KARNAVATI ENGINEERING LIMITED

Registered Office :
Address :Cadila Corporate Hous, Sarkheh Dholka Road , Bhat , Ahmedabad 382210, Gujarat , India .
Tel. No.:91-2718-225001
Fax No.:91-2718-225039
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SUMMARY
Incorporated 1981/07/13
Registration No. 04-4488
No. of Employees 144
Line of Business Manufacturer of Capsule Filling Machine, Packing Machines, Wrapping Machinery and Punches. Dyes.
Status Company is a very well established and reputed concern having good track records.
Payments Regular
Litigation Clear
Banking Reputation Good
Auditors
Name :Mukesh M. Shah and Company, Chartered Accountants
Address :1st Floor, H. K. House, Ashram Road, Ahmedabad 380 009, Gujarat, India
Tel No.:91-79-26585814/26580549
Fax No.:91-79-26581236


BRANCH

Located at :

International Branches :
Name :KARNAVATI AMERICA LLC
Address :9801 Washingtonian Blvd, Suite 220 , Gaithersburg , MD 20878, USA
Voice :301 208 6785
Fax No.:301 208 6784
Mobile No.:240 620 7493

National Branches :
Sr.No.:Address :Tel. No.:
1Oxford Chamber, 6 th Floor, A' Wing Opposite Saki Vihar Telephone Exchange, Saki Vihar Road, Andheri (East) Mumbai - 40007291-22-2857 8474/7604/5
2D-1011, New Friends Colony, Opposite Mata Temple, New Delhi91-11-26326126
3No. 1/15, Hanumanthappa Layout, Ulssor Road, Bangalore 53004291-80-5321651/52
4Baddi, Himachal Pradesh, India
5Hyderabad, Andhra Pradesh, India
6Chennai, Tamilnadu, India



LEGAL FORM
Closely Held Public Limited Liability Company

DIRECTORS

DIRECTORS
Name :Mr. Indravadan A. Modi
Designation :Chairman Cum Managing Director
Address :13, Sajeev Baug, New Sharda Mandir Road, Paldi, Ahmedabad
Date of Birth/Age :1926/02/18
Qualification :B. Tech.
Experience :55 years
Date of Appointment :1981/07/13
Name :Dr. Rajiv Indravadan Modi
Designation :Director
Address :13, Sajeev Baug, New Sharda Mandir Road, Paldi, Ahmedabad
Date of Birth/Age :1960/05/09
Qualification :M. Sc., B. Tech, PHD
Experience :20 years
Date of Appointment1990/03/26
Name :Mr. R. Rajagopalan
Designation :Director
Address :148, 13 Cross, 1 Block, R T Nagar, Bangalore 560032, Karnataka, India
Date of Appointment2004/01/16
Name :Mrs. Shilaben L. Modi
Designation :Director
Address :13, Sajeev Baug, New Sharda Mandir Road, Paldi, Ahmedabad
Date of Birth/Age :1931/12/09
Date of Appointment1996/08/10
Name :Mrs. Monica R. Modi
Designation :Director
Address :13, Sajeev Baug, New Sharda Mandir Road, Paldi, Ahmedabad
Date of Birth/Age :1963/06/04
Date of Appointment1996/08/10



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN AS ON 30.09.2006
Names of ShareholdersNo. of Shares
Mr. Indravadan A. Modi74900
Mrs. Shilaben L. Modi74800
Mr. Indravadan A. Modi (Trustee of Mahendra Family Trust)200
Dr. Rajiv I. Modi600100
Total750000

AS ON 31.03.2007
CategoryPercentage
Directors or relatives of directors100.00



PRODUCTS DETAILS

Products:
Item Code NoProducts Descriptions
842230.01Capsule Filling Machine
842240.00Other Packing or Wrapping Machinery Punches and Dies
Tablet Presses
Tablet Presses Accessories
Dies and Punches
Capsule filling Machines
Capsule filling - Accessories
Packaging Machine
Kalweka Laboratory Equipment
Granulation Equipments
Turn Key Projects

Brand Names :
RIMEK


EXPORT DETAILS

Exports to :
Products :Pharmaceutical Machines
Countries :USA, Latin America, UK, Belgium, Indonesia, Russia


IMPORT DETAILS

Imports From :
Products :CNC Machines
Countries :Italy, Poland




TRADING TERMS

Terms :
Selling :L/C or Credit Terms
Purchasing :Cash & Credit Terms


TYPE OF CUSTOMERS

Customers :
End Users
TARO Israel
ISP Worldwide (China , India etc.)
WYETH (One of the world's top 20)
SPI Pharma (USA)
Daroupaksh (Iran)




BANKERS

Bankers :
Vijaya BankIndustrial Finance Branch, Kamdhenu Complex, Ambawadi, Ahmedabad 380015, Gujarat, India
Syndicate BankAshram Road, Ahmedabad, India

AUDITORS
Name :Mukesh M. Shah and Company, Chartered Accountants
Address :1st Floor, H. K. House, Ashram Road, Ahmedabad 380 009, Gujarat, India
Tel No.:91-79-26585814/26580549
Fax No.:91-79-26581236

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2008/03/312007/03/312006/03/31
Sales Turnover218.183333.190230.603
Other Income3.30134.7186.944
Total Income214.882298.472237.547
Profit/(Loss) Before Tax11.00618.12918.939
Provision for Taxation2.8787.482(7.065)
Profit/(Loss) After Tax8.12810.64711.874
Export Value106.365164.906139.416
Imports :
Stores & SparesNANA1.507
Capital GoodsNANA4.167
Purchase of Trading GoodsNANA7.056
Total ImportsNANA12.730
Expenditures :
Cost of Materials Consumed90.409114.45581.506
Purchase Of Trading Goods15.40675.212117.820
Personal Exp25.54720.65318.287
Deprecation9.7226.9070.000
Other Expenses62.79263.11645.700
Total Expenditure203.876280.343263.313




CAPITAL STRUCTURE

Capital Structure

Authorized Capital :
No. of SharesTypeValueAmount
3000000Equity ShareRs.10/- eachRs.30.000 Millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
3000000Equity SharesRs.10/- eachRs.30.000millions




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