Karuturi Ceramics Private Limited
About Karuturi Ceramics Private Limited
Data last updated:
Karuturi Ceramics Private Limited is a private limited company based in Rajahmundry, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 18 June 2010.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U26933AP2010PTC117739. Its GSTIN is 37AADCK9956H1ZZ (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹44 Cr and a paid-up capital of ₹43.5 Cr. It is led by directors including Amit Hridaynath Chaturvedi (Managing Director) and Chandraditya Chaturvedi.
Its last annual general meeting (AGM) was held on 12 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 23 – 16 – 44 Jaigopal Bhavan Haripuram, Rajahmundry, Andhra Pradesh, India – 533105.
As per MCA filings, the company has open charges of ₹41.27 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 3 cases are pending.
Company details
CIN history
Karuturi Ceramics has one previous CIN (Corporate Identification Number): U26933KA2010PTC054129. The current CIN is U26933AP2010PTC117739, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26933AP2010PTC117739 | Current |
| U26933KA2010PTC054129 | Previous |
Contact details
Karuturi Ceramics Private Limited's registered office is in Rajahmundry, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address23 – 16 – 44 Jaigopal Bhavan Haripuram, Rajahmundry, Andhra Pradesh, India – 533105
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Karuturi Ceramics 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
Financials of Karuturi Ceramics Private Limited
FY 2020 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Karuturi Ceramics Private Limited, buy the company report.
Board of directors of Karuturi Ceramics Private Limited
Karuturi Ceramics has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandraditya Chaturvedi Also directs: Iyka Ceramica Private Limited | Director | 07 Feb 2018 | 8 Years 8 Months | As last reported |
| Ruchita Amit Chaturvedi Also directs: Iyka Ceramica Private Limited, Techno Boards Private Limited | Director | 07 Feb 2018 | 8 Years 8 Months | As last reported |
| Amit Hridaynath Chaturvedi Also directs: Iyka Ceramica Private Limited | Managing Director | 07 Feb 2018 | 8 Years 8 Months | As last reported |
Auditor
Karuturi Ceramics Private Limited is audited by VIVEK MITTAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK MITTAL & ASSOCIATES | FY 2020 | 005847C |
Shareholding
The shareholding of Karuturi Ceramics Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Karuturi Ceramics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2014 | 10480941 | State Bank of India | ₹8 Cr | Open | |
| 19 Mar 2011 | 10285147 | State Bank of India | ₹33.27 Cr | Open |
To see the full charge records of Karuturi Ceramics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Karuturi Ceramics Private Limited has 13 court cases on record: 7 filed by Karuturi Ceramics, 6 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 1 |
| District courts | 5 | 5 | 1 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against State Bank of India and 2 others | Pending |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against State Bank of India Rep by Chief Manager Ravi Shankar Hmwssb Compound, D.No. 6-2-915, 5Th Floor, Rear Block, Khairatabad ,Hyderabad , Andhra Pradesh | Pending |
| NCLT, NCLT Amaravati | Interim or miscellaneous application | Filed by the company | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by individuals | Disposed |
To see the full case history of Karuturi Ceramics 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 Karuturi Ceramics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Karuturi Ceramics has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
Karuturi Ceramics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCK9956H1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karuturi Ceramics Private Limited, buy the company report.
Recent activity
Karuturi Ceramics Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Amit Hridaynath Chaturvedi ceased to be Whole-Time Director on 12 Aug 2020.
6 earlier events are in the company report.
Frequently asked questions
Karuturi Ceramics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Karuturi Ceramics is a company under liquidation, formerly operating as a private limited company based in Rajahmundry, Andhra Pradesh, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 18 June 2010 and is registered under CIN U26933AP2010PTC117739. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Karuturi Ceramics has 3 current directors:
- Amit Hridaynath Chaturvedi - Managing Director
- Chandraditya Chaturvedi - Director
- Ruchita Amit Chaturvedi - Director
The latest financial statements of Karuturi Ceramics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 12 August 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Karuturi Ceramics is U26933AP2010PTC117739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karuturi Ceramics has open charges of ₹41.27 Cr and no satisfied charges on record as per latest MCA filings.
Karuturi Ceramics has 13 court cases on record: 7 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Karuturi Ceramics was incorporated on 18 June 2010. It is registered with the Registrar of Companies, Vijayawada.
Amit Hridaynath Chaturvedi ceased to be Whole-Time Director on 12 Aug 2020. Karuturi Yeshoda ceased to be Managing Director on 12 Aug 2020. Sandeep Rao Kanneganti ceased to be Whole-Time Director on 27 Jul 2020. Karuturi Ceramics has 11 board changes on record in total.
The registered office of Karuturi Ceramics is at 23 – 16 – 44 Jaigopal Bhavan Haripuram, Rajahmundry, Andhra Pradesh, India – 533105.
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