Karmic Overseas Limited

Wholesale trading of grains, oilseeds, fruits, seeds, and animal feeds since 2007.

2007 | Delhi (India) | Active
Last Updated: November 17, 2024

Karmic Overseas Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.58 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.56 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -55.11%
  • Profit Growth -74.68%
  • Ebitda -62.89%
  • Net Worth 15.38%
  • Total Assets -29.11%

About Karmic Overseas

Karmic Overseas Limited (KOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 November 2007 and has a history of 17 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Karmic Overseas Private Limited. The Company is engaged in the Agriculture 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 6.00 M and a paid-up capital of Rs 4.58 M.

The company currently has active open charges totaling ₹1.56 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Surinder Kumar, Kiran Sood, and Siddharth Mayar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63090DL2007PLC170795

  • Company No.

    170795

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Agriculture
Transport and Logistics

Who are the key members and board of directors at Karmic Overseas?

Executive Team (1)

NameDesignationAppointment DateStatus
Siddharth Mayar Country flag representing In Managing Director27-Nov-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Surinder Kumar Country flag representing In Director 18-Jan-2021Current
Kiran Sood Country flag representing In Director 26-May-2020Current

Financial Performance of Karmic Overseas.

Karmic Overseas Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.11% decrease. The company also saw a substantial fall in profitability, with a 74.68% decrease in profit. The company's net worth Soared by an impressive increase of 15.38%.

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
-55.11%
Revenue from Operations
-55.11%
Total Assets
-29.11%
Profit or Loss
-74.68%
Net Worth
15.38%
EBITDA
-62.89%

What is the Ownership and Shareholding Structure of Karmic Overseas?

In 2023, Karmic Overseas had a promoter holding of 99.72% and a public holding of 0.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.63 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.56 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2023Others₹0.63 MOpen
07 Jan 2010Others₹1.50 CrOpen
08 Oct 2008Others₹2.50 MSatisfied
08 Oct 2008Vijaya Bank₹2.50 MSatisfied

How Many Employees Work at Karmic Overseas?

Unlock and access historical data on people associated with Karmic Overseas, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karmic Overseas, 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 Overseas'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 Karmic Overseas

Recent activity within the organization

  • Annual General Meeting

    Karmic Overseas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Karmic Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 15.00 M registered on 07 Jan 2010 with Charge ID 10204826 was modified on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.63 M with Charge ID 100668596 was registered on 06 Jan 2023.

    06 Jan 2023

  • Charges

    A charge registered on 08 Oct 2008 via Charge ID 10130954 with Vijaya Bank was fully satisfied on 07 Jul 2021.

    07 Jul 2021

  • Charges

    A charge registered on 08 Oct 2008 via Charge ID 10130861 with Others was fully satisfied on 07 Jul 2021.

    07 Jul 2021

Frequently asked questions

  • Karmic Overseas Limited was incorporated on 27 Nov 2007.

  • The authorized share capital of Karmic Overseas Limited is ₹ 6.00 M and paid-up capital is ₹ 4.58 M.

  • Currently 3 directors are associated with Karmic Overseas Limited.

    • Surinder Sood Kumar
    • Kiran Sood
    • Siddharth Kumar Mayar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karmic Overseas Limited is 304 South House 12 Zamrudpur Community Centre, Kailas H Colony New India, New Delhi, 110048.

  • The corporate identification number (CIN) of Karmic Overseas Limited is U63090DL2007PLC170795 and the company number is 170795 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karmic Overseas Limited is https://www.karmicoverseas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karmic Overseas Limited has fallen by -55.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karmic Overseas Limited has experienced an upsurge of 15.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karmic Overseas Limited amount to ₹ 1.56 Cr.

  • The most recent Balance Sheet for Karmic Overseas Limited was filed with the ROC on 31 Mar 2024.

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