Karsten Homes Private Limited

Karsten Homes Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45200KA2011PTC061646 Incorporated 14 December 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2018
₹8.18 Cr
▲ 6% YoY
Net profit · FY 2018
₹25.23 Lakh
Net margin 3.1%
EBITDA · FY 2018
₹40.4 Lakh
EBITDA margin 4.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50.42 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
16
Provident fund records

About Karsten Homes Private Limited

Data last updated:

Karsten Homes Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2011PTC061646. Its GSTIN is 29AAFCK1536R1ZX (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Surendra Kartheek (Managing Director) and Uttara Kartheek.

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 is at Bangalore, Karnataka.

As per the financials filed for FY 2018, the company reported a revenue of ₹8.18 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹25.23 Lakh (net margin 3.1%) and EBITDA of ₹40.4 Lakh (EBITDA margin 4.9%).

The company has about 16 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Karsten Homes. As per MCA filings, the company has open charges of ₹50.42 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 7 filed against it; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karstenhomes.in.

Company Details of Karsten Homes Private Limited
CIN U45200KA2011PTC061646
Registration Number 061646
Incorporation Date 14 December 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.319/3 First Floor 80 Feet Road Opp – Indoor Stadium 8th Block Koramanga, La, Bangalore, Karnataka, India – 560095
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Karsten Homes Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Karsten Homes Private Limited

Karsten Homes operates one associated brand: Karsten Homes. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate development and construction services focusing on residential, commercial, and recreational properties.karstenhomes.in

Business Activity of Karsten Homes Private Limited

The main business activity of Karsten Homes is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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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.

Auditor Details of Karsten Homes Private Limited

Auditor information for Karsten Homes Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Board of Directors of Karsten Homes Private Limited

Karsten Homes has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Uttara KartheekDirector14 Dec 201114 Years 9 MonthsCurrent
Surendra KartheekManaging Director14 Dec 201114 Years 9 MonthsCurrent

Financials of Karsten Homes Private Limited FY 2018 filings available

Karsten Homes Private Limited reported revenue of ₹8.18 Cr (up 6% YoY) for FY 2018.

Revenue · FY 2018
₹8.18 Cr ▲ 6%
Net profit · FY 2018
₹25.23 Lakh margin 3.1%
EBITDA · FY 2018
₹40.4 Lakh margin 4.9%

Compounded Annual Growth Rate (CAGR) of Karsten Homes Private Limited

Revenue CAGR growth
1 year
▲ 6%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 47%

Revenue rose 6% in the latest year. EBITDA fell 9% 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 of Karsten Homes Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹8.18 Cr••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹40.4 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹25.23 Lakh••••••••••••
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 Karsten Homes Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin4.9%••••••••••••
Net Profit Margin3.1%••••••••••••
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 Karsten Homes are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Verified entity values are shown only after access is granted.

Ownership and Shareholding of Karsten Homes Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Karsten Homes Private Limited

Open charges
₹50.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹50.42 Cr
Latest charge details
DateLenderAmountStatus
24 Jun 2020Others₹35 LakhOpen
24 Jun 2020Others₹3.7 LakhOpen
24 Jun 2020Others₹3.7 LakhOpen
26 Apr 2016Others₹50 CrOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Karsten Homes Private Limited

Karsten Homes Private Limited has a workforce of 16 employees as of Apr 05, 2024.

Employee count
16
Active EPFO establishments
1
Employee growth
-23.81%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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GST Compliance of Karsten Homes Private Limited

Karsten Homes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCK1536R1ZXKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Karsten Homes Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
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MSME Payment Delays by Karsten Homes Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Karsten Homes Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Karsten Homes Private Limited

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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
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Recent Activity on Karsten Homes Private Limited

Charges
10 Jan 2023
A charge with Others of Rs. 5,000.00 Lakh registered on 26 Apr 2016 with Charge ID 100052087 was modified on 10 Jan 2023.
Charges
24 Jun 2020
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100374099 was registered on 24 Jun 2020.
Charges
24 Jun 2020
A charge with Others amounted to Rs. 3.70 Lakh with Charge ID 100374101 was registered on 24 Jun 2020.
Charges
24 Jun 2020
A charge with Others amounted to Rs. 3.70 Lakh with Charge ID 100374102 was registered on 24 Jun 2020.
Activity
29 Sep 2018
Karsten Homes Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Activity
31 Mar 2018
Karsten Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

Frequently Asked Questions about Karsten Homes Private Limited

Karsten Homes is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 2011 (15+ years old) and is registered under CIN U45200KA2011PTC061646.

Karsten Homes reported revenue of ₹8.18 Cr for FY 2018 (up 6% YoY).

Karsten Homes has 2 current directors:

Karsten Homes reported a net profit of ₹25.23 Lakh (net margin 3.1%) and EBITDA of ₹40.4 Lakh (EBITDA margin 4.9%) for FY 2018, as per its filed financial statements.

The GSTIN of Karsten Homes is 29AAFCK1536R1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Karsten Homes is U45200KA2011PTC061646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karsten Homes has 16 court cases on record: 1 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.

Karsten Homes was incorporated on 14 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Karsten Homes can be reached through the website karstenhomes.in. Its registered office is in Bangalore, Karnataka, India.

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