Karavali Ocean Products Private Limited

Processes and exports frozen seafood to various countries with a large freezer capacity.

2011 | Udupi Taluk, Karnataka (India) | Active
Last Updated: June 29, 2024

Karavali Ocean Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.12 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 74.78%
  • Profit Growth 227.24%
  • Ebitda -59.09%
  • Net Worth 9.58%
  • Total Assets -14.15%

About Karavali Ocean Products

Karavali Ocean Products Private Limited (KOPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 October 2011 and has a history of 13 years and three months. Its registered office is in Udupi Taluk, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹54.12 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Udaya Shetty, Lohith Kumar, and Namitha Shetty serve as directors at the Company.

Company Details

  • Location

    Udupi Taluk, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U05004KA2011PTC060940

  • Company No.

    060940

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

Who are the key members and board of directors at Karavali Ocean Products?

Board Members (3)

Name Designation Appointment Date Status
Udaya Shetty Country flag representing In Director 28-Oct-2011 Current
Lohith Kumar Country flag representing In Director 28-Oct-2011 Current
Namitha Shetty Country flag representing In Director 28-Oct-2011 Current

Financial Performance of Karavali Ocean Products.

Karavali Ocean Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.78% increase. The company also saw a substantial improvement in profitability, with a 227.24% increase in profit. The company's net worth moved up by a moderate rise of 9.58%.

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
74.78%
Revenue from Operations
75.22%
Total Assets
-14.15%
Profit or Loss
227.24%
Net Worth
9.58%
EBITDA
-59.09%

What is the Ownership and Shareholding Structure of Karavali Ocean Products?

In 2023, Karavali Ocean Products had a promoter holding of 55.13% and a public holding of 44.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.12 Cr

Satisfied Charges

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 52.72 Cr
  • Others : 1.40 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2024 Canara Bank ₹3.09 M Open
11 Aug 2016 Others ₹1.40 Cr Open
05 Aug 2013 Canara Bank ₹52.42 Cr Open
28 Dec 2012 The South Canara District Central Co-Operative Bank Limited ₹2.50 Cr Satisfied

How Many Employees Work at Karavali Ocean Products?

Karavali Ocean Products has a workforce of 28 employees as of Apr 06, 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 Karavali Ocean Products, 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 Karavali Ocean Products'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 Karavali Ocean Products

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 0.31 Cr with Charge ID 100893212 was registered on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Karavali Ocean Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 52.42 Cr registered on 05 Aug 2013 with Charge ID 10447125 was modified on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge registered on 28 Dec 2012 via Charge ID 10403347 with The South Canara District Central Co-Operative Bank Limited was fully satisfied on 01 Jul 2017.

    01 Jul 2017

  • Charges

    A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100056608 was registered on 11 Aug 2016.

    11 Aug 2016

Frequently asked questions

  • Karavali Ocean Products Private Limited was incorporated on 28 Oct 2011.

  • The authorized share capital of Karavali Ocean Products Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.90 Cr.

  • Currently 3 directors are associated with Karavali Ocean Products Private Limited.

    • Udaya Shetty
    • Lohith Kumar
    • Namitha Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karavali Ocean Products Private Limited is D.No. 1-255 Manur Village Kota Village Panchayath, Udupi Taluk, Karnataka, India, 576221.

  • The corporate identification number (CIN) of Karavali Ocean Products Private Limited is U05004KA2011PTC060940 and the company number is 060940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karavali Ocean Products Private Limited is https://www.karavaligroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karavali Ocean Products Private Limited has risen by 74.78%.

  • As Per 2023 financial reports, 28 employees are currently employed by Karavali Ocean Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karavali Ocean Products Private Limited has experienced an upsurge of 9.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karavali Ocean Products Private Limited amount to ₹ 54.12 Cr.

  • The most recent Balance Sheet for Karavali Ocean Products Private Limited was filed with the ROC on 31 Mar 2023.