Kar Commercials Private Limited

Founded in 1995 and headquartered in Jammu & Kashmir, India.

1995 | Jammu, Jammu & Kashmir (India) | Active
Last Updated: December 21, 2024

Kar Commercials Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.22 M
  • Revenue Growth -30.44%
  • Profit Growth -65.02%
  • Ebitda 92.56%
  • Net Worth 4.19%
  • Total Assets -9.89%

About Kar Commercials

Kar Commercials Private Limited (KCPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 September 1995 and has a history of 29 years and four months. Its registered office is in Jammu, Jammu & Kashmir, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.

The company has closed loans amounting to ₹0.22 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Simi Khorana and Neelam Datta serve as directors at the Company.

Company Details

  • Location

    Jammu, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921JK1995PTC001478

  • Company No.

    001478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1995

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Financial Services

Who are the key members and board of directors at Kar Commercials?

Executive Team (1)

Name Designation Appointment Date Status
Simi Khorana Country flag representing In Managing Director 28-Sep-1995 Current

Board Members (1)

Name Designation Appointment Date Status
Neelam Datta Country flag representing In Director 01-Dec-2006 Current

Financial Performance of Kar Commercials.

Kar Commercials Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 30.44% decrease. The company also saw a substantial fall in profitability, with a 65.02% decrease in profit. The company's net worth moved up by a moderate rise of 4.19%.

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
-30.44%
Revenue from Operations
Total Assets
-9.89%
Profit or Loss
-65.02%
Net Worth
4.19%
EBITDA
92.56%

What is the Ownership and Shareholding Structure of Kar Commercials?

In 2017, Kar Commercials 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

₹0

Satisfied Charges

₹0.22 M

Charges Breakdown by Lending Institutions

  • The Jammu & Kashmir Bank Limited : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
17 Jun 2008 The Jammu & Kashmir Bank Limited ₹0.22 M Satisfied

How Many Employees Work at Kar Commercials?

Unlock and access historical data on people associated with Kar Commercials, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kar Commercials, 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 Kar Commercials'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 Kar Commercials

Recent activity within the organization

  • Annual General Meeting

    Kar Commercials Private Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Balance Sheet

    Kar Commercials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.

    31 Mar 2024

  • Charges

    A charge registered on 17 Jun 2008 via Charge ID 10111178 with The Jammu & Kashmir Bank Limited was fully satisfied on 15 Sep 2010.

    15 Sep 2010

  • Charges

    A charge with The Jammu & Kashmir Bank Limited amounted to Rs. 0.22 M with Charge ID 10111178 was registered on 17 Jun 2008.

    17 Jun 2008

  • Director Appointment

    Neelam Singh Datta was appointed as a Director was appointed as a Director on 01 Dec 2006 & has been associated with this company since 18 years 2 months .

    01 Dec 2006

  • Director Appointment

    Simi Khorana was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 1995 & has been associated with this company since 29 years 4 months .

    28 Sep 1995

Frequently asked questions

  • Kar Commercials Private Limited was incorporated on 28 Sep 1995.

  • The authorized share capital of Kar Commercials Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Kar Commercials Private Limited.

    • Simi Khorana
    • Neelam Singh Datta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kar Commercials Private Limited is H. No. 167 Sector - 1 Trikuta Nagar Kashmir India, Jammu, Jammu & Kashmir, 180012.

  • The corporate identification number (CIN) of Kar Commercials Private Limited is U65921JK1995PTC001478 and the company number is 001478 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kar Commercials Private Limited has fallen by -30.44%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kar Commercials Private Limited has experienced an upsurge of 4.19%.

  • The most recent Balance Sheet for Kar Commercials Private Limited was filed with the ROC on 31 Mar 2024.

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