Karwa Spinners Private Limited

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

1995 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Karwa Spinners Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.49 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 and three months. Its registered office is in Varanasi, 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 2024. 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.

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

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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.

Company report

Karwa Spinners Private Limited

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

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

Board Members (2)

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

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%.

Karwa Spinners revenue growth over time
Karwa Spinners 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.

Employee growth trends for Karwa Spinners Private Limited

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

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

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

  • 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 10 months .

  • Charges

    A charge with Union Bank Of India amounted to Rs. 3.00 M with Charge ID 90280629 was registered on 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 3 months .

Frequently asked questions

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

    Karwa Spinners Private Limited was incorporated on 14 Feb 1995.

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

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

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

    Currently 2 directors are associated with Karwa Spinners Private Limited.

    • Lokendra Kumar Karawa
    • Bharti Karwa

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Karwa Spinners Private Limited is Gopal Bagh Bhullanpur (Pac)Manduadih, Varanasi India, Uttar Pradesh, 221104.

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

    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).

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

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

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

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

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

    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%.

  • What are the total open charges for Karwa Spinners Private Limited?

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

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

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

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