MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-08-0001126
Karan Polymers Private Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.03 Cr
▼ 44% YoY
Net loss · FY 2025
₹63.81 Lakh
Net margin -1.2%
EBITDA · FY 2025
₹3.82 Cr
EBITDA margin 7.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.86 Cr
Issued & subscribed
Open charges
₹19.06 Cr
Satisfied ₹15.45 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
38
Provident fund records
About Karan Polymers Private Limited
Data last updated:
Karan Polymers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28113WB1997PTC084089. Its GSTIN is 19AABCK3114F1ZX (West Bengal).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.86 Cr. It is led by directors Shyamlal Agarwal and Karan Agarwal.
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 56E Hemantbasusarani Stephenhouse4Thfloor Roomno.57 Abc, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.03 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹63.81 Lakh (net margin -1.2%) and EBITDA of ₹3.82 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.06 Cr and satisfied charges of ₹15.45 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.3 Cr; the latest was in May 2022. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 28 overdue payments to 13 micro and small suppliers.
Karan Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0001126). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karanpolymer.com.
Company details
CIN U28113WB1997PTC084089
Registration Number 084089
Incorporation Date 25 April 1997
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-08-0001126
Key People
Shyamlal Agarwal Director Karan Agarwal Director Recognitions & Rankings of Karan Polymers
Contact details
Karan Polymers Private Limited's registered office is in Kolkata, West Bengal. Its website is karanpolymer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address56E Hemantbasusarani Stephenhouse4Thfloor Roomno.57 Abc, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Karan Polymers Private Limited, buy the company report.
Comprehensive company report
Karan Polymers 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 Karan Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Karan Polymers Private Limited, buy the company report.
Financials of Karan Polymers Private Limited
FY 2024 filings availableKaran Polymers Private Limited reported revenue of ₹52.03 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹52.03 Cr ▼ 44%
Net loss · FY 2025
₹63.81 Lakh margin -1.2%
EBITDA · FY 2025
₹3.82 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 8%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 28%
5 years · compounded
▼ 4%
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 67% 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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| Total Expenses | |||||
| EBITDA | ₹3.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.81 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | -1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Karan Polymers Private Limited, buy the company report.
Board of directors of Karan Polymers Private Limited
Karan Polymers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamlal Agarwal Also directs: Pyramid Vyapaar LLP, Pankaj Plastic Industries Private Limited, Kunal Foundation Private Limited and 3 more | Director | 25 Apr 1997 | 29 Years 5 Months | Current |
| Karan Agarwal Also directs: Malsons Polymers Limited | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Karan Polymers Private Limited is audited by P.K.AGARWALLA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.AGARWALLA & CO. | FY 2022 | 307176E |
Shareholding
The shareholding of Karan Polymers 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karan Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.06 Cr
Satisfied charges
₹15.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2019 | 100285319 | Citi Bank N.A. | ₹2.25 Cr | Open | |
| 02 Jan 2017 | 100076172 | Citi Bank N.A. | ₹1.81 Cr | Open | |
| 07 May 2012 | 10358316 | Citi Bank N.A. | ₹15 Cr | Open | |
| 04 Jan 2016 | 10616814 | Citi Bank N.A. | ₹1.3 Cr | Satisfied | |
| 25 Jan 2013 | 10403373 | Citibank N.A | ₹7.3 Cr | Satisfied |
To see the full charge records of Karan Polymers Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Karan Polymers Private Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.3 Cr; the latest was in May 2022.
Total deals
13
Secondary share transfers
9
Funding rounds
4
Disclosed funding
₹7.3 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kusum Management Services Pvt Ltd , Reliance Finvest Private Limited , an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Doonvally Finance & Leasing Limited, Kavery Trading Holding Private Limited, Oven Commercial Pvt Ltd |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Kunal Foundation Private Limited Seller: Anupam Advisory Pvt.Ltd. , Kokila Exports Pvt.Ltd. , Motorex Finance Pvt Ltd |
| Feb 2011 | Funding round | ₹4.4 Cr | Investors: Kartick Commercial & Financier Private Limited, Artline Finance Private Limited , PG Commercials Pvt.Ltd. |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Kunal Foundation Private Limited , an individual Seller: 4 individuals |
To see the full deal history of Karan Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karan Polymers Private Limited has 7 court cases on record: 6 filed by Karan Polymers, 1 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Jyoti Build Tech Pvt Ltd | Pending |
| Supreme Court | Court case | Filed by the company against The State of West Bengal | Disposed |
| High Court | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax 2 Kolkata | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Jyoti Build Tech Pvt Ltd and 6 others | Disposed |
To see the full case history of Karan Polymers 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
Karan Polymers Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 28 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Golchhashree Polymers & Chemicals LLP | |||
| Kesaria Rubber Industries Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Malsons Polymers Limited |
To see the full MSME payment records of Karan Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Karan Polymers Private Limited has a workforce of 38 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
38
Active EPFO establishments
1
Employee growth
2.7%
GST
Karan Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK3114F1ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karan Polymers Private Limited, buy the company report.
Recent activity
Karan Polymers Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Mal Chand Agarwal ceased to be Director on 30 Jun 2020.
AGM
Karan Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karan Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Citi Bank N.A. of Rs. 15.00 Cr registered on 07 May 2012 with Charge ID 10358316 was modified on 21 Feb 2024.
Ceased
Mal Chand Agarwal ceased to be Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 2.25 Cr with Charge ID 100285319 was registered on 30 Aug 2019.
Charges
A charge registered on 04 Jan 2016 via Charge ID 10616814 with Citi Bank N.A. was fully satisfied on 10 Jun 2019.
Charges
A charge registered on 25 Jan 2013 via Charge ID 10403373 with Citibank N.A was fully satisfied on 10 Jun 2019.
Ceased
Karan Agarwal ceased to be Additional Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 1.81 Cr with Charge ID 100076172 was registered on 02 Jan 2017.
Appointed
Karan Agarwal was appointed as Director.
Charges
A charge with Citi Bank N.A. of Rs. 1.30 Cr registered on 04 Jan 2016 with Charge ID 10616814 was modified on 01 Mar 2016.
Charges
A charge with Citi Bank N.A. amounted to Rs. 1.30 Cr with Charge ID 10616814 was registered on 04 Jan 2016.
20 earlier events are in the company report.
Frequently asked questions
Karan Polymers is an active private limited company based in Kolkata, West Bengal, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 April 1997 (29+ years old) and is registered under CIN U28113WB1997PTC084089.
Karan Polymers has 2 current directors:
- Shyamlal Agarwal - Director
- Karan Agarwal - Director
The latest financial statements of Karan Polymers 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 2015 are in the company report.
The GSTIN of Karan Polymers is 19AABCK3114F1ZX, registered in West Bengal.
The CIN (Corporate Identification Number) of Karan Polymers is U28113WB1997PTC084089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan Polymers has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Karan Polymers was incorporated on 25 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Karan Polymers has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.3 Cr; the latest was in May 2022.
Mal Chand Agarwal ceased to be Director on 30 Jun 2020. Karan Agarwal ceased to be Additional Director on 27 Sep 2017. Karan Agarwal was appointed as Director on 19 Oct 2016. Karan Polymers has 5 board changes on record in total.
Yes, Karan Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-08-0001126).
Karan Polymers has 2 MSME Form 1 returns on record between 2019 and 2022, listing 28 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Apr 2022.