Karteek Ferromet Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.20 M
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 M
- Satisfied Charges ₹ 1.12 Cr
- Revenue Growth 82.78%
- Profit Growth 52.08%
- Ebitda 170.35%
- Net Worth 44.95%
- Total Assets -20.90%
About Karteek Ferromet
Karteek Ferromet Private Limited (KFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 0.50 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹1.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ritesh Angara and Rita Ritesh serve as directors at the Company.
Company Details
-
Location
Mumbai, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U27106MH2008PTC183977
-
Company No.
183977
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
25 Jun 2008
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Karteek Ferromet Private Limited offer?
Karteek Ferromet Private Limited offers a wide range of products and services, including Nails, Fasteners, Rivets & Shackles, High Strength Fasteners, Steel Pipes and Tubes, Alloy Steel Pipes, Metal & Metal Made Products, Round Bars, Flanges & Flanged Fittings, Alloy Flanges, Steel Bars, Rods, Plates & Sheets, Stainless Steel Round Bar.
Who are the key members and board of directors at Karteek Ferromet?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ritesh Angara
|
Director | 25-Jun-2008 | Current |
|
Rita Ritesh
|
Director | 01-Feb-2014 | Current |
Financial Performance of Karteek Ferromet.
Karteek Ferromet Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.78% increase. The company also saw a substantial improvement in profitability, with a 52.08% increase in profit. The company's net worth Soared by an impressive increase of 44.95%.
- 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 Karteek Ferromet?
In 2023, Karteek Ferromet had a promoter holding of 98.04% and a public holding of 1.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.00 M
₹11.20 M
Charges Breakdown by Lending Institutions
- Others : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2024 | Others | ₹6.00 M | Open |
| 29 Jul 2011 | The Ratnakar Bank Limited | ₹8.70 M | Satisfied |
| 20 Dec 2010 | Hdfc Bank Limited | ₹2.50 M | Satisfied |
How Many Employees Work at Karteek Ferromet?
Unlock and access historical data on people associated with Karteek Ferromet, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karteek Ferromet, 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 Karteek Ferromet'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.
