Karvat Cover-More Assist Private Limited Company Logo

Karvat Cover-More Assist Private Limited - Company Profile

It is a transport and logistics private limited company based in Mumbai, Maharashtra, India, established in 2005.

2005 | Mumbai, Maharashtra, India | Active
Last Updated:

About Karvat Cover-More Assist Private Limited

Karvat Cover-More Assist Private Limited, a active private limited company, was established on 30 November 2005 in Mumbai, Maharashtra, India. Engaging in travel & tour services within the information and communication sector, it holds CIN: U63040MH2005PTC157690. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Formerly known as Karvat Travel Services Private Limited. It upholds a compliant status. Employing 84 professional, Its leadership includes Paras Harendra Kothari (Whole-Time Director), Khaled Mahmoud Ibrahim (Director). Past directors included Judith Crompton, Charles Barrie Whattam, Rangamani Kala. It holds no open charges and ₹7.75 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at E Wing, 10Th Floor, Office 2, Times Square,, Andheri Kurla Road, Opp Mital Industrial Estate, Marol, Andheri (East), Mumbai, Maharashtra, 400059.

Company Details

  • CIN/LLPIN

    U63040MH2005PTC157690

  • Registration Number

    157690

  • Incorporation Date

    30 November 2005

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.75 Cr
  • Revenue Growth 10.83%
  • Profit Growth -34.19%
  • Ebitda -15.54%
  • Net Worth 62.90%
  • Total Assets -18.83%
Company report

Karvat Cover-More Assist Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Karvat Cover-More Assist Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Karvat Cover-More Assist Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Paras Harendra KothariWhole-Time Director30 May 2022Current
Khaled Mahmoud IbrahimDirector24 Sep 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Dec 2021Past
Pramod AbcsddAdditional Director29 Nov 2021Past
Pramod AbcsddAdditional Director19 Jan 2021Past
Pramod AbcsddChief Financial Officer-Past
Pramod AbcsddWhole-Time Director28 Feb 2021Past
Pramod AbcsddAdditional Director16 Feb 2024Past

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Financial Performance of Karvat Cover-More Assist.

Karvat Cover-More Assist Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.83% increase. The company also saw a substantial fall in profitability, with a 34.19% decrease in profit. The company's net worth Soared by an impressive increase of 62.9%.

Karvat Cover-More Assist revenue growth over time
Karvat Cover-More Assist profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.83%
Revenue from Operations
12.48%
Total Assets
-18.83%
Profit or Loss
-34.19%
Net Worth
62.90%
EBITDA
-15.54%

What is the Ownership and Shareholding Structure of Karvat Cover-More Assist?

In 2023, Karvat Cover-More Assist had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹77,500,000.00

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 7.75 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2018Standard Chartered Bank₹4.63 CrSatisfied
29 Mar 2017Standard Chartered Bank₹3.13 CrSatisfied

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How Many Employees Work at Karvat Cover-More Assist?

Karvat Cover-More Assist has a workforce of 84 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Karvat Cover-More Assist Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karvat Cover-More Assist, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karvat Cover-More Assist's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Karvat Cover-More Assist

Recent Activity within the Organization

  • Director Appointment

    Khaled Mahmoud Ibrahim was appointed as a Director was appointed as a Director on 24 Sep 2025 & has been associated with this company since 2 months 9 days . was recorded as a recent event.

  • Annual General Meeting

    Karvat Cover-More Assist Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Karvat Cover-More Assist Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge registered on 04 Jul 2018 via Charge ID 100191378 with Standard Chartered Bank was fully satisfied on 24 Aug 2022. was documented.

  • Director Appointment

    The activity Paras Harendra Kothari was appointed as a Whole-time director was appointed as a Whole-time director on 30 May 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Charges

    The activity A charge registered on 29 Mar 2017 via Charge ID 100087815 with Standard Chartered Bank was fully satisfied on 25 Feb 2019. was completed.

Frequently Asked Questions

  • What is the CIN of Karvat Cover-More Assist Private Limited?

    The CIN of Karvat Cover-More Assist Private Limited is U63040MH2005PTC157690.

  • Where is Karvat Cover-More Assist Private Limited headquartered?

    Karvat Cover-More Assist Private Limited is headquartered at E Wing, 10Th Floor, Office 2, Times Square,, Andheri Kurla Road, Opp Mital Industrial Estate, Marol, Andheri (East), Mumbai, Maharashtra, 400059.

  • When was Karvat Cover-More Assist Private Limited incorporated?

    Karvat Cover-More Assist Private Limited was incorporated on 30 November 2005.

  • Who are the current directors of Karvat Cover-More Assist Private Limited?

    The current directors of Karvat Cover-More Assist Private Limited are

  • What is the primary industry of Karvat Cover-More Assist Private Limited?

    The primary industry of Karvat Cover-More Assist Private Limited is Information And Communication.

  • Is Karvat Cover-More Assist Private Limited a listed company?

    Karvat Cover-More Assist Private Limited is unlisted.

  • What is the capital structure of Karvat Cover-More Assist Private Limited?

    The authorized capital of Karvat Cover-More Assist Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Karvat Cover-More Assist Private Limited?

    The compliance status of Karvat Cover-More Assist Private Limited is Compliant.

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