Karam Apparels Private Limited
About Karam Apparels Private Limited
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Karam Apparels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 02 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18202DL2012PTC235156. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Kuldip Chand and Arindam Sharma.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Rz270/19 Tughlakabad Extn, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹54.41 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹11.32 Lakh (net margin -20.8%) and EBITDA of ₹15.95 Lakh (EBITDA margin 29.3%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹3.23 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Karam Apparels Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressRz270/19 Tughlakabad Extn, New Delhi, Delhi, India – 110019
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Karam Apparels 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
Business activity
The main business activity of Karam Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Karam Apparels Private Limited, buy the company report.
Financials of Karam Apparels Private Limited
FY 2018 filings availableKaram Apparels Private Limited reported revenue of ₹54.41 Lakh (down 66% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 66% fall in the latest year. EBITDA fell 49% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹54.41 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹15.95 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.32 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 29.3% | |||
| Net Profit Margin | -20.8% | |||
| 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 Karam Apparels Private Limited, buy the company report.
Board of directors of Karam Apparels Private Limited
Karam Apparels 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 |
|---|---|---|---|---|
| Arindam Sharma | Additional Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Kuldip Chand | Director | 02 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Karam Apparels Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blessings Apparels Private Limited. | ₹55.32 Lakh (FY 2024) | 0.0% | Tri Nagar, Delhi, India | |||
| Cannac Trends Private Limited | ₹55.15 Lakh (FY 2024) | 222.0% | New Delhi, Delhi, India | |||
| Karam Apparels Private Limitedthis company | ₹54.41 Lakh (FY 2018) | -₹11.32 Lakh | -20.8% | -66.0% | New Delhi, Delhi, India | |
| Ayn Apparel Private Limited | ₹53.36 Lakh (FY 2018) | 4.0% | Mumbai, Maharashtra, India | |||
| Gama Industries Coimbatore Private Limited | ₹52.6 Lakh (FY 2024) | 73.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Karam Apparels Private Limited, buy the company report.
Auditor
Karam Apparels Private Limited is audited by N K SRIVASTAV & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SRIVASTAV & CO | FY 2018 | 026164N |
Shareholding
The shareholding of Karam Apparels Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Karam Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2019 | 100278531 | Others | ₹8 Lakh | Open | |
| 30 Dec 2015 | 100246851 | Others | ₹1.65 Cr | Open | |
| 11 Dec 2014 | 10538970 | State Bank of India | ₹1.5 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Karam Apparels Private Limited has 6 court cases on record: 6 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Zak Global Services Pvt Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by M/A Shatabadi Exports | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Karam Apparels 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 Karam Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karam Apparels 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 Karam Apparels Private Limited, buy the company report.
Recent activity
Karam Apparels Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Sanjay Kumar ceased to be Director on 30 Nov 2018.
1 earlier event is in the company report.
Frequently asked questions
Karam Apparels is an active private limited company based in New Delhi, Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 02 May 2012 (14+ years old) and is registered under CIN U18202DL2012PTC235156.
Karam Apparels has 2 current directors:
- Arindam Sharma - Additional Director
- Kuldip Chand - Director
The latest financial statements of Karam Apparels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Karam Apparels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karam Apparels is U18202DL2012PTC235156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karam Apparels has 6 court cases on record: 6 filed against it. 4 are pending.
Karam Apparels was incorporated on 02 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Karam Apparels by revenue are Blessings Apparels Private Limited, Cannac Trends Private Limited, Ayn Apparel Private Limited, Gama Industries Coimbatore Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Sanjay Kumar ceased to be Director on 30 Nov 2018. Arindam Sharma was appointed as Additional Director on 28 Nov 2018. Digvijay Singh ceased to be Additional Director on 10 Aug 2015. Karam Apparels has 7 board changes on record in total.
The registered office of Karam Apparels is at Rz27019 Tughlakabad Extn, New Delhi, Delhi, India – 110019.
Karam Apparels operates in the fashion and textile industry, in the designer and branded fashion segment.
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