MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-07-0005138
Karot Technologies LLP - information technology in Kottayam, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2023
₹55.29 Lakh
▲ 17% YoY
Net profit · FY 2023
₹1.37 Lakh
Net margin 2.5%
EBITDA · FY 2023
₹4.15 Lakh
EBITDA margin 7.5%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹8.6 Lakh
Secured borrowings
LLP age
14 yrs
Est. 2012
Designated partners
2
As per MCA filings
Brands
3
Associated brands
About Karot Technologies LLP
Data last updated:
Karot Technologies LLP is a limited liability partnership (LLP) based in Kottayam, Kerala, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 12 July 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Ernakulam, under LLPIN AAB-0124.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Remya Sebastian and Arun Thomas Karottukottarathil Baby.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at 13/70 (Old No.6/67(1)) Karottukottarathil Kaveekunnu Pala Kizhathadiyoor P.O., Kottayam, Kerala, India – 686574.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹55.29 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Lakh (net margin 2.5%) and EBITDA of ₹4.15 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 30% over five years.
The LLP is associated with 3 brands: Selling Bikes, Karot Technologies and Bikes4Sale. As per MCA filings, the LLP has open charges of ₹8.6 Lakh on record.
Karot Technologies LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-07-0005138). For more details, the LLP can be reached via its website bikes4sale.in.
Company details
LLPIN AAB-0124
Incorporation Date 12 July 2012
Total Obligation of Contribution ₹1 Lakh
ROC Ernakulam
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-KL-07-0005138
Key People
Remya Sebastian Designated Partner Arun Thomas Karottukottarathil Baby Designated Partner Recognitions & Rankings of Karot Technologies
Contact details
Karot Technologies LLP's registered office is in Kottayam, Kerala.
- Social Media
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- Registered Address13/70 (Old No.6/67(1)) Karottukottarathil Kaveekunnu Pala Kizhathadiyoor P.O., Kottayam, Kerala, India – 686574
- IndustryInformation Technology, Web Design & Maintenance Services
Comprehensive company report
Karot Technologies LLP - 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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Brands
Karot Technologies operates multiple associated brands including Selling Bikes, Karot Technologies, and Bikes4Sale. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for trading used and new bikes worldwide. | bikes4sale.com | |
| Online marketplace for used and new bike sales, valuation, and financing services in India. | bikes4sale.in | |
| Provides website development, digital marketing, SEO, and SMM services. | karottechnologies.com |
Financials of Karot Technologies LLP
FY 2023 filings availableKarot Technologies LLP reported revenue of ₹55.29 Lakh (up 17% YoY) for FY 2023.
Revenue · FY 2023
₹55.29 Lakh ▲ 17%
Net profit · FY 2023
₹1.37 Lakh margin 2.5%
EBITDA · FY 2023
₹4.15 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 2%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 5%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 17% growth in the latest year. EBITDA fell 44% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹1.37 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Karot Technologies LLP, buy the company report.
Designated partners of Karot Technologies LLP
Karot Technologies has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Remya Sebastian | Designated Partner | 12 Jul 2012 | 14 Years 4 Months | Current |
| Arun Thomas Karottukottarathil Baby Also directs: T5 Ventures LLP | Designated Partner | 12 Jul 2012 | 14 Years 4 Months | Current |
Peer comparison
Karot Technologies LLP is compared with the 10 companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Morpheme Webnexus Private Limited | ₹55.59 Lakh (FY 2024) | -17.0% | New Delhi, Delhi, India | |||
| Dcycle Design Studio Private Limited | ₹55.55 Lakh (FY 2025) | -13.0% | Ahmedabad, Gujarat, India | |||
| Yellow Bulbs Solutions Private Limited | ₹55.52 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Tyato E-Commerce Private Limited | ₹55.4 Lakh (FY 2025) | 331.0% | Haryana, India | |||
| Agmsys Infotech Private Limited | ₹55.37 Lakh (FY 2025) | -50.0% | New Delhi, Delhi, India | |||
| Karot Technologies LLPthis company | ₹55.29 Lakh (FY 2023) | ₹1.37 Lakh | 2.5% | 17.0% | Kottayam, Kerala, India | |
| Arihant Webtech Private Limited | ₹55.18 Lakh (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Telloquent Solutions Private Limited | ₹55.02 Lakh (FY 2024) | 4.0% | Bangalore, Karnataka, India | |||
| TRS Software Solutions (OPC) Private Limited | ₹54.76 Lakh (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Three Screen Solutions Private Limited | ₹54.68 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Figrfast Systems Private Limited | ₹54.35 Lakh (FY 2025) | 304.0% | Delhi, India |
To see the full peer comparison of Karot Technologies LLP, buy the company report.
Charges & borrowings
Open charges
₹8.6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 101009517 | Hdfc Bank Limited | ₹8.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karot Technologies LLP 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 Karot Technologies LLP; 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 Karot Technologies LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karot Technologies LLP has 2 designated partner changes on record since 2012: 2 appointments. The latest: Arun Thomas Karottukottarathil Baby was appointed as Designated Partner on 12 Jul 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.60 Lakh with Charge ID 101009517 was registered on 30 Oct 2024.
AGM
Karot Technologies Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Karot Technologies Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Appointed
Arun Thomas Karottukottarathil Baby was appointed as Designated Partner.
Appointed
Remya Sebastian was appointed as Designated Partner.
Incorporation
12 Jul 2012
Karot Technologies Llp was registered on 12 Jul 2012 with Roc Ernakulam & aged 14 years 4 months as per MCA records.
Frequently asked questions
Karot Technologies is an active limited liability partnership based in Kottayam, Kerala, India. The LLP works in web design and maintenance services, within the information technology industry. It was incorporated on 12 July 2012 (14+ years old) and is registered under LLPIN AAB-0124.
Karot Technologies has 2 current designated partners:
- Remya Sebastian - Designated Partner
- Arun Thomas Karottukottarathil Baby - Designated Partner
The latest financial statements of Karot Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from 2015 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Karot Technologies is AAB-0124. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Karot Technologies was incorporated on 12 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Karot Technologies by revenue are Morpheme Webnexus Private Limited, Dcycle Design Studio Private Limited, Yellow Bulbs Solutions Private Limited, Tyato E-Commerce Private Limited, Agmsys Infotech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Arun Thomas Karottukottarathil Baby was appointed as Designated Partner on 12 Jul 2012. Remya Sebastian was appointed as Designated Partner on 12 Jul 2012.
Yes, Karot Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-07-0005138).
Karot Technologies can be reached through the website bikes4sale.in. Its registered office is in Kottayam, Kerala, India.
The registered office of Karot Technologies is at 1370 Old No.6671 Karottukottarathil Kaveekunnu Pala Kizhathadiyoor P.O., Kottayam, Kerala, India – 686574.
Karot Technologies operates in the information technology industry, in the web design and maintenance services segment.
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