Karan-City Automobiles Private Limited

Auto trading company established in 2004, based in Chattisgarh.

2004 | Raipur, Chattisgarh (India) | Active
Last Updated: December 12, 2024

Karan-City Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.63 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.68 Cr
  • Satisfied Charges ₹ 1.52 Cr
  • Revenue Growth 17.58%
  • Profit Growth 65.85%
  • Ebitda 241.98%
  • Net Worth 9.83%
  • Total Assets 6.66%

About Karan-City Automobiles

Karan-City Automobiles Private Limited (KAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 May 2004 and has a history of 20 years and eight months. Its registered office is in Raipur, Chattisgarh, 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 6.00 M and a paid-up capital of Rs 5.63 M.

The company currently has active open charges totaling ₹79.68 Cr. The company has closed loans amounting to ₹1.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarachand Mandhan and Prashant Mandhan serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101CT2004PTC016636

  • Company No.

    016636

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

Who are the key members and board of directors at Karan-City Automobiles?

Board Members (2)

Name Designation Appointment Date Status
Tarachand Mandhan Country flag representing In Director 24-May-2004 Current
Prashant Mandhan Country flag representing In Director 24-May-2004 Current

Financial Performance of Karan-City Automobiles.

Karan-City Automobiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.58% increase. The company also saw a substantial improvement in profitability, with a 65.85% increase in profit. The company's net worth moved up by a moderate rise of 9.83%.

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
17.58%
Revenue from Operations
18.41%
Total Assets
6.66%
Profit or Loss
65.85%
Net Worth
9.83%
EBITDA
241.98%

What is the Ownership and Shareholding Structure of Karan-City Automobiles?

In 2022, Karan-City Automobiles had a promoter holding of 33.17% and a public holding of 66.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹796.85 M

Satisfied Charges

₹15.21 M

Charges Breakdown by Lending Institutions

  • Others : 63.39 Cr
  • Kotak Mahindra Prime Limited : 8.75 Cr
  • Bank Of India : 4.40 Cr
  • Icici Bank Limited : 2.50 Cr
  • Tata Capital Financial Services Limited : 0.64 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2023 Others ₹1.65 M Open
31 Jul 2023 Others ₹3.42 M Open
11 Mar 2023 Others ₹5.50 Cr Open
16 Oct 2022 Others ₹1.20 Cr Open
08 Sep 2022 Others ₹6.00 Cr Open

How Many Employees Work at Karan-City Automobiles?

Unlock and access historical data on people associated with Karan-City Automobiles, 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-City Automobiles, 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-City Automobiles'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-City Automobiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 100.00 M registered on 10 Aug 2021 with Charge ID 100477869 was modified on 04 Jan 2024.

    04 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.65 M with Charge ID 100762458 was registered on 31 Jul 2023.

    31 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 3.42 M with Charge ID 100762459 was registered on 31 Jul 2023.

    31 Jul 2023

  • Balance Sheet

    Karan-City Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 55.00 M with Charge ID 100701663 was registered on 11 Mar 2023.

    11 Mar 2023

Frequently asked questions

  • Karan-City Automobiles Private Limited was incorporated on 24 May 2004.

  • The authorized share capital of Karan-City Automobiles Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.63 M.

  • Currently 2 directors are associated with Karan-City Automobiles Private Limited.

    • Tarachand Mandhan
    • Prashant Mandhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karan-City Automobiles Private Limited is Sharda Chowk India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Karan-City Automobiles Private Limited is U50101CT2004PTC016636 and the company number is 016636 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Karan-City Automobiles Private Limited has risen by 17.58%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Karan-City Automobiles Private Limited has experienced an upsurge of 9.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Karan-City Automobiles Private Limited amount to ₹ 79.68 Cr.

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