MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-12-0002339
Karolia Lighting Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.56 Cr
▼ 12% YoY
Net profit · FY 2025
₹1.38 Cr
Net margin 3%
EBITDA · FY 2025
₹3.15 Cr
EBITDA margin 6.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.52 Cr
Issued & subscribed
Open charges
₹24.34 Cr
Satisfied ₹48.84 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
64
Provident fund records
About Karolia Lighting Private Limited
Data last updated:
Karolia Lighting Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 10 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2005PTC137457. Its GSTIN is 05AACCK9957F1ZA (Uttarakhand).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Gautam Aggarwal and Shashi Kant Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 92/8 Okhla Industrial Area Phase – 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.56 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 3%) and EBITDA of ₹3.15 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 3% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.34 Cr and satisfied charges of ₹48.84 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.05 Cr; the latest was in March 2022. Its 6 peer companies in the Power industry (Lighting, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is Millborn Switchgears Private Limited with revenue of ₹46.88 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 9 micro and small suppliers.
Karolia Lighting Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0002339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karolia.in.
Company details
CIN U31909DL2005PTC137457
Registration Number 137457
Incorporation Date 10 June 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UK-12-0002339
Recognitions & Rankings of Karolia Lighting
Contact details
Karolia Lighting Private Limited's registered office is in New Delhi, Delhi. Its website is karolia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 92/8 Okhla Industrial Area Phase – 1, New Delhi, Delhi, India – 110020
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Karolia Lighting Private Limited, buy the company report.
Comprehensive company report
Karolia Lighting 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 Karolia Lighting is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Karolia Lighting Private Limited, buy the company report.
Financials of Karolia Lighting Private Limited
FY 2024 filings availableKarolia Lighting Private Limited reported revenue of ₹46.56 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹46.56 Cr ▼ 12%
Net profit · FY 2025
₹1.38 Cr margin 3%
EBITDA · FY 2025
₹3.15 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 16%
5 years · compounded
▼ 2%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.38 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Karolia Lighting Private Limited, buy the company report.
Board of directors of Karolia Lighting Private Limited
Karolia Lighting has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Aggarwal Also directs: United Electric Co Delhi Private Limited, Milestone Engineering Private Limited, Mile Aire Private Limited and 1 more | Director | 06 Aug 2007 | 19 Years 2 Months | Current |
| Shashi Kant Aggarwal Also directs: United Electric Co Delhi Private Limited, Milestone Engineering Private Limited, Mile Aire Private Limited and 1 more | Director | 11 Dec 2007 | 18 Years 10 Months | Current |
| Anila Aggarwal Also directs: United Electric Co Delhi Private Limited, Milestone Engineering Private Limited, Mile Aire Private Limited and 1 more | Director | 04 Feb 2008 | 18 Years 8 Months | Current |
Peer comparison
Karolia Lighting Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Lighting, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Millborn Switchgears Private Limited | ₹46.88 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Elmot Alternators Private Limited | ₹46.67 Cr (FY 2024) | 58.0% | W/E/F/14/04/2005, Maharashtra, India | |||
| Venkateshwara Automation and Controls Private Limited | ₹46.67 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Gujarat Plug-In Devices Pvt Ltd | ₹46.57 Cr (FY 2025) | -14.0% | Vadodara, Gujarat, India | |||
| Karolia Lighting Private Limitedthis company | ₹46.56 Cr (FY 2025) | ₹1.38 Cr | 3% | -12.0% | 64 | New Delhi, Delhi, India |
| Additional Lighting Industries Private Limited | ₹46.52 Cr (FY 2024) | 93.0% | Pune, Maharashtra, India | |||
| Banavathy Power Systems Private Limited | ₹46.35 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Karolia Lighting Private Limited, buy the company report.
Auditor
Karolia Lighting Private Limited is audited by Bhatia & Bhatia for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhatia & Bhatia | FY 2023 | 003202N |
Shareholding
The shareholding of Karolia Lighting 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 Karolia Lighting Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.34 Cr
Satisfied charges
₹48.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2025 | 101183834 | Sidbi | ₹1.5 Cr | Open | |
| 06 Nov 2024 | 100997703 | Others | ₹9.5 Cr | Open | |
| 15 Oct 2020 | 100383369 | Hdfc Bank Limited | ₹10.5 Cr | Open | |
| 16 Feb 2019 | 100242584 | Others | ₹1.5 Cr | Open | |
| 29 Mar 2014 | 10505055 | Electronica Finance Limited | ₹1.01 Cr | Open |
To see the full charge records of Karolia Lighting Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Karolia Lighting Private Limited has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.05 Cr; the latest was in March 2022.
