Karvat Cover-More Assist Private Limited logo

Karvat Cover-More Assist Private Limited

This company offers insurance and assistance services for travel and healthcare, including customizable options.
2005 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 17, 2024
HomeCompanyKarvat Cover-More Assist Private Limited

Who are the key members and board of directors at Karvat Cover-More Assist?

Board Members(2)

Financial Performance and Corporate Structure Insights of Karvat Cover-More Assist.

Karvat Cover-More Assist Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.83% increase. The company also saw a substantial fall in profitability, with a 34.19% decrease in profit. The company's net worth Soared by an impressive increase of 33.23%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.83%
Revenue from Operations
12.48%
Total Assets
-18.99%
Profit or Loss
-34.19%
Net Worth
33.23%
EBITDA
-15.54%

Charges (Loans)

Satisfied Charges

₹77.50 M

LenderAmountStatus

Standard Chartered Bank

Creation Date: 04 Jul 2018
₹4.63 CrSatisfied

Standard Chartered Bank

Creation Date: 29 Mar 2017
₹3.13 CrSatisfied

How Many Employees Work at Karvat Cover-More Assist?

Karvat Cover-More Assist has a workforce of 84 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.

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Latest Updates, News, and FAQs on Karvat Cover-More Assist

Recent activity within the organization

  • Annual General Meeting

    Karvat Cover-More Assist Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Karvat Cover-More Assist Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 04 Jul 2018 via Charge ID 100191378 with Standard Chartered Bank was fully satisfied on 24 Aug 2022.

    24 Aug 2022

  • Director Appointment

    Paras Harendra Kothari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 2022 & has been associated with this company since 2 years 4 months .

    30 May 2022

  • Director Appointment

    Charles Barrie Whattam was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 3 years 7 months .

    26 Feb 2021

  • Charges

    A charge registered on 29 Mar 2017 via Charge ID 100087815 with Standard Chartered Bank was fully satisfied on 25 Feb 2019.

    25 Feb 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Karvat Cover-More Assist Private Limited was incorporated on 30 Nov 2005.

  • The authorized share capital of Karvat Cover-More Assist Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Karvat Cover-More Assist Private Limited.

    • Charles Barrie Whattam
    • Paras Harendra Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karvat Cover-More Assist Private Limited is B/207 Citi Point J. B. Nagar Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Karvat Cover-More Assist Private Limited is U63040MH2005PTC157690 and the company number is 157690 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karvat Cover-More Assist Private Limited is https://www.trawelltagcovermore.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karvat Cover-More Assist Private Limited has risen by 10.83%.

  • As Per 2023 financial reports, 84 employees are currently employed by Karvat Cover-More Assist Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karvat Cover-More Assist Private Limited has experienced an upsurge of 33.23%.

  • The most recent Balance Sheet for Karvat Cover-More Assist Private Limited was filed with the ROC on 31 Mar 2023.

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