About Karvy Next Limited
Data last updated: 24 February 2026
Karvy Next Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Karvy Data Management Services Limited. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 04 October 2017, the company has been in operation for over 9 years.
Registered with ROC Hyderabad under CIN U72900TG2017PLC119880.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.01 Cr. Formerly known as Karvy Tech Serve Limited and Karvy Inoventive Limited. It is led by directors including Mahesh Vijayagopal and Srinivas Penmetsa Varma.
Last AGM: 30 December 2020. Financial statements filed for year ended 31 March 2020. Office: Karvy Gateway Plot No. 38 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2020, the company reported a revenue of ₹80.39 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data. It operates as a subsidiary of Karvy Data Management Services Limited.
The company is associated with 1 brand - Karvy.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karvy.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressKarvy Gateway Plot No. 38 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032
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IndustryE-Commerce, General E-Commerce Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Karvy Next Limited
Karvy Next Limited has undergone 2 name changes throughout its history. The company was previously known as Karvy Tech Serve Limited, and Karvy Inoventive Limited. The current legal name is Karvy Next Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Karvy Next Limited | Current |
| Karvy Tech Serve Limited | Previous |
| Karvy Inoventive Limited | Previous |
Competitors & Alternatives of Karvy Next Limited
Brands and companies operating in the same space as Karvy Next Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
|
Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Bank of America
|
Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
|
Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Karvy Next Limited
Karvy Next Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | ********* |
Auditor Details of Karvy Next Limited
Karvy Next Limited is audited by M/s Lalith Prasad and Co for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s Lalith Prasad and Co | blur-value | blur-value | blur-value |
Board of Directors of Karvy Next Limited
Karvy Next Limited is currently managed by 3 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mahesh Vijayagopal
Also directs:
Karvy Broking (Ifsc) Limited, Karvy Financial Services Limited, Karvy Insurance Repository Limited and 4 more
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Director | 04 Oct 2017 | 8 Years 9 Months | Current |
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Srinivas Penmetsa Varma
Also directs:
Karvy Insurance Repository Limited, Karvy Renewable Energy Projects Limited, Karvy Digikonnect Limited and 3 more
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Additional Director | 19 Aug 2021 | 4 Years 10 Months | Current |
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Sridhar Gudimella
Also directs:
Karvy Digikonnect Limited, Heartlands Infrastructure Private Limited, Meteor Infrastructure & Projects Private Limited and 2 more
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Additional Director | 13 Dec 2021 | 4 Years 6 Months | Current |
Financials of Karvy Next Limited FY 2020 filings available
Karvy Next Limited reported revenue of ₹80.39 Cr (up 584% YoY) for FY 2020. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Karvy Next Limited
As of FY 2020, Karvy Next Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Karvy Next Limited
Karvy Next Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karvy Next Limited
Karvy Next Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee Count & EPFO Data of Karvy Next Limited
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GST Compliance of Karvy Next Limited
GSTIN & GST Filing Data of Karvy Next Limited
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Credit Ratings, Litigation & Regulatory Alerts for Karvy Next Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Karvy Next Limited
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MSME Payment Delays by Karvy Next Limited
MSME Payment Delays by Karvy Next Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Karvy Next Limited
Subsidiaries & Group Companies of Karvy Next Limited
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MCA Filings & Documents of Karvy Next Limited
MCA Filings & Documents of Karvy Next Limited
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Recent Activity on Karvy Next Limited
Recent News on Karvy Next Limited
Frequently Asked Questions about Karvy Next Limited
Karvy Next Limited is an active public limited company in the e-commerce sector based in Hyderabad, Telangana, India. It was incorporated on 04 October 2017 (9+ years old) and is registered under CIN U72900TG2017PLC119880. The company has 1 employees.
Karvy Next Limited reported revenue of ₹80.39 Cr for FY 2020 (up 584.00% YoY).
The current directors of Karvy Next Limited are:
The primary industry of Karvy Next Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.
Karvy Next Limited can be reached at the registered office: Karvy Gateway Plot No. 38 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032, or through the website karvy.com.
The authorised capital is ₹25 Cr, and the paid-up capital is ₹15.01 Cr.