About Krazybee Services Limited
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Krazybee Services Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Finnov Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 16 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65100KA2016PLC086990. Its GSTIN is 29AAGCK1119D1ZU (Karnataka). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1,361 Cr and a paid-up capital of ₹1,087.79 Cr. It is led by directors including Karthikeyan Krishnaswamy and Madhusudan Ekambaram.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor No.128/9 Maruthi Sapphire Hal Airport Road Murgesh Palya, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,400.33 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹26.91 Cr (net margin 1.9%) and EBITDA of ₹507.13 Cr (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 89% over five years.
The company has about 2,810 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KrazyBee. As per MCA filings, the company has open charges of ₹6,292.28 Cr and satisfied charges of ₹6,667.09 Cr on record. Court records list 2,253 cases involving the company, including 1,727 filed by the company and 526 filed against it; 1,531 cases are pending. The company has 12 deals on record (6 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹1,757.64 Cr; the latest was in November 2023. Its 6 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 2 smaller; the largest is Jupiter Capital Private Limited with revenue of ₹1,475.77 Cr. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kbnbfc.in.
Company details
CIN history
Krazybee Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100KA2016PLC086990, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100KA2016PLC086990 | Current |
| U65100KA2016PTC086990 | Previous |
| U67100KA2016PTC086990 | Previous |
Contact details
Krazybee Services Limited's registered office is in Bangalore, Karnataka.
- Apps
- Registered Address3rd Floor No.128/9 Maruthi Sapphire Hal Airport Road Murgesh Palya, Bangalore, Karnataka, India – 560017
- IndustryFinancial Services, Investment & Credit NBFC, 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
Business activity
The main business activity of Krazybee Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Krazybee Services Limited, buy the company report.
Financials of Krazybee Services Limited
FY 2024 filings availableKrazybee Services Limited reported revenue of ₹1,400.33 Cr (up 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 95% growth in the latest year. EBITDA rose 100% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1,400.33 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹507.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.91 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 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.2% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Krazybee Services Limited, buy the company report.
Board of directors and KMP of Krazybee Services Limited
Krazybee Services Limited currently reports 10 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Lalit Mohan Joshi | Nominee Director | 29 Aug 2025 | 1 Years 1 Months | Current |
| Karthikeyan Krishnaswamy | Director | 16 Mar 2016 | 10 Years 7 Months | Current |
| Madhusudan Ekambaram Also directs: NXG Innovation Labs LLP, VMD Investment Services LLP, Finnovation Tech Solutions Private Limited and 1 more | Director | 16 Mar 2016 | 10 Years 7 Months | Current |
| Mamtesh Sugla Also directs: Finnovation Tech Solutions Private Limited, Newquest Advisors (India) LLP, Manak Waste Management Private Limited and 1 more | Nominee Director | 29 Aug 2025 | 1 Years 1 Months | Current |
| Adesh Gupta Kumar Also directs: Grasim Industries Ltd, Anand Rathi Wealth Limited, Krsnaa Diagnostics Limited and 4 more | Director | 28 May 2019 | 7 Years 4 Months | Current |
| Vinit Mukesh Mehta | Nominee Director | 29 Aug 2025 | 1 Years 1 Months | Current |
Peer comparison
Krazybee Services Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Capital Private Limited | ₹1,475.77 Cr (FY 2024) | 15.0% | Bangalore, Karnataka, India | |||
| Gyan Enterprises Private Limited | ₹1,463.51 Cr (FY 2024) | 25.0% | New Delhi, Delhi, India | |||
| Kisetsu Saison Finance (India) Private Limited | ₹1,442.82 Cr (FY 2024) | 139.0% | Bengaluru, Karnataka, India | |||
| Ugro Capital Limited | ₹1,441.85 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Krazybee Services Limitedthis company | ₹1,400.33 Cr (FY 2024) | ₹26.91 Cr | 1.9% | 95.0% | Bangalore, Karnataka, India | |
| Indostar Capital Finance Limited | ₹1,397.54 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Bobcard Limited | ₹1,326.66 Cr (FY 2024) | 50.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Krazybee Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101197848 | Others | ₹60 Cr | Open | |
| 28 Nov 2025 | 101201948 | Others | ₹20 Cr | Open | |
| 27 Nov 2025 | 101195862 | Others | ₹70 Cr | Open | |
| 26 Nov 2025 | 101199305 | Others | ₹40 Cr | Open | |
| 21 Nov 2025 | 101197845 | Others | ₹30 Cr | Open |
To see the full charge records of Krazybee Services Limited, buy the company report.
