About KRSV Innovative Auto Solutions Private Limited
Data last updated:
KRSV Innovative Auto Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 21 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50401KA2015PTC083596. Its GSTIN is 29AAFCK9796H1ZO (Karnataka). The company holds 17 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Hardevi Gordhandas Vazirani and Micah Terrell Shepard.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹198.2 Cr. For the same year it recorded a net loss of ₹36.37 Cr (net margin -18.4%) and EBITDA of -₹26.51 Cr (EBITDA margin -13.4%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 85% over five years.
The company has about 384 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Koovers. As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 19 deals on record (7 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹23.89 Cr; the latest was in September 2023. Its 10 peer companies in the Ecommerce and Internet industry (Auto) are compared by revenue, 5 larger and 5 smaller; the largest is Rsya Dhanbad Auto Private Limited with revenue of ₹200.85 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 28 overdue payments to 14 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 koovers.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address#08 Industrial Layout, 27th Cross, Bangalore, Karnataka, India – 560070
- IndustryE-Commerce, Online Automotive Platforms
- 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 KRSV Innovative Auto Solutions Private Limited
The main business activity of KRSV Innovative Auto Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 KRSV Innovative Auto Solutions Private Limited FY 2025 filings available
KRSV Innovative Auto Solutions Private Limited reported revenue of ₹198.2 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of KRSV Innovative Auto Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 85% over five years. 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 KRSV Innovative Auto 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 | -₹26.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹36.37 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 KRSV Innovative Auto Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.4% | •••• | •••• | •••• | •••• |
| 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 KRSV Innovative Auto 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.
Peer Comparison of KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Auto). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rsya Dhanbad Auto Private Limited | ₹200.85 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Patna, Bihar, India |
| Sobek Auto India Private Limited | ₹199.98 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Joshi Auto Zone Private Limited | ₹199.48 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Chandigarh, India |
| Basudeb Auto Limited | ₹198.56 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ranchi, Jharkhand, India |
| Kalinga Auto Mobiles Private Limited | ₹198.53 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bhubaneswar, Odisha, India |
| KRSV Innovative Auto Solutions Private Limited this company | ₹198.2 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Kin-Jaw Auto Engineering Private Limited | ₹196.4 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Aurangabad, Maharashtra, India |
| Malik Auto Zone Private Limited | ₹195.41 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Shubhyan Auto Private Limited | ₹194.77 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmednagar, Maharashtra, India |
| Motherson Auto Limited | ₹194.5 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Star Auto Industries Private Limited | ₹192.23 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below KRSV Innovative Auto Solutions by revenue in the Ecommerce and Internet industry (Auto), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited is audited by Mohana Mani & Associates for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mohana Mani & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardevi Gordhandas Vazirani Also directs: Schaeffler India Limited, Vitesco Technologies India Private Limited, Schaeffler Global Services India Private Limited and 2 more | Director | 07 Feb 2024 | 2 Years 8 Months | Current |
| Micah Terrell Shepard | Director | 07 Feb 2024 | 2 Years 8 Months | Current |
| Begur Sheshadri Sandeep | Director | 21 Oct 2015 | 10 Years 11 Months | Current |
| Kadam Harsha Gopal Also directs: Schaeffler India Limited, Vitesco Technologies India Private Limited, Schaeffler Global Services India Private Limited and 1 more | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
Ownership and Shareholding of KRSV Innovative Auto 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 KRSV Innovative Auto Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2022 | Others | ₹5 Cr | Satisfied |
| 31 Oct 2022 | Others | ₹5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited has 19 deals on record (7 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹23.89 Cr; the latest was in September 2023.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Inflection Point Ventures, 3 individuals Seller: 4 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Kandolite Lamps Private Limited Seller: an individual |
| Aug 2021 | Rights issue | ₹16.1 Lakh | Investors: an individual |
| Mar 2021 | Rights issue | ₹3.48 Cr | Investors: 4 individuals Seller: 4 individuals |
| Jan 2021 | Rights issue | ₹28.7 Lakh | Investors: 2 individuals |
Full deal history
All 19 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 KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited has 7 court cases on record: 6 filed by KRSV Innovative Auto Solutions, 1 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Dipen Motors | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 7 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 KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 28 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Aradhyas Consultancy Private Limited | •••• | •••• | •••• |
| Ice Cream Labs Brand & Advertising Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 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.
Associated Brands with KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions operates one associated brand: Koovers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based platform offering car spare parts and accessories | koovers.in |
Employees and EPFO Compliance at KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited has a workforce of 384 employees as of Oct 08, 2025.
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 KRSV Innovative Auto Solutions Private Limited
Recent Activity on KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions Private Limited has 14 board changes on record since 2015: 4 appointments and 10 cessations. The latest: Hardevi Gordhandas Vazirani ceased to be Additional Director on 09 Sep 2024.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for KRSV Innovative Auto 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.
Subsidiaries & Group Companies of KRSV Innovative Auto 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 KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK9796H1ZO | Karnataka | Active | 01 Jul 2017 |
| 29AAFCK9796H2ZN | Karnataka | Active | 31 Jan 2025 |
| 07AAFCK9796H1ZU | Delhi | Active | 26 Nov 2018 |
| 36AAFCK9796H1ZT | Telangana | Active | 13 Jul 2020 |
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 KRSV Innovative Auto 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 KRSV Innovative Auto Solutions Private Limited
KRSV Innovative Auto Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 21 October 2015 (11+ years old) and is registered under CIN U50401KA2015PTC083596.
KRSV Innovative Auto Solutions reported revenue of ₹198.2 Cr for FY 2025.
KRSV Innovative Auto Solutions has 4 current directors:
- Hardevi Gordhandas Vazirani - Director
- Micah Terrell Shepard - Director
- Begur Sheshadri Sandeep - Director
- Kadam Harsha Gopal - Director
KRSV Innovative Auto Solutions reported a net loss of ₹36.37 Cr (net margin -18.4%) and EBITDA of -₹26.51 Cr (EBITDA margin -13.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of KRSV Innovative Auto Solutions is 82% over three years and 85% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of KRSV Innovative Auto Solutions is 29AAFCK9796H1ZO, registered in Karnataka. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAFCK9796H2ZN (Karnataka), 07AAFCK9796H1ZU (Delhi), 36AAFCK9796H1ZT (Telangana).
The CIN (Corporate Identification Number) of KRSV Innovative Auto Solutions is U50401KA2015PTC083596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KRSV Innovative Auto Solutions has 7 court cases on record: 6 filed by the company and 1 filed against it.
KRSV Innovative Auto Solutions was incorporated on 21 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
KRSV Innovative Auto Solutions has 19 deals on record (7 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹23.89 Cr; the latest was in September 2023.
The peers of KRSV Innovative Auto Solutions by revenue are Rsya Dhanbad Auto Private Limited, Sobek Auto India Private Limited, Joshi Auto Zone Private Limited, Basudeb Auto Limited, Kalinga Auto Mobiles Private Limited and 5 more, all in the Ecommerce and Internet industry (Auto).
Hardevi Gordhandas Vazirani ceased to be Additional Director on 09 Sep 2024. Kadam Harsha Gopal ceased to be Additional Director on 09 Sep 2024. Micah Terrell Shepard ceased to be Additional Director on 09 Sep 2024. KRSV Innovative Auto Solutions has 14 board changes on record in total.