Kenshine Solutions Private Limited
About Kenshine Solutions Private Limited
Data last updated:
Kenshine Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 20 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65191KA2015PTC079400. Its GSTIN is 29AAFCK7808L1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Param Manikchand Saklecha and Deepa Param Saklecha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.45 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Lakh (net margin -34.9%) and EBITDA of -₹1.55 Lakh (EBITDA margin -34.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#39 2nd Floor Sreepuram Adi'S Complex Opp.Ganesh Bhavan 3rd Main 4th Cross Hanumanth Nag, Ar, Bangalore, Karnataka, India – 560019
- IndustryFinancial Services, Bank Intermediatories, Monetary Intermediation
- 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
- One PDF report, delivered after checkout
Business Activity of Kenshine Solutions Private Limited
The main business activity of Kenshine Solutions is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kenshine Solutions Private Limited FY 2020 filings available
Kenshine Solutions Private Limited reported revenue of ₹4.45 Lakh (down 84% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Kenshine Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 84% fall in the latest year. EBITDA rose 2% 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 of Kenshine Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.45 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.55 Lakh | •••• | •••• | •••• | •••• |
| 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 of Kenshine Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -34.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kenshine Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kenshine Solutions Private Limited
Kenshine Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial and Credit leasing activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divashree Micro Credit Foundation | ₹4.57 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Moradabad, Uttar Pradesh, India |
| Bardanwala Leasing and Finance Private Limited | ₹4.57 Lakh (FY 2025) | •••• | •••• | •••• | Jamnagar, Gujarat, India | |
| E R Micro Finance | ₹4.53 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Bharatpur, Rajasthan, India |
| Maxwell Leasing and Finance Private Limited | ₹4.52 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Delhi, India |
| Subhushan Investments Private Limited | ₹4.48 Lakh (FY 2023) | •••• | •••• | 40.0% | •••• | Navin Shahdara, Delhi, India |
| Kenshine Solutions Private Limited this company | ₹4.45 Lakh (FY 2020) | •••• | •••• | -84.0% | •••• | Bangalore, Karnataka, India |
| Manokram Nidhi Limited | ₹4.41 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Belgaum, Karnataka, India |
| Ishani Finserv Private Limited | ₹4.41 Lakh (FY 2023) | •••• | •••• | 461.0% | •••• | Indore, Madhya Pradesh, India |
| Prayagutsav Microcredit Private Limited | ₹4.36 Lakh (FY 2022) | •••• | •••• | 5.0% | •••• | Varanasi, Uttar Pradesh, India |
| Midland India Pvt Ltd | ₹4.33 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Shubhangan Micro Foundation | ₹4.31 Lakh (FY 2024) | •••• | •••• | •••• | Sonipat, Haryana, India |
Peers are the five companies nearest above and the five nearest below Kenshine Solutions by revenue in the same principal business activity (Financial and Credit leasing activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Kenshine Solutions Private Limited
Kenshine Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Param Manikchand Saklecha | Director | 20 Mar 2015 | 11 Years 6 Months | Current |
| Deepa Param Saklecha | Director | 20 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Kenshine Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kenshine Solutions Private Limited
Kenshine Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kenshine Solutions Private Limited
Employment history and EPFO contributions of people linked to Kenshine Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kenshine Solutions Private Limited
Kenshine Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Deepa Param Saklecha was appointed as Director on 20 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Kenshine Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kenshine Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kenshine Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kenshine Solutions Private Limited
Kenshine Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK7808L1ZY | Karnataka | Active | 22 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kenshine Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kenshine Solutions Private Limited
Kenshine Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 20 March 2015 (11+ years old) and is registered under CIN U65191KA2015PTC079400.
Kenshine Solutions reported revenue of ₹4.45 Lakh for FY 2020 (down 84% YoY).
Kenshine Solutions has 2 current directors:
- Param Manikchand Saklecha - Director
- Deepa Param Saklecha - Director
Kenshine Solutions reported a net loss of ₹1.55 Lakh (net margin -34.9%) and EBITDA of -₹1.55 Lakh (EBITDA margin -34.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kenshine Solutions is -38% over three years. In the latest year (FY 2020) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kenshine Solutions is 29AAFCK7808L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Kenshine Solutions is U65191KA2015PTC079400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kenshine Solutions was incorporated on 20 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kenshine Solutions by revenue are Divashree Micro Credit Foundation, Bardanwala Leasing and Finance Private Limited, E R Micro Finance, Maxwell Leasing and Finance Private Limited, Subhushan Investments Private Limited and 5 more, all in the same principal business activity (Financial and Credit leasing activities).
Deepa Param Saklecha was appointed as Director on 20 Mar 2015. Param Manikchand Saklecha was appointed as Director on 20 Mar 2015.
The registered office of Kenshine Solutions is at #39 2nd Floor Sreepuram AdiS Complex Opp.Ganesh Bhavan 3rd Main 4th Cross Hanumanth Nag, Ar, Bangalore, Karnataka, India – 560019.