Karneet Enterprises(India)Private Limited

Outsourcing and trading of fertilizers, chemicals, and raw materials since 1994.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Karneet Enterprises(India)Private Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.00 Cr
  • Satisfied Charges ₹ 142.66 Cr
  • Revenue Growth 32.00%
  • Profit Growth 162.16%
  • Ebitda 51.72%
  • Net Worth 27.79%
  • Total Assets -29.06%

About Karneet Enterprises(India)Private

Karneet Enterprises(India)Private Limited (KEL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 1994 and has a history of 30 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 5.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹76.00 Cr. The company has closed loans amounting to ₹142.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jain Namrata, Peeyush Jain, and Karneet Jain serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mallinathgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100KA1994PTC015553

  • Company No.

    015553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Karneet Enterprises(India)Private Limited offer?

Karneet Enterprises(India)Private Limited offers a wide range of products and services, including Speciality Chemicals, Fertilizer, Chemical Fertilizers, Accounting Services, BPO Services, Warehousing Services, Industrial Chemicals, Food Ingredients.

Who are the key members and board of directors at Karneet Enterprises(India)Private?

Executive Team (1)

NameDesignationAppointment DateStatus
Peeyush Jain Country flag representing In Managing Director25-Apr-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Jain Namrata Country flag representing In Director 25-Apr-1994Current
Karneet Jain Country flag representing In Additional Director 07-Jul-2017Current

Financial Performance of Karneet Enterprises(India)Private.

Karneet Enterprises(India)Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32% increase. The company also saw a substantial improvement in profitability, with a 162.16% increase in profit. The company's net worth Soared by an impressive increase of 27.79%.

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
32.00%
Revenue from Operations
31.53%
Total Assets
-29.06%
Profit or Loss
162.16%
Net Worth
27.79%
EBITDA
51.72%

What is the Ownership and Shareholding Structure of Karneet Enterprises(India)Private?

In 2022, Karneet Enterprises(India)Private 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

₹76.00 Cr

Satisfied Charges

₹142.66 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 76.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jun 2024Karnataka Bank Ltd.₹76.00 CrOpen
18 Apr 2022Hdfc Bank Limited₹3.99 CrSatisfied
31 Jul 2020Hdfc Bank Limited₹4.50 CrSatisfied
08 Jul 2020Hdfc Bank Limited₹5.00 CrSatisfied
05 Mar 2015Hdfc Bank Limited₹117.50 CrSatisfied

How Many Employees Work at Karneet Enterprises(India)Private?

Unlock and access historical data on people associated with Karneet Enterprises(India)Private, 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 Karneet Enterprises(India)Private, 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 Karneet Enterprises(India)Private'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 Karneet Enterprises(India)Private

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 76.00 Cr registered on 13 Jun 2024 with Charge ID 100943884 was modified on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 76.00 Cr with Charge ID 100943884 was registered on 13 Jun 2024.

    13 Jun 2024

  • Charges

    A charge registered on 18 Apr 2022 via Charge ID 100567637 with Hdfc Bank Limited was fully satisfied on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge registered on 31 Jul 2020 via Charge ID 100356689 with Hdfc Bank Limited was fully satisfied on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge registered on 08 Jul 2020 via Charge ID 100356688 with Hdfc Bank Limited was fully satisfied on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge registered on 05 Mar 2015 via Charge ID 10568390 with Hdfc Bank Limited was fully satisfied on 12 Jun 2024.

    12 Jun 2024

Frequently asked questions

  • Karneet Enterprises(India)Private Limited was incorporated on 25 Apr 1994.

  • The authorized share capital of Karneet Enterprises(India)Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Karneet Enterprises(India)Private Limited.

    • Jain Namrata
    • Peeyush Jain
    • Karneet Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karneet Enterprises(India)Private Limited is 44/3 Race Corse Road, Fair Fiel D India, D Lay OutBangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karneet Enterprises(India)Private Limited is U27100KA1994PTC015553 and the company number is 015553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karneet Enterprises(India)Private Limited is https://www.mallinathgroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Karneet Enterprises(India)Private Limited has risen by 32.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Karneet Enterprises(India)Private Limited has experienced an upsurge of 27.79%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Karneet Enterprises(India)Private Limited amount to ₹ 76.00 Cr.

  • The most recent Balance Sheet for Karneet Enterprises(India)Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Business Process Outsourcing