What Kundan Edifice does

Kundan Edifice Limited (KEL) is an NSE-listed Indian manufacturer of flexible LED linear lighting products, headquartered in Vasai East, Palghar, Maharashtra. Founded in 2010 by Mehul Gupta and Rahul Gupta in infrastructure trading and pivoted into LED lighting manufacturing from 2014 under current Managing Director Divyansh Mukesh Gupta, KEL operates a single manufacturing facility at Lotus Industrial Park, Pelhar, that houses in-house SMT LED assembly lines, automatic kitting, moulding, PCB-level design, neon-silicone flex extrusion, IP65/IP68 encapsulation, and isolated AC-DC driver production. Its product portfolio spans six core lines — LV Flex LED strip lights, HV Flex LED rope lights, COB LED strips (up to 840 chips/meter), neon silicone flex, wall washers, and aluminium profiles — plus an accessory ecosystem of drivers, controllers, mounting tapes and connectors.

KEL's business model is anchored on OEM/private-label manufacturing for branded lighting customers in India, with Panasonic, Surya and Syska disclosed as flagship OEM partners. It supplements OEM volume with direct B2B sales to hospitality, industrial, healthcare, entertainment, signage, and infrastructure/building-solutions customers via an enquiry-driven website channel and quote-based pricing. Revenue mechanics are unit-driven hardware sales with project-lumpy B2B contracts and managed-services OEM branding/packing; no public price list is disclosed. Recent operational moves include in-house power supply component manufacturing and warehouse automation (May 2026), and participation in a ₹106+ crore collective order inflow in March 2026.

Name

Kundan Edifice

Legal name

Kundan Edifice Limited

Website

https://kundanedifice.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Kundan Edifice Limited is an India-based NSE-listed manufacturer of flexible LED strip lights, COB strips, neon silicone flex, drivers and accessories, primarily serving OEM/white-label customers including Panasonic, Surya and Syska, as well as hospitality, industrial, signage and infrastructure buyers.

Ownership category

akta.pro rank

Product category

LED Lighting Products

NAICS

Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing (335132), Electric Lighting Equipment Manufacturing (33513)

SIC

Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

Outdoor & Area Lighting (Street, Roadway, Parking, Flood, Sports/Architectural exterior) (IMAGAIAB)

akta.pro secondary industries

Wiring Devices & Receptacles (switches, sockets, plugs, industrial outlets, pin & sleeve) (IMAGAEAF), Machine Vision & Inspection Lighting (Ring lights, bar lights, backlights, strobed illumination) (IMAGAIAG), Hazardous Location & Explosion-Proof Lighting (ATEX/IECEx, intrinsically safe fixtures) (IMAGAIAC), Specialty & Task/Workstation Lighting (Inspection/task lights, cleanroom/food-grade, portable work lights) (IMAGAIAK), Lighting Parts, Shades & Accessories Retail (Harps, Finials, Glass, Mounting) (CRAIAHAI)

Keywords

• LED strip lights
• Flexible LED lighting
• OEM LED manufacturing
• Neon silicone flex
• LED drivers and accessories

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. LED lighting product sales: Direct sale of manufactured LED strip lights, COB strips, neon silicone flex, wall washers, aluminium profiles, drivers, controllers and accessories to OEMs, distributors and end customers. Revenue is transaction-based on unit orders.
2. OEM / private-label manufacturing services: Customised OEM manufacturing for branded customers (Panasonic, Surya, Syska) including custom drawings, production trials, branding and packing under the customer's logo. Acts as a contract manufacturer / private-label supplier for finished LED products.
3. Project and order-based B2B contracts: Large project orders in infrastructure and building solutions space, with disclosed fresh order inflow above ₹106 crore across multiple stocks in March 2026, providing revenue visibility and lumpy order-book driven revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Kundan Edifice Limited (KEL) manufactures and supplies flexible LED strip lights, high-voltage LED rope lights, COB LED strips, neon silicone flex, wall washers, aluminium profiles, isolated AC-DC drivers, and IoT-compatible controllers and accessories from its Vasai East facility in Maharashtra. The company operates as an OEM/private-label manufacturer for branded lighting customers such as Panasonic, Surya, and Syska, offering custom drawings, production trials, branding, packing, and logistics services under the customer's logo. It targets industrial, hospitality, healthcare, signage, and decorative application segments in India through direct B2B and enquiry-led sales.

Product overview

Kundan Edifice Limited (KEL) is a single-vendor LED lighting manufacturer offering a unified product portfolio rather than a platform-plus-modules architecture. The portfolio is organized into six core product lines (LV Flex LED strip lights, HV Flex LED rope lights, COB LED strips, Neon Silicone Flex, Wall Washers, and Aluminium Profiles) plus a comprehensive accessory ecosystem (Isolated AC-DC Drivers and Adaptors, Controllers and Remotes, Rectifier Accessory Kit, mounting tapes, clamps, and end caps). Together, these product lines and accessories form a complete flexible-LED-lighting solution — the core strips and rope lights provide the illumination, while the aluminium profiles enable mounting, the drivers/adaptors supply power, and the controllers enable RF/IR/WiFi-based smart control. KEL also lists a "Smart Light" category in its navigation menu, reflecting its roadmap towards IoT-enabled lighting products.