Total deals
13
Secondary share transfers
8
Funding rounds
4
Rights issue
1
Disclosed funding
₹3.05 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Milestone Engineering Private Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Milestone Engineering Private Limited , Milestone Switchgears Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Mileaire Private Limited, Milestone Engineering Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Milestone Engineering Private Limited |
| Jun 2011 | Funding round | ₹40 Lakh | Investors: Milestone Engineering Private Limited |
To see the full deal history of Karolia Lighting Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karolia Lighting Private Limited has 5 court cases on record: 4 filed by Karolia Lighting, 1 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against Deputy Labour Commissioner Deputy Registrar and 3 others | Pending |
| High Court of Uttarakhand | Court case (WPMS) | Filed by the company against State of Uttarakhand | Pending |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed against the company by individuals | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Karolia Lighting 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.
Credit ratings & regulatory alerts
Karolia Lighting Private Limited was last rated by Icra on 19 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 Nov 2018 |
To see the full credit ratings and regulatory alerts of Karolia Lighting Private Limited, buy the company report.
MSME payment delays
Karolia Lighting Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bharat Machinery Agencies | |||
| an individual supplier | |||
| an individual supplier | |||
| Advance Hydrau-Components Private Limited | |||
| Nisarga Dhama Estates Private Limited |
To see the full MSME payment records of Karolia Lighting Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Karolia Lighting Private Limited has a workforce of 64 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
64
Active EPFO establishments
1
Employee growth
3.23%
GST
Karolia Lighting has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AACCK9957F1ZA | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karolia Lighting Private Limited, buy the company report.
Recent activity
Karolia Lighting Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Shashi Kant Aggarwal ceased to be Additional Director on 15 Jul 2008.
Charges
A charge with Sidbi amounted to Rs. 1.50 Cr with Charge ID 101183834 was registered on 11 Nov 2025.
Charges
A charge with Others of Rs. 9.50 Cr registered on 06 Nov 2024 with Charge ID 100997703 was modified on 09 Sep 2025.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100997703 was registered on 06 Nov 2024.
AGM
Karolia Lighting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karolia Lighting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 10.50 Cr registered on 15 Oct 2020 with Charge ID 100383369 was modified on 16 Dec 2021.
Charges
A charge registered on 27 Feb 2018 via Charge ID 100160399 with Sidbi was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 27 Feb 2018 via Charge ID 100157771 with Sidbi was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 27 Feb 2018 via Charge ID 100157691 with Sidbi was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 04 Dec 2015 via Charge ID 10606025 with Small Industries Development Bank Of India was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 04 Mar 2015 via Charge ID 10554928 with Small Industries Developement Bank Of India was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 20 Jun 2011 via Charge ID 10293604 with Small Industries Development Bank Of India was fully satisfied on 15 Nov 2021.
50 earlier events are in the company report.
Frequently asked questions
Karolia Lighting is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 10 June 2005 (21+ years old) and is registered under CIN U31909DL2005PTC137457.
Karolia Lighting has 3 current directors:
- Gautam Aggarwal - Director
- Shashi Kant Aggarwal - Director
- Anila Aggarwal - Director
The latest financial statements of Karolia Lighting on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Karolia Lighting is 05AACCK9957F1ZA, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Karolia Lighting is U31909DL2005PTC137457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karolia Lighting has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Karolia Lighting was incorporated on 10 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Karolia Lighting has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.05 Cr; the latest was in March 2022.
The peers of Karolia Lighting by revenue are Millborn Switchgears Private Limited, Elmot Alternators Private Limited, Venkateshwara Automation and Controls Private Limited, Gujarat Plug-In Devices Pvt Ltd, Additional Lighting Industries Private Limited and 1 more, all in the Power industry (Lighting, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shashi Kant Aggarwal ceased to be Additional Director on 15 Jul 2008. Anila Aggarwal was appointed as Director on 04 Feb 2008. Madhu Sudan Karolia ceased to be Director on 10 Jan 2008. Karolia Lighting has 7 board changes on record in total.
Yes, Karolia Lighting is registered as a small enterprise under Udyam registration (number: UDYAM-UK-12-0002339).
Karolia Lighting has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 31 overdue payments to 9 micro and small suppliers. The latest return was filed on 01 Jun 2019.