Karshney Developers Private Limited
About Karshney Developers Private Limited
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Karshney Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India. 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 August 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2004PTC148245.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ajay Kumar Garg and Gaurav Garg.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 417 Makerv Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2015, the company reported a revenue of ₹14,000, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹4,717 (net margin 33.7%) and EBITDA of -₹8,173 (EBITDA margin -58.4%).
Court records list 8 cases involving the company, including 8 filed against it.
Company details
Contact details
Karshney Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address417 Makerv Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karshney Developers 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 Karshney Developers Private Limited
FY 2022 filings availableKarshney Developers Private Limited reported revenue of ₹14,000 (up 17% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹14,000 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹8,173 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4,717 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -58.4% |
| Net Profit Margin | 33.7% |
| 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 Karshney Developers Private Limited, buy the company report.
Board of directors of Karshney Developers Private Limited
Karshney Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Garg Also directs: Nd Tuscan Realtors LLP, N D Metal Industries Limited, Matsun Casting Private Limited and 5 more | Director | 10 Oct 2014 | 12 Years 1 Months | As last reported |
| Gaurav Garg Also directs: N D Metal Industries Limited, Matsun Casting Private Limited, Ani Developers Private Limited and 5 more | Director | 04 Dec 2006 | 19 Years 11 Months | As last reported |
Auditor
Karshney Developers Private Limited is audited by RAVINDRA TIWARI & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA TIWARI & ASSOCIATES | FY 2015 | 134778W |
Shareholding
The shareholding of Karshney Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karshney Developers Private Limited, buy the company report.
Legal cases
Karshney Developers Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Ani Developers Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Budhrani Housing Developers Pvt. Ltd.6 | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Mapusa Goa Enterprises, | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Krishna Organisors and Builders Pvt Ltd | Disposed |
To see the full case history of Karshney Developers 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 Karshney Developers 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 Karshney Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karshney Developers Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Ajay Kumar Garg was appointed as Director on 10 Oct 2014.
Frequently asked questions
Karshney Developers 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.
Karshney Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 August 2004 and is registered under CIN U45200MH2004PTC148245. The company has been struck off by the Registrar of Companies and is no longer operational.
Karshney Developers had 2 directors:
- Ajay Kumar Garg - Director
- Gaurav Garg - Director
The CIN (Corporate Identification Number) of Karshney Developers is U45200MH2004PTC148245. 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 Karshney Developers is at 417 Makerv Nariman Point, Mumbai, Maharashtra, India – 400021.
Karshney Developers was incorporated on 26 August 2004. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Karshney Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Karshney Developers operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Karshney Developers has 8 court cases on record: 8 filed against it.
Ajay Kumar Garg was appointed as Director on 10 Oct 2014. Ajay Kumar Garg ceased to be Additional Director on 10 Oct 2014. Rahul Ramesh Shah ceased to be Director on 10 Oct 2014. Karshney Developers has 4 board changes on record in total.
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