About Kolmeks India Private Limited
Data last updated:
Kolmeks India Private Limited was a foreign private limited company based in Delhi, India, operated as a subsidiary of Kolmeks Estonia As. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 December 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U28112DL2016FTC309549. Its GSTIN is 07AAGCK3953K1Z7 (Delhi). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.37 Cr. It was led by directors including Jyrki Olavi Vesaluoma and Chintan Keshavbhai Dhamecha.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 303 3rd Floor Rohini Complex, Shakarpur Delhi, Delhi, India – 110092.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.92 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹78.67 Lakh (net margin 5.7%) and EBITDA of ₹1.69 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 214% over five years.
Its group structure included 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is kolmeks.com.
Company details
Contact details
Kolmeks India Private Limited's registered office is in Delhi, Delhi. Its website is kolmeks.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address303 3rd Floor Rohini Complex, Shakarpur Delhi, Delhi, India – 110092
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Kolmeks India 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 Kolmeks India Private Limited
FY 2023 filings availableKolmeks India Private Limited reported revenue of ₹13.92 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 214% over five years, including 16% growth in the latest year. EBITDA rose 130% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78.67 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kolmeks India Private Limited, buy the company report.
Board of directors of Kolmeks India Private Limited
Kolmeks India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyrki Olavi Vesaluoma Also directs: Kolmeks (Gujarat) Manufacturing Private Limited | Director | 24 May 2019 | 7 Years 5 Months | As last reported |
| Chintan Keshavbhai Dhamecha Also directs: Kolmeks (Gujarat) Manufacturing Private Limited | Director | 12 May 2023 | 3 Years 5 Months | As last reported |
| Leho Haldna Also directs: Kolmeks (Gujarat) Manufacturing Private Limited | Director | 22 Dec 2016 | 9 Years 10 Months | As last reported |
Peer comparison
Kolmeks India Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanz Powertechs Private Limited | ₹13.97 Cr (FY 2025) | 1.0% | Shahapur, Maharashtra, India | |||
| Proto Machine Tools Manufacturing Company Private Limited | ₹13.95 Cr (FY 2017) | 1150.0% | Mumbai, Maharashtra, India | |||
| MSP Ventures Private Limited | ₹13.95 Cr (FY 2024) | 10.0% | Maheshwar, Madhya Pradesh, India | |||
| Pamp Precision Manufacturing India Private Limited | ₹13.94 Cr (FY 2025) | -1.0% | Sohna, Haryana, India | |||
| Pet Metal Private Limited | ₹13.92 Cr (FY 2018) | -41.0% | Vadodara, Gujarat, India | |||
| Kolmeks India Private Limitedthis company | ₹13.92 Cr (FY 2023) | ₹78.67 Lakh | 5.7% | 16.0% | Delhi, India | |
| Value Metals Private Limited | ₹13.89 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Asal Engineering Services Private Limited | ₹13.88 Cr (FY 2025) | -26.0% | Chennai, Tamil Nadu, India | |||
| Mahadevi Metals Private Limited | ₹13.88 Cr (FY 2025) | -41.0% | Patna, Bihar, India | |||
| J D M Metal Finishers Private Limited | ₹13.88 Cr (FY 2024) | 12.0% | Delhi, India | |||
| Avighan A.B. Steels Private Limited | ₹13.87 Cr (FY 2025) | 17.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Kolmeks India Private Limited, buy the company report.
Auditor
Kolmeks India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2021 | 121750W |
Shareholding
The shareholding of Kolmeks India Private Limited is on record for 3 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 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kolmeks India Private Limited, buy the company report.
Legal cases
Kolmeks India Private Limited has 2 court cases on record: 2 filed by Kolmeks India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 1 | 0 |
Cases on record (3 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-II | Court case (C.P.(CAA)) | Filed against the company by Kolmeks India Private Limited and 1 other | Disposed |
| NCLT, New Delhi Bench Court-II | Court case (C.P.(CAA)) | Filed by the company against Kolmeks India Private Limited and 1 other | Disposed |
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Kolmeks India 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 Kolmeks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kolmeks India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kolmeks (Gujarat) Manufacturing Private Limited | U28990DL2017PTC319243 |
To see the full group structure of Kolmeks India Private Limited, buy the company report.
GST
Kolmeks India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCK3953K1Z7 | Delhi | Active | 18 Jul 2017 |
| 24AAGCK3953K1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kolmeks India Private Limited, buy the company report.
Recent activity
Kolmeks India Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Chintan Keshavbhai Dhamecha ceased to be Additional Director on 28 Sep 2023.
Frequently asked questions
Kolmeks India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kolmeks India was a foreign private limited company based in Delhi, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 December 2016 and is registered under CIN U28112DL2016FTC309549. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kolmeks India was incorporated on 22 December 2016. It is registered with the Registrar of Companies, Delhi.
Kolmeks India had 3 directors:
- Jyrki Olavi Vesaluoma - Director
- Chintan Keshavbhai Dhamecha - Director
- Leho Haldna - Director
The CIN (Corporate Identification Number) of Kolmeks India is U28112DL2016FTC309549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kolmeks India is at 303 3rd Floor Rohini Complex, Shakarpur Delhi, Delhi, India – 110092.
Kolmeks India can be reached through the website kolmeks.com. Its registered office is in Delhi, India.
The latest financial statements of Kolmeks India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kolmeks India is 07AAGCK3953K1Z7, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCK3953K1ZB (Gujarat).
Kolmeks India operated in the metals and minerals industry, in the metal manufacturing and processing segment.
The peers of Kolmeks India by revenue are Shanz Powertechs Private Limited, Proto Machine Tools Manufacturing Company Private Limited, MSP Ventures Private Limited, Pamp Precision Manufacturing India Private Limited, Pet Metal Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
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