Karan Sugars Private Limited

Establishes a molasses-based distillery and power generation unit in Maharashtra, sourcing from local industries and farmers.

2005 | Nashik, Maharashtra (India) | Active
Last Updated: October 23, 2024

Karan Sugars Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -16.01%
  • Profit Growth -52.65%
  • Ebitda -43.73%
  • Net Worth 47.03%
  • Total Assets 5.19%

About Karan Sugars

Karan Sugars Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 2005 and has a history of 19 years and seven months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dharampal Kalani, Hiralal Kalani, and Kanyalal Kalani serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15420MH2005PTC154288

  • Company No.

    154288

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

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

Board Members (3)

NameDesignationAppointment DateStatus
Hiralal Kalani Country flag representing In Director 28-Jun-2005Current
Dharampal Kalani Country flag representing In Director 28-Jun-2005Current
Kanyalal Kalani Country flag representing In Director 28-Jun-2005Current

Financial Performance of Karan Sugars.

Karan Sugars Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.01% decrease. The company also saw a substantial fall in profitability, with a 52.65% decrease in profit. The company's net worth Soared by an impressive increase of 47.03%.

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
-16.01%
Revenue from Operations
-16.03%
Total Assets
5.19%
Profit or Loss
-52.65%
Net Worth
47.03%
EBITDA
-43.73%

What is the Ownership and Shareholding Structure of Karan Sugars?

In 2023, Karan Sugars 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

₹5.00 Cr

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2023Axis Bank Limited₹5.00 CrOpen
06 Nov 2009Saraswat Cooperative Bank Limited₹5.00 MSatisfied
13 Mar 2009The Saraswat Co-Operative Bank Ltd.₹7.50 CrSatisfied

How Many Employees Work at Karan Sugars?

Karan Sugars has a workforce of 9 employees as of Mar 28, 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 Sugars, 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 Sugars'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 Sugars

Recent activity within the organization

  • Annual General Meeting

    Karan Sugars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Karan Sugars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100702742 was registered on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge registered on 13 Mar 2009 via Charge ID 10155316 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 20 Apr 2018.

    20 Apr 2018

  • Charges

    A charge registered on 06 Nov 2009 via Charge ID 10192887 with Saraswat Cooperative Bank Limited was fully satisfied on 03 Apr 2018.

    03 Apr 2018

  • Charges

    A charge with Saraswat Cooperative Bank Limited of Rs. 0.50 Cr registered on 06 Nov 2009 with Charge ID 10192887 was modified on 26 Mar 2011.

    26 Mar 2011

Frequently asked questions

  • Karan Sugars Private Limited was incorporated on 28 Jun 2005.

  • The authorized share capital of Karan Sugars Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Karan Sugars Private Limited.

    • Dharampal Kimatram Kalani
    • Hiralal Kimatram Kalani
    • Kanyalal Kimatram Kalani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karan Sugars Private Limited is Plot No 5A Behind Hotelnataraj Pune Road India, Nashik, Maharashtra, 422101.

  • The corporate identification number (CIN) of Karan Sugars Private Limited is U15420MH2005PTC154288 and the company number is 154288 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karan Sugars Private Limited has fallen by -16.01%.

  • As Per 2023 financial reports, 9 employees are currently employed by Karan Sugars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karan Sugars Private Limited has experienced an upsurge of 47.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karan Sugars Private Limited amount to ₹ 5.00 Cr.

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

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