Karan Automotives Private Limited

Manufactures metal sheets and tubes for cycles, four- and two-wheelers, and general engineering industry.

2003 | New Delhi, Delhi (India) | Active
Last Updated: July 07, 2024

Karan Automotives Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.48 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.34 Cr
  • Satisfied Charges ₹ 29.56 Cr
  • Revenue Growth 6.48%
  • Profit Growth -86.95%
  • Ebitda 2.40%
  • Net Worth 14.48%
  • Total Assets -10.27%

About Karan Automotives

Karan Automotives Private Limited (KAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 2003 and has a history of 21 years and 11 months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 3.48 M.

The company currently has active open charges totaling ₹24.34 Cr. The company has closed loans amounting to ₹29.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ranjit Singh and Ravinder Singh serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    karanautomotives.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2003PTC118971

  • Company No.

    118971

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2003

  • Date of AGM

    20 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Karan Automotives Private Limited offer?

Karan Automotives Private Limited offers a wide range of products and services, including Metal Fitting, Metal Rings.

Who are the key members and board of directors at Karan Automotives?

Board Members (2)

Name Designation Appointment Date Status
Ranjit Singh Country flag representing In Director 14-Feb-2003 Current
Ravinder Singh Country flag representing In Director 14-Feb-2003 Current

Financial Performance of Karan Automotives.

Karan Automotives Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.48% increase. The company also saw a substantial fall in profitability, with a 86.95% decrease in profit. The company's net worth Soared by an impressive increase of 14.48%.

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
6.48%
Revenue from Operations
6.50%
Total Assets
-10.27%
Profit or Loss
-86.95%
Net Worth
14.48%
EBITDA
2.40%

What is the Ownership and Shareholding Structure of Karan Automotives?

In 2023, Karan Automotives 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

₹243.40 M

Satisfied Charges

₹295.56 M

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 18.10 Cr
  • Others : 3.21 Cr
  • Small Industries Development Bank Of India : 1.90 Cr
  • Mahindra And Mahindra Financial Services Limited : 0.58 Cr
  • Axis Bank Limited : 0.28 Cr
  • Others : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2024 Others ₹7.50 M Open
21 Jan 2022 Others ₹1.24 Cr Open
17 Sep 2020 Tata Capital Financial Services Limited ₹2.80 Cr Open
17 Jun 2019 Others ₹2.14 M Open
18 May 2019 Axis Bank Limited ₹2.82 M Open

How Many Employees Work at Karan Automotives?

Karan Automotives has a workforce of 43 employees as of Apr 07, 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 Karan Automotives, 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 Karan Automotives'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 Karan Automotives

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100876514 was registered on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge registered on 08 Nov 2013 via Charge ID 10458935 with Axis Bank Limited was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Annual General Meeting

    Karan Automotives Private Limited last Annual general meeting of members was held on 20 Dec 2023 as per latest MCA records.

    20 Dec 2023

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 153.00 M registered on 29 Aug 2018 with Charge ID 100208967 was modified on 22 Jul 2023.

    22 Jul 2023

  • Balance Sheet

    Karan Automotives Private Limited 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. 12.38 M with Charge ID 100538177 was registered on 21 Jan 2022.

    21 Jan 2022

Frequently asked questions

  • Karan Automotives Private Limited was incorporated on 14 Feb 2003.

  • The authorized share capital of Karan Automotives Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.48 M.

  • Currently 2 directors are associated with Karan Automotives Private Limited.

    • Ranjit Singh
    • Ravinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karan Automotives Private Limited is H.No.7 Ground Floor Vill.Tekhand Mavi Mohalla 1E Campa Cola Factory, New Delhi, India, 110020.

  • The corporate identification number (CIN) of Karan Automotives Private Limited is U34300DL2003PTC118971 and the company number is 118971 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karan Automotives Private Limited is https://www.karanautomotives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karan Automotives Private Limited has risen by 6.48%.

  • As Per 2023 financial reports, 43 employees are currently employed by Karan Automotives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karan Automotives Private Limited has experienced an upsurge of 14.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karan Automotives Private Limited amount to ₹ 24.34 Cr.

  • The most recent Balance Sheet for Karan Automotives Private Limited was filed with the ROC on 31 Mar 2023.

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