Kaveri Piping Systems Private Limited
About Kaveri Piping Systems Private Limited
Data last updated:
Kaveri Piping Systems Private Limited is a private limited company based in Kanakapura, Karnataka, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 01 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1997PTC022065. Its GSTIN is 29AACCK6774G1Z5 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.55 Lakh. It is led by directors Vineet Daga and Vikas Kumar Daga.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kanakapura, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.03 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.39 Lakh (net margin 2.1%) and EBITDA of ₹28.79 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 31% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kaveri Piping Systems Private Limited's registered office is in Kanakapura, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor 263A 2nd Phase Industrial Area, Harohalli, Kanakapura, Karnataka, India – 562117
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Kaveri Piping Systems 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 Kaveri Piping Systems 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 Kaveri Piping Systems Private Limited, buy the company report.
Financials of Kaveri Piping Systems Private Limited
FY 2024 filings availableKaveri Piping Systems Private Limited reported revenue of ₹5.03 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.79 Lakh | ||||
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| Net Profit (PAT) | ₹10.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Kaveri Piping Systems Private Limited, buy the company report.
Board of directors of Kaveri Piping Systems Private Limited
Kaveri Piping Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Daga Also directs: Mid-East Petrochemicals Limited, Gangotri Pipes Private Limited | Director | 26 Aug 2015 | 11 Years 2 Months | Current |
| Vikas Kumar Daga | Director | 31 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Kaveri Piping Systems Private Limited is audited by SRINAGA & GIRIDHARAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINAGA & GIRIDHARAN | FY 2023 | 004013S |
Shareholding
The shareholding of Kaveri Piping Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kaveri Piping Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2023 | 100914029 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 23 Mar 2010 | 10211131 | State Bank of Hyderabad | ₹25 Lakh | Open | |
| 26 Jun 2006 | 10013399 | State Bank of Hyderabad | ₹25 Lakh | Open |
To see the full charge records of Kaveri Piping Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kaveri Piping Systems Private Limited has 4 court cases on record: 2 filed by Kaveri Piping Systems, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Aerolex Cable Net | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Kaveri Piping Systems 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 Kaveri Piping Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kaveri Piping Systems Private Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kaveri Piping Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK6774G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kaveri Piping Systems Private Limited, buy the company report.
Recent activity
Kaveri Piping Systems Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Rakesh Kumar Daga ceased to be Managing Director on 31 Aug 2021.
Frequently asked questions
Kaveri Piping Systems is an active private limited company based in Kanakapura, Karnataka, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 01 April 1997 (29+ years old) and is registered under CIN U25209KA1997PTC022065.
Kaveri Piping Systems has 2 current directors:
- Vineet Daga - Director
- Vikas Kumar Daga - Director
The latest financial statements of Kaveri Piping Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kaveri Piping Systems is 29AACCK6774G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Kaveri Piping Systems is U25209KA1997PTC022065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaveri Piping Systems has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Kaveri Piping Systems was incorporated on 01 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Rakesh Kumar Daga ceased to be Managing Director on 31 Aug 2021. Rashmi Daga ceased to be Director on 31 Aug 2021. Vikas Kumar Daga was appointed as Director on 31 Aug 2021. Kaveri Piping Systems has 5 board changes on record in total.
The registered office of Kaveri Piping Systems is at 1st Floor 263A 2nd Phase Industrial Area, Harohalli, Kanakapura, Karnataka, India – 562117.
Kaveri Piping Systems operates in the agriculture industry, in the agri machinery and equipment segment.
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