About Kunal Structure (India) Private Limited
Data last updated:
Kunal Structure (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the engineering sector. It was incorporated on 05 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PTC048080. Its GSTIN is 24AACCK7952Q1ZW (Gujarat). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.03 Cr. It is led by directors Arvindbhai Amrutlal Domadia (Managing Director) and Kunal Arvindbhai Domadia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹599.91 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹43.46 Cr (net margin -7.2%) and EBITDA of -₹1.92 Cr (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 8% over five years.
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1,765.95 Cr and satisfied charges of ₹1,203.42 Cr on record. Court records list 303 cases involving the company, including 114 filed by the company and 190 filed against it; 92 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.1 Cr; the latest was in January 2013. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 7 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksipl.co.in.
Company details
Contact details
Kunal Structure (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ksipl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1010 10th Floor Shilp Epitome, B/S. Infostrech Behind Rajpath Club Road, Ahmedabad, Gujarat, India – 380054
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Kunal Structure (India) 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 Kunal Structure (India) Private Limited
FY 2021 filings availableKunal Structure (India) Private Limited reported revenue of ₹599.91 Cr (down 32% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 32% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹599.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43.46 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -7.2% | ||||
| 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 Kunal Structure (India) Private Limited, buy the company report.
Board of directors of Kunal Structure (India) Private Limited
Kunal Structure (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvindbhai Amrutlal Domadia | Managing Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Kunal Arvindbhai Domadia Also directs: Garnet Suppliers LLP, Dom Pharma Private Limited, Shantamrut Infrastructure Private Limited and 1 more | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Kunal Structure (India) Private Limited is audited by Surana Maloo & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Surana Maloo & Co. | FY 2021 | 112171W |
Shareholding
The shareholding of Kunal Structure (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kunal Structure (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2021 | 100434024 | Others | ₹2.99 Cr | Open | |
| 24 Feb 2021 | 100424383 | Others | ₹1.1 Cr | Open | |
| 03 Feb 2021 | 100413532 | Others | ₹91.65 Lakh | Open | |
| 20 Jan 2021 | 100408772 | Yes Bank Limited | ₹78.47 Lakh | Open | |
| 13 Jan 2021 | 100410229 | Others | ₹2.5 Cr | Open |
To see the full charge records of Kunal Structure (India) Private Limited, buy the company report.
Total charge records: 263 View all charges
Deals & funding
Kunal Structure (India) Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.1 Cr; the latest was in January 2013.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Funding round | ₹6.9 Cr | Investors: Shantamrut Infrastructure Private Limited |
| Mar 2009 | Funding round | ₹3 Cr | Investors: Shantamrut Infrastructure Private Limited , an individual |
| Jul 2006 | Funding round | ₹3 Cr | Investors: 2 individuals |
To see the full deal history of Kunal Structure (India) 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
Kunal Structure (India) Private Limited has 303 court cases on record: 114 filed by Kunal Structure (India), 190 filed against it. 92 cases are pending and 211 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 178 | 158 | 68 |
| High courts | 103 | 26 | 20 |
| NCLAT | 12 | 4 | 3 |
| Supreme Court | 7 | 2 | 1 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 303)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Punjab and Sind Bank | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Pushkar and Co LLP | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Punjab and Sind Bank | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Punjab and Sind Bank | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
To see the full case history of Kunal Structure (India) 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 Structure (India) Private Limited was last rated by Brickwork on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of Kunal Structure (India) Private Limited, buy the company report.
MSME payment delays
Kunal Structure (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 7 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Refcast Industries | |||
| an individual supplier | |||
| Tirupati Sales Corporation | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kunal Structure (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kunal Structure (India) has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kunal BSBK Joint Venture Private Limited | U45400CT2016PTC002079 |
To see the full group structure of Kunal Structure (India) Private Limited, buy the company report.
Employees & EPFO
Kunal Structure (India) Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kunal Structure (India) has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK7952Q1ZW | Gujarat | Active | 01 Jul 2017 |
| 05AACCK7952Q1ZW | Uttarakhand | Active | 01 Jul 2017 |
| 08AACCK7952Q1ZQ | Rajasthan | Active | 01 Jul 2017 |
| 19AACCK7952Q1ZN | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kunal Structure (India) Private Limited, buy the company report.
Recent activity
Kunal Structure (India) Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Gautambhai Pravinbhai Domadia ceased to be Director on 16 Nov 2013.
499 earlier events are in the company report.
Frequently asked questions
Kunal Structure (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in the engineering industry. It was incorporated on 05 April 2006 (20+ years old) and is registered under CIN U45200GJ2006PTC048080.
Kunal Structure (India) has 2 current directors:
- Arvindbhai Amrutlal Domadia - Managing Director
- Kunal Arvindbhai Domadia - Director
The latest financial statements of Kunal Structure (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Kunal Structure (India) is 24AACCK7952Q1ZW, registered in Gujarat. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 05AACCK7952Q1ZW (Uttarakhand), 08AACCK7952Q1ZQ (Rajasthan), 19AACCK7952Q1ZN (West Bengal).
The CIN (Corporate Identification Number) of Kunal Structure (India) is U45200GJ2006PTC048080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunal Structure (India) has 303 court cases on record: 114 filed by the company and 190 filed against it. 92 are pending. Most are in the district courts.
Kunal Structure (India) was incorporated on 05 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kunal Structure (India) has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.1 Cr; the latest was in January 2013.
Gautambhai Pravinbhai Domadia ceased to be Director on 16 Nov 2013. Arvindbhai Amrutlal Domadia was appointed as Managing Director on 01 Aug 2013. Arvindbhai Amrutlal Domadia ceased to be Director on 01 Aug 2013. Kunal Structure (India) has 4 board changes on record in total.
Kunal Structure (India) has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 04 Aug 2020.
Kunal Structure (India) can be reached through the website ksipl.co.in. Its registered office is in Ahmedabad, Gujarat, India.