- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-26-0045787

About Kaynet Capital Limited
Data last updated:
Kaynet Capital Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PLC086671. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Girish Digamber Kulkarni (Whole-Time Director) and Shankar Pandurang Mane.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 24B 1st Floor Khatau Bldg A D Modi Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹94,101 (net margin 35.3%) and EBITDA of ₹1.88 Lakh (EBITDA margin 70.3%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.13 Cr on record. Court records list 31 cases involving the company, including 16 filed by the company and 15 filed against it; 6 cases are pending.
Kaynet Capital Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0045787). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kaynetgroup.com.
Company details
Recognitions & Rankings of Kaynet Capital
Contact details
Kaynet Capital Limited's registered office is in Mumbai, Maharashtra. Its website is kaynetgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address24B 1st Floor Khatau Bldg A D Modi Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Kaynet Capital 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 Kaynet Capital is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Kaynet Capital Limited, buy the company report.
Financials of Kaynet Capital Limited
FY 2025 filings availableKaynet Capital Limited reported revenue of ₹2.67 Lakh (up 857% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 857% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. EBITDA rose 105% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.88 Lakh | ||||
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| Net Profit (PAT) | ₹94,101 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 70.3% | ||||
| Net Profit Margin | 35.3% | ||||
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To see the full financial statements and ratios of Kaynet Capital Limited, buy the company report.
Board of directors of Kaynet Capital Limited
Kaynet Capital has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Digamber Kulkarni | Whole-Time Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Shankar Pandurang Mane Also directs: Kaynet Finance Limited | Director | 04 Dec 2009 | 16 Years 10 Months | Current |
| Amit Arvindkumar Shah Also directs: Kaynet Finance Limited | Additional Director | 31 Dec 2021 | 4 Years 10 Months | Current |
| Sanjay Arvind Shah | Director | 29 May 1999 | 27 Years 5 Months | Current |
| Paresh Arvindlal Shah | Director | 16 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Kaynet Capital Limited is audited by P R GUJARATHI & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R GUJARATHI & COMPANY | FY 2021 | 144218W |
Shareholding
The shareholding of Kaynet Capital Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kaynet Capital Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2016 | 100026428 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 06 Aug 2013 | 10447527 | Hdfc Bank Limited | ₹3.13 Cr | Open |
To see the full charge records of Kaynet Capital Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kaynet Capital Limited has 31 court cases on record: 16 filed by Kaynet Capital, 15 filed against it. 6 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 8 | 5 |
| High courts | 10 | 6 | 1 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Kaynet Finance Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Verona Capital Limited and 4 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Verona Capital Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Verona Capital Limited and 4 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against BSE Limited and Anr | Disposed |
To see the full case history of Kaynet Capital 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 Kaynet Capital Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kaynet Capital Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kaynet Capital has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kaynet Capital Limited, buy the company report.
Recent activity
Kaynet Capital Limited has 15 board changes on record since 1999: 5 appointments and 10 cessations. The latest: Amit Arvindkumar Shah was appointed as Additional Director on 31 Dec 2021.
9 earlier events are in the company report.
Frequently asked questions
Kaynet Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 March 1995 (31+ years old) and is registered under CIN U67190MH1995PLC086671.
Kaynet Capital has 5 current directors:
- Girish Digamber Kulkarni - Whole-Time Director
- Shankar Pandurang Mane - Director
- Amit Arvindkumar Shah - Additional Director
- Sanjay Arvind Shah - Director
- Paresh Arvindlal Shah - Director
The latest financial statements of Kaynet Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Kaynet Capital has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kaynet Capital is U67190MH1995PLC086671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaynet Capital has 31 court cases on record: 16 filed by the company and 15 filed against it. 6 are pending. Most are in the district courts.
Kaynet Capital was incorporated on 21 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Amit Arvindkumar Shah was appointed as Additional Director on 31 Dec 2021. Chetan Ajitkumar Shah ceased to be Director on 31 Dec 2021. Girish Digamber Kulkarni ceased to be Whole-Time Director on 15 Dec 2019. Kaynet Capital has 15 board changes on record in total.
Yes, Kaynet Capital is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0045787).
Kaynet Capital can be reached through the website kaynetgroup.com. Its registered office is in Mumbai, Maharashtra, India.

