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 2,259 cases involving the company, including 1,726 filed by the company and 116 filed against it; 1,530 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 10 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC) are compared by revenue, 5 larger and 5 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.
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- 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
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Business Activity of Krazybee Services Limited
The main business activity of Krazybee Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Krazybee Services Limited FY 2024 filings available
Krazybee Services Limited reported revenue of ₹1,400.33 Cr (up 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Krazybee Services Limited
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 of Krazybee Services Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹507.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.91 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 Krazybee Services Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Krazybee Services 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.
Peer Comparison of Krazybee Services Limited
Krazybee Services Limited is compared with the companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important 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 |
|---|---|---|---|---|---|---|
| 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 Listed | ₹1,441.85 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Media Matrix Worldwide Limited Listed | ₹1,432.46 Cr (FY 2019) | •••• | •••• | 118.0% | •••• | Mumbai, Maharashtra, India |
| Krazybee Services Limited this company | ₹1,400.33 Cr (FY 2024) | •••• | •••• | 95.0% | •••• | Bangalore, Karnataka, India |
| Indostar Capital Finance Limited Listed | ₹1,397.54 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Samvardhana Motherson International Limited | ₹1,371.4 Cr (FY 2020) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| PTC India Financial Services Limited Listed | ₹1,336.51 Cr (FY 2019) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Bobcard Limited | ₹1,326.66 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Birla Group Holdings Private Limited | ₹1,321.75 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Krazybee Services by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important 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.
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 |
Charges & Borrowings of Krazybee Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Others | ₹60 Cr | Open |
| 28 Nov 2025 | Others | ₹20 Cr | Open |
| 27 Nov 2025 | Others | ₹70 Cr | Open |
| 26 Nov 2025 | Others | ₹40 Cr | Open |
| 21 Nov 2025 | Others | ₹30 Cr | Open |
Total charge records: 420 View all charges
Deals & Funding of Krazybee Services Limited
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 |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Krazybee Services Limited
Krazybee Services Limited has 2,259 court cases on record: 1,726 filed by Krazybee Services, 116 filed against it, 417 where it is another party. 1,530 cases are pending and 729 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,147 | 116 | 1,524 |
| High courts | 112 | 0 | 6 |
Cases on record (5 of 2,259)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Paschim Medinpur, West Bengal | Court case (Other Suit) | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 2,259 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.
MSME Payment Delays by Krazybee Services Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Krazybee Services Limited
Employment history and EPFO contributions of people linked to Krazybee Services.
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.
CIN History of Krazybee Services Limited
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 |
Recent Activity on Krazybee Services Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Krazybee Services 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.
Subsidiaries & Group Companies of Krazybee Services 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 Krazybee Services Limited
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 |
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 Krazybee Services 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.
Related news about Krazybee Services Limited
Articles about Krazybee Services Limited on our blog
Frequently Asked Questions about Krazybee Services Limited
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 reported revenue of ₹1,400.33 Cr for FY 2024 (up 95% YoY).
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
Krazybee Services reported a net profit of ₹26.91 Cr (net margin 1.9%) and EBITDA of ₹507.13 Cr (EBITDA margin 36.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krazybee Services is 84% over three years and 89% over five years. In the latest year (FY 2024) revenue rose 95%. CAGR is the steady yearly rate that links the first and the last year.
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 2,259 court cases on record: 1,726 filed by the company and 116 filed against it. 1,530 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, Media Matrix Worldwide Limited and 5 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC).
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.