Karuda IT Solution Private Limited
About Karuda IT Solution Private Limited
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Karuda IT Solution Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52590TN2019PTC127855. Its GSTIN is 33AAHCK5309G1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Janarthanan Manogaran and Suriya Narayanan Manoharan.
Its last annual general meeting (AGM) was held on 31 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.7/40 Mathiyazhagan 2nd Cross Street Ullagaram Nanganallur, Chennai, Tamil Nadu, India – 600061.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.08 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.07 Lakh (net margin -1.9%) and EBITDA of -₹1.97 Lakh (EBITDA margin -1.8%).
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- Registered AddressNo.7/40 Mathiyazhagan 2nd Cross Street Ullagaram Nanganallur, Chennai, Tamil Nadu, India – 600061
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Karuda IT Solution Private Limited
The main business activity of Karuda IT Solution is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Karuda IT Solution Private Limited FY 2021 filings available
Karuda IT Solution Private Limited reported revenue of ₹1.08 Cr (down 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Karuda IT Solution Private Limited
Revenue fell 18% in the latest year. EBITDA fell 664% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Karuda IT Solution Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.08 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹1.97 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.07 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 of Karuda IT Solution Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.8% | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• |
| 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 Karuda IT Solution 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 Karuda IT Solution Private Limited
Karuda IT Solution Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tinisoft Technologies Private Limited | ₹1.09 Cr (FY 2024) | •••• | •••• | •••• | Kottucherry, Puducherry, India | |
| Somindra Communications Limited | ₹1.08 Cr (FY 2016) | •••• | •••• | 120.0% | •••• | Hubli, Karnataka, India |
| System Network Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Amrich Marketing India Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Swamiraj Technology Private Limited | ₹1.08 Cr (FY 2017) | •••• | •••• | -88.0% | •••• | Pune, Maharashtra, India |
| Karuda IT Solution Private Limited this company | ₹1.08 Cr (FY 2021) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Riddhitech Solutions Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Proviatek Informatics Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | West Bengal, India |
| Seven Services and Products Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| MGP Infotech Private Limited | ₹1.07 Cr (FY 2018) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| Renaissance Softech Private Limited | ₹1.07 Cr (FY 2019) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Karuda IT Solution by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karuda IT Solution Private Limited
Karuda IT Solution Private Limited is audited by VALLABAN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VALLABAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karuda IT Solution Private Limited
Karuda IT Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janarthanan Manogaran | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Suriya Narayanan Manoharan Also directs: NST Global Solar & Wind Energy Private Limited | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Karuda IT Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karuda IT Solution Private Limited
Karuda IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karuda IT Solution Private Limited
Employment history and EPFO contributions of people linked to Karuda IT Solution.
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.
Recent Activity on Karuda IT Solution Private Limited
Karuda IT Solution Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Janarthanan Manogaran was appointed as Director on 05 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Karuda IT Solution 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 Karuda IT Solution 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 Karuda IT Solution 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 Karuda IT Solution Private Limited
Karuda IT Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCK5309G1ZQ | Tamil Nadu | Active | 25 Mar 2019 |
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 Karuda IT Solution 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 Karuda IT Solution Private Limited
Karuda IT Solution is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 March 2019 (7+ years old) and is registered under CIN U52590TN2019PTC127855.
Karuda IT Solution reported revenue of ₹1.08 Cr for FY 2021 (down 18% YoY).
Karuda IT Solution has 2 current directors:
- Janarthanan Manogaran - Director
- Suriya Narayanan Manoharan - Director
Karuda IT Solution reported a net loss of ₹2.07 Lakh (net margin -1.9%) and EBITDA of -₹1.97 Lakh (EBITDA margin -1.8%) for FY 2021, as per its filed financial statements.
The GSTIN of Karuda IT Solution is 33AAHCK5309G1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Karuda IT Solution is U52590TN2019PTC127855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karuda IT Solution was incorporated on 05 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Karuda IT Solution by revenue are Tinisoft Technologies Private Limited, Somindra Communications Limited, System Network Private Limited, Amrich Marketing India Private Limited, Swamiraj Technology Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Janarthanan Manogaran was appointed as Director on 05 Mar 2019. Suriya Narayanan Manoharan was appointed as Director on 05 Mar 2019.
The registered office of Karuda IT Solution is at No.740 Mathiyazhagan 2nd Cross Street Ullagaram Nanganallur, Chennai, Tamil Nadu, India – 600061.
Karuda IT Solution has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.