Differentiator

Problem solved

Functional benefit

Products and services

• LV Flex LED Strip Lights Low-voltage flexible LED strip lights offered in 2835 and 5050 LED variants with LED densities of 60, 96, 120, 144, 180, and 240 LEDs per meter at 12V/24V DC. Available in single colour, RGB, RGBW, RGBWW, RGB+CCT, and CCT tunable white, with IP20 indoor and IP65 outdoor ratings for accent, cove, facade, and festive lighting applications.
• HV Flex LED Rope Lights High-voltage 220V AC flexible LED rope lights using 2835 LEDs with IP65 ratings, LED densities of 60-240 LEDs per meter, and lengths from 5 to 50 meters. Available in single colour, RGB, CCT tunable, and Indian Tri-Colour variants for outdoor, facade, and festive decorative applications.
• COB LED Strips Chip-on-Board (COB) flexible LED strip lights with high-density configurations of 288, 320, 480, and 840 chips per meter at 12V and 24V. Offered in single colour, CCT tunable, and RGB variants with IP20 and IP65 ratings, dotless light output, and RF/WiFi control compatibility for accent and festive lighting.
• Neon Silicone Flex Silicone-encased flexible neon LED lights in seven profile sizes (06x12mm through 30x20mm) with bending flexibility, weather resistance, and contemporary architectural lighting design for decorative and signage applications.
• Wall Washers Wall washing and grazing lighting solutions including Flexible Wallwasher 24V (three models), 12V/24V IP68 Waterproof Flexible LED Strip Light, Optical Lens Light Strip, and IP20 12V/24V Wall Grazer. Designed for accent lighting, facade lighting, museums, galleries, subways, and outdoor building illumination.
• Aluminium Profiles Extruded aluminium mounting profiles in 19 models (KE 0709 through KE 7575) supplied with diffusers, end caps, and mounting clamps for surface, recessed, suspended, wall washer, inground, and stair lighting installations.
• Isolated AC-DC Drivers and Adaptors

Quantifiable outcome

• 50,000+ burning hours LED strip life
• +4 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered flagship.

• PanasonicflagshipOEM/ Whitelabel/ Licensing PartnerKEL manufactures LED strip lights as an OEM supplier to Panasonic, one of the three named OEMs (alongside Surya and Syska) that helped establish KEL as a pioneer in LED strip-light manufacturing in India. The relationship reflects KEL's brand-agnostic private-label capabilities, supporting Indian OEMs seeking to reduce Chinese import dependence.
• SuryaflagshipOEM/ Whitelabel/ Licensing PartnerKEL is an OEM manufacturer of LED strip lights for Surya, one of three flagship OEM customers (Panasonic, Surya, Syska). The relationship provides recurring demand for KEL's flexible LED strip production and validates its manufacturing scale and quality.
• SyskaflagshipOEM/ Whitelabel/ Licensing PartnerKEL manufactures LED strip lights as an OEM supplier for Syska, one of the three flagship OEM partners that helped position KEL as a Make-in-India pioneer in LED linear lighting.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Peers

• Eveready Industries India:

Broad incumbents

• Havells India: Havells is a diversified Indian lighting and electrical major with a broad consumer-facing portfolio. Comparable to KEL as a domestic lighting brand competing in the same end markets (hospitality, industrial, signage), though Havells is far larger and not specialised in strip/linear lighting.
• Crompton Greaves Consumer Electricals: Crompton is one of India's largest consumer electrical and lighting brands. It competes with KEL in residential and commercial LED lighting channels, including strip and decorative lighting, though its portfolio is far broader and its go-to-market is retail-led rather than OEM-led.
• Bajaj Electricals: Bajaj Electricals is a large Indian lighting, appliances and infrastructure EPC player. It is comparable to KEL in commercial and industrial lighting applications and in infrastructure-project channels, though it is far larger and not strip-specialised.
• Orient Electric: Orient Electric is an Indian lighting and fan major with strong retail distribution. Comparable to KEL as a domestic lighting competitor in consumer and commercial segments, though it operates a much wider portfolio and not a strip-focused OEM model.
• Wipro Lighting (Wipro Enterprise): Wipro Lighting is the professional lighting arm of Wipro Enterprise, serving commercial, industrial and institutional buyers across India. Comparable to KEL in industrial and commercial LED applications, including strip-based architectural lighting, though Wipro Lighting operates a broader professional-lighting portfolio.

Direct peers

• Syska LED: Syska is both an OEM customer of KEL and a competing Indian LED lighting brand. Directly comparable because it sells LED strips, smart lighting and accessories into the same hospitality, residential and retail channels that KEL targets, creating both partnership and competitive overlap.
• Surya Roshni: Surya is an OEM customer of KEL and one of India's largest lighting brands with its own LED manufacturing. Directly comparable because Surya sells LED strips, panels and luminaires into the same channels as KEL, with both partnership and competitive dynamics.
• Halonix Technologies: Halonix is an India-focused LED lighting manufacturer offering bulbs, panels, downlighters and strip lights. Directly comparable as a domestic Indian LED manufacturer competing for OEM and institutional customers across similar product categories and price points as KEL.

Market position

Strengths5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kundan Edifice