MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0101535
Karma IT Advisors Private Limited
Karma IT Advisors Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.55 Lakh
▲ 9% YoY
Net profit · FY 2024
₹12.26 Lakh
Net margin 24.7%
EBITDA · FY 2024
₹42.63 Lakh
EBITDA margin 86%
Authorised capital
₹99 Lakh
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Karma IT Advisors Private Limited
Data last updated:
Karma IT Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01222MH1992PTC069645. Its GSTIN is 27AABCK3965A1ZR (Maharashtra).
The company has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹99 Lakh. It is led by directors Kamlakar Pandurang Shinde and Megha Rajen Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st C Wing Raj Residency Chs Ltd. Gujar Road Santacruz – West, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.55 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹12.26 Lakh (net margin 24.7%) and EBITDA of ₹42.63 Lakh (EBITDA margin 86%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 13% over five years.
Karma IT Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0101535). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01222MH1992PTC069645
Registration Number 069645
Incorporation Date 19 November 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0101535
Recognitions & Rankings of Karma IT Advisors
Contact details
Karma IT Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st C Wing Raj Residency Chs Ltd. Gujar Road Santacruz – West, Mumbai, Maharashtra, India – 400054
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
To see the full contact details of Karma IT Advisors Private Limited, buy the company report.
Comprehensive company report
Karma IT Advisors Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karma IT Advisors is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Karma IT Advisors Private Limited, buy the company report.
Financials of Karma IT Advisors Private Limited
FY 2025 filings availableKarma IT Advisors Private Limited reported revenue of ₹49.55 Lakh (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹49.55 Lakh ▲ 9%
Net profit · FY 2024
₹12.26 Lakh margin 24.7%
EBITDA · FY 2024
₹42.63 Lakh margin 86%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 35%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 47%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 9% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42.63 Lakh | ||||
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| Net Profit (PAT) | ₹12.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 86% | ||||
| Net Profit Margin | 24.7% | ||||
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To see the full financial statements and ratios of Karma IT Advisors Private Limited, buy the company report.
Board of directors of Karma IT Advisors Private Limited
Karma IT Advisors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlakar Pandurang Shinde Also directs: Neeom Studios LLP, Siddhiraj Realities Private Limited | Director | 25 Feb 2008 | 18 Years 7 Months | Current |
| Megha Rajen Shah Also directs: Maison Boulevard LLP, Nisargnupreet Infrastructure Private Limited | Director | 19 Nov 1992 | 33 Years 11 Months | Current |
Auditor
Karma IT Advisors Private Limited is audited by ASHOK D. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK D. SHAH & CO. | FY 2023 | 038275 |
Shareholding
The shareholding of Karma IT Advisors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karma IT Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karma IT Advisors 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 Karma IT Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karma IT Advisors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK3965A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karma IT Advisors Private Limited, buy the company report.
Recent activity
Karma IT Advisors Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Sagar Rajen Shah ceased to be Director on 08 Dec 2014.
AGM
Karma It Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karma It Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Sagar Rajen Shah ceased to be Director.
Ceased
Kamlakar Pandurang Shinde ceased to be Additional Director.
Appointed
Kamlakar Pandurang Shinde was appointed as Director.
Appointed
Megha Rajen Shah was appointed as Director.
Incorporation
19 Nov 1992
Karma It Advisors Private Limited was registered on 19 Nov 1992 with Roc Mumbai I & aged 33 years 11 months as per MCA records.
Frequently asked questions
Karma IT Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 November 1992 (34+ years old) and is registered under CIN U01222MH1992PTC069645.
Karma IT Advisors has 2 current directors:
- Kamlakar Pandurang Shinde - Director
- Megha Rajen Shah - Director
The latest financial statements of Karma IT Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karma IT Advisors is 27AABCK3965A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karma IT Advisors is U01222MH1992PTC069645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma IT Advisors was incorporated on 19 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Sagar Rajen Shah ceased to be Director on 08 Dec 2014. Kamlakar Pandurang Shinde ceased to be Additional Director on 30 Sep 2008. Kamlakar Pandurang Shinde was appointed as Director on 25 Feb 2008. Karma IT Advisors has 4 board changes on record in total.
Yes, Karma IT Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0101535).
The registered office of Karma IT Advisors is at 1st C Wing Raj Residency Chs Ltd. Gujar Road Santacruz – West, Mumbai, Maharashtra, India – 400054.
Karma IT Advisors operates in the information technology industry, in the IT consulting and support services segment.