About Korfex Industries Private Limited
Data last updated:
Korfex Industries Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 10 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29304DL2017PTC324744. Its GSTIN is 08AAGCT4615H1ZA (Rajasthan). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors Peeyush Sharma and Ravi Garg.
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 C – 54 Ground Floor Kiran Garden Near Metro Pillar No – 714, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2024, the company reported a revenue of ₹297.76 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 0.8%) and EBITDA of ₹6.42 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 450% over three years and 211% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹139.44 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website demo.planetsoft.in.
Company details
Contact details
Korfex Industries Private Limited's registered office is in New Delhi, Delhi. Its website is demo.planetsoft.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 54 Ground Floor Kiran Garden Near Metro Pillar No – 714, New Delhi, Delhi, India – 110059
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Korfex Industries 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 Korfex Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Korfex Industries Private Limited, buy the company report.
Financials of Korfex Industries Private Limited
FY 2024 filings availableKorfex Industries Private Limited reported revenue of ₹297.76 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 211% over five years, including 51% growth in the latest year. EBITDA rose 55% 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 | ₹6.42 Cr | ||||
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| Net Profit (PAT) | ₹2.31 Cr | ||||
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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 | 2.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Korfex Industries Private Limited, buy the company report.
Board of directors of Korfex Industries Private Limited
Korfex Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peeyush Sharma | Director | 04 May 2023 | 3 Years 6 Months | Current |
| Ravi Garg Also directs: Grafel India Private Limited, Ar Ispat Udhyog Private Limited | Director | 15 May 2022 | 4 Years 5 Months | Current |
Auditor
Korfex Industries Private Limited is audited by Pratik Sharma & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pratik Sharma & Company | FY 2023 | 037074N |
Shareholding
The shareholding of Korfex Industries 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 Korfex Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2025 | 101032148 | Axis Bank Limited | ₹90 Cr | Open | |
| 04 Oct 2022 | 100620846 | State Bank of India | ₹43.5 Lakh | Open | |
| 30 Sep 2022 | 100620847 | State Bank of India | ₹49 Cr | Open |
To see the full charge records of Korfex Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Korfex Industries Private Limited has 8 court cases on record: 8 filed by Korfex Industries. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 5 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Court case (WRW) | Filed by the company against State of Rajasthan | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against The State of Rajasthan | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against The State of Rajasthan | Pending |
| High Court of Rajasthan | Court case (CMCW) | Filed by the company against State of Rajasthan | Disposed |
To see the full case history of Korfex Industries 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 Korfex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Korfex Industries Private Limited has a workforce of 30 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 30 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Korfex Industries Private Limited, buy the company report.
GST
Korfex Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCT4615H1ZA | Rajasthan | Active | 25 Mar 2022 |
| 08AAGCT4615H1DJ | Rajasthan | Active | 31 Dec 2024 |
To see the full GST registrations and return filing status of Korfex Industries Private Limited, buy the company report.
Recent activity
Korfex Industries Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Amit Goyal ceased to be Director on 16 Jan 2024.
3 earlier events are in the company report.
Frequently asked questions
Korfex Industries is an active private limited company based in New Delhi, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 10 October 2017 (9+ years old) and is registered under CIN U29304DL2017PTC324744.
Korfex Industries has 2 current directors:
- Peeyush Sharma - Director
- Ravi Garg - Director
The latest financial statements of Korfex Industries 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 FY 2018 are in the company report.
The GSTIN of Korfex Industries is 08AAGCT4615H1ZA, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAGCT4615H1DJ (Rajasthan).
The CIN (Corporate Identification Number) of Korfex Industries is U29304DL2017PTC324744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korfex Industries has 8 court cases on record: 8 filed by the company. 5 are pending. Most are in the high courts.
Korfex Industries was incorporated on 10 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Amit Goyal ceased to be Director on 16 Jan 2024. Ankit Goyal ceased to be Director on 01 Jun 2023. Peeyush Sharma was appointed as Director on 04 May 2023. Korfex Industries has 7 board changes on record in total.
Korfex Industries can be reached through the website demo.planetsoft.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Korfex Industries is at C – 54 Ground Floor Kiran Garden Near Metro Pillar No – 714, New Delhi, Delhi, India – 110059.
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