About Kites Corporate Services Private Limited
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Kites Corporate Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Indi Yuva Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2010PTC056411. Its GSTIN is 29AAFCR0941K1Z5 (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹31.6 Cr and a paid-up capital of ₹24.45 Cr. It was formerly known as Robemall Apparels Private Limited. It is led by directors Krishnan Narayanswamy and Yugandhar Jagadish.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.92 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹11.53 Lakh (net margin 6%) and EBITDA of ₹12.39 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 8% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zovi.com. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹184.82 Cr; the latest was in December 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitescorporate.com.
Company details
Contact details
Kites Corporate Services Private Limited's registered office is in Bangalore, Karnataka. Its website is kitescorporate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 252 14th A Cross Road Yelahanka New Town, Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Kites Corporate Services 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
Business activity
The main business activity of Kites Corporate Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Kites Corporate Services Private Limited, buy the company report.
Financials of Kites Corporate Services Private Limited
FY 2024 filings availableKites Corporate Services Private Limited reported revenue of ₹1.92 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 15% 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 | ₹12.39 Lakh | ||||
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| Net Profit (PAT) | ₹11.53 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 | 6.5% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Kites Corporate Services Private Limited, buy the company report.
Board of directors of Kites Corporate Services Private Limited
Kites Corporate Services has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Narayanswamy Also directs: SDX Partners LLP, Fungised Solutions Private Limited, Zivanti Clothing Private Limited and 5 more | Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Yugandhar Jagadish | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Kites Corporate Services Private Limited is audited by Sacheen K Patil for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sacheen K Patil | FY 2022 |
Shareholding
The shareholding of Kites Corporate Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kites Corporate Services Private Limited, buy the company report.
Deals & funding
Kites Corporate Services Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹184.82 Cr; the latest was in December 2017.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Funding round | ₹9.9 Cr | Investors: 4 individuals |
| Jan 2015 | Funding round | ₹63.5 Cr | Investors: Indi Yuva Ltd |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Kites Corporate Services 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
Kites Corporate Services Private Limited has 1 court case on record: 1 filed by Kites Corporate Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Kites Corporate Services 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 Kites Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kites Corporate Services Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kites Corporate Services has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCR0941K1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kites Corporate Services Private Limited, buy the company report.
Recent activity
Kites Corporate Services Private Limited has 18 board changes on record since 2011: 2 appointments and 16 cessations. The latest: Krishnan Narayanswamy ceased to be Additional Director on 30 Sep 2022.
9 earlier events are in the company report.
Frequently asked questions
Kites Corporate Services is an active private limited company based in Bangalore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 December 2010 (16+ years old) and is registered under CIN U18101KA2010PTC056411.
Kites Corporate Services has 2 current directors:
- Krishnan Narayanswamy - Director
- Yugandhar Jagadish - Director
The latest financial statements of Kites Corporate Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kites Corporate Services is 29AAFCR0941K1Z5, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kites Corporate Services is U18101KA2010PTC056411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kites Corporate Services has 1 court case on record: 1 filed by the company.
Kites Corporate Services was incorporated on 29 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Kites Corporate Services has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹184.82 Cr; the latest was in December 2017.
Krishnan Narayanswamy ceased to be Additional Director on 30 Sep 2022. Manjunath Venkatesh ceased to be Director on 28 Mar 2022. Pandiparthi Manjunathreddy ceased to be Director on 28 Mar 2022. Kites Corporate Services has 18 board changes on record in total.
Kites Corporate Services can be reached through the website kitescorporate.com. Its registered office is in Bangalore, Karnataka, India.
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