About Karix Mobile Private Limited
Data last updated:
Karix Mobile Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Banyan Investements Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the mobile value-added services (vas) segment of the telecommunications sector. It was incorporated on 08 August 2000.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2000PTC134316. Its GSTIN is 06AACCA8496P1ZX (Haryana). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹3.53 Cr. It was formerly known as Karix India Private Limited. It was led by directors including Seshanuradha Chava and Deepak Satyaprakash Goyal.
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 was at Tanla Technology Centre Hi – Tech City Road Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2019, the company reported a revenue of ₹802.87 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Cr (net margin 0.7%) and EBITDA of ₹24.13 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 36% over five years.
The company had about 284 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Karix. As per MCA filings, the company had open charges of ₹105 Cr and satisfied charges of ₹188 Cr on record. Court records list 27 cases involving the company, including 18 filed by the company and 9 filed against it; 7 cases are pending.
The last known website on record is karix.com.
Company details
Name history
Karix Mobile has undergone 9 name changes throughout its history. The current legal name is Karix Mobile Private Limited.
| Company Name | Status |
|---|---|
| Karix Mobile Private Limited | Current |
| Karix India Private Limited | Previous |
| First Digit India Private Limited | Previous |
| Air2web India Private Limited | Previous |
| First Digit Mobility Private Limited | Previous |
| Mgage India Private Limited | Previous |
| First Digit Mobile Private Limited | Previous |
| First Digit Private Limited | Previous |
| Velti India Private Limited | Previous |
CIN history
Karix Mobile has one previous CIN (Corporate Identification Number): U72900TN2000PTC045531. The current CIN is U72900TG2000PTC134316, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2000PTC134316 | Current |
| U72900TN2000PTC045531 | Previous |
Contact details
Karix Mobile Private Limited's registered office is in Hyderabad, Telangana. Its website is karix.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressTanla Technology Centre Hi – Tech City Road Madhapur, Hyderabad, Telangana, India – 500081
- IndustryTelecom, Mobile Value-Added Services (VAS)
To see the full contact details of Karix Mobile 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
Financials of Karix Mobile Private Limited
FY 2019 filings availableKarix Mobile Private Limited reported revenue of ₹802.87 Cr (up 62% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 62% growth in the latest year. EBITDA fell 5% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹802.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.31 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Karix Mobile Private Limited, buy the company report.
Board of directors of Karix Mobile Private Limited
Karix Mobile has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seshanuradha Chava | Director | 10 Apr 2019 | 7 Years 6 Months | As last reported |
| Deepak Satyaprakash Goyal | Director | 09 Apr 2015 | 11 Years 6 Months | As last reported |
| Amrita Gangotra Also directs: Ityukt Digital Solutions LLP, United Spirits Limited, Triveni Turbine Limited and 5 more | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
| Sanjay Baweja Also directs: Baan Associates LLP, Tenon Facility Management India Private Limited, Karam Chand Thapar & Bros (Coal Sales ) Ltd and 2 more | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
| Rohit Bhasin Also directs: Yatra Online Limited, Icici Bank Limited, Star Health and Allied Insurance Company Limited and 4 more | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
Auditor
Karix Mobile Private Limited is audited by MANOHAR CHOWDHRY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHAR CHOWDHRY & ASSOCIATES | FY 2019 | 001997S |
Shareholding
The shareholding of Karix Mobile Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karix Mobile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2019 | 100274319 | Hdfc Bank Limited | ₹105 Cr | Open | |
| 26 Apr 2017 | 100093470 | Others | ₹85 Cr | Satisfied | |
| 31 Mar 2015 | 10567778 | Others | ₹62 Cr | Satisfied | |
| 17 Nov 2014 | 10534839 | Others | ₹40 Cr | Satisfied | |
| 31 Dec 2010 | 10256769 | Icici Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Karix Mobile Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Karix Mobile Private Limited has 27 court cases on record: 18 filed by Karix Mobile, 9 filed against it. 7 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 2 | 1 |
| High courts | 12 | 7 | 6 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Adcanopus Digital Media Pvt Ltd., | Pending |
| District court, Yamunanagar, Haryana | Civil suit | Filed against the company by Hence Digital Telematics Pvt Ltd Through Prince Malik | Disposed |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by Core Innovative Designs LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Skorydov Systems Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Skorydov Systems Private Limited | Disposed |
To see the full case history of Karix Mobile 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 Karix Mobile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Karix Mobile has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Unicel Technologies Private Limited | U72200TG2003PTC134318 |
To see the full group structure of Karix Mobile Private Limited, buy the company report.
Employees & EPFO
Karix Mobile Private Limited has a workforce of 284 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Karix Mobile has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCA8496P1ZX | Haryana | Active | 01 Jul 2017 |
| 27AACCA8496P1ZT | Maharashtra | Active | 01 Jul 2017 |
| 33AACCA8496P1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karix Mobile Private Limited, buy the company report.
Recent activity
Karix Mobile Private Limited has 14 board changes on record since 2008: 5 appointments and 9 cessations. The latest: Amrita Gangotra was appointed as Director on 30 Sep 2019.
17 earlier events are in the company report.
News
Frequently asked questions
Karix Mobile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Karix Mobile was a private limited company based in Hyderabad, Telangana, India. The company worked in mobile value-added services (vas), within the telecom industry. It was incorporated on 08 August 2000 and is registered under CIN U72900TG2000PTC134316. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Karix Mobile was incorporated on 08 August 2000. It is registered with the Registrar of Companies, Hyderabad.
Karix Mobile had 5 directors:
- Seshanuradha Chava - Director
- Deepak Satyaprakash Goyal - Director
- Amrita Gangotra - Director
- Sanjay Baweja - Director
- Rohit Bhasin - Director
The CIN (Corporate Identification Number) of Karix Mobile is U72900TG2000PTC134316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karix Mobile is at Tanla Technology Centre Hi – Tech City Road Madhapur, Hyderabad, Telangana, India – 500081.
Karix Mobile can be reached through the website karix.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Karix Mobile 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 GSTIN of Karix Mobile is 06AACCA8496P1ZX, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCA8496P1ZT (Maharashtra), 33AACCA8496P1Z0 (Tamil Nadu).
Karix Mobile operated in the telecom industry, in the mobile value-added services (vas) segment.