About Kran Rader Private Limited
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Kran Rader Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 02 March 1972.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1972PTC015649. Its GSTIN is 27AAACK5752G2ZI (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹93.31 Lakh. It was led by directors including Sanjay Krishankumar Jindal and Arun Krishankumar Jindal.
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 was at 101 Ranjeet Studio Building 'A' Dadasaheb Phalke Roadm Dadar (East), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.33 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 11.8%) and EBITDA of ₹2.02 Lakh (EBITDA margin 15.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 37% over five years.
As per MCA filings, the company had satisfied charges of ₹219.07 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it.
The last known website on record is westernindiaforgings.com.
Company details
CIN history
Kran Rader has one previous CIN (Corporate Identification Number): U29299MH2004PTC015649. The current CIN is U29299MH1972PTC015649, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299MH1972PTC015649 | Current |
| U29299MH2004PTC015649 | Previous |
Contact details
Kran Rader Private Limited's registered office is in Mumbai, Maharashtra. Its website is westernindiaforgings.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 Ranjeet Studio Building 'A' Dadasaheb Phalke Roadm Dadar (East), Mumbai, Maharashtra, India – 400014
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Kran Rader 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 Kran Rader Private Limited
FY 2024 filings availableKran Rader Private Limited reported revenue of ₹13.33 Lakh (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 23% fall in the latest year. EBITDA fell 86% 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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| Total Expenses | |||||
| EBITDA | ₹2.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 15.2% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kran Rader Private Limited, buy the company report.
Board of directors of Kran Rader Private Limited
Kran Rader has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Krishankumar Jindal Also directs: Kran Rader Infra LLP, Western Heat and Forge Pvt Ltd, Technicoat India Private Limited and 2 more | Director | 21 Nov 2019 | 6 Years 11 Months | As last reported |
| Arun Krishankumar Jindal | Director | 27 Dec 1991 | 34 Years 9 Months | As last reported |
| Shubham Arun Jindal Also directs: Kran Rader Infra LLP, Western India Forgings Pvt Ltd | Director | 21 Nov 2019 | 6 Years 11 Months | As last reported |
Peer comparison
Kran Rader Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Integrated Niche Technocrat Private Limited | ₹13.36 Lakh (FY 2025) | 20.0% | Noida, Uttar Pradesh, India | |||
| Azariya Financial Services Private Limited | ₹13.35 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Lucky Dealmark Private Limited | ₹13.34 Lakh (FY 2023) | -9.0% | Howrah, West Bengal, India | |||
| Vishuv Invest Private Limited | ₹13.33 Lakh (FY 2024) | 843.0% | Delhi, India | |||
| Sri Visagan Chits Private Limited | ₹13.33 Lakh (FY 2024) | 413.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Kran Rader Private Limitedthis company | ₹13.33 Lakh (FY 2024) | ₹1.57 Lakh | 11.8% | -23.0% | Mumbai, Maharashtra, India | |
| R.M. Mehra Pvt Ltd | ₹13.32 Lakh (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| Akari Consultants Private Limited | ₹13.32 Lakh (FY 2019) | 1.0% | Agra, Uttar Pradesh, India | |||
| Vatika Trade-Link Private Limited | ₹13.32 Lakh (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Zircon Developers Private Limited | ₹13.31 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| PSL Securities Private Limited | ₹13.31 Lakh (FY 2025) | 468.0% | Dadri, Uttar Pradesh, India |
To see the full peer comparison of Kran Rader Private Limited, buy the company report.
Auditor
Kran Rader Private Limited is audited by SONIYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONIYA & CO | FY 2021 | 147104W |
Shareholding
The shareholding of Kran Rader Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kran Rader Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2018 | 100217015 | Others | ₹30 Cr | Satisfied | |
| 07 Nov 2012 | 10387355 | Sbicap Trustee Company Limited | ₹133.7 Cr | Satisfied | |
| 20 Jun 2012 | 10367431 | Standard Chartered Bank | ₹25.2 Cr | Satisfied | |
| 04 Mar 2002 | 90242354 | State Bank of India | ₹15.66 Cr | Satisfied | |
| 25 Jan 1996 | 90163306 | Central Bank of India | ₹69.15 Lakh | Satisfied |
To see the full charge records of Kran Rader Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Kran Rader Private Limited has 10 court cases on record: 6 filed by Kran Rader, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against G.G. Automotive Gears Ltd Etc | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against G.G.Automotive Gears Ltd. Etc. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| Supreme Court | Court case (0114-Labour Matters : Other matters under Industrial Disputes Act, 1947) | Filed against the company by National Kamgar Union Through Its General Secretary, Sukh Samruddhi Housing Society, Kamgar Nagar, Nehru Nagar Road, Opp. Roplas Company, Pimpri , District: Pune ,Pune , Maharashtra | Disposed |
| Bombay High Court | Court case (CAW) | Filed against the company by an individual | Disposed |
To see the full case history of Kran Rader 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 Kran Rader Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kran Rader has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK5752G2ZI | Maharashtra | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Kran Rader Private Limited, buy the company report.
Recent activity
Kran Rader Private Limited has 7 board changes on record since 1991: 3 appointments and 4 cessations. The latest: Sanjay Krishankumar Jindal ceased to be Additional Director on 11 Dec 2020.
31 earlier events are in the company report.
Frequently asked questions
Kran Rader has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kran Rader was a private limited company based in Mumbai, Maharashtra, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 02 March 1972 and is registered under CIN U29299MH1972PTC015649. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kran Rader was incorporated on 02 March 1972. It is registered with the Registrar of Companies, Mumbai.
Kran Rader had 3 directors:
- Sanjay Krishankumar Jindal - Director
- Arun Krishankumar Jindal - Director
- Shubham Arun Jindal - Director
The CIN (Corporate Identification Number) of Kran Rader is U29299MH1972PTC015649. 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 Kran Rader is at 101 Ranjeet Studio Building A Dadasaheb Phalke Roadm Dadar East, Mumbai, Maharashtra, India – 400014.
Kran Rader can be reached through the website westernindiaforgings.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Kran Rader 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 2015 are in the company report.
The GSTIN of Kran Rader is 27AAACK5752G2ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Kran Rader operated in the financial services industry, in the investment banking and advisory segment.
The peers of Kran Rader by revenue are Integrated Niche Technocrat Private Limited, Azariya Financial Services Private Limited, Lucky Dealmark Private Limited, Vishuv Invest Private Limited, Sri Visagan Chits Private Limited and 5 more, all in the BFSI industry (Other Financial Services).