Karnavati Realty Private Limited
About Karnavati Realty Private Limited
Data last updated:
Karnavati Realty Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 August 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2005PTC046656. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹97.8 Lakh. It was led by directors including Sharad Harlalka and Ritesh Kamalkishore Hada.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 605 Samedh Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.88 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 19.4%) and EBITDA of ₹1.42 Lakh (EBITDA margin 24.1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company had satisfied charges of ₹83.74 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Karnavati Realty Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address605 Samedh Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karnavati Realty 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
Financials of Karnavati Realty Private Limited
FY 2018 filings availableKarnavati Realty Private Limited reported revenue of ₹5.88 Lakh (down 56% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 56% fall in the latest year. EBITDA fell 19% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹1.42 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.14 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.1% | |||
| Net Profit Margin | 19.4% | |||
| 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 Realty Private Limited, buy the company report.
Board of directors of Karnavati Realty Private Limited
Karnavati Realty has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Harlalka Also directs: Kabir Hospitech Private Limited, Abhishva Films & Entertainment LLP, Karta Entertainment LLP and 5 more | Director | 12 Jan 2016 | 10 Years 9 Months | As last reported |
| Ritesh Kamalkishore Hada | Director | 18 Nov 2005 | 20 Years 11 Months | As last reported |
| Maheshbhai Shantilal Patel Also directs: Dakj Estates LLP, Jieshan Affordable Homes Private Limited, Udaipur Leisure Private Limited and 4 more | Director | 24 Aug 2005 | 21 Years 2 Months | As last reported |
Peer comparison
Karnavati Realty Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nahata Bhattar Infrastructure Private Limited | ₹5.89 Lakh (FY 2025) | -66.0% | Sibsagar, Assam, India | |||
| Hemkunt Infratech Private Limited | ₹5.89 Lakh (FY 2024) | -83.0% | Gurugram, Haryana, India | |||
| Vibhagini Homes Private Limited | ₹5.89 Lakh (FY 2024) | 271.0% | Chennai, Tamil Nadu, India | |||
| Narang Realty & Construction Private Limited | ₹5.89 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Jupiter Realcon Private Limited | ₹5.89 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Karnavati Realty Private Limitedthis company | ₹5.88 Lakh (FY 2018) | ₹1.14 Lakh | 19.4% | -56.0% | Ahmedabad, Gujarat, India | |
| RKG Homes Private Limited | ₹5.88 Lakh (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Supertriangle Properties Private Limited | ₹5.88 Lakh (FY 2025) | Delhi, India | ||||
| Shree Sainath Enterprises Construction and Developers Private Limited | ₹5.88 Lakh (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Lakshay-The Dream Ventures Private Limited | ₹5.88 Lakh (FY 2025) | Ghaziabad, Uttar Pradesh, India | ||||
| Barefoot Infracon Private Limited | ₹5.88 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Karnavati Realty Private Limited, buy the company report.
Auditor
Karnavati Realty Private Limited is audited by ANKIT R SINGHAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKIT R SINGHAL & ASSOCIATES | FY 2017 | 135182W |
Shareholding
The shareholding of Karnavati Realty Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Karnavati Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2011 | 10312527 | Oriental Bank of Commerce | ₹40.37 Cr | Satisfied | |
| 10 May 2010 | 10222634 | Oriental Bank of Commerece | ₹40.37 Cr | Satisfied | |
| 20 Nov 2006 | 10025901 | Mehsana Urban Co-Op. Bank Ltd. | ₹3 Cr | Satisfied |
To see the full charge records of Karnavati Realty Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Karnavati Realty 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 |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
To see the full case history of Karnavati Realty 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 Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnavati Realty 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 Realty Private Limited, buy the company report.
Recent activity
Karnavati Realty Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Sharad Harlalka was appointed as Director on 12 Jan 2016.
1 earlier event is in the company report.
Frequently asked questions
Karnavati Realty has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Karnavati Realty was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 August 2005 and is registered under CIN U45201GJ2005PTC046656. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Karnavati Realty was incorporated on 24 August 2005. It is registered with the Registrar of Companies, Ahmedabad.
Karnavati Realty had 3 directors:
- Sharad Harlalka - Director
- Ritesh Kamalkishore Hada - Director
- Maheshbhai Shantilal Patel - Director
The CIN (Corporate Identification Number) of Karnavati Realty is U45201GJ2005PTC046656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karnavati Realty is at 605 Samedh Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Karnavati Realty on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Karnavati Realty has 1 GST registration on record and it is cancelled or inactive.
Karnavati Realty operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Karnavati Realty by revenue are Nahata Bhattar Infrastructure Private Limited, Hemkunt Infratech Private Limited, Vibhagini Homes Private Limited, Narang Realty & Construction Private Limited, Jupiter Realcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Karnavati Realty has 1 court case on record: 1 filed against it.
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