Karo Metals Private Limited
About Karo Metals Private Limited
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Karo Metals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 21 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13209OR2016PTC019817. Its GSTIN is 21AAGCK0572N1ZI (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Ranjit Kumar Pradhan (Managing Director) and Md Moin.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.85 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹19.08 Lakh (net margin 1.8%) and EBITDA of ₹95.38 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 163% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karo Metals Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 104 Block – C Saswat Homes, Adarsh Vihar Aryapalli Ps – Infocity, Bhubaneswar, Odisha, India – 751024
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Karo Metals 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 Karo Metals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Karo Metals Private Limited, buy the company report.
Financials of Karo Metals Private Limited
FY 2025 filings availableKaro Metals Private Limited reported revenue of ₹10.85 Cr (up 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 163% over five years, including 65% growth in the latest year. EBITDA rose 937% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹95.38 Lakh | ||||
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| Net Profit (PAT) | ₹19.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Karo Metals Private Limited, buy the company report.
Board of directors of Karo Metals Private Limited
Karo Metals has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Md Moin | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Jawed Mohammed | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
| Ranjit Kumar Pradhan | Managing Director | 21 Jan 2016 | 10 Years 9 Months | Current |
| Pratap Kumar Mishra | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Karo Metals Private Limited is audited by L LAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L LAL & ASSOCIATES | FY 2023 | 324024E |
Shareholding
The shareholding of Karo Metals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karo Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2025 | 101048593 | Axis Bank Limited | ₹1.92 Cr | Open | |
| 16 Jan 2025 | 101054799 | Others | ₹69 Lakh | Open | |
| 31 Jan 2024 | 100882528 | Others | ₹60.47 Lakh | Open | |
| 22 Jan 2024 | 100852690 | Others | ₹97 Lakh | Open | |
| 30 Nov 2023 | 100840955 | Tata Capital Financial Services Limited | ₹1.21 Cr | Open |
Total charge records: 5 View all charges
Legal cases
Karo Metals Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
To see the full case history of Karo Metals 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 Karo Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karo Metals Private Limited has a workforce of 31 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Karo Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCK0572N1ZI | Odisha | Active | 15 Jan 2018 |
To see the full GST registrations and return filing status of Karo Metals Private Limited, buy the company report.
Recent activity
Karo Metals Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Md Moin was appointed as Director on 01 Oct 2023.
3 earlier events are in the company report.
Frequently asked questions
Karo Metals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 21 January 2016 (10+ years old) and is registered under CIN U13209OR2016PTC019817.
Karo Metals has 4 current directors:
- Ranjit Kumar Pradhan - Managing Director
- Md Moin - Director
- Jawed Mohammed - Director
- Pratap Kumar Mishra - Director
The latest financial statements of Karo Metals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Karo Metals is 21AAGCK0572N1ZI, registered in Odisha.
The CIN (Corporate Identification Number) of Karo Metals is U13209OR2016PTC019817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karo Metals has 1 court case on record: 1 filed against it. 1 is pending.
Karo Metals was incorporated on 21 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
Md Moin was appointed as Director on 01 Oct 2023. Pradeep Kumar Pradhan ceased to be Director on 01 Oct 2023. Amit Kumar Das ceased to be Director on 12 Apr 2022. Karo Metals has 7 board changes on record in total.
The registered office of Karo Metals is at Flat No. 104 Block – C Saswat Homes, Adarsh Vihar Aryapalli Ps – Infocity, Bhubaneswar, Odisha, India – 751024.
Karo Metals operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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