Kaar Technologies India Private Limited

Founded in 2005 and headquartered in Tamil Nadu, India.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Kaar Technologies India Profile

Key Indicators

  • Authorised Capital ₹ 7.80 M
  • Paid Up Capital ₹ 6.60 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 134.10 Cr
  • Satisfied Charges ₹ 125.03 Cr
  • Revenue Growth 57.32%
  • Profit Growth 39.51%
  • Ebitda 43.09%
  • Net Worth 15.18%
  • Total Assets 26.94%

About Kaar Technologies India

Kaar Technologies India Private Limited (KTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 2005 and has a history of 19 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.80 M and a paid-up capital of Rs 6.60 M.

The company currently has active open charges totaling ₹134.10 Cr. The company has closed loans amounting to ₹125.03 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2005PTC087065

  • Company No.

    087065

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2005

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Kaar Technologies India Private Limited offer?

Kaar Technologies India Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, ID Card, HR Consulting & Advisory, Human Resource Management, ERP Packages, Enterprises Resource Planning, Software Development Services, Customized Software Solution.

Who are the key members and board of directors at Kaar Technologies India?

Executive Team (1)

Name Designation Appointment Date Status
Nagarajan Maran Country flag representing In Managing Director 27-Jul-2005 Current

Board Members (7)

Name Designation Appointment Date Status
Balakrishnan Venkatraman Country flag representing In Director 16-Oct-2015 Current
Nagarajan Ratnakumar Country flag representing In Director 14-Feb-2007 Current
Gaurdian George Country flag representing In Director 24-May-2010 Current
Franciscus Damen Country flag representing Nl Director 26-Jun-2006 Current
Selvakumaran Manickam Country flag representing Sg Director 15-Oct-2010 Current
Gautam Mago Country flag representing In Nominee Director 26-Jun-2023 Current

Financial Performance of Kaar Technologies India.

Kaar Technologies India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.32% increase. The company also saw a substantial improvement in profitability, with a 39.51% increase in profit. The company's net worth Soared by an impressive increase of 15.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
57.32%
Revenue from Operations
61.14%
Total Assets
26.94%
Profit or Loss
39.51%
Net Worth
15.18%
EBITDA
43.09%

What is the Ownership and Shareholding Structure of Kaar Technologies India?

In 2023, Kaar Technologies India had a promoter holding of 77.21% and a public holding of 22.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,341.02 M

Satisfied Charges

₹1,250.28 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 49.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 43.00 Cr
  • Standard Chartered Bank : 23.60 Cr
  • Others : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2023 The Hongkong And Shanghai Banking Corporation Limited ₹43.00 Cr Open
27 Jun 2023 Others ₹18.00 Cr Open
18 Jan 2023 Standard Chartered Bank ₹6.02 M Open
18 Jan 2023 Standard Chartered Bank ₹20.00 Cr Open
18 Jan 2023 Standard Chartered Bank ₹3.00 Cr Open

How Many Employees Work at Kaar Technologies India?

Unlock and access historical data on people associated with Kaar Technologies India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kaar Technologies India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kaar Technologies India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Kaar Technologies India

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 430.00 M with Charge ID 100841985 was registered on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

    Kaar Technologies India Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge registered on 22 Sep 2021 via Charge ID 100492166 with Others was fully satisfied on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 180.00 M with Charge ID 100762071 was registered on 27 Jun 2023.

    27 Jun 2023

  • Director Appointment

    Gautam Mago was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jun 2023 & has been associated with this company since 1 year 7 months .

    26 Jun 2023

  • Director Appointment

    Kaushik Anand Kalyana Krishnan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jun 2023 & has been associated with this company since 1 year 7 months .

    26 Jun 2023

Frequently asked questions

  • Kaar Technologies India Private Limited was incorporated on 27 Jul 2005.

  • The authorized share capital of Kaar Technologies India Private Limited is ₹ 7.80 M and paid-up capital is ₹ 6.60 M.

  • Currently 8 directors are associated with Kaar Technologies India Private Limited.

    • Nagarajan Maran
    • Franciscus Damen
    • Nagarajan Ratnakumar
    • Balakrishnan Venkatraman
    • Gaurdian George
    • Selvakumaran Manickam
    • Gautam Mago
    • Kaushik Anand Kalyana Krishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kaar Technologies India Private Limited is No.136 Arcot Road 8Th Floor Shyamala Towers Saligramam, Chennai, Tamil Nadu, India, 600093.

  • The corporate identification number (CIN) of Kaar Technologies India Private Limited is U72200TN2005PTC087065 and the company number is 087065 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kaar Technologies India Private Limited is https://www.kaartech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kaar Technologies India Private Limited has risen by 57.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kaar Technologies India Private Limited has experienced an upsurge of 15.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kaar Technologies India Private Limited amount to ₹ 134.10 Cr.

  • The most recent Balance Sheet for Kaar Technologies India Private Limited was filed with the ROC on 31 Mar 2023.

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