MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0023776
Kora Shoes Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹86.17 Cr
▼ 15% YoY
Net profit · FY 2024
₹74.92 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹6.45 Cr
EBITDA margin 7.5%
Authorised capital
₹16.5 Cr
Registered with MCA
Paid-up capital
₹16.11 Cr
Issued & subscribed
Open charges
₹46.34 Cr
Satisfied ₹42.05 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
389
Provident fund records
About Kora Shoes Private Limited
Data last updated:
Kora Shoes Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 23 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19116TN2009PTC073314. Its GSTIN is 33AADCK8915C1ZS (Tamil Nadu).
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.11 Cr. It is led by directors Ramesh Venkata Kora and Bavya Lakshmi Parthsarathy.
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 Kvc Towers Plot No.15 Door No. 1B 1st Floor Subburaya Nagar 1st Main Road 2nd Cross Street Thiruneermalai Main Road Chromepet Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.17 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹74.92 Lakh (net margin 0.9%) and EBITDA of ₹6.45 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The company has about 389 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.34 Cr and satisfied charges of ₹42.05 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 12 deals on record (6 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.77 Cr; the latest was in March 2024. Its 3 peer companies in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 smaller; the largest is Competence Exports Private Limited with revenue of ₹81.96 Cr.
Kora Shoes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0023776). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website korashoes.in.
Company details
CIN U19116TN2009PTC073314
Registration Number 073314
Incorporation Date 23 October 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0023776
Recognitions & Rankings of Kora Shoes
Contact details
Kora Shoes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is korashoes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKvc Towers Plot No.15 Door No. 1B 1st Floor Subburaya Nagar 1st Main Road 2nd Cross Street Thiruneermalai Main Road Chromepet Chennai, Tamil Nadu, India – 600044
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Kora Shoes Private Limited, buy the company report.
Comprehensive company report
Kora Shoes Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Kora Shoes is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Kora Shoes Private Limited, buy the company report.
Financials of Kora Shoes Private Limited
FY 2024 filings availableKora Shoes Private Limited reported revenue of ₹86.17 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹86.17 Cr ▼ 15%
Net profit · FY 2024
₹74.92 Lakh margin 0.9%
EBITDA · FY 2024
₹6.45 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 29%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 18%
5 years · compounded
▲ 11%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 18% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.92 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Kora Shoes Private Limited, buy the company report.
Board of directors of Kora Shoes Private Limited
Kora Shoes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Venkata Kora Also directs: Kora Retail Private Limited | Director | 23 Oct 2009 | 17 Years 0 Months | Current |
| Bavya Lakshmi Parthsarathy Also directs: Kora Retail Private Limited | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Kora Shoes Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kora Shoes Private Limitedthis company | ₹86.17 Cr (FY 2024) | ₹74.92 Lakh | 0.9% | -15.0% | 389 | Chennai, Tamil Nadu, India |
| Competence Exports Private Limited | ₹81.96 Cr (FY 2025) | -30.0% | Delhi, India | |||
| Speed Designer Footwear Private Limited | ₹81.91 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Gini & Jony Limited | ₹81.56 Cr (FY 2023) | 13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kora Shoes Private Limited, buy the company report.
Auditor
Kora Shoes Private Limited is audited by Bitra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bitra & Associates | FY 2023 | 013358S |
Shareholding
The shareholding of Kora Shoes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kora Shoes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.34 Cr
Satisfied charges
₹42.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2024 | 100974196 | State Bank of India | ₹6.5 Cr | Open | |
| 09 Sep 2022 | 100613770 | State Bank of India | ₹39.84 Cr | Open | |
| 16 Jan 2020 | 100323230 | State Bank of India | ₹48 Lakh | Satisfied | |
| 21 Dec 2019 | 100323232 | State Bank of India | ₹50 Lakh | Satisfied | |
| 01 Sep 2014 | 10522656 | Sme Branch | ₹50 Lakh | Satisfied |
To see the full charge records of Kora Shoes Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Kora Shoes Private Limited has 12 deals on record (6 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.77 Cr; the latest was in March 2024.
