About Karthi Wealth Infotech Limited
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Karthi Wealth Infotech Limited is a public limited company based in Surat, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72100GJ2016PLC094859. Its GSTIN is 24AAICP9099H1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Paramhans Infotec Limited. It is led by directors including Rajan Mohanlal Nandwani (Managing Director) and Bilal Khan Deshmukh.
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 is at B – 303 B – Building Shyam Luxuriya Apartment Vesu Surat Opposite Agam Arcade, Gujarat, India – 395007.
As per the financials filed for FY 2019, the company reported a revenue of ₹11,251, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹26,250 (net margin -233.3%) and EBITDA of -₹20,599 (EBITDA margin -183.1%).
The company is associated with 1 brand: Paramhans Infotec.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramhansltd.com.
Company details
CIN history
Karthi Wealth Infotech has one previous CIN (Corporate Identification Number): U72900GJ2016PLC094859. The current CIN is U72100GJ2016PLC094859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100GJ2016PLC094859 | Current |
| U72900GJ2016PLC094859 | Previous |
Contact details
Karthi Wealth Infotech Limited's registered office is in Surat, Gujarat. Its website is paramhansltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 303 B – Building Shyam Luxuriya Apartment Vesu Surat Opposite Agam Arcade, Gujarat, India – 395007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Karthi Wealth Infotech 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
Brands
Karthi Wealth Infotech operates one associated brand: Paramhans Infotec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers agent-based payment solutions for businesses. | paramhansltd.com |
Business activity
The main business activity of Karthi Wealth Infotech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Karthi Wealth Infotech Limited, buy the company report.
Financials of Karthi Wealth Infotech Limited
FY 2019 filings availableKarthi Wealth Infotech Limited reported revenue of ₹11,251 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹20,599 | ||
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| Net Profit (PAT) | -₹26,250 | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -183.1% | ||
| Net Profit Margin | -233.3% | ||
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To see the full financial statements and ratios of Karthi Wealth Infotech Limited, buy the company report.
Board of directors of Karthi Wealth Infotech Limited
Karthi Wealth Infotech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Aditya Sharma | Additional Director | 01 Aug 2017 | 9 Years 3 Months | Current |
| Rajan Mohanlal Nandwani Also directs: Aaragya Ecom Private Limited | Managing Director | 26 Dec 2016 | 9 Years 10 Months | Current |
| Bilal Khan Deshmukh | Director | 26 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Karthi Wealth Infotech Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhiksha Enterprises Private Limited | ₹11,354 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Global Skill City Private Limited | ₹11,318 (FY 2019) | Bengaluru, Karnataka, India | ||||
| Poize Games Private Limited | ₹11,296 (FY 2024) | 0.0% | Hapur, Uttar Pradesh, India | |||
| Sequanity Technologies Private Limited | ₹11,290 (FY 2024) | -90.0% | Ahmedabad, Gujarat, India | |||
| NHST India Private Limited | ₹11,260 (FY 2017) | Delhi, India | ||||
| Karthi Wealth Infotech Limitedthis company | ₹11,251 (FY 2019) | -₹26,250 | -233.3% | -99.0% | Surat, Gujarat, India | |
| Schnell Hans Advertising Andmarketing Pvt Ltd | ₹11,250 (FY 2017) | Mumbai, Maharashtra, India | ||||
| Virtutant Services Private Limited | ₹11,246 (FY 2024) | Vedaraniam, Tamil Nadu, India | ||||
| Atombyte Iot Private Limited | ₹11,210 (FY 2021) | -97.0% | Ahmedabad, Gujarat, India | |||
| Flairspace Private Limited | ₹11,187 (FY 2023) | Coimbatore, Tamil Nadu, India | ||||
| Digitalprobity Tech Private Limited | ₹11,142 (FY 2022) | Bangalore, Karnataka, India |
To see the full peer comparison of Karthi Wealth Infotech Limited, buy the company report.
Shareholding
The shareholding of Karthi Wealth Infotech Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Karthi Wealth Infotech Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karthi Wealth Infotech 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 Karthi Wealth Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karthi Wealth Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP9099H1ZU | Gujarat | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Karthi Wealth Infotech Limited, buy the company report.
Recent activity
Karthi Wealth Infotech Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Mohanlal Nandwani ceased to be Additional Director on 01 Aug 2017.
Frequently asked questions
Karthi Wealth Infotech is an active public limited company based in Surat, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 December 2016 (10+ years old) and is registered under CIN U72100GJ2016PLC094859.
Karthi Wealth Infotech has 3 current directors:
- Rajan Mohanlal Nandwani - Managing Director
- Shweta Aditya Sharma - Additional Director
- Bilal Khan Deshmukh - Director
The latest financial statements of Karthi Wealth Infotech 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 FY 2017 are in the company report.
The GSTIN of Karthi Wealth Infotech is 24AAICP9099H1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Karthi Wealth Infotech is U72100GJ2016PLC094859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karthi Wealth Infotech was incorporated on 26 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Karthi Wealth Infotech by revenue are Abhiksha Enterprises Private Limited, Global Skill City Private Limited, Poize Games Private Limited, Sequanity Technologies Private Limited, NHST India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Mohanlal Nandwani ceased to be Additional Director on 01 Aug 2017. Shantarani Mohanlal Nandwani ceased to be Additional Director on 01 Aug 2017. Shweta Aditya Sharma was appointed as Additional Director on 01 Aug 2017. Karthi Wealth Infotech has 7 board changes on record in total.
Karthi Wealth Infotech can be reached through the website paramhansltd.com. Its registered office is in Surat, Gujarat, India.
The registered office of Karthi Wealth Infotech is at B – 303 B – Building Shyam Luxuriya Apartment Vesu Surat Opposite Agam Arcade, Gujarat, India – 395007.
Karthi Wealth Infotech operates in the information technology industry, in the IT consulting and support services segment.
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