MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0046191
Kunal Founders and Engineers Private Limited
Kunal Founders and Engineers Private Limited - automotive in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.47 Cr
▲ 2% YoY
Net profit · FY 2024
₹24,610
Net margin 0%
EBITDA · FY 2024
₹2.03 Cr
EBITDA margin 9.1%
Authorised capital
₹4.3 Cr
Registered with MCA
Paid-up capital
₹4.3 Cr
Issued & subscribed
Open charges
₹18.11 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
35
Provident fund records
About Kunal Founders and Engineers Private Limited
Data last updated:
Kunal Founders and Engineers Private Limited is a private limited company based in Chandigarh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 29 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29211CH1996PTC018253. Its GSTIN is 03AADCK1977A1ZZ (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.3 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors Kunal Mahajan and Neha Mahajan.
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 is at #1437 Sector 22B, Chandigarh, India – 160022.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.47 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹24,610 (net margin 0%) and EBITDA of ₹2.03 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.11 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
Kunal Founders and Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0046191). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29211CH1996PTC018253
Registration Number 018253
Incorporation Date 29 May 1996
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0046191
Key People
Kunal Mahajan Director Neha Mahajan Director Recognitions & Rankings of Kunal Founders and Engineers
Contact details
Kunal Founders and Engineers Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1437 Sector 22B, Chandigarh, India – 160022
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Kunal Founders and Engineers Private Limited, buy the company report.
Comprehensive company report
Kunal Founders and Engineers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Kunal Founders and Engineers is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Kunal Founders and Engineers Private Limited, buy the company report.
Financials of Kunal Founders and Engineers Private Limited
FY 2024 filings availableKunal Founders and Engineers Private Limited reported revenue of ₹22.47 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹22.47 Cr ▲ 2%
Net profit · FY 2024
₹24,610 margin 0%
EBITDA · FY 2024
₹2.03 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 20%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 30%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 2% growth in the latest year. EBITDA rose 37% 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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| EBITDA | ₹2.03 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹24,610 | ||||
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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 | 9.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kunal Founders and Engineers Private Limited, buy the company report.
Board of directors of Kunal Founders and Engineers Private Limited
Kunal Founders and Engineers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Mahajan | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Neha Mahajan | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Kunal Founders and Engineers Private Limited is audited by KALRA RAI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALRA RAI AND ASSOCIATES | FY 2023 | 008859N |
Shareholding
The shareholding of Kunal Founders and Engineers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kunal Founders and Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.11 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2023 | 100742105 | Canara Bank | ₹1.09 Cr | Open | |
| 10 Oct 2022 | 100647206 | Others | ₹1.5 Cr | Open | |
| 02 Jun 2020 | 100349770 | Others | ₹86 Lakh | Open | |
| 06 Jun 2015 | 10573057 | Bank of Baroda | ₹80 Lakh | Open | |
| 09 Mar 2015 | 10553847 | Bank of Baroda | ₹80 Lakh | Open |
To see the full charge records of Kunal Founders and Engineers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Kunal Founders and Engineers Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Total cases
8
Filed against the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Intec Capital Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Intec Capital Ltd | Disposed |
| District court, Palwal, Haryana | Civil suit | Filed against the company by Splendor Metachem Pvt. Ltd., Through Its Director Cum Authorized Representative Mr. O.P. Kaushik | Disposed |
| District court, Mohali, Punjab | Execution petition | Filed against the company by Deeson Enterprises | Disposed |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by Ms Deeson Enterprises | Disposed |
To see the full case history of Kunal Founders and Engineers 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.
Credit ratings & regulatory alerts
Kunal Founders and Engineers Private Limited was last rated by Care on 09 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Feb 2021 |
To see the full credit ratings and regulatory alerts of Kunal Founders and Engineers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kunal Founders and Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kunal Founders and Engineers Private Limited has a workforce of 35 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
GST
Kunal Founders and Engineers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCK1977A1ZZ | Punjab | Active | 16 May 2023 |
| 03AADCK1977A1D8 | Punjab | Active | 04 Jun 2025 |
To see the full GST registrations and return filing status of Kunal Founders and Engineers Private Limited, buy the company report.
Recent activity
Kunal Founders and Engineers Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Subhash Mahajan ceased to be Director on 25 Mar 2021.
AGM
Kunal Founders And Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kunal Founders And Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Canara Bank amounted to Rs. 1.09 Cr with Charge ID 100742105 was registered on 22 Jun 2023.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100647206 was registered on 10 Oct 2022.
Charges
A charge with Others of Rs. 6.55 Cr registered on 31 Mar 2009 with Charge ID 10154108 was modified on 08 Jul 2021.
Ceased
Subhash Mahajan ceased to be Director.
Ceased
Yuvraj Mahajan ceased to be Director.
Appointed
Kunal Mahajan was appointed as Director.
Appointed
Neha Mahajan was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.86 Cr with Charge ID 100349770 was registered on 02 Jun 2020.
Ceased
Suman Mahajan Lata ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.80 Cr with Charge ID 10573057 was registered on 06 Jun 2015.
7 earlier events are in the company report.
Frequently asked questions
Kunal Founders and Engineers is an active private limited company based in Chandigarh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 29 May 1996 (30+ years old) and is registered under CIN U29211CH1996PTC018253.
Kunal Founders and Engineers has 2 current directors:
- Kunal Mahajan - Director
- Neha Mahajan - Director
The latest financial statements of Kunal Founders and Engineers 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 Kunal Founders and Engineers is 03AADCK1977A1ZZ, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AADCK1977A1D8 (Punjab).
The CIN (Corporate Identification Number) of Kunal Founders and Engineers is U29211CH1996PTC018253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunal Founders and Engineers has 8 court cases on record: 8 filed against it. Most are in the district courts.
Kunal Founders and Engineers was incorporated on 29 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Subhash Mahajan ceased to be Director on 25 Mar 2021. Yuvraj Mahajan ceased to be Director on 25 Mar 2021. Kunal Mahajan was appointed as Director on 24 Mar 2021. Kunal Founders and Engineers has 5 board changes on record in total.
Yes, Kunal Founders and Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0046191).
The registered office of Kunal Founders and Engineers is at #1437 Sector 22B, Chandigarh, India – 160022.