About Karigari Sarees Private Limited
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Karigari Sarees Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 11 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB2005PTC102704. Its GSTIN is 19AACCK5579M1ZS (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.2 Lakh. It is led by directors Kaushik Poddar and Babita Poddar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 111 Park, Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.74 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Lakh (net margin -2.7%) and EBITDA of ₹70,972 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 104% over three years and 15% over five years.
The company is associated with 1 brand: Karagiri. As per MCA filings, the company has open charges of ₹26 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 3 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 karagiri.com.
Company details
Contact details
Karigari Sarees Private Limited's registered office is in Kolkata, West Bengal. Its website is karagiri.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address111 Park Street, Shree Tower Ground Floor, Kolkata, West Bengal, India – 700016
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Karigari Sarees 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
Brands
Karigari Sarees operates one associated brand: Karagiri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand offering ethnic wear for women | karagiri.com |
Business activity
The main business activity of Karigari Sarees 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 Karigari Sarees Private Limited, buy the company report.
Financials of Karigari Sarees Private Limited
FY 2024 filings availableKarigari Sarees Private Limited reported revenue of ₹63.74 Lakh (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 25% fall in the latest year. EBITDA fell 41% 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 | ₹70,972 | ||||
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| Net Profit (PAT) | -₹1.69 Lakh | ||||
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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 | 1.1% | ||||
| Net Profit Margin | -2.7% | ||||
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To see the full financial statements and ratios of Karigari Sarees Private Limited, buy the company report.
Board of directors of Karigari Sarees Private Limited
Karigari Sarees has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Poddar | Director | 09 Dec 2017 | 8 Years 10 Months | Current |
| Babita Poddar | Director | 11 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Karigari Sarees Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees), 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 |
|---|---|---|---|---|---|---|
| Hamilton Poles Manufacturing Co Ltd | ₹64.16 Lakh (FY 2025) | 63.0% | Kolkata, West Bengal, India | |||
| Karigari Sarees Private Limitedthis company | ₹63.74 Lakh (FY 2024) | -₹1.69 Lakh | -2.7% | -25.0% | Kolkata, West Bengal, India | |
| Leelaram Exports Private Limited | ₹63.49 Lakh (FY 2016) | -39.0% | Delhi, India | |||
| Adi Fashion House Private Limited | ₹63.42 Lakh (FY 2025) | -14.0% | Lucknow, Uttar Pradesh, India | |||
| Invictus Fashions Private Limited | ₹63.3 Lakh (FY 2024) | 10117.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Karigari Sarees Private Limited, buy the company report.
Auditor
Karigari Sarees Private Limited is audited by Sanjay Khandelwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Khandelwal & Co. | FY 2023 | 323311E |
Shareholding
The shareholding of Karigari Sarees 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 Karigari Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2019 | 100297040 | Others | ₹26 Lakh | Open |
To see the full charge records of Karigari Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Karigari Sarees Private Limited has 3 court cases on record: 1 filed by Karigari Sarees, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against HDB Financial Services Ltd. and 1 other | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Employees State Insurance Corporation | Pending |
To see the full case history of Karigari Sarees 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 Karigari Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karigari Sarees has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCK5579M1ZS | West Bengal | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Karigari Sarees Private Limited, buy the company report.
Recent activity
Karigari Sarees Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Sanjay Kumar Poddar ceased to be Director on 15 Dec 2017.
News
Frequently asked questions
Karigari Sarees is an active private limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 11 April 2005 (21+ years old) and is registered under CIN U17299WB2005PTC102704.
Karigari Sarees has 2 current directors:
- Kaushik Poddar - Director
- Babita Poddar - Director
The latest financial statements of Karigari Sarees on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karigari Sarees is 19AACCK5579M1ZS, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karigari Sarees is U17299WB2005PTC102704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karigari Sarees has 3 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending.
Karigari Sarees was incorporated on 11 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Karigari Sarees by revenue are Hamilton Poles Manufacturing Co Ltd, Leelaram Exports Private Limited, Adi Fashion House Private Limited, Invictus Fashions Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (retail trading).
Sanjay Kumar Poddar ceased to be Director on 15 Dec 2017. Kaushik Poddar was appointed as Director on 09 Dec 2017. Shreya Poddar ceased to be Director on 01 Aug 2007. Karigari Sarees has 4 board changes on record in total.
Karigari Sarees can be reached through the website karagiri.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Karigari Sarees is at 111 Park Street, Shree Tower Ground Floor, Kolkata, West Bengal, India – 700016.
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