Karmet Engineering Private Limited.

Manufactures sheet metal pressed components for automotive and automobile electrical and electronic parts.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Karmet Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.24 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Satisfied Charges ₹ 3.18 M
  • Revenue Growth 25.58%
  • Profit Growth -83.42%
  • Ebitda 12.38%
  • Net Worth 0.73%
  • Total Assets 5.13%

About Karmet Engineering

Karmet Engineering Private Limited. (KEPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 1995 and has a history of 29 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 5.00 M and a paid-up capital of Rs 3.24 M.

The company currently has active open charges totaling ₹4.00 M. The company has closed loans amounting to ₹3.18 M, as per Ministry of Corporate Affairs (MCA) records.

Shamanna Ramesh and Arun Dasharath serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29199KA1995PTC017566

  • Company No.

    017566

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Karmet Engineering?

Board Members (2)

Name Designation Appointment Date Status
Shamanna Ramesh Country flag representing In Director 23-Oct-2013 Current
Arun Dasharath Country flag representing In Director 23-Oct-2013 Current

Financial Performance of Karmet Engineering.

Karmet Engineering Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 25.58% increase. The company also saw a substantial fall in profitability, with a 83.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.73%.

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
25.58%
Revenue from Operations
26.14%
Total Assets
5.13%
Profit or Loss
-83.42%
Net Worth
0.73%
EBITDA
12.38%

What is the Ownership and Shareholding Structure of Karmet Engineering?

In 2023, Karmet Engineering 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

₹4.00 M

Satisfied Charges

₹3.18 M

Charges Breakdown by Lending Institutions

  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2017 Others ₹4.00 M Open
07 Nov 2014 The Karur Vysya Bank Ltd ₹0.68 M Satisfied
11 Jan 2014 The Karuar Vysya Bank Ltd ₹2.50 M Satisfied

How Many Employees Work at Karmet Engineering?

Karmet Engineering has a workforce of 9 employees as of Apr 09, 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 Karmet Engineering, 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 Karmet Engineering'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 Karmet Engineering

Recent activity within the organization

  • Annual General Meeting

    Karmet Engineering Private Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Karmet Engineering Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100113318 was registered on 22 Jun 2017.

    22 Jun 2017

  • Charges

    A charge registered on 07 Nov 2014 via Charge ID 10547843 with The Karur Vysya Bank Ltd was fully satisfied on 17 Jun 2017.

    17 Jun 2017

  • Charges

    A charge registered on 11 Jan 2014 via Charge ID 10481539 with The Karuar Vysya Bank Ltd was fully satisfied on 17 Jun 2017.

    17 Jun 2017

  • Charges

    A charge with The Karuar Vysya Bank Ltd of Rs. 2.50 M registered on 11 Jan 2014 with Charge ID 10481539 was modified on 25 Nov 2014.

    25 Nov 2014

Frequently asked questions

  • Karmet Engineering Private Limited. was incorporated on 06 Apr 1995.

  • The authorized share capital of Karmet Engineering Private Limited. is ₹ 5.00 M and paid-up capital is ₹ 3.24 M.

  • Currently 2 directors are associated with Karmet Engineering Private Limited..

    • Shamanna Ramesh
    • Arun Dasharath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karmet Engineering Private Limited. is Shed No.6 Sy. No.17/3A C K Palya Road, Basavanpura India, Bangalore, Karnataka, 560083.

  • The corporate identification number (CIN) of Karmet Engineering Private Limited. is U29199KA1995PTC017566 and the company number is 017566 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karmet Engineering Private Limited. has risen by 25.58%.

  • As Per 2023 financial reports, 9 employees are currently employed by Karmet Engineering Private Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karmet Engineering Private Limited. has experienced an upsurge of 0.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karmet Engineering Private Limited. amount to ₹ 4.00 M.

  • The most recent Balance Sheet for Karmet Engineering Private Limited. was filed with the ROC on 31 Mar 2024.

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