About Kushal Wealth Creators Private Limited
Data last updated:
Kushal Wealth Creators Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 paper and packaging products segment of the manufacturing sector. It was incorporated on 20 October 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21093GJ2014PTC081079. Its GSTIN is 24AAFCK6962P1ZV (Gujarat).
The company had an authorised share capital of ₹70 Lakh and a paid-up capital of ₹63.6 Lakh. It was led by directors Kushal Manoj Agrawal and Karan Mahendra Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Block No 663 – 664 Village: Bhavda N H No – 59 Kanbha Kujad Highway, Ahmedabad, Gujarat, India – 382433.
As per the financials filed for FY 2018, the company reported a revenue of ₹33.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.72 Lakh (net margin -0.3%) and EBITDA of ₹89.84 Lakh (EBITDA margin 2.7%).
The company had about 36 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is kushallimited.com.
Company details
CIN history
Kushal Wealth Creators has one previous CIN (Corporate Identification Number): U67190GJ2014PTC081079. The current CIN is U21093GJ2014PTC081079, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21093GJ2014PTC081079 | Current |
| U67190GJ2014PTC081079 | Previous |
Contact details
Kushal Wealth Creators Private Limited's registered office is in Ahmedabad, Gujarat. Its website is kushallimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No 663 – 664 Village: Bhavda N H No – 59 Kanbha Kujad Highway, Ahmedabad, Gujarat, India – 382433
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Kushal Wealth Creators 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 Kushal Wealth Creators Private Limited
FY 2017 filings availableKushal Wealth Creators Private Limited reported revenue of ₹33.53 Cr (up 1229% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹33.53 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹89.84 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.72 Lakh | |||
| 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 | 2.7% | |||
| Net Profit Margin | -0.3% | |||
| 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 Kushal Wealth Creators Private Limited, buy the company report.
Board of directors of Kushal Wealth Creators Private Limited
Kushal Wealth Creators has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Manoj Agrawal Also directs: Kushal Integrated Industrial Park LLP, Nailed IT Construction LLP | Director | 20 Oct 2014 | 12 Years 0 Months | As last reported |
| Karan Mahendra Agrawal | Director | 20 Oct 2014 | 12 Years 0 Months | As last reported |
Auditor
Kushal Wealth Creators Private Limited is audited by TARAL SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARAL SHAH & ASSOCIATES | FY 2018 | 131700W |
Shareholding
The shareholding of Kushal Wealth Creators Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kushal Wealth Creators Private Limited, buy the company report.
Legal cases
Kushal Wealth Creators Private Limited has 1 court case on record: 1 filed by Kushal Wealth Creators. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Kushal Wealth Creators 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 Kushal Wealth Creators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kushal Wealth Creators Private Limited has a workforce of 36 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Kushal Wealth Creators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK6962P1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kushal Wealth Creators Private Limited, buy the company report.
Recent activity
Kushal Wealth Creators Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Karan Mahendra Agrawal was appointed as Director on 20 Oct 2014.
Frequently asked questions
Kushal Wealth Creators 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.
Kushal Wealth Creators was a private limited company based in Ahmedabad, Gujarat, India. The company worked in paper and packaging products, within the manufacturing industry. It was incorporated on 20 October 2014 and is registered under CIN U21093GJ2014PTC081079. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kushal Wealth Creators was incorporated on 20 October 2014. It is registered with the Registrar of Companies, Ahmedabad.
Kushal Wealth Creators had 2 directors:
- Kushal Manoj Agrawal - Director
- Karan Mahendra Agrawal - Director
The CIN (Corporate Identification Number) of Kushal Wealth Creators is U21093GJ2014PTC081079. 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 Kushal Wealth Creators is at Block No 663 – 664 Village: Bhavda N H No – 59 Kanbha Kujad Highway, Ahmedabad, Gujarat, India – 382433.
Kushal Wealth Creators can be reached through the website kushallimited.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Kushal Wealth Creators on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Kushal Wealth Creators is 24AAFCK6962P1ZV, registered in Gujarat.
Kushal Wealth Creators operated in the manufacturing industry, in the paper and packaging products segment.
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