Karnavati Procon Limited

Undertakes civil engineering projects according to annual filings.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 10, 2025

Karnavati Procon Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.23 Cr
  • Revenue Growth -28.09%
  • Profit Growth -412.66%
  • Ebitda -1534.31%
  • Net Worth -45.28%
  • Total Assets -5.53%

About Karnavati Procon

Karnavati Procon Limited (KPL) is a Public Limited Indian Non-Government Company incorporated in India on 27 March 2010 and has a history of 14 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹4.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahendra Thummar, Gunvant Patel, Amar Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202GJ2010PLC060024

  • Company No.

    060024

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Karnavati Procon Limited offer?

Karnavati Procon Limited offers a wide range of products and services, including Plant & Equipment Erection Services, Real Estate Services, Project Management, Infrastructure Project Management Service, Industrial Fabrication, Heavy Fabrication, Civil Engineering Service, Civil Works Service.

Who are the key members and board of directors at Karnavati Procon?

Board Members (4)

NameDesignationAppointment DateStatus
Mahendra Thummar Country flag representing In Director 27-Mar-2010Current
Gunvant Patel Country flag representing In Director 27-Mar-2010Current
Amar Gandhi Country flag representing In Director 27-Mar-2010Current
Pankajkumar Patel Country flag representing In Director 27-Mar-2010Current

Financial Performance of Karnavati Procon.

Karnavati Procon Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.09% decrease. The company also saw a substantial fall in profitability, with a 412.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.28%.

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
-28.09%
Revenue from Operations
-52.63%
Total Assets
-5.53%
Profit or Loss
-412.66%
Net Worth
-45.28%
EBITDA
-1534.31%

What is the Ownership and Shareholding Structure of Karnavati Procon?

In 2020, Karnavati Procon 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

₹0

Satisfied Charges

₹42.32 M

Charges Breakdown by Lending Institutions

  • Aditya Birla Finance Limited : 3.50 Cr
  • Hdb Financial Services Limited : 0.29 Cr
  • Hdfc Bank Limited : 0.27 Cr
  • Axis Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2015Hdb Financial Services Limited₹2.92 MSatisfied
29 Mar 2013Axis Bank Limited₹1.65 MSatisfied
02 Mar 2012Aditya Birla Finance Limited₹3.50 CrSatisfied
23 Feb 2012Hdfc Bank Limited₹1.36 MSatisfied
24 Sep 2011Hdfc Bank Limited₹1.38 MSatisfied

How Many Employees Work at Karnavati Procon?

Unlock and access historical data on people associated with Karnavati Procon, 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 Karnavati Procon, 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 Procon'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 Karnavati Procon

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Karnavati Procon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 29 Mar 2013 via Charge ID 10422550 with Axis Bank Limited was fully satisfied on 22 Aug 2017.

    22 Aug 2017

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10621379 with Hdb Financial Services Limited was fully satisfied on 30 Jun 2016.

    30 Jun 2016

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 2.92 M with Charge ID 10621379 was registered on 29 Sep 2015.

    29 Sep 2015

  • Charges

    A charge registered on 23 Feb 2012 via Charge ID 10338636 with Hdfc Bank Limited was fully satisfied on 16 Jan 2015.

    16 Jan 2015

Frequently asked questions

  • Karnavati Procon Limited was incorporated on 27 Mar 2010.

  • The authorized share capital of Karnavati Procon Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Karnavati Procon Limited.

    • Mahendra Nanjibhai Thummar
    • Gunvant Nanjibhai Patel
    • Amar Rameshbhai Gandhi
    • Pankajkumar Kantilal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnavati Procon Limited is Shed No. 20 21 22 Tirth Bhoomi Industrial Estate Bakrol, India, Daskroi, Gujarat, 382210.

  • The corporate identification number (CIN) of Karnavati Procon Limited is U45202GJ2010PLC060024 and the company number is 060024 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Karnavati Procon Limited has fallen by -28.09%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Karnavati Procon Limited has experienced an downturn of -45.28%.

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