Karveer Textiles Private Limited

Textile company specializing in cloth trading, manufacturing, and processing various types of yarn and fabrics.

2011 | Kagal, Maharashtra (India) | Active
Last Updated: July 28, 2024

Karveer Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.96 Cr
  • Satisfied Charges ₹ 9.75 Cr
  • Revenue Growth 37.85%
  • Profit Growth 51.22%
  • Ebitda -0.17%
  • Net Worth 9.04%
  • Total Assets -2.83%

About Karveer Textiles

Karveer Textiles Private Limited (KTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2011 and has a history of 13 years and ten months. Its registered office is in Kagal, Maharashtra, India.

The Company is engaged in the Manufacturing 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 4.50 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹37.96 Cr. The company has closed loans amounting to ₹9.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Soni, Avinash Soni, and Archana Soni serve as directors at the Company.

Company Details

  • Location

    Kagal, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120PN2011PTC138856

  • Company No.

    138856

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2011

  • Date of AGM

    18 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Karveer Textiles?

Board Members (3)

Name Designation Appointment Date Status
Avinash Soni Country flag representing In Additional Director 27-Jul-2022 Current
Amit Soni Country flag representing In Director 18-Apr-2011 Current
Archana Soni Country flag representing In Director 26-Dec-2018 Current

Financial Performance of Karveer Textiles.

Karveer Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.85% increase. The company also saw a substantial improvement in profitability, with a 51.22% increase in profit. The company's net worth moved up by a moderate rise of 9.04%.

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
37.85%
Revenue from Operations
36.19%
Total Assets
-2.83%
Profit or Loss
51.22%
Net Worth
9.04%
EBITDA
-0.17%

What is the Ownership and Shareholding Structure of Karveer Textiles?

In 2023, Karveer Textiles 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

₹379.64 M

Satisfied Charges

₹97.50 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 37.96 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2024 Indian Bank ₹16.42 Cr Open
16 Feb 2022 Indian Bank ₹3.20 Cr Open
25 Aug 2021 Indian Bank ₹4.68 Cr Open
30 Dec 2020 Indian Bank ₹5.00 Cr Open
10 Feb 2020 Indian Bank ₹8.66 Cr Open

How Many Employees Work at Karveer Textiles?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karveer Textiles, 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 Karveer Textiles'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 Karveer Textiles

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 164.20 M with Charge ID 100944258 was registered on 16 May 2024.

    16 May 2024

  • Annual General Meeting

    Karveer Textiles Private Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.

    18 Sep 2023

  • Balance Sheet

    Karveer Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Avinash Budhraj Soni was appointed as a Additional Director was appointed as a Additional Director on 27 Jul 2022 & has been associated with this company since 2 years 6 months .

    27 Jul 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 32.04 M with Charge ID 100538399 was registered on 16 Feb 2022.

    16 Feb 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 46.80 M with Charge ID 100479460 was registered on 25 Aug 2021.

    25 Aug 2021

Frequently asked questions

  • Karveer Textiles Private Limited was incorporated on 14 Mar 2011.

  • The authorized share capital of Karveer Textiles Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Karveer Textiles Private Limited.

    • Amit Budhraj Soni
    • Avinash Budhraj Soni
    • Archana Amit Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karveer Textiles Private Limited is Plot No T T-27 Five Star Midc Kagal - Hatkanangale Industrial Area, Maharashtra, India, 416234.

  • The corporate identification number (CIN) of Karveer Textiles Private Limited is U17120PN2011PTC138856 and the company number is 138856 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karveer Textiles Private Limited has risen by 37.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karveer Textiles Private Limited has experienced an upsurge of 9.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karveer Textiles Private Limited amount to ₹ 37.96 Cr.

  • The most recent Balance Sheet for Karveer Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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