Kareems Spun Silk Limited Company Logo

Kareems Spun Silk Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1990.

1990 | Bangalore, Karnataka, India | Active
Last Updated:

About Kareems Spun Silk Limited

Kareems Spun Silk Limited, a active public limited company, was established on 28 June 1990 in Bangalore, Karnataka, India. Engaging in real estate financing within the manufacturing sector, it holds CIN: U85110KA1990PLC011032. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.47 Cr.

It upholds a active non-compliant status. Its leadership includes Mohammed Faisal (Director), Mohammed Mohsin (Managing Director), Mohammed Faraaz Kareem (Additional Director). Past directors included Mohammed Wajid, Abdul Kareem Abdul Samad. It holds ₹14.75 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at Doddajala Postvia Bettahalsoor Bangalore, Bangalore, Karnataka, 562157.

Company Details

  • CIN/LLPIN

    U85110KA1990PLC011032

  • Registration Number

    011032

  • Incorporation Date

    28 June 1990

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.47 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.47 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.75 Cr
  • Revenue Growth -20.40%
  • Profit Growth -155.77%
  • Ebitda 7.59%
  • Net Worth -0.35%
  • Total Assets 2.61%
Company report

Kareems Spun Silk Limited

Company Report FY 2025-2026

Explore comprehensive insights into Kareems Spun Silk Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Kareems Spun Silk Limited?

Current Directors

NameDesignationAppointment DateStatus
Mohammed FaisalDirector29 Jan 2004Current
Mohammed MohsinManaging Director02 Sep 1995Current
Mohammed Faraaz KareemAdditional Director29 Oct 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Jul 2009Past
Pramod AbcsddDirector07 Sep 2021Past

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Financial Performance of Kareems Spun Silk.

Kareems Spun Silk Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.4% decrease. The company also saw a substantial fall in profitability, with a 155.77% decrease in profit. The company's net worth dipped by a decrease of 0.35%.

Kareems Spun Silk revenue growth over time
Kareems Spun Silk profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-20.40%
Revenue from Operations
Total Assets
2.61%
Profit or Loss
-155.77%
Net Worth
-0.35%
EBITDA
7.59%

What is the Ownership and Shareholding Structure of Kareems Spun Silk?

In 2023, Kareems Spun Silk had a promoter holding of 23.97% and a public holding of 76.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹147,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Industrial Credit & Investment Corporation Of India Ltd. : 7.30 Cr
  • State Bank Of India : 4.20 Cr
  • Industrial Reconstruction Bank Of India : 1.50 Cr
  • Industrial Reconstruction Bank Of India (Irbi) : 1.00 Cr
  • The Industrial Credit & Investment Corporation Of India Ltd : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 1999Industrial Reconstruction Bank Of India₹1.50 CrOpen
05 Jul 1994The Industrial Credit & Investment Corporation Of India Ltd.₹1.40 CrOpen
05 Jun 1994The Industrial Credit & Investment Corporation Of India Ltd.₹1.40 CrOpen
31 Jan 1994State Bank Of India₹4.20 CrOpen
25 May 1993The Industrial Credit & Investment Corporation Of India Ltd.₹2.50 CrOpen

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How Many Employees Work at Kareems Spun Silk?

Kareems Spun Silk has a workforce of 0 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Kareems Spun Silk Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kareems Spun Silk, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kareems Spun Silk's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Kareems Spun Silk

Recent Activity within the Organization

  • Annual General Meeting

    Kareems Spun Silk Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Kareems Spun Silk Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Mohammed Faraaz Kareem was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2021 & has been associated with this company since 4 years 1 month . was recorded as a recent event.

  • Director Appointment

    The activity Mohammed Faisal was appointed as a Director was appointed as a Director on 29 Jan 2004 & has been associated with this company since 21 years 10 months . was completed.

  • Charges

    Progress on A charge with Industrial Reconstruction Bank Of India amounted to Rs. 1.50 Cr with Charge ID 90192146 was registered on 06 Nov 1999. was documented.

  • Director Appointment

    The activity Mohammed Mohsin was appointed as a Managing Director was appointed as a Managing Director on 02 Sep 1995 & has been associated with this company since 30 years 3 months . was completed.

Frequently Asked Questions

  • What is the CIN of Kareems Spun Silk Limited?

    The CIN of Kareems Spun Silk Limited is U85110KA1990PLC011032.

  • Where is Kareems Spun Silk Limited headquartered?

    Kareems Spun Silk Limited is headquartered at Doddajala Postvia Bettahalsoor Bangalore, Bangalore, Karnataka, 562157.

  • When was Kareems Spun Silk Limited incorporated?

    Kareems Spun Silk Limited was incorporated on 28 June 1990.

  • Who are the current directors of Kareems Spun Silk Limited?

    The current directors of Kareems Spun Silk Limited are

  • What is the primary industry of Kareems Spun Silk Limited?

    The primary industry of Kareems Spun Silk Limited is Manufacturing.

  • Is Kareems Spun Silk Limited a listed company?

    Kareems Spun Silk Limited is unlisted.

  • What is the capital structure of Kareems Spun Silk Limited?

    The authorized capital of Kareems Spun Silk Limited is ₹10.00 Cr, and the paid-up capital is ₹6.47 Cr.

  • What is the compliance status of Kareems Spun Silk Limited?

    The compliance status of Kareems Spun Silk Limited is Active Non-Compliant.

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