Karan-City Automobiles Private Limited
About Karan-City Automobiles Private Limited
Data last updated:
Karan-City Automobiles Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U50101CT2004PTC016636. Its GSTIN is 22AACCK3929M1ZF (Chattisgarh).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹56.31 Lakh. It is led by directors Tarachand Mandhan and Prashant Mandhan.
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 Near Philips Godown, Ring Road No. 1 Raipura, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹111.77 Cr. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1%) and EBITDA of ₹7.15 Cr (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹77.58 Cr and satisfied charges of ₹7.52 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karan-City Automobiles Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Philips Godown, Ring Road No. 1 Raipura, Chhattisgarh, India – 492001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Karan-City Automobiles 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-City Automobiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Karan-City Automobiles Private Limited, buy the company report.
Financials of Karan-City Automobiles Private Limited
FY 2024 filings availableKaran-City Automobiles Private Limited reported revenue of ₹111.77 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.15 Cr | ||||
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| Net Profit (PAT) | ₹1.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Karan-City Automobiles Private Limited, buy the company report.
Board of directors of Karan-City Automobiles Private Limited
Karan-City Automobiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarachand Mandhan Also directs: Shubh Mandhan Automotive Private Limited | Director | 24 May 2004 | 22 Years 5 Months | Current |
| Prashant Mandhan Also directs: Shubh Mandhan Automotive Private Limited, Intara Cars Private Limited, Intara Ventures Private Limited and 1 more | Director | 24 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Karan-City Automobiles Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhuvan Wheels Private Limited | ₹112.31 Cr (FY 2025) | 7.0% | Aurangabad, Maharashtra, India | |||
| City Motors Pvt Ltd | ₹111.97 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Icon Cars Kanpur Private Limited | ₹111.91 Cr (FY 2025) | 17.0% | Kanpur, Uttar Pradesh, India | |||
| Karan-City Automobiles Private Limitedthis company | ₹111.77 Cr (FY 2024) | ₹1.11 Cr | 1% | Raipur, Chhattisgarh, India | ||
| SB Cars Private Limited | ₹111.68 Cr (FY 2025) | 16.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Karan-City Automobiles Private Limited, buy the company report.
Auditor
Karan-City Automobiles Private Limited is audited by S K TANWANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K TANWANI & CO. | FY 2023 | 005304C |
Shareholding
The shareholding of Karan-City Automobiles 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karan-City Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101049054 | Axis Bank Limited | ₹40 Lakh | Open | |
| 31 Jul 2023 | 100762459 | Others | ₹34.24 Lakh | Open | |
| 31 Jul 2023 | 100762458 | Others | ₹16.47 Lakh | Open | |
| 11 Mar 2023 | 100701663 | Others | ₹5.5 Cr | Open | |
| 16 Oct 2022 | 100656877 | Others | ₹1.2 Cr | Open |
To see the full charge records of Karan-City Automobiles Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Karan-City Automobiles Private Limited has 3 court cases on record: 2 filed by Karan-City Automobiles, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Revision petition | Filed by the company against an individual | Disposed |
| District court, Durg, Chhattisgarh | Court case (N I) | Filed by the company against an individual | Disposed |
To see the full case history of Karan-City Automobiles 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-City Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karan-City Automobiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCK3929M1ZF | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karan-City Automobiles Private Limited, buy the company report.
Recent activity
Karan-City Automobiles Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Prashant Mandhan was appointed as Director on 24 May 2004.
20 earlier events are in the company report.
Frequently asked questions
Karan-City Automobiles is an active private limited company based in Raipur, Chhattisgarh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 May 2004 (22+ years old) and is registered under CIN U50101CT2004PTC016636.
Karan-City Automobiles has 2 current directors:
- Tarachand Mandhan - Director
- Prashant Mandhan - Director
The latest financial statements of Karan-City Automobiles 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-City Automobiles is 22AACCK3929M1ZF, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Karan-City Automobiles is U50101CT2004PTC016636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan-City Automobiles has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Karan-City Automobiles was incorporated on 24 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Karan-City Automobiles by revenue are Bhuvan Wheels Private Limited, City Motors Pvt Ltd, Icon Cars Kanpur Private Limited, SB Cars Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Prashant Mandhan was appointed as Director on 24 May 2004. Tarachand Mandhan was appointed as Director on 24 May 2004.
The registered office of Karan-City Automobiles is at Near Philips Godown, Ring Road No. 1 Raipura, Chhattisgarh, India – 492001.
Karan-City Automobiles operates in the automotive industry, in the auto dealership and trading segment.
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