About Kings Electronics Private Limited
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Kings Electronics Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 25 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51395MH1999PTC117996. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹14.98 Cr. It is led by directors Ricky Laxman Sukheja and Haresh Laxman Sukheja.
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 Eden Garden Office No. 301 – 304 3rd Floor Near Sai Baba Mandir Takka, Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹93.32 Lakh (net margin 97.7%) and EBITDA of ₹93.32 Lakh (EBITDA margin 97.7%).
The company has about 101 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹316.26 Cr and satisfied charges of ₹16.48 Cr on record. Court records list 112 cases involving the company, including 3 filed by the company and 109 filed against it; 36 cases are pending. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹9.97 Cr; the latest was in March 2018. Its 3 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 3 larger; the largest is Tranfotech India Private Limited with revenue of ₹95.66 Lakh.
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 kingselectronics.in.
Company details
CIN history
Kings Electronics has one previous CIN (Corporate Identification Number): U99999MH1999PTC117996. The current CIN is U51395MH1999PTC117996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51395MH1999PTC117996 | Current |
| U99999MH1999PTC117996 | Previous |
Contact details
Kings Electronics Private Limited's registered office is in Panvel, Maharashtra. Its website is kingselectronics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEden Garden Office No. 301 – 304 3rd Floor Near Sai Baba Mandir Takka, Panvel, Maharashtra, India – 410206
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Kings Electronics 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
Financials of Kings Electronics Private Limited
FY 2024 filings availableKings Electronics Private Limited reported revenue of ₹95.52 Lakh (up 194% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 194% in the latest year. EBITDA rose 908% in the latest 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 | ₹93.32 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹93.32 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 | 97.7% | ||||
| Net Profit Margin | 97.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kings Electronics Private Limited, buy the company report.
Board of directors of Kings Electronics Private Limited
Kings Electronics has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ricky Laxman Sukheja Also directs: Hayaansh Opticals Private Limited | Additional Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Haresh Laxman Sukheja Also directs: Hayaansh Opticals Private Limited | Additional Director | 14 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Kings Electronics Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tranfotech India Private Limited | ₹95.66 Lakh (FY 2025) | -80.0% | New Delhi, Delhi, India | |||
| Sree Dhanalakshmi Enterprises Private Limited | ₹95.58 Lakh (FY 2025) | -84.0% | Thrissur, Kerala, India | |||
| Frostfire Tronics Private Limited | ₹95.53 Lakh (FY 2025) | 37.0% | Palghar, Maharashtra, India | |||
| Kings Electronics Private Limitedthis company | ₹95.52 Lakh (FY 2024) | ₹93.32 Lakh | 97.7% | 194.0% | 101 | Panvel, Maharashtra, India |
To see the full peer comparison of Kings Electronics Private Limited, buy the company report.
Shareholding
The shareholding of Kings Electronics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kings Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2017 | 100146569 | Others | ₹5 Cr | Open | |
| 28 Sep 2017 | 100149378 | Others | ₹22 Cr | Open | |
| 26 Sep 2017 | 100149005 | Others | ₹22 Cr | Open | |
| 09 Jun 2017 | 100107929 | State Bank of India | ₹6.16 Cr | Open | |
| 07 Feb 2017 | 100077093 | Others | ₹1.96 Cr | Open |
To see the full charge records of Kings Electronics Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Kings Electronics Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹9.97 Cr; the latest was in March 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹5 Cr | Investors: 3 individuals |
| Dec 2015 | Funding round | ₹3.78 Cr | Investors: 4 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2014 | Funding round | ₹5.2 Cr | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹75 Lakh | Investors: 4 individuals |
To see the full deal history of Kings Electronics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kings Electronics Private Limited has 112 court cases on record: 3 filed by Kings Electronics, 109 filed against it. 36 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 106 | 35 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 112)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by Edelweiss Asset Reconstruction Company Limited Through Their Authorized Officer Ms Pranika Bhatia | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Eureka Forbes Limited | Pending |
To see the full case history of Kings Electronics 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 Kings Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kings Electronics Private Limited has a workforce of 101 employees on its EPFO records as of Nov 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 101 |
| FY 2016-17 |
To see the full employee and EPFO history of Kings Electronics Private Limited, buy the company report.
GST
Kings Electronics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kings Electronics Private Limited, buy the company report.
Recent activity
Kings Electronics Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Ashok Vasumal Jashnani ceased to be Director on 14 Sep 2023.
51 earlier events are in the company report.
Frequently asked questions
Kings Electronics is an active private limited company based in Panvel, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 25 January 1999 (27+ years old) and is registered under CIN U51395MH1999PTC117996.
Kings Electronics has 2 current directors:
- Ricky Laxman Sukheja - Additional Director
- Haresh Laxman Sukheja - Additional Director
The latest financial statements of Kings Electronics 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.
No. Kings Electronics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kings Electronics is U51395MH1999PTC117996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kings Electronics has 112 court cases on record: 3 filed by the company and 109 filed against it. 36 are pending. Most are in the district courts.
Kings Electronics was incorporated on 25 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Kings Electronics has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹9.97 Cr; the latest was in March 2018.
The peers of Kings Electronics by revenue are Tranfotech India Private Limited, Sree Dhanalakshmi Enterprises Private Limited, Frostfire Tronics Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (retail trading).
Ashok Vasumal Jashnani ceased to be Director on 14 Sep 2023. Haresh Laxman Sukheja was appointed as Additional Director on 14 Sep 2023. Ishwar Vasumal Jashnani ceased to be Director on 14 Sep 2023. Kings Electronics has 9 board changes on record in total.
Kings Electronics can be reached through the website kingselectronics.in. Its registered office is in Panvel, Maharashtra, India.
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