Karnavati Technocast Private Limited
About Karnavati Technocast Private Limited
Data last updated:
Karnavati Technocast Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 March 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2014PTC079159. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kiritkumar Vallabhbhai Vadadoriya and Mitul Panchal Kanubhai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 360 A Gvmm Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2017, the company reported a revenue of ₹96.76 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹41,148 (net margin -0.4%) and EBITDA of ₹6.12 Lakh (EBITDA margin 6.3%).
As per MCA filings, the company had satisfied charges of ₹30.78 Lakh on record.
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- Registered Address360 A Gvmm Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Karnavati Technocast Private Limited
The main business activity of Karnavati Technocast is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karnavati Technocast Private Limited FY 2017 filings available
Karnavati Technocast Private Limited reported revenue of ₹96.76 Lakh (down 35% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Karnavati Technocast Private Limited
Revenue fell 35% in the latest year. EBITDA fell 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Karnavati Technocast Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹6.12 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41,148 | •••• | •••• |
| 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 of Karnavati Technocast Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.3% | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karnavati Technocast are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karnavati Technocast Private Limited
Karnavati Technocast Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunwaves Steel Private Limited | ₹97.68 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Nrferro and Power Private Limited | ₹97.32 Lakh (FY 2025) | •••• | •••• | 65328.0% | •••• | Raigarh, Chhattisgarh, India |
| Bluedragon Steel Private Limited | ₹97.25 Lakh (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Arko Metal Works Private Limited | ₹97 Lakh (FY 2025) | •••• | •••• | 345.0% | •••• | Dhanbad, Jharkhand, India |
| The Bezwada Metal and Steel Industries Ltd | ₹96.97 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Karnavati Technocast Private Limited this company | ₹96.76 Lakh (FY 2017) | •••• | •••• | -35.0% | •••• | Ahmedabad, Gujarat, India |
| South India Steel Industries Private Limited | ₹96.59 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Yash Metal and Steel Private Limited | ₹96.59 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Thane, Maharashtra, India |
| Renovo Metal Private Limited | ₹96.44 Lakh (FY 2024) | •••• | •••• | 918333.0% | •••• | Kolkata, West Bengal, India |
| Acme Steel Products Pvt Ltd | ₹96.2 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Punjab, India |
| M R Steel (India) Private Limited | ₹95.96 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Karnavati Technocast by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karnavati Technocast Private Limited
Karnavati Technocast Private Limited is audited by D. G. Patel & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. G. Patel & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karnavati Technocast Private Limited
Karnavati Technocast has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritkumar Vallabhbhai Vadadoriya | Director | 14 Mar 2014 | 12 Years 6 Months | As last reported |
| Mitul Panchal Kanubhai | Director | 30 Nov 2016 | 9 Years 10 Months | As last reported |
Ownership and Shareholding of Karnavati Technocast Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karnavati Technocast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2014 | The Karnavati Co Op Bank Ltd | ₹30.78 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Karnavati Technocast Private Limited
Employment history and EPFO contributions of people linked to Karnavati Technocast.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Karnavati Technocast Private Limited
Karnavati Technocast Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Vilasben Upendrabhai Patel ceased to be Director on 20 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Karnavati Technocast Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karnavati Technocast Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karnavati Technocast Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karnavati Technocast Private Limited
Karnavati Technocast has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karnavati Technocast Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karnavati Technocast Private Limited
Karnavati Technocast has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Karnavati Technocast was a private limited company based in Ahmedabad, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 March 2014 and is registered under CIN U27310GJ2014PTC079159. The company has been struck off by the Registrar of Companies and is no longer operational.
Karnavati Technocast had 2 directors:
- Kiritkumar Vallabhbhai Vadadoriya - Director
- Mitul Panchal Kanubhai - Director
The CIN (Corporate Identification Number) of Karnavati Technocast is U27310GJ2014PTC079159. 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 Technocast is at 360 A Gvmm Odhav, Ahmedabad, Gujarat, India – 382415.
Karnavati Technocast was incorporated on 14 March 2014. It is registered with the Registrar of Companies, Ahmedabad.
Karnavati Technocast reported revenue of ₹96.76 Lakh for FY 2017 (down 35% YoY).
Karnavati Technocast has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Karnavati Technocast reported a net loss of ₹41,148 (net margin -0.4%) and EBITDA of ₹6.12 Lakh (EBITDA margin 6.3%) for FY 2017, as per its filed financial statements.
No. Karnavati Technocast has 1 GST registration on record and it is cancelled or inactive.
Karnavati Technocast operated in the metals and minerals industry, in the steel manufacturing and processing segment. It worked in this industry before it was struck off.