Total charge records: 420 View all charges
Deals & funding
Krazybee Services Limited has 12 deals on record (6 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹1,757.64 Cr; the latest was in November 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Funding round · Series D | ₹235.9 Cr | Investors: Wiseanya Limited, Premjiinvest, Motilal Oswal Private Equity |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Dec 2022 | Funding round · Series D | ₹941.98 Cr | Investors: Wiseanya Limited, Premjiinvest, Motilal Oswal Private Equity |
| Sep 2021 | Funding round | ₹36.89 Cr | Investors: Finnov Pte Limited |
| Mar 2021 | Funding round · Series C | ₹210.63 Cr | Investors: Finnov Pte Limited |
To see the full deal history of Krazybee Services 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
Krazybee Services Limited has 2,253 court cases on record: 1,727 filed by Krazybee Services, 526 filed against it. 1,531 cases are pending and 722 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,148 | 422 | 1,525 |
| High courts | 105 | 104 | 6 |
Cases on record (5 of 2,253)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Nellore, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Krazybee Services 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.
Credit ratings & regulatory alerts
Krazybee Services Limited was last rated by Icra on 11 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Jan 2022 |
To see the full credit ratings and regulatory alerts of Krazybee Services Limited, buy the company report.
MSME payment delays
Krazybee Services Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Arthor Services Private Limited | |||
| an individual supplier | |||
| Bitonic Technology Labs Private Limited | |||
| Timesol Facility Management Private Limited |
To see the full MSME payment records of Krazybee Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Krazybee Services has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK1119D1ZU | Karnataka | Active | 01 Jul 2017 |
| 29AAGCK1119D2ZT | Karnataka | Active | 04 Feb 2025 |
| 29AAGCK1119D3ZS | Karnataka | Active | 04 Feb 2025 |
| 33AAGCK1119D2Z4 | Tamil Nadu | Active | 03 Jan 2023 |
To see the full GST registrations and return filing status of Krazybee Services Limited, buy the company report.
Recent activity
Krazybee Services Limited has 18 board changes on record since 2016: 11 appointments and 7 cessations. The latest: Gagan Lalit Mohan Joshi was appointed as Nominee Director on 29 Aug 2025.
741 earlier events are in the company report.
News
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Frequently asked questions
Krazybee Services is an active public limited company based in Bangalore, Karnataka, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 16 March 2016 (10+ years old) and is registered under CIN U65100KA2016PLC086990.
Krazybee Services has 11 current directors and KMP:
- Gagan Lalit Mohan Joshi - Nominee Director
- Karthikeyan Krishnaswamy - Director
- Madhusudan Ekambaram - Director
- Mamtesh Sugla - Nominee Director
- Adesh Gupta Kumar - Director
- Vinit Mukesh Mehta - Nominee Director
- Abhishek Singhvi - Director
- Nattanmai Venkataraman Saravanan - Nominee Director
- Ravindra Prabhakar Sengaonkar - Director
- Shashikala Ramachandra - Director
- Vivek Veda - Cfo
The latest financial statements of Krazybee Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Krazybee Services is 29AAGCK1119D1ZU, registered in Karnataka. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAGCK1119D2ZT (Karnataka), 29AAGCK1119D3ZS (Karnataka), 33AAGCK1119D2Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Krazybee Services is U65100KA2016PLC086990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krazybee Services has 2,253 court cases on record: 1,727 filed by the company and 526 filed against it. 1,531 are pending. Most are in the district courts.
Krazybee Services was incorporated on 16 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Krazybee Services has 12 deals on record (6 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹1,757.64 Cr; the latest was in November 2023.
The peers of Krazybee Services by revenue are Jupiter Capital Private Limited, Gyan Enterprises Private Limited, Kisetsu Saison Finance (India) Private Limited, Ugro Capital Limited, Indostar Capital Finance Limited and 1 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Gagan Lalit Mohan Joshi was appointed as Nominee Director on 29 Aug 2025. Mamtesh Sugla was appointed as Nominee Director on 29 Aug 2025. Nattanmai Venkataraman Saravanan was appointed as Nominee Director on 29 Aug 2025. Krazybee Services has 18 board changes on record in total.
Krazybee Services has 11 MSME Form 1 returns on record between 2020 and 2024, listing 44 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Krazybee Services can be reached through the website kbnbfc.in. Its registered office is in Bangalore, Karnataka, India.