Karvy Innotech Limited

IT services company offering a wide range of services for businesses and consumers.

2012 | Delhi (India) | Active
Last Updated: December 21, 2024

Karvy Innotech Profile

Key Indicators

  • Authorised Capital ₹ 102.10 Cr
  • Paid Up Capital ₹ 10.50 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 100.00 Cr
  • Satisfied Charges ₹ 5,777.00 Cr
  • Revenue Growth -25.24%
  • Profit Growth -289.25%
  • Ebitda -289.38%
  • Net Worth -9.75%
  • Total Assets -6.67%

About Karvy Innotech

Karvy Innotech Limited (KIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 2012 and has a history of 12 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Hcl Services Limited. 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 102.10 Cr and a paid-up capital of Rs 10.50 Cr.

The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹5,777.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karvy Innotech Limited India are Akilesh Kaudapu as CFO and Amardeep Garg as Company Secretary. Mahesh Vijayagopal, Ravi Venkatraman, and Preetam Gupta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U93000DL2012PLC242938

  • Company No.

    242938

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2012

  • Date of AGM

    07 May 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

Who are the key members and board of directors at Karvy Innotech?

Executive Team (3)

NameDesignationAppointment DateStatus
Ravi Venkatraman Country flag representing In Managing Director15-Jun-2018Current
Akilesh Kaudapu CFO23-Aug-2021Current
Amardeep Garg Company Secretary05-Mar-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Mahesh Vijayagopal Country flag representing In Director 15-Jun-2018Current
Preetam Gupta Country flag representing In Director 18-Aug-2022Current

Financial Performance of Karvy Innotech.

Karvy Innotech Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.24% decrease. The company also saw a substantial fall in profitability, with a 289.25% decrease in profit. The company's net worth dipped by a decrease of 9.75%.

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
-25.24%
Revenue from Operations
-29.02%
Total Assets
-6.67%
Profit or Loss
-289.25%
Net Worth
-9.75%
EBITDA
-289.38%

What is the Ownership and Shareholding Structure of Karvy Innotech?

In 2023, Karvy Innotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 Cr

Satisfied Charges

₹5,777.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2019Others₹100.00 CrOpen
22 May 2017Sbicap Trustee Company Limited₹435.00 CrSatisfied
30 Mar 2017Sbicap Trustee Company Limited₹1,780.00 CrSatisfied
02 Feb 2017Others₹150.00 CrSatisfied
02 Feb 2017Others₹100.00 CrSatisfied

How Many Employees Work at Karvy Innotech?

Karvy Innotech has a workforce of 491 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karvy Innotech, 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 Innotech'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 Karvy Innotech

Recent activity within the organization

  • Annual General Meeting

    Karvy Innotech Limited last Annual general meeting of members was held on 07 May 2024 as per latest MCA records.

    07 May 2024

  • Director Appointment

    Amardeep Garg was appointed as a Company Secretary was appointed as a Company Secretary on 05 Mar 2024 & has been associated with this company since 11 months 19 days .

    05 Mar 2024

  • Balance Sheet

    Karvy Innotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Preetam Kumar Gupta was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 6 months .

    18 Aug 2022

  • Director Appointment

    Akilesh Kumar Kaudapu was appointed as a Cfo was appointed as a Cfo on 23 Aug 2021 & has been associated with this company since 3 years 6 months .

    23 Aug 2021

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100092539 with Sbicap Trustee Company Limited was fully satisfied on 13 May 2021.

    13 May 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Karvy Innotech Limited was incorporated on 28 Sep 2012.

  • The authorized share capital of Karvy Innotech Limited is ₹ 102.10 Cr and paid-up capital is ₹ 10.50 Cr.

  • Currently 5 directors are associated with Karvy Innotech Limited.

    • Mahesh Vijayagopal
    • Ravi Venkatraman
    • Preetam Kumar Gupta
    • Akilesh Kumar Kaudapu
    • Amardeep Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karvy Innotech Limited is Office No. 106 Plot S 524, First Floor Shakarpur India, New Delhi, 110092.

  • The corporate identification number (CIN) of Karvy Innotech Limited is U93000DL2012PLC242938 and the company number is 242938 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karvy Innotech Limited is https://www.karvyinnotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karvy Innotech Limited has fallen by -25.24%.

  • As Per 2023 financial reports, 491 employees are currently employed by Karvy Innotech Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karvy Innotech Limited has experienced an downturn of -9.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karvy Innotech Limited amount to ₹ 100.00 Cr.

  • The most recent Balance Sheet for Karvy Innotech Limited was filed with the ROC on 31 Mar 2023.

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