Karma & Wealth Private Limited
Financial services company offering brokerage and securities/commodity services since 1993 in Mumbai.
1993 | Mumbai, Maharashtra (India) | Active
Karma & Wealth Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.50 M
- Company Age 32 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 1218.30%
- Profit Growth 502.67%
- Ebitda -61.13%
- Net Worth 8.11%
- Total Assets 10.99%
About Karma & Wealth
Karma & Wealth Private Limited (KWPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 1993 and has a history of 32 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.50 M, as per Ministry of Corporate Affairs (MCA) records.
Nagesh Shetty, Meenakshi Shetty, and Mayur Shetty serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51900MH1993PTC070360
- Company No.
070360
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jan 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Karma & Wealth Private Limited
Explore comprehensive data for Karma & Wealth Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karma & Wealth?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagesh Shetty  | Director | 06-Sep-2016 | Current |
| Meenakshi Shetty | Director | 07-Jan-1993 | Current |
| Mayur Shetty | Director | 30-Nov-2013 | Current |
Financial Performance of Karma & Wealth.
Karma & Wealth Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 1218.3% increase. The company also saw a substantial improvement in profitability, with a 502.67% increase in profit. The company's net worth moved up by a moderate rise of 8.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Karma & Wealth?
In 2017, Karma & Wealth had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Blue Park Hotel Private Limited
Nagesh Shetty is a mutual person
- Saburi Investments Private Limited
Meenakshi Shetty is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karma & Wealth?
Unlock and access historical data on people associated with Karma & Wealth, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karma & Wealth, 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 & Wealth's trajectory.
Rating
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Alerts
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 & Wealth
Recent activity within the organization
- Annual General Meeting
Karma & Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Karma & Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Nagesh Ponkara Shetty was appointed as a Director was appointed as a Director on 06 Sep 2016 & has been associated with this company since 8 years 9 months .
- Director Appointment
Mayur Nagesh Shetty was appointed as a Director was appointed as a Director on 30 Nov 2013 & has been associated with this company since 11 years 6 months .
- Director Appointment
Meenakshi Nagesh Shetty was appointed as a Director was appointed as a Director on 07 Jan 1993 & has been associated with this company since 32 years 5 months .
- Company Incorporation
Karma & Wealth Private Limited was registered on 07 Jan 1993 with Roc Mumbai & aged 32 years 5 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Karma & Wealth Private Limited?
Karma & Wealth Private Limited was incorporated on 07 Jan 1993.
What is authorized share capital and paid-up capital of Karma & Wealth Private Limited?
The authorized share capital of Karma & Wealth Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.
Who are the current board members & directors of Karma & Wealth Private Limited?
Currently 3 directors are associated with Karma & Wealth Private Limited.
- Nagesh Ponkara Shetty
- Meenakshi Nagesh Shetty
- Mayur Nagesh Shetty
What is the registered address of Karma & Wealth Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karma & Wealth Private Limited is 503 Manu Chs Ltd. Near Seven Bunglows Versova 7 Bunglow Garden, India, Mumbai, Maharashtra, 400061.
What is the corporate identification number (CIN) and company number of Karma & Wealth Private Limited?
The corporate identification number (CIN) of Karma & Wealth Private Limited is U51900MH1993PTC070360 and the company number is 070360 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Karma & Wealth Private Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Karma & Wealth Private Limited has risen by 1218.30%.
What change has been observed in the net worth of Karma & Wealth Private Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Karma & Wealth Private Limited has experienced an upsurge of 8.11%.
When was the last Balance Sheet of Karma & Wealth Private Limited filed with the ROC?
The most recent Balance Sheet for Karma & Wealth Private Limited was filed with the ROC on 31 Mar 2024.
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