Karamasad Securities Private Limited
About Karamasad Securities Private Limited
Data last updated:
Karamasad Securities Private Limited was a private limited company based in Karamsad, Gujarat, India, operated as a subsidiary of Millars Machinery Co Pvt Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 16 June 1997.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1997PTC032515.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ashok Chandresekharan Pillai and Ashwin Manubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Karamsad, Gujarat, India – 388325.
Company details
Contact details
Karamasad Securities Private Limited's registered office is in Karamsad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKaramsad, Gujarat, India – 388325
- IndustryFinancial Services, Financial Activities
To see the full contact details of Karamasad Securities Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Karamasad Securities Private Limited
FY 2019 filings availableKaramasad Securities Private Limited reported revenue of ₹413 (down 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over three years, including a 88% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Karamasad Securities Private Limited, buy the company report.
Board of directors of Karamasad Securities Private Limited
Karamasad Securities has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Chandresekharan Pillai Also directs: Skyline Millars Limited, Dietrich Engineering Private Limited | Director | 19 Apr 2002 | 24 Years 6 Months | As last reported |
| Ashwin Manubhai Patel | Director | 03 May 2018 | 8 Years 6 Months | As last reported |
| Chandrakant Patel Talsibhai | Director | 31 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
Karamasad Securities Private Limited is audited by KANTILAL PATEL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANTILAL PATEL & CO. | FY 2017 | 104744W |
Shareholding
The shareholding of Karamasad Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
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| Foreign institutional investors (FII) | ||
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| Others |
To see the full shareholding pattern of Karamasad Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karamasad Securities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karamasad Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karamasad Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karamasad Securities Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Ashwin Manubhai Patel ceased to be Additional Director on 03 Jul 2018.
Frequently asked questions
Karamasad Securities has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Karamasad Securities was a private limited company based in Karamsad, Gujarat, India. The company worked in financial activities, within the financial services industry. It was incorporated on 16 June 1997 and is registered under CIN U67120GJ1997PTC032515. The company has been struck off by the Registrar of Companies and is no longer operational.
Karamasad Securities had 3 directors:
- Ashok Chandresekharan Pillai - Director
- Ashwin Manubhai Patel - Director
- Chandrakant Patel Talsibhai - Director
The CIN (Corporate Identification Number) of Karamasad Securities is U67120GJ1997PTC032515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karamasad Securities is at Karamsad, Gujarat, India – 388325.
Karamasad Securities was incorporated on 16 June 1997. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Karamasad Securities on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Karamasad Securities operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Ashwin Manubhai Patel ceased to be Additional Director on 03 Jul 2018. Chandrakant Patel Talsibhai ceased to be Additional Director on 03 Jul 2018. Ashwin Manubhai Patel was appointed as Director on 03 May 2018. Karamasad Securities has 7 board changes on record in total.
The compliance status of Karamasad Securities is compliant as of 29 August 2026.
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