Karnavati Utility Services Private Limited
About Karnavati Utility Services Private Limited
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Karnavati Utility Services 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 office and school supplies segment of the education sector. It was incorporated on 24 August 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74990GJ2005PTC046655. Its GSTIN is 24AACCK6690H1ZE (Gujarat).
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors including Anup Agarwal 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 ₹75.76 Lakh, a growth of 142% compared to the previous year. For the same year it recorded a net profit of ₹4.26 Lakh (net margin 5.6%) and EBITDA of ₹6.54 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company had about 24 employees on its provident fund (EPFO) records before it was dissolved.
Company details
Contact details
Karnavati Utility Services Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address605 Samedh Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEducation, Office & School Supplies
To see the full contact details of Karnavati Utility Services 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 Utility Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Karnavati Utility Services Private Limited, buy the company report.
Financials of Karnavati Utility Services Private Limited
FY 2018 filings availableKarnavati Utility Services Private Limited reported revenue of ₹75.76 Lakh (up 142% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 142% growth in the latest year. EBITDA rose 112% 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 |
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| Total Expenses | ||||
| EBITDA | ₹6.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.26 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.6% | |||
| Net Profit Margin | 5.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Karnavati Utility Services Private Limited, buy the company report.
Board of directors of Karnavati Utility Services Private Limited
Karnavati Utility Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Agarwal Also directs: United Decor Options Private Limited | Director | 24 Aug 2005 | 21 Years 2 Months | As last reported |
| Ritesh Kamalkishore Hada | Director | 29 Sep 2009 | 17 Years 1 Months | As last reported |
| Chiragkumar Hariprasad Sheth | Director | 27 Jan 2016 | 10 Years 9 Months | As last reported |
| Sonu Anup Agarwal Also directs: United Decor Options Private Limited | Director | 16 Jun 2006 | 20 Years 4 Months | As last reported |
Peer comparison
Karnavati Utility Services Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Office and School Supplies), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ignited Papers Private Limited | ₹76.88 Lakh (FY 2025) | 699.0% | Faizabad, Uttar Pradesh, India | |||
| Karnavati Utility Services Private Limitedthis company | ₹75.76 Lakh (FY 2018) | ₹4.26 Lakh | 5.6% | 142.0% | 24 | Ahmedabad, Gujarat, India |
| Maktaba Jamia Ltd | ₹75.73 Lakh (FY 2023) | -20.0% | Delhi, India | |||
| Amarpuri Wellness Exports Private Limited | ₹75.15 Lakh (FY 2025) | 9.0% | Bardez, Goa, India | |||
| V-Mart Books & Stationeries Private Limited | ₹74.5 Lakh (FY 2024) | -10.0% | Tiruppur, Tamil Nadu, India |
To see the full peer comparison of Karnavati Utility Services Private Limited, buy the company report.
Auditor
Karnavati Utility Services 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 Utility Services 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 Utility Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karnavati Utility Services 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 Utility Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karnavati Utility Services Private Limited has a workforce of 24 employees on its EPFO records as of Jun 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 24 |
GST
Karnavati Utility Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK6690H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karnavati Utility Services Private Limited, buy the company report.
Recent activity
Karnavati Utility Services Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Chiragkumar Hariprasad Sheth was appointed as Director on 27 Jan 2016.
Frequently asked questions
Karnavati Utility Services 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 Utility Services was a private limited company based in Ahmedabad, Gujarat, India. The company worked in office and school supplies, within the education industry. It was incorporated on 24 August 2005 and is registered under CIN U74990GJ2005PTC046655. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Karnavati Utility Services was incorporated on 24 August 2005. It is registered with the Registrar of Companies, Ahmedabad.
Karnavati Utility Services had 4 directors:
- Anup Agarwal - Director
- Ritesh Kamalkishore Hada - Director
- Chiragkumar Hariprasad Sheth - Director
- Sonu Anup Agarwal - Director
The CIN (Corporate Identification Number) of Karnavati Utility Services is U74990GJ2005PTC046655. 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 Utility Services is at 605 Samedh Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Karnavati Utility Services 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.
The GSTIN of Karnavati Utility Services is 24AACCK6690H1ZE, registered in Gujarat.
Karnavati Utility Services operated in the education industry, in the office and school supplies segment.
The peers of Karnavati Utility Services by revenue are Ignited Papers Private Limited, Maktaba Jamia Ltd, Amarpuri Wellness Exports Private Limited, V-Mart Books & Stationeries Private Limited, all in the Education industry (Office and School Supplies), with the same principal business activity (retail trading).
Chiragkumar Hariprasad Sheth was appointed as Director on 27 Jan 2016. Ritesh Kamalkishore Hada ceased to be Additional Director on 30 Sep 2009. Ritesh Kamalkishore Hada was appointed as Director on 29 Sep 2009. Karnavati Utility Services has 5 board changes on record in total.
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