MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0035901
Karnavati Commercial Private Limited
Karnavati Commercial Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.39 Cr
▼ 8% YoY
Net profit · FY 2025
₹1.61 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹2.15 Lakh
EBITDA margin 0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.75 Lakh
Issued & subscribed
Satisfied charges
₹3.25 Cr
No open charges
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Karnavati Commercial Private Limited
Data last updated:
Karnavati Commercial Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51420GJ2004PTC044982. Its GSTIN is 24AACCK4766A1ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.75 Lakh. It is led by directors including Kailashchandra Sakalchand Rameena and Sureshchandra Sankalchandji Rameena.
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.70 Bhagwati Nagar, B/H Steel Yard Weigh Bridge Opp.Kathwada GIDC New Nikol Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.39 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Lakh (net margin 0.1%) and EBITDA of ₹2.15 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹3.25 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Karnavati Commercial Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035901). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51420GJ2004PTC044982
Registration Number 044982
Incorporation Date 03 November 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0035901
Key People
Kailashchandra Sakalchand Rameena Director Sureshchandra Sankalchandji Rameena Director Rameshchandra Sankalchandji Rameena Director Recognitions & Rankings of Karnavati Commercial
Contact details
Karnavati Commercial Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.70 Bhagwati Nagar, B/H Steel Yard Weigh Bridge Opp.Kathwada GIDC New Nikol Ahmedabad, Gujarat, India – 382350
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Karnavati Commercial Private Limited, buy the company report.
Comprehensive company report
Karnavati Commercial Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karnavati Commercial is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Karnavati Commercial Private Limited, buy the company report.
Financials of Karnavati Commercial Private Limited
FY 2025 filings availableKarnavati Commercial Private Limited reported revenue of ₹11.39 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹11.39 Cr ▼ 8%
Net profit · FY 2025
₹1.61 Lakh margin 0.1%
EBITDA · FY 2025
₹2.15 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 7%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 10%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% fall in the latest year. EBITDA fell 58% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.61 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Karnavati Commercial Private Limited, buy the company report.
Board of directors of Karnavati Commercial Private Limited
Karnavati Commercial has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailashchandra Sakalchand Rameena | Director | 03 Nov 2004 | 22 Years 0 Months | Current |
| Sureshchandra Sankalchandji Rameena | Director | 03 Nov 2004 | 22 Years 0 Months | Current |
| Rameshchandra Sankalchandji Rameena Also directs: Sanmit Roofing Solutions Private Limited | Director | 03 Nov 2004 | 22 Years 0 Months | Current |
Peer comparison
Karnavati Commercial Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kali Maa Forge & Fitting Engineering Private Limited | ₹11.49 Cr (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| Tigerish Trading Private Limited | ₹11.45 Cr (FY 2023) | 24.0% | Mumbai, Maharashtra, India | |||
| Karnavati Commercial Private Limitedthis company | ₹11.39 Cr (FY 2025) | ₹1.61 Lakh | 0.1% | -8.0% | Ahmedabad, Gujarat, India | |
| Ispat Associates Private Limited | ₹11.35 Cr (FY 2020) | -26.0% | Baripada, Odisha, India | |||
| Kakda Construction & Manufacturers Pvt Ltd | ₹11.35 Cr (FY 2025) | -69.0% | Bhopal, Madhya Pradesh, India | |||
| Jagdhatri Consultants Private Limited | ₹11.32 Cr (FY 2023) | -22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Karnavati Commercial Private Limited, buy the company report.
Auditor
Karnavati Commercial Private Limited is audited by AMIT O GUPTA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT O GUPTA & CO | FY 2020 | 115186W |
Shareholding
The shareholding of Karnavati Commercial Private Limited is on record for 3 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 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karnavati Commercial Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2014 | 10525503 | Hdfc Bank Limited | ₹3.25 Cr | Satisfied |
To see the full charge records of Karnavati Commercial Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Karnavati Commercial Private Limited has 2 court cases on record: 2 filed by Karnavati Commercial. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against New Harihar Industries- Pursotambhai Damodarbhai Patel | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shri Bhagvti Traders-Sanjaykumar Sanubhai Solanki | Disposed |
To see the full case history of Karnavati Commercial 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 Karnavati Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnavati Commercial has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK4766A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karnavati Commercial Private Limited, buy the company report.
Recent activity
Karnavati Commercial Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Kailashchandra Sakalchand Rameena was appointed as Director on 03 Nov 2004.
AGM
Karnavati Commercial Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karnavati Commercial Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 22 Aug 2014 via Charge ID 10525503 with Hdfc Bank Limited was fully satisfied on 11 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 325.00 Lakh with Charge ID 10525503 was registered on 22 Aug 2014.
Appointed
Kailashchandra Sakalchand Rameena was appointed as Director.
Appointed
Rameshchandra Sankalchandji Rameena was appointed as Director.
Appointed
Sureshchandra Sankalchandji Rameena was appointed as Director.
Incorporation
03 Nov 2004
Karnavati Commercial Private Limited was registered on 03 Nov 2004 with Roc Ahmedabad & aged 22 years 7 days as per MCA records.
Frequently asked questions
Karnavati Commercial is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 November 2004 (22+ years old) and is registered under CIN U51420GJ2004PTC044982.
Karnavati Commercial has 3 current directors:
- Kailashchandra Sakalchand Rameena - Director
- Sureshchandra Sankalchandji Rameena - Director
- Rameshchandra Sankalchandji Rameena - Director
The latest financial statements of Karnavati Commercial 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 Karnavati Commercial is 24AACCK4766A1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karnavati Commercial is U51420GJ2004PTC044982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnavati Commercial has 2 court cases on record: 2 filed by the company.
Karnavati Commercial was incorporated on 03 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Karnavati Commercial by revenue are Kali Maa Forge & Fitting Engineering Private Limited, Tigerish Trading Private Limited, Ispat Associates Private Limited, Kakda Construction & Manufacturers Pvt Ltd, Jagdhatri Consultants Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Kailashchandra Sakalchand Rameena was appointed as Director on 03 Nov 2004. Rameshchandra Sankalchandji Rameena was appointed as Director on 03 Nov 2004. Sureshchandra Sankalchandji Rameena was appointed as Director on 03 Nov 2004.
Yes, Karnavati Commercial is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0035901).
The registered office of Karnavati Commercial is at Plot No.70 Bhagwati Nagar, BH Steel Yard Weigh Bridge Opp.Kathwada GIDC New Nikol Ahmedabad, Gujarat, India – 382350.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages