Karma Steels Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 37 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.70 M
- Revenue Growth 11.01%
- Profit Growth 105.59%
- Ebitda 528.96%
- Net Worth 3.96%
- Total Assets -0.87%
About Karma Steels
Karma Steels Private Limited (KSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 1988 and has a history of 37 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.70 M.
Kirtikumar Kamdar and Meena Kamdar 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
U27108MH1988PTC045814
- Company No.
045814
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Karma Steels Private Limited offer?
Karma Steels Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Industrial & Engineering Goods, Couplings, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gears, Machines & Equipments, Assembly Equipment, Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables.
Karma Steels Private Limited
Explore comprehensive data for Karma Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karma Steels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meena Kamdar  | Director | 08-Jan-1988 | Current |
| Kirtikumar Kamdar | Director | 08-Jan-1988 | Current |
Financial Performance of Karma Steels.
Karma Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.01% increase. The company also saw a substantial improvement in profitability, with a 105.59% increase in profit. The company's net worth moved up by a moderate rise of 3.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karma Steels?
In 2023, Karma Steels had a promoter holding of 68.00% and a public holding of 32.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
1 Martian Way Industries Private LimitedMeena Kamdar is a mutual person
Charges (Loans)
Open Charges
₹3.70 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 0.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2020 | Bank Of India | ₹0.70 M | Open |
| 08 Nov 2004 | Bank Of India | ₹3.00 M | Open |
How Many Employees Work at Karma Steels?
Unlock and access historical data on people associated with Karma Steels, 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 Steels, 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 Steels'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.
Latest Updates, News, and FAQs on Karma Steels
Recent activity within the organization
- Annual General Meeting
Karma Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Karma Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Bank Of India amounted to Rs. 0.70 M with Charge ID 100394224 was registered on 30 May 2020.
- Charges
A charge with Bank Of India of Rs. 3.00 M registered on 08 Nov 2004 with Charge ID 80033595 was modified on 30 May 2017.
- Charges
A charge with Bank Of India amounted to Rs. 3.00 M with Charge ID 80033595 was registered on 08 Nov 2004.
- Director Appointment
Kirtikumar Satyavrat Kamdar was appointed as a Director was appointed as a Director on 08 Jan 1988 & has been associated with this company since 37 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Karma Steels Private Limited?
Karma Steels Private Limited was incorporated on 08 Jan 1988.
What is authorized share capital and paid-up capital of Karma Steels Private Limited?
The authorized share capital of Karma Steels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Karma Steels Private Limited?
Currently 2 directors are associated with Karma Steels Private Limited.
- Kirtikumar Satyavrat Kamdar
- Meena Kirtikumar Kamdar
What is the registered address of Karma Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karma Steels Private Limited is 502 Satya Sadan Bhimani Street Matunga (E), India, Mumbai, Maharashtra, 400019.
What is the corporate identification number (CIN) and company number of Karma Steels Private Limited?
The corporate identification number (CIN) of Karma Steels Private Limited is U27108MH1988PTC045814 and the company number is 045814 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karma Steels Private Limited?
The Official website of Karma Steels Private Limited is https://www.karmasteels.com
What has been the recent revenue trend for Karma Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karma Steels Private Limited has risen by 11.01%.
What change has been observed in the net worth of Karma Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karma Steels Private Limited has experienced an upsurge of 3.96%.
What are the total open charges for Karma Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karma Steels Private Limited amount to ₹ 3.70 M.
When was the last Balance Sheet of Karma Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Karma Steels Private Limited was filed with the ROC on 31 Mar 2024.
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