Karam Safety Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 50.00 Cr
- Company Age 3 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 90.72 Cr
- Revenue Growth 16.31%
- Profit Growth 14.65%
- Ebitda 13.10%
- Net Worth 47.57%
- Total Assets -1.62%
About Karam Safety
Karam Safety Private Limited (KSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 April 2021 (Three years and ten months 13 days old ). Its registered office is in Udham Singh Nagar, Uttarakhand, India.
The Company is engaged in the Manufacturing 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 50.00 Cr and a paid-up capital of Rs 50.00 Cr.
The company currently has active open charges totaling ₹90.72 Cr.
The Key Managerial Personnel (KMP) at Karam Safety Private Limited India is Kumari Anugaya as COMPANY SECRETARY. Rajesh Nigam, Kavita Nigam, Sunita Sapra, and Eight other members serve as directors at the Company.
Company Details
- Location
Udham Singh Nagar, Uttarakhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31904UR2021PTC012333
- Company No.
012333
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Uttarakhand
Industry
Manufacturing
Who are the key members and board of directors at Karam Safety?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumari Anugaya  | Company Secretary | 15-Apr-2022 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunita Sapra | Director | 20-Apr-2021 | Current |
| Ranjit Sapra | Director | 20-Apr-2021 | Current |
| Laxmi Nigam | Director | 20-Apr-2021 | Current |
| Hemant Sapra | Whole-Time Director | 20-Apr-2021 | Current |
| Rajesh Nigam | Director | 20-Apr-2021 | Current |
| Kavita Nigam | Director | 20-Apr-2021 | Current |
Financial Performance of Karam Safety.
Karam Safety Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.31% increase. The company also saw a substantial improvement in profitability, with a 14.65% increase in profit. The company's net worth Soared by an impressive increase of 47.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karam Safety?
In 2023, Karam Safety had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Midas Safety Private LimitedPudukkaraipudur Balaji is a mutual person
- Pn International Private Limited
Rajesh Nigam, Kavita Nigam and 7 more are mutual person
- Pn Safetech Private Limited
Rajesh Nigam and Hemant Sapra are mutual person
- Karam Holding Private Limited
Rajesh Nigam, Hemant Sapra and 2 more are mutual person
Sn Trustees LlpRajesh Nigam, Kavita Nigam and 2 more are mutual person
- Juno Castings Private Limited
Rajesh Nigam, Kavita Nigam and 2 more are mutual person
Charges (Loans)
Open Charges
₹90.72 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 43.07 Cr
- Hdfc Bank Limited : 27.65 Cr
- Citi Bank N.A. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2024 | Hdfc Bank Limited | ₹1.60 Cr | Open |
| 27 Aug 2024 | Others | ₹1.93 Cr | Open |
| 09 May 2024 | Hdfc Bank Limited | ₹1.86 Cr | Open |
| 30 Nov 2023 | Others | ₹1.14 Cr | Open |
| 06 Jul 2023 | Citi Bank N.A. | ₹20.00 Cr | Open |
How Many Employees Work at Karam Safety?
Karam Safety has a workforce of 740 employees as of Apr 04, 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
Gain comprehensive insights into the Deals and Valuation data of Karam Safety, 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 Karam Safety's trajectory.
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.
Latest Updates, News, and FAQs on Karam Safety
Recent activity within the organization
- Annual General Meeting
Karam Safety Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Saarthak Dhawan was appointed as a Director was appointed as a Director on 27 Sep 2024 & has been associated with this company since 5 months 6 days .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.60 Cr with Charge ID 100989619 was registered on 11 Sep 2024.
- Charges
A charge with Others amounted to Rs. 1.93 Cr with Charge ID 100973205 was registered on 27 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.86 Cr with Charge ID 100923306 was registered on 09 May 2024.
- Director Appointment
Pudukkaraipudur Srinivasan Balaji was appointed as a Director was appointed as a Director on 02 May 2024 & has been associated with this company since 10 months 1 day .
Recent News, Updates & Announcement
KARAM Safety acquires Midas Safety India to strengthen its leadership position in the personal protection eq...The acquisition of Midas Safety India strengthens KARAM Group's position as a market leader in the safety industry, combining KARAM's expertise in fall protection and personal protective equipment (PPE) with Midas Safety India's extensive portfolio of hand protection safety products..
Frequently asked questions
What is the Incorporation or founding date of Karam Safety Private Limited?
Karam Safety Private Limited was incorporated on 20 Apr 2021.
What is authorized share capital and paid-up capital of Karam Safety Private Limited?
The authorized share capital of Karam Safety Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 50.00 Cr.
Who are the current board members & directors of Karam Safety Private Limited?
Currently 12 directors are associated with Karam Safety Private Limited.
- Rajesh Nigam
- Kavita Nigam
- Sunita Sapra
- Hemant Sapra
- Pudukkaraipudur Srinivasan Balaji
- Ranjit Sapra
- Saarthak Dhawan
- Ankita Sapra
- Vishal Nigam
- Ajit Sapra
- Laxmi Nigam
- Kumari Anugaya
What is the registered address of Karam Safety Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karam Safety Private Limited is C-35A, Phase-Iii Eldeco Sidcul India, Sitarganj, Uttarakhand, 262405.
What is the corporate identification number (CIN) and company number of Karam Safety Private Limited?
The corporate identification number (CIN) of Karam Safety Private Limited is U31904UR2021PTC012333 and the company number is 012333 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karam Safety Private Limited?
The Official website of Karam Safety Private Limited is https://www.karam.in
What has been the recent revenue trend for Karam Safety Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karam Safety Private Limited has risen by 16.31%.
How many employees does Karam Safety Private Limited currently have?
As Per 2023 financial reports, 740 employees are currently employed by Karam Safety Private Limited.
What change has been observed in the net worth of Karam Safety Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karam Safety Private Limited has experienced an upsurge of 47.57%.
What are the total open charges for Karam Safety Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karam Safety Private Limited amount to ₹ 90.72 Cr.
When was the last Balance Sheet of Karam Safety Private Limited filed with the ROC?
The most recent Balance Sheet for Karam Safety Private Limited was filed with the ROC on 31 Mar 2024.
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