Karma Industries Limited, a active public limited company, was established on 30 August 1977 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the metals and minerals sector, it holds CIN: L51900MH1977PLC019837. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹33.25 Cr and a paid-up capital of ₹33.00 Cr.
Formerly known as Karma Ispat Limited, Laxmankumar Birla Trading Private Limited. It upholds a active non-compliant status. In 2018, it reported revenue of ₹1.24 Cr and a net worth of ₹9.87 Cr. Its leadership includes Rajesh Gunvatrai Mehta (Managing Director), Chandrakant Bhailal Chitalia (Additional Director), Shridhar Baliram Jadhav (Director). Past directors included Rajesh Gunvatrai Mehta, Rajendra Harkisondas Modi, Mahesh Ramjibhai Jethva. It holds ₹70.50 Cr open charges and ₹24.79 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Raj Arcade, H Wing, 1St Floor,Off. No.131, Mahavir Nagar, Opp. Kamla Vihar Sports Club, Kan, Divali (W), Mumbai, Maharashtra, 400067.
L51900MH1977PLC019837
019837
30 August 1977
₹33.25 Cr
₹33.00 Cr
Roc Mumbai
Listed
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Gunvatrai Mehta | Managing Director | 13 Sep 2007 | Current |
| Chandrakant Bhailal Chitalia | Additional Director | 15 Apr 2020 | Current |
| Shridhar Baliram Jadhav | Director | 05 Feb 2013 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 05 Nov 2007 | Past |
| Pramod Abcsdd | Director | 13 Sep 2007 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2011 | Past |
| Pramod Abcsdd | Director | 15 Sep 2018 | Past |
| Pramod Abcsdd | Whole-Time Director | 01 Apr 2014 | Past |
| Pramod Abcsdd | Additional Director | 24 Sep 2012 | Past |
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Karma Industries Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 1210.68% increase in profit. The company's net worth moved up by a moderate rise of 9.04%.
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In 2019, Karma Industries had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹705,000,000.00
₹247,873,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2012 | Others | ₹20.00 Cr | Open |
| 26 Sep 2011 | State Bank Of India | ₹35.00 Cr | Open |
| 03 May 2010 | Union Bank Of India | ₹15.50 Cr | Open |
| 08 Apr 2011 | Union Bank Of India | ₹5.00 Cr | Satisfied |
| 13 Jun 2009 | Union Bank Of India | ₹18.00 Cr | Satisfied |
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Progress on A charge with Others of Rs. 20.00 Cr registered on 02 Jan 2012 with Charge ID 10330087 was modified on 10 Jun 2020. was documented.
Chandrakant Bhailal Chitalia was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2020 & has been associated with this company since 5 years 8 months . was recorded as a recent event.
Karma Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.
The activity Karma Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was completed.
Progress on Shridhar Baliram Jadhav was appointed as a Director was appointed as a Director on 05 Feb 2013 & has been associated with this company since 12 years 11 months . was documented.
Progress on A charge registered on 08 Apr 2011 via Charge ID 10279821 with Union Bank Of India was fully satisfied on 21 Mar 2012. was documented.
The CIN of Karma Industries Limited is L51900MH1977PLC019837.
Karma Industries Limited is headquartered at Raj Arcade, H Wing, 1St Floor,Off. No.131, Mahavir Nagar, Opp. Kamla Vihar Sports Club, Kan, Divali (W), Mumbai, Maharashtra, 400067.
Karma Industries Limited was incorporated on 30 August 1977.
The current directors of Karma Industries Limited are
The primary industry of Karma Industries Limited is Metals And Minerals.
Karma Industries Limited is listed.
The authorized capital of Karma Industries Limited is ₹33.25 Cr, and the paid-up capital is ₹33.00 Cr.
The compliance status of Karma Industries Limited is Active Non-Compliant.
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