About Kaar Solutions India Private Limited
Data last updated:
Kaar Solutions India Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 July 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2005PTC094118. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Nagarajan Maran (Managing Director) and Nagarajan Ratnakumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No. 136 Arcot Road 8th Floor Shyamala Towers Saligramam, Chennai, Tamil Nadu, India – 600093.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.47 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.88 Cr and EBITDA of ₹17.63 Cr. Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 520% over five years.
The last known website on record is kaartech.com.
Company details
CIN history
Kaar Solutions India has one previous CIN (Corporate Identification Number): U72200TZ2005PTC012018. The current CIN is U72200TN2005PTC094118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TN2005PTC094118 | Current |
| U72200TZ2005PTC012018 | Previous |
Contact details
Kaar Solutions India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kaartech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 136 Arcot Road 8th Floor Shyamala Towers Saligramam, Chennai, Tamil Nadu, India – 600093
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kaar Solutions India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Kaar Solutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Kaar Solutions India Private Limited, buy the company report.
Financials of Kaar Solutions India Private Limited
FY 2019 filings availableKaar Solutions India Private Limited reported revenue of ₹21.47 Lakh (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 520% over five years, including 3% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.47 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.88 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Kaar Solutions India Private Limited, buy the company report.
Board of directors of Kaar Solutions India Private Limited
Kaar Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagarajan Ratnakumar Also directs: Kaar Technologies India Private Limited | Director | 14 Feb 2007 | 19 Years 8 Months | As last reported |
| Nagarajan Maran Also directs: Kaar Technologies India Private Limited | Managing Director | 27 Jul 2005 | 21 Years 3 Months | As last reported |
Auditor
Kaar Solutions India Private Limited is audited by A K RAJAGOPALAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K RAJAGOPALAN & CO | FY 2019 | 003405S |
Shareholding
The shareholding of Kaar Solutions India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kaar Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kaar Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kaar Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kaar Solutions India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kaar Solutions India Private Limited, buy the company report.
Recent activity
Kaar Solutions India Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Anguswamy Rangarajan ceased to be Director on 29 Jan 2010.
News
Frequently asked questions
Kaar Solutions India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kaar Solutions India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 27 July 2005 and is registered under CIN U72200TN2005PTC094118. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kaar Solutions India was incorporated on 27 July 2005. It is registered with the Registrar of Companies, Chennai.
Kaar Solutions India had 2 directors:
- Nagarajan Maran - Managing Director
- Nagarajan Ratnakumar - Director
The CIN (Corporate Identification Number) of Kaar Solutions India is U72200TN2005PTC094118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kaar Solutions India is at No. 136 Arcot Road 8th Floor Shyamala Towers Saligramam, Chennai, Tamil Nadu, India – 600093.
Kaar Solutions India can be reached through the website kaartech.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Kaar Solutions India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Kaar Solutions India has 1 GST registration on record and it is cancelled or inactive.
Kaar Solutions India operated in the information technology industry, in the IT consulting and support services segment.
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