Karwa Spinners Private Limited

Manufactures and trades handmade rugs, carpets, and durries using various yarns.

1995 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: July 02, 2024

Karwa Spinners Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.49 M
  • Company Age 30 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.28 Cr
  • Revenue Growth 140.96%
  • Profit Growth 173.27%
  • Ebitda -485.88%
  • Net Worth 4.80%
  • Total Assets 59.05%

About Karwa Spinners

Karwa Spinners Private Limited (KSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 February 1995 and has a history of 30 years. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Company is engaged in the Consumer Goods 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 3.50 M and a paid-up capital of Rs 3.49 M.

The company currently has active open charges totaling ₹10.28 Cr.

Bharti Karwa and Lokendra Karawa serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    karwaspinners.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115UP1995PTC017553

  • Company No.

    017553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Goods

What products or services does Karwa Spinners Private Limited offer?

Karwa Spinners Private Limited offers a wide range of products and services, including Carpets & Rugs, Carpets, Room Carpet, Apparel & Textile Machinery, Spinning Machinery, Cotton Yarn, Compact Cotton Yarn, Designer Carpet, Natural Fiber Yarns, Linen Yarn.

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

Board Members (2)

NameDesignationAppointment DateStatus
Bharti Karwa Country flag representing In Director 01-Jul-2008Current
Lokendra Karawa Country flag representing In Director 14-Feb-1995Current

Financial Performance of Karwa Spinners.

Karwa Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 140.96% increase. The company also saw a substantial improvement in profitability, with a 173.27% increase in profit. The company's net worth moved up by a moderate rise of 4.8%.

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
140.96%
Revenue from Operations
117.00%
Total Assets
59.05%
Profit or Loss
173.27%
Net Worth
4.80%
EBITDA
-485.88%

What is the Ownership and Shareholding Structure of Karwa Spinners?

In 2023, Karwa Spinners 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

₹102.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.98 Cr
  • Union Bank Of India : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Others₹9.98 CrOpen
20 Aug 2004Union Bank Of India₹3.00 MOpen

How Many Employees Work at Karwa Spinners?

Unlock and access historical data on people associated with Karwa Spinners, 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 Karwa Spinners, 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 Spinners'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 Spinners

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 99.80 M with Charge ID 100893653 was registered on 30 Mar 2024.

    30 Mar 2024

  • Annual General Meeting

    Karwa Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Karwa Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Director Appointment

    Bharti Karwa was appointed as a Director was appointed as a Director on 01 Jul 2008 & has been associated with this company since 16 years 7 months .

    01 Jul 2008

  • Charges

    A charge with Union Bank Of India amounted to Rs. 3.00 M with Charge ID 90280629 was registered on 20 Aug 2004.

    20 Aug 2004

  • Director Appointment

    Lokendra Kumar Karawa was appointed as a Director was appointed as a Director on 14 Feb 1995 & has been associated with this company since 30 years 12 days .

    14 Feb 1995

Frequently asked questions

  • Karwa Spinners Private Limited was incorporated on 14 Feb 1995.

  • The authorized share capital of Karwa Spinners Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.49 M.

  • Currently 2 directors are associated with Karwa Spinners Private Limited.

    • Bharti Karwa
    • Lokendra Kumar Karawa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karwa Spinners Private Limited is Gopal BaghBhullanpur (Pac)Manduadih Varanasi, Uttar Pradesh, India, 221104.

  • The corporate identification number (CIN) of Karwa Spinners Private Limited is U17115UP1995PTC017553 and the company number is 017553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karwa Spinners Private Limited is https://www.karwaspinners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karwa Spinners Private Limited has risen by 140.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karwa Spinners Private Limited has experienced an upsurge of 4.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karwa Spinners Private Limited amount to ₹ 10.28 Cr.

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

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