Kinetic Engineering to raise INR 54 cr to expand, cut debt and invest in EV arm
The company Board has approved the raising of over INR 54 crore from various available sources including from promoters and sale of non-core assets.
Kinetic Engineering Limited
Company limited by Shares (2)Kinetic Engineering Limited Overview
INDIA HO
PUNECIN
L35912MH1970PLC014819TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.kineticindia.comFOUNDED
08 Oct,1970PAID-UP CAPITAL
482,010,760AUTHORISED CAPITAL
1,959,082,530Kinetic Engineering Limited in News
Kinetic Engineering reports 106% jump in EBITDA in Q4 FY22
Its Q4 FY22 revenue was up 43% Y-o-Y at INR 124.35 crore from INR 87.03 crore in the previous financial year, the company said.
Kinetic Engineering eyeing partnership for battery and motor manufacturing
Kinetic Engineering is in talks with Japanese and Korean companies to explore partnerships for the motors and it has already been approached by a vehicle maker to manufacture battery.
Kinetic plans to make two and three wheeler engines
This is in addition to its plans to develop a brand new motorcycle in the 250-500 cc displacement segment in collaboration with its partner British bike brand Norton
Directors of Kinetic Engineering Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Ramesh Jankiram Kabra | Unlock to View | Unlock to View | Director | 28 Jun,2014 |
| Jinendra Hirachand Munot | Unlock to View | Unlock to View | Director | 06 Aug,2011 |
| Ajinkya Arun Firodia | Unlock to View | Unlock to View | Managing director | 06 Apr,2009 |
| Deepali Bahl | Unlock to View | Unlock to View | Alternate director | 30 Mar,2009 |
| Sulajja Motwani Firodia | Unlock to View | Unlock to View | Whole-time director | 04 May,1996 |
| Sudhir Sanghi | Unlock to View | Unlock to View | Director | 31 Oct,1995 |
| Kantilal Hastimal Sancheti | Unlock to View | Unlock to View | Director | 27 May,1989 |
| Shirish Ratanlal Kotecha | Unlock to View | Unlock to View | Director | 27 Nov,1987 |
| Arun Hastimal Firodia | Unlock to View | Unlock to View | Whole-time director | 01 Jul,1987 |
Unlock Kinetic Engineering Limited to view more data
Financials
Kinetic Engineering Limited‘s balance sheet, profit & loss figures and Financial Ratios
Plant Details
Get plant information and details for Kinetic Engineering Limited
Clients
Know the direct, tier 1 and foreign suppliers for Kinetic Engineering Limited
Revenue Sources
Which business is the best revenue generator for Kinetic Engineering Limited
Company Structure
Kinetic Engineering Limited‘s subsidiaries, Joint Ventures, Associates & Signatories
Contact this company