King Yarns Private Limited
Manufactures cotton yarn with a capacity of 20064 metric tons per annum since 2015 in Surat, Gujarat.
2015 | Surat, Gujarat (India) | Active
King Yarns Profile
Key Indicators
- Authorised Capital ₹ 17.10 Cr
- Paid Up Capital ₹ 17.00 Cr
- Company Age 9 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 124.80 Cr
- Satisfied Charges ₹ 134.22 Cr
- Revenue Growth -11.59%
- Profit Growth -189.49%
- Ebitda -57.03%
- Net Worth -13.09%
- Total Assets -11.30%
About King Yarns
King Yarns Private Limited (KYPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 2015 (Nine years and 11 months 28 days old ). Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 17.10 Cr and a paid-up capital of Rs 17.00 Cr.
The company currently has active open charges totaling ₹124.80 Cr. The company has closed loans amounting to ₹134.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jinabhai Kukadiya, Pravinbhai Dakhra, Jigneshkumar Goyani, and Two other members serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17100GJ2015PTC083532
- Company No.
083532
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
King Yarns Private Limited
Explore comprehensive data for King Yarns Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at King Yarns?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jinabhai Kukadiya  | Director | 15-Jun-2015 | Current |
| Pravinbhai Dakhra | Director | 15-Jun-2015 | Current |
| Jigneshkumar Goyani | Director | 15-Jun-2015 | Current |
| Bharatbhai Gangani | Director | 15-Jun-2015 | Current |
| Shambhubhai Dakhara | Director | 15-Jun-2015 | Current |
Financial Performance of King Yarns.
King Yarns Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.59% decrease. The company also saw a substantial fall in profitability, with a 189.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of King Yarns?
In 2023, King Yarns had a promoter holding of 52.67% and a public holding of 47.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ambuja Ginning Pressing And Oil Company Pvt Ltd
Jinabhai Kukadiya is a mutual person
- Sarjan Minerals Llp
Pravinbhai Dakhra is a mutual person
- Sarjan Cotex Private Limited
Pravinbhai Dakhra is a mutual person
- Solex Green Energy Private Limited
Pravinbhai Dakhra is a mutual person
- Kingchem Lifescience Private Limited
Jigneshkumar Goyani is a mutual person
Charges (Loans)
Open Charges
₹124.80 Cr
Satisfied Charges
₹134.22 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 121.52 Cr
- The South Indian Bank Limited : 3.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | The South Indian Bank Limited | ₹3.28 Cr | Open |
| 29 Nov 2021 | Hdfc Bank Limited | ₹59.04 Cr | Open |
| 31 Jul 2020 | Hdfc Bank Limited | ₹62.48 Cr | Open |
| 23 Jan 2020 | Indian Bank | ₹1.20 Cr | Satisfied |
| 14 Jul 2016 | Indian Bank | ₹61.56 Cr | Satisfied |
How Many Employees Work at King Yarns?
King Yarns has a workforce of 37 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of King Yarns, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped King Yarns's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on King Yarns
Recent activity within the organization
- Annual General Meeting
King Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
King Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 62.48 Cr registered on 31 Jul 2020 with Charge ID 100355419 was modified on 30 Oct 2023.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 3.28 Cr with Charge ID 100796389 was registered on 10 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 59.04 Cr with Charge ID 100510046 was registered on 29 Nov 2021.
- Charges
A charge registered on 23 Jan 2020 via Charge ID 100320927 with Indian Bank was fully satisfied on 09 Sep 2021.
Frequently asked questions
What is the Incorporation or founding date of King Yarns Private Limited?
King Yarns Private Limited was incorporated on 15 Jun 2015.
What is authorized share capital and paid-up capital of King Yarns Private Limited?
The authorized share capital of King Yarns Private Limited is ₹ 17.10 Cr and paid-up capital is ₹ 17.00 Cr.
Who are the current board members & directors of King Yarns Private Limited?
Currently 5 directors are associated with King Yarns Private Limited.
- Jinabhai Parshotambhai Kukadiya
- Pravinbhai Shavjibhai Dakhra
- Jigneshkumar Gordhanbhai Goyani
- Bharatbhai Pravinbhai Gangani
- Shambhubhai Ranchhodbhai Dakhara
What is the registered address of King Yarns Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of King Yarns Private Limited is Block No. 2098/2/1 Vill. Tadkeshwar Nr. Naroli Patiya Kim Mandvi Road Tal. Mandvi, India, Surat, Gujarat, 394170.
What is the corporate identification number (CIN) and company number of King Yarns Private Limited?
The corporate identification number (CIN) of King Yarns Private Limited is U17100GJ2015PTC083532 and the company number is 083532 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for King Yarns Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for King Yarns Private Limited has fallen by -11.59%.
How many employees does King Yarns Private Limited currently have?
As Per 2023 financial reports, 37 employees are currently employed by King Yarns Private Limited.
What change has been observed in the net worth of King Yarns Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of King Yarns Private Limited has experienced an downturn of -13.09%.
What are the total open charges for King Yarns Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for King Yarns Private Limited amount to ₹ 124.80 Cr.
When was the last Balance Sheet of King Yarns Private Limited filed with the ROC?
The most recent Balance Sheet for King Yarns Private Limited was filed with the ROC on 31 Mar 2024.
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