Karnavati Finance Limited, a active public limited company, was established on 05 December 1984 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: L65910MH1984PLC034724. Registered under ROC Roc Mumbai. it is listed on BSE: 538928. It has an authorized capital of ₹10.50 Cr and a paid-up capital of ₹10.05 Cr.
Formerly known as Karnavati Finance & Leasing Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2.85 Cr and a net worth of ₹13.58 Cr. Its leadership includes Jay Ramanbhai Morzaria (Managing Director), Raman Pragjibhai Morzaria (Whole-Time Director), Birmda Minoobhai Bilimoria (Director). Past directors included Jay Ramanbhai Morzaria, Rajesh Ramankant Lodaya, Nitixa Bharatkumar Ramanuj. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at Vraj Group, 2Nd Floor, Simran Centre, Mogra Village, 30H Parsi Panchayat Road, Andheri East, Mumbai, Maharashtra, 400053.
L65910MH1984PLC034724
034724
05 December 1984
₹10.50 Cr
₹10.05 Cr
Roc Mumbai
Listed (BSE: 538928)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jay Ramanbhai Morzaria | Managing Director | 15 Sep 2010 | Current |
| Raman Pragjibhai Morzaria | Whole-Time Director | 29 Sep 2001 | Current |
| Birmda Minoobhai Bilimoria | Director | 13 Aug 2018 | Current |
| Ashish Nandkishor Batavia | Director | 05 Jun 2023 | Current |
| Vineshkumar Popatlal Makadia | Director | 16 Jan 2021 | Current |
| Parth Chandreshbhai Maniar | Director | 20 Sep 2018 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 01 Jul 2014 | Past |
| Pramod Abcsdd | Director | 03 Jul 2014 | Past |
| Pramod Abcsdd | Company Secretary | 05 Oct 2020 | Past |
| Pramod Abcsdd | Director | 13 Apr 2016 | Past |
| Pramod Abcsdd | Director | 01 Jul 2014 | Past |
| Pramod Abcsdd | Director | 06 Nov 2008 | Past |
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Karnavati Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.03% increase. The company also saw a substantial improvement in profitability, with a 85.1% increase in profit. The company's net worth moved up by a moderate rise of 4.31%.
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In 2023, Karnavati Finance had a promoter holding of 58.64% and a public holding of 41.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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There are no open charges registered against the company as per our records.
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Progress on Karnavati Finance Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was documented.
Progress on Karnavati Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
Ashish Nandkishor Batavia was appointed as a Director was appointed as a Director on 05 Jun 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.
Vineshkumar Popatlal Makadia was appointed as a Director was appointed as a Director on 16 Jan 2021 & has been associated with this company since 4 years 10 months . was recorded as a recent event.
Progress on Akanksha Rai was appointed as a Company Secretary was appointed as a Company Secretary on 05 Oct 2020 & has been associated with this company since 5 years 1 month . was documented.
The activity Parth Chandreshbhai Maniar was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 2 months . was completed.
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The CIN of Karnavati Finance Limited is L65910MH1984PLC034724.
Karnavati Finance Limited is headquartered at Vraj Group, 2Nd Floor, Simran Centre, Mogra Village, 30H Parsi Panchayat Road, Andheri East, Mumbai, Maharashtra, 400053.
Karnavati Finance Limited was incorporated on 05 December 1984.
The current directors of Karnavati Finance Limited are
The primary industry of Karnavati Finance Limited is Financial And Insurance Service.
Karnavati Finance Limited is listed. It is listed on BSE: 538928.
The authorized capital of Karnavati Finance Limited is ₹10.50 Cr, and the paid-up capital is ₹10.05 Cr.
The compliance status of Karnavati Finance Limited is Compliant.
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