Checkmate Services Private Limited - Company Profile

It is a business services private limited company based in Vadodara, Gujarat, India, established in 1992.

1992 Vadodara, Gujarat, India Active

Last Updated: December 17, 2025

About Checkmate Services Private Limited

Checkmate Services Private Limited, a active private limited company, was established on 30 June 1992 in Vadodara, Gujarat, India. Engaging in security & surveillance within the support service to organizations sector, it holds CIN: U74999GJ1992PTC017920. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Employing 43,012 professional, Its leadership includes Vikram Pratapsingh Mahurkar (Managing Director), Hiren Dilipkumar Bhatt (Director), Sharmila Vikram Mahurkar (Director). Past directors included Parul Naubatrai Samalia, Hiren Dilipkumar Bhatt, Sharmila Vikram Mahurkar. It holds ₹585.72 Cr open charges and ₹215.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Block No. 1, Office No. 1115 To 1120, 11 Floor, 73 Eastavenue,, Sarabhai Campus, Nr. Genda Circle, Vadiwala,, Vadodara, Gujarat, 390023.

Company Details

CIN/LLPIN
U74999GJ1992PTC017920
Registration Number
017920
Incorporation Date
30 June 1992
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹5.00 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 17-12-2025
Paid Up Capital ₹ 5.00 Cr as on 17-12-2025
Company Age 33 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 585.72 Cr as on 17-12-2025
Satisfied Charges ₹ 215.14 Cr as on 17-12-2025
Revenue Growth **** 22.91% (FY 2023)
Profit Growth **** 159.38% (FY 2023)
Ebitda **** 14.14% (FY 2023)
Net Worth 4.02% (FY 2023)
Total Assets **** 15.93% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Checkmate Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Checkmate Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vikram Pratapsingh Mahurkar	Managing Director	30 Jun 1992	Current
Hiren Dilipkumar Bhatt	Director	04 Nov 2022	Current
Sharmila Vikram Mahurkar	Director	30 Jun 1992	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	01 May 2014	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Checkmate Services.

Checkmate Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.91% increase. The company also saw a substantial improvement in profitability, with a 159.38% increase in profit. The company's net worth moved up by a moderate rise of 4.02%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

22.91%

*******

Revenue from Operations

*******

22.31%

*******

Total Assets

*******

15.93%

*******

Profit or Loss

*******

159.38%

*******

Net Worth

*******

4.02%

*******

EBITDA

*******

14.14%

*******

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What is the Ownership and Shareholding Structure of Checkmate Services?

In 2023, Checkmate Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,857,248,020.00

Satisfied Charges

₹2,151,405,333.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 456.00 Cr
Others : 111.51 Cr
Hdfc Bank Limited : 14.05 Cr
Axis Bank Limited : 4.16 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Oct 2025	Others	₹0.65 M	Open
09 Oct 2025	Others	₹0.09 M	Open
08 Oct 2025	Others	₹2.99 Cr	Open
29 Sep 2025	Others	₹4.97 Cr	Open
28 Aug 2025	Axis Bank Limited	₹4.16 Cr	Open

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How Many Employees Work at Checkmate Services?

Checkmate Services has a workforce of 43012 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Checkmate Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Checkmate Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Checkmate Services

Recent Activity within the Organization

Charges

Progress on A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101183973 was registered on 29 Oct 2025. was documented.
29 Oct 2025
Charges

Progress on A charge registered on 29 Jun 2022 via Charge ID 100587246 with Others was fully satisfied on 17 Oct 2025. was documented.
17 Oct 2025
Charges

The activity A charge with Others amounted to Rs. 0.01 Cr with Charge ID 101183792 was registered on 09 Oct 2025. was completed.
09 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 2.99 Cr with Charge ID 101175354 was registered on 08 Oct 2025. was documented.
08 Oct 2025
Charges

A charge registered on 09 May 2022 via Charge ID 100571130 with Hdfc Bank Limited was fully satisfied on 07 Oct 2025. was recorded as a recent event.
07 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 4.97 Cr with Charge ID 101174367 was registered on 29 Sep 2025. was documented.
29 Sep 2025

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