About Karnavati Finance Ltd 
Karnavati Finance Ltd
Micro Cap
Miscellaneous
Karnavati Finance Limited was originally Incorporated as `Karnavati Finance And Leasing Limited' at Mumbai on December 5, 1984 and received Certificate of Commencement of Business on May 7, 1985 by Registrar of Companies, Mumbai. The Company name was then changed to "Karnavati Finance Limited" on December 11, 1989. The Company is a NBFC registered with RBI to carry on NBFC activities. KFL is a Non-Banking Finance Company, holding a Certificate of Registration from the Reserve Bank of India.
Company Coordinates 
Company Details
705 Palm Spring Centre, Link Road Malad (West) Mumbai Maharashtra : 400064
Registrar Details
Capital Structure 
Present Equity Capital
INR 10.05 Cr
Number of Shares
10.05 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
24-Feb-2023
10.05
10.05
90450000
1
Stock Split
30-May-2017
1
10.05
1690000
10
Allotment of Equity To Others
05-Feb-2015
83.6
8.36
2580000
10
Public Issues
05-Feb-2015
83.6
8.36
2580000
10
Public Issues
27-Sep-2014
57.8
5.78
2000000
10
Allotment of Equity Shares To Promoter & Others
27-Sep-2014
57.8
5.78
2000000
10
Allotment of Equity Shares To Promoter & Others
09-May-2011
37.8
3.78
780000
10
Allotment of Equity Shares To Promoter & Others
09-May-2011
37.8
3.78
780000
10
Allotment of Equity Shares To Promoter & Others
30-Apr-2011
3
3.00
1000000
10
Allotment of Equity Shares To Promoter & Others
30-Apr-2011
3
3.00
1000000
10
Allotment of Equity Shares To Promoter & Others
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Raman P Morzaria (29.24%)
Highest Public shareholder
Beeline Capital Advisors Private Limited (6.73%)
Individual Investors Holdings
27.07%
Management
Designation
Remuneration
Jay R Morzaria
Managing Director
12.0 lacs
Raman P Morzaria
Whole-time Director
9.0 lacs
Brimda Bilimoria
Independent Director
0
Parth Maniar.
Independent Director
0
Akansha Rai
Company Sec. & Compli. Officer
0
VINESH KUMAR
Non Executive Director
0
Ashish Nandkishor Batavia
Chairman & Non Executive Dir.
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Interest Income
3.24
100.00%
Interest Income
Revenue and Profits:
Net Sales:
0 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
Miscellaneous
INR 21 Cr (Micro Cap)
NA (Loss Making)
28
0.00%
1.29
-8.23%
1.74