About Arkance in Private Limited
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Arkance in Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1995PTC018704. Its GSTIN is 29AAACK8290K1ZZ (Karnataka). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.71 Cr. It was formerly known as Kruthi Computer Services Private Limited. It is led by directors including Rajiv Kumar (Managing Director) and Shikha Sethia.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 6 2nd Floor Service Road 2nd Stage West Of Chord Road Mahalakshmipuram, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2023, the company reported a revenue of ₹241.53 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹10.28 Cr (net margin 4.3%) and EBITDA of ₹13.79 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over five years.
The company has about 244 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Capricot Technologies. As per MCA filings, the company has open charges of ₹13 Lakh and satisfied charges of ₹19.29 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 3 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹22.07 Cr; the latest was in May 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website capricot.com.
Company details
Contact details
Arkance in Private Limited's registered office is in Bangalore, Karnataka. Its website is capricot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 6 2nd Floor Service Road 2nd Stage West Of Chord Road Mahalakshmipuram, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, IT Products Retail & Distribution, Application Development & Software Solutions
To see the full contact details of Arkance in 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
Arkance in operates one associated brand: Capricot Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of BPO services for information technology | capricot.com |
Business activity
The main business activity of Arkance in 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 Arkance in Private Limited, buy the company report.
Financials of Arkance in Private Limited
FY 2024 filings availableArkance in Private Limited reported revenue of ₹241.53 Cr (up 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 32% growth in the latest year. EBITDA rose 143% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹241.53 Cr | ||||
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| EBITDA | ₹13.79 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Arkance in Private Limited, buy the company report.
Board of directors of Arkance in Private Limited
Arkance in has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shikha Sethia Also directs: Spice Islands Industries Limited | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Gregoire Jean Michel Arranz | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Rajiv Kumar | Managing Director | 23 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Arkance in Private Limited is audited by KIRTANE & PANDIT,LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRTANE & PANDIT,LLP | FY 2023 | 105215W |
Shareholding
The shareholding of Arkance in 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 Arkance in Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2021 | 100428084 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 03 Jul 2015 | 10589028 | Others | ₹12 Cr | Satisfied | |
| 02 Jul 2014 | 10508626 | Yes Bank Limited | ₹3.8 Cr | Satisfied | |
| 28 Jun 2011 | 10295067 | Bank of India | ₹40 Lakh | Satisfied | |
| 29 Jul 2008 | 10118999 | Bank of India | ₹5.5 Lakh | Satisfied |
To see the full charge records of Arkance in Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Arkance in Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹22.07 Cr; the latest was in May 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Vinzero Pte Limited, A2K Holding Pty Limited Seller: 4 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Vinzero Pte Limited Seller: RIB Limited |
| Dec 2019 | Funding round | ₹14.1 Cr | Investors: RIB Limited |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹7.25 Cr | Investors: 4 individuals |
To see the full deal history of Arkance in Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arkance in Private Limited has 7 court cases on record: 6 filed by Arkance in, 1 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed against the company by HMT Machine Tools Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Wild Plant Terrestrial Solutions Private Limited | Disposed |
| District court, South West, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sumadhur Geomatic Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Arkance in Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arkance in Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Arkance in Private Limited has a workforce of 244 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Arkance in has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK8290K1ZZ | Karnataka | Active | 01 Jul 2017 |
| 07AAACK8290K1Z5 | Delhi | Active | 01 Jul 2017 |
| 08AAACK8290K1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 27AAACK8290K1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arkance in Private Limited, buy the company report.
Recent activity
Arkance in Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Chakresh Jain ceased to be Director on 23 Sep 2024.
23 earlier events are in the company report.
Frequently asked questions
Arkance in is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 September 1995 (31+ years old) and is registered under CIN U72200KA1995PTC018704.
Arkance in has 3 current directors:
- Rajiv Kumar - Managing Director
- Shikha Sethia - Director
- Gregoire Jean Michel Arranz - Director
The latest financial statements of Arkance in on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Arkance in is 29AAACK8290K1ZZ, registered in Karnataka. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 07AAACK8290K1Z5 (Delhi), 08AAACK8290K1Z3 (Rajasthan), 27AAACK8290K1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Arkance in is U72200KA1995PTC018704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arkance in has 7 court cases on record: 6 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Arkance in was incorporated on 05 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Arkance in has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹22.07 Cr; the latest was in May 2023.
Chakresh Jain ceased to be Director on 23 Sep 2024. Rajiv Kumar was appointed as Managing Director on 23 Sep 2024. Gregoire Jean Michel Arranz was appointed as Director on 19 Apr 2024. Arkance in has 10 board changes on record in total.
Arkance in can be reached through the website capricot.com. Its registered office is in Bangalore, Karnataka, India.