Karnavati Ispat Private Limited
About Karnavati Ispat Private Limited
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Karnavati Ispat Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 02 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2005PTC045405. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.24 Lakh. It was formerly known as Karnavati Ispat Limited. It is led by directors including Baldevbhai Bhavanbhai Patel and Himmatbhai Jadavbhai Dhorajiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 103 Sahjanand Complexopp Bhaikaka Nagar Thaltej Chokadi S G Road, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹11,484, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹7.86 Lakh and EBITDA of -₹7.86 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 70% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karnavati Ispat Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address103 Sahjanand Complexopp Bhaikaka Nagar Thaltej Chokadi S G Road, Ahmedabad, Gujarat, India – 380054
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Karnavati Ispat 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 Karnavati Ispat Private Limited
FY 2025 filings availableKarnavati Ispat Private Limited reported revenue of ₹11,484 (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 6% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.86 Lakh | ||||
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| Net Profit (PAT) | -₹7.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Karnavati Ispat Private Limited, buy the company report.
Board of directors of Karnavati Ispat Private Limited
Karnavati Ispat 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 |
|---|---|---|---|---|
| Baldevbhai Bhavanbhai Patel | Director | 11 Mar 2009 | 17 Years 8 Months | Current |
| Himmatbhai Jadavbhai Dhorajiya | Director | 11 Mar 2009 | 17 Years 8 Months | Current |
| Trikambhai Raghavbhai Patolia | Director | 02 Feb 2005 | 21 Years 9 Months | Current |
Auditor
Karnavati Ispat Private Limited is audited by P.B.NANDOLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.B.NANDOLA & ASSOCIATES | FY 2023 | 130507W |
Shareholding
The shareholding of Karnavati Ispat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karnavati Ispat Private Limited, buy the company report.
Legal cases
Karnavati Ispat Private Limited has 1 court case on record: 1 filed by Karnavati Ispat. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of Karnavati Ispat 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 Karnavati Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnavati Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karnavati Ispat Private Limited, buy the company report.
Recent activity
Karnavati Ispat Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Baldevbhai Bhavanbhai Patel ceased to be Additional Director on 14 Oct 2020.
Frequently asked questions
Karnavati Ispat is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 02 February 2005 (21+ years old) and is registered under CIN U27109GJ2005PTC045405.
Karnavati Ispat has 3 current directors:
- Baldevbhai Bhavanbhai Patel - Director
- Himmatbhai Jadavbhai Dhorajiya - Director
- Trikambhai Raghavbhai Patolia - Director
The latest financial statements of Karnavati Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Karnavati Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karnavati Ispat is U27109GJ2005PTC045405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnavati Ispat has 1 court case on record: 1 filed by the company.
Karnavati Ispat was incorporated on 02 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Baldevbhai Bhavanbhai Patel ceased to be Additional Director on 14 Oct 2020. Himmatbhai Jadavbhai Dhorajiya ceased to be Additional Director on 14 Oct 2020. Parshottambhai Keshavbhai Dhorajiya ceased to be Director on 15 Mar 2009. Karnavati Ispat has 7 board changes on record in total.
The registered office of Karnavati Ispat is at 103 Sahjanand Complexopp Bhaikaka Nagar Thaltej Chokadi S G Road, Ahmedabad, Gujarat, India – 380054.
Karnavati Ispat operates in the metals and minerals industry, in the metal retail and distribution segment.
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