Karo Metals Private Limited

Metal manufacturing company established in 2016, based in Orissa.

2016 | Bhubaneswar, Orissa (India) | Active
Last Updated: July 27, 2024

Karo Metals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 9 Year, 11 Days
  • 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 11 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

Who are the key members and board of directors at Karo Metals?

Executive Team (1)

Name Designation Appointment Date Status
Ranjit Pradhan Country flag representing In Managing Director 21-Jan-2016 Current

Board Members (3)

Name Designation Appointment Date Status
Md Moin Country flag representing In Director Current
Pratap Mishra Country flag representing In Director 12-Apr-2022 Current
Jawed Mohammed Country flag representing In 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%.

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
Revenue from Operations
Total Assets
2702.70%
Profit or Loss
4605.91%
Net Worth
97.26%
EBITDA
6180.59%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 9.70 M with Charge ID 100852690 was registered on 22 Jan 2024.

    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.

    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.

    30 Sep 2023

  • Balance Sheet

    Karo Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • 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 9 months .

    12 Apr 2022

Frequently asked questions

  • Karo Metals Private Limited was incorporated on 21 Jan 2016.

  • The authorized share capital of Karo Metals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.75 M.

  • Currently 4 directors are associated with Karo Metals Private Limited.

    • Md Moin
    • Pratap Kumar Mishra
    • Jawed Mohammed
    • Ranjit Kumar Pradhan
  • 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.

  • 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).

  • As Per 2023 financial reports, 31 employees are currently employed by Karo Metals Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karo Metals Private Limited amount to ₹ 2.78 Cr.

  • The most recent Balance Sheet for Karo Metals Private Limited was filed with the ROC on 31 Mar 2023.

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