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Kusumgar Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1990.

1990 | Mumbai, Maharashtra, India | Active
Last Updated:

About Kusumgar Limited

Kusumgar Limited, a active public limited company, was established on 15 June 1990 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U65990MH1990PLC056871. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹24.00 Cr and a paid-up capital of ₹11.90 Cr.

Formerly known as Kusumgar Finstock Private Limited, Kusumgar Limited. It upholds a compliant status. Employing 646 professional, Its leadership includes Sapna Siddharth Kusumgar (Managing Director), Kaushal Jaysingh Sampat (Director), Nihar Parikh Ajay (Director). Past directors included Navinchandra Ratilal Shah, Jayant Nalinkant Gosalia, Yogesh Kantilal Kusumgar. It holds ₹244.25 Cr open charges and ₹69.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101, Manjushree, V.M. Road, Corner Of N.S.Road No.5,Jvpd Scheme,Vile, Parle(W),, Mumbai, Maharashtra, 400056.

Company Details

  • CIN/LLPIN

    U65990MH1990PLC056871

  • Registration Number

    056871

  • Incorporation Date

    15 June 1990

  • Authorized Capital

    ₹24.00 Cr

  • Paid-Up Capital

    ₹11.90 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 11.90 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 244.25 Cr
  • Satisfied Charges ₹ 69.14 Cr
  • Revenue Growth 40.41%
  • Profit Growth 59.63%
  • Ebitda 43.03%
  • Net Worth 27.82%
  • Total Assets 22.21%
Company report

Kusumgar Limited

Company Report FY 2025-2026

Explore comprehensive insights into Kusumgar Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Kusumgar Limited?

Current Directors

NameDesignationAppointment DateStatus
Sapna Siddharth KusumgarManaging Director25 Apr 2022Current
Kaushal Jaysingh SampatDirector17 Mar 2025Current
Nihar Parikh AjayDirector10 Jun 2025Current
Deepti GuptaDirector17 Mar 2025Current
Ankur KothariWhole-Time Director25 Sep 2020Current
Siddharth Yogesh KusumgarManaging Director01 Aug 2000Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector22 Sep 2008Past
Pramod AbcsddDirector25 Sep 2020Past
Pramod AbcsddDirector04 Mar 2025Past
Pramod AbcsddDirector04 Mar 2025Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddAdditional Director15 Jun 2025Past

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Financial Performance of Kusumgar.

Kusumgar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.41% increase. The company also saw a substantial improvement in profitability, with a 59.63% increase in profit. The company's net worth Soared by an impressive increase of 27.82%.

Kusumgar revenue growth over time
Kusumgar profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
40.41%
Revenue from Operations
39.92%
Total Assets
22.21%
Profit or Loss
59.63%
Net Worth
27.82%
EBITDA
43.03%

What is the Ownership and Shareholding Structure of Kusumgar?

In 2023, Kusumgar had a promoter holding of 99.99% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,442,452,864.00

Satisfied Charges

₹691,352,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 124.25 Cr
  • Others : 60.00 Cr
  • Citi Bank N.A. : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Others₹10.00 CrOpen
23 Jul 2024Hdfc Bank Limited₹2.50 CrOpen
29 Mar 2024Others₹10.00 CrOpen
13 Dec 2023Others₹40.00 CrOpen
18 Nov 2022Hdfc Bank Limited₹2.46 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Kusumgar?

Kusumgar has a workforce of 646 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Kusumgar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kusumgar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kusumgar's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Kusumgar

Recent Activity within the Organization

  • Director Appointment

    Nihar Parikh Ajay was appointed as a Director was appointed as a Director on 10 Jun 2025 & has been associated with this company since 5 months 29 days . was recorded as a recent event.

  • Director Appointment

    Progress on Ankur Kothari was appointed as a Ceo was appointed as a Ceo on 04 Apr 2025 & has been associated with this company since 8 months 4 days . was documented.

  • Director Appointment

    Progress on Devanand Parshottam Mojidra was appointed as a Company Secretary was appointed as a Company Secretary on 20 Mar 2025 & has been associated with this company since 8 months 19 days . was documented.

  • Director Appointment

    The activity Kaushal Jaysingh Sampat was appointed as a Director was appointed as a Director on 17 Mar 2025 & has been associated with this company since 8 months 22 days . was completed.

  • Director Appointment

    Deepti Gupta was appointed as a Director was appointed as a Director on 17 Mar 2025 & has been associated with this company since 8 months 22 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Citi Bank N.A. of Rs. 60.00 Cr registered on 06 Aug 2020 with Charge ID 100357270 was modified on 21 Feb 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Kusumgar Limited?

    The CIN of Kusumgar Limited is U65990MH1990PLC056871.

  • Where is Kusumgar Limited headquartered?

    Kusumgar Limited is headquartered at 101, Manjushree, V.M. Road, Corner Of N.S.Road No.5,Jvpd Scheme,Vile, Parle(W),, Mumbai, Maharashtra, 400056.

  • When was Kusumgar Limited incorporated?

    Kusumgar Limited was incorporated on 15 June 1990.

  • Who are the current directors of Kusumgar Limited?

    The current directors of Kusumgar Limited are

  • What is the primary industry of Kusumgar Limited?

    The primary industry of Kusumgar Limited is Manufacturing.

  • Is Kusumgar Limited a listed company?

    Kusumgar Limited is unlisted.

  • What is the capital structure of Kusumgar Limited?

    The authorized capital of Kusumgar Limited is ₹24.00 Cr, and the paid-up capital is ₹11.90 Cr.

  • What is the compliance status of Kusumgar Limited?

    The compliance status of Kusumgar Limited is Compliant.

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