Karma Industries Limited - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1977.
1977 Mumbai, Maharashtra, India Active
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About Karma Industries Limited

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 I. 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.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L51900MH1977PLC019837

  • Registration Number

    019837

  • Incorporation Date

    30 August 1977

  • Authorized Capital

    ₹33.25 Cr

  • Paid-Up Capital

    ₹33.00 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 33.25 Cr
  • Paid Up Capital ₹ 33.00 Cr
  • Company Age 48 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 70.50 Cr
  • Satisfied Charges ₹ 24.79 Cr
  • Revenue Growth **** %
  • Profit Growth **** 1210.68%
  • Ebitda **** 86.92%
  • Net Worth 9.04%
  • Total Assets **** 1.34%
Company report

Karma Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karma Industries 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 Karma Industries Limited?
Current Directors
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
Past Directors
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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Financial Performance of Karma Industries.

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%.

Karma Industries revenue growth over time
Karma Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
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 1.34%
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Profit or Loss
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 1210.68%
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Net Worth
*******
 9.04%
*******
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EBITDA
*******
 86.92%
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*******
*******
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What is the Ownership and Shareholding Structure of Karma Industries?

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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹705,000,000.00

Satisfied Charges

₹247,873,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 35.00 Cr
  • Others : 20.00 Cr
  • Union Bank Of India : 15.50 Cr
Latest Charge Details
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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How Many Employees Work at Karma Industries?

Unlock and access historical data on people associated with Karma Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karma Industries, 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 Karma Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

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Latest Updates, News, and FAQs on Karma Industries
Recent Activity within the Organization
  • Charges

    The activity 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 completed.

  • Director Appointment

    Progress on 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 10 months . was documented.

  • Annual General Meeting

    The activity Karma Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Karma Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I. was recorded as a recent event.

  • Director Appointment

    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 13 years 25 days . was documented.

  • Charges

    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.

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Frequently Asked Questions
What is the CIN of Karma Industries Limited?

The CIN of Karma Industries Limited is L51900MH1977PLC019837.

Where is Karma Industries Limited headquartered?

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.

When was Karma Industries Limited incorporated?

Karma Industries Limited was incorporated on 30 August 1977.

Who are the current directors of Karma Industries Limited?

The current directors of Karma Industries Limited are

What is the primary industry of Karma Industries Limited?

The primary industry of Karma Industries Limited is Metals And Minerals.

Is Karma Industries Limited a listed company?

Karma Industries Limited is listed.

What is the capital structure of Karma Industries Limited?

The authorized capital of Karma Industries Limited is ₹33.25 Cr, and the paid-up capital is ₹33.00 Cr.

What is the compliance status of Karma Industries Limited?

The compliance status of Karma Industries Limited is Active Non-Compliant.

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