Karamveer Electronics Limited

Manufacturer of power and distribution transformers, specializing in CSP and amorphous core technology.

1984 | Meerut, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Karamveer Electronics Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 3.62 M
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.94 Cr
  • Satisfied Charges ₹ 9.39 Cr
  • Revenue Growth 6.40%
  • Profit Growth 64.29%
  • Ebitda 96.73%
  • Net Worth 6.09%
  • Total Assets 38.88%

About Karamveer Electronics

Karamveer Electronics Limited (KEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 November 1984 and has a history of 40 years and two months. Its registered office is in Meerut, Uttar Pradesh, India.

The Corporate was formerly known as Karamveer Electronics Private Limited. The Company is engaged in the Energy And Power 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 M and a paid-up capital of Rs 3.62 M.

The company currently has active open charges totaling ₹31.94 Cr. The company has closed loans amounting to ₹9.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Jain, Shikha Jain, and Arnav Jain serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32101UP1984PLC006856

  • Company No.

    006856

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1984

  • Date of AGM

    23 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Energy and Power

Who are the key members and board of directors at Karamveer Electronics?

Board Members (3)

Name Designation Appointment Date Status
Vivek Jain Country flag representing In Director 31-Mar-2015 Current
Shikha Jain Country flag representing In Director 30-Jan-2006 Current
Arnav Jain Country flag representing In Director 21-Aug-2012 Current

Financial Performance of Karamveer Electronics.

Karamveer Electronics Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.4% increase. The company also saw a substantial improvement in profitability, with a 64.29% increase in profit. The company's net worth moved up by a moderate rise of 6.09%.

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
6.40%
Revenue from Operations
6.89%
Total Assets
38.88%
Profit or Loss
64.29%
Net Worth
6.09%
EBITDA
96.73%

What is the Ownership and Shareholding Structure of Karamveer Electronics?

In 2023, Karamveer Electronics had a promoter holding of 81.52% and a public holding of 18.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹319.40 M

Satisfied Charges

₹93.85 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 20.00 Cr
  • State Bank Of India : 11.94 Cr

Latest Charge Details

Date Lender Amount Status
17 Apr 2023 State Bank Of India ₹1.50 M Open
01 Oct 2022 Uco Bank ₹20.00 Cr Open
23 Oct 2017 State Bank Of India ₹11.79 Cr Open
16 Jan 2012 Allahabad Bank ₹6.00 Cr Satisfied
11 Aug 2011 Punjab National Bank ₹0.50 M Satisfied

How Many Employees Work at Karamveer Electronics?

Karamveer Electronics has a workforce of 14 employees as of Apr 06, 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 Karamveer Electronics, 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 Karamveer Electronics'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 Karamveer Electronics

Recent activity within the organization

  • Charges

    A charge with Uco Bank of Rs. 200.00 M registered on 01 Oct 2022 with Charge ID 100613567 was modified on 11 Jan 2024.

    11 Jan 2024

  • Annual General Meeting

    Karamveer Electronics Limited last Annual general meeting of members was held on 23 Aug 2023 as per latest MCA records.

    23 Aug 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.50 M with Charge ID 100723369 was registered on 17 Apr 2023.

    17 Apr 2023

  • Balance Sheet

    Karamveer Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Uco Bank amounted to Rs. 200.00 M with Charge ID 100613567 was registered on 01 Oct 2022.

    01 Oct 2022

  • Charges

    A charge with State Bank Of India of Rs. 117.90 M registered on 23 Oct 2017 with Charge ID 100131006 was modified on 29 Sep 2021.

    29 Sep 2021

Frequently asked questions

  • Karamveer Electronics Limited was incorporated on 27 Nov 1984.

  • The authorized share capital of Karamveer Electronics Limited is ₹ 6.00 M and paid-up capital is ₹ 3.62 M.

  • Currently 3 directors are associated with Karamveer Electronics Limited.

    • Vivek Jain
    • Shikha Jain
    • Arnav Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karamveer Electronics Limited is Behind B-9Industrialestate Partapur Meerut India, Uttar Pradesh, 250103.

  • The corporate identification number (CIN) of Karamveer Electronics Limited is U32101UP1984PLC006856 and the company number is 006856 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karamveer Electronics Limited is https://www.karamveer.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karamveer Electronics Limited has risen by 6.40%.

  • As Per 2023 financial reports, 14 employees are currently employed by Karamveer Electronics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karamveer Electronics Limited has experienced an upsurge of 6.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karamveer Electronics Limited amount to ₹ 31.94 Cr.

  • The most recent Balance Sheet for Karamveer Electronics Limited was filed with the ROC on 31 Mar 2023.

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