Karnani Finance Enterprise Ltd - Company Profile

It is a real estate and construction public limited company based in Kolkata, West Bengal, India, established in 1919.

1919 Kolkata, West Bengal, India Active

Last Updated: January 12, 2026

About Karnani Finance Enterprise Ltd

Karnani Finance Enterprise Ltd, a active public limited company, was established on 26 September 1919 in Kolkata, West Bengal, India. Engaging in real estate builders & developers within the real estate and construction sector, it holds CIN: U65999WB1919PLC003399. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹2.40 M and a paid-up capital of ₹2.40 M.

It upholds a compliant status. Its leadership includes Hemen Doshi (Director), Tejash Doshi (Director), Ami Doshi (Director Appointed In Casual Vacancy). Past directors included Salil Kumar Mukherjee, Suman Kumar Panja, Shibnath Mazumdar. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4 Netaji Subhas Chandra Bose Road Tollygunge, Kolkata, West Bengal, 700040.

Company Details

CIN/LLPIN
U65999WB1919PLC003399
Registration Number
003399
Incorporation Date
26 September 1919
Authorized Capital
₹2.40 M
Paid-Up Capital
₹2.40 M
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.40 M as on 12-01-2026
Paid Up Capital ₹ 2.40 M as on 12-01-2026
Company Age 106 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 17.48% (FY 2020)
Profit Growth **** -938.52% (FY 2020)
Ebitda **** -628.53% (FY 2020)
Net Worth -111.13% (FY 2020)
Total Assets -58.46% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Karnani Finance Enterprise Ltd — 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 Karnani Finance Enterprise Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Hemen Doshi	Director	16 Sep 2015	Current
Tejash Doshi	Director	23 Apr 2009	Current
Ami Doshi	Director Appointed In Casual Vacancy	12 Jun 2017	Current
Pradip Tusnial	Director	16 Sep 2015	Current
Sanjeev Bubna	Director	16 Sep 2015	Current
Rashmi Bubna	Director	16 Sep 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	16 Sep 2015	Past
Pramod Abcsdd	Director	30 Sep 2013	Past
Pramod Abcsdd	Director	30 Sep 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Director	13 Jun 2015	Past
Pramod Abcsdd	Director	12 Jun 2017	Past

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Financial Performance of Karnani Finance Enterprise.

Karnani Finance Enterprise Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 17.48% increase. The company also saw a substantial fall in profitability, with a 938.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 111.13%.

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

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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

********

17.48%

*******

Revenue from Operations

*******

2.22%

*******

Total Assets

*******

-58.46%

*******

Profit or Loss

*******

-938.52%

*******

Net Worth

*******

-111.13%

*******

EBITDA

*******

-628.53%

*******

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What is the Ownership and Shareholding Structure of Karnani Finance Enterprise?

In 2018, Karnani Finance Enterprise had a promoter holding of 66.29% and a public holding of 33.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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How Many Employees Work at Karnani Finance Enterprise?

Unlock and access historical data on people associated with Karnani Finance Enterprise, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Karnani Finance Enterprise, 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 Karnani Finance Enterprise's trajectory.

Rating

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

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 Karnani Finance Enterprise

Recent Activity within the Organization

Annual General Meeting

Karnani Finance Enterprise Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Balance Sheet

Karnani Finance Enterprise Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Ami Doshi was appointed as a Director appointed in casual vacancy was appointed as a Director appointed in casual vacancy on 12 Jun 2017 & has been associated with this company since 8 years 8 months . was documented.
12 Jun 2017
Director Appointment

The activity Hemen Doshi was appointed as a Director was appointed as a Director on 16 Sep 2015 & has been associated with this company since 10 years 5 months . was completed.
16 Sep 2015
Director Appointment

The activity Pradip Tusnial was appointed as a Director was appointed as a Director on 16 Sep 2015 & has been associated with this company since 10 years 5 months . was completed.
16 Sep 2015
Director Appointment

The activity Sanjeev Bubna was appointed as a Director was appointed as a Director on 16 Sep 2015 & has been associated with this company since 10 years 5 months . was completed.
16 Sep 2015

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Frequently Asked Questions

What is the CIN of Karnani Finance Enterprise Ltd?

The CIN of Karnani Finance Enterprise Ltd is U65999WB1919PLC003399.

Where is Karnani Finance Enterprise Ltd headquartered?

Karnani Finance Enterprise Ltd is headquartered at 4 Netaji Subhas Chandra Bose Road Tollygunge, Kolkata, West Bengal, 700040.

When was Karnani Finance Enterprise Ltd incorporated?

Karnani Finance Enterprise Ltd was incorporated on 26 September 1919.

Who are the current directors of Karnani Finance Enterprise Ltd?

The current directors of Karnani Finance Enterprise Ltd are

What is the primary industry of Karnani Finance Enterprise Ltd?

The primary industry of Karnani Finance Enterprise Ltd is Real Estate And Construction.

Is Karnani Finance Enterprise Ltd a listed company?

Karnani Finance Enterprise Ltd is unlisted.

What is the capital structure of Karnani Finance Enterprise Ltd?

The authorized capital of Karnani Finance Enterprise Ltd is ₹2.40 M, and the paid-up capital is ₹2.40 M.

What is the compliance status of Karnani Finance Enterprise Ltd?

The compliance status of Karnani Finance Enterprise Ltd is Compliant.

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