Maa Karni Multitrade Private Limited
About Maa Karni Multitrade Private Limited
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Maa Karni Multitrade Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U52100CT2009PTC021064. Its GSTIN is 22AAFCM9340M1Z9 (Chhattisgarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.1 Lakh. It is led by directors including Dhiraj Sethia and Astha Sethia.
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 Ramdev Market Banjari Chowk Gole Bazar, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.95 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 7.3%) and EBITDA of ₹1.59 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRamdev Market Banjari Chowk Gole Bazar, Raipur, Chhattisgarh, India – 492001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Maa Karni Multitrade Private Limited
The main business activity of Maa Karni Multitrade is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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.
Financials of Maa Karni Multitrade Private Limited FY 2025 filings available
Maa Karni Multitrade Private Limited reported revenue of ₹15.95 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maa Karni Multitrade Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 16% growth in the latest year. EBITDA rose 73% 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 Maa Karni Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.17 Cr | •••• | •••• | •••• | •••• |
| 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 Maa Karni Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| 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 Maa Karni Multitrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maa Karni Multitrade Private Limited
Maa Karni Multitrade Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dharmik Gems Private Limited | ₹16.19 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Goldmart Jewels Private Limited | ₹16.11 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Diva Classic Jewels and Gems Private Limited | ₹16.09 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Delhi, India |
| Ivana Lifestyle Private Limited | ₹16.01 Cr (FY 2025) | •••• | •••• | 659.0% | •••• | Surat, Gujarat, India |
| JMR Jewellers Private Limited | ₹15.96 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Maa Karni Multitrade Private Limited this company | ₹15.95 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Raipur, Chhattisgarh, India |
| Sanskar Gold Private Limited | ₹15.94 Cr (FY 2025) | •••• | •••• | 410.0% | •••• | Mumbai, Maharashtra, India |
| Kiran Fine Jewellers Private Limited | ₹15.93 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Jaipur, Rajasthan, India |
| Mani Web Solutions Private Limited | ₹15.91 Cr (FY 2024) | •••• | •••• | 966.0% | •••• | Mumbai, Maharashtra, India |
| Nanesh Jewel Craft Private Limited | ₹15.9 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| K P Verma Jewellers Private Limited | ₹15.86 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Ranchi, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Maa Karni Multitrade by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maa Karni Multitrade Private Limited
Maa Karni Multitrade Private Limited is audited by NIMANI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIMANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maa Karni Multitrade Private Limited
Maa Karni Multitrade has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Sethia | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Astha Sethia | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Pramod Kumar Sethia | Director | 19 Feb 2009 | 17 Years 7 Months | Current |
| Manjula Devi Sethia Also directs: Nyne8 Elite Private Limited | Director | 16 Mar 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Maa Karni Multitrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maa Karni Multitrade Private Limited
Maa Karni Multitrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maa Karni Multitrade Private Limited
Employment history and EPFO contributions of people linked to Maa Karni Multitrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maa Karni Multitrade Private Limited
Maa Karni Multitrade Private Limited has 8 board changes on record since 2009: 6 appointments and 2 cessations. The latest: Sarita Devi Kotadiya ceased to be Director on 25 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Maa Karni Multitrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maa Karni Multitrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maa Karni Multitrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maa Karni Multitrade Private Limited
Maa Karni Multitrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCM9340M1Z9 | Chhattisgarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maa Karni Multitrade Private Limited
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
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maa Karni Multitrade Private Limited
Maa Karni Multitrade is an active private limited company based in Raipur, Chhattisgarh, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 February 2009 (17+ years old) and is registered under CIN U52100CT2009PTC021064.
Maa Karni Multitrade reported revenue of ₹15.95 Cr for FY 2024 (up 16% YoY).
Maa Karni Multitrade has 4 current directors:
- Dhiraj Sethia - Director
- Astha Sethia - Director
- Pramod Kumar Sethia - Director
- Manjula Devi Sethia - Director
Maa Karni Multitrade reported a net profit of ₹1.17 Cr (net margin 7.3%) and EBITDA of ₹1.59 Cr (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maa Karni Multitrade is 33% over three years and 25% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maa Karni Multitrade is 22AAFCM9340M1Z9, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Maa Karni Multitrade is U52100CT2009PTC021064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Karni Multitrade was incorporated on 19 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Maa Karni Multitrade by revenue are Dharmik Gems Private Limited, Goldmart Jewels Private Limited, Diva Classic Jewels and Gems Private Limited, Ivana Lifestyle Private Limited, JMR Jewellers Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Sarita Devi Kotadiya ceased to be Director on 25 Mar 2022. Shailendra Kumar Kotadiya ceased to be Director on 25 Mar 2022. Astha Sethia was appointed as Director on 24 Mar 2022. Maa Karni Multitrade has 8 board changes on record in total.
The registered office of Maa Karni Multitrade is at Ramdev Market Banjari Chowk Gole Bazar, Raipur, Chhattisgarh, India – 492001.