MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0034688
Qarmatek Services Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.49 Cr
▼ 23% YoY
Net loss · FY 2024
₹12.53 Cr
Net margin -24.3%
EBITDA · FY 2024
-₹10.96 Cr
EBITDA margin -21.3%
Authorised capital
₹2.4 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹4.09 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
170
Provident fund records
About Qarmatek Services Private Limited
Data last updated:
Qarmatek Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 14 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52602GJ2011PTC064951. Its GSTIN is 24AAACQ2488H1ZE (Gujarat). The company holds 12 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors including Krunal Saumirbhai Shah (Whole-Time Director) and Dhaval Rajeshbhai Vakta.
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 401 To 405 Shashwat Business Park Old Anant Mill Opp. Soma Textiles Rakhial Road, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.49 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹12.53 Cr (net margin -24.3%) and EBITDA of -₹10.96 Cr (EBITDA margin -21.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company has about 170 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Qarmatek. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹4.09 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹29.35 Cr; the latest was in May 2024.
Qarmatek Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qarmatek.com.
Company details
CIN U52602GJ2011PTC064951
Registration Number 064951
Incorporation Date 14 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0034688
Key People
Krunal Saumirbhai Shah Whole-Time Director Dhaval Rajeshbhai Vakta Director Mihirkumar Arvind Joshi Nominee Director Recognitions & Rankings of Qarmatek Services
Contact details
Qarmatek Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is qarmatek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address401 To 405 Shashwat Business Park Old Anant Mill Opp. Soma Textiles Rakhial Road, Ahmedabad, Gujarat, India – 380023
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Qarmatek Services Private Limited, buy the company report.
Comprehensive company report
Qarmatek Services Private Limited - one report that includes everything
- 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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Brands
Qarmatek Services operates one associated brand: Qarmatek. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics repair, refurbishment, and extended warranty services are provided. | qarmatek.com |
Business activity
The main business activity of Qarmatek Services is personal and household service. In detail, this covers repair of computers and personal and household goods.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S2 | Repair of computers and personal and household goods |
To see the full business activity and turnover split of Qarmatek Services Private Limited, buy the company report.
Financials of Qarmatek Services Private Limited
FY 2024 filings availableQarmatek Services Private Limited reported revenue of ₹51.49 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹51.49 Cr ▼ 23%
Net loss · FY 2024
₹12.53 Cr margin -24.3%
EBITDA · FY 2024
-₹10.96 Cr margin -21.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 6%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 87%
5 years · compounded
▼ 33%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 73% 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 | -₹10.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.53 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -21.3% | ||||
| Net Profit Margin | -24.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Qarmatek Services Private Limited, buy the company report.
Board of directors of Qarmatek Services Private Limited
Qarmatek Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Rajeshbhai Vakta | Director | 25 Nov 2013 | 12 Years 11 Months | Current |
| Mihirkumar Arvind Joshi Also directs: Growit India Private Limited, Alfa Corpuscles Private Limited, Aditi Toys Private Limited and 5 more | Nominee Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Krunal Saumirbhai Shah | Whole-Time Director | 14 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Qarmatek Services Private Limited is audited by Shah Khakhi & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Khakhi & Associates | FY 2022 | 0126506W |
Shareholding
The shareholding of Qarmatek Services 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qarmatek Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹4.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100692236 | Others | ₹3 Cr | Satisfied | |
| 23 Oct 2018 | 100212062 | Others | ₹1.09 Cr | Satisfied |
To see the full charge records of Qarmatek Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Qarmatek Services Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹29.35 Cr; the latest was in May 2024.
Total deals
7
Funding rounds
4
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹29.35 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round · Series B | ₹8 Cr | Investors: 3 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Parilinchus Investments Pvt Ltd |
| Dec 2021 | Funding round · Series A | ₹15 Cr