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 The company has 1 GST registration on record, which is no longer active.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 3 filed against it; 1 case is pending.
The last known website on record is cardpro.in.
Company details
Contact details
Card Pro Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is cardpro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.135 1st Flr A To Zindl. Estate Lower Parel Bombay., Mumbai, Maharashtra, India
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Card Pro 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
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
The main business activity of Card Pro Solutions is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Card Pro Solutions Private Limited, buy the company report.
Financials of Card Pro Solutions Private Limited
FY 2019 filings availableCard Pro Solutions Private Limited reported revenue of ₹3.03 Cr (down 70% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
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| Total Revenue | ₹3.03 Cr | ||||
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| EBITDA | -₹15.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.35 Cr | ||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Card Pro Solutions Private Limited, buy the company report.
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 |
Auditor
Card Pro Solutions Private Limited is audited by SAGAR JARIWALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR JARIWALA & CO | FY 2019 | 138044W |
Shareholding
The shareholding of Card Pro Solutions Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Card Pro Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2011 | 10316381 | Others | ₹6.09 Cr | Satisfied | |
| 05 Mar 2010 | 10209123 | Hdfc Bank Limited | ₹3.14 Cr | Satisfied | |
| 20 Oct 1997 | 80058387 | Bank of Baroda | ₹5 Lakh | Satisfied |
To see the full charge records of Card Pro Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Card Pro Solutions Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Reliance Asset Reconsturction Company Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Baroda (Erstwhile Dena Bank )Through B.K.Lal | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Card Pro Solutions 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.
Credit ratings & regulatory alerts
Card Pro Solutions Private Limited was last rated by Care on 24 Nov 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Nov 2025 |
To see the full credit ratings and regulatory alerts of Card Pro Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Card Pro Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Card Pro Solutions Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Kishin Nanikram Gidwani - Director
- Vasu Goyal - Additional Director
- Prem Prakash Singh - Additional Director
- Prabhjit Singh Soni - Irp/Rp/Liquidator
The latest financial statements of Card Pro Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
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: 3 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.
Kajal Vikas Choudhary ceased to be Director on 27 Apr 2025. Kishin Nanikram Gidwani ceased to be Director on 27 Apr 2025. Prem Prakash Singh was appointed as Additional Director on 21 Apr 2025. Card Pro Solutions has 8 board changes on record in total.
Card Pro Solutions can be reached through the website cardpro.in. Its registered office is in Mumbai, Maharashtra, India.