Karnival Internet Technologies Private Limited

Karnival Internet Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200HR2019PTC140118 Incorporated 20 November 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹6.2 Cr
▲ 53% YoY
Net profit · FY 2024
₹43.64 Lakh
Net margin 7%
EBITDA · FY 2024
₹56.61 Lakh
EBITDA margin 9.1%
Authorised capital
₹32 Lakh
Registered with MCA
Paid-up capital
₹30.64 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered

About Karnival Internet Technologies Private Limited

Data last updated:

Karnival Internet Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 20 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200HR2019PTC140118. Its GSTIN is 06AAHCK8872G1Z5 (Haryana). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹30.64 Lakh. It is led by directors including Himanshu Mishra and Siddharth Mishra.

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 K – 220 Sri Tirumala Sarovar Apartments Revenue Layouts Singasandra, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.2 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹43.64 Lakh (net margin 7%) and EBITDA of ₹56.61 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 126% over three years.

The company is associated with 1 brand: Karnival. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.01 Cr; the latest was in April 2021.

Karnival Internet Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053354). For more details, the company can be reached via its website karnival.com.

Company details

CIN U72200HR2019PTC140118
Registration Number 129836
Incorporation Date 20 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0053354

CIN history

Karnival Internet Technologies has one previous CIN (Corporate Identification Number): U72200KA2019PTC129836. The current CIN is U72200HR2019PTC140118, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200HR2019PTC140118Current
U72200KA2019PTC129836Previous

Recognitions & Rankings of Karnival Internet Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0053354

Contact details

Karnival Internet Technologies Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    K – 220 Sri Tirumala Sarovar Apartments Revenue Layouts Singasandra, Bangalore, Karnataka, India – 560068
  • Industry
    Internet, Online Service Marketplaces
Comprehensive company report
Karnival Internet Technologies Private Limited - one report that includes everything
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Brands

Karnival Internet Technologies operates one associated brand: Karnival. Each brand links to its own profile.

BrandDescriptionWebsite
Customer engagement is enabled via smart digital receipts for merchants.karnival.com

Business activity

The main business activity of Karnival Internet Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Karnival Internet Technologies Private Limited, buy the company report.

Financials of Karnival Internet Technologies Private Limited

FY 2024 filings available

Karnival Internet Technologies Private Limited reported revenue of ₹6.2 Cr (up 53% YoY) for FY 2024.

Revenue · FY 2024
₹6.2 Cr ▲ 53%
Net profit · FY 2024
₹43.64 Lakh margin 7%
EBITDA · FY 2024
₹56.61 Lakh margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 126%
EBITDA CAGR growth
1 year
▲ 259%
3 years · compounded
▲ 87%

Revenue has grown at a compounded annual rate (CAGR) of 126% over three years, including 53% growth in the latest year. EBITDA rose 259% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹56.61 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.64 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.1%
Net Profit Margin7%
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 Karnival Internet Technologies Private Limited, buy the company report.

Board of directors of Karnival Internet Technologies Private Limited

Karnival Internet Technologies has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Himanshu MishraDirector20 Nov 20196 Years 11 MonthsCurrent
Siddharth MishraDirector20 Nov 20196 Years 11 MonthsCurrent
Prasenjeet ShahiAdditional Director13 Sep 20251 Years 1 MonthsCurrent

Deals & funding

Karnival Internet Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.01 Cr; the latest was in April 2021.

Total deals
2
Funding rounds
2
Disclosed funding
₹2.01 Cr

To see the full deal history of Karnival Internet Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karnival Internet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Karnival Internet Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
06AAHCK8872G1Z5HaryanaActive13 Nov 2021
29AAHCK8872G1ZXKarnatakaActive16 Dec 2019

To see the full GST registrations and return filing status of Karnival Internet Technologies Private Limited, buy the company report.

Recent activity

Karnival Internet Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Prasenjeet Shahi was appointed as Additional Director on 13 Sep 2025.

Appointed
Prasenjeet Shahi was appointed as Additional Director.
AGM
Karnival Internet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karnival Internet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Himanshu Mishra was appointed as Director.
Appointed
Siddharth Mishra was appointed as Director.
Incorporation
20 Nov 2019
Karnival Internet Technologies Private Limited was registered on 20 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.

Frequently asked questions

Karnival Internet Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 20 November 2019 (7+ years old) and is registered under CIN U72200HR2019PTC140118.

Karnival Internet Technologies has 3 current directors:

The latest financial statements of Karnival Internet Technologies 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 2020 are in the company report.

The GSTIN of Karnival Internet Technologies is 06AAHCK8872G1Z5, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCK8872G1ZX (Karnataka).

The CIN (Corporate Identification Number) of Karnival Internet Technologies is U72200HR2019PTC140118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karnival Internet Technologies was incorporated on 20 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Karnival Internet Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.01 Cr; the latest was in April 2021.

Prasenjeet Shahi was appointed as Additional Director on 13 Sep 2025. Himanshu Mishra was appointed as Director on 20 Nov 2019. Siddharth Mishra was appointed as Director on 20 Nov 2019.

Yes, Karnival Internet Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Karnival Internet Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0053354).