Karwa Retail Private Limited - Company Profile

It is a fashion and textile private limited company based in Mumbai, Maharashtra, India, established in 1971.
1971 Mumbai, Maharashtra, India Active
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About Karwa Retail Private Limited

Karwa Retail Private Limited, a active private limited company, was established on 22 January 1971 in Mumbai, Maharashtra, India. Engaging in fashion retail within the trade sector, it holds CIN: U21000MH1971PTC014970. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.94 M.

Formerly known as Venkateshwara Distributors Private Limited. It upholds a compliant status. Its leadership includes Nandkishore Karwa (Director), Nilesh Nandkishore Karwa (Director), Narayan Karwa (Director). Past directors included Sulochana Nandkishore Karwa, Nitin Karwa, Manju Karwa. It holds no open charges and ₹2.11 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 308 Regent Chamber208 Nariman Point, Mumbai, Maharashtra, 400021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U21000MH1971PTC014970

  • Registration Number

    014970

  • Incorporation Date

    22 January 1971

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹0.94 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 55 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.11 Cr
  • Revenue Growth **** 34.90%
  • Profit Growth **** -89.45%
  • Ebitda **** -131.84%
  • Net Worth 4.03%
  • Total Assets **** 48.73%
Company report

Karwa Retail Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karwa Retail 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 Karwa Retail Private Limited?
Current Directors
Name Designation Appointment Date Status
Nandkishore Karwa Director 16 Oct 1990 Current
Nilesh Nandkishore Karwa Director 23 Mar 2004 Current
Narayan Karwa Director 26 Jun 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2021 Past
Pramod Abcsdd Director 17 May 2023 Past
Pramod Abcsdd Director 15 Nov 2021 Past
Pramod Abcsdd Director 14 Apr 2016 Past

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Financial Performance of Karwa Retail.

Karwa Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.9% increase. The company also saw a substantial fall in profitability, with a 89.45% decrease in profit. The company's net worth moved up by a moderate rise of 4.03%.

Karwa Retail revenue growth over time
Karwa Retail profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 34.90%
*******
*******
*******
*******
Revenue from Operations
*******
 37.30%
*******
*******
*******
*******
Total Assets
*******
 48.73%
*******
*******
*******
*******
Profit or Loss
*******
 -89.45%
*******
*******
*******
*******
Net Worth
*******
 4.03%
*******
*******
*******
*******
EBITDA
*******
 -131.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karwa Retail?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹21,100,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 2.00 Cr
  • Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
Date Lender Amount Status
31 May 2013 Hdfc Bank Limited ₹1.10 M Satisfied
28 Dec 2004 Bank Of Baroda ₹2.00 Cr Satisfied

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How Many Employees Work at Karwa Retail?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Karwa Retail
Recent Activity within the Organization
  • Annual General Meeting

    Karwa Retail 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.

  • Charges

    A charge registered on 31 May 2013 via Charge ID 10434508 with Hdfc Bank Limited was fully satisfied on 26 Apr 2024. was recorded as a recent event.

  • Balance Sheet

    Karwa Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 1.10 M registered on 31 May 2013 with Charge ID 10434508 was modified on 11 Apr 2023. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 10434508 was registered on 31 May 2013. was recorded as a recent event.

  • Charges

    The activity A charge registered on 28 Dec 2004 via Charge ID 90241272 with Bank Of Baroda was fully satisfied on 27 May 2013. was completed.

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Frequently Asked Questions
What is the CIN of Karwa Retail Private Limited?

The CIN of Karwa Retail Private Limited is U21000MH1971PTC014970.

Where is Karwa Retail Private Limited headquartered?

Karwa Retail Private Limited is headquartered at 308 Regent Chamber208 Nariman Point, Mumbai, Maharashtra, 400021.

When was Karwa Retail Private Limited incorporated?

Karwa Retail Private Limited was incorporated on 22 January 1971.

Who are the current directors of Karwa Retail Private Limited?

The current directors of Karwa Retail Private Limited are

What is the primary industry of Karwa Retail Private Limited?

The primary industry of Karwa Retail Private Limited is Trade.

Is Karwa Retail Private Limited a listed company?

Karwa Retail Private Limited is unlisted.

What is the capital structure of Karwa Retail Private Limited?

The authorized capital of Karwa Retail Private Limited is ₹2.50 M, and the paid-up capital is ₹0.94 M.

What is the compliance status of Karwa Retail Private Limited?

The compliance status of Karwa Retail Private Limited is Compliant.

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