Karo Coils Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 16.25 Cr
- Revenue Growth 95.27%
- Profit Growth 24.68%
- Ebitda -66.41%
- Net Worth -34.16%
- Total Assets -27.79%
About Karo Coils
Karo Coils Private Limited (KCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2006 and has a history of 18 years and nine months. Its registered office is in Delhi, India.
The Corporate was formerly known as Karo Wires Private Limited. 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 5.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company has closed loans amounting to ₹16.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Savmit Grover and Siddharth Grover serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28113DL2006PTC148559
- Company No.
148559
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Karo Coils Private Limited offer?
Karo Coils Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Spare Parts.
Who are the key members and board of directors at Karo Coils?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Grover  | Director | 18-Sep-2020 | Current |
| Savmit Grover | Director | 07-Jun-2010 | Current |
Financial Performance of Karo Coils.
Karo Coils Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.27% increase. The company also saw a substantial improvement in profitability, with a 24.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Karo Coils?
In 2021, Karo Coils had a promoter holding of 66.24% and a public holding of 33.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Crimsun Organics Private LimitedSavmit Grover is a mutual person
Hls Asia LimitedSavmit Grover is a mutual person
Skyline Realcon Private LimitedSavmit Grover is a mutual person
- Gopal Automobile Agencies Private Limited
Savmit Grover is a mutual person
- Bps Holdings Private Limited
Savmit Grover is a mutual person
- Stratoshear Technologies Private Limited
Savmit Grover is a mutual person
Charges (Loans)
₹0
₹16.25 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 10.65 Cr
- Others : 5.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2019 | Others | ₹5.60 Cr | Satisfied |
| 13 Mar 2012 | State Bank Of India | ₹10.65 Cr | Satisfied |
How Many Employees Work at Karo Coils?
Karo Coils has a workforce of 28 employees as of Mar 26, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karo Coils, 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 Karo Coils'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.
