About Kurmar Research Private Limited
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Kurmar Research Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC103577. Its GSTIN is 29AAGCK6235Q1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kurt Wedderburn and Balkishan Lohariwala.
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.26/A 2nd Floor Krishna Reddy Layout Domlur, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.73 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹58,200 (net margin -0.3%) and EBITDA of ₹1.86 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 10% over five years.
The company is associated with 2 brands: POPProbe and Hope Research Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hoperesearchgroup.com.
Company details
Contact details
Kurmar Research Private Limited's registered office is in Bangalore, Karnataka. Its website is hoperesearchgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.26/A 2nd Floor Krishna Reddy Layout Domlur, Bangalore, Karnataka, India – 560071
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Kurmar Research 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
Brands
Kurmar Research operates two associated brands: POPProbe and Hope Research Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS platform streamlining retail operations, task management, and employee communication via apps. | popprobe.com | |
| Market research and consulting services across international regions. | hoperesearchgroup.com |
Business activity
The main business activity of Kurmar Research is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Kurmar Research Private Limited, buy the company report.
Financials of Kurmar Research Private Limited
FY 2024 filings availableKurmar Research Private Limited reported revenue of ₹1.73 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 30% growth in the latest year. EBITDA fell 12% 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 |
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| EBITDA | ₹1.86 Lakh | ||||
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| Net Profit (PAT) | -₹58,200 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Kurmar Research Private Limited, buy the company report.
Board of directors of Kurmar Research Private Limited
Kurmar Research has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kurt Wedderburn | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Balkishan Lohariwala Also directs: Worly Move Logistics Private Limited | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Kurmar Research Private Limited is audited by S K DHANANIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K DHANANIA & CO | FY 2023 | 008559C |
Shareholding
The shareholding of Kurmar Research 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Kurmar Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kurmar Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kurmar Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kurmar Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK6235Q1ZS | Karnataka | Active | 23 Jan 2018 |
To see the full GST registrations and return filing status of Kurmar Research Private Limited, buy the company report.
Recent activity
Kurmar Research Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Akshatha Nagarajappa ceased to be Director on 10 Feb 2020.
Frequently asked questions
Kurmar Research is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 June 2017 (9+ years old) and is registered under CIN U74999KA2017PTC103577.
Kurmar Research has 2 current directors:
- Kurt Wedderburn - Director
- Balkishan Lohariwala - Director
The latest financial statements of Kurmar Research on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Kurmar Research is 29AAGCK6235Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Kurmar Research is U74999KA2017PTC103577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kurmar Research was incorporated on 05 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Akshatha Nagarajappa ceased to be Director on 10 Feb 2020. Kirti Poddar ceased to be Director on 10 Feb 2020. Narek Gevorgyan ceased to be Director on 10 Feb 2020. Kurmar Research has 7 board changes on record in total.
Kurmar Research can be reached through the website hoperesearchgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kurmar Research is at No.26A 2nd Floor Krishna Reddy Layout Domlur, Bangalore, Karnataka, India – 560071.
Kurmar Research operates in the information technology industry, in the application development and software solutions segment.