Karma Industries Limited

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

1977 | Mumbai, Maharashtra (India) | Active
Last Updated:

Karma Industries Profile

Key Indicators

  • Authorised Capital ₹ 33.25 Cr
  • Paid Up Capital ₹ 33.00 Cr
  • Company Age 47 Year, 7 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 seven 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1977PLC019837

  • Company No.

    019837

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 1977

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Company report

Karma Industries Limited

Explore comprehensive data for Karma Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karma Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Mehta Country flag representing In Managing Director13-Sep-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Shridhar Jadhav Country flag representing In Director 05-Feb-2013Current
Chandrakant Chitalia Country flag representing In Additional Director 15-Apr-2020Current

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%.

Karma Industries revenue growth over time
Karma Industries 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
Revenue from Operations
Total Assets
1.34%
Profit or Loss
1210.68%
Net Worth
9.04%
EBITDA
86.92%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.50 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
02 Jan 2012Others₹20.00 CrOpen
26 Sep 2011State Bank Of India₹35.00 CrOpen
03 May 2010Union Bank Of India₹15.50 CrOpen
08 Apr 2011Union Bank Of India₹5.00 CrSatisfied
13 Jun 2009Union Bank Of India₹18.00 CrSatisfied

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.

Employee growth trends for Karma Industries Limited

Deals i

Graph showing company valuation over time

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

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 Karma Industries

Recent activity within the organization

  • 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.

  • 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 11 months .

  • Annual General Meeting

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

  • Balance Sheet

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

  • 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 12 years 2 months .

  • Charges

    A charge registered on 08 Apr 2011 via Charge ID 10279821 with Union Bank Of India was fully satisfied on 21 Mar 2012.

Frequently asked questions

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

    Karma Industries Limited was incorporated on 30 Aug 1977.

  • What is authorized share capital and paid-up capital of Karma Industries Limited?

    The authorized share capital of Karma Industries Limited is ₹ 33.25 Cr and paid-up capital is ₹ 33.00 Cr.

  • Who are the current board members & directors of Karma Industries Limited?

    Currently 3 directors are associated with Karma Industries Limited.

    • Rajesh Gunvatrai Mehta
    • Shridhar Baliram Jadhav
    • Chandrakant Bhailal Chitalia

  • What is the registered address of Karma Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karma Industries Limited is Raj Arcade H Wing 1St Floor Off. No.131 Mahavir Nagar Opp. Kamla Vihar Sports Club, Kan Divali (W) India, Mumbai, Maharashtra, 400067.

  • What is the corporate identification number (CIN) and company number of Karma Industries Limited?

    The corporate identification number (CIN) of Karma Industries Limited is L51900MH1977PLC019837 and the company number is 019837 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karma Industries Limited?

    The Official website of Karma Industries Limited is https://www.karmaindustriesltd.com

  • What change has been observed in the net worth of Karma Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Karma Industries Limited has experienced an upsurge of 9.04%.

  • What are the total open charges for Karma Industries Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Karma Industries Limited amount to ₹ 70.50 Cr.

  • When was the last Balance Sheet of Karma Industries Limited filed with the ROC?

    The most recent Balance Sheet for Karma Industries Limited was filed with the ROC on 31 Mar 2019.

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