About Emart Solutions India Private Limited
Data last updated:
Emart Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 02 July 2009.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC050306. Its GSTIN is 29AACCE2272R1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.73 Cr. It is led by directors including Chhavi Aggarwal and Ravindranath Narayana Rao (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 102 #M001 Mazzanine Floor Triguna Icon #21 Arekampanahalli Hosur Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.45 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹21.28 Lakh and EBITDA of -₹10.82 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 75% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: E-commerce solution and eMart Solutions. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹8.56 Cr; the latest was in September 2018. Its 10 peer companies in the Business Services industry (Customer Loyalty Solutions) are compared by revenue, 5 larger and 5 smaller; the largest is Super1wallet Innovations Private Limited with revenue of ₹5.04 Lakh.
The last known website on record is emartsolutions.in.
Company details
Contact details
Emart Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is emartsolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address102 #M001 Mazzanine Floor Triguna Icon #21 Arekampanahalli Hosur Road, Bangalore, Karnataka, India – 560027
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
To see the full contact details of Emart Solutions India 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
Emart Solutions India operates two associated brands: E-commerce solution and eMart Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive e-commerce solutions for businesses. | emartsolution.in | |
| Loyalty solutions are provided for businesses in multiple sectors. | emartsolutions.com |
Financials of Emart Solutions India Private Limited
FY 2021 filings availableEmart Solutions India Private Limited reported revenue of ₹1.45 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years. EBITDA fell 111% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.28 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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To see the full financial statements and ratios of Emart Solutions India Private Limited, buy the company report.
Board of directors of Emart Solutions India Private Limited
Emart Solutions India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhavi Aggarwal | Director | 01 Nov 2019 | 6 Years 11 Months | As last reported |
| Ravindranath Narayana Rao | Irp/Rp/Liquidator | 06 Nov 2024 | 1 Years 11 Months | As last reported |
| Manoj Joy P | Director | 28 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Emart Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the Business Services industry (Customer Loyalty Solutions), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super1wallet Innovations Private Limited | ₹5.04 Lakh (FY 2022) | -41.0% | Delhi, India | |||
| Ssagc Marketing Services Private Limited | ₹3.75 Lakh (FY 2023) | Nellore, Andhra Pradesh, India | ||||
| Swapna Marketing Private Limited | ₹2.78 Lakh (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Amero Research & Loyalty Solutions Private Limited | ₹1.92 Lakh (FY 2019) | -89.0% | Ahmedabad, Gujarat, India | |||
| Stealth Bridge Private Limited | ₹1.68 Lakh (FY 2025) | -99.0% | Budh Vihar Pooth Kalan, Delhi, India | |||
| Emart Solutions India Private Limitedthis company | ₹1.45 Lakh (FY 2021) | -₹21.28 Lakh | -100.0% | Bangalore, Karnataka, India | ||
| NKF Global Services Private Limited | ₹37,940 (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Infinity Stonex India Private Limited | ₹32,643 (FY 2024) | -54.0% | Jaipur, Rajasthan, India | |||
| Kapish Infolinks Private Limited | ₹30,000 (FY 2025) | -100.0% | Delhi, India | |||
| Intex Furniture Private Limited | ₹29,738 (FY 2024) | -6.0% | New Delhi, Delhi, India | |||
| Big Loyalty India Private Limited | ₹25,281 (FY 2021) | -80.0% | New Delhi, Delhi, India |
To see the full peer comparison of Emart Solutions India Private Limited, buy the company report.
Auditor
Emart Solutions India Private Limited is audited by T RAMACHANDRAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T RAMACHANDRAN & CO | FY 2020 | 009009S |
Shareholding
The shareholding of Emart Solutions India Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Emart Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2012 | 10378951 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Emart Solutions India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Emart Solutions India Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹8.56 Cr; the latest was in September 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2017 | Funding round | ₹45.8 Lakh | Investors: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹83.5 Lakh | Investors: 4 individuals |
To see the full deal history of Emart Solutions India 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
Emart Solutions India Private Limited has 2 court cases on record: 2 filed by Emart Solutions India. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
To see the full case history of Emart Solutions India 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 Emart Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Emart Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE2272R1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emart Solutions India Private Limited, buy the company report.
Recent activity
Emart Solutions India Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Ravindranath Narayana Rao was appointed as Irp/Rp/Liquidator on 06 Nov 2024.
3 earlier events are in the company report.
Frequently asked questions
Emart Solutions India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Emart Solutions India is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 02 July 2009 and is registered under CIN U72200KA2009PTC050306. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Emart Solutions India has 3 current directors:
- Chhavi Aggarwal - Director
- Manoj Joy P - Director
- Ravindranath Narayana Rao - Irp/Rp/Liquidator
The latest financial statements of Emart Solutions India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Emart Solutions India is U72200KA2009PTC050306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emart Solutions India has no open charges and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Emart Solutions India has 2 court cases on record: 2 filed by the company. 1 is pending.
Emart Solutions India was incorporated on 02 July 2009. It is registered with the Registrar of Companies, Bangalore.
Emart Solutions India has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹8.56 Cr; the latest was in September 2018.
The peers of Emart Solutions India by revenue are Super1wallet Innovations Private Limited, Ssagc Marketing Services Private Limited, Swapna Marketing Private Limited, Amero Research & Loyalty Solutions Private Limited, Stealth Bridge Private Limited and 5 more, all in the Business Services industry (Customer Loyalty Solutions).
Ravindranath Narayana Rao was appointed as Irp/Rp/Liquidator on 06 Nov 2024. Chhavi Aggarwal ceased to be Additional Director on 31 Dec 2020. Manoj Joy P ceased to be Additional Director on 31 Dec 2020. Emart Solutions India has 9 board changes on record in total.