Karnavati Finance Profile
Key Indicators
- Authorised Capital ₹ 10.50 Cr
- Paid Up Capital ₹ 10.05 Cr
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 15.03%
- Profit Growth 85.10%
- Ebitda 146.40%
- Net Worth 4.31%
- Total Assets 89.15%
About Karnavati Finance
Karnavati Finance Limited (KFL) is a Public Limited Indian Non-Government Company incorporated in India on 05 December 1984 and has a history of 40 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538928.
The Corporate was formerly known as Karnavati Finance & Leasing Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 10.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karnavati Finance Limited India are Kush Morzaria as CFO and Akanksha Rai as Company Secretary. Raman Morzaria, Vineshkumar Makadia, Jay Morzaria, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L65910MH1984PLC034724
- Company No.
034724
- Stock Symbol
BSE : 538928
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Dec 1984
- Date of AGM
01 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Karnavati Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kush Morzaria  | CFO | 01-Mar-2018 | Current |
| Jay Morzaria | Managing Director | 15-Sep-2010 | Current |
| Akanksha Rai | Company Secretary | 05-Oct-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raman Morzaria | Whole-Time Director | 29-Sep-2001 | Current |
| Vineshkumar Makadia | Director | 16-Jan-2021 | Current |
| Parth Maniar | Director | 20-Sep-2018 | Current |
| Birmda Bilimoria | Director | 13-Aug-2018 | Current |
| Ashish Batavia | Director | 05-Jun-2023 | Current |
Financial Performance of Karnavati Finance.
Karnavati Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.03% increase. The company also saw a substantial improvement in profitability, with a 85.1% increase in profit. The company's net worth moved up by a moderate rise of 4.31%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Karnavati Finance?
In 2023, Karnavati Finance had a promoter holding of 58.64% and a public holding of 41.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Raman Morzaria and Jay Morzaria are mutual person
- Midas Impex Private Limited
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- R R Immigration Solutions Llp
Vineshkumar Makadia is a mutual person
- Tristar Landmark Private Limited
Vineshkumar Makadia is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karnavati Finance?
Unlock and access historical data on people associated with Karnavati Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karnavati Finance, 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 Karnavati Finance'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.
