About Karma Industries Limited
Data last updated: 14 July 2026
Karma Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in metals retail and distribution, a part of the broader metals and mining sector. Incorporated on 30 August 1977, the company has been in operation for over 49 years.
Registered with ROC Mumbai under CIN L51900MH1977PLC019837. Listed.
Capital: an authorised share capital of ₹33.25 Cr and a paid-up capital of ₹33 Cr. Formerly known as Karma Ispat Limited and Laxmankumar Birla Trading Private Limited. It is led by directors including Shridhar Baliram Jadhav and Rajesh Gunvatrai Mehta.
Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.24 Cr, a growth of 0% compared to the previous year.
The company is associated with 1 brand - Karma Industries. As per MCA filings, the company has open charges of ₹70.5 Cr and satisfied charges of ₹24.79 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website karmaindustriesltd.com.
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Registered AddressRaj Arcade H Wing 1St Floor Off. No.131 Mahavir Nagar Opp. Kamla Vihar Sports Club Kan, Divali (W), Mumbai, Maharashtra, India – 400067
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IndustryMetals and Minerals, Metal Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Karma Industries Limited
Karma Industries Limited has undergone 3 name changes throughout its history. The company was previously known as Karma Ispat Limited, Laxmankumar Birla Trading Private Limited, and Scana Color India Limited. The current legal name is Karma Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Karma Industries Limited | Current |
| Karma Ispat Limited | Previous |
| Laxmankumar Birla Trading Private Limited | Previous |
| Scana Color India Limited | Previous |
CIN History of Karma Industries Limited
Karma Industries Limited has one previous CIN (Corporate Identification Number): U51900MH1977PLC019837. The current CIN is L51900MH1977PLC019837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1977PLC019837 | Current |
| U51900MH1977PLC019837 | Previous |
Associated Brands with Karma Industries Limited
Karma Industries Limited operates one associated brand: Karma Industries. These brands represent Karma Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Blog focused on history of iron and steel related topics | karmaindustriesltd.com |
Auditor Details of Karma Industries Limited
Auditor information for Karma Industries Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Karma Industries Limited
Karma Industries Limited is currently managed by 3 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shridhar Baliram Jadhav
Also directs:
Maharashtra Laminates Limited, Ram Timber And Plywood Manufacturing Co Ltd, Ramply (India) Limited and 5 more
|
Director | 05 Feb 2013 | 13 Years 5 Months | Current |
| Rajesh Gunvatrai Mehta | Managing Director | 13 Sep 2007 | 18 Years 10 Months | Current |
| Chandrakant Bhailal Chitalia | Additional Director | 15 Apr 2020 | 6 Years 3 Months | Current |
Financials of Karma Industries Limited FY 2019 filings available
Karma Industries Limited reported revenue of ₹1.24 Cr for FY 2018.
Ten-year financial statements for Karma Industries Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Karma Industries Limited
Shareholding and ownership data for Karma Industries Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Karma Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2012 | Others | ₹20 Cr | Open |
| 26 Sep 2011 | State Bank of India | ₹35 Cr | Open |
| 03 May 2010 | Union Bank of India | ₹15.5 Cr | Open |
| 08 Apr 2011 | Union Bank of India | ₹5 Cr | Satisfied |
| 13 Jun 2009 | Union Bank of India | ₹18 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Karma Industries Limited
View historical data on people associated with Karma Industries Limited, including employment history and EPFO contributions.
Employee and EPFO history for Karma Industries Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Karma Industries Limited
GST registrations and filing compliance for Karma Industries Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Karma Industries Limited
Credit ratings, litigation, and regulatory alerts for Karma Industries Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Karma Industries Limited
MSME payment history for Karma Industries Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Karma Industries Limited
Corporate group structure for Karma Industries Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Karma Industries Limited
MCA filings and documents for Karma Industries Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Karma Industries Limited
Frequently Asked Questions about Karma Industries Limited
Karma Industries Limited is an active public limited company in the metals and minerals sector based in Mumbai, Maharashtra, India. It was incorporated on 30 August 1977 (49+ years old) and is registered under CIN L51900MH1977PLC019837.
Karma Industries Limited reported revenue of ₹1.24 Cr for FY 2018 (up 0.00% YoY).
The current directors of Karma Industries Limited are:
- Shridhar Baliram Jadhav - Director
- Rajesh Gunvatrai Mehta - Managing Director
- Chandrakant Bhailal Chitalia - Additional Director
The primary industry of Karma Industries Limited is metals and minerals. The company specifically operates in metal retail and distribution. The company is currently active in this sector.
Yes, Karma Industries Limited is a listed company.
Karma Industries Limited can be reached at the registered office: Raj Arcade H Wing 1St Floor Off. No.131 Mahavir Nagar Opp. Kamla Vihar Sports Club Kan, Divali W, Mumbai, Maharashtra, India – 400067, or through the website karmaindustriesltd.com.