About Karza Technologies Private Limited
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Karza Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Perfios Software Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC265316. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹98.9 Lakh and a paid-up capital of ₹92.49 Lakh. It was led by directors including Gaurav Vijairaj Samdaria and Sabyasachi Goswami.
Its last annual general meeting (AGM) was held on 04 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹168.66 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹50.95 Cr (net margin 30.2%) and EBITDA of ₹70.65 Cr (EBITDA margin 41.9%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 196% over five years.
The company had about 290 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Karza. As per MCA filings, the company had satisfied charges of ₹55 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 9 deals on record (3 funding rounds, 3 secondary share transfers, 3 rights issues), with disclosed funding of ₹51.97 Cr; the latest was in March 2022. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 28 overdue payments to 7 micro and small suppliers.
The last known website on record is karza.in.
Company details
Contact details
Karza Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is karza.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address111 1st Floor A – Wing Boomerang Chandivali Road Yadav Nagar Chandivali Powai, India, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services, Software Development & Support Services
To see the full contact details of Karza Technologies Private 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
Business activity
The main business activity of Karza Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Karza Technologies Private Limited, buy the company report.
Financials of Karza Technologies Private Limited
FY 2023 filings availableKarza Technologies Private Limited reported revenue of ₹168.66 Cr (up 105% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 196% over five years, including 105% growth in the latest year. EBITDA rose 215% 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 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 | ₹168.66 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.95 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.9% | ||||
| Net Profit Margin | 30.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Karza Technologies Private Limited, buy the company report.
Board of directors of Karza Technologies Private Limited
Karza Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Vijairaj Samdaria Also directs: Yamly Daksh LLP, Kythe AI Labs Private Limited | Director | 08 Jun 2015 | 11 Years 4 Months | As last reported |
| Sabyasachi Goswami | Director | 10 Aug 2022 | 4 Years 2 Months | As last reported |
| Alok Kumar Also directs: Unicontext Labs LLP | Director | 25 Jan 2017 | 9 Years 9 Months | As last reported |
| Omkar Milind Shirhatti | Director | 08 Jun 2015 | 11 Years 4 Months | As last reported |
Auditor
Karza Technologies Private Limited is audited by S R Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Karza Technologies 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 Karza Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2022 | 100631095 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Satisfied | |
| 28 Dec 2020 | 100416551 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Karza Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Karza Technologies Private Limited has 9 deals on record (3 funding rounds, 3 secondary share transfers, 3 rights issues), with disclosed funding of ₹51.97 Cr; the latest was in March 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Perfios Software Solutions Private Limited & V R Govindrajan, Perfios Software Solutions Private Limited Seller: 4 individuals |
| Mar 2022 | Funding round | ₹42.47 Cr | Investors: Perfios Software Solutions Private Limited |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2016 | Funding round · Seed | ₹3 Cr | Investors: Artha India Ventures, Dreamweaver Investments, 2 individuals |
To see the full deal history of Karza Technologies Private 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
Karza Technologies Private Limited has 2 court cases on record: 2 filed by Karza Technologies. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Karza Technologies 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
Karza Technologies Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 28 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| CBD IT Solutions Private Limited | |||
| Figment Global Solutions Private Limited | |||
| an individual supplier | |||
| Tapits Technologies Private Limited | |||
| Lexstart Consultancy Private Limited |
To see the full MSME payment records of Karza Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Karza Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Karza AA Technologies Private Limited | U74999MH2020PTC338257 |
To see the full group structure of Karza Technologies Private Limited, buy the company report.
Employees & EPFO
Karza Technologies Private Limited has a workforce of 290 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Karza Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karza Technologies Private Limited, buy the company report.
Recent activity
Karza Technologies Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Sabyasachi Goswami ceased to be Additional Director on 16 Sep 2022.
2 earlier events are in the company report.
News
Frequently asked questions
Karza Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Karza Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2015 and is registered under CIN U74120MH2015PTC265316. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Karza Technologies was incorporated on 08 June 2015. It is registered with the Registrar of Companies, Mumbai.
Karza Technologies had 4 directors:
- Gaurav Vijairaj Samdaria - Director
- Sabyasachi Goswami - Director
- Alok Kumar - Director
- Omkar Milind Shirhatti - Director
The CIN (Corporate Identification Number) of Karza Technologies is U74120MH2015PTC265316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karza Technologies is at 111 1st Floor A – Wing Boomerang Chandivali Road Yadav Nagar Chandivali Powai, India, Mumbai, Maharashtra, India – 400072.
Karza Technologies can be reached through the website karza.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Karza Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 04 September 2023. Year-wise statements from FY 2016 are in the company report.
No. Karza Technologies has 1 GST registration on record and it is cancelled or inactive.
Karza Technologies operated in the information technology industry, in the IT consulting and support services segment.
Karza Technologies has 9 deals on record (3 funding rounds, 3 secondary share transfers, 3 rights issues), with disclosed funding of ₹51.97 Cr; the latest was in March 2022.