Karwa Yarn Private Limited

Textile trading and manufacturing company with registered office in Varanasi, UP.

2004 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: July 02, 2024

Karwa Yarn Profile

Key Indicators

  • Authorised Capital ₹ 2.70 M
  • Paid Up Capital ₹ 2.63 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth -14.78%
  • Profit Growth -77.69%
  • Ebitda -9.81%
  • Net Worth 11.08%
  • Total Assets 6.14%

About Karwa Yarn

Karwa Yarn Private Limited (KYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2004 and has a history of 20 years and six months. Its registered office is in Varanasi, Uttar Pradesh, India.

The Corporate was formerly known as Nallied Vinimay Private Limited. The Company is engaged in the Home & Lifestyle 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 2.70 M and a paid-up capital of Rs 2.63 M.

The company currently has active open charges totaling ₹4.25 Cr.

Tejas Karwa, Aditi Karwa, Bharti Karwa, and Two other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    karwaspinners.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120UP2004PTC075174

  • Company No.

    075174

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Home & Lifestyle

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

Board Members (5)

NameDesignationAppointment DateStatus
Prerna Mundra Country flag representing In Director 08-Dec-2007Current
Aditi Karwa Country flag representing In Director 05-Mar-2012Current
Tejas Karwa Country flag representing In Director 24-Dec-2016Current
Bharti Karwa Country flag representing In Director 31-Mar-2014Current
Lokendra Karawa Country flag representing In Director 01-Apr-2013Current

Financial Performance of Karwa Yarn.

Karwa Yarn Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.78% decrease. The company also saw a substantial fall in profitability, with a 77.69% decrease in profit. The company's net worth Soared by an impressive increase of 11.08%.

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
-14.78%
Revenue from Operations
-14.70%
Total Assets
6.14%
Profit or Loss
-77.69%
Net Worth
11.08%
EBITDA
-9.81%

What is the Ownership and Shareholding Structure of Karwa Yarn?

In 2023, Karwa Yarn 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

₹42.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.75 Cr
  • Oriental Bank Of Commerce : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 May 2022Others₹7.50 MOpen
26 Dec 2019Others₹3.00 CrOpen
27 Jul 2015Oriental Bank Of Commerce₹5.00 MOpen

How Many Employees Work at Karwa Yarn?

Karwa Yarn has a workforce of 16 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100582582 was registered on 07 May 2022.

    07 May 2022

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100317302 was registered on 26 Dec 2019.

    26 Dec 2019

  • Director Appointment

    Tejas Karwa was appointed as a Director was appointed as a Director on 24 Dec 2016 & has been associated with this company since 8 years 2 months .

    24 Dec 2016

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 5.00 M with Charge ID 10592580 was registered on 27 Jul 2015.

    27 Jul 2015

Frequently asked questions

  • Karwa Yarn Private Limited was incorporated on 16 Aug 2004.

  • The authorized share capital of Karwa Yarn Private Limited is ₹ 2.70 M and paid-up capital is ₹ 2.63 M.

  • Currently 5 directors are associated with Karwa Yarn Private Limited.

    • Tejas Karwa
    • Aditi Karwa
    • Bharti Karwa
    • Prerna Mundra
    • Lokendra Kumar Karawa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karwa Yarn Private Limited is Gopal Bagh Post Bhullanpur P.A.C. Marhauli, Varanasi, Uttar Pradesh, India, 221104.

  • The corporate identification number (CIN) of Karwa Yarn Private Limited is U17120UP2004PTC075174 and the company number is 075174 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karwa Yarn Private Limited has fallen by -14.78%.

  • As Per 2023 financial reports, 16 employees are currently employed by Karwa Yarn Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karwa Yarn Private Limited has experienced an upsurge of 11.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karwa Yarn Private Limited amount to ₹ 4.25 Cr.

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

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