MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0007173
Karni Engineers Private Limited
Karni Engineers Private Limited - engineering in Palanpur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.16 Cr
▲ 236% YoY
Net profit · FY 2022
₹11.45 Lakh
Net margin 1.4%
EBITDA · FY 2022
₹19.08 Lakh
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.66 Lakh
Issued & subscribed
Open charges
₹1.62 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Karni Engineers Private Limited
Data last updated:
Karni Engineers Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the engineering sector. It was incorporated on 15 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2008PTC053894. Its GSTIN is 24AADCK4593J1ZA (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.66 Lakh. It is led by directors Sumankunwar Hiteshkumar Gadhvi and Hiteshkumar Maheshdan Gadhvi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Block/C/S/F/58 Shilp Arced Bihari Bag, Palanpur Dist Banas Kantha, Gujarat, India – 385001.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.45 Lakh (net margin 1.4%) and EBITDA of ₹19.08 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹1.62 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Karni Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0007173). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100GJ2008PTC053894
Registration Number 053894
Incorporation Date 15 May 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0007173
Recognitions & Rankings of Karni Engineers
Contact details
Karni Engineers Private Limited's registered office is in Palanpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock/C/S/F/58 Shilp Arced Bihari Bag, Palanpur Dist Banas Kantha, Gujarat, India – 385001
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Karni Engineers Private Limited, buy the company report.
Comprehensive company report
Karni Engineers Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karni Engineers is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Karni Engineers Private Limited, buy the company report.
Financials of Karni Engineers Private Limited
FY 2022 filings availableKarni Engineers Private Limited reported revenue of ₹8.16 Cr (up 236% YoY) for FY 2022.
Revenue · FY 2022
₹8.16 Cr ▲ 236%
Net profit · FY 2022
₹11.45 Lakh margin 1.4%
EBITDA · FY 2022
₹19.08 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 236%
3 years · compounded
▲ 37%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 236% growth in the latest year. EBITDA rose 152% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | ₹19.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Karni Engineers Private Limited, buy the company report.
Board of directors of Karni Engineers Private Limited
Karni Engineers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumankunwar Hiteshkumar Gadhvi | Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Hiteshkumar Maheshdan Gadhvi | Director | 15 May 2008 | 18 Years 5 Months | Current |
Auditor
Karni Engineers Private Limited is audited by FALGUNI D PANCHAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FALGUNI D PANCHAL & CO | FY 2017 | 135454W |
Shareholding
The shareholding of Karni Engineers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karni Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2012 | 10387085 | Others | ₹1.62 Cr | Open |
To see the full charge records of Karni Engineers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Karni Engineers Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of India | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of India | Disposed |
To see the full case history of Karni Engineers 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 Karni Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karni Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK4593J1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karni Engineers Private Limited, buy the company report.
Recent activity
Karni Engineers Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Jayaben Maheshdan Gadhavi ceased to be Director on 27 Jul 2020.
AGM
Karni Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Karni Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Ceased
Jayaben Maheshdan Gadhavi ceased to be Director.
Appointed
Sumankunwar Hiteshkumar Gadhvi was appointed as Director.
Charges
A charge with Others of Rs. 162.00 Lakh registered on 28 Sep 2012 with Charge ID 10387085 was modified on 17 Jun 2020.
Charges
A charge with Others amounted to Rs. 162.00 Lakh with Charge ID 10387085 was registered on 28 Sep 2012.
Appointed
Hiteshkumar Maheshdan Gadhvi was appointed as Director.
Incorporation
15 May 2008
Karni Engineers Private Limited was registered on 15 May 2008 with Roc Ahmedabad & aged 18 years 5 months as per MCA records.
Frequently asked questions
Karni Engineers is an active private limited company based in Palanpur, Gujarat, India. The company works in the engineering industry. It was incorporated on 15 May 2008 (18+ years old) and is registered under CIN U27100GJ2008PTC053894.
Karni Engineers has 2 current directors:
- Sumankunwar Hiteshkumar Gadhvi - Director
- Hiteshkumar Maheshdan Gadhvi - Director
The latest financial statements of Karni Engineers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Karni Engineers is 24AADCK4593J1ZA, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karni Engineers is U27100GJ2008PTC053894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karni Engineers has 5 court cases on record: 5 filed against it. 1 is pending.
Karni Engineers was incorporated on 15 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayaben Maheshdan Gadhavi ceased to be Director on 27 Jul 2020. Sumankunwar Hiteshkumar Gadhvi was appointed as Director on 24 Jul 2020. Hiteshkumar Maheshdan Gadhvi was appointed as Director on 15 May 2008.
Yes, Karni Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0007173).
The registered office of Karni Engineers is at BlockCSF58 Shilp Arced Bihari Bag, Palanpur Dist Banas Kantha, Gujarat, India – 385001.