Karo Metals Private Limited
Metal manufacturing company established in 2016, based in Orissa.
2016 | Bhubaneswar, Orissa (India) | Active
Karo Metals Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.75 M
- Company Age 9 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.78 Cr
- Revenue Growth %
- Profit Growth 4605.91%
- Ebitda 6180.59%
- Net Worth 97.26%
- Total Assets 2702.70%
About Karo Metals
Karo Metals Private Limited (KMPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 January 2016 (Nine years and one month 20 days old ). Its registered office is in Bhubaneswar, Orissa, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.75 M.
The company currently has active open charges totaling ₹2.78 Cr.
Md Moin, Pratap Mishra, Jawed Mohammed, and One other member serve as directors at the Company.
Company Details
- Location
Bhubaneswar, Orissa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U13209OR2016PTC019817
- Company No.
019817
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Metals and Minerals
Karo Metals Private Limited
Explore comprehensive data for Karo Metals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karo Metals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjit Pradhan  | Managing Director | 21-Jan-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Md Moin | Director | Current | |
| Pratap Mishra | Director | 12-Apr-2022 | Current |
| Jawed Mohammed | Director | 12-Apr-2022 | Current |
Financial Performance of Karo Metals.
Karo Metals Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 4605.91% increase in profit. The company's net worth Soared by an impressive increase of 97.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karo Metals?
In 2023, Karo Metals had a promoter holding of 20.00% and a public holding of 80.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹27.84 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.57 Cr
- Tata Capital Financial Services Limited : 1.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | Others | ₹6.05 M | Open |
| 22 Jan 2024 | Others | ₹9.70 M | Open |
| 30 Nov 2023 | Tata Capital Financial Services Limited | ₹1.21 Cr | Open |
How Many Employees Work at Karo Metals?
Karo Metals has a workforce of 31 employees as of Apr 08, 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 Metals, 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 Metals'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.
Latest Updates, News, and FAQs on Karo Metals
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 6.05 M with Charge ID 100882528 was registered on 31 Jan 2024.
- Charges
A charge with Others amounted to Rs. 9.70 M with Charge ID 100852690 was registered on 22 Jan 2024.
- Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 12.10 M with Charge ID 100840955 was registered on 30 Nov 2023.
- Annual General Meeting
Karo Metals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Karo Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
- Director Appointment
Pratap Kumar Mishra was appointed as a Director was appointed as a Director on 12 Apr 2022 & has been associated with this company since 2 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Karo Metals Private Limited?
Karo Metals Private Limited was incorporated on 21 Jan 2016.
What is authorized share capital and paid-up capital of Karo Metals Private Limited?
The authorized share capital of Karo Metals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.75 M.
Who are the current board members & directors of Karo Metals Private Limited?
Currently 4 directors are associated with Karo Metals Private Limited.
- Md Moin
- Pratap Kumar Mishra
- Jawed Mohammed
- Ranjit Kumar Pradhan
What is the registered address of Karo Metals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karo Metals Private Limited is Flat No 205 Block - C Saswat Homes Patia, Bhubaneswar, Orissa, India, 751024.
What is the corporate identification number (CIN) and company number of Karo Metals Private Limited?
The corporate identification number (CIN) of Karo Metals Private Limited is U13209OR2016PTC019817 and the company number is 019817 as per Ministry of Corporate Affairs (MCA).
How many employees does Karo Metals Private Limited currently have?
As Per 2023 financial reports, 31 employees are currently employed by Karo Metals Private Limited.
What change has been observed in the net worth of Karo Metals Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karo Metals Private Limited has experienced an upsurge of 97.26%.
What are the total open charges for Karo Metals Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karo Metals Private Limited amount to ₹ 2.78 Cr.
When was the last Balance Sheet of Karo Metals Private Limited filed with the ROC?
The most recent Balance Sheet for Karo Metals Private Limited was filed with the ROC on 31 Mar 2023.
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