Karma Land & Infrastructure Development Company Private Limited
About Karma Land & Infrastructure Development Company Private Limited
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Karma Land & Infrastructure Development Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165944. Its GSTIN is 27AACCK9519M1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ashok Khemchand Kothari and Rajendrakumar Khemchand Kothari.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C.S.No. 2/50 Industrial Estate Chiwada Gulli Lalbaug, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.64 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹17,447 (net margin -3.8%) and EBITDA of ₹21,769 (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 66% over five years.
As per MCA filings, the company has open charges of ₹171.86 Cr and satisfied charges of ₹39.5 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karma Land & Infrastructure Development Company Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC.S.No. 2/50 Industrial Estate Chiwada Gulli Lalbaug, Mumbai, Maharashtra, India – 400012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karma Land & Infrastructure Development Company 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
Business activity
The main business activity of Karma Land & Infrastructure Development Company is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Karma Land & Infrastructure Development Company Private Limited
FY 2022 filings availableKarma Land & Infrastructure Development Company Private Limited reported revenue of ₹4.64 Lakh (down 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 1% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.64 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21,769 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17,447 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | -3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Karma Land & Infrastructure Development Company Private Limited, buy the company report.
Board of directors of Karma Land & Infrastructure Development Company Private Limited
Karma Land & Infrastructure Development Company has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Khemchand Kothari Also directs: Rak Buildmart LLP, Bridgeview Real Estate Development LLP, Suryodaya Ventures LLP and 5 more | Director | 04 Dec 2006 | 19 Years 11 Months | Current |
| Rajendrakumar Khemchand Kothari Also directs: Rak Buildmart LLP, Bridgeview Real Estate Development LLP, Suryodaya Ventures LLP and 5 more | Director | 28 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Karma Land & Infrastructure Development Company Private Limited is audited by BHATTER & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHATTER & ASSOCIATES | FY 2022 | 131411W |
Shareholding
The shareholding of Karma Land & Infrastructure Development Company Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karma Land & Infrastructure Development Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2025 | 101240033 | Others | ₹171.86 Cr | Open | |
| 14 Sep 2015 | 10596050 | A. K. Capital Finance Private Limited | ₹7.5 Cr | Satisfied | |
| 28 May 2015 | 10575900 | A. K. Capital Finance Private Limited | ₹32 Cr | Satisfied |
To see the full charge records of Karma Land & Infrastructure Development Company Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Karma Land & Infrastructure Development Company Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by JM Financial Credit Solutions Limited Through Nilesh Singh | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by J M Financial Credit Solutions Ltd | Disposed |
To see the full case history of Karma Land & Infrastructure Development Company 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 Karma Land & Infrastructure Development Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karma Land & Infrastructure Development Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK9519M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karma Land & Infrastructure Development Company Private Limited, buy the company report.
Recent activity
Karma Land & Infrastructure Development Company Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Laxminarayan Shivdayal Maheshwari ceased to be Manager on 21 Nov 2024.
4 earlier events are in the company report.
Frequently asked questions
Karma Land & Infrastructure Development Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 December 2006 (20+ years old) and is registered under CIN U45201MH2006PTC165944.
Karma Land & Infrastructure Development Company has 2 current directors:
- Ashok Khemchand Kothari - Director
- Rajendrakumar Khemchand Kothari - Director
The latest financial statements of Karma Land & Infrastructure Development Company on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Karma Land & Infrastructure Development Company is 27AACCK9519M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karma Land & Infrastructure Development Company is U45201MH2006PTC165944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Land & Infrastructure Development Company has 3 court cases on record: 3 filed against it. 1 is pending.
Karma Land & Infrastructure Development Company was incorporated on 04 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxminarayan Shivdayal Maheshwari ceased to be Manager on 21 Nov 2024. Devang Hemantkumar Vyas ceased to be Additional Director on 20 Jun 2022. Hemant Bhanushankar Vyas ceased to be Director on 23 Apr 2015. Karma Land & Infrastructure Development Company has 8 board changes on record in total.
The registered office of Karma Land & Infrastructure Development Company is at C.S.No. 250 Industrial Estate Chiwada Gulli Lalbaug, Mumbai, Maharashtra, India – 400012.
Karma Land & Infrastructure Development Company operates in the real estate and construction industry, in the real estate builders and developers segment.
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