Karmark Estates Private Limited
About Karmark Estates Private Limited
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Karmark Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 17 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1989PTC051777.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ishna Rishad Byramjee and Mahakhurshid Khushrooh Byramjee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Varma House 1st Floor 17 A.K.Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.13 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.39 Lakh (net margin 47.6%) and EBITDA of ₹4.93 Lakh (EBITDA margin 69.1%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karmark Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVarma House 1st Floor 17 A.K.Nayak Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Karmark Estates 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
Financials of Karmark Estates Private Limited
FY 2024 filings availableKarmark Estates Private Limited reported revenue of ₹7.13 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 5% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.93 Lakh | ||||
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| Net Profit (PAT) | ₹3.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 69.1% | ||||
| Net Profit Margin | 47.6% | ||||
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To see the full financial statements and ratios of Karmark Estates Private Limited, buy the company report.
Board of directors of Karmark Estates Private Limited
Karmark Estates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishna Rishad Byramjee Also directs: Jakari Terminals Private Limited, Aishwarya Credit and Capital Private Limited, KJ Finserv Private Limited and 3 more | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Mahakhurshid Khushrooh Byramjee Also directs: Centrum Capital Limited, Lion Estates Private Limited, Aquarius Estates Private Limited and 5 more | Director | 17 May 1989 | 37 Years 5 Months | Current |
Peer comparison
Karmark Estates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swarnaganga Financiers & Consultants Pvt Ltd | ₹7.17 Lakh (FY 2025) | -13.0% | Kolkata, West Bengal, India | |||
| Ambika Shelters Private Limited | ₹7.17 Lakh (FY 2024) | 13.0% | Agra, Uttar Pradesh, India | |||
| SC Infraventures Private Limited | ₹7.16 Lakh (FY 2020) | -86.0% | Mumbai, Maharashtra, India | |||
| Mason Infrastructure Private Limited | ₹7.16 Lakh (FY 2025) | 231.0% | New Delhi, Delhi, India | |||
| GLJ Textiles Private Limited | ₹7.13 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Karmark Estates Private Limitedthis company | ₹7.13 Lakh (FY 2024) | ₹3.39 Lakh | 47.6% | 5.0% | Mumbai, Maharashtra, India | |
| Nibedita Housing Private Limited | ₹7.13 Lakh (FY 2024) | 13.0% | Purba Medinipur, West Bengal, India | |||
| Noida Fortune Propmart Private Limited | ₹7.11 Lakh (FY 2023) | -96.0% | Noida, Uttar Pradesh, India | |||
| Anamika Marketing Pvt Ltd | ₹7.11 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| S.V Infra Power Hospitality India Private Limited | ₹7.1 Lakh (FY 2025) | -39.0% | Navi Mumbai, Maharashtra, India | |||
| Vikas Infraprojects Private Limited | ₹7.1 Lakh (FY 2022) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Karmark Estates Private Limited, buy the company report.
Auditor
Karmark Estates Private Limited is audited by R.S. Bharucha & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.S. Bharucha & Co. | FY 2022 | 101269W |
Shareholding
The shareholding of Karmark Estates 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Karmark Estates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karmark Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karmark Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karmark Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karmark Estates Private Limited has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Ishna Rishad Byramjee ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Karmark Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 17 May 1989 (37+ years old) and is registered under CIN U70100MH1989PTC051777.
Karmark Estates has 2 current directors:
- Ishna Rishad Byramjee - Director
- Mahakhurshid Khushrooh Byramjee - Director
The latest financial statements of Karmark Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Karmark Estates is U70100MH1989PTC051777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karmark Estates was incorporated on 17 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karmark Estates by revenue are Swarnaganga Financiers & Consultants Pvt Ltd, Ambika Shelters Private Limited, SC Infraventures Private Limited, Mason Infrastructure Private Limited, GLJ Textiles Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Ishna Rishad Byramjee ceased to be Additional Director on 30 Sep 2015. Ishna Rishad Byramjee was appointed as Director on 27 Feb 2015. Rishad Khushrooh Byramjee ceased to be Director on 27 Feb 2015. Karmark Estates has 4 board changes on record in total.
The registered office of Karmark Estates is at Varma House 1st Floor 17 A.K.Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.
Karmark Estates operates in the financial services industry, in the real estate financing segment.
The compliance status of Karmark Estates is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Karmark Estates can be reached at its registered office: Varma House 1st Floor 17 A.K.Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.