
About Card Pro Solutions Private Limited
Data last updated:
Card Pro Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 29 September 1988.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1988PTC049003. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.12 Cr. It was formerly known as Kamal Offset Private Limited. It is led by directors including Prabhjit Singh Soni (Irp/Rp/Liquidator) and Kishin Nanikram Gidwani.
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 is at Unit No.135 1st Flr A To Zindl. Estate Lower Parel Bombay., Mumbai, Maharashtra, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.03 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -44.5%) and EBITDA of -₹15.74 Lakh (EBITDA margin -5.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
The company is associated with 1 brand: Card Pro Solutions. As per MCA filings, the company has open charges of ₹6.09 Cr and satisfied charges of ₹9.28 Cr on record. Court records list 3 cases involving the company, including 2 filed against it; 1 case is pending.
The last known website on record is cardpro.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No.135 1st Flr A To Zindl. Estate Lower Parel Bombay., Mumbai, Maharashtra, India
- IndustryTelecom, Telecom Equipment & Tech Solutions
- 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 Card Pro Solutions Private Limited
Card Pro Solutions operates one associated brand: Card Pro Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers face recognition-based authentication solutions. | cardpro.in |
Business Activity of Card Pro Solutions Private Limited
The main business activity of Card Pro Solutions is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media | 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 Card Pro Solutions Private Limited FY 2019 filings available
Card Pro Solutions Private Limited reported revenue of ₹3.03 Cr (down 70% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Card Pro Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 70% fall in the latest year. EBITDA fell 108% 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 Card Pro Solutions Private Limited
| 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 | ₹3.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹15.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.35 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 Card Pro Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -44.5% | •••• | •••• | •••• | •••• |
| 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 Card Pro Solutions are in the company report.
Financial statements from 2015
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 Card Pro Solutions Private Limited
Card Pro Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhjit Singh Soni | Irp/Rp/Liquidator | 16 Aug 2024 | 2 Years 2 Months | As last reported |
| Kishin Nanikram Gidwani | Director | 29 Sep 1988 | 38 Years 0 Months | As last reported |
| Vasu Goyal Also directs: Coverture Digital LLP, Sai Electrical Equipments LLP, Saishan Electrify LLP and 4 more | Additional Director | 21 Apr 2025 | 1 Years 6 Months | As last reported |
| Prem Prakash Singh | Additional Director | 21 Apr 2025 | 1 Years 6 Months | As last reported |
Peer Comparison of Card Pro Solutions Private Limited
Card Pro Solutions Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scribe4md System (OPC) Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| Rishon Communication Technologies Private Limited | ₹3.17 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Stel Fiber Electronics India Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Potent Infotech Private Limited | ₹3.04 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Bhopal, Madhya Pradesh, India |
| Bridgei2p Telecommunications Private Limited | ₹3.04 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bengaluru, Karnataka, India |
| Card Pro Solutions Private Limited this company | ₹3.03 Cr (FY 2019) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Begabung India Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Softeasy Networking Solutions Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Diode Infra Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Nagpur, Maharashtra, India |
| Seva Mobile & Multiservices Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Basmath, Maharashtra, India |
| Teraoctet Innovations Private Limited | ₹2.8 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Card Pro Solutions by revenue in the Telecom industry (Telecom Equipment and Technology), 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 Card Pro Solutions Private Limited
Card Pro Solutions Private Limited is audited by SAGAR JARIWALA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAGAR JARIWALA & CO | 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 Card Pro 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 Card Pro Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2011 | Others | ₹6.09 Cr | Satisfied |
| 05 Mar 2010 | Hdfc Bank Limited | ₹3.14 Cr | Satisfied |
| 20 Oct 1997 | Bank of Baroda | ₹5 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Card Pro Solutions Private Limited
Card Pro Solutions Private Limited has 3 court cases on record: 2 filed against it, 1 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Company is another party | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Baroda (Erstwhile Dena Bank ) | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Card Pro Solutions Private Limited
Employment history and EPFO contributions of people linked to Card Pro Solutions.
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 Card Pro Solutions Private Limited
Card Pro Solutions Private Limited has 8 board changes on record since 1988: 4 appointments and 4 cessations. The latest: Kajal Vikas Choudhary ceased to be Director on 27 Apr 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Card Pro 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 Card Pro 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Card Pro 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 Card Pro Solutions Private Limited
Card Pro Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Card Pro 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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Card Pro Solutions Private Limited
Card Pro Solutions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Card Pro Solutions is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 29 September 1988 and is registered under CIN U22219MH1988PTC049003. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Card Pro Solutions reported revenue of ₹3.03 Cr for FY 2019 (down 70% YoY).
Card Pro Solutions has 4 current directors:
- Kishin Nanikram Gidwani - Director
- Vasu Goyal - Additional Director
- Prem Prakash Singh - Additional Director
- Prabhjit Singh Soni - Irp/Rp/Liquidator
Card Pro Solutions reported a net loss of ₹1.35 Cr (net margin -44.5%) and EBITDA of -₹15.74 Lakh (EBITDA margin -5.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Card Pro Solutions is -43% over three years. In the latest year (FY 2019) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Card Pro Solutions is U22219MH1988PTC049003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Card Pro Solutions has open charges of ₹6.09 Cr and satisfied charges of ₹9.28 Cr as per latest MCA filings.
Card Pro Solutions has 3 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Card Pro Solutions was incorporated on 29 September 1988. It is registered with the Registrar of Companies, Mumbai.
The peers of Card Pro Solutions by revenue are Scribe4md System (OPC) Private Limited, Rishon Communication Technologies Private Limited, Stel Fiber Electronics India Private Limited, Potent Infotech Private Limited, Bridgei2p Telecommunications Private Limited and 5 more, all in the Telecom industry (Telecom Equipment and Technology).