About Karnex Software Solutions Private Limited
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Karnex Software Solutions Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2019PTC063826. Its GSTIN is 08AAHCK4749A1ZL (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Karnex Software Solutions (Opc) Private Limited. It is led by directors Karan Banwari Singh and Neelam.
Its latest financial statements are for the year ended 31 March 2024. The registered office is at P – 57 Surya Vatika Niwaru Road Jhotwara, Jaipur, Rajasthan, India – 302012.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.12 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹65 Lakh (net margin 4%) and EBITDA of ₹1.35 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karnex.business.site.
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- Registered AddressP – 57 Surya Vatika Niwaru Road Jhotwara, Jaipur, Rajasthan, India – 302012
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Karnex Software Solutions Private Limited
The main business activity of Karnex Software Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karnex Software Solutions Private Limited FY 2024 filings available
Karnex Software Solutions Private Limited reported revenue of ₹16.12 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Karnex Software Solutions Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 48% 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 of Karnex Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹65 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Karnex Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karnex Software Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karnex Software Solutions Private Limited
Karnex Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rawcubes India Private Limited | •••• | •••• | •••• | •••• | 39 | Noida, Uttar Pradesh, India |
| Hi-Tech Accurate Communication Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Itech India Private Limited | •••• | •••• | •••• | •••• | 311 | Chennai, Tamil Nadu, India |
| Information and Communication Technology Academy of Kerala | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Sunoida Solutions Private Limited | •••• | •••• | •••• | •••• | 91 | Chennai, Tamil Nadu, India |
| Karnex Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Datastat Technologies Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Formonic Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Innovation Incubator Advisory Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Nsplus Technology Private Limited | •••• | •••• | •••• | •••• | 107 | Bangalore South, Karnataka, India |
| Intralinks India Solutions Private Limited | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Karnex Software Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Karnex Software Solutions Private Limited
Karnex Software Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Banwari Singh Also directs: Karnex Realty Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Neelam | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
Charges & Borrowings of Karnex Software Solutions Private Limited
Karnex Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karnex Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Karnex Software Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Karnex Software Solutions Private Limited
Karnex Software Solutions has one previous CIN (Corporate Identification Number): U72900RJ2019OPC063826. The current CIN is U72900RJ2019PTC063826, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900RJ2019PTC063826 | Current |
| U72900RJ2019OPC063826 | Previous |
Recent Activity on Karnex Software Solutions Private Limited
Karnex Software Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Neelam ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Karnex Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karnex Software Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karnex Software Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karnex Software Solutions Private Limited
Karnex Software Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCK4749A1ZL | Rajasthan | Active | 11 Feb 2019 |
| 27AAHCK4749A1ZL | Maharashtra | Active | 01 Aug 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karnex Software Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karnex Software Solutions Private Limited
Karnex Software Solutions is an active private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2019 (7+ years old) and is registered under CIN U72900RJ2019PTC063826.
Karnex Software Solutions reported revenue of ₹16.12 Cr for FY 2025 (down 34% YoY).
Karnex Software Solutions has 2 current directors:
- Karan Banwari Singh - Director
- Neelam - Director
Karnex Software Solutions reported a net profit of ₹65 Lakh (net margin 4%) and EBITDA of ₹1.35 Cr (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karnex Software Solutions is 110% over three years and 64% over five years. In the latest year (FY 2025) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karnex Software Solutions is 08AAHCK4749A1ZL, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCK4749A1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Karnex Software Solutions is U72900RJ2019PTC063826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnex Software Solutions was incorporated on 30 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Karnex Software Solutions by revenue are Rawcubes India Private Limited, Hi-Tech Accurate Communication Private Limited, Itech India Private Limited, Information and Communication Technology Academy of Kerala, Sunoida Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Neelam ceased to be Additional Director on 29 Sep 2025. Neelam was appointed as Director on 06 Jan 2025. Karan Banwari Singh was appointed as Director on 30 Jan 2019.
Yes, Karnex Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).