About Karnataka Closures Private Limited
Data last updated:
Karnataka Closures Private Limited is a private limited company based in Manipal, Karnataka, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 02 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA1988PTC009155. Its GSTIN is 29AABCK2798M1ZT (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Raimond Imannel Fernandes (Managing Director) and Anitha Shobha Kiran Fernandez.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 28A Shivalli Industrial Area, Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Lakh (net margin 1%) and EBITDA of ₹4.43 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company is associated with 1 brand: Karnataka Closures. As per MCA filings, the company has open charges of ₹28.02 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karnatakaclosures.com.
Company details
Contact details
Karnataka Closures Private Limited's registered office is in Manipal, Karnataka. Its website is karnatakaclosures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 28A Shivalli Industrial Area, Manipal, Karnataka, India – 576104
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Karnataka Closures 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
Brands
Karnataka Closures operates one associated brand: Karnataka Closures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying Aluminium Pilfer Proof Caps for packaging in Food, Pharmaceuticals, and Beverage sectors. | karnatakaclosures.com |
Financials of Karnataka Closures Private Limited
FY 2025 filings availableKarnataka Closures Private Limited reported revenue of ₹1.96 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 14% fall in the latest year. EBITDA fell 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.43 Lakh | ||||
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| Net Profit (PAT) | ₹1.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Karnataka Closures Private Limited, buy the company report.
Board of directors of Karnataka Closures Private Limited
Karnataka Closures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anitha Shobha Kiran Fernandez | Director | 15 Jan 1998 | 28 Years 9 Months | Current |
| Raimond Imannel Fernandes | Managing Director | 15 Jan 1998 | 28 Years 9 Months | Current |
Peer comparison
Karnataka Closures Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Bottles and Caps), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yuhan Technopac Private Limited | ₹2.07 Cr (FY 2025) | -62.0% | Bengaluru, Karnataka, India | |||
| Guruji Packaging Private Limited | ₹2.06 Cr (FY 2025) | 3.0% | Panchkula, Haryana, India | |||
| Ipack Manufacturers Private Limited | ₹2.01 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Karnataka Closures Private Limitedthis company | ₹1.96 Cr (FY 2025) | ₹1.98 Lakh | 1% | -14.0% | Manipal, Karnataka, India | |
| Sunshine Containers Private Ltd | ₹1.8 Cr (FY 2024) | -28.0% | Baramati, Maharashtra, India |
To see the full peer comparison of Karnataka Closures Private Limited, buy the company report.
Auditor
Karnataka Closures Private Limited is audited by I V SHARMA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I V SHARMA & CO | FY 2020 | 003787S |
Shareholding
The shareholding of Karnataka Closures Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karnataka Closures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2010 | 10206312 | Canara Bank | ₹5.5 Lakh | Open | |
| 03 Jun 2008 | 10107639 | Canara Bank | ₹1.27 Lakh | Open | |
| 10 Jun 2006 | 10008178 | Canara Bank | ₹1.25 Lakh | Open | |
| 03 Sep 1999 | 80060983 | Canara Bank | ₹20 Lakh | Open |
To see the full charge records of Karnataka Closures Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Karnataka Closures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Karnataka Closures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karnataka Closures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnataka Closures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK2798M1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karnataka Closures Private Limited, buy the company report.
Recent activity
Karnataka Closures Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Anitha Shobha Kiran Fernandez was appointed as Director on 15 Jan 1998.
Frequently asked questions
Karnataka Closures is an active private limited company based in Manipal, Karnataka, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 02 June 1988 (38+ years old) and is registered under CIN U36999KA1988PTC009155.
Karnataka Closures has 2 current directors:
- Raimond Imannel Fernandes - Managing Director
- Anitha Shobha Kiran Fernandez - Director
The latest financial statements of Karnataka Closures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karnataka Closures is 29AABCK2798M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Karnataka Closures is U36999KA1988PTC009155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Closures has 1 court case on record: 1 filed against it.
Karnataka Closures was incorporated on 02 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Karnataka Closures by revenue are Yuhan Technopac Private Limited, Guruji Packaging Private Limited, Ipack Manufacturers Private Limited, Sunshine Containers Private Ltd, all in the Packaging industry (Bottles and Caps), with the same principal business activity (metal and metal products).
Anitha Shobha Kiran Fernandez was appointed as Director on 15 Jan 1998. Raimond Imannel Fernandes was appointed as Managing Director on 15 Jan 1998.
Karnataka Closures can be reached through the website karnatakaclosures.com. Its registered office is in Manipal, Karnataka, India.
The registered office of Karnataka Closures is at Plot No 28A Shivalli Industrial Area, Manipal, Karnataka, India – 576104.
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