Karnavati Packaging Private Limited
About Karnavati Packaging Private Limited
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Karnavati Packaging Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 17 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20230GJ1996PTC029359. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Amarben Ramjibhai Desai and Hirabhai Thobhanbhai Desai.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 1 Ashwamegh Ind Estate Opp – Desai Petrol Pump Changodar Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.13 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹6,267 (net margin 0.1%) and EBITDA of ₹7.31 Lakh (EBITDA margin 6.4%).
As per MCA filings, the company has open charges of ₹40 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Karnavati Packaging Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Ashwamegh Ind Estate Opp – Desai Petrol Pump Changodar Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Karnavati Packaging 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
Business activity
The main business activity of Karnavati Packaging is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Karnavati Packaging Private Limited, buy the company report.
Financials of Karnavati Packaging Private Limited
FY 2016 filings availableKarnavati Packaging Private Limited reported revenue of ₹1.13 Cr (down 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.13 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.31 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,267 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.4% | |
| 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 Packaging Private Limited, buy the company report.
Board of directors of Karnavati Packaging Private Limited
Karnavati Packaging has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarben Ramjibhai Desai | Director | 06 Dec 2004 | 21 Years 11 Months | Current |
| Hirabhai Thobhanbhai Desai | Director | 01 Jul 1999 | 27 Years 4 Months | Current |
| Bhikhabhai Karamshibhai Desai | Director | 01 Jul 1999 | 27 Years 4 Months | Current |
| Jayesh Thobhanbhai Desai | Director | 17 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Karnavati Packaging Private Limited is audited by K P LAKHANI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P LAKHANI & CO | FY 2016 | 105529W |
Shareholding
The shareholding of Karnavati Packaging Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Karnavati Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2011 | 10331911 | Kotak Mahindra Bank Limited | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karnavati Packaging 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 Karnavati Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnavati Packaging has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karnavati Packaging Private Limited, buy the company report.
Recent activity
Karnavati Packaging Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Amarben Ramjibhai Desai was appointed as Director on 06 Dec 2004.
Frequently asked questions
Karnavati Packaging is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 17 April 1996 (30+ years old) and is registered under CIN U20230GJ1996PTC029359.
Karnavati Packaging has 4 current directors:
- Amarben Ramjibhai Desai - Director
- Hirabhai Thobhanbhai Desai - Director
- Bhikhabhai Karamshibhai Desai - Director
- Jayesh Thobhanbhai Desai - Director
The latest financial statements of Karnavati Packaging on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Karnavati Packaging has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karnavati Packaging is U20230GJ1996PTC029359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnavati Packaging was incorporated on 17 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amarben Ramjibhai Desai was appointed as Director on 06 Dec 2004. Bhikhabhai Karamshibhai Desai was appointed as Director on 01 Jul 1999. Hirabhai Thobhanbhai Desai was appointed as Director on 01 Jul 1999. Karnavati Packaging has 4 board changes on record in total.
The registered office of Karnavati Packaging is at 1 Ashwamegh Ind Estate Opp – Desai Petrol Pump Changodar Sanand, Ahmedabad, Gujarat, India – 382213.
Karnavati Packaging operates in the packaging industry, in the industrial packaging solutions segment.
Karnavati Packaging has open charges of ₹40 Lakh and no satisfied charges on record as per latest MCA filings.
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