Kartik Sarees Private Limited

Textile company that trades, manufactures, and processes various natural and synthetic fibers and materials.

2000 | Surat, Gujarat (India) | Active
Last Updated:

Kartik Sarees Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.82 M
  • Company Age 24 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.77 Cr
  • Satisfied Charges ₹ 12.68 Cr
  • Revenue Growth 31.10%
  • Profit Growth 27.62%
  • Ebitda 19.22%
  • Net Worth 2.37%
  • Total Assets 13.39%

About Kartik Sarees

Kartik Sarees Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 2000 and has a history of 24 years and four months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Fashion And Textile 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 1.00 Cr and a paid-up capital of Rs 8.82 M.

The company currently has active open charges totaling ₹6.77 Cr. The company has closed loans amounting to ₹12.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vimal Fatehpuria, Gayatri Fatehpuria, Harshad Fatehpuria, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17297GJ2000PTC038907

  • Company No.

    038907

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Kartik Sarees Private Limited offer?

Kartik Sarees Private Limited offers a wide range of products and services, including Sarees, Lehenga and Salwar Suits, Ethnic Saree, Chiffon Sarees, Printed Sarees, Designer Sarees, Embroidered Sarees, Apparel Fabrics & Clothing Textiles, Printed Fabrics.

Who are the key members and board of directors at Kartik Sarees?

Board Members (4)

NameDesignationAppointment DateStatus
Harshad Fatehpuria Country flag representing In Director 28-Mar-2015Current
Vimal Fatehpuria Country flag representing In Director 08-Nov-2000Current
Gayatri Fatehpuria Country flag representing In Director 28-Mar-2015Current
Kartik Fatehpuria Country flag representing In Director 28-Mar-2015Current

Financial Performance of Kartik Sarees.

Kartik Sarees Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 31.1% increase. The company also saw a substantial improvement in profitability, with a 27.62% increase in profit. The company's net worth moved up by a moderate rise of 2.37%.

Kartik Sarees revenue growth over time
Kartik Sarees 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
31.10%
Revenue from Operations
32.04%
Total Assets
13.39%
Profit or Loss
27.62%
Net Worth
2.37%
EBITDA
19.22%

What is the Ownership and Shareholding Structure of Kartik Sarees?

In 2021, Kartik Sarees had a promoter holding of 49.23% and a public holding of 50.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.77 Cr

Satisfied Charges

₹12.68 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.37 Cr
  • Bank Of Baroda : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2024Axis Bank Limited₹4.00 MOpen
02 Sep 2023Axis Bank Limited₹1.47 CrOpen
09 Mar 2021Axis Bank Limited₹3.00 MOpen
15 Nov 2018Axis Bank Limited₹4.20 CrOpen
05 Oct 2001Bank Of Baroda₹4.00 MOpen

How Many Employees Work at Kartik Sarees?

Unlock and access historical data on people associated with Kartik Sarees, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Kartik Sarees Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kartik Sarees, 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 Kartik Sarees'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 Kartik Sarees

Recent activity within the organization

  • Annual General Meeting

    Kartik Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 0.40 Cr registered on 13 Aug 2024 with Charge ID 100971232 was modified on 14 Aug 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100971232 was registered on 13 Aug 2024.

  • Balance Sheet

    Kartik Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 4.20 Cr registered on 15 Nov 2018 with Charge ID 100216883 was modified on 03 Nov 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.47 Cr with Charge ID 100789910 was registered on 02 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Kartik Sarees Private Limited?

    Kartik Sarees Private Limited was incorporated on 08 Nov 2000.

  • What is authorized share capital and paid-up capital of Kartik Sarees Private Limited?

    The authorized share capital of Kartik Sarees Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.82 M.

  • Who are the current board members & directors of Kartik Sarees Private Limited?

    Currently 4 directors are associated with Kartik Sarees Private Limited.

    • Vimal Kumar Shribhagwan Fatehpuria
    • Gayatri Vimalkumar Fatehpuria
    • Harshad Vimalkumar Fatehpuria
    • Kartik Vimal Fatehpuria
  • What is the registered address of Kartik Sarees Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kartik Sarees Private Limited is 274/277 Abhinandan Tex Marketring Road India, Surat, Gujarat, 395002.

  • What is the corporate identification number (CIN) and company number of Kartik Sarees Private Limited?

    The corporate identification number (CIN) of Kartik Sarees Private Limited is U17297GJ2000PTC038907 and the company number is 038907 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Kartik Sarees Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Kartik Sarees Private Limited has risen by 31.10%.

  • What change has been observed in the net worth of Kartik Sarees Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Kartik Sarees Private Limited has experienced an upsurge of 2.37%.

  • What are the total open charges for Kartik Sarees Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Kartik Sarees Private Limited amount to ₹ 6.77 Cr.

  • When was the last Balance Sheet of Kartik Sarees Private Limited filed with the ROC?

    The most recent Balance Sheet for Kartik Sarees Private Limited was filed with the ROC on 31 Mar 2024.

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