Karuna Motors (Gulbarga) Private Limited

This company trades vehicles and offers maintenance, roadside assistance, and accessories, as well as loan and insurance services.

2010 | Gulbarga, Karnataka (India) | Active
Last Updated: November 16, 2024

Karuna Motors (Gulbarga) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.01 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth 37.81%
  • Profit Growth 46.78%
  • Ebitda 42.24%
  • Net Worth 27.57%
  • Total Assets 48.64%

About Karuna Motors (Gulbarga)

Karuna Motors (Gulbarga) Private Limited (KMGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2010 and has a history of 14 years and nine months. Its registered office is in Gulbarga, Karnataka, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹27.01 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh Bilgundi, Bhimashankar Bilgundi, and Karuna Bilgundi serve as directors at the Company.

Company Details

  • Location

    Gulbarga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50401KA2010PTC053172

  • Company No.

    053172

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Karuna Motors (Gulbarga)?

Board Members (3)

Name Designation Appointment Date Status
Santosh Bilgundi Country flag representing In Director 12-Apr-2010 Current
Bhimashankar Bilgundi Country flag representing In Director 12-Apr-2010 Current
Karuna Bilgundi Country flag representing In Director 12-Apr-2010 Current

Financial Performance of Karuna Motors (Gulbarga).

Karuna Motors (Gulbarga) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.81% increase. The company also saw a substantial improvement in profitability, with a 46.78% increase in profit. The company's net worth Soared by an impressive increase of 27.57%.

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
37.81%
Revenue from Operations
37.63%
Total Assets
48.64%
Profit or Loss
46.78%
Net Worth
27.57%
EBITDA
42.24%

What is the Ownership and Shareholding Structure of Karuna Motors (Gulbarga)?

In 2023, Karuna Motors (Gulbarga) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.01 Cr

Satisfied Charges

₹12.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.81 Cr
  • Others : 1.20 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 2023 Others ₹1.20 Cr Open
03 Mar 2023 State Bank Of India ₹4.50 Cr Open
21 Aug 2021 State Bank Of India ₹19.91 Cr Open
26 May 2016 State Bank Of India ₹1.40 Cr Open
15 Dec 2020 Others ₹6.00 Cr Satisfied

How Many Employees Work at Karuna Motors (Gulbarga)?

Karuna Motors (Gulbarga) has a workforce of 38 employees as of Apr 05, 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 Karuna Motors (Gulbarga), 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 Karuna Motors (Gulbarga)'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 Karuna Motors (Gulbarga)

Recent activity within the organization

  • Annual General Meeting

    Karuna Motors (Gulbarga) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 19.91 Cr registered on 21 Aug 2021 with Charge ID 100498097 was modified on 17 Jun 2023.

    17 Jun 2023

  • Balance Sheet

    Karuna Motors (Gulbarga) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100696794 was registered on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100708263 was registered on 03 Mar 2023.

    03 Mar 2023

  • Charges

    A charge registered on 15 Dec 2020 via Charge ID 100400816 with Others was fully satisfied on 21 Oct 2021.

    21 Oct 2021

Frequently asked questions

  • Karuna Motors (Gulbarga) Private Limited was incorporated on 12 Apr 2010.

  • The authorized share capital of Karuna Motors (Gulbarga) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Karuna Motors (Gulbarga) Private Limited.

    • Santosh Bhimashankar Bilgundi
    • Bhimashankar Chandrashekar Bilgundi
    • Karuna Bhimashankar Bilgundi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karuna Motors (Gulbarga) Private Limited is Bilgundi Garden Sedam Road India, Gulbarga, Karnataka, 585105.

  • The corporate identification number (CIN) of Karuna Motors (Gulbarga) Private Limited is U50401KA2010PTC053172 and the company number is 053172 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karuna Motors (Gulbarga) Private Limited is https://www.karunatoyota.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karuna Motors (Gulbarga) Private Limited has risen by 37.81%.

  • As Per 2023 financial reports, 38 employees are currently employed by Karuna Motors (Gulbarga) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karuna Motors (Gulbarga) Private Limited has experienced an upsurge of 27.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karuna Motors (Gulbarga) Private Limited amount to ₹ 27.01 Cr.

  • The most recent Balance Sheet for Karuna Motors (Gulbarga) Private Limited was filed with the ROC on 31 Mar 2023.