Korpbiz Private Limited

Korpbiz Private Limited - home & lifestyle in Vasai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2012PTC226094 Incorporated 16 January 2012 ROC Mumbai HQ Vasai, Maharashtra, India
Active Private Limited Company home and lifestyle MSME · Micro
Data last updated
Revenue · FY 2020
₹1.25 Cr
▼ 13% YoY
Net loss · FY 2020
₹72.93 Lakh
Net margin -58.4%
EBITDA · FY 2020
-₹68.31 Lakh
EBITDA margin -54.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹51.29 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Korpbiz Private Limited

Data last updated:

Korpbiz Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 16 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC226094. Its GSTIN is 27AAECK6123B1ZY (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Jagdishchand Mehra and Aishani Mehra.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office Gala No.1 Ground Floor Shubham Industrial Building No.2 Dhumal Nagar Vasai East, Maharashtra, India – 401208.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.25 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹72.93 Lakh (net margin -58.4%) and EBITDA of -₹68.31 Lakh (EBITDA margin -54.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.

As per MCA filings, the company has open charges of ₹51.29 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.

Korpbiz Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0089306). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website korpbiz.com.

Company details

CIN U74999MH2012PTC226094
Registration Number 226094
Incorporation Date 16 January 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0089306
Key People
Aishani Mehra Additional Director Sunil Jagdishchand Mehra Director

Recognitions & Rankings of Korpbiz

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-MH-17-0089306

Contact details

Korpbiz Private Limited's registered office is in Vasai, Maharashtra. Its website is korpbiz.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    korpbiz.com
  • Registered Address
    Office Gala No.1 Ground Floor Shubham Industrial Building No.2 Dhumal Nagar Vasai East, Maharashtra, India – 401208
  • Industry
    Home & Lifestyle, Lifestyle Products & Accessories Manufacturing

To see the full contact details of Korpbiz Private Limited, buy the company report.

Comprehensive company report
Korpbiz 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 Korpbiz is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Korpbiz Private Limited, buy the company report.

Financials of Korpbiz Private Limited

FY 2020 filings available

Korpbiz Private Limited reported revenue of ₹1.25 Cr (down 13% YoY) for FY 2020.

Revenue · FY 2020
₹1.25 Cr ▼ 13%
Net loss · FY 2020
₹72.93 Lakh margin -58.4%
EBITDA · FY 2020
-₹68.31 Lakh margin -54.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 19%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 36%
5 years · compounded
▼ 6%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 16% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.25 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹68.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹72.93 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-54.7%
Net Profit Margin-58.4%
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 Korpbiz Private Limited, buy the company report.

Board of directors of Korpbiz Private Limited

Korpbiz has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aishani Mehra
Also directs: Brand Ideation Private Limited, Ultra Hitech Structures and Cabins LLP
Additional Director19 Aug 201511 Years 2 MonthsCurrent
Sunil Jagdishchand Mehra
Also directs: SQ. Metre Real Estate Private Limited, Brand Ideation Private Limited
Director16 Jan 201214 Years 9 MonthsCurrent
View all directors

Auditor

Korpbiz Private Limited is audited by HEMAL PARIKH & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
HEMAL PARIKH & COFY 2020133155W

Shareholding

The shareholding of Korpbiz Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Korpbiz Private Limited, buy the company report.

Charges & borrowings

Open charges
₹51.29 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 2018100165212Others₹21.54 LakhOpen
16 Oct 2017100141525Others₹29.76 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Korpbiz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Korpbiz has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECK6123B1ZYMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Korpbiz Private Limited, buy the company report.

Recent activity

Korpbiz Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Shilpi Sunil Mehra ceased to be Director on 19 Mar 2018.

AGM
Korpbiz Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Korpbiz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 21.54 Lakh with Charge ID 100165212 was registered on 30 Mar 2018.
Ceased
Shilpi Sunil Mehra ceased to be Director.
Charges
A charge with Others amounted to Rs. 29.76 Lakh with Charge ID 100141525 was registered on 16 Oct 2017.
Appointed
Aishani Mehra was appointed as Additional Director.
Ceased
Shradha Nirav Virani ceased to be Director.
Appointed
Sunil Jagdishchand Mehra was appointed as Director.
Incorporation
16 Jan 2012
Korpbiz Private Limited was registered on 16 Jan 2012 with Roc Mumbai Ii & aged 14 years 9 months as per MCA records.

Frequently asked questions

Korpbiz is an active private limited company based in Vasai, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 16 January 2012 (14+ years old) and is registered under CIN U74999MH2012PTC226094.

Korpbiz has 2 current directors:

The latest financial statements of Korpbiz on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Korpbiz is 27AAECK6123B1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Korpbiz is U74999MH2012PTC226094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Korpbiz has 3 court cases on record: 3 filed against it. 2 are pending.

Korpbiz was incorporated on 16 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

Shilpi Sunil Mehra ceased to be Director on 19 Mar 2018. Aishani Mehra was appointed as Additional Director on 19 Aug 2015. Shradha Nirav Virani ceased to be Director on 04 Jul 2013. Korpbiz has 4 board changes on record in total.

Yes, Korpbiz is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0089306).

Korpbiz can be reached through the website korpbiz.com. Its registered office is in Vasai, Maharashtra, India.