Kay Aar Textiles Pvt Ltd
About Kay Aar Textiles Pvt Ltd
Data last updated:
Kay Aar Textiles Pvt Ltd is a private limited company based in Surat, Gujarat, 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 textile weaving segment of the textiles sector. It was incorporated on 19 September 1985.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17114GJ1985PTC008111.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors Mukulkumar Kishorbhai Vashee and Rakesh Kishorebhai Vashee.
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 Plot No 5416 Shreeji Steel Gali Road No. 54 GIDC Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.6 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Lakh (net margin 61.9%) and EBITDA of ₹17.6 Lakh (EBITDA margin 89.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹17.64 Lakh on record.
Company details
Contact details
Kay Aar Textiles Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 5416 Shreeji Steel Gali Road No. 54 GIDC Sachin, Surat, Gujarat, India – 394230
- IndustryTextile, Textile Weaving, Man Made Fiber, Spinning & Weaving
To see the full contact details of Kay Aar Textiles Pvt Ltd, 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 Kay Aar Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Kay Aar Textiles Pvt Ltd, buy the company report.
Financials of Kay Aar Textiles Pvt Ltd
FY 2024 filings availableKay Aar Textiles Pvt Ltd reported revenue of ₹19.6 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 9% 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 | ₹17.6 Lakh | ||||
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| Net Profit (PAT) | ₹12.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 89.8% | ||||
| Net Profit Margin | 61.9% | ||||
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To see the full financial statements and ratios of Kay Aar Textiles Pvt Ltd, buy the company report.
Board of directors of Kay Aar Textiles Pvt Ltd
Kay Aar Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukulkumar Kishorbhai Vashee | Director | 19 Sep 1985 | 41 Years 1 Months | As last reported |
| Rakesh Kishorebhai Vashee | Director | 26 Oct 2000 | 26 Years 0 Months | As last reported |
Auditor
Kay Aar Textiles Pvt Ltd is audited by NIRAV DESAI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV DESAI & CO. | FY 2017 | 116592W |
Shareholding
The shareholding of Kay Aar Textiles Pvt Ltd 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 Kay Aar Textiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 1987 | 90105590 | Banara Bank | ₹2.1 Lakh | Satisfied | |
| 28 Apr 1987 | 90104411 | Gujarat State Financial Corporation | ₹15.54 Lakh | Satisfied |
To see the full charge records of Kay Aar Textiles Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Kay Aar Textiles Pvt Ltd 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 Kay Aar Textiles Pvt Ltd; 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 Kay Aar Textiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kay Aar Textiles Pvt Ltd has 2 board changes on record since 1985: 2 appointments. The latest: Rakesh Kishorebhai Vashee was appointed as Director on 26 Oct 2000.
Frequently asked questions
Kay Aar Textiles 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.
Kay Aar Textiles is a company under liquidation, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in textile weaving, within the textile industry. It was incorporated on 19 September 1985 and is registered under CIN U17114GJ1985PTC008111. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kay Aar Textiles has 2 current directors:
- Mukulkumar Kishorbhai Vashee - Director
- Rakesh Kishorebhai Vashee - Director
The latest financial statements of Kay Aar Textiles 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 CIN (Corporate Identification Number) of Kay Aar Textiles is U17114GJ1985PTC008111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kay Aar Textiles has no open charges and satisfied charges of ₹17.64 Lakh as per latest MCA filings.
Kay Aar Textiles was incorporated on 19 September 1985. It is registered with the Registrar of Companies, Ahmedabad.
Rakesh Kishorebhai Vashee was appointed as Director on 26 Oct 2000. Mukulkumar Kishorbhai Vashee was appointed as Director on 19 Sep 1985.
The registered office of Kay Aar Textiles is at Plot No 5416 Shreeji Steel Gali Road No. 54 GIDC Sachin, Surat, Gujarat, India – 394230.
Kay Aar Textiles operates in the textile industry, in the textile weaving segment.
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