Total deals
12
Rights issues
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹5.77 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Rights issue | ₹8.59 Cr | Investors: 2 individuals |
| Sep 2022 | Rights issue | ₹70 Lakh | Investors: an individual |
| Apr 2018 | Rights issue | ₹64 Lakh | Investors: 3 individuals |
| Apr 2016 | Rights issue | ₹60.9 Lakh | Investors: 2 individuals |
To see the full deal history of Kora Shoes 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
Kora Shoes Private Limited has 6 court cases on record: 5 filed by Kora Shoes, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Micro Small Enterprises Facilitation Council and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Micro Small Enterprises Facilitation Council and 3 others | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by Sri Vinayaga Enterprises Rep by Its Prop Mrs. Vimala | Disposed |
To see the full case history of Kora Shoes 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.
Credit ratings & regulatory alerts
Kora Shoes Private Limited was last rated by Care on 15 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 15 Feb 2023 |
To see the full credit ratings and regulatory alerts of Kora Shoes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kora Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kora Shoes Private Limited has a workforce of 389 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
389
Active EPFO establishments
2
Employee growth
-14.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 389 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kora Shoes Private Limited, buy the company report.
GST
Kora Shoes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCK8915C1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kora Shoes Private Limited, buy the company report.
Recent activity
Kora Shoes Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Bavya Lakshmi Parthsarathy was appointed as Director on 22 Feb 2022.
Charges
A charge with State Bank Of India of Rs. 39.84 Cr registered on 09 Sep 2022 with Charge ID 100613770 was modified on 03 May 2025.
AGM
Kora Shoes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 6.50 Cr with Charge ID 100974196 was registered on 02 Aug 2024.
Filing
Kora Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 19 Oct 2010 via Charge ID 10253181 with State Bank Of India was fully satisfied on 15 Jun 2023.
Charges
A charge with State Bank Of India amounted to Rs. 39.84 Cr with Charge ID 100613770 was registered on 09 Sep 2022.
Charges
A charge registered on 27 Mar 2013 via Charge ID 10424076 with Others was fully satisfied on 03 Sep 2022.
Charges
A charge registered on 11 Jun 2013 via Charge ID 10433998 with State Bank Of India was fully satisfied on 16 Mar 2022.
Appointed
Bavya Lakshmi Parthsarathy was appointed as Director.
Ceased
Venkata Chalapati Kora ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 31.90 Cr registered on 19 Oct 2010 with Charge ID 10253181 was modified on 24 Dec 2021.
Charges
A charge registered on 16 Jan 2020 via Charge ID 100323230 with State Bank Of India was fully satisfied on 05 Aug 2021.
15 earlier events are in the company report.
Frequently asked questions
Kora Shoes is an active private limited company based in Chennai, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 23 October 2009 (17+ years old) and is registered under CIN U19116TN2009PTC073314.
Kora Shoes has 2 current directors:
- Ramesh Venkata Kora - Director
- Bavya Lakshmi Parthsarathy - Director
The latest financial statements of Kora Shoes 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.
The GSTIN of Kora Shoes is 33AADCK8915C1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Kora Shoes is U19116TN2009PTC073314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kora Shoes has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Kora Shoes was incorporated on 23 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Kora Shoes has 12 deals on record (6 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.77 Cr; the latest was in March 2024.
The peers of Kora Shoes by revenue are Competence Exports Private Limited, Speed Designer Footwear Private Limited, Gini & Jony Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Bavya Lakshmi Parthsarathy was appointed as Director on 22 Feb 2022. Venkata Chalapati Kora ceased to be Director on 22 Feb 2022. Vijaya Kora ceased to be Director on 18 Jun 2019. Kora Shoes has 5 board changes on record in total.
Yes, Kora Shoes is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0023776).
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