MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0016246
Karunadu Services Private Limited - transportation in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹91.51 Cr
▲ 43% YoY
Net profit · FY 2024
₹3.02 Cr
Net margin 3.3%
EBITDA · FY 2024
₹16.55 Cr
EBITDA margin 18.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹110.75 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
80
Provident fund records
About Karunadu Services Private Limited
Data last updated:
Karunadu Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the land transportation segment of the transportation sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2017PTC105242. Its GSTIN is 29AAGCK7078M1ZP (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chandan Gowda Govinda (Whole-Time Director) and Macharajanahalli Praneshrao Narendra (Whole-Time Director).
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 No 131/2 Sri Complex Gaurav Nagar Kothanoor Main Road Jp Nagar VIII Phase, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.51 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 3.3%) and EBITDA of ₹16.55 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 21% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.75 Cr on record. Court records list 27 cases involving the company, including 27 filed against it; 9 cases are pending.
Karunadu Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016246). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karunaduservices.com.
Company details
CIN U63030KA2017PTC105242
Registration Number 105242
Incorporation Date 02 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0016246
Key People
Chandan Gowda Govinda Whole-Time Director Macharajanahalli Praneshrao Narendra Whole-Time Director Ramappa Sridhar Additional Director Recognitions & Rankings of Karunadu Services
Contact details
Karunadu Services Private Limited's registered office is in Bangalore, Karnataka. Its website is karunaduservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 131/2 Sri Complex Gaurav Nagar Kothanoor Main Road Jp Nagar VIII Phase, Bangalore, Karnataka, India – 560062
- IndustryTransportation, Land Transportation
To see the full contact details of Karunadu Services Private Limited, buy the company report.
Comprehensive company report
Karunadu Services Private Limited - 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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Business activity
The main business activity of Karunadu Services is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Karunadu Services Private Limited, buy the company report.
Financials of Karunadu Services Private Limited
FY 2024 filings availableKarunadu Services Private Limited reported revenue of ₹91.51 Cr (up 43% YoY) for FY 2024.
Revenue · FY 2024
₹91.51 Cr ▲ 43%
Net profit · FY 2024
₹3.02 Cr margin 3.3%
EBITDA · FY 2024
₹16.55 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 60%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 41%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 43% growth in the latest year. EBITDA rose 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.55 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Karunadu Services Private Limited, buy the company report.
Board of directors of Karunadu Services Private Limited
Karunadu Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandan Gowda Govinda | Whole-Time Director | 02 Aug 2017 | 9 Years 2 Months | Current |
| Macharajanahalli Praneshrao Narendra | Whole-Time Director | 02 Aug 2017 | 9 Years 2 Months | Current |
| Ramappa Sridhar | Additional Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Karunadu Services Private Limited is audited by RAO ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO ASSOCIATES | FY 2023 | 003080S |
Shareholding
The shareholding of Karunadu Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karunadu Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹110.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101219388 | Axis Bank Limited | ₹2.05 Cr | Open | |
| 22 Sep 2025 | 101179885 | Others | ₹4 Cr | Open | |
| 26 Aug 2025 | 101148580 | Others | ₹64.5 Lakh | Open | |
| 26 Aug 2025 | 101148611 | Others | ₹30 Lakh | Open | |
| 02 Aug 2025 | 101137220 | Axis Bank Limited | ₹1.58 Cr | Open |
To see the full charge records of Karunadu Services Private Limited, buy the company report.
Total charge records: 61 View all charges
Legal cases
Karunadu Services Private Limited has 27 court cases on record: 27 filed against it. 9 cases are pending and 18 are disposed.
Total cases
27
Filed against the company
27
Pending
9
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 5 |
| High courts | 4 | 4 | 4 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Pending |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Pending |
To see the full case history of Karunadu Services Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karunadu Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karunadu Services Private Limited has a workforce of 80 employees on its EPFO records as of Nov 11, 2024, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
66.67%
GST
Karunadu Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK7078M1ZP | Karnataka | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of Karunadu Services Private Limited, buy the company report.
Recent activity
Karunadu Services Private Limited has 7 board changes on record since 2017: 5 appointments and 2 cessations. The latest: Ramappa Sridhar was appointed as Additional Director on 22 Jul 2025.
Charges
A charge with Others of Rs. 1,300.00 Lakh registered on 02 Aug 2018 with Charge ID 100215414 was modified on 15 Dec 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 205.20 Lakh with Charge ID 101219388 was registered on 30 Oct 2025.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101179885 was registered on 22 Sep 2025.
Charges
A charge with Others amounted to Rs. 64.50 Lakh with Charge ID 101148580 was registered on 26 Aug 2025.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 101148611 was registered on 26 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 157.86 Lakh with Charge ID 101137220 was registered on 02 Aug 2025.
Appointed
Ramappa Sridhar was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.90 Lakh with Charge ID 101104789 was registered on 27 May 2025.
Charges
A charge with Others amounted to Rs. 175.00 Lakh with Charge ID 101135325 was registered on 26 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.15 Lakh with Charge ID 101105045 was registered on 08 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.15 Lakh with Charge ID 101105042 was registered on 08 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.15 Lakh with Charge ID 101105043 was registered on 08 May 2025.
61 earlier events are in the company report.
Frequently asked questions
Karunadu Services is an active private limited company based in Bangalore, Karnataka, India. The company works in land transportation, within the transportation industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U63030KA2017PTC105242.
Karunadu Services has 3 current directors:
- Chandan Gowda Govinda - Whole-Time Director
- Macharajanahalli Praneshrao Narendra - Whole-Time Director
- Ramappa Sridhar - Additional Director
The latest financial statements of Karunadu Services 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 2018 are in the company report.
The GSTIN of Karunadu Services is 29AAGCK7078M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Karunadu Services is U63030KA2017PTC105242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karunadu Services has 27 court cases on record: 27 filed against it. 9 are pending. Most are in the district courts.
Karunadu Services was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramappa Sridhar was appointed as Additional Director on 22 Jul 2025. Harish Paragoodu Srinivas ceased to be Director on 05 Aug 2021. Mohan Doss Rajesh ceased to be Director on 27 Jul 2020. Karunadu Services has 7 board changes on record in total.
Yes, Karunadu Services is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0016246).
Karunadu Services can be reached through the website karunaduservices.com. Its registered office is in Bangalore, Karnataka, India.