Karriers Finance Private Limited

Provides non-banking financial services, specializing in hire purchase for motor vehicles, motorcycles, and scooters.

1955 | New Delhi, Delhi (India) | Active
Last Updated: July 26, 2024

Karriers Finance Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.06 Cr
  • Company Age 70 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth -28.61%
  • Profit Growth -42.58%
  • Ebitda -34.80%
  • Net Worth 15.30%
  • Total Assets -47.99%

About Karriers Finance

Karriers Finance Private Limited (KFPL) was founded in India on 11 January 1955 and has a glorious history of 70 years and one month.Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 6.06 Cr.

The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anita Nanda, Vimal Gujral, Jayant Nanda, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cargomotors.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1955PTC002467

  • Company No.

    002467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 1955

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Karriers Finance?

Board Members (6)

NameDesignationAppointment DateStatus
Vimal Gujral Country flag representing In Director 06-Nov-1995Current
Anita Nanda Country flag representing In Director 06-Nov-1995Current
Jayant Nanda Country flag representing In Director 12-Dec-1994Current
Devki Nanda Country flag representing In Director 16-Aug-2005Current
Jannat Wadhwa Country flag representing In Director 12-Oct-2022Current
Rakesh Khanna Country flag representing In Director 12-Oct-2022Current

Financial Performance of Karriers Finance.

Karriers Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.61% decrease. The company also saw a substantial fall in profitability, with a 42.58% decrease in profit. The company's net worth Soared by an impressive increase of 15.3%.

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
-28.61%
Revenue from Operations
-31.02%
Total Assets
-47.99%
Profit or Loss
-42.58%
Net Worth
15.30%
EBITDA
-34.80%

What is the Ownership and Shareholding Structure of Karriers Finance?

In 2023, Karriers Finance had a promoter holding of 98.28% and a public holding of 1.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 Cr

Satisfied Charges

₹12.00 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2021Yes Bank Limited₹7.50 CrOpen
12 Mar 2013Hdfc Bank Limited₹12.00 CrSatisfied

How Many Employees Work at Karriers Finance?

Unlock and access historical data on people associated with Karriers Finance, 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 Karriers Finance, 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 Karriers Finance'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 Karriers Finance

Recent activity within the organization

  • Annual General Meeting

    Karriers Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Karriers Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Jannat Wadhwa was appointed as a Director was appointed as a Director on 12 Oct 2022 & has been associated with this company since 2 years 4 months .

    12 Oct 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100517017 was registered on 07 Dec 2021.

    07 Dec 2021

  • Charges

    A charge registered on 12 Mar 2013 via Charge ID 10420805 with Hdfc Bank Limited was fully satisfied on 09 Apr 2019.

    09 Apr 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 10420805 was registered on 12 Mar 2013.

    12 Mar 2013

Frequently asked questions

  • Karriers Finance Private Limited was incorporated on 11 Jan 1955.

  • The authorized share capital of Karriers Finance Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.06 Cr.

  • Currently 6 directors are associated with Karriers Finance Private Limited.

    • Anita Nanda
    • Vimal Chunilal Gujral
    • Jayant Nanda
    • Devki Nanda
    • Jannat Wadhwa
    • Rakesh Kumar Khanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karriers Finance Private Limited is 1/9-B Jindal House Asaf Ali Road, New Delhi, India.

  • The corporate identification number (CIN) of Karriers Finance Private Limited is U74899DL1955PTC002467 and the company number is 002467 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karriers Finance Private Limited is https://www.cargomotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karriers Finance Private Limited has fallen by -28.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karriers Finance Private Limited has experienced an upsurge of 15.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karriers Finance Private Limited amount to ₹ 7.50 Cr.

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

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