Korindo Enterprises Private Limited
About Korindo Enterprises Private Limited
Data last updated:
Korindo Enterprises Private Limited was a private limited company based in Tiruvallur, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the resorts segment of the tourism and accommodation sector. It was incorporated on 01 November 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN2007PTC065254. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kim Yangduck and Junho Choi.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Tiruvallur, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹92 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹11.04 Lakh (net margin -12%) and EBITDA of -₹7.17 Lakh (EBITDA margin -7.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Company details
CIN history
Korindo Enterprises has one previous CIN (Corporate Identification Number): U51900TN2007PTC065254. The current CIN is U55101TN2007PTC065254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101TN2007PTC065254 | Current |
| U51900TN2007PTC065254 | Previous |
Contact details
Korindo Enterprises Private Limited's registered office is in Tiruvallur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.234/1 Green Castle Kannur Village Sunguvarchathram Mapped, U Road, Tiruvallur, Tamil Nadu, India – 602108
- IndustryTourism and Accommodation, Resorts, Holiday Homes, Inns, Accommodation Services By Hotel, Hostel
To see the full contact details of Korindo Enterprises 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 Korindo Enterprises is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Korindo Enterprises Private Limited, buy the company report.
Financials of Korindo Enterprises Private Limited
FY 2018 filings availableKorindo Enterprises Private Limited reported revenue of ₹92 Lakh (down 26% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 26% fall in the latest year. EBITDA fell 221% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹7.17 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.04 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.8% | |||
| Net Profit Margin | -12% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Korindo Enterprises Private Limited, buy the company report.
Board of directors of Korindo Enterprises Private Limited
Korindo Enterprises has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kim Yangduck | Director | 01 Nov 2007 | 19 Years 0 Months | As last reported |
| Junho Choi | Director | 01 Mar 2011 | 15 Years 8 Months | As last reported |
Peer comparison
Korindo Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pleasure Trip Private Limited | ₹92.38 Lakh (FY 2025) | -52.0% | Ahmedabad, Gujarat, India | |||
| Rajhans Resturants & Hotels Pvt. Ltd. | ₹92.12 Lakh (FY 2024) | -28.0% | Kolkata, West Bengal, India | |||
| M.G.Hotels and Resorts (India) Private Limited | ₹92.03 Lakh (FY 2024) | -51.0% | Agra, Uttar Pradesh, India | |||
| Trishika Hospitality Services Private Limited | ₹92.03 Lakh (FY 2018) | -49.0% | Thane, Maharashtra, India | |||
| Blue City Hotels and Resorts Private Limited | ₹92.02 Lakh (FY 2024) | 287.0% | Jodhpur, Rajasthan, India | |||
| Korindo Enterprises Private Limitedthis company | ₹92 Lakh (FY 2018) | -₹11.04 Lakh | -12% | -26.0% | Tiruvallur, Tamil Nadu, India | |
| Sri Hari Pratap G P Investment Private Limited | ₹91.98 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Gulping Goblins Hospitality Private Limited | ₹91.96 Lakh (FY 2019) | Pune, Maharashtra, India | ||||
| GHR Hotels Private Limited | ₹91.93 Lakh (FY 2018) | 10.0% | Hyderaba, Telangana, India | |||
| Gargo Towers Private Limited | ₹91.88 Lakh (FY 2025) | -20.0% | Tinsukia, Assam, India | |||
| Three Fernz Hospitality and Academic Services Private Limited | ₹91.81 Lakh (FY 2025) | -13.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Korindo Enterprises Private Limited, buy the company report.
Auditor
Korindo Enterprises Private Limited is audited by RITS & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RITS & Associates | FY 2017 | 010699S |
Shareholding
The shareholding of Korindo Enterprises Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Korindo Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Korindo Enterprises Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Korindo Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Korindo Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Korindo Enterprises Private Limited, buy the company report.
Recent activity
Korindo Enterprises Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Lee Eun Soo ceased to be Director on 20 Jun 2018.
Frequently asked questions
Korindo Enterprises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Korindo Enterprises was a private limited company based in Tiruvallur, Tamil Nadu, India. The company worked in resorts, within the tourism and accommodation industry. It was incorporated on 01 November 2007 and is registered under CIN U55101TN2007PTC065254. The company has been struck off by the Registrar of Companies and is no longer operational.
Korindo Enterprises had 2 directors:
- Kim Yangduck - Director
- Junho Choi - Director
The CIN (Corporate Identification Number) of Korindo Enterprises is U55101TN2007PTC065254. 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 Korindo Enterprises is at No.2341 Green Castle Kannur Village Sunguvarchathram Mapped, U Road, Tiruvallur, Tamil Nadu, India – 602108.
Korindo Enterprises was incorporated on 01 November 2007. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Korindo Enterprises on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
No. Korindo Enterprises has 1 GST registration on record and it is cancelled or inactive.
Korindo Enterprises operated in the tourism and accommodation industry, in the resorts segment. It worked in this industry before it was struck off.
The peers of Korindo Enterprises by revenue are Pleasure Trip Private Limited, Rajhans Resturants & Hotels Pvt. Ltd, M.G.Hotels and Resorts (India) Private Limited, Trishika Hospitality Services Private Limited, Blue City Hotels and Resorts Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Lee Eun Soo ceased to be Director on 20 Jun 2018. Junho Choi was appointed as Director on 01 Mar 2011. Subramanyan Kannan ceased to be Whole-Time Director on 20 Feb 2011. Korindo Enterprises has 5 board changes on record in total.
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