Karan Business Private Limited
About Karan Business Private Limited
Data last updated:
Karan Business Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialised services segment of the trading and commerce sector. It was incorporated on 28 March 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC078745.
The company had an authorised share capital of ₹42 Lakh and a paid-up capital of ₹35.99 Lakh. It was led by directors Gautam Jatia and Vinod Roongta Kumar.
Its last annual general meeting (AGM) was held on 19 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.21 Lakh. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹39,880 (EBITDA margin -32.9%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 43% over five years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹61.6 Lakh; the latest was in March 2018.
Company details
Contact details
Karan Business Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Karan Business 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 Karan Business Private Limited
FY 2020 filings availableKaran Business Private Limited reported revenue of ₹1.21 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years. EBITDA rose 71% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹39,880 | ||||
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| Net Profit (PAT) | -₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -32.9% | ||||
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To see the full financial statements and ratios of Karan Business Private Limited, buy the company report.
Board of directors of Karan Business Private Limited
Karan Business has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Jatia Also directs: Mindwork Games LLP, Kalakari Agriculture Private Limited, Kalakari Cultivation Private Limited and 5 more | Director | 04 Mar 2019 | 7 Years 8 Months | As last reported |
| Vinod Roongta Kumar Also directs: Prestige Vyapaar Limited. | Director | 26 Sep 2017 | 9 Years 1 Months | As last reported |
Auditor
Karan Business Private Limited is audited by R.Kothari & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.Kothari & Co. | FY 2017 | 307069E |
Shareholding
The shareholding of Karan Business 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 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Karan Business Private Limited, buy the company report.
Deals & funding
Karan Business Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹61.6 Lakh; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Pan Emami Cosmed Limited, Epl Securities Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Diwakar Finvest Private Limited , Suraj Finvest Private Limited Seller: Bhanu Vyapaar Private Limited , Suraj Viniyog Private Limited , Prabhakar Viniyog Private Limited |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Pan Emami Cosmed Limited Seller: Neelam Lefin Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Raviraj Viniyog Private Limited , Neelam Lefin Limited , Prabhakar Viniyog Private Limited Seller: Bhanu Vyapaar Private Limited , Toshita Fiscal Services Pvt.Ltd. , 2 individuals |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: Diwakar Viniyog Private Limited , Bhanu Vyapaar Private Limited , Diwakar Finvest Private Limited Seller: DTL Estate Pvt Ltd , DTL Developers Pvt Ltd , Zen Business Pvt Ltd |
To see the full deal history of Karan Business Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karan Business Private Limited has 1 court case on record: 1 filed by Karan Business. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Karan Business Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karan Business 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 Karan Business Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karan Business Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Gautam Jatia ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Karan Business has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Karan Business was a private limited company based in Kolkata, West Bengal, India. The company worked in specialty, within the trading industry. It was incorporated on 28 March 1996 and is registered under CIN U51909WB1996PTC078745. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Karan Business was incorporated on 28 March 1996. It is registered with the Registrar of Companies, Kolkata.
Karan Business had 2 directors:
- Gautam Jatia - Director
- Vinod Roongta Kumar - Director
The CIN (Corporate Identification Number) of Karan Business is U51909WB1996PTC078745. 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 Karan Business is at 687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107.
The latest financial statements of Karan Business on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 19 November 2020. Year-wise statements from 2015 are in the company report.
Karan Business operated in the trading industry, in the specialty segment.
Karan Business has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹61.6 Lakh; the latest was in March 2018.
Karan Business has 1 court case on record: 1 filed by the company.
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