About Karuna Management Services Limited
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Karuna Management Services Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PLC072875. Its GSTIN is 19AABCK1666L1Z7 (West Bengal). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.18 Cr. It was formerly known as Karuna Management Services Pvt Ltd and Karuna Management Services Pvt Limited. It is led by directors including Sanjoy Tekriwal (Managing Director) and Sandeep Tekriwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Meridian Plaza 207 C.R. Avenue 4th Floor, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,565.14 Cr. For the same year it recorded a net profit of ₹13.55 Cr (net margin 0.5%) and EBITDA of ₹40.99 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company has about 330 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Karuna Group. As per MCA filings, the company has open charges of ₹544.29 Cr and satisfied charges of ₹556 Cr on record. Court records list 49 cases involving the company, including 42 filed by the company and 7 filed against it; 18 cases are pending. The company has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹12.53 Cr; the latest was in November 2022. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 1 smaller; the largest is Amazon Wholesale (India) Private Limited with revenue of ₹3,018.7 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 9 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karunagroup.in.
Company details
Name history
Karuna Management Services has undergone 2 name changes throughout its history. The company was previously known as Karuna Management Services Pvt Ltd, and Karuna Management Services Pvt Limited. The current legal name is Karuna Management Services Limited.
| Company Name | Status |
|---|---|
| Karuna Management Services Limited | Current |
| Karuna Management Services Pvt Ltd | Previous |
| Karuna Management Services Pvt Limited | Previous |
CIN history
Karuna Management Services has one previous CIN (Corporate Identification Number): U67120WB1995PTC072875. The current CIN is U67120WB1995PLC072875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1995PLC072875 | Current |
| U67120WB1995PTC072875 | Previous |
Contact details
Karuna Management Services Limited's registered office is in Kolkata, West Bengal. Its website is karunagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMeridian Plaza 207 C.R. Avenue 4th Floor, Kolkata, West Bengal, India – 700006
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Karuna Management Services 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
Karuna Management Services operates one associated brand: Karuna Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution, retail, manufacturing, healthcare, and finance services in India. | karunagroup.in |
Business activity
The main business activity of Karuna Management Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Karuna Management Services Limited, buy the company report.
Financials of Karuna Management Services Limited
FY 2025 filings availableKaruna Management Services Limited reported revenue of ₹2,565.14 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. EBITDA rose 7% 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
| 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 | ₹2,565.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.55 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Karuna Management Services Limited, buy the company report.
Board of directors of Karuna Management Services Limited
Karuna Management Services has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjoy Tekriwal Also directs: Karuna Software Private Limited, SHS Merchants Private Limited, Karuna Retails Private Limited and 4 more | Managing Director | 12 Aug 1996 | 30 Years 2 Months | Current |
| Sandeep Tekriwal Also directs: Karuna Software Private Limited, SHS Merchants Private Limited, Karuna Retails Private Limited and 5 more | Whole-Time Director | 12 Aug 1996 | 30 Years 2 Months | Current |
| Jay Kumar Sadany Also directs: R. J. S. Enterprises Private Limited | Director | 01 Jun 2017 | 9 Years 5 Months | Current |
| Ruchi Mehra | Director | 24 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Karuna Management Services Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amazon Wholesale (India) Private Limited | ₹3,018.7 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Rui Chuang Technologies Private Limited | ₹2,827.12 Cr (FY 2024) | 9.0% | Ahmedabad, Gujarat, India | |||
| Fangs Technology Private Limited | ₹2,642.44 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Bathla Teletech Private Limited | ₹2,620.28 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Abm Tele Mobiles India Private Limited | ₹2,581.57 Cr (FY 2024) | 65.0% | Bangalore, Karnataka, India | |||
| Karuna Management Services Limitedthis company | ₹2,565.14 Cr (FY 2025) | ₹13.55 Cr | 0.5% | 330 | Kolkata, West Bengal, India | |
| Bubugao Communication Private Limited | ₹2,469.65 Cr (FY 2025) | 7.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Karuna Management Services Limited, buy the company report.
Auditor
Karuna Management Services Limited is audited by Shruti Dokania & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shruti Dokania & Associates | FY 2024 | 322228E |
Shareholding
The shareholding of Karuna Management Services Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karuna Management Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2026 | 101313050 | Others | ₹24.96 Cr | Open | |
| 18 Feb 2026 | 101241921 | Others | ₹30 Cr | Open | |
| 14 Feb 2025 | 101045022 | Axis Bank Limited | ₹103 Cr | Open | |
| 29 Nov 2024 | 101018931 | Others | ₹83 Lakh | Open | |
| 09 Oct 2024 | 100986285 | Yes Bank Limited | ₹55 Cr | Open |
To see the full charge records of Karuna Management Services Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Karuna Management Services Limited has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹12.53 Cr; the latest was in November 2022.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: SHS Marchant Private Limited Seller: Comfort Business Pvt Ltd |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: SHS Marchant Private Limited Seller: Comfort Business Pvt Ltd |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Pushpadant Properties Private Limited Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Pushpadant Properties Private Limited Seller: Sanjoy Tekriwal HUF, Sandeep Tekriwal HUF, 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Pushpadant Properties Private Limited Seller: Comfort Business Pvt Ltd , Samrat Vyapaar Private Limited , 2 individuals |
To see the full deal history of Karuna Management Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karuna Management Services Limited has 49 court cases on record: 42 filed by Karuna Management Services, 7 filed against it. 18 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 4 | 18 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Ms Dorado Infotech Pvt. Ltd. 2 Others | Pending |
| High Court | Company petition | Filed against the company by In the Matter of : Dorado Infotech Pvt. Ltd.- and- | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Ms Dorado Infotech Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Appeal | Filed against the company | Pending |
| District court, Nadia, West Bengal | Civil miscellaneous application | Filed by the company against Galaxy Sales Company Represented by Sri Ashok Chandra | Pending |
To see the full case history of Karuna Management Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Karuna Management Services Limited was last rated by Crisil on 02 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Dec 2020 |
To see the full credit ratings and regulatory alerts of Karuna Management Services Limited, buy the company report.
MSME payment delays
Karuna Management Services Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 9 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shresth Detective and Securities Private Limited | |||
| Custodian Corporate Services Private Limited |
To see the full MSME payment records of Karuna Management Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Karuna Management Services has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Karuna Telelink Private Limited | U64202WB2002PTC094083 | |
| SHS Finvest Private Limited | U65999WB2017PTC222366 |
To see the full group structure of Karuna Management Services Limited, buy the company report.
Employees & EPFO
Karuna Management Services Limited has a workforce of 330 employees on its EPFO records as of Aug 10, 2025, across 1 active EPFO establishment.
GST
Karuna Management Services has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK1666L1Z7 | West Bengal | Active | 01 Jul 2017 |
| 20AABCK1666L1ZO | Jharkhand | Active | 01 Jul 2017 |
| 18AABCK1666L1Z9 | Assam | Active | 20 May 2019 |
| 27AABCK1666L1ZA | Maharashtra | Active | 13 Apr 2023 |
To see the full GST registrations and return filing status of Karuna Management Services Limited, buy the company report.
Recent activity
Karuna Management Services Limited has 10 board changes on record since 1996: 4 appointments and 6 cessations. The latest: Bharat Kumar Bajaj ceased to be Director on 24 Jul 2024.
37 earlier events are in the company report.
Frequently asked questions
Karuna Management Services is an active public limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 July 1995 (31+ years old) and is registered under CIN U67120WB1995PLC072875.
Karuna Management Services has 4 current directors:
- Sanjoy Tekriwal - Managing Director
- Sandeep Tekriwal - Whole-Time Director
- Jay Kumar Sadany - Director
- Ruchi Mehra - Director
The latest financial statements of Karuna Management Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karuna Management Services is 19AABCK1666L1Z7, registered in West Bengal. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 20AABCK1666L1ZO (Jharkhand), 18AABCK1666L1Z9 (Assam), 27AABCK1666L1ZA (Maharashtra).
The CIN (Corporate Identification Number) of Karuna Management Services is U67120WB1995PLC072875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karuna Management Services has 49 court cases on record: 42 filed by the company and 7 filed against it. 18 are pending. Most are in the district courts.
Karuna Management Services was incorporated on 14 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Karuna Management Services has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹12.53 Cr; the latest was in November 2022.
The peers of Karuna Management Services by revenue are Amazon Wholesale (India) Private Limited, Rui Chuang Technologies Private Limited, Fangs Technology Private Limited, Bathla Teletech Private Limited, Abm Tele Mobiles India Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Bharat Kumar Bajaj ceased to be Director on 24 Jul 2024. Ruchi Mehra ceased to be Director on 02 Feb 2020. Ruchi Mehra was appointed as Director on 24 May 2019. Karuna Management Services has 10 board changes on record in total.
Karuna Management Services has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Dec 2023.
Karuna Management Services can be reached through the website karunagroup.in. Its registered office is in Kolkata, West Bengal, India.
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