Shri Karvir Nivasini Mahalaxmi Ispat Private Limited

Manufacturer of TMT bars with 3,000 ton/month capacity, serving various clients in Maharashtra.

1993 | Kolhapur, Maharashtra (India) | Active
Last Updated: December 03, 2024

Shri Karvir Nivasini Mahalaxmi Ispat Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.80 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.04 Cr
  • Satisfied Charges ₹ 16.34 Cr
  • Revenue Growth 11.89%
  • Profit Growth 134.32%
  • Ebitda 35.21%
  • Net Worth 3.28%
  • Total Assets 16.47%

About Shri Karvir Nivasini Mahalaxmi Ispat

Shri Karvir Nivasini Mahalaxmi Ispat Private Limited (SKNMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 1993 and has a history of 31 years and six months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Shree Karvir Nivsini Mahalaxmi Ispat Pvt Ltd. The Company is engaged in the Metals And Minerals 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 4.00 Cr and a paid-up capital of Rs 3.80 Cr.

The company currently has active open charges totaling ₹50.04 Cr. The company has closed loans amounting to ₹16.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Uttam Gandhi, Abhay Gandhi, Jitendra Gandhi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mhlaxmi.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104PN1993PTC073651

  • Company No.

    073651

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Metals and Minerals

Who are the key members and board of directors at Shri Karvir Nivasini Mahalaxmi Ispat?

Executive Team (1)

NameDesignationAppointment DateStatus
Jitendra Gandhi Country flag representing In Managing Director30-Sep-2004Current

Board Members (4)

NameDesignationAppointment DateStatus
Uttam Gandhi Country flag representing In Director 30-Sep-2004Current
Abhay Gandhi Country flag representing In Whole-Time Director 30-Sep-2004Current
Jayesh Gandhi Country flag representing In Director 01-Apr-2016Current
Abhishek Gandhi Country flag representing In Director 10-Apr-2019Current

Financial Performance of Shri Karvir Nivasini Mahalaxmi Ispat.

Shri Karvir Nivasini Mahalaxmi Ispat Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.89% increase. The company also saw a substantial improvement in profitability, with a 134.32% increase in profit. The company's net worth moved up by a moderate rise of 3.28%.

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
11.89%
Revenue from Operations
12.97%
Total Assets
16.47%
Profit or Loss
134.32%
Net Worth
3.28%
EBITDA
35.21%

What is the Ownership and Shareholding Structure of Shri Karvir Nivasini Mahalaxmi Ispat?

In 2022, Shri Karvir Nivasini Mahalaxmi Ispat 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

₹50.04 Cr

Satisfied Charges

₹16.34 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 46.26 Cr
  • Others : 3.78 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2022Bank Of India₹25.26 CrOpen
02 Nov 2021Bank Of India₹1.50 CrOpen
11 Apr 2016Others₹3.78 CrOpen
15 Sep 2012Bank Of India₹4.50 CrOpen
21 Dec 2001Bank Of India₹15.00 CrOpen

How Many Employees Work at Shri Karvir Nivasini Mahalaxmi Ispat?

Shri Karvir Nivasini Mahalaxmi Ispat has a workforce of 48 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 Shri Karvir Nivasini Mahalaxmi Ispat, 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 Shri Karvir Nivasini Mahalaxmi Ispat'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 Shri Karvir Nivasini Mahalaxmi Ispat

Recent activity within the organization

  • Annual General Meeting

    Shri Karvir Nivasini Mahalaxmi Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 17 May 2024 via Charge ID 100942045 with Bank Of India was fully satisfied on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge registered on 03 Jul 2020 via Charge ID 100369691 with Bank Of India was fully satisfied on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 1.00 Cr with Charge ID 100942045 was registered on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Shri Karvir Nivasini Mahalaxmi Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 4.50 Cr registered on 15 Sep 2012 with Charge ID 10383915 was modified on 28 Jun 2022.

    28 Jun 2022

Frequently asked questions

  • Shri Karvir Nivasini Mahalaxmi Ispat Private Limited was incorporated on 26 Aug 1993.

  • The authorized share capital of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.80 Cr.

  • Currently 5 directors are associated with Shri Karvir Nivasini Mahalaxmi Ispat Private Limited.

    • Uttam Sonmal Gandhi
    • Abhay Sonmal Gandhi
    • Jitendra Pukhraj Gandhi
    • Jayesh Abhay Gandhi
    • Abhishek Jitendra Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited is A-6 Midc Gokul Shirgaon India, Kolhapur, Maharashtra, 416234.

  • The corporate identification number (CIN) of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited is U27104PN1993PTC073651 and the company number is 073651 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited is https://www.mhlaxmi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shri Karvir Nivasini Mahalaxmi Ispat Private Limited has risen by 11.89%.

  • As Per 2022 financial reports, 48 employees are currently employed by Shri Karvir Nivasini Mahalaxmi Ispat Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shri Karvir Nivasini Mahalaxmi Ispat Private Limited has experienced an upsurge of 3.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shri Karvir Nivasini Mahalaxmi Ispat Private Limited amount to ₹ 50.04 Cr.

  • The most recent Balance Sheet for Shri Karvir Nivasini Mahalaxmi Ispat Private Limited was filed with the ROC on 31 Mar 2024.

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