About K-Mark Bizsol Private Limited
Data last updated:
K-Mark Bizsol Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 22 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ2015PTC084559. Its GSTIN is 32AAFCK9462L1Z5 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Upendrabhai Bhagvanjibhai Kasundra and Bhagvanjibhai Devjibhai Kasundra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Office No. 3 First Floor Ceramic Plaza 1, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.54 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹1.92 Cr (net margin -14.2%) and EBITDA of -₹1.82 Cr (EBITDA margin -13.5%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹29 Lakh on record. Court records list 15 cases involving the company, including 3 filed by the company and 13 filed against it; 8 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 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 k-markgroup.com.
Company details
Contact details
K-Mark Bizsol Private Limited's registered office is in Morbi, Gujarat. Its website is k-markgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 3 First Floor Ceramic Plaza 1, Morbi, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of K-Mark Bizsol 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 K-Mark Bizsol is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of K-Mark Bizsol Private Limited, buy the company report.
Financials of K-Mark Bizsol Private Limited
FY 2019 filings availableK-Mark Bizsol Private Limited reported revenue of ₹13.54 Cr (up 35% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹13.54 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.82 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.92 Cr | |||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -13.5% | |||
| Net Profit Margin | -14.2% | |||
| 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 | ||||
To see the full financial statements and ratios of K-Mark Bizsol Private Limited, buy the company report.
Board of directors of K-Mark Bizsol Private Limited
K-Mark Bizsol has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upendrabhai Bhagvanjibhai Kasundra Also directs: Relatents Technologies LLP, Tomaat Food Private Limited | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
| Bhagvanjibhai Devjibhai Kasundra Also directs: Lord Shiva Retreat Private Limited | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
Auditor
K-Mark Bizsol Private Limited is audited by S R OGANAJA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R OGANAJA & CO | FY 2019 | 137727W |
Shareholding
The shareholding of K-Mark Bizsol Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of K-Mark Bizsol Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2016 | 100036615 | Canara Bank | ₹29 Lakh | Satisfied |
To see the full charge records of K-Mark Bizsol Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
K-Mark Bizsol Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
K-Mark Bizsol Private Limited has 15 court cases on record: 3 filed by K-Mark Bizsol, 13 filed against it. 8 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 6 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (CR A) | Filed against the company by Rohit Chaturbhai Kavar - Director of K-Mark Bizsol Pvt Ltd | Pending |
| District court, MORBI, Gujarat | Court case (CR A) | Filed by the company against Kera Vitrified LLP - Vivek Bhimjibhai Godhaviya - and 2 others | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Satish Jayntilal Vadsola Director of Savino Granito Pvt. Ltd. C.A. - 14,63,462 | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Bhalodiya Ashok Tapubhai Hawk Granito Pvt Ltd C.A.2837147/- | Pending |
| District court, MORBI, Gujarat | Court case (EXE S) | Filed against the company by Director of Kripton Granito Pvt. Ltd. Hareshbhai Bhagvanjibhai Kakaniya | Disposed |
To see the full case history of K-Mark Bizsol 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 K-Mark Bizsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K-Mark Bizsol Private Limited has a workforce of 19 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
K-Mark Bizsol has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCK9462L1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K-Mark Bizsol Private Limited, buy the company report.
Recent activity
K-Mark Bizsol Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Rohit Chaturbhai Kavar ceased to be Director on 15 Oct 2019.
Frequently asked questions
K-Mark Bizsol is an active private limited company based in Morbi, Gujarat, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 22 September 2015 (11+ years old) and is registered under CIN U51101GJ2015PTC084559.
K-Mark Bizsol has 2 current directors:
- Upendrabhai Bhagvanjibhai Kasundra - Director
- Bhagvanjibhai Devjibhai Kasundra - Director
The latest financial statements of K-Mark Bizsol on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of K-Mark Bizsol is 32AAFCK9462L1Z5, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of K-Mark Bizsol is U51101GJ2015PTC084559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K-Mark Bizsol has 15 court cases on record: 3 filed by the company and 13 filed against it. 8 are pending. Most are in the district courts.
K-Mark Bizsol was incorporated on 22 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
K-Mark Bizsol has 1 deal on record (1 secondary share transfer); the latest was in September 2017.
Rohit Chaturbhai Kavar ceased to be Director on 15 Oct 2019. Dipakkumar Chaturbhai Kavar ceased to be Director on 25 Sep 2017. Bhagvanjibhai Devjibhai Kasundra was appointed as Director on 22 Sep 2015. K-Mark Bizsol has 6 board changes on record in total.
K-Mark Bizsol can be reached through the website k-markgroup.com. Its registered office is in Morbi, Gujarat, India.