About Kosas Industries Private Limited
Data last updated:
Kosas Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Konark Vinimay Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 December 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71300MH2009PTC197548. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.96 Cr. It was formerly known as Achala Trading Private Limited. It is led by directors including Manish Omprakash Agarwal and Jeetendra Rajpal Daryani (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 331 – A Badamwadi Shop No. 74 1st Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2015, the company reported a revenue of ₹222.01 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 0.9%) and EBITDA of ₹11.96 Cr (EBITDA margin 5.4%).
As per MCA filings, the company has open charges of ₹162.7 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The last known website on record is kosas.in.
Company details
CIN history
Kosas Industries has one previous CIN (Corporate Identification Number): U52300MH2009PTC197548. The current CIN is U71300MH2009PTC197548, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U71300MH2009PTC197548 | Current |
| U52300MH2009PTC197548 | Previous |
Contact details
Kosas Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is kosas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address331 – A Badamwadi Shop No. 74 1st Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kosas 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
Financials of Kosas Industries Private Limited
FY 2015 filings availableKosas Industries Private Limited reported revenue of ₹222.01 Cr (up 16% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year. EBITDA fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹222.01 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹11.96 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.99 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.4% |
| 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 Kosas Industries Private Limited, buy the company report.
Board of directors of Kosas Industries Private Limited
Kosas Industries 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 |
|---|---|---|---|---|
| Manish Omprakash Agarwal Also directs: Kosas Exports Limited., Konark Vinimay Private Limited | Director | 20 Aug 2010 | 16 Years 2 Months | As last reported |
| Jeetendra Rajpal Daryani | Irp/Rp/Liquidator | 08 Apr 2024 | 2 Years 7 Months | As last reported |
| Lalit Omprakash Agarwal Also directs: Kosas Exports Limited., Konark Vinimay Private Limited | Director | 20 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Kosas Industries Private Limited is audited by A G K R AND CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G K R AND CO | FY 2015 | 004740C |
Shareholding
The shareholding of Kosas Industries Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kosas Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2014 | 10476313 | Small Industries Development Bank of India | ₹7.5 Cr | Open | |
| 11 Aug 2011 | 10302544 | State Bank of India | ₹55.74 Cr | Open | |
| 08 Jun 2011 | 10294320 | State Bank of India | ₹58.66 Cr | Open | |
| 22 Nov 2010 | 10260700 | State Bank of India | ₹40.8 Cr | Open |
To see the full charge records of Kosas Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Kosas Industries Private Limited has 5 court cases on record: 2 filed by Kosas Industries, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by M/S Kosas Exports Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (SPL. CASE COMPANIES ACT) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against State Bank of India and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by State Bank of India Th Mr Praveen Kumar Sinha | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State Bank of India and 1 other | Disposed |
To see the full case history of Kosas 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 Kosas Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kosas Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kosas Industries Private Limited, buy the company report.
Recent activity
Kosas Industries Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Jeetendra Rajpal Daryani was appointed as Irp/Rp/Liquidator on 08 Apr 2024.
6 earlier events are in the company report.
Frequently asked questions
Kosas Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Kosas Industries is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 December 2009 and is registered under CIN U71300MH2009PTC197548. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kosas Industries has 3 current directors:
- Manish Omprakash Agarwal - Director
- Lalit Omprakash Agarwal - Director
- Jeetendra Rajpal Daryani - Irp/Rp/Liquidator
The latest financial statements of Kosas Industries on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kosas Industries is U71300MH2009PTC197548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kosas Industries has open charges of ₹162.7 Cr and no satisfied charges on record as per latest MCA filings.
Kosas Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Kosas Industries was incorporated on 02 December 2009. It is registered with the Registrar of Companies, Mumbai.
Jeetendra Rajpal Daryani was appointed as Irp/Rp/Liquidator on 08 Apr 2024. Manju Vijaykumar Poddar ceased to be Director on 13 Nov 2010. Omprakash Ramchandra Agarwal ceased to be Director on 13 Nov 2010. Kosas Industries has 8 board changes on record in total.
Kosas Industries can be reached through the website kosas.in. Its registered office is in Mumbai, Maharashtra, India.
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