About Karvy Capital Limited
Data last updated:
Karvy Capital Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Karvy Stock Broking Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1981PLC025980. Its GSTIN is 27AAACG4544N1ZC (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.2 Cr. It was formerly known as Karvy Capital Private Limited and Grant Holdings and Trading Co Pvt Ltd. It is led by directors including Debasis Dasgupta and Ajit Kumar Padikapoyil Bhaskaran.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 101 & 201 1st & 2nd Floor Gujrals Plot No. 167 C.S.T. Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.28 Cr, a decline of 37.56% compared to the previous year.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Karvy Capital. As per MCA filings, the company has open charges of ₹4.8 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karvycapital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address101 & 201 1st & 2nd Floor Gujrals Plot No. 167 C.S.T. Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Karvy Capital Limited
Karvy Capital operates primarily in the financial and insurance service sector. 3 business activities are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Financial Advisory, brokerage and Consultancy Services | Locked |
| Locked | Financial and insurance Service | Locked | Fund Management Services | Locked |
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Financials of Karvy Capital Limited FY 2023 filings available
Karvy Capital Limited reported revenue of ₹8.28 Cr (down 37.56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Karvy Capital Limited
Revenue fell 37.56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Karvy Capital Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹8.28 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Karvy Capital Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Karvy Capital are in the company report.
Financial statements from 2015
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 Karvy Capital Limited
Karvy Capital Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geo VPL Finance Limited | ₹42.54 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kochi, Kerala, India |
| Shree Biradev Finance Private Limited | ₹42.46 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kalaburgi, Karnataka, India |
| Scud Finlease Limited | ₹42.43 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Inditrade Fincorp Limited | ₹42.37 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Kochi, Kerala, India |
| Jalaj Trading and Investment Co Pvt Ltd | ₹42.28 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Phillip Finance & Investment Services India Private Limited | ₹41.87 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Srinidhi Credit Private Limited | ₹41.81 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Glaxo Finance Private Limited | ₹41.68 Cr (FY 2024) | •••• | •••• | 211.0% | •••• | Kolkata, West Bengal, India |
| Good Investments(India)Ltd. | ₹41.61 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | New Delhi, Delhi, India |
| Meenakshi Mercantiles Ltd | ₹41.56 Cr (FY 2019) | •••• | •••• | -29.0% | •••• | Kolkata, West Bengal, India |
| Karvy Capital Limited this company | ₹8.28 Cr (FY 2023) | •••• | •••• | -37.6% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Karvy Capital by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 Karvy Capital Limited
Karvy Capital Limited is audited by Lalith Prasad & Co for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Lalith Prasad & Co | 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 Karvy Capital Limited
Karvy Capital has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debasis Dasgupta | Director | 13 Feb 2024 | 2 Years 7 Months | Current |
| Ajit Kumar Padikapoyil Bhaskaran | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Kovilkathu Parameswaran Jeewan Also directs: Bondmart India LLP, Leo Marine Inspections Private Limited | Director | 29 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Karvy Capital 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 Karvy Capital Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2020 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 13 Jan 2020 | Others | ₹4.5 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Karvy Capital Limited
Karvy Capital Limited has 12 court cases on record: 3 filed by Karvy Capital, 9 where it is another party. 5 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 4 |
| District courts | 5 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Company is another party | Pending |
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Company is another party | Pending |
| Bombay High Court | Commercial suit | Company is another party | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Prabhu Dayal Memorial Religious and Educational Association & Ors | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Company is another party | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Karvy Capital Limited
Karvy Capital operates one associated brand: Karvy Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| E-commerce and gaming platform offering products and services in retail and entertainment sectors. | karvycapital.com |
Employees and EPFO Compliance at Karvy Capital Limited
Karvy Capital Limited has a workforce of 29 employees as of Apr 08, 2024.
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.
Name History of Karvy Capital Limited
Karvy Capital has undergone 2 name changes throughout its history. The company was previously known as Karvy Capital Private Limited, and Grant Holdings And Trading Co Pvt Ltd. The current legal name is Karvy Capital Limited.
| Company Name | Status |
|---|---|
| Karvy Capital Limited | Current |
| Karvy Capital Private Limited | Previous |
| Grant Holdings And Trading Co Pvt Ltd | Previous |
CIN History of Karvy Capital Limited
Karvy Capital has one previous CIN (Corporate Identification Number): U65990MH1981PTC025980. The current CIN is U65990MH1981PLC025980, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1981PLC025980 | Current |
| U65990MH1981PTC025980 | Previous |
News related to Karvy Capital Limited
Recent Activity on Karvy Capital Limited
Karvy Capital Limited has 24 board changes on record since 2008: 3 appointments and 21 cessations. The latest: Debasis Dasgupta ceased to be Additional Director on 29 Sep 2024.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Karvy Capital 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 Karvy Capital 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 Karvy Capital 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 Karvy Capital Limited
Karvy Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG4544N1ZC | Maharashtra | Active | 01 Jul 2017 |
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 Karvy Capital 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 Karvy Capital Limited
Karvy Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 31 December 1981 (45+ years old) and is registered under CIN U65990MH1981PLC025980.
Karvy Capital reported revenue of ₹8.28 Cr for FY 2023 (down 37.56% YoY).
Karvy Capital has 3 current directors:
- Debasis Dasgupta - Director
- Ajit Kumar Padikapoyil Bhaskaran - Director
- Kovilkathu Parameswaran Jeewan - Director
The GSTIN of Karvy Capital is 27AAACG4544N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karvy Capital is U65990MH1981PLC025980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karvy Capital has 12 court cases on record: 3 filed by the company. 5 are pending. Most are in the high courts.
Karvy Capital was incorporated on 31 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karvy Capital by revenue are Geo VPL Finance Limited, Shree Biradev Finance Private Limited, Scud Finlease Limited, Inditrade Fincorp Limited, Jalaj Trading and Investment Co Pvt Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Debasis Dasgupta ceased to be Additional Director on 29 Sep 2024. Debasis Dasgupta was appointed as Director on 13 Feb 2024. Ajit Kumar Padikapoyil Bhaskaran ceased to be Additional Director on 30 Oct 2022. Karvy Capital has 24 board changes on record in total.
Karvy Capital can be reached through the website karvycapital.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Karvy Capital is at 101 & 201 1st & 2nd Floor Gujrals Plot No. 167 C.S.T. Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.