Karvy Next Limited

Provides E-commerce services, including catalogues, photo shoots, logistics, and digital marketing.

2017 | Rangareddy, Telangana (India) | Active
Last Updated: December 19, 2024

Karvy Next Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 15.01 Cr
  • Company Age 7 Year, 3 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 three months 29 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

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

Board Members (3)

Name Designation Appointment Date Status
Srinivas Varma Country flag representing In Additional Director 19-Aug-2021 Current
Mahesh Vijayagopal Country flag representing In Director 04-Oct-2017 Current
Sridhar Gudimella Country flag representing In 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%.

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
584.68%
Revenue from Operations
584.53%
Total Assets
42.19%
Profit or Loss
-372.47%
Net Worth
-22.88%
EBITDA
-380.31%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 1 month .

    13 Dec 2021

  • 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 5 months .

    19 Aug 2021

  • Annual General Meeting

    Karvy Next Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.

    30 Dec 2020

  • Balance Sheet

    Karvy Next Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • 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 3 months .

    04 Oct 2017

  • Company Incorporation

    Karvy Next Limited was registered on 04 Oct 2017 with Roc Hyderabad & aged 7 years 3 months as per MCA records.

    04 Oct 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Karvy Next Limited was incorporated on 04 Oct 2017.

  • The authorized share capital of Karvy Next Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.01 Cr.

  • Currently 3 directors are associated with Karvy Next Limited.

    • Mahesh Vijayagopal
    • Srinivas Penmetsa Varma
    • Sridhar Gudimella
  • 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.

  • The corporate identification number (CIN) of Karvy Next Limited is U72900TG2017PLC119880 and the company number is 119880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karvy Next Limited is https://www.karvy.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Karvy Next Limited has risen by 584.68%.

  • As Per 2020 financial reports, 1 employees are currently employed by Karvy Next Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Karvy Next Limited has experienced an downturn of -22.88%.

  • The most recent Balance Sheet for Karvy Next Limited was filed with the ROC on 31 Mar 2020.

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