Kandovin Private Limited
About Kandovin Private Limited
Data last updated:
Kandovin Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 12 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24230KA2016PTC093140. Its GSTIN is 29AAGCK2216F1ZQ (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Pradeep and Pradeep Jeothi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.13 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.82 Lakh (net margin 13.2%) and EBITDA of ₹7.91 Lakh (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 155% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kandovin Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#198 Cmh Road 2nd Floor Suite # 240, Indira Nagar, Bangalore, Karnataka, India – 560038
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Kandovin 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 Kandovin is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Kandovin Private Limited, buy the company report.
Financials of Kandovin Private Limited
FY 2023 filings availableKandovin Private Limited reported revenue of ₹59.13 Lakh (up 246% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 246% growth in the latest year. EBITDA rose 32% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹7.91 Lakh | ||||
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| Net Profit (PAT) | ₹7.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 13.2% | ||||
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To see the full financial statements and ratios of Kandovin Private Limited, buy the company report.
Board of directors of Kandovin Private Limited
Kandovin 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 |
|---|---|---|---|---|
| Nikhil Pradeep Also directs: Anugraha Pharma Private Limited, Vasudeva Vilasam Herbal Remedies Private Limited, Aanantapadmanabha Nidhi Limited and 2 more | Director | 12 May 2016 | 10 Years 5 Months | Current |
| Pradeep Jeothi Also directs: Deerkh Ayush Hospitals LLP, Anugraha Pharma Private Limited, Vasudeva Vilasam Herbal Remedies Private Limited and 3 more | Director | 12 May 2016 | 10 Years 5 Months | Current |
Auditor
Kandovin Private Limited is audited by SRIDHAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIDHAR & CO | FY 2019 | 003978S |
Shareholding
The shareholding of Kandovin Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kandovin Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kandovin Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kandovin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kandovin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK2216F1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kandovin Private Limited, buy the company report.
Recent activity
Kandovin Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Karthik Bhaskaran ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Kandovin is an active private limited company based in Bangalore, Karnataka, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 12 May 2016 (10+ years old) and is registered under CIN U24230KA2016PTC093140.
Kandovin has 2 current directors:
- Nikhil Pradeep - Director
- Pradeep Jeothi - Director
The latest financial statements of Kandovin on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kandovin is 29AAGCK2216F1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Kandovin is U24230KA2016PTC093140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandovin was incorporated on 12 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Karthik Bhaskaran ceased to be Additional Director on 30 Sep 2017. Nikhil Pradeep was appointed as Director on 12 May 2016. Pradeep Jeothi was appointed as Director on 12 May 2016.
The registered office of Kandovin is at #198 Cmh Road 2nd Floor Suite # 240, Indira Nagar, Bangalore, Karnataka, India – 560038.
Kandovin operates in the healthcare industry, in the ayurvedic products and services segment.
The compliance status of Kandovin is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.