Karvat Cover-More Assist Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.75 Cr
- Revenue Growth 10.83%
- Profit Growth -34.19%
- Ebitda -15.54%
- Net Worth 62.90%
- Total Assets -18.83%
About Karvat Cover-More Assist
Karvat Cover-More Assist Private Limited (KCAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 2005 and has a history of 19 years and three months. Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Transport and Logistics
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 62.9%.
- 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)
Open Charges
₹0
Satisfied Charges
₹77.50 M
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 7.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2018 | Standard Chartered Bank | ₹4.63 Cr | Satisfied |
| 29 Mar 2017 | Standard Chartered Bank | ₹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.
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.
- Balance Sheet
Karvat Cover-More Assist Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 04 Jul 2018 via Charge ID 100191378 with Standard Chartered Bank was fully satisfied on 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 9 months .
- 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 4 years 29 days .
- Charges
A charge registered on 29 Mar 2017 via Charge ID 100087815 with Standard Chartered Bank was fully satisfied on 25 Feb 2019.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Karvat Cover-More Assist Private Limited?
Karvat Cover-More Assist Private Limited was incorporated on 30 Nov 2005.
What is authorized share capital and paid-up capital of Karvat Cover-More Assist Private Limited?
The authorized share capital of Karvat Cover-More Assist Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Karvat Cover-More Assist Private Limited?
Currently 2 directors are associated with Karvat Cover-More Assist Private Limited.
- Charles Barrie Whattam
- Paras Harendra Kothari
What is the registered address of Karvat Cover-More Assist Private Limited?
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 (East), India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Karvat Cover-More Assist Private Limited?
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).
What is the official website of Karvat Cover-More Assist Private Limited?
The Official website of Karvat Cover-More Assist Private Limited is https://www.trawelltagcovermore.com
What has been the recent revenue trend for Karvat Cover-More Assist Private Limited?
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%.
How many employees does Karvat Cover-More Assist Private Limited currently have?
As Per 2023 financial reports, 84 employees are currently employed by Karvat Cover-More Assist Private Limited.
What change has been observed in the net worth of Karvat Cover-More Assist Private Limited, and by what percentage?
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 62.90%.
When was the last Balance Sheet of Karvat Cover-More Assist Private Limited filed with the ROC?
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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