Karan Development Services Pvt Ltd

Specializes in civil work, including railway tracks, bridges, roads, and canal systems for government agencies.

1989 | Gwalior, Madhya Pradesh (India) | Active
Last Updated: November 17, 2024

Karan Development Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.29 Cr
  • Company Age 35 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 274.88 Cr
  • Satisfied Charges ₹ 111.43 Cr
  • Revenue Growth -36.52%
  • Profit Growth -35.83%
  • Ebitda -12.50%
  • Net Worth 10.08%
  • Total Assets 31.03%

About Karan Development Services

Karan Development Services Pvt Ltd (KDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 1989 and has a history of 35 years and eight months. Its registered office is in Gwalior, Madhya Pradesh, India.

The Company is engaged in the Infrastructure And Utilities 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 5.00 Cr and a paid-up capital of Rs 2.29 Cr.

The company currently has active open charges totaling ₹274.88 Cr. The company has closed loans amounting to ₹111.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karan Singh, Girraj Kirar, and Divyaraj Singh serve as directors at the Company.

Company Details

  • Location

    Gwalior, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203MP1989PTC005253

  • Company No.

    005253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Infrastructure and Utilities

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

Executive Team (1)

Name Designation Appointment Date Status
Divyaraj Singh Country flag representing In Managing Director 01-May-2013 Current

Board Members (2)

Name Designation Appointment Date Status
Karan Singh Country flag representing In Director 12-May-1989 Current
Girraj Kirar Country flag representing In Whole-Time Director 02-Sep-2002 Current

Financial Performance of Karan Development Services.

Karan Development Services Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.52% decrease. The company also saw a substantial fall in profitability, with a 35.83% decrease in profit. The company's net worth Soared by an impressive increase of 10.08%.

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
-36.52%
Revenue from Operations
-37.12%
Total Assets
31.03%
Profit or Loss
-35.83%
Net Worth
10.08%
EBITDA
-12.50%

What is the Ownership and Shareholding Structure of Karan Development Services?

In 2023, Karan Development Services had a promoter holding of 65.68% and a public holding of 34.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹274.88 Cr

Satisfied Charges

₹111.43 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 205.65 Cr
  • Others : 53.85 Cr
  • Axis Bank Limited : 14.54 Cr
  • Indiabulls Financial Services Limited : 0.50 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 2024 Axis Bank Limited ₹9.45 M Open
06 Mar 2024 Axis Bank Limited ₹5.66 M Open
11 Jan 2024 Axis Bank Limited ₹9.32 M Open
29 Dec 2023 Axis Bank Limited ₹8.02 M Open
19 Oct 2023 Axis Bank Limited ₹1.86 M Open

How Many Employees Work at Karan Development Services?

Unlock and access historical data on people associated with Karan Development Services, 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 Karan Development Services, 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 Development Services'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 Development Services

Recent activity within the organization

  • Annual General Meeting

    Karan Development Services Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 27 Feb 2004 via Charge ID 90209492 with Centurian Bank Ltd. was fully satisfied on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge registered on 01 Sep 2004 via Charge ID 90209667 with Icici Bank Ltd. was fully satisfied on 06 Jun 2024.

    06 Jun 2024

  • Charges

    A charge registered on 20 Sep 2004 via Charge ID 90209685 with Icici Bank Ltd. was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.94 Cr with Charge ID 100922669 was registered on 25 Apr 2024.

    25 Apr 2024

  • Balance Sheet

    Karan Development Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

Frequently asked questions

  • Karan Development Services Pvt Ltd was incorporated on 12 May 1989.

  • The authorized share capital of Karan Development Services Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 2.29 Cr.

  • Currently 3 directors are associated with Karan Development Services Pvt Ltd.

    • Karan Singh
    • Girraj Singh Kirar
    • Divyaraj Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karan Development Services Pvt Ltd is C-21, Indra Nagar Tansen Road India, Gwalior, Madhya Pradesh, 474002.

  • The corporate identification number (CIN) of Karan Development Services Pvt Ltd is U45203MP1989PTC005253 and the company number is 005253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karan Development Services Pvt Ltd is https://www.kdspl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karan Development Services Pvt Ltd has fallen by -36.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karan Development Services Pvt Ltd has experienced an upsurge of 10.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karan Development Services Pvt Ltd amount to ₹ 274.88 Cr.

  • The most recent Balance Sheet for Karan Development Services Pvt Ltd was filed with the ROC on 31 Mar 2024.

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