MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0009044
Checkmate Facility and Electronic Solutions Private Limited - business services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹142.05 Cr
▲ 18% YoY
Net profit · FY 2025
₹4.2 Cr
Net margin 3%
EBITDA · FY 2025
₹6.93 Cr
EBITDA margin 4.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹21.27 Cr
Satisfied ₹9.64 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
6,671
Provident fund records
About Checkmate Facility and Electronic Solutions Private Limited
Data last updated:
Checkmate Facility and Electronic Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Checkmate Services Private Limited. It operates in the security and surveillance segment of the business services sector. It was incorporated on 15 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74920GJ2005PTC045497. Its GSTIN is 24AAACC8465A1Z1 (Gujarat). The company holds 51 GST registrations, of which 42 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Checkmate Management Services Private Limited. It is led by directors including Vikram Pratapsingh Mahurkar and Samarjeet Vikram Mahurkar.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹142.05 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 3%) and EBITDA of ₹6.93 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 22% over five years.
The company has about 6,671 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.27 Cr and satisfied charges of ₹9.64 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 5 cases are pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2015. Its 3 peer companies in the Business Services industry (Facility Management Services, Security Services), with the same principal business activity (security and investigation activities) are compared by revenue, 2 larger and 1 smaller; the largest is Checkmate Industrial Guards Private Limited with revenue of ₹147.37 Cr.
Checkmate Facility and Electronic Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009044). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website checkmateservices.com.
Company details
CIN U74920GJ2005PTC045497
Registration Number 045497
Incorporation Date 15 February 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Checkmate Services Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0009044
Key People
Vikram Pratapsingh Mahurkar Director Samarjeet Vikram Mahurkar Director Sharmila Vikram Mahurkar Director Recognitions & Rankings of Checkmate Facility and Electronic Solutions
Contact details
Checkmate Facility and Electronic Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is checkmateservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 1B Office No. 1113 11th Floor, 73 East Avenue Sarabhai Campus Nr. Genda Circle Vadiwadi Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Comprehensive company report
Checkmate Facility and Electronic Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Checkmate Facility and Electronic Solutions are support service to organizations and trade. In detail, this covers security and investigation activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Financials of Checkmate Facility and Electronic Solutions Private Limited
FY 2025 filings availableCheckmate Facility and Electronic Solutions Private Limited reported revenue of ₹142.05 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹142.05 Cr ▲ 18%
Net profit · FY 2025
₹4.2 Cr margin 3%
EBITDA · FY 2025
₹6.93 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 37%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 57%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. EBITDA rose 74% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.2 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Board of directors of Checkmate Facility and Electronic Solutions Private Limited
Checkmate Facility and Electronic Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Pratapsingh Mahurkar Also directs: Aadhar Hasta Foundation, Checkmate Services Private Limited | Director | 15 Feb 2005 | 21 Years 8 Months | Current |
| Samarjeet Vikram Mahurkar Also directs: Checkmate Alsok Integrated Services Private Limited | Director | 02 Sep 2025 | 1 Years 2 Months | Current |
| Sharmila Vikram Mahurkar Also directs: Aadhar Hasta Foundation, Checkmate Services Private Limited | Director | 15 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Checkmate Facility and Electronic Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Facility Management Services, Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Checkmate Industrial Guards Private Limited | ₹147.37 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Sainiik Integrated and Security Private Limited | ₹146.76 Cr (FY 2025) | -5.0% | Thane, Maharashtra, India | |||
| Checkmate Facility and Electronic Solutions Private Limitedthis company | ₹142.05 Cr (FY 2025) | ₹4.2 Cr | 3% | 18.0% | 6,671 | Vadodara, Gujarat, India |
| Boparai's Martial Security Private Limited | ₹139.99 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Auditor
Checkmate Facility and Electronic Solutions Private Limited is audited by PRAKASH CHANDRA JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH CHANDRA JAIN & CO | FY 2023 | 002438C |
Shareholding
The shareholding of Checkmate Facility and Electronic Solutions 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 Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.27 Cr
Satisfied charges
₹9.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2024 | 101007364 | Axis Bank Limited | ₹25 Lakh | Open | |
| 01 Feb 2023 | 100694403 | Hdfc Bank Limited | ₹1.22 Cr | Open | |
| 07 Oct 2019 | 100295202 | Others | ₹9.9 Cr | Open | |
| 07 Oct 2019 | 100295208 | Others | ₹9.9 Cr | Open | |
| 06 Sep 2022 | 100652367 | Hdfc Bank Limited | ₹7.35 Lakh | Satisfied |
To see the full charge records of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Checkmate Facility and Electronic Solutions Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2015.
Total deals
2
Secondary share transfer
1
Acquisition
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Checkmate Services Private Limited , Checkmate Services Private Limited & Vikram Mahurkar, Checkmate Services Private Limited & Sharmila Mahurkar Seller: 2 individuals |
| Mar 2014 | Acquisition | ₹49 Lakh | Buyer: Checkmate Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Checkmate Facility and Electronic Solutions Private Limited has 13 court cases on record: 12 filed by Checkmate Facility and Electronic Solutions, 1 filed against it. 5 cases are pending and 8 are disposed.
Total cases
13
Filed by the company
12
Filed against the company
1
Pending
5
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 4 | 0 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Dhoot Builders Private Limited | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Polymatic Plastic and Packaging | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against individuals | Pending |
| Supreme Court | Appeal | Filed against the company by Assistant Commissioner of Income Tax Circle 1-1-1 Surat | Disposed |
To see the full case history of Checkmate Facility and Electronic 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
Checkmate Facility and Electronic Solutions Private Limited was last rated by Crisil on 22 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jul 2020 |
To see the full credit ratings and regulatory alerts of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Checkmate Facility and Electronic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Checkmate Facility and Electronic Solutions Private Limited has a workforce of 6,671 employees on its EPFO records as of Apr 02, 2024, across 10 active EPFO establishments.
Employee count
6,671
Active EPFO establishments
10
Employee growth
66.19%
GST
Checkmate Facility and Electronic Solutions has 51 GST registrations: 42 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
51
Active
42
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC8465A1Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AACCC5367P1Z9 | Gujarat | Active | 01 Jul 2017 |
| 24AACCC5367P2Z8 | Gujarat | Active | 21 May 2018 |
| 24AAACC8465A2Z0 | Gujarat | Active | 22 May 2018 |
To see the full GST registrations and return filing status of Checkmate Facility and Electronic Solutions Private Limited, buy the company report.
Recent activity
Checkmate Facility and Electronic Solutions Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Samarjeet Vikram Mahurkar ceased to be Additional Director on 29 Sep 2025.
Charges
A charge registered on 06 Sep 2022 via Charge ID 100652367 with Hdfc Bank Limited was fully satisfied on 09 Dec 2025.
AGM
Checkmate Facility And Electronic Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Samarjeet Vikram Mahurkar ceased to be Additional Director.
Appointed
Samarjeet Vikram Mahurkar was appointed as Director.
Charges
A charge with Others of Rs. 990.00 Lakh registered on 07 Oct 2019 with Charge ID 100295208 was modified on 04 Aug 2025.
Charges
A charge with Others of Rs. 990.00 Lakh registered on 07 Oct 2019 with Charge ID 100295202 was modified on 21 Jul 2025.
Filing
Checkmate Facility And Electronic Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 101007364 was registered on 27 Nov 2024.
Charges
A charge registered on 04 Oct 2019 via Charge ID 100308312 with Axis Bank Limited was fully satisfied on 20 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 122.08 Lakh with Charge ID 100694403 was registered on 01 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.35 Lakh with Charge ID 100652367 was registered on 06 Sep 2022.
Charges
A charge registered on 27 Nov 2015 via Charge ID 10610396 with Citi Bank N.A. was fully satisfied on 21 Oct 2019.
12 earlier events are in the company report.
Frequently asked questions
Checkmate Facility and Electronic Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in security and surveillance, within the business services industry. It was incorporated on 15 February 2005 (21+ years old) and is registered under CIN U74920GJ2005PTC045497.
Checkmate Facility and Electronic Solutions has 3 current directors:
- Vikram Pratapsingh Mahurkar - Director
- Samarjeet Vikram Mahurkar - Director
- Sharmila Vikram Mahurkar - Director
The latest financial statements of Checkmate Facility and Electronic 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 2015 are in the company report.
The GSTIN of Checkmate Facility and Electronic Solutions is 24AAACC8465A1Z1, registered in Gujarat. The company has 51 GST registrations in all, of which 42 are active and 9 are cancelled or inactive. Other active GSTINs include 24AACCC5367P1Z9 (Gujarat), 24AACCC5367P2Z8 (Gujarat), 24AAACC8465A2Z0 (Gujarat).
The CIN (Corporate Identification Number) of Checkmate Facility and Electronic Solutions is U74920GJ2005PTC045497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Checkmate Facility and Electronic Solutions has 13 court cases on record: 12 filed by the company and 1 filed against it. 5 are pending. Most are in the high courts.
Checkmate Facility and Electronic Solutions was incorporated on 15 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Checkmate Facility and Electronic Solutions has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2015.
The peers of Checkmate Facility and Electronic Solutions by revenue are Checkmate Industrial Guards Private Limited, Sainiik Integrated and Security Private Limited, Boparai's Martial Security Private Limited, all in the Business Services industry (Facility Management Services, Security Services), with the same principal business activity (security and investigation activities).
Samarjeet Vikram Mahurkar ceased to be Additional Director on 29 Sep 2025. Samarjeet Vikram Mahurkar was appointed as Director on 02 Sep 2025. Sharmila Vikram Mahurkar ceased to be Managing Director on 30 Sep 2014. Checkmate Facility and Electronic Solutions has 6 board changes on record in total.
Yes, Checkmate Facility and Electronic Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0009044).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages