Rama Krishna Knitters Private Limited
About Rama Krishna Knitters Private Limited
Data last updated:
Rama Krishna Knitters Private Limited is a private limited company based in Ludhiana, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 2007.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17301PB2007PTC030900. Its GSTIN is 03AADCR5253N2Z7 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹37 Cr. It is led by directors Shallu Gupta and Prem Shankar Vishwakarma.
Its last annual general meeting (AGM) was held on 25 June 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 77 2nd Floor Stno.2 Block – B Civil City Shiv Durga Mandir Haibowal Kalan, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2015, the company reported a revenue of ₹436.46 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹95.76 Cr (net margin -21.9%) and EBITDA of -₹60.51 Cr (EBITDA margin -13.9%).
As per MCA filings, the company has open charges of ₹556.61 Cr and satisfied charges of ₹48.4 Cr on record. Court records list 26 cases involving the company, including 4 filed by the company and 22 filed against it.
Company details
Contact details
Rama Krishna Knitters Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address77 2nd Floor Stno.2 Block – B Civil City Shiv Durga Mandir Haibowal Kalan, Ludhiana, Punjab, India – 141001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Rama Krishna Knitters 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
Business activity
The main business activity of Rama Krishna Knitters is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Rama Krishna Knitters Private Limited, buy the company report.
Financials of Rama Krishna Knitters Private Limited
FY 2015 filings availableRama Krishna Knitters Private Limited reported revenue of ₹436.46 Cr (down 23% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year. EBITDA fell 314% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹436.46 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹60.51 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹95.76 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -13.9% |
| Net Profit Margin | -21.9% |
| 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 Rama Krishna Knitters Private Limited, buy the company report.
Board of directors of Rama Krishna Knitters Private Limited
Rama Krishna Knitters has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shallu Gupta | Director | 01 Jan 2013 | 13 Years 10 Months | As last reported |
| Prem Shankar Vishwakarma | Additional Director | 06 May 2017 | 9 Years 5 Months | As last reported |
Peer comparison
Rama Krishna Knitters Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Damodar Industries Limited | ₹446.65 Cr (FY 2025) | -40.0% | Mumbai, Maharashtra, India | |||
| Ganesha Ecopet Private Limited | ₹441.37 Cr (FY 2025) | 319.0% | Kanpur, Uttar Pradesh, India | |||
| V.P. Tex Private Limited | ₹439.34 Cr (FY 2025) | 25.0% | Pallipalayam, Tamil Nadu, India | |||
| Shakthi Knitting Private Limited | ₹437.84 Cr (FY 2025) | 15.0% | Chennai, Tamil Nadu, India | |||
| Cta Apparels Private Limited | ₹437.84 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Rama Krishna Knitters Private Limitedthis company | ₹436.46 Cr (FY 2015) | -₹95.76 Cr | -21.9% | -23.0% | Ludhiana, Punjab, India | |
| Eastman Spinning Mills Private Limited | ₹432.73 Cr (FY 2022) | 83.0% | Tirupur, Tamil Nadu, India | |||
| Shiva Texfabs Limited | ₹424.27 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India | |||
| Rudra Ecospin Recyclers Limited | ₹422.37 Cr (FY 2024) | -18.0% | Ludhiana, Punjab, India | |||
| Swaraj Suiting Limited | ₹418.36 Cr (FY 2025) | 29.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Rama Krishna Knitters Private Limited, buy the company report.
Auditor
Rama Krishna Knitters Private Limited is audited by S KALRA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KALRA & ASSOCIATES | FY 2015 | 009739N |
Shareholding
The shareholding of Rama Krishna Knitters Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rama Krishna Knitters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2015 | 10566298 | Punjab National Bank | ₹2.28 Cr | Open | |
| 30 Mar 2015 | 10566188 | Punjab National Bank | ₹69.31 Cr | Open | |
| 30 Mar 2015 | 10566190 | Punjab National Bank | ₹2.26 Cr | Open | |
| 30 Mar 2015 | 10578042 | Corporation Bank | ₹12.21 Cr | Open | |
| 30 Mar 2015 | 10566187 | Punjab National Bank | ₹15.27 Cr | Open |
To see the full charge records of Rama Krishna Knitters Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Rama Krishna Knitters Private Limited has 26 court cases on record: 4 filed by Rama Krishna Knitters, 22 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 0 |
| High courts | 5 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Religare Finvest Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Capital First Limited | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by M/S Kotak Mahindra Bank Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, Ludhiana, Punjab | Arbitration matter | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
To see the full case history of Rama Krishna Knitters 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
Rama Krishna Knitters Private Limited was last rated by Crisil on 21 Apr 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Apr 2016 |
To see the full credit ratings and regulatory alerts of Rama Krishna Knitters Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rama Krishna Knitters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rama Krishna Knitters has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCR5253N2Z7 | Punjab | Active | 01 Jun 2020 |
To see the full GST registrations and return filing status of Rama Krishna Knitters Private Limited, buy the company report.
Recent activity
Rama Krishna Knitters Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Prem Shankar Vishwakarma was appointed as Additional Director on 06 May 2017.
29 earlier events are in the company report.
Frequently asked questions
Rama Krishna Knitters is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rama Krishna Knitters is a company under liquidation, formerly operating as a private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 2007 and is registered under CIN U17301PB2007PTC030900. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rama Krishna Knitters has 2 current directors:
- Shallu Gupta - Director
- Prem Shankar Vishwakarma - Additional Director
The latest financial statements of Rama Krishna Knitters on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 25 June 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rama Krishna Knitters is U17301PB2007PTC030900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rama Krishna Knitters has open charges of ₹556.61 Cr and satisfied charges of ₹48.4 Cr as per latest MCA filings.
Rama Krishna Knitters has 26 court cases on record: 4 filed by the company and 22 filed against it. Most are in the district courts.
Rama Krishna Knitters was incorporated on 15 February 2007. It is registered with the Registrar of Companies, Chandigarh.
The peers of Rama Krishna Knitters by revenue are Damodar Industries Limited, Ganesha Ecopet Private Limited, V.P. Tex Private Limited, Shakthi Knitting Private Limited, Cta Apparels Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Prem Shankar Vishwakarma was appointed as Additional Director on 06 May 2017. Rajeev Talwar ceased to be Additional Director on 06 May 2017. Aman Saggar ceased to be Additional Director on 31 Mar 2016. Rama Krishna Knitters has 11 board changes on record in total.
The registered office of Rama Krishna Knitters is at 77 2nd Floor Stno.2 Block – B Civil City Shiv Durga Mandir Haibowal Kalan, Ludhiana, Punjab, India – 141001.
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