Karvy Financial Services Profile
Key Indicators
- Authorised Capital ₹ 205.00 Cr
- Paid Up Capital ₹ 78.25 Cr
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2,818.74 Cr
- Revenue Growth -59.32%
- Profit Growth -215.12%
- Ebitda -178.77%
- Net Worth -25.71%
- Total Assets -24.51%
About Karvy Financial Services
Karvy Financial Services Limited (KFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 2001 and has a history of 23 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Karvy Financial Services P Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 205.00 Cr and a paid-up capital of Rs 78.25 Cr.
The company has closed loans amounting to ₹2,818.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karvy Financial Services Limited India are Bhalchandra Jadhav as CFO and Shikha Sangodkar as Company Secretary. Mahesh Vijayagopal, Bhagwan Narang, and Jyothi Prasad serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190MH2001PLC227379
- Company No.
227379
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Oct 2001
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Karvy Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhalchandra Jadhav | CFO | 07-Nov-2024 | Current |
| Shikha Sangodkar | Company Secretary | 20-Sep-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Vijayagopal  | Director | 17-Jul-2009 | Current |
| Bhagwan Narang | Director | 31-Oct-2012 | Current |
| Jyothi Prasad | Director | 30-Jun-2015 | Current |
Financial Performance of Karvy Financial Services.
Karvy Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.32% decrease. The company also saw a substantial fall in profitability, with a 215.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karvy Financial Services?
In 2023, Karvy Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Karvy Insurance Repository LimitedMahesh Vijayagopal is a mutual person
Karvy Innotech LimitedMahesh Vijayagopal is a mutual person
Karvy Insights LimitedMahesh Vijayagopal is a mutual person
Karvy Stock Broking LimitedBhagwan Narang and Jyothi Prasad are mutual person
Karvy Digikonnect LimitedMahesh Vijayagopal is a mutual person
Hero Corporate Service Private LimitedBhagwan Narang is a mutual person
Charges (Loans)
₹0
₹2,818.74 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 350.00 Cr
- Bank Of India : 350.00 Cr
- Idbi Bank Limited : 200.00 Cr
- Canara Bank : 175.00 Cr
- Others : 158.74 Cr
- Others : 1585.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2017 | Others | ₹100.00 Cr | Satisfied |
| 17 Nov 2016 | Canara Bank | ₹75.00 Cr | Satisfied |
| 15 Feb 2016 | Small Industries Development Bank Of India | ₹50.00 Cr | Satisfied |
| 29 Dec 2015 | Andhra Bank | ₹25.00 Cr | Satisfied |
| 07 Dec 2015 | State Bank Of India | ₹200.00 Cr | Satisfied |
How Many Employees Work at Karvy Financial Services?
Karvy Financial Services has a workforce of 17 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karvy Financial Services, 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 Karvy Financial Services's trajectory.
Rating
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
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.
