| Ashok Champalal Khimavat Also directs: Rushabh Avenues Private Limited | Director | 01 Jun 1994 | 32 Years 5 Months | As last reported |
Peer comparison
Kanchan International Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Powernetics Equipment (India) Private Limited | ₹5.86 Cr (FY 2024) | 14.0% | Navi Mumbai, Maharashtra, India | |||
| Kanchan International Limitedthis company | ₹5.84 Cr (FY 2015) | -₹1.45 Cr | -24.9% | -50.0% | 3 | Mumbai, Maharashtra, India |
| BN Led Lights Private Limited | ₹5.84 Cr (FY 2025) | -6.0% | Lothada, Gujarat, India | |||
| Spectrum Uv Private Limited | ₹5.83 Cr (FY 2024) | 89.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Kanchan International Limited, buy the company report.
Auditor
Kanchan International Limited is audited by MOTILAL & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOTILAL & ASSOCIATES | FY 2015 | 106584W |
Shareholding
The shareholding of Kanchan International Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kanchan International Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2001 | 90188853 | State Bank of India | ₹28.5 Cr | Open | |
| 27 May 2000 | 90188808 | Dena Bank | ₹6.77 Cr | Satisfied | |
| 21 Oct 1999 | 90188788 | Dena Bank | ₹1.95 Cr | Satisfied | |
| 06 Dec 1997 | 90188710 | Dena Bank | ₹50 Lakh | Satisfied | |
| 17 May 1996 | 90188651 | Dena Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Kanchan International Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Kanchan International Limited has 222 deals on record (222 market trades); the latest was in April 2013.
Deals on record (5 of 222)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Market trade | ₹2.2 Lakh | Buyer: Wealthsmith Share Broking Private Limited Seller: an individual |
| Aug 2012 | Market trade | ₹17.8 Lakh | Buyer: Goodness Trading Private Limited Seller: an individual |
| Jul 2012 | Market trade | ₹12.4 Lakh | Buyer: Dhawaleshwar Trading Private Limited Seller: an individual |
| Jul 2012 | Market trade | ₹16.6 Lakh | Buyer: GFL Financials India Limited Seller: an individual |
| Jan 2012 | Market trade | ₹49.5 Lakh | Buyer: Dhawaleshwar Trading Private Limited , an individual Seller: 2 individuals |
To see the full deal history of Kanchan International 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
Kanchan International Limited has 97 court cases on record: 26 filed by Kanchan International, 71 filed against it. 11 cases are pending and 86 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 83 | 66 | 8 |
| High courts | 14 | 5 | 3 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Vi-Son Wires Pvt Ltd and 1 Anr and 1 other | Pending |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Shriniwas Sales Pvt. Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Nutech Sintered Products Pvt.Ltd. | Pending |
| District court, Silvassa, DNH at Silvasa | Commercial suit | Filed against the company by Vi-Son Wires Pvt Ltd Through Authorized Signatory Kalpesh Dolatrai Desai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Criminal miscellaneous application | Filed by the company against Vi-Son Wires Pvt Ltd and 1 Anr and 1 other | Disposed |
To see the full case history of Kanchan International 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 Kanchan International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kanchan International Limited has a workforce of 3 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Kanchan International has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACK2599K1Z5 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Kanchan International Limited, buy the company report.
Recent activity
Kanchan International Limited has 12 board changes on record since 1994: 8 appointments and 4 cessations. The latest: Bharat Harkishor Pipalia ceased to be Whole-Time Director on 30 Nov 2011.
19 earlier events are in the company report.
Frequently asked questions
Kanchan International 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.
Kanchan International is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 June 1994 and is registered under CIN L29301MH1994PLC078695. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kanchan International has 4 current directors:
- Dinesh Champalal Khimavat - Managing Director
- Shailesh Popatlal Parekh - Director
- Chetankumar Chunilal Doshi - Director
- Ashok Champalal Khimavat - Director
The latest financial statements of Kanchan International on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kanchan International is L29301MH1994PLC078695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanchan International is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
Kanchan International has open charges of ₹28.5 Cr and satisfied charges of ₹10.22 Cr as per latest MCA filings.
Kanchan International has 97 court cases on record: 26 filed by the company and 71 filed against it. 11 are pending. Most are in the district courts.
Kanchan International was incorporated on 01 June 1994. It is registered with the Registrar of Companies, Mumbai.
Kanchan International has 222 deals on record (222 market trades); the latest was in April 2013.
The peers of Kanchan International by revenue are Powernetics Equipment (India) Private Limited, BN Led Lights Private Limited, Spectrum Uv Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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