Karanams Business Solutions Private Limited
About Karanams Business Solutions Private Limited
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Karanams Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2020PTC140925. Its GSTIN is 29AAICK4353M1ZZ (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepa Pandith and Kuduvalli Nageshrao Manjunatha Panditha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.125 3rd Floor Nagappa Layout Krishnappa Block Vasanthapura, Bangalore, Karnataka, India – 560061.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,700 (net margin 13%) and EBITDA of ₹1.41 Lakh (EBITDA margin 68.9%).
Company details
Contact details
Karanams Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.125 3rd Floor Nagappa Layout Krishnappa Block Vasanthapura, Bangalore, Karnataka, India – 560061
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Karanams Business 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
Business activity
The main business activity of Karanams Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Karanams Business Solutions Private Limited
FY 2024 filings availableKaranams Business Solutions Private Limited reported revenue of ₹2.05 Lakh (up 2919% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.05 Lakh | ||
| Other Income | |||
| Total Revenue | |||
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| Total Expenses | |||
| EBITDA | ₹1.41 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,700 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 68.9% | ||
| Net Profit Margin | 13% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Karanams Business Solutions Private Limited, buy the company report.
Board of directors of Karanams Business Solutions Private Limited
Karanams Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Pandith Also directs: Karanams Academy Private Limited, Ancestry Millets Private Limited, Klaricite Private Limited and 1 more | Director | 11 Nov 2020 | 6 Years 0 Months | Current |
| Kuduvalli Nageshrao Manjunatha Panditha Also directs: Luminai Cite Private Limited, Karanams Academy Private Limited | Director | 11 Nov 2020 | 6 Years 0 Months | Current |
Auditor
Karanams Business Solutions Private Limited is audited by Kopalli Mallikarjuna & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kopalli Mallikarjuna & Co. | FY 2023 | 014788S |
Shareholding
The shareholding of Karanams Business Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karanams Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karanams Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karanams Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karanams Business Solutions Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
GST
Karanams Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICK4353M1ZZ | Karnataka | Active | 02 May 2022 |
To see the full GST registrations and return filing status of Karanams Business Solutions Private Limited, buy the company report.
Recent activity
Karanams Business Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Deepa Pandith was appointed as Director on 11 Nov 2020.
Frequently asked questions
Karanams Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U72200KA2020PTC140925.
Karanams Business Solutions has 2 current directors:
- Deepa Pandith - Director
- Kuduvalli Nageshrao Manjunatha Panditha - Director
The latest financial statements of Karanams Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Karanams Business Solutions is 29AAICK4353M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Karanams Business Solutions is U72200KA2020PTC140925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karanams Business Solutions was incorporated on 11 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Deepa Pandith was appointed as Director on 11 Nov 2020. Kuduvalli Nageshrao Manjunatha Panditha was appointed as Director on 11 Nov 2020.
The registered office of Karanams Business Solutions is at No.125 3rd Floor Nagappa Layout Krishnappa Block Vasanthapura, Bangalore, Karnataka, India – 560061.
Karanams Business Solutions operates in the information technology industry, in the application development and software solutions segment.
Karanams Business Solutions can be reached at its registered office: No.125 3rd Floor Nagappa Layout Krishnappa Block Vasanthapura, Bangalore, Karnataka, India – 560061.
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