Karnavati Wheels Private Limited

Company deals in buying, selling, and exporting/importing various types of vehicles.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Karnavati Wheels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 83.05 Cr
  • Satisfied Charges ₹ 10.86 Cr
  • Revenue Growth 20.32%
  • Profit Growth -5.77%
  • Ebitda -9.16%
  • Net Worth 29.66%
  • Total Assets 61.70%

About Karnavati Wheels

Karnavati Wheels Private Limited (KWPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 September 2019 (Five years and seven months 22 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹83.05 Cr. The company has closed loans amounting to ₹10.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Inderpreet Saluja and Baljeetsingh Bagga 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

    U50401GJ2019PTC109912

  • Company No.

    109912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

Karnavati Wheels Private Limited

Explore comprehensive data for Karnavati Wheels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Inderpreet Saluja Country flag representing In Director 13-Sep-2019Current
Baljeetsingh Bagga Country flag representing In Director 13-Sep-2019Current

Financial Performance of Karnavati Wheels.

Karnavati Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.32% increase. The company also saw a slight decrease in profitability, with a 5.77% decrease in profit. The company's net worth Soared by an impressive increase of 29.66%.

Karnavati Wheels revenue growth over time
Karnavati Wheels 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
20.32%
Revenue from Operations
20.21%
Total Assets
61.70%
Profit or Loss
-5.77%
Net Worth
29.66%
EBITDA
-9.16%

What is the Ownership and Shareholding Structure of Karnavati Wheels?

In 2023, Karnavati Wheels 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

₹83.05 Cr

Satisfied Charges

₹10.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 83.05 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2022Others₹12.00 CrOpen
22 Nov 2019Others₹71.05 CrOpen
05 Apr 2023Axis Bank Limited₹10.86 CrSatisfied

How Many Employees Work at Karnavati Wheels?

Karnavati Wheels has a workforce of 70 employees as of Apr 02, 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.

Employee growth trends for Karnavati Wheels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnavati Wheels, 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 Wheels'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 Wheels

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 71.05 Cr registered on 22 Nov 2019 with Charge ID 100302382 was modified on 01 May 2024.

  • Balance Sheet

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

  • Charges

    A charge registered on 05 Apr 2023 via Charge ID 100713871 with Axis Bank Limited was fully satisfied on 13 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.86 Cr with Charge ID 100713871 was registered on 05 Apr 2023.

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 18 Jan 2022 with Charge ID 100526620 was modified on 04 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Karnavati Wheels Private Limited?

    Karnavati Wheels Private Limited was incorporated on 13 Sep 2019.

  • What is authorized share capital and paid-up capital of Karnavati Wheels Private Limited?

    The authorized share capital of Karnavati Wheels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Karnavati Wheels Private Limited?

    Currently 2 directors are associated with Karnavati Wheels Private Limited.

    • Inderpreet Singh Saluja
    • Baljeetsingh Surjitsingh Bagga

  • What is the registered address of Karnavati Wheels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnavati Wheels Private Limited is Next To Sola Fly-Over Nr. New High Court, India, Ahmedabad, Gujarat, 380061.

  • What is the corporate identification number (CIN) and company number of Karnavati Wheels Private Limited?

    The corporate identification number (CIN) of Karnavati Wheels Private Limited is U50401GJ2019PTC109912 and the company number is 109912 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karnavati Wheels Private Limited?

    The Official website of Karnavati Wheels Private Limited is https://www.karnavati.co

  • What has been the recent revenue trend for Karnavati Wheels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnavati Wheels Private Limited has risen by 20.32%.

  • How many employees does Karnavati Wheels Private Limited currently have?

    As Per 2023 financial reports, 70 employees are currently employed by Karnavati Wheels Private Limited.

  • What change has been observed in the net worth of Karnavati Wheels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnavati Wheels Private Limited has experienced an upsurge of 29.66%.

  • What are the total open charges for Karnavati Wheels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Karnavati Wheels Private Limited amount to ₹ 83.05 Cr.

  • When was the last Balance Sheet of Karnavati Wheels Private Limited filed with the ROC?

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

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