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Home Company Karmatex Apparels Private Limited

Karmatex Apparels Private Limited

Manufactures and exports a variety of textile garments and accessories for men, women, and children.

2007 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 18, 2025
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Karmatex Apparels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 80.00 Cr
  • Revenue Growth 32.56%
  • Profit Growth 83.32%
  • Ebitda 102.56%
  • Net Worth 27.37%
  • Total Assets 21.87%

About Karmatex Apparels

Karmatex Apparels Private Limited (KAPL) is Amalgamated company established on 13 Jun 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 7 Months with a paid up capital of 1.00 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    karmatex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH2007PTC171284

  • Company No.

    171284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Karmatex Apparels?

Board Members (3)

Name Designation Appointment Date Status
Manoj Jain Country flag representing In Director 13-Jun-2007 Current
Arti Havaldar Country flag representing In Director 13-Jun-2007 Current
Subodh Wadhwani Country flag representing In Director 01-Apr-2010 Current

Financial Performance of Karmatex Apparels.

Karmatex Apparels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.56% increase. The company also saw a substantial improvement in profitability, with a 83.32% increase in profit. The company's net worth Soared by an impressive increase of 27.37%.

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
32.56%
Revenue from Operations
33.66%
Total Assets
21.87%
Profit or Loss
83.32%
Net Worth
27.37%
EBITDA
102.56%

What is the Ownership and Shareholding Structure of Karmatex Apparels?

In 2023, Karmatex Apparels 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

₹80.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 50.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 27.50 Cr
  • Citibank N. A. : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Oct 2014 The Hongkong And Shanghai Banking Corporation Limited ₹21.50 Cr Open
01 Sep 2014 The Hongkong And Shanghai Banking Corporation Limited ₹6.00 Cr Open
22 Jan 2009 Citibank N. A. ₹2.50 Cr Open
02 Jul 2008 Citi Bank N.A. ₹50.00 Cr Open

How Many Employees Work at Karmatex Apparels?

Karmatex Apparels has a workforce of 62 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karmatex Apparels, 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 Karmatex Apparels'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 Karmatex Apparels

Recent activity within the organization

  • Annual General Meeting

    Karmatex Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 50.00 Cr registered on 02 Jul 2008 with Charge ID 10117520 was modified on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Karmatex Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.50 Cr registered on 10 Oct 2014 with Charge ID 10528685 was modified on 08 Dec 2021.

    08 Dec 2021

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 6.00 Cr registered on 01 Sep 2014 with Charge ID 10521987 was modified on 16 Jan 2019.

    16 Jan 2019

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 21.50 Cr with Charge ID 10528685 was registered on 10 Oct 2014.

    10 Oct 2014

Frequently asked questions

  • Karmatex Apparels Private Limited was incorporated on 13 Jun 2007.

  • The authorized share capital of Karmatex Apparels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Karmatex Apparels Private Limited.

    • Manoj Vipinchand Jain
    • Arti Abhay Havaldar
    • Subodh Niranjan Wadhwani

  • As per Ministry of Corporate Affairs (Mca), the registered address of Karmatex Apparels Private Limited is 901 Embassy Chamber 9Th Floor Plot No.5 3Rd Road, Khar (West) India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Karmatex Apparels Private Limited is U18101MH2007PTC171284 and the company number is 171284 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karmatex Apparels Private Limited is https://www.karmatex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karmatex Apparels Private Limited has risen by 32.56%.

  • As Per 2023 financial reports, 62 employees are currently employed by Karmatex Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karmatex Apparels Private Limited has experienced an upsurge of 27.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karmatex Apparels Private Limited amount to ₹ 80.00 Cr.

  • The most recent Balance Sheet for Karmatex Apparels Private Limited was filed with the ROC on 31 Mar 2023.

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