About Kotakurja Private Limited
Data last updated:
Kotakurja Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 September 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH1997PTC110591. Its GSTIN is 29AAACK6349K1Z3 (Karnataka). The company holds 9 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹38 Cr and a paid-up capital of ₹37.84 Cr. It is led by directors including Pankaj Shantilal Kotak and Sunil Kamal Kotak.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 311 Lotus House 33A Vithaldas Thackersey Marg New Marine Lines, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2018, the company reported a revenue of ₹90.34 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹11.57 Cr (net margin -12.8%) and EBITDA of -₹5.73 Cr (EBITDA margin -6.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Kotak Solar. As per MCA filings, the company has open charges of ₹52.62 Cr and satisfied charges of ₹36.49 Cr on record. Court records list 30 cases involving the company, including 5 filed by the company and 25 filed against it; 4 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹40.98 Cr; the latest was in March 2015.
The last known website on record is kotakurja.com.
Company details
Contact details
Kotakurja Private Limited's registered office is in Mumbai, Maharashtra. Its website is kotakurja.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address311 Lotus House 33A Vithaldas Thackersey Marg New Marine Lines, Mumbai, Maharashtra, India – 400001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kotakurja 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
Brands
Kotakurja operates one associated brand: Kotak Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides low-cost online Togel betting platform with secure international access. | kotaksolar.com |
Business activity
The main business activity of Kotakurja is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kotakurja Private Limited, buy the company report.
Financials of Kotakurja Private Limited
FY 2018 filings availableKotakurja Private Limited reported revenue of ₹90.34 Cr (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 37% fall in the latest year. EBITDA fell 175% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹90.34 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.73 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.57 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.3% | |||
| Net Profit Margin | -12.8% | |||
| 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 Kotakurja Private Limited, buy the company report.
Board of directors of Kotakurja Private Limited
Kotakurja has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Shantilal Kotak Also directs: Kotak Exim Private Limited | Director | 28 Mar 2015 | 11 Years 6 Months | As last reported |
| Sunil Kamal Kotak | Director | 01 Apr 2009 | 17 Years 6 Months | As last reported |
| Sandeep Murthy Also directs: Godrej Industries Limited, House of Kieraya Limited, Future E-Commerce Infrastructure Limited and 5 more | Director | 01 Oct 2008 | 18 Years 0 Months | As last reported |
Auditor
Kotakurja Private Limited is audited by V. C. Shah & Company for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. C. Shah & Company | FY 2018 | 109818W |
Shareholding
The shareholding of Kotakurja Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kotakurja Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10611264 | Punjab National Bank | ₹11.64 Lakh | Open | |
| 28 Apr 2015 | 10567533 | Punjab National Bank | ₹9.7 Lakh | Open | |
| 11 Feb 2010 | 10208945 | State Bank of India | ₹49.61 Cr | Open | |
| 24 Aug 2000 | 90159016 | State Bank of India | ₹1.4 Cr | Open | |
| 24 Aug 2000 | 90157556 | State Bank of India | ₹1.4 Cr | Open |
To see the full charge records of Kotakurja Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Kotakurja Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹40.98 Cr; the latest was in March 2015.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2011 | Funding round | ₹21.57 Cr | Investors: Lightbox Ventures, Applied Ventures |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Applied Ventures, Lightbox Ventures Seller: 4 individuals |
To see the full deal history of Kotakurja 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
Kotakurja Private Limited has 30 court cases on record: 5 filed by Kotakurja, 25 filed against it. 4 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 22 | 4 |
| High courts | 5 | 3 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S Green Tek India Pvt Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Greentek India Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Ms. Icm Logistics Pvt Ltd Rep by Its C.S.Rajashekhar | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Emmvee Photovoltaic Power Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by The Income Tax Department | Pending |
To see the full case history of Kotakurja 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 Kotakurja Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kotakurja has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kotak Power Private Limited | U40108KA2009PTC051516 |
To see the full group structure of Kotakurja Private Limited, buy the company report.
Employees & EPFO
Kotakurja Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kotakurja has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK6349K1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AAACK6349K2Z2 | Karnataka | Active | 26 Mar 2021 |
To see the full GST registrations and return filing status of Kotakurja Private Limited, buy the company report.
Recent activity
Kotakurja Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Sandeep Murthy ceased to be Director on 28 Jun 2019.
22 earlier events are in the company report.
Frequently asked questions
Kotakurja is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kotakurja is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 September 1997 and is registered under CIN U40100MH1997PTC110591. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kotakurja has 3 current directors:
- Pankaj Shantilal Kotak - Director
- Sunil Kamal Kotak - Director
- Sandeep Murthy - Director
The latest financial statements of Kotakurja on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kotakurja is U40100MH1997PTC110591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kotakurja has open charges of ₹52.62 Cr and satisfied charges of ₹36.49 Cr as per latest MCA filings.
Kotakurja has 30 court cases on record: 5 filed by the company and 25 filed against it. 4 are pending. Most are in the district courts.
Kotakurja was incorporated on 10 September 1997. It is registered with the Registrar of Companies, Mumbai.
Kotakurja has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹40.98 Cr; the latest was in March 2015.
Sandeep Murthy ceased to be Director on 28 Jun 2019. Kamal Shantilal Kotak ceased to be Director on 08 Mar 2019. Tirumanilayur Chandramoulishwaran Kasivishwanathan ceased to be Director on 01 Sep 2017. Kotakurja has 9 board changes on record in total.