Karma Innovations And Solutions Private Limited

Provides digital X-ray inspection and sorting systems for various industries.

2012 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Karma Innovations And Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.30 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth -53.85%
  • Profit Growth -87.39%
  • Ebitda 9.79%
  • Net Worth -34.70%
  • Total Assets 68.22%

About Karma Innovations And Solutions

Karma Innovations And Solutions Private Limited (KIASPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 May 2012 and has a history of 12 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.30 M.

The company has closed loans amounting to ₹6.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jawahar Karthikeyan, Sambasivam Sachithanandam, and Palanisamy Malaravan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    karmainnovations.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29214TZ2012PTC018288

  • Company No.

    018288

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2012

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Healthcare

What products or services does Karma Innovations And Solutions Private Limited offer?

Karma Innovations And Solutions Private Limited offers a wide range of products and services, including Diagnostic Medical Imaging Equipment, X Ray Machine, Metal, Security & Safety Detectors, Security Metal Baggage & Vehicle Scanner.

Who are the key members and board of directors at Karma Innovations And Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Jawahar Karthikeyan Country flag representing In Director 22-May-2012Current
Sambasivam Sachithanandam Country flag representing In Director 22-May-2012Current
Palanisamy Malaravan Country flag representing In Director 22-May-2012Current

Financial Performance of Karma Innovations And Solutions.

Karma Innovations And Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.85% decrease. The company also saw a substantial fall in profitability, with a 87.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.7%.

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
-53.85%
Revenue from Operations
-53.72%
Total Assets
68.22%
Profit or Loss
-87.39%
Net Worth
-34.70%
EBITDA
9.79%

What is the Ownership and Shareholding Structure of Karma Innovations And Solutions?

In 2023, Karma Innovations And Solutions had a promoter 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

₹0

Satisfied Charges

₹6.00 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2013Indian Bank₹6.00 MSatisfied

How Many Employees Work at Karma Innovations And Solutions?

Unlock and access historical data on people associated with Karma Innovations And Solutions, 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 Karma Innovations And Solutions, 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 Innovations And Solutions'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 Innovations And Solutions

Recent activity within the organization

  • Annual General Meeting

    Karma Innovations And Solutions Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Balance Sheet

    Karma Innovations And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 17 Jun 2013 via Charge ID 10440025 with Indian Bank was fully satisfied on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge with Indian Bank amounted to Rs. 6.00 M with Charge ID 10440025 was registered on 17 Jun 2013.

    17 Jun 2013

  • Director Appointment

    Jawahar Karthikeyan was appointed as a Director was appointed as a Director on 22 May 2012 & has been associated with this company since 12 years 9 months .

    22 May 2012

  • Director Appointment

    Sambasivam Sachithanandam was appointed as a Director was appointed as a Director on 22 May 2012 & has been associated with this company since 12 years 9 months .

    22 May 2012

Frequently asked questions

  • Karma Innovations And Solutions Private Limited was incorporated on 22 May 2012.

  • The authorized share capital of Karma Innovations And Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.30 M.

  • Currently 3 directors are associated with Karma Innovations And Solutions Private Limited.

    • Jawahar Karthikeyan
    • Sambasivam Sachithanandam
    • Palanisamy Malaravan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karma Innovations And Solutions Private Limited is 46, Arasamara Street Avarampalayam India, Coimbatore, Tamil Nadu, 641006.

  • The corporate identification number (CIN) of Karma Innovations And Solutions Private Limited is U29214TZ2012PTC018288 and the company number is 018288 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karma Innovations And Solutions Private Limited is https://www.karmainnovations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karma Innovations And Solutions Private Limited has fallen by -53.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karma Innovations And Solutions Private Limited has experienced an downturn of -34.70%.

  • The most recent Balance Sheet for Karma Innovations And Solutions Private Limited was filed with the ROC on 31 Mar 2024.