Karkera Needz Private Limited
About Karkera Needz Private Limited
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Karkera Needz Private Limited was a private limited company based in Vapi, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 May 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1995PTC026061.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Karkera Finance Private Limited and Karkera Needz Limited. It was led by directors Ghanshyam Vithaldas Karkera and Rahul Ghanshyam Karkera.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Shraddha Plotno.1209/H – II Chanodcolony G.I.D.C., Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2018, the company reported a revenue of ₹21,370, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹11,071 (net margin 51.8%) and EBITDA of ₹2,307 (EBITDA margin 10.8%).
As per MCA filings, the company had satisfied charges of ₹1.2 Cr on record.
Company details
Name history
Karkera Needz has undergone 2 name changes throughout its history. The company was previously known as Karkera Finance Private Limited, and Karkera Needz Limited. The current legal name is Karkera Needz Private Limited.
| Company Name | Status |
|---|---|
| Karkera Needz Private Limited | Current |
| Karkera Finance Private Limited | Previous |
| Karkera Needz Limited | Previous |
CIN history
Karkera Needz has one previous CIN (Corporate Identification Number): U65910GJ1995PLC026061. The current CIN is U65910GJ1995PTC026061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910GJ1995PTC026061 | Current |
| U65910GJ1995PLC026061 | Previous |
Contact details
Karkera Needz Private Limited's registered office is in Vapi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShraddha Plotno.1209/H – II Chanodcolony G.I.D.C., Vapi, Gujarat, India – 396195
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Karkera Needz 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
Financials of Karkera Needz Private Limited
FY 2021 filings availableKarkera Needz Private Limited reported revenue of ₹21,370 (up 34% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA fell 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹21,370 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2,307 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹11,071 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.8% | |||
| Net Profit Margin | 51.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Karkera Needz Private Limited, buy the company report.
Board of directors of Karkera Needz Private Limited
Karkera Needz has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Vithaldas Karkera Also directs: Everest Kanto Cylinder Limited | Director | 01 Dec 2001 | 24 Years 11 Months | As last reported |
| Rahul Ghanshyam Karkera | Director | 02 Dec 2002 | 23 Years 11 Months | As last reported |
Auditor
Karkera Needz Private Limited is audited by MANOJ SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SHAH & CO | FY 2018 | 106036W |
Shareholding
The shareholding of Karkera Needz Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karkera Needz Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2005 | 90104356 | State Bank of India | ₹60 Lakh | Satisfied | |
| 14 Oct 2004 | 90105434 | State Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Karkera Needz Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Karkera Needz Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karkera Needz 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 Karkera Needz Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karkera Needz Private Limited has 7 board changes on record since 2001: 2 appointments and 5 cessations. The latest: Nisha Ghanshyam Karkera ceased to be Director on 08 Feb 2022.
2 earlier events are in the company report.
Frequently asked questions
Karkera Needz has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Karkera Needz was a private limited company based in Vapi, Gujarat, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 May 1995 and is registered under CIN U65910GJ1995PTC026061. The company has been struck off by the Registrar of Companies and is no longer operational.
Karkera Needz had 2 directors:
- Ghanshyam Vithaldas Karkera - Director
- Rahul Ghanshyam Karkera - Director
The CIN (Corporate Identification Number) of Karkera Needz is U65910GJ1995PTC026061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karkera Needz is at Shraddha Plotno.1209H – II Chanodcolony G.I.D.C., Vapi, Gujarat, India – 396195.
Karkera Needz was incorporated on 25 May 1995. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Karkera Needz on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
Karkera Needz operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Nisha Ghanshyam Karkera ceased to be Director on 08 Feb 2022. Rahul Ghanshyam Karkera ceased to be Director on 06 Mar 2020. Hemlata Uday Marballi ceased to be Director on 20 Dec 2011. Karkera Needz has 7 board changes on record in total.
Karkera Needz has no open charges and satisfied charges of ₹1.2 Cr as per latest MCA filings.
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