Karma Music Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.55 M
- Revenue Growth -84.66%
- Profit Growth -714.33%
- Ebitda -140.47%
- Net Worth -169.19%
- Total Assets -43.42%
About Karma Music
Karma Music Limited (KML) is a Public Limited Indian Non-Government Company incorporated in India on 28 April 1999 and has a history of 25 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Vale Entertainment Limited. The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹9.55 M.
Usha Jogani, Ramesh Bafna, and Rahil Jogani 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
U51395MH1999PLC119630
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Company No.
119630
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
28 Apr 1999
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Karma Music?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Usha Jogani
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Director | 07-Sep-2015 | Current |
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Ramesh Bafna
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Director | 07-Sep-2015 | Current |
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Rahil Jogani
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Director | 23-Apr-2018 | Current |
Financial Performance of Karma Music.
Karma Music Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 84.66% decrease. The company also saw a substantial fall in profitability, with a 714.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 169.19%.
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What is the Ownership and Shareholding Structure of Karma Music?
In 2020, Karma Music had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹9.55 M
₹0
Charges Breakdown by Lending Institutions
- Union Bank Of India : 0.90 Cr
- Canara Bank : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2002 | Union Bank Of India | ₹0.50 M | Open |
| 24 Jul 2000 | Union Bank Of India | ₹8.50 M | Open |
| 30 May 2000 | Canara Bank | ₹0.55 M | Open |
How Many Employees Work at Karma Music?
Unlock and access historical data on people associated with Karma Music, 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 Music, 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 Music's trajectory.
Rating
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
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.
