Karvy Next Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 15.01 Cr
- Company Age 7 Year, 5 Months
- Last Filing with ROC 31 Mar 2020
- Revenue Growth 584.68%
- Profit Growth -372.47%
- Ebitda -380.31%
- Net Worth -22.88%
- Total Assets 42.19%
About Karvy Next
Karvy Next Limited (KNL) is a Public Limited Indian Non-Government Company incorporated in India on 04 October 2017 (Seven years and five months 8 days old ). Its registered office is in Rangareddy, Telangana, India.
The Corporate was formerly known as Karvy Tech Serve Limited. The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 15.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Vijayagopal, Srinivas Varma, and Sridhar Gudimella serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TG2017PLC119880
- Company No.
119880
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Oct 2017
- Date of AGM
30 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
E-Commerce
Karvy Next Limited
Explore comprehensive data for Karvy Next Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karvy Next?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivas Varma  | Additional Director | 19-Aug-2021 | Current |
| Mahesh Vijayagopal | Director | 04-Oct-2017 | Current |
| Sridhar Gudimella | Additional Director | 13-Dec-2021 | Current |
Financial Performance of Karvy Next.
Karvy Next Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 584.68% increase. The company also saw a substantial fall in profitability, with a 372.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.88%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Karvy Next?
In 2020, Karvy Next 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)
Sciknow Techno Solutions LimitedSrinivas Varma is a mutual person
Karvy Insurance Repository LimitedMahesh Vijayagopal and Srinivas Varma are mutual person
Karvy Innotech LimitedMahesh Vijayagopal is a mutual person
Karvy Insights LimitedMahesh Vijayagopal is a mutual person
Karvy Digikonnect LimitedMahesh Vijayagopal, Srinivas Varma and 1 more are mutual person
Karvy Financial Services LimitedMahesh Vijayagopal is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karvy Next?
Karvy Next has a workforce of 1 employees as of Apr 08, 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 Next, 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 Next'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.
Latest Updates, News, and FAQs on Karvy Next
Recent activity within the organization
- Director Appointment
Sridhar Gudimella was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2021 & has been associated with this company since 3 years 2 months .
- Director Appointment
Srinivas Penmetsa Varma was appointed as a Additional Director was appointed as a Additional Director on 19 Aug 2021 & has been associated with this company since 3 years 6 months .
- Annual General Meeting
Karvy Next Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
- Balance Sheet
Karvy Next Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
- Director Appointment
Mahesh Vijayagopal was appointed as a Director was appointed as a Director on 04 Oct 2017 & has been associated with this company since 7 years 5 months .
- Company Incorporation
Karvy Next Limited was registered on 04 Oct 2017 with Roc Hyderabad & aged 7 years 5 months as per MCA records.
Recent News, Updates & Announcement
IONIC Brands Signs LOI to Acquire Licensed Cannabis Volatile Extraction and Manufacturing Assets of Kavry Managment LLC./PRNewswire/ -- IONIC Brands Corp., formerly Zara Resources Inc. (CSE: IONC) ("IONIC BRANDS" or the "Company") announces today that it has entered into a....
- MG Capital Forms Strategic Distribution Partnership With Karvy Middle East.
/PRNewswire/ -- MG Capital, a leading private equity real estate management firm, and Karvy Middle East LLC ("KME"), part of India's Karvy Group, announced....
- Small Business Loan Portfolio Acquired for $200 Million with Mape Advisors' Assistance, Led by Former Executives from Top Banks.
When you buy a small business loan portfolio for $200 million, but only bring in $40 million yourself. Other buyers were interested, but you sealed the deal with the help of Mape Advisors. The company will be headed by former executives from HDFC Bank and Kotak Mahindra Bank. The deal will focus on low ticket size business loans and loans against gold. ICRA says there will be an upfront equity infusion of Rs 845 crore. Karvy Group and Arpwood Partners did not respond to queries..
Frequently asked questions
What is the Incorporation or founding date of Karvy Next Limited?
Karvy Next Limited was incorporated on 04 Oct 2017.
What is authorized share capital and paid-up capital of Karvy Next Limited?
The authorized share capital of Karvy Next Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.01 Cr.
Who are the current board members & directors of Karvy Next Limited?
Currently 3 directors are associated with Karvy Next Limited.
- Mahesh Vijayagopal
- Srinivas Penmetsa Varma
- Sridhar Gudimella
What is the registered address of Karvy Next Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karvy Next Limited is Karvy Gateway Plot No. 38 39 Financial District, Nanakramguda India, Hyderabad, Telangana, 500032.
What is the corporate identification number (CIN) and company number of Karvy Next Limited?
The corporate identification number (CIN) of Karvy Next Limited is U72900TG2017PLC119880 and the company number is 119880 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karvy Next Limited?
The Official website of Karvy Next Limited is https://www.karvy.com
What has been the recent revenue trend for Karvy Next Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Karvy Next Limited has risen by 584.68%.
How many employees does Karvy Next Limited currently have?
As Per 2020 financial reports, 1 employees are currently employed by Karvy Next Limited.
What change has been observed in the net worth of Karvy Next Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Karvy Next Limited has experienced an downturn of -22.88%.
When was the last Balance Sheet of Karvy Next Limited filed with the ROC?
The most recent Balance Sheet for Karvy Next Limited was filed with the ROC on 31 Mar 2020.
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