About Kiran Udyog Private Limited
Data last updated:
Kiran Udyog Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 10 January 2000.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51399DL2000PTC103175. Its GSTIN is 05AABCK4100H1Z6 (Uttarakhand). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹9.36 Cr. It is led by directors including Arvind Kumar Jain (Managing Director) and Rajiv Kumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 27 B/7 New Rohtak Road, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2020, the company reported a revenue of ₹305.3 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹10.4 Cr (net margin -3.4%) and EBITDA of ₹37.84 Cr (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 86 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Kiran Udyog. As per MCA filings, the company has open charges of ₹147.04 Cr and satisfied charges of ₹698.8 Cr on record. Court records list 118 cases involving the company, including 15 filed by the company and 104 filed against it; 36 cases are pending.
The last known website on record is kiranudyogindia.com.
Company details
Contact details
Kiran Udyog Private Limited's registered office is in New Delhi, Delhi. Its website is kiranudyogindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address27 B/7 New Rohtak Road, New Delhi, Delhi, India – 110005
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Kiran Udyog 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
Brands
Kiran Udyog operates one associated brand: Kiran Udyog. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies major auto components to OEMs, serving the automotive industry. | kiranudyogindia.com |
Business activity
The main business activity of Kiran Udyog is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Kiran Udyog Private Limited, buy the company report.
Financials of Kiran Udyog Private Limited
FY 2020 filings availableKiran Udyog Private Limited reported revenue of ₹305.3 Cr (down 22% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 22% fall in the latest year. EBITDA fell 48% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹305.3 Cr | ||||
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| EBITDA | ₹37.84 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.4 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | -3.4% | ||||
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To see the full financial statements and ratios of Kiran Udyog Private Limited, buy the company report.
Board of directors of Kiran Udyog Private Limited
Kiran Udyog has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Jain Also directs: K U Die Castings Private Limited | Managing Director | 10 Jan 2000 | 26 Years 9 Months | As last reported |
| Rajiv Kumar Jain Also directs: K U Die Castings Private Limited | Whole-Time Director | 01 Apr 2007 | 19 Years 6 Months | As last reported |
| Vivek Kumar Jain Also directs: K U Die Castings Private Limited | Whole-Time Director | 01 Apr 2007 | 19 Years 6 Months | As last reported |
| Shashi Bhushan Prasad Also directs: Stress Credit Resolution Private Limited | Irp/Rp/Liquidator | 20 Jul 2023 | 3 Years 3 Months | As last reported |
Auditor
Kiran Udyog Private Limited is audited by P M A S & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M A S & ASSOCIATES LLP | FY 2020 | 024726N |
Shareholding
The shareholding of Kiran Udyog 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kiran Udyog Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2021 | 100451661 | Tata Capital Financial Services Limited | ₹4.35 Cr | Open | |
| 22 Mar 2021 | 100444137 | Others | ₹9.58 Cr | Open | |
| 12 Mar 2021 | 100444136 | Others | ₹70 Lakh | Open | |
| 30 Oct 2020 | 100382457 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 28 Sep 2020 | 100383286 | The Jammu and Kashmir Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of Kiran Udyog Private Limited, buy the company report.
Total charge records: 98 View all charges
Legal cases
Kiran Udyog Private Limited has 118 court cases on record: 15 filed by Kiran Udyog, 104 filed against it. 36 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 84 | 30 |
| High courts | 13 | 10 | 1 |
| NCLT | 8 | 8 | 0 |
| NCLAT | 8 | 1 | 5 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 118)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S Sampark India Logistics Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Es Engineering P Ltd | Pending |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by M/S Vaks Multiple Service P Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Samyak Metals Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Samyak Metals Pvt. Ltd. | Pending |
To see the full case history of Kiran Udyog 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 Kiran Udyog Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kiran Udyog has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Unicast Autotech Private Limited | U34102DL2012PTC240620 |
To see the full group structure of Kiran Udyog Private Limited, buy the company report.
Employees & EPFO
Kiran Udyog Private Limited has a workforce of 86 employees on its EPFO records as of Apr 05, 2024, across 4 active EPFO establishments.
GST
Kiran Udyog has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AABCK4100H1Z6 | Uttarakhand | Active | 01 Jul 2017 |
| 06AABCK4100H1Z4 | Haryana | Active | 01 Jul 2017 |
| 24AABCK4100H1Z6 | Gujarat | Active | 24 Jan 2018 |
To see the full GST registrations and return filing status of Kiran Udyog Private Limited, buy the company report.
Recent activity
Kiran Udyog Private Limited has 16 board changes on record since 2000: 4 appointments and 12 cessations. The latest: Shashi Bhushan Prasad was appointed as Irp/Rp/Liquidator on 20 Jul 2023.
219 earlier events are in the company report.
Frequently asked questions
Kiran Udyog is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Kiran Udyog is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 10 January 2000 and is registered under CIN U51399DL2000PTC103175. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kiran Udyog has 4 current directors:
- Arvind Kumar Jain - Managing Director
- Rajiv Kumar Jain - Whole-Time Director
- Vivek Kumar Jain - Whole-Time Director
- Shashi Bhushan Prasad - Irp/Rp/Liquidator
The latest financial statements of Kiran Udyog on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kiran Udyog is U51399DL2000PTC103175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiran Udyog has open charges of ₹147.04 Cr and satisfied charges of ₹698.8 Cr as per latest MCA filings.
Kiran Udyog has 118 court cases on record: 15 filed by the company and 104 filed against it. 36 are pending. Most are in the district courts.
Kiran Udyog was incorporated on 10 January 2000. It is registered with the Registrar of Companies, Delhi.
Shashi Bhushan Prasad was appointed as Irp/Rp/Liquidator on 20 Jul 2023. Yogesh Kumar Chouhan ceased to be Company Secretary on 19 Jun 2019. Vishal Gupta ceased to be Company Secretary on 24 Oct 2017. Kiran Udyog has 16 board changes on record in total.
Kiran Udyog can be reached through the website kiranudyogindia.com. Its registered office is in New Delhi, Delhi, India.