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.
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.
Company details
Contact details
42 Card Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is 42cards.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 559 2nd Floor Aecs Layout, C Block Brookfield, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of 42 Card Solutions 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
Brands
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
The main business activity of 42 Card Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of 42 Card Solutions Private Limited, buy the company report.
Financials of 42 Card Solutions Private Limited
FY 2025 filings available42 Card Solutions Private Limited reported revenue of ₹22.28 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹17.05 Cr | ||||
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| Net Profit (PAT) | -₹11.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -76.5% | ||||
| Net Profit Margin | -53.8% | ||||
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To see the full financial statements and ratios of 42 Card Solutions Private Limited, buy the company report.
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 |
Auditor
42 Card Solutions Private Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2023 | 003990S |
Shareholding
The shareholding of 42 Card Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of 42 Card Solutions Private Limited, buy the company report.
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving 42 Card Solutions 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 42 Card Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
42 Card Solutions Private Limited has a workforce of 18 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
42 Card Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCZ6349K1ZN | Karnataka | Active | 05 Oct 2021 |
To see the full GST registrations and return filing status of 42 Card Solutions Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Amit Arvind Ratanpal - Director
- Gouri Srinivas Gorti - Director
- Srikant Madduri - Director
The latest financial statements of 42 Card Solutions 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 FY 2021 are in the company report.
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.
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.
42 Card Solutions can be reached through the website 42cards.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of 42 Card Solutions is at No. 559 2nd Floor Aecs Layout, C Block Brookfield, Bangalore, Karnataka, India – 560037.