Karwa Retail Private Limited

Retail company selling garments, computers, mobiles, and accessories since 1971.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated:

Karwa Retail Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 54 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.11 Cr
  • Revenue Growth 34.90%
  • Profit Growth -89.45%
  • Ebitda -131.84%
  • Net Worth 4.03%
  • Total Assets 48.73%

About Karwa Retail

Karwa Retail Private Limited (KRPL) was founded in India on 22 January 1971 and has a glorious history of 54 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Venkateshwara Distributors Private Limited. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.94 M.

The company has closed loans amounting to ₹2.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nilesh Karwa, Narayan Karwa, and Nandkishore Karwa 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

    U21000MH1971PTC014970

  • Company No.

    014970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile
Information Technology
Company report

Karwa Retail Private Limited

Explore comprehensive data for Karwa Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karwa Retail?

Board Members (3)

NameDesignationAppointment DateStatus
Nilesh Karwa Country flag representing In Director 23-Mar-2004Current
Narayan Karwa Country flag representing In Director 26-Jun-2003Current
Nandkishore Karwa Country flag representing In Director 16-Oct-1990Current

Financial Performance of Karwa Retail.

Karwa Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.9% increase. The company also saw a substantial fall in profitability, with a 89.45% decrease in profit. The company's net worth moved up by a moderate rise of 4.03%.

Karwa Retail revenue growth over time
Karwa Retail 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
34.90%
Revenue from Operations
37.30%
Total Assets
48.73%
Profit or Loss
-89.45%
Net Worth
4.03%
EBITDA
-131.84%

What is the Ownership and Shareholding Structure of Karwa Retail?

Unlock access to Karwa Retail's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.10 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 2.00 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2013Hdfc Bank Limited₹1.10 MSatisfied
28 Dec 2004Bank Of Baroda₹2.00 CrSatisfied

How Many Employees Work at Karwa Retail?

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

Employee growth trends for Karwa Retail Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karwa Retail, 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 Karwa Retail'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 Karwa Retail

Recent activity within the organization

  • Annual General Meeting

    Karwa Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 31 May 2013 via Charge ID 10434508 with Hdfc Bank Limited was fully satisfied on 26 Apr 2024.

  • Balance Sheet

    Karwa Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.10 M registered on 31 May 2013 with Charge ID 10434508 was modified on 11 Apr 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 10434508 was registered on 31 May 2013.

  • Charges

    A charge registered on 28 Dec 2004 via Charge ID 90241272 with Bank Of Baroda was fully satisfied on 27 May 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Karwa Retail Private Limited?

    Karwa Retail Private Limited was incorporated on 22 Jan 1971.

  • What is authorized share capital and paid-up capital of Karwa Retail Private Limited?

    The authorized share capital of Karwa Retail Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.94 M.

  • Who are the current board members & directors of Karwa Retail Private Limited?

    Currently 3 directors are associated with Karwa Retail Private Limited.

    • Nilesh Nandkishore Karwa
    • Narayan Karwa
    • Nandkishore Karwa

  • What is the registered address of Karwa Retail Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karwa Retail Private Limited is 308 Regent Chamber208 Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Karwa Retail Private Limited?

    The corporate identification number (CIN) of Karwa Retail Private Limited is U21000MH1971PTC014970 and the company number is 014970 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karwa Retail Private Limited?

    The Official website of Karwa Retail Private Limited is https://www.karwamarketing.com

  • What has been the recent revenue trend for Karwa Retail Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karwa Retail Private Limited has risen by 34.90%.

  • What change has been observed in the net worth of Karwa Retail Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karwa Retail Private Limited has experienced an upsurge of 4.03%.

  • When was the last Balance Sheet of Karwa Retail Private Limited filed with the ROC?

    The most recent Balance Sheet for Karwa Retail Private Limited was filed with the ROC on 31 Mar 2024.

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