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KURLON Limited Unlisted Shares

KURLON Limited

Kurl-on Ltd (old name – Karnataka Consumer Products Ltd), subsidiary of Maha Rashtra Apex Corporation Ltd (38.25% stake) was incorporated in Year 1962. Kurlon Ltd undertakes its manufacturing /Distribution of Rubberized coir, Latex Foam, Polyurethane foam, Pillows, Spring Mattresses, Furniture, Furnishing etc under brand name “Kurlon”.Kurlon Ltd with total mattress sale of Rs 600+ Crs as on March 2017 enjoys a market share of 35% to 40%.

Financial Highlights – (Fig in Crs.) Annual Report 2017 – Kurlon Ltd

Particulars Standalone Consolidated
2017 2016 2017 2016
Total Income 100 81 963 824
PAT 6 8 56 42
EPS 3.93 5.69 37.55 28.34
Equity 14.88 14.88 14.88 14.88
Face value 10 10 10 10
Book value 108.74 104.81 233.90 196.98

SUBSIDIARY COMPANY: KURLON ENTERPRISE LTD

Kurl-on Ltd incorporated a subsidiary company Kurlon Enterprises Ltd in 2011. In 2014 Kurlon Ltd undertook a business transfer agreement in which it transferred its business (including assets, liabilities, contracts and licenses) of Rubberized Coir, Latex Foam, Polyurethane Foam, Pillows, Spring Mattresses, Furniture, Furnishing, and related products were transferred to Kurlon Enterprise Ltd. Buy Kurlon Limited Unlisted share.

Kurlon Enterprises Ltd sells its products under the flagship brand name “Kurlon” along with sub-brands i.e Bounty, Fantasy, Grandeur, Klassic, Mermaid, Ortho, Panacea, Relish, SpineKare, etc

Top 3 Shareholders of Kurlon Enterprise Ltd– As on 31/3/2017

Shareholder % Holding
Kurlon Ltd 82.31%
India Business Excellence Fund IIA 10.47%
India Business Excellence Fund II 5.89%

Arms Securities Pvt Ltd Selling Kurlon Limited shares on best price in Delhi, Mumbai, Bangluru, India. Kurlon share Price.

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