Karamtara Engineering Limited

Manufactures transmission line towers, steel fasteners, nuts, bolts, washers, and solar mounting structures.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Karamtara Engineering Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 292.30 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,121.34 Cr
  • Satisfied Charges ₹ 3,190.25 Cr
  • Revenue Growth 27.24%
  • Profit Growth 71.55%
  • Ebitda 31.37%
  • Net Worth 4.20%
  • Total Assets 7.55%

About Karamtara Engineering

Karamtara Engineering Limited (KEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 1996 and has a history of 28 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 500.00 Cr and a paid-up capital of Rs 292.30 Cr.

The company currently has active open charges totaling ₹2,121.34 Cr. The company has closed loans amounting to ₹3,190.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karamtara Engineering Limited India are Sanjay Khare as Company Secretary, Prasanta Nath as Cfo, and Sunil Rustagi as Ceo. Sunil Rustagi, Avnish Bajaj, Tilokchand Ostwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45207MH1996PLC099333

  • Company No.

    099333

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Karamtara Engineering Limited offer?

Karamtara Engineering Limited offers a wide range of products and services, including Hardware: Hooks & Mounts, Industrial Mountings, Antennas, Wifi & Communication Tower, Communication Towers, Alloy, Metal and Industrial Nuts, Hex Nuts, Steel & Stainless Steel Products, Industrial Steel, Steel Profile, Fasteners.

Who are the key members and board of directors at Karamtara Engineering?

Executive Team (5)

NameDesignationAppointment DateStatus
Tanveer Singh Country flag representing In Managing Director08-May-1996Current
Rajiv Singh Country flag representing In Managing Director15-May-1996Current
Sanjay Khare Country flag representing In Company Secretary13-Dec-2024Current
Prasanta Nath CFO13-Dec-2024Current
Sunil Rustagi CEO11-Oct-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Sunil Rustagi Country flag representing In Whole-Time Director 03-Aug-2024Current
Avnish Bajaj Country flag representing Us Director 10-Jan-2025Current
Tilokchand Ostwal Country flag representing In Director 10-Jan-2025Current
Shreyans Shah Country flag representing In Whole-Time Director 02-Sep-2013Current
Shailesh Mishra Country flag representing In Director 10-Jan-2025Current
Irina Garg Director 10-Jan-2025Current

Financial Performance of Karamtara Engineering.

Karamtara Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.24% increase. The company also saw a substantial improvement in profitability, with a 71.55% increase in profit. The company's net worth moved up by a moderate rise of 4.2%.

Karamtara Engineering revenue growth over time
Karamtara Engineering 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
27.24%
Revenue from Operations
28.44%
Total Assets
7.55%
Profit or Loss
71.55%
Net Worth
4.20%
EBITDA
31.37%

What is the Ownership and Shareholding Structure of Karamtara Engineering?

In 2023, Karamtara Engineering 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

₹2,121.34 Cr

Satisfied Charges

₹3,190.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 1725.97 Cr
  • Yes Bank Limited : 187.50 Cr
  • Hdfc Bank Limited : 160.16 Cr
  • Tata Capital Financial Services Limited : 47.56 Cr
  • Centurion Bank Ltd. : 0.08 Cr
  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2025Others₹2.30 CrOpen
22 Nov 2024Others₹60.00 CrOpen
30 Sep 2024Others₹18.75 CrOpen
23 Sep 2024Hdfc Bank Limited₹100.00 CrOpen
18 Sep 2024Others₹7.01 MOpen

How Many Employees Work at Karamtara Engineering?

Karamtara Engineering has a workforce of 416 employees as of Sep 24, 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.

Employee growth trends for Karamtara Engineering Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karamtara Engineering, 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 Karamtara Engineering'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 Karamtara Engineering

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 2.30 Cr registered on 31 Jan 2025 with Charge ID 101040924 was modified on 13 Feb 2025.

  • Charges

    A charge with Others amounted to Rs. 2.30 Cr with Charge ID 101040924 was registered on 31 Jan 2025.

  • Charges

    A charge registered on 29 Jul 2020 via Charge ID 100353930 with Others was fully satisfied on 28 Jan 2025.

  • Charges

    A charge registered on 14 Jul 2017 via Charge ID 100115287 with Others was fully satisfied on 28 Jan 2025.

  • Director Appointment

    Avnish Bajaj was appointed as a Director was appointed as a Director on 10 Jan 2025 & has been associated with this company since 2 months 19 days .

  • Director Appointment

    Tilokchand Punamchand Ostwal was appointed as a Director was appointed as a Director on 10 Jan 2025 & has been associated with this company since 2 months 19 days .

Frequently asked questions

  • What is the Incorporation or founding date of Karamtara Engineering Limited?

    Karamtara Engineering Limited was incorporated on 08 May 1996.

  • What is authorized share capital and paid-up capital of Karamtara Engineering Limited?

    The authorized share capital of Karamtara Engineering Limited is ₹ 500.00 Cr and paid-up capital is ₹ 292.30 Cr.

  • Who are the current board members & directors of Karamtara Engineering Limited?

    Currently 11 directors are associated with Karamtara Engineering Limited.

    • Sunil Rustagi
    • Avnish Bajaj
    • Tilokchand Punamchand Ostwal
    • Shreyans Jitendra Shah
    • Rajiv Singh
    • Tanveer Singh
    • Shailesh Kumar Mishra
    • Irina Garg
    • Sanjay Khare
    • Prasanta Kumar Nath
    • Sunil Kumar Rustagi

  • What is the registered address of Karamtara Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karamtara Engineering Limited is 705 Morya Landmark Ii New Link Road Andheri (West), India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Karamtara Engineering Limited?

    The corporate identification number (CIN) of Karamtara Engineering Limited is U45207MH1996PLC099333 and the company number is 099333 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karamtara Engineering Limited?

    The Official website of Karamtara Engineering Limited is https://www.karamtara.com

  • What has been the recent revenue trend for Karamtara Engineering Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Karamtara Engineering Limited has risen by 27.24%.

  • How many employees does Karamtara Engineering Limited currently have?

    As Per 2022 financial reports, 416 employees are currently employed by Karamtara Engineering Limited.

  • What change has been observed in the net worth of Karamtara Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Karamtara Engineering Limited has experienced an upsurge of 4.20%.

  • What are the total open charges for Karamtara Engineering Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Karamtara Engineering Limited amount to ₹ 2,121.34 Cr.

  • When was the last Balance Sheet of Karamtara Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Karamtara Engineering Limited was filed with the ROC on 31 Mar 2024.

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