Karan Letex Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 31-07-2024
- Paid Up Capital ₹ 0.39 Cr
as on 31-07-2024
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.64 Cr
as on 31-07-2024
- Revenue -45.32%
(FY 2023)
- Profit -82.48%
(FY 2023)
- Ebitda -79.40%
(FY 2023)
- Net Worth 4.84%
(FY 2023)
- Total Assets 1.21%
(FY 2023)
About Karan Letex
The Corporate was formerly known as Karan Letex Private Limited. The Company is engaged in the Fashion And Accessories Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 0.39 Cr.
The company currently has active open charges totaling ₹27.64 Cr.
Bharat Garg, Deep Garg, Karan Garg, and Three other members serve as directors at the Company.
- CIN/LLPIN
U18101UP1993PLC015337
- Company No.
015337
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Apr 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Kanpur, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Karan Letex?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Garg  | Whole-Time Director | 28-Apr-1993 | Current |
| Deep Garg | Whole-Time Director | 28-Apr-1993 | Current |
| Karan Garg | Whole-Time Director | 01-Apr-2009 | Current |
| Vivek Kumar | Director | 30-Jul-2022 | Current |
| Amit Goel | Director | 16-Sep-2020 | Current |
| Manish Tiwari | Director | 30-Jul-2022 | Current |
Financial Performance and Corporate Structure Insights of Karan Letex.
Karan Letex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.32% decrease. The company also saw a substantial fall in profitability, with a 82.48% decrease in profit. The company's net worth moved up by a moderate rise of 4.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karan Letex?
In 2023, Karan Letex had a promoter holding of 87.36% and a public holding of 12.64%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prakriti Corporation Private Limited
Active
12 years 5 months Bharat Garg and Karan Garg are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Dec 2023 | ₹2.00 M | Open |
State Bank Of India Creation Date: 19 Sep 2007 | ₹25.90 Cr | Open |
State Bank Of India Creation Date: 29 May 1998 | ₹7.70 M | Open |
How Many Employees Work at Karan Letex?
Karan Letex has a workforce of 127 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
As of Jan 15, 2016, Karan Letex has raised a total of ₹ 2.68 Cr, with the most recent deal valued at ₹ 4 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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