About 42 Card Solutions Private Limited
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42 Card Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC141127. Its GSTIN is 29AABCZ6349K1ZN (Karnataka).
The company has an authorised share capital of ₹12.8 Lakh and a paid-up capital of ₹5.61 Lakh. It is led by directors including Amit Arvind Ratanpal and Gouri Srinivas Gorti.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.28 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹11.98 Cr (net margin -53.8%) and EBITDA of -₹17.05 Cr (EBITDA margin -76.5%). Revenue has grown at a compounded annual rate (CAGR) of 512% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: 42 Card Solutions. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹22.36 Cr; the latest was in January 2022. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Triburg Consultants Private Limited with revenue of ₹22.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 42cards.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 559 2nd Floor Aecs Layout, C Block Brookfield, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Associated Brands with 42 Card Solutions Private Limited
42 Card Solutions operates one associated brand: 42 Card Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Credit card solution provider for banks and other regulated financial institutions | 42cards.com |
Business Activity of 42 Card Solutions Private Limited
The main business activity of 42 Card Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of 42 Card Solutions Private Limited FY 2025 filings available
42 Card Solutions Private Limited reported revenue of ₹22.28 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of 42 Card Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 512% over three years, including 56% 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 of 42 Card Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹17.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.98 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of 42 Card Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -76.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of 42 Card Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of 42 Card Solutions Private Limited
42 Card Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Arvind Ratanpal Also directs: Quick Cashflow Capital Private Limited, Blinc Investment Management Private Limited, Famescore Private Limited and 3 more | Director | 08 May 2024 | 2 Years 5 Months | Current |
| Gouri Srinivas Gorti | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
| Srikant Madduri | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
Peer Comparison of 42 Card Solutions Private Limited
42 Card Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triburg Consultants Private Limited | ₹22.45 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Peoplebay Consultancy Services Private Limited | ₹22.43 Cr (FY 2023) | •••• | •••• | 77.0% | •••• | Chennai, Tamil Nadu, India |
| New Enterprise Associates (India) Private Limited | ₹22.36 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Foress Impex Private Limited | ₹22.32 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Dra Consultants Limited Listed | ₹22.3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Nagpur, Maharashtra, India |
| 42 Card Solutions Private Limited this company | ₹22.28 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| Targus India Private Limited | ₹22.26 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Kae Capital Management Private Limited | ₹22.24 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Market Search (India) Private Limited | ₹22.19 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Stylkraft Ventures Private Limited | ₹22.15 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
| GM Investment and Advisory Private Limited | ₹22.12 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below 42 Card Solutions by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of 42 Card Solutions Private Limited
42 Card Solutions Private Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PKF Sridhar & Santhanam LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of 42 Card Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of 42 Card Solutions Private Limited
42 Card Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of 42 Card Solutions Private Limited
42 Card Solutions Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹22.36 Cr; the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round · Seed | ₹22.35 Cr | Investors: Beenext, SIG, DMI Sparkle Fund |
| Jun 2021 | Funding round | ₹1.7 Lakh | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at 42 Card Solutions Private Limited
42 Card Solutions Private Limited has a workforce of 18 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on 42 Card Solutions Private Limited
42 Card Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Amit Arvind Ratanpal was appointed as Director on 08 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for 42 Card Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by 42 Card Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of 42 Card Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of 42 Card Solutions Private Limited
42 Card Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCZ6349K1ZN | Karnataka | Active | 05 Oct 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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MCA Filings & Documents of 42 Card Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Related news about 42 Card Solutions Private Limited
Frequently Asked Questions about 42 Card Solutions Private Limited
42 Card Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141127.
42 Card Solutions reported revenue of ₹22.28 Cr for FY 2025 (up 56% YoY).
42 Card Solutions has 3 current directors:
- Amit Arvind Ratanpal - Director
- Gouri Srinivas Gorti - Director
- Srikant Madduri - Director
42 Card Solutions reported a net loss of ₹11.98 Cr (net margin -53.8%) and EBITDA of -₹17.05 Cr (EBITDA margin -76.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of 42 Card Solutions is 512% over three years. In the latest year (FY 2025) revenue rose 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of 42 Card Solutions is 29AABCZ6349K1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of 42 Card Solutions is U72900KA2020PTC141127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
42 Card Solutions was incorporated on 17 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
42 Card Solutions has 2 deals on record (2 funding rounds), with disclosed funding of ₹22.36 Cr; the latest was in January 2022.
The peers of 42 Card Solutions by revenue are Triburg Consultants Private Limited, Peoplebay Consultancy Services Private Limited, New Enterprise Associates (India) Private Limited, Foress Impex Private Limited, Dra Consultants Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Amit Arvind Ratanpal was appointed as Director on 08 May 2024. Amit Arvind Ratanpal ceased to be Additional Director on 08 May 2024. Peruvemba Ramachandran Seshadri ceased to be Director on 11 Sep 2023. 42 Card Solutions has 6 board changes on record in total.