Art Karat International Ltd

Designs and produces high-end jewelry, with stores in India and an online platform.

1983 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Art Karat International Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.33 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 46.39%
  • Profit Growth 246.14%
  • Ebitda 39.34%
  • Net Worth 75.29%
  • Total Assets -3.58%

About Art Karat International

Art Karat International Ltd (AKIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 November 1983 and has a history of 41 years and three months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Kamaimpex Pvt Ltd. The Company is engaged in the Consumer Goods 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹70.33 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Asha Modi, Shivani Modi, Kamal Modi, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    artkarat.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL1983PLC016923

  • Company No.

    016923

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods
E-Commerce

Who are the key members and board of directors at Art Karat International?

Board Members (4)

Name Designation Appointment Date Status
Asha Modi Country flag representing In Director 10-Nov-1983 Current
Shivani Modi Country flag representing In Director 31-May-2005 Current
Kamal Modi Country flag representing In Director 10-Nov-1983 Current
Saket Modi Country flag representing In Director 15-Mar-2014 Current

Financial Performance of Art Karat International.

Art Karat International Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 46.39% increase. The company also saw a substantial improvement in profitability, with a 246.14% increase in profit. The company's net worth Soared by an impressive increase of 75.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
46.39%
Revenue from Operations
47.35%
Total Assets
-3.58%
Profit or Loss
246.14%
Net Worth
75.29%
EBITDA
39.34%

What is the Ownership and Shareholding Structure of Art Karat International?

In 2023, Art Karat International had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.33 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 41.15 Cr
  • Kotak Mahindra Bank Limited : 18.00 Cr
  • Indiabulls Financial Services Limited : 7.21 Cr
  • Hdfc Bank Limited : 1.93 Cr
  • Dcb Bank : 0.73 Cr
  • Others : 1.31 Cr

Latest Charge Details

Date Lender Amount Status
05 Jan 2021 Others ₹3.00 Cr Open
23 Jun 2020 Hdfc Bank Limited ₹1.30 Cr Open
12 Mar 2018 Others ₹2.00 Cr Open
28 Apr 2017 Others ₹12.00 Cr Open
28 Mar 2017 Others ₹10.00 Cr Open

How Many Employees Work at Art Karat International?

Art Karat International has a workforce of 9 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Art Karat International, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Art Karat International's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Art Karat International

Recent activity within the organization

  • Annual General Meeting

    Art Karat International Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Art Karat International Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100400162 was registered on 05 Jan 2021.

    05 Jan 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100345699 was registered on 23 Jun 2020.

    23 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100172898 was registered on 12 Mar 2018.

    12 Mar 2018

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100097498 was registered on 28 Apr 2017.

    28 Apr 2017

Frequently asked questions

  • Art Karat International Ltd was incorporated on 10 Nov 1983.

  • The authorized share capital of Art Karat International Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Art Karat International Ltd.

    • Asha Modi
    • Shivani Modi
    • Kamal Kumar Modi
    • Saket Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Art Karat International Ltd is S-48 Panchsheel Park, New Delhi, India, 110017.

  • The corporate identification number (CIN) of Art Karat International Ltd is U51909DL1983PLC016923 and the company number is 016923 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Art Karat International Ltd is https://www.artkarat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Art Karat International Ltd has risen by 46.39%.

  • As Per 2023 financial reports, 9 employees are currently employed by Art Karat International Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Art Karat International Ltd has experienced an upsurge of 75.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Art Karat International Ltd amount to ₹ 70.33 Cr.

  • The most recent Balance Sheet for Art Karat International Ltd was filed with the ROC on 31 Mar 2023.