Karma Industries Limited logo

Karma Industries Limited

This company trades in various steel products and is listed on the Bombay Stock Exchange.

1977 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago

Karma Industries Limited, previously known as Karma Ispat Limited, is a company that specializes in trading steel products. These products primarily include Mild Steel (MS) angles, MS channels, MS plates, and Thermo-Mechanically Treated (TMT) bars. Additionally, the company also offers a variety of other steel products such as CR coils and sheets, CTD bars, HR sheets and plates, hot rolled steel plates, ingot irons, channels, chequered plates, wires, rebars, tor steel, stainless steel, and other alloy steels. The company is currently listed on the Bombay Stock Exchange (BSE) and was first incorporated in 1977. Its registered office is located in Mumbai, Maharashtra.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL51900MH1977PLC019837
Company No.019837
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date30 Aug 1977
Date of AGM30 Sep 2019
Date of Balance Sheet31 Mar 2019
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Karma Industries Limited

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Karma Industries Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 12387712% increase. The company also saw a substantial improvement in profitability, with a 1210.68% increase in profit. The company's net worth moved up by a moderate rise of 9.04%.

Corporate Structure

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People in Karma Industries Limited

Executive Team (1)

  • RM

    Rajesh Mehta In Managing Director

    Appointment Date: 13-Sep-2007

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹70.50 cr

₹24.79 cr

LenderAmountStatus

Others

Creation Date: 02 Jan 2012
₹20.00 CrOpen

State Bank Of India

Creation Date: 26 Sep 2011
₹35.00 CrOpen

Union Bank Of India

Creation Date: 03 May 2010
₹15.50 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Others of Rs. 20.00 cr registered on 02 Jan 2012 with Charge ID 10330087 was modified on 10 Jun 2020.

    10 Jun 2020
  • Activity

    Director Appointment

    Chandrakant Bhailal Chitalia was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2020 & has been associated with this company since 4 years 1 month .

    15 Apr 2020
  • Activity

    Annual General Meeting

    Karma Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019
  • Activity

    Balance Sheet

    Karma Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019
  • Activity

    Director Appointment

    Shridhar Baliram Jadhav was appointed as a Director was appointed as a Director on 05 Feb 2013 & has been associated with this company since 11 years 3 months .

    05 Feb 2013

Frequently asked questions

What is the Incorporation or founding date of Karma Industries Limited?

Karma Industries Limited was incorporated 46 years 9 months ago on 30 Aug 1977 with Registrar of Companies Roc Mumbai.

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