About Karwa Spinners Private Limited
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Karwa Spinners Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 14 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U17115UP1995PTC017553. Its GSTIN is 09AABCK0132F1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.93 Lakh. It is led by directors Bharti Karwa and Lokendra Kumar Karawa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gopal Bagh Bhullanpur (Pac)Manduadih Varanasi, Uttar Pradesh, India – 221104.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.05 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹86.43 Lakh (net margin 28.3%) and EBITDA of ₹1.9 Cr (EBITDA margin 62.3%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹10.28 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karwaspinners.com.
Company details
Contact details
Karwa Spinners Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is karwaspinners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGopal Bagh Bhullanpur (Pac)Manduadih Varanasi, Uttar Pradesh, India – 221104
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Karwa Spinners 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
Business activity
The main business activity of Karwa Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Karwa Spinners Private Limited, buy the company report.
Financials of Karwa Spinners Private Limited
FY 2025 filings availableKarwa Spinners Private Limited reported revenue of ₹3.05 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 28% growth in the latest year. EBITDA rose 47% 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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| EBITDA | ₹1.9 Cr | ||||
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| Net Profit (PAT) | ₹86.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 62.3% | ||||
| Net Profit Margin | 28.3% | ||||
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To see the full financial statements and ratios of Karwa Spinners Private Limited, buy the company report.
Board of directors of Karwa Spinners Private Limited
Karwa Spinners has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Karwa Also directs: Karwa Yarn Private Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Lokendra Kumar Karawa Also directs: Karwa Yarn Private Limited, Tapovan Foundation | Director | 14 Feb 1995 | 31 Years 8 Months | Current |
Peer comparison
Karwa Spinners Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deepak Fashions Private Limited | ₹3.12 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Saav Tex Private Limited | ₹3.11 Cr (FY 2025) | -50.0% | Delhi, India | |||
| Illumin8 Blinds India Private Limited | ₹3.09 Cr (FY 2024) | Sriperumbudur, Tamil Nadu, India | ||||
| Sunil Foam Private Limited | ₹3.07 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Vaneeta Texcraft Private Limited | ₹3.06 Cr (FY 2025) | 20.0% | Ludhiana, Punjab, India | |||
| Karwa Spinners Private Limitedthis company | ₹3.05 Cr (FY 2025) | ₹86.43 Lakh | 28.3% | 28.0% | Varanasi, Uttar Pradesh, India | |
| Kalina Overseas Private Limited | ₹3.05 Cr (FY 2025) | -36.0% | New Delhi, Delhi, India |
To see the full peer comparison of Karwa Spinners Private Limited, buy the company report.
Auditor
Karwa Spinners Private Limited is audited by Deepak Yashdeep & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepak Yashdeep & Co | FY 2023 | 008869C |
Shareholding
The shareholding of Karwa Spinners 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 Karwa Spinners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2024 | 100893653 | Others | ₹9.98 Cr | Open | |
| 20 Aug 2004 | 90280629 | Union Bank of India | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Karwa Spinners Private Limited has 2 court cases on record: 1 filed by Karwa Spinners, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Varanasi, Uttar Pradesh | Civil suit | Filed against the company by an individual | Disposed |
| District court, Varanasi, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Disposed |
To see the full case history of Karwa Spinners 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 Karwa Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karwa Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCK0132F1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karwa Spinners Private Limited, buy the company report.
Recent activity
Karwa Spinners Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Bharti Karwa was appointed as Director on 01 Jul 2008.
Frequently asked questions
Karwa Spinners is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 14 February 1995 (31+ years old) and is registered under CIN U17115UP1995PTC017553.
Karwa Spinners has 2 current directors:
- Bharti Karwa - Director
- Lokendra Kumar Karawa - Director
The latest financial statements of Karwa Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karwa Spinners is 09AABCK0132F1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Karwa Spinners is U17115UP1995PTC017553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karwa Spinners has 2 court cases on record: 1 filed by the company and 1 filed against it.
Karwa Spinners was incorporated on 14 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Karwa Spinners by revenue are Deepak Fashions Private Limited, Saav Tex Private Limited, Illumin8 Blinds India Private Limited, Sunil Foam Private Limited, Vaneeta Texcraft Private Limited and 1 more, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Bharti Karwa was appointed as Director on 01 Jul 2008. Shrwan Kumar Karwa ceased to be Director on 01 Jul 2008. Lokendra Kumar Karawa was appointed as Director on 14 Feb 1995.
Karwa Spinners can be reached through the website karwaspinners.com. Its registered office is in Varanasi, Uttar Pradesh, India.
The registered office of Karwa Spinners is at Gopal Bagh Bhullanpur PacManduadih Varanasi, Uttar Pradesh, India – 221104.