MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-12-0004570
Karam Safety Private Limited - manufacturing in Sitarganj, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹426.07 Cr
▲ 43% YoY
Net profit · FY 2025
₹58.32 Cr
Net margin 13.7%
EBITDA · FY 2025
₹100.45 Cr
EBITDA margin 23.6%
Authorised capital
₹266 Cr
Registered with MCA
Paid-up capital
₹180.25 Cr
Issued & subscribed
Open charges
₹342.26 Cr
Satisfied ₹41.17 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
2,155
Provident fund records
About Karam Safety Private Limited
Data last updated:
Karam Safety Private Limited is a private limited company based in Sitarganj, Uttarakhand, India. It operates in the security products segment of the manufacturing sector. It was incorporated on 20 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U31904UR2021PTC012333. Its GSTIN is 05AAICK7703P1Z3 (Uttarakhand). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹266 Cr and a paid-up capital of ₹180.25 Cr. It was formerly known as Karam Safety Pvt. Ltd. It is led by directors including Hemant Sapra (Whole-Time Director) and Rajesh Nigam.
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 C – 35A Phase – III Eldeco Sidcul, Sitarganj, Uttarakhand, India – 262405.
As per the financials filed for FY 2025, the company reported a revenue of ₹426.07 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹58.32 Cr (net margin 13.7%) and EBITDA of ₹100.45 Cr (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 2,155 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KARAM. As per MCA filings, the company has open charges of ₹342.26 Cr and satisfied charges of ₹41.17 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 6 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹720 Cr; the latest was in September 2026. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 244 overdue payments to 47 micro and small suppliers.
Karam Safety Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0004570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karam.in.
Company details
CIN U31904UR2021PTC012333
Registration Number 012333
Incorporation Date 20 April 2021
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-12-0004570
Recognitions & Rankings of Karam Safety
Contact details
Karam Safety Private Limited's registered office is in Sitarganj, Uttarakhand. Its website is karam.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 35A Phase – III Eldeco Sidcul, Sitarganj, Uttarakhand, India – 262405
- IndustryManufacturing, Security Products
To see the full contact details of Karam Safety Private Limited, buy the company report.
Comprehensive company report
Karam Safety 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
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Business activity
The main business activity of Karam Safety is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Karam Safety Private Limited, buy the company report.
Financials of Karam Safety Private Limited
FY 2025 filings availableKaram Safety Private Limited reported revenue of ₹426.07 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹426.07 Cr ▲ 43%
Net profit · FY 2025
₹58.32 Cr margin 13.7%
EBITDA · FY 2025
₹100.45 Cr margin 23.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 43% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹426.07 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹100.45 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹58.32 Cr | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23.6% | |||
| Net Profit Margin | 13.7% | |||
| 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 Karam Safety Private Limited, buy the company report.
Board of directors of Karam Safety Private Limited
Karam Safety has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Nigam | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Vishal Nigam | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Ajit Sapra Also directs: Krest Horizon LLP | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Hemant Sapra Also directs: SN Trustees LLP, Juno Castings Private Limited, PN Safetech Private Limited and 1 more | Whole-Time Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Krithivasan Sivakumar | Director | 13 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Karam Safety Private Limited is audited by T R CHADHA & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO. LLP | FY 2025 | 006711N/N50008 |
Shareholding
The shareholding of Karam Safety Private Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karam Safety Private Limited, buy the company report.
Charges & borrowings
Open charges
₹342.26 Cr
Satisfied charges
₹41.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2026 | 101225011 | Citi Bank N.A. | ₹17.74 Cr | Open | |
| 08 Jan 2026 | 101225006 | Citi Bank N.A. | ₹26.61 Cr | Open | |
| 08 Jan 2026 | 101225017 | Citi Bank N.A. | ₹31.05 Cr | Open | |
| 08 Jan 2026 | 101225027 | Citi Bank N.A. | ₹13.31 Cr | Open | |
| 13 Nov 2025 | 101190929 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open |
To see the full charge records of Karam Safety Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Karam Safety Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹720 Cr; the latest was in September 2026.
Total deals
2
Funding rounds
2
Disclosed funding
₹720 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Funding round | ₹600 Cr | Investors: Motilal Oswal Private Equity |
| Dec 2025 | Funding round | ₹120 Cr | Investors: Karam Nigam Family Private Trust, Sapra Family Private Trust, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karam Safety Private Limited has 9 court cases on record: 2 filed by Karam Safety, 7 filed against it. 6 cases are pending and 3 are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Pending
6
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Midas Safety Private Ltd Rep by Ramanujam | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Sure Safety India Ltd and 16 others | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax Hari Mohan Bhatia | Pending |
To see the full case history of Karam Safety 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.
Credit ratings & regulatory alerts
Karam Safety Private Limited was last rated by Crisil on 25 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Oct 2019 |
To see the full credit ratings and regulatory alerts of Karam Safety Private Limited, buy the company report.
MSME payment delays
Karam Safety Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 244 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Asija & Associates LLP | |||
| Jumbo Logistics Group | |||
| D and V Logistiek Private Limited | |||
| Delhi Modi Transport Co. |
To see the full MSME payment records of Karam Safety Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Karam Safety Private Limited has a workforce of 2,155 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
2,155
Active EPFO establishments
1
Employee growth
-1.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2,155 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Karam Safety Private Limited, buy the company report.
GST
Karam Safety has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAICK7703P1Z3 | Uttarakhand | Active | 20 Apr 2021 |
| 33AAICK7703P1Z4 | Tamil Nadu | Active | 20 Apr 2021 |
| 27AAICK7703P1ZX | Maharashtra | Active | 11 May 2021 |
| 29AAICK7703P1ZT | Karnataka | Active | 21 May 2021 |
To see the full GST registrations and return filing status of Karam Safety Private Limited, buy the company report.
Recent activity
Karam Safety Private Limited has 20 board changes on record since 2021: 14 appointments and 6 cessations. The latest: Krithivasan Sivakumar was appointed as Director on 13 Sep 2025.
Charges
A charge with Citi Bank N.A. of Rs. 17.74 Cr registered on 08 Jan 2026 with Charge ID 101225011 was modified on 02 Feb 2026.
Charges
A charge with Citi Bank N.A. of Rs. 26.61 Cr registered on 08 Jan 2026 with Charge ID 101225006 was modified on 02 Feb 2026.
Charges
A charge with Citi Bank N.A. of Rs. 31.05 Cr registered on 08 Jan 2026 with Charge ID 101225017 was modified on 02 Feb 2026.
Charges
A charge with Citi Bank N.A. of Rs. 13.31 Cr registered on 08 Jan 2026 with Charge ID 101225027 was modified on 02 Feb 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 17.74 Cr with Charge ID 101225011 was registered on 08 Jan 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 26.61 Cr with Charge ID 101225006 was registered on 08 Jan 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 31.05 Cr with Charge ID 101225017 was registered on 08 Jan 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 13.31 Cr with Charge ID 101225027 was registered on 08 Jan 2026.
Charges
A charge with Citi Bank N.A. of Rs. 50.00 Cr registered on 13 Jul 2025 with Charge ID 101132524 was modified on 08 Jan 2026.
Charges
A charge registered on 18 Aug 2020 via Charge ID 100362458 with Others was fully satisfied on 29 Dec 2025.
Charges
A charge registered on 23 Jan 2023 via Charge ID 100677371 with Hdfc Bank Limited was fully satisfied on 20 Dec 2025.
Charges
A charge registered on 09 Sep 2022 via Charge ID 100616163 with Hdfc Bank Limited was fully satisfied on 20 Dec 2025.
49 earlier events are in the company report.
News
Frequently asked questions
Karam Safety is an active private limited company based in Sitarganj, Uttarakhand, India. The company works in security products, within the manufacturing industry. It was incorporated on 20 April 2021 (5+ years old) and is registered under CIN U31904UR2021PTC012333.
Karam Safety has 5 current directors:
- Hemant Sapra - Whole-Time Director
- Rajesh Nigam - Director
- Vishal Nigam - Director
- Ajit Sapra - Director
- Krithivasan Sivakumar - Director
The latest financial statements of Karam Safety 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 FY 2022 are in the company report.
The GSTIN of Karam Safety is 05AAICK7703P1Z3, registered in Uttarakhand. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 33AAICK7703P1Z4 (Tamil Nadu), 27AAICK7703P1ZX (Maharashtra), 29AAICK7703P1ZT (Karnataka).
The CIN (Corporate Identification Number) of Karam Safety is U31904UR2021PTC012333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karam Safety has 9 court cases on record: 2 filed by the company and 7 filed against it. 6 are pending. Most are in the district courts.
Karam Safety was incorporated on 20 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttarakhand.
Karam Safety has 2 deals on record (2 funding rounds), with disclosed funding of ₹720 Cr; the latest was in September 2026.
Krithivasan Sivakumar was appointed as Director on 13 Sep 2025. Pudukkaraipudur Srinivasan Balaji ceased to be Additional Director on 29 Sep 2024. Saarthak Dhawan ceased to be Additional Director on 29 Sep 2024. Karam Safety has 20 board changes on record in total.
Yes, Karam Safety is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-12-0004570).
Karam Safety has 7 MSME Form 1 returns on record between 2021 and 2024, listing 244 overdue payments to 47 micro and small suppliers. The latest return was filed on 25 Apr 2024.
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