
About Klasscorp Solutions Private Limited
Data last updated:
Klasscorp Solutions Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Vbb Business Solutions Private Limited. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC082245. Its GSTIN is 29AABCU8429R1ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Urban Ladder Home Solutions Private Limited. It is led by directors Mahesh Dornahalli and Subrahmanya Bhagwat.
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. 362 13th Main 6th A Cross Rajmahal Vilas Extension Sadashivanagar Bengaluru – 560080, Bangalore North, Karnataka, India – 560080.
As per the financials filed for FY 2025, the company reported a revenue of ₹162.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.75 Cr (net margin 5.4%) and EBITDA of ₹12.2 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 358% over three years and 121% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.4 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company; 2 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 urbanladder.com.
- EmailLocked
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- Website
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- Registered AddressNo. 362 13th Main 6th A Cross Rajmahal Vilas Extension Sadashivanagar Bengaluru – 560080, Bangalore North, Karnataka, India – 560080
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
- 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 Klasscorp Solutions Private Limited
The main business activity of Klasscorp Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Klasscorp Solutions Private Limited FY 2024 filings available
Klasscorp Solutions Private Limited reported revenue of ₹162.86 Cr (up 491% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Klasscorp Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years, including 491% growth in the latest year. EBITDA rose 316% 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 of Klasscorp Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.75 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 of Klasscorp Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Klasscorp Solutions are in the company report.
Financial statements from FY 2016
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.
Auditor Details of Klasscorp Solutions Private Limited
Auditor information for Klasscorp Solutions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Klasscorp Solutions Private Limited
Klasscorp Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Dornahalli Also directs: Clean Infra Energy Private Limited, Class Energy Private Limited, Clean Energy Private Limited and 5 more | Director | 12 Apr 2023 | 3 Years 5 Months | Current |
| Subrahmanya Bhagwat Also directs: Class Energy Private Limited, Clean Energy Private Limited, Bharmasagar Energyone Private Limited and 5 more | Additional Director | 27 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Klasscorp Solutions Private 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 Klasscorp Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2025 | Others | ₹10 Cr | Open |
| 02 Jan 2025 | Sidbi | ₹5 Cr | Open |
| 26 Dec 2024 | Sidbi | ₹10 Lakh | Open |
| 03 Oct 2023 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of Klasscorp Solutions Private Limited
Klasscorp Solutions Private Limited has 4 court cases on record: 1 filed by Klasscorp Solutions, 3 where it is another party. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, VIJAYANAGAR, Karnataka | Civil suit | Company is another party | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| District court, RAICHUR, Karnataka | Motor accident claim | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
Full case history
All 4 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.
Employees and EPFO Compliance at Klasscorp Solutions Private Limited
Klasscorp Solutions Private Limited has a workforce of 13 employees as of Apr 10, 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.
News related to Klasscorp Solutions Private Limited
Recent Activity on Klasscorp Solutions Private Limited
Klasscorp Solutions Private Limited has 11 board changes on record since 2020: 2 appointments and 9 cessations. The latest: Shivaleela ceased to be Director on 27 Jan 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Klasscorp Solutions Private 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 Klasscorp Solutions Private 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 Klasscorp Solutions Private 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 Klasscorp Solutions Private Limited
Klasscorp Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU8429R1ZD | Karnataka | 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 Klasscorp Solutions Private 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 Klasscorp Solutions Private Limited
Klasscorp Solutions is an active private limited company based in Bangalore North, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 August 2015 (11+ years old) and is registered under CIN U74900KA2015PTC082245.
Klasscorp Solutions reported revenue of ₹162.86 Cr for FY 2025 (up 491% YoY).
Klasscorp Solutions has 2 current directors:
- Mahesh Dornahalli - Director
- Subrahmanya Bhagwat - Additional Director
Klasscorp Solutions reported a net profit of ₹8.75 Cr (net margin 5.4%) and EBITDA of ₹12.2 Cr (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Klasscorp Solutions is 358% over three years and 121% over five years. In the latest year (FY 2025) revenue rose 491%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Klasscorp Solutions is 29AABCU8429R1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Klasscorp Solutions is U74900KA2015PTC082245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Klasscorp Solutions has 4 court cases on record: 1 filed by the company. 2 are pending. Most are in the district courts.
Klasscorp Solutions was incorporated on 13 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Shivaleela ceased to be Director on 27 Jan 2025. Subrahmanya Bhagwat was appointed as Additional Director on 27 Jan 2025. Hanumanthappa ceased to be Director on 31 Jul 2023. Klasscorp Solutions has 11 board changes on record in total.