About Karma Steels Private Limited
Data last updated: 29 December 2025
Karma Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 08 January 1988, the company has been in operation for over 38 years.
Registered with ROC Mumbai under CIN U27108MH1988PTC045814.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kirtikumar Satyavrat Kamdar and Meena Kirtikumar Kamdar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 502 Satya Sadan Bhimani Street Matunga (E), Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a growth of 124% compared to the previous year.
The company is associated with 1 brand - Karma Steels. As per MCA filings, the company has open charges of ₹67 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmasteels.com.
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Registered Address502 Satya Sadan Bhimani Street Matunga (E), Mumbai, Maharashtra, India – 400019
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IndustryMachinery and Equipment, Industrial Tools & Components
- 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
Associated Brands with Karma Steels Private Limited
Karma Steels Private Limited operates one associated brand: Karma Steels. These brands represent Karma Steels Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Custom forgings manufacturing for industrial sectors is undertaken by Karma Steels in India. | karmasteels.com |
Business Activity of Karma Steels Private Limited
Karma Steels Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | Locked |
Business activity turnover details for Karma Steels Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Karma Steels Private Limited
Karma Steels Private Limited is audited by Hitesh H. Damania & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hitesh H. Damania & Co. | Locked | Locked | Locked |
Complete auditor history for Karma Steels Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Karma Steels Private Limited
Karma Steels Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirtikumar Satyavrat Kamdar | Director | 08 Jan 1988 | 38 Years 8 Months | Current |
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Meena Kirtikumar Kamdar
Also directs:
1 Martian Way Industries Private Limited
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Director | 08 Jan 1988 | 38 Years 8 Months | Current |
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Karan Kirtikumar Kamdar
Also directs:
1 Martian Way Industries Private Limited
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Additional Director | 10 Jun 2025 | 1 Years 2 Months | Current |
Financials of Karma Steels Private Limited FY 2025 filings available
Karma Steels Private Limited reported revenue of ₹2.11 Cr (up 124.00% YoY) for FY 2025.
Ten-year financial statements for Karma Steels Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Karma Steels Private Limited
Shareholding and ownership data for Karma Steels Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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- FII and DII holdings
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Charges & Borrowings of Karma Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2020 | Bank of India | ₹7 Lakh | Open |
| 08 Nov 2004 | Bank of India | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Karma Steels Private Limited
View historical data on people associated with Karma Steels Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Karma Steels Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Karma Steels Private Limited
GST registrations and filing compliance for Karma Steels Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Karma Steels Private Limited
Credit ratings, litigation, and regulatory alerts for Karma Steels Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Karma Steels Private Limited
MSME payment history for Karma Steels Private 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
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Subsidiaries & Group Companies of Karma Steels Private Limited
Corporate group structure for Karma Steels Private Limited
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- Parent company
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MCA Filings & Documents of Karma Steels Private Limited
MCA filings and documents for Karma Steels Private 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 Steels Private Limited
Frequently Asked Questions about Karma Steels Private Limited
Karma Steels Private Limited is an active private limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 08 January 1988 (38+ years old) and is registered under CIN U27108MH1988PTC045814.
Karma Steels Private Limited reported revenue of ₹2.11 Cr for FY 2025 (up 124.00% YoY).
The current directors of Karma Steels Private Limited are:
- Kirtikumar Satyavrat Kamdar - Director
- Meena Kirtikumar Kamdar - Director
- Karan Kirtikumar Kamdar - Additional Director
The primary industry of Karma Steels Private Limited is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.
Karma Steels Private Limited can be reached at the registered office: 502 Satya Sadan Bhimani Street Matunga E, Mumbai, Maharashtra, India – 400019, or through the website karmasteels.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹10 Lakh.