Karvat Cover-More Assist Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.10 M
as on 16-11-2024
- Company Age 19 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.75 Cr
as on 16-11-2024
- Revenue 10.83%
(FY 2023)
- Profit -34.19%
(FY 2023)
- Ebitda -15.54%
(FY 2023)
- Net Worth 33.23%
(FY 2023)
- Total Assets -18.99%
(FY 2023)
About Karvat Cover-More Assist
The Corporate was formerly known as Karvat Travel Services Private Limited. The Company is engaged in the Transport And Logistics 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹7.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Charles Whattam and Paras Kothari serve as directors at the Company.
- CIN/LLPIN
U63040MH2005PTC157690
- Company No.
157690
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Nov 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Karvat Cover-More Assist?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Charles Whattam  | Director | 26-Feb-2021 | Current |
Paras Kothari  | Whole-Time Director | 30-May-2022 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karvat Cover-More Assist?
In 2023, Karvat Cover-More Assist had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Standard Chartered Bank Creation Date: 04 Jul 2018 | ₹4.63 Cr | Satisfied |
Standard Chartered Bank Creation Date: 29 Mar 2017 | ₹3.13 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karvat Cover-More Assist, 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 Karvat Cover-More Assist'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.
