Karma Music Limited Company Logo

Karma Music Limited - Company Profile

It is a media and publishing public limited company based in Mumbai, Maharashtra, India, established in 1999.

1999 | Mumbai, Maharashtra, India | Active
Last Updated:

About Karma Music Limited

Karma Music Limited, a active public limited company, was established on 28 April 1999 in Mumbai, Maharashtra, India. Engaging in film & digital content production within the arts, entertainment and recreation sector, it holds CIN: U51395MH1999PLC119630. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.50 M.

Formerly known as Vale Entertainment Limited. It upholds a compliant status. Its leadership includes Usha Jogani (Director), Rahil Kiran Jogani (Director), Ramesh Hastimal Bafna (Director). Past directors included Kiran Bhanwarlal Jogani, Vijaykumar Jain, Rahil Kiran Jogani. It holds ₹9.55 M open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 30/G, Gr Floor, Heera Panna Shopping Centre Haji Ali Circle, B. D. Road, Cumballa Hi, Ll, Mumbai, Maharashtra, 400026.

Company Details

  • CIN/LLPIN

    U51395MH1999PLC119630

  • Registration Number

    119630

  • Incorporation Date

    28 April 1999

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.55 M
  • Revenue Growth -84.66%
  • Profit Growth -714.33%
  • Ebitda -140.47%
  • Net Worth -169.19%
  • Total Assets -43.42%
Company report

Karma Music Limited

Company Report FY 2025-2026

Explore comprehensive insights into Karma Music 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 Music Limited?

Current Directors

NameDesignationAppointment DateStatus
Usha JoganiDirector07 Sep 2015Current
Rahil Kiran JoganiDirector23 Apr 2018Current
Ramesh Hastimal BafnaDirector07 Sep 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Apr 2018Past
Pramod AbcsddDirector07 Sep 2015Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector23 Aug 2015Past

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Financial Performance of Karma Music.

Karma Music Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 84.66% decrease. The company also saw a substantial fall in profitability, with a 714.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 169.19%.

Karma Music revenue growth over time
Karma Music profit and loss trends over time
  • 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
-84.66%
Revenue from Operations
-84.08%
Total Assets
-43.42%
Profit or Loss
-714.33%
Net Worth
-169.19%
EBITDA
-140.47%

What is the Ownership and Shareholding Structure of Karma Music?

In 2020, Karma Music had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹9,550,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.90 Cr
  • Canara Bank : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2002Union Bank Of India₹0.50 MOpen
24 Jul 2000Union Bank Of India₹8.50 MOpen
30 May 2000Canara Bank₹0.55 MOpen

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How Many Employees Work at Karma Music?

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

Employee growth trends for Karma Music Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karma Music, 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 Music'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.

Latest Updates, News, and FAQs on Karma Music

Recent Activity within the Organization

  • Annual General Meeting

    Karma Music Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Karma Music Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Rahil Kiran Jogani was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 7 years 8 months . was documented.

  • Director Appointment

    Usha Jogani was appointed as a Director was appointed as a Director on 07 Sep 2015 & has been associated with this company since 10 years 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ramesh Hastimal Bafna was appointed as a Director was appointed as a Director on 07 Sep 2015 & has been associated with this company since 10 years 3 months . was documented.

  • Charges

    Progress on A charge with Union Bank Of India of Rs. 8.50 M registered on 24 Jul 2000 with Charge ID 90142966 was modified on 04 May 2010. was documented.

Frequently Asked Questions

  • What is the CIN of Karma Music Limited?

    The CIN of Karma Music Limited is U51395MH1999PLC119630.

  • Where is Karma Music Limited headquartered?

    Karma Music Limited is headquartered at 30/G, Gr Floor, Heera Panna Shopping Centre Haji Ali Circle, B. D. Road, Cumballa Hi, Ll, Mumbai, Maharashtra, 400026.

  • When was Karma Music Limited incorporated?

    Karma Music Limited was incorporated on 28 April 1999.

  • Who are the current directors of Karma Music Limited?

    The current directors of Karma Music Limited are

  • What is the primary industry of Karma Music Limited?

    The primary industry of Karma Music Limited is Arts, Entertainment And Recreation.

  • Is Karma Music Limited a listed company?

    Karma Music Limited is unlisted.

  • What is the capital structure of Karma Music Limited?

    The authorized capital of Karma Music Limited is ₹2.50 M, and the paid-up capital is ₹0.50 M.

  • What is the compliance status of Karma Music Limited?

    The compliance status of Karma Music Limited is Compliant.

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