About Karan Realtech Private Limited
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Karan Realtech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2011PTC221239.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karan Sawhney and Mukesh Sawhney.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at G.F. Wz – 276 G – Block Hari Nagar, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.42 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹50.01 Lakh (net margin -35.2%) and EBITDA of -₹33.16 Lakh (EBITDA margin -23.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has open charges of ₹1.4 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karanrealtech.com.
Company details
Contact details
Karan Realtech Private Limited's registered office is in New Delhi, Delhi. Its website is karanrealtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG.F. Wz – 276 G – Block Hari Nagar, New Delhi, Delhi, India – 110058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karan Realtech 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 Karan Realtech is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Karan Realtech Private Limited, buy the company report.
Financials of Karan Realtech Private Limited
FY 2019 filings availableKaran Realtech Private Limited reported revenue of ₹1.42 Cr (up 57% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 46% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.42 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹33.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.3% | ||||
| Net Profit Margin | -35.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Karan Realtech Private Limited, buy the company report.
Board of directors of Karan Realtech Private Limited
Karan Realtech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Sawhney | Director | 22 Jun 2011 | 15 Years 4 Months | Current |
| Mukesh Sawhney | Director | 22 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Karan Realtech Private Limited is audited by D D NAGPAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D D NAGPAL & CO | FY 2019 | 006413N |
Shareholding
The shareholding of Karan Realtech Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karan Realtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2020 | 100368493 | Others | ₹10 Lakh | Open | |
| 20 Jan 2017 | 100077231 | Others | ₹1.3 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Karan Realtech Private Limited has 4 court cases on record: 2 filed by Karan Realtech, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed by the company against M/S KMJ Land Developers India Ltd. | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by KMJ Land Developers India Ltd | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by M/S KMJ Land Developeres India Ltd | Pending |
| High Court of Delhi | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax ,Circle 13 (1), Delhi. | Disposed |
To see the full case history of Karan Realtech 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 Karan Realtech 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 Karan Realtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karan Realtech Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Mahander Singh ceased to be Director on 16 Aug 2014.
Frequently asked questions
Karan Realtech is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 June 2011 (15+ years old) and is registered under CIN U45400DL2011PTC221239.
Karan Realtech has 2 current directors:
- Karan Sawhney - Director
- Mukesh Sawhney - Director
The latest financial statements of Karan Realtech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Karan Realtech is U45400DL2011PTC221239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan Realtech has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Karan Realtech was incorporated on 22 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Mahander Singh ceased to be Director on 16 Aug 2014. Karan Sawhney was appointed as Director on 22 Jun 2011. Mukesh Sawhney was appointed as Director on 22 Jun 2011.
Karan Realtech can be reached through the website karanrealtech.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Karan Realtech is at G.F. Wz – 276 G – Block Hari Nagar, New Delhi, Delhi, India – 110058.
Karan Realtech operates in the real estate and construction industry, in the real estate builders and developers segment.