Startup India Government of India
Karnet Solutions (OPC) Private Limited - telecommunication in Tumkur, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹32.02 Lakh
▲ 31% YoY
Net profit · FY 2024
₹52,149
Net margin 1.6%
EBITDA · FY 2024
₹1.57 Lakh
EBITDA margin 4.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Karnet Solutions (OPC) Private Limited
Data last updated:
Karnet Solutions (OPC) Private Limited is a one person company based in Tumkur, Karnataka, India, recognised as a startup by DPIIT. It operates in the radio and television programmes segment of the telecommunications sector. It was incorporated on 09 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64200KA2022OPC159840.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santhosh Kumar Hanumaiah Nagarathna and Rohini Siddaraju (Nominee).
Its latest financial statements are for the year ended 31 March 2024. The registered office is at No 2 Tm Ramu Arcade Puttaswamaiahna Palya Siragate Sathyamangala Road, Tumkur, Karnataka, India – 572106.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.02 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹52,149 (net margin 1.6%) and EBITDA of ₹1.57 Lakh (EBITDA margin 4.9%).
Karnet Solutions (OPC) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0014024). For more details, the company can be reached via its website karnetbroadband.com.
Company details
CIN U64200KA2022OPC159840
Registration Number 159840
Incorporation Date 09 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-25-0014024
Recognitions & Rankings of Karnet Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-25-0014024
Contact details
Karnet Solutions (OPC) Private Limited's registered office is in Tumkur, Karnataka.
- Registered AddressNo 2 Tm Ramu Arcade Puttaswamaiahna Palya Siragate Sathyamangala Road, Tumkur, Karnataka, India – 572106
- IndustryTelecommunication, Radio And Television Programmes
Comprehensive company report
Karnet Solutions (OPC) 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
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Business activity
The main business activity of Karnet Solutions is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Karnet Solutions (OPC) Private Limited, buy the company report.
Financials of Karnet Solutions (OPC) Private Limited
FY 2024 filings availableKarnet Solutions (OPC) Private Limited reported revenue of ₹32.02 Lakh (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹32.02 Lakh ▲ 31%
Net profit · FY 2024
₹52,149 margin 1.6%
EBITDA · FY 2024
₹1.57 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
EBITDA CAGR growth
1 year
▲ 161%
Revenue rose 31% in the latest year. EBITDA rose 161% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹1.57 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹52,149 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.9% | |
| Net Profit Margin | 1.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Karnet Solutions (OPC) Private Limited, buy the company report.
Board of directors of Karnet Solutions (OPC) Private Limited
Karnet Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhosh Kumar Hanumaiah Nagarathna | Director | 09 Apr 2022 | 4 Years 6 Months | Current |
| Rohini Siddaraju | Nominee | 09 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Karnet Solutions (OPC) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Guru Netcom Private Limited | ₹32.37 Lakh (FY 2025) | 6.0% | Raipur, Chhattisgarh, India | |||
| Roopsheel Marketing Private Limited | ₹32.16 Lakh (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Mangalamplus Multiservices Private Limited | ₹32.16 Lakh (FY 2022) | Patna, Bihar, India | ||||
| Nagad Wallet India Private Limited | ₹32.15 Lakh (FY 2024) | Gmc, Assam, India | ||||
| Shivani Communication (India) Private Limited | ₹32.04 Lakh (FY 2023) | 10.0% | New Delhi, Delhi, India | |||
| Karnet Solutions (OPC) Private Limitedthis company | ₹32.02 Lakh (FY 2024) | ₹52,149 | 1.6% | 31.0% | Tumkur, Karnataka, India | |
| Viking Network Private Limited | ₹31.98 Lakh (FY 2022) | 17.0% | Mumbai, Maharashtra, India | |||
| Mikros Kosmos Private Limited | ₹31.96 Lakh (FY 2025) | -97.0% | Kolkata, West Bengal, India | |||
| Intelli Networks Infra Private Limited | ₹31.87 Lakh (FY 2025) | 268.0% | Hyderabad, Telangana, India | |||
| Galactic Infotech Solutions Private Limited | ₹31.82 Lakh (FY 2022) | -39.0% | Mohali, Punjab, India | |||
| Abs Broadband Services Private Limited | ₹31.79 Lakh (FY 2021) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Karnet Solutions (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karnet Solutions (OPC) 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 Karnet Solutions (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karnet Solutions (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karnet Solutions (OPC) Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Rohini Siddaraju was appointed as Nominee on 09 Apr 2022.
Filing
Karnet Solutions (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Rohini Siddaraju was appointed as Nominee.
Appointed
Santhosh Kumar Hanumaiah Nagarathna was appointed as Director.
Incorporation
09 Apr 2022
Karnet Solutions (Opc) Private Limited was registered on 09 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.
Frequently asked questions
Karnet Solutions is an active company based in Tumkur, Karnataka, India. The company works in radio and television programmes, within the telecommunication industry. It was incorporated on 09 April 2022 (4+ years old) and is registered under CIN U64200KA2022OPC159840.
Karnet Solutions has 2 current directors:
- Santhosh Kumar Hanumaiah Nagarathna - Director
- Rohini Siddaraju - Nominee
The latest financial statements of Karnet Solutions on record with the MCA are for the year ended 31 March 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Karnet Solutions is U64200KA2022OPC159840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnet Solutions was incorporated on 09 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Karnet Solutions by revenue are Guru Netcom Private Limited, Roopsheel Marketing Private Limited, Mangalamplus Multiservices Private Limited, Nagad Wallet India Private Limited, Shivani Communication (India) Private Limited and 5 more, all in the same principal business activity (wired, wireless or satellite telecommunication activities).
Rohini Siddaraju was appointed as Nominee on 09 Apr 2022. Santhosh Kumar Hanumaiah Nagarathna was appointed as Director on 09 Apr 2022.
Yes, Karnet Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Karnet Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-25-0014024).
Karnet Solutions can be reached through the website karnetbroadband.com. Its registered office is in Tumkur, Karnataka, India.
The registered office of Karnet Solutions is at No 2 Tm Ramu Arcade Puttaswamaiahna Palya Siragate Sathyamangala Road, Tumkur, Karnataka, India – 572106.