Karni Steels Private Limited

Manufactures iron and steel products since 2006 in Raipur, Chattisgarh.

2006 | Raipur, Chattisgarh (India) | Active
Last Updated:

Karni Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.08 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.68 Cr
  • Satisfied Charges ₹ 3.20 Cr
  • Revenue Growth -14.21%
  • Profit Growth -6.15%
  • Ebitda -7.62%
  • Net Worth 7.48%
  • Total Assets -0.38%

About Karni Steels

Karni Steels Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 2006 and has a history of 18 years and seven months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 1.08 M.

The company currently has active open charges totaling ₹6.68 Cr. The company has closed loans amounting to ₹3.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akash Baid and Ummed Kumar serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106CT2006PTC020084

  • Company No.

    020084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2006

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals
Company report

Karni Steels Private Limited

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

Who are the key members and board of directors at Karni Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Akash Baid Country flag representing In Director 11-Feb-2008Current
Ummed Kumar Country flag representing In Director 18-Sep-2006Current

Financial Performance of Karni Steels.

Karni Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.21% decrease. The company also saw a slight decrease in profitability, with a 6.15% decrease in profit. The company's net worth moved up by a moderate rise of 7.48%.

Karni Steels revenue growth over time
Karni Steels 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
-14.21%
Revenue from Operations
-14.21%
Total Assets
-0.38%
Profit or Loss
-6.15%
Net Worth
7.48%
EBITDA
-7.62%

What is the Ownership and Shareholding Structure of Karni Steels?

In 2023, Karni Steels had a promoter holding of 92.59% and a public holding of 7.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.77 M

Satisfied Charges

₹32.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.57 Cr
  • Bank Of India : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2018Hdfc Bank Limited₹6.00 MOpen
16 Apr 2018Hdfc Bank Limited₹3.36 CrOpen
19 Jan 2018Hdfc Bank Limited₹2.61 CrOpen
20 May 2015Bank Of India₹1.10 MOpen
30 Mar 2015Bank Of India₹2.25 CrSatisfied

How Many Employees Work at Karni Steels?

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

Employee growth trends for Karni Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karni Steels, 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 Karni Steels'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 Karni Steels

Recent activity within the organization

  • Annual General Meeting

    Karni Steels Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Karni Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.00 M registered on 16 Apr 2018 with Charge ID 100180252 was modified on 20 Jul 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.58 M registered on 16 Apr 2018 with Charge ID 100181141 was modified on 12 Dec 2020.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 26.08 M registered on 19 Jan 2018 with Charge ID 100154062 was modified on 12 Oct 2020.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 33.58 M with Charge ID 100181141 was registered on 16 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Karni Steels Private Limited?

    Karni Steels Private Limited was incorporated on 18 Sep 2006.

  • What is authorized share capital and paid-up capital of Karni Steels Private Limited?

    The authorized share capital of Karni Steels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.08 M.

  • Who are the current board members & directors of Karni Steels Private Limited?

    Currently 2 directors are associated with Karni Steels Private Limited.

    • Akash Baid
    • Ummed Baid Kumar

  • What is the registered address of Karni Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karni Steels Private Limited is Plot No 618, Urla Industrial Area Urla India, Raipur, Chattisgarh, 493221.

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

    The corporate identification number (CIN) of Karni Steels Private Limited is U27106CT2006PTC020084 and the company number is 020084 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Karni Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karni Steels Private Limited has fallen by -14.21%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Karni Steels Private Limited has experienced an upsurge of 7.48%.

  • What are the total open charges for Karni Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Karni Steels Private Limited amount to ₹ 6.68 Cr.

  • When was the last Balance Sheet of Karni Steels Private Limited filed with the ROC?

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

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