Karwa Spinners Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
as on 02-07-2024
- Paid Up Capital ₹ 3.49 M
as on 02-07-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.28 Cr
as on 02-07-2024
- Revenue 140.96%
(FY 2023)
- Profit 173.27%
(FY 2023)
- Ebitda -485.88%
(FY 2023)
- Net Worth 4.80%
(FY 2023)
- Total Assets 59.05%
(FY 2023)
About Karwa Spinners
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.
- 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
Company Details
- Location
Uttar Pradesh, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharti Karwa  | Director | 01-Jul-2008 | Current |
| Lokendra Karawa | Director | 14-Feb-1995 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Karwa Yarn Private LimitedActive 20 years 5 monthsBharti Karwa and Lokendra Karawa are mutual person
Charges (Loans)
₹102.80 M
₹0
Charges Breakdown by Lending Institutions
- Others : 9.98 Cr
- Union Bank Of India : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹9.98 Cr | Open |
| 20 Aug 2004 | Union Bank Of India | ₹3.00 M | Open |
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.
Deals i
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
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.
