Karma Industries Profile
Key Indicators
- Authorised Capital ₹ 33.25 Cr
- Paid Up Capital ₹ 33.00 Cr
- Company Age 47 Year, 5 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 70.50 Cr
- Satisfied Charges ₹ 24.79 Cr
- Revenue Growth %
- Profit Growth 1210.68%
- Ebitda 86.92%
- Net Worth 9.04%
- Total Assets 1.34%
About Karma Industries
Karma Industries Limited (KIL) is a Public Limited Indian Non-Government Company incorporated in India on 30 August 1977 and has a history of 47 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Karma Ispat Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 33.25 Cr and a paid-up capital of Rs 33.00 Cr.
The company currently has active open charges totaling ₹70.50 Cr. The company has closed loans amounting to ₹24.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Mehta, Shridhar Jadhav, and Chandrakant Chitalia serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L51900MH1977PLC019837
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Company No.
019837
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
30 Aug 1977
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Karma Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Mehta
|
Managing Director | 13-Sep-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shridhar Jadhav
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Director | 05-Feb-2013 | Current |
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Chandrakant Chitalia
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Additional Director | 15-Apr-2020 | Current |
Financial Performance of Karma Industries.
Karma Industries Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% 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%.
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What is the Ownership and Shareholding Structure of Karma Industries?
In 2019, Karma Industries had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Gagan Polycot India LimitedChandrakant Chitalia is a mutual person
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Abhi-Man Steels LimitedRajesh Mehta and Chandrakant Chitalia are mutual person
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Shivan Giri Steel Limited
Rajesh Mehta and Chandrakant Chitalia are mutual person
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Payal Steels Limited
Rajesh Mehta and Chandrakant Chitalia are mutual person
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Abhi-Man System And Software Limited
Rajesh Mehta and Chandrakant Chitalia are mutual person
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Abhi-Man Tele-Com Limited
Rajesh Mehta and Chandrakant Chitalia are mutual person
Charges (Loans)
₹70.50 Cr
₹24.79 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.00 Cr
- Others : 20.00 Cr
- Union Bank Of India : 15.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2012 | Others | ₹20.00 Cr | Open |
| 26 Sep 2011 | State Bank Of India | ₹35.00 Cr | Open |
| 03 May 2010 | Union Bank Of India | ₹15.50 Cr | Open |
| 08 Apr 2011 | Union Bank Of India | ₹5.00 Cr | Satisfied |
| 13 Jun 2009 | Union Bank Of India | ₹18.00 Cr | Satisfied |
How Many Employees Work at Karma Industries?
Unlock and access historical data on people associated with Karma Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karma Industries, 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 Karma Industries's trajectory.
Rating
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Alerts
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