MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-03-0012308
Karini Drives Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹6.83 Lakh
▲ 664% YoY
Net loss · FY 2024
₹10.83 Lakh
Net margin -158.4%
EBITDA · FY 2024
-₹10.68 Lakh
EBITDA margin -156.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Karini Drives Private Limited
Data last updated:
Karini Drives Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the manufacturing sector. It was incorporated on 24 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U36996TZ2020PTC033807.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Venkatta Reddy Rajendran Arun Shourie and Srinivasan Shanmuga Priya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sf No.70 D / No.2/648 Pallathu Thottam A G Puthur Irugur, Coimbatore, Tamil Nadu, India – 641103.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.83 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.83 Lakh (net margin -158.4%) and EBITDA of -₹10.68 Lakh (EBITDA margin -156.3%). Revenue has grown at a compounded annual rate (CAGR) of 787% over three years.
Karini Drives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0012308). For more details, the company can be reached via its website karinidrives.com.
Company details
CIN U36996TZ2020PTC033807
Registration Number 033807
Incorporation Date 24 May 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0012308
Key People
Venkatta Reddy Rajendran Arun Shourie Director Srinivasan Shanmuga Priya Additional Director Recognitions & Rankings of Karini Drives
Contact details
Karini Drives Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressSf No.70 D / No.2/648 Pallathu Thottam A G Puthur Irugur, Coimbatore, Tamil Nadu, India – 641103
- IndustryManufacturing, Manufacturing, Other
Comprehensive company report
Karini Drives Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karini Drives is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Karini Drives Private Limited, buy the company report.
Financials of Karini Drives Private Limited
FY 2024 filings availableKarini Drives Private Limited reported revenue of ₹6.83 Lakh (up 664% YoY) for FY 2024.
Revenue · FY 2024
₹6.83 Lakh ▲ 664%
Net loss · FY 2024
₹10.83 Lakh margin -158.4%
EBITDA · FY 2024
-₹10.68 Lakh margin -156.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 664%
3 years · compounded
▲ 787%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 87%
Revenue has grown at a compounded annual rate (CAGR) of 787% over three years, including 664% growth in the latest year. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹10.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.83 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -156.3% | |||
| Net Profit Margin | -158.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Karini Drives Private Limited, buy the company report.
Board of directors of Karini Drives Private Limited
Karini Drives has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatta Reddy Rajendran Arun Shourie | Director | 24 May 2020 | 6 Years 4 Months | Current |
| Srinivasan Shanmuga Priya Also directs: Pasumai Aatral Private Limited | Additional Director | 25 Jan 2023 | 3 Years 8 Months | Current |
Peer comparison
Karini Drives Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Encon Renewable Private Limited | ₹6.88 Lakh (FY 2020) | Vapi, Gujarat, India | ||||
| Vermeer Laundry Innovations India Private Limited | ₹6.86 Lakh (FY 2019) | -84.0% | Ahmedabad, Gujarat, India | |||
| Crystalonics Displays Private Limited | ₹6.86 Lakh (FY 2025) | -48.0% | Hosur, Tamil Nadu, India | |||
| Spottcar Industriess Private Limited | ₹6.85 Lakh (FY 2024) | -6.0% | New Delhi, Delhi, India | |||
| Indian Blowers System Private Limited | ₹6.84 Lakh (FY 2025) | -67.0% | Ghaziabad, Uttar Pradesh, India | |||
| Karini Drives Private Limitedthis company | ₹6.83 Lakh (FY 2024) | -₹10.83 Lakh | -158.4% | 664.0% | Coimbatore, Tamil Nadu, India | |
| Kody Teck Limited | ₹6.81 Lakh (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Knowtech Machines India Private Limited | ₹6.79 Lakh (FY 2020) | -22.0% | Ghaziabad, Uttar Pradesh, India | |||
| Spark Automation Solutions (I) Private Limited | ₹6.78 Lakh (FY 2022) | 196.0% | Medchal, Telangana, India | |||
| Radevo Energy Private Limited | ₹6.78 Lakh (FY 2018) | Delhi, India | ||||
| Shashwat Cables Private Limited | ₹6.78 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Karini Drives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karini Drives 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 Karini Drives 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 Karini Drives Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karini Drives Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ramasamy ceased to be Director on 30 Jan 2023.
AGM
Karini Drives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karini Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Ramasamy ceased to be Director.
Appointed
Srinivasan Shanmuga Priya was appointed as Additional Director.
Appointed
Venkatta Reddy Rajendran Arun Shourie was appointed as Director.
Incorporation
24 May 2020
Karini Drives Private Limited was registered on 24 May 2020 with Roc Coimbatore & aged 6 years 5 months as per MCA records.
Frequently asked questions
Karini Drives is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in the manufacturing industry. It was incorporated on 24 May 2020 (6+ years old) and is registered under CIN U36996TZ2020PTC033807.
Karini Drives has 2 current directors:
- Venkatta Reddy Rajendran Arun Shourie - Director
- Srinivasan Shanmuga Priya - Additional Director
The latest financial statements of Karini Drives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Karini Drives is U36996TZ2020PTC033807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karini Drives was incorporated on 24 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Karini Drives by revenue are Encon Renewable Private Limited, Vermeer Laundry Innovations India Private Limited, Crystalonics Displays Private Limited, Spottcar Industriess Private Limited, Indian Blowers System Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ramasamy ceased to be Director on 30 Jan 2023. Srinivasan Shanmuga Priya was appointed as Additional Director on 25 Jan 2023. Venkatta Reddy Rajendran Arun Shourie was appointed as Director on 24 May 2020.
Yes, Karini Drives is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0012308).
Karini Drives can be reached through the website karinidrives.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Karini Drives is at Sf No.70 D No.2648 Pallathu Thottam A G Puthur Irugur, Coimbatore, Tamil Nadu, India – 641103.
Karini Drives operates in the manufacturing industry.