Karan Letex Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.91 M
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.64 Cr
- Revenue Growth -45.32%
- Profit Growth -82.48%
- Ebitda -79.40%
- Net Worth 4.84%
- Total Assets 1.21%
About Karan Letex
Karan Letex Limited (KLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 April 1993 and has a history of 31 years and nine months. Its registered office is in Kanpur Nagar, Uttar Pradesh, India.
The Corporate was formerly known as Karan Letex Private Limited. The Company is engaged in the Fashion And Textile 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 Cr and a paid-up capital of Rs 3.91 M.
The company currently has active open charges totaling ₹27.64 Cr.
Bharat Garg, Amit Goel, Naman Garg, and One other member serve as directors at the Company.
Company Details
- Location
Kanpur Nagar, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101UP1993PLC015337
- Company No.
015337
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Apr 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Karan Letex?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Garg  | Whole-Time Director | 28-Apr-1993 | Current |
| Amit Goel | Director | 16-Sep-2020 | Current |
| Naman Garg | Additional Director | 09-Aug-2024 | Current |
| Manish Tiwari | Director | 30-Jul-2022 | Current |
Financial Performance of Karan Letex.
Karan Letex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.32% decrease. The company also saw a substantial fall in profitability, with a 82.48% decrease in profit. The company's net worth moved up by a moderate rise of 4.84%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Karan Letex?
In 2023, Karan Letex had a promoter holding of 87.36% and a public holding of 12.64%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Smarttex International Private LimitedBharat Garg and Naman Garg are mutual person
- Prakriti Corporation Private Limited
Bharat Garg is a mutual person
- Anadi Corporation Private Limited
Bharat Garg and Naman Garg are mutual person
- Bnnk Holdings Private Limited
Bharat Garg and Naman Garg are mutual person
- Karan Smartex Private Limited
Naman Garg is a mutual person
Charges (Loans)
₹27.64 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 27.44 Cr
- Others : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | Others | ₹2.00 M | Open |
| 19 Sep 2007 | State Bank Of India | ₹25.90 Cr | Open |
| 29 May 1998 | State Bank Of India | ₹7.70 M | Open |
| 29 May 1998 | State Bank Of India | ₹7.70 M | Open |
How Many Employees Work at Karan Letex?
Karan Letex has a workforce of 127 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karan Letex, 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 Letex'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.
