Karnani Properties Ltd

Manages rental properties in the real estate industry.

1950 | Kolkata, West Bengal (India) | Active
Last Updated:

Karnani Properties Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 75 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.25 Cr
  • Satisfied Charges ₹ 7.06 Cr
  • Revenue Growth 27.86%
  • Profit Growth 9.18%
  • Ebitda 2.98%
  • Net Worth 50.84%
  • Total Assets -1.63%

About Karnani Properties

Karnani Properties Ltd (KPL) was founded in India on 16 February 1950 and has a glorious history of 75 years and two months.Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹6.25 Cr. The company has closed loans amounting to ₹7.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rishi Karnani, Aditya Karnani, Sudarshan Karnani, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70200WB1950PLC018625

  • Company No.

    018625

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1950

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Karnani Properties Ltd

Explore comprehensive data for Karnani Properties Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karnani Properties?

Board Members (4)

NameDesignationAppointment DateStatus
Akshay Karnani Country flag representing In Director 10-May-2019Current
Rishi Karnani Country flag representing In Director 22-Jan-2002Current
Aditya Karnani Country flag representing In Director 13-Jun-1995Current
Sudarshan Karnani Country flag representing In Director 28-Sep-2004Current

Financial Performance of Karnani Properties.

Karnani Properties Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 27.86% increase. The company also saw a slight improvement in profitability, with a 9.18% increase in profit. The company's net worth Soared by an impressive increase of 50.84%.

Karnani Properties revenue growth over time
Karnani Properties 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
27.86%
Revenue from Operations
27.88%
Total Assets
-1.63%
Profit or Loss
9.18%
Net Worth
50.84%
EBITDA
2.98%

What is the Ownership and Shareholding Structure of Karnani Properties?

In 2023, Karnani Properties had a promoter holding of 94.06% and a public holding of 5.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.25 Cr

Satisfied Charges

₹7.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.00 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2024Others₹6.00 CrOpen
18 Mar 2024Hdfc Bank Limited₹1.00 MOpen
15 Jul 2023Hdfc Bank Limited₹0.45 MOpen
16 Mar 2022Hdfc Bank Limited₹1.00 MOpen
14 Sep 2016Others₹1.00 CrSatisfied

How Many Employees Work at Karnani Properties?

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

Employee growth trends for Karnani Properties Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnani Properties, 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 Karnani Properties'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 Karnani Properties

Recent activity within the organization

  • Annual General Meeting

    Karnani Properties Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100962952 was registered on 22 Aug 2024.

  • Balance Sheet

    Karnani Properties Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100936844 was registered on 18 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100793158 was registered on 15 Jul 2023.

  • Charges

    A charge registered on 14 Sep 2016 via Charge ID 100076547 with Others was fully satisfied on 19 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Karnani Properties Ltd?

    Karnani Properties Ltd was incorporated on 16 Feb 1950.

  • What is authorized share capital and paid-up capital of Karnani Properties Ltd?

    The authorized share capital of Karnani Properties Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Karnani Properties Ltd?

    Currently 4 directors are associated with Karnani Properties Ltd.

    • Rishi Karnani
    • Aditya Karnani
    • Sudarshan Karnani
    • Akshay Karnani

  • What is the registered address of Karnani Properties Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnani Properties Ltd is 23/21 Gariahat Road India, Kolkata, West Bengal, 700029.

  • What is the corporate identification number (CIN) and company number of Karnani Properties Ltd?

    The corporate identification number (CIN) of Karnani Properties Ltd is U70200WB1950PLC018625 and the company number is 018625 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Karnani Properties Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnani Properties Ltd has risen by 27.86%.

  • What change has been observed in the net worth of Karnani Properties Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnani Properties Ltd has experienced an upsurge of 50.84%.

  • What are the total open charges for Karnani Properties Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Karnani Properties Ltd amount to ₹ 6.25 Cr.

  • When was the last Balance Sheet of Karnani Properties Ltd filed with the ROC?

    The most recent Balance Sheet for Karnani Properties Ltd was filed with the ROC on 31 Mar 2024.

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