Mobile Nav



KKV Agro Powers Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 14.67 Cr. P/BV 1.03 Book Value (₹) 315.07
52 Week High/Low (₹) 507/323 FV/ML 10/250 P/E(X) 9.57
Bookclosure 20/07/2018 EPS (₹) 33.80 Div Yield (%) 0.31
Year End :2016-03 

1 The company has converted from a Private limited company to a Public limited company along with change of name of the company from Nachas Wind Energy Private Limited to KKV Agro Powers Limited vide fresh Certificate of Incorporation given by the Ministry of Corporate Affairs on 18-05-2015.

2. (i) List of Related Parties with whom transactions have taken place during the year 2015-16 and 2014-15 and relationship.(As identified by the management and relied upon by Auditors)

(a) Holding Company:


(b) Key Management Personnel:

- Mr.T.K.Chandiran

- Ms.C.Selvi

- Mr.A.C.Vineeth Kumar

(c) Others: (Enterprise over which Key Management Personnel are able to exercise significant influence)

- The KTM Jewellery Limited

- Space Textiles Private Limited

- KKV Gold N Retail Limited

- SCM Global Brands Private Limited

3. Disclosure under Accounting Standard 15:

Description of the Company's defined benefit plan:

The company operates a defined benefit plan for payment of post employment benefits in the form of gratuity. Benefits under the plan are based on pay and years of service and vested on completion of five years of service, as provided in the Payment of Gratuity Act, 1972. The terms of benefits are common for all the employees of the company.

4. Segment Information:

- The company operates under only one segment viz. business of generation and sale of electricity.

5. The Company has recognized deferred tax asset in line with the requirements of AS-22. Deferred tax asset has been recognized on unabsorbed depreciation and carry forward of business losses under tax laws to the extent that there is virtual certainty supported by power purchase agreement entered into by the Company for sale of wind and solar power.

6. Inventory represents Renewable Energy Certificates (REC) held for sale which is valued at Cost or Net realizable value whichever is lower.

7. Post the Balance sheet date, the company had made a public issue of 1, 12,000 Equity shares of face value of ' 10 each at a premium of ' 310 per equity share. The initial public offer was fully subscribed and has been listed on the SME platform of the National Stock Exchange of India Ltd (NSE Emerge) on 15-07-2016.

8. In the opinion of the management, the current assets and loans and advances as stated in the Balance Sheet will realize to the extent stated therein.

9. Balances in parties' accounts are subject to confirmation and reconciliation, if any. Appropriate adjustments will be made as and when the balances are reconciled.

10. Previous years figures have been regrouped, reclassified and rearranged wherever necessary to conform to the current years classification.

11. All Figures have been rounded off to the nearest rupee.

Attention Investors :
Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .......... Issued in the interest of investors
Attention Investors :
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day......................issued in the interest of investors.
Attention Investors :
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
“Investment in securities market are subject to market risks, read all the related documents carefully before investing”.