Karmic Design Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.99 M
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 17.00 Cr
- Revenue Growth 39.48%
- Profit Growth 69.73%
- Ebitda 23.15%
- Net Worth 26.88%
- Total Assets 28.62%
About Karmic Design
Karmic Design Private Limited (KDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 1999 and has a history of 26 years and one month. Its registered office is in Udupi, Karnataka, India.
The Corporate was formerly known as Karnataka Microelectronic Design Centre Private Limited. The Company is engaged in the Engineering 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 1.50 M and a paid-up capital of Rs 0.99 M.
The company has closed loans amounting to ₹17.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rathnakar Bhat, Bankapur Gururaj, Gajanan Shanbhag, and One other member serve as directors at the Company.
Company Details
- Location
Udupi, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200KA1999PTC024802
- Company No.
024802
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Feb 1999
- Date of AGM
10 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Who are the key members and board of directors at Karmic Design?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rathnakar Bhat  | Director | 12-Nov-2022 | Current |
| Bankapur Gururaj | Director | 12-Nov-2022 | Current |
| Gajanan Shanbhag | Director | 12-Nov-2022 | Current |
| Dilipa Mogaveera | Director | 12-Nov-2022 | Current |
Financial Performance of Karmic Design.
Karmic Design Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.48% increase. The company also saw a substantial improvement in profitability, with a 69.73% increase in profit. The company's net worth Soared by an impressive increase of 26.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karmic Design?
In 2023, Karmic Design had a promoter holding of 3.21% and a public holding of 96.79%. The company had 2 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Karmic Consultants Private Limited
Rathnakar Bhat, Bankapur Gururaj and 2 more are mutual person
Joivivre Microelectronic Private LimitedRathnakar Bhat, Bankapur Gururaj and 2 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹170.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 15.00 Cr
- Syndicate Bank : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2019 | Syndicate Bank | ₹2.00 Cr | Satisfied |
| 22 Nov 2019 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
| 05 May 2017 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Karmic Design?
Karmic Design has a workforce of 162 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karmic Design, 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 Karmic Design'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 Karmic Design
Recent activity within the organization
- Annual General Meeting
Karmic Design Private Limited last Annual general meeting of members was held on 10 Aug 2024 as per latest MCA records.
- Balance Sheet
Karmic Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Rathnakar Subramanya Bhat was appointed as a Director was appointed as a Director on 12 Nov 2022 & has been associated with this company since 2 years 4 months .
- Director Appointment
Bankapur Lokanath Gururaj was appointed as a Director was appointed as a Director on 12 Nov 2022 & has been associated with this company since 2 years 4 months .
- Director Appointment
Gajanan Shanbhag was appointed as a Director was appointed as a Director on 12 Nov 2022 & has been associated with this company since 2 years 4 months .
- Director Appointment
Dilipa Mogaveera was appointed as a Director was appointed as a Director on 12 Nov 2022 & has been associated with this company since 2 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Karmic Design Private Limited?
Karmic Design Private Limited was incorporated on 22 Feb 1999.
What is authorized share capital and paid-up capital of Karmic Design Private Limited?
The authorized share capital of Karmic Design Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.99 M.
Who are the current board members & directors of Karmic Design Private Limited?
Currently 4 directors are associated with Karmic Design Private Limited.
- Rathnakar Subramanya Bhat
- Bankapur Lokanath Gururaj
- Gajanan Shanbhag
- Dilipa Mogaveera
What is the registered address of Karmic Design Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karmic Design Private Limited is 4/505(C C1) 80 Badagabettu Rajeev Nagar, Alevoor Road India, Manipal, Karnataka, 576104.
What is the corporate identification number (CIN) and company number of Karmic Design Private Limited?
The corporate identification number (CIN) of Karmic Design Private Limited is U31200KA1999PTC024802 and the company number is 024802 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karmic Design Private Limited?
The Official website of Karmic Design Private Limited is https://www.karmic.co.in
What has been the recent revenue trend for Karmic Design Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karmic Design Private Limited has risen by 39.48%.
How many employees does Karmic Design Private Limited currently have?
As Per 2023 financial reports, 162 employees are currently employed by Karmic Design Private Limited.
What change has been observed in the net worth of Karmic Design Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karmic Design Private Limited has experienced an upsurge of 26.88%.
When was the last Balance Sheet of Karmic Design Private Limited filed with the ROC?
The most recent Balance Sheet for Karmic Design Private Limited was filed with the ROC on 31 Mar 2024.
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