Karma Steels Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Active
Last Updated:
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About Karma Steels Private Limited

Karma Steels Private Limited, a active private limited company, was established on 08 January 1988 in Mumbai, Maharashtra, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U27108MH1988PTC045814. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Kirtikumar Satyavrat Kamdar (Director), Meena Kirtikumar Kamdar (Director), Karan Kirtikumar Kamdar (Additional Director). It holds ₹6.70 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 502, Satya Sadan, Bhimani Street, Matunga (E),, Mumbai, Maharashtra, 400019.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U27108MH1988PTC045814

  • Registration Number

    045814

  • Incorporation Date

    08 January 1988

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 6.70 M
  • Revenue Growth **** 11.01%
  • Profit Growth **** 105.59%
  • Ebitda **** 69.80%
  • Net Worth 3.96%
  • Total Assets -0.87%
Company report

Karma Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karma Steels Private 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 Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Kirtikumar Satyavrat Kamdar Director 08 Jan 1988 Current
Meena Kirtikumar Kamdar Director 08 Jan 1988 Current
Karan Kirtikumar Kamdar Additional Director 10 Jun 2025 Current

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Financial Performance of Karma Steels.

Karma Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.01% increase. The company also saw a substantial improvement in profitability, with a 105.59% increase in profit. The company's net worth moved up by a moderate rise of 3.96%.

Karma Steels revenue growth over time
Karma Steels 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
********
 11.01%
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*******
*******
*******
Revenue from Operations
*******
 10.92%
*******
*******
*******
*******
Total Assets
*******
 -0.87%
*******
*******
*******
*******
Profit or Loss
*******
 105.59%
*******
*******
*******
*******
Net Worth
*******
 3.96%
*******
*******
*******
*******
EBITDA
*******
 69.80%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karma Steels?

In 2023, Karma Steels had a public holding of 32.00%. 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

₹6,700,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.67 Cr
Latest Charge Details
Date Lender Amount Status
30 May 2020 Bank Of India ₹0.70 M Open
08 Nov 2004 Bank Of India ₹6.00 M Open

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How Many Employees Work at Karma Steels?

Unlock and access historical data on people associated with Karma Steels, 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 Steels, 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 Steels'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 Steels
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Karma Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Bank Of India of Rs. 6.00 M registered on 08 Nov 2004 with Charge ID 80033595 was modified on 22 Aug 2025. was completed.

  • Director Appointment

    The activity Karan Kirtikumar Kamdar was appointed as a Additional Director was appointed as a Additional Director on 10 Jun 2025 & has been associated with this company since 9 months 3 days . was completed.

  • Balance Sheet

    The activity Karma Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 0.70 M with Charge ID 100394224 was registered on 30 May 2020. was documented.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 6.00 M with Charge ID 80033595 was registered on 08 Nov 2004. was completed.

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Frequently Asked Questions
What is the CIN of Karma Steels Private Limited?

The CIN of Karma Steels Private Limited is U27108MH1988PTC045814.

Where is Karma Steels Private Limited headquartered?

Karma Steels Private Limited is headquartered at 502, Satya Sadan, Bhimani Street, Matunga (E),, Mumbai, Maharashtra, 400019.

When was Karma Steels Private Limited incorporated?

Karma Steels Private Limited was incorporated on 08 January 1988.

Who are the current directors of Karma Steels Private Limited?

The current directors of Karma Steels Private Limited are

What is the primary industry of Karma Steels Private Limited?

The primary industry of Karma Steels Private Limited is Manufacturing.

Is Karma Steels Private Limited a listed company?

Karma Steels Private Limited is unlisted.

What is the capital structure of Karma Steels Private Limited?

The authorized capital of Karma Steels Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Karma Steels Private Limited?

The compliance status of Karma Steels Private Limited is Compliant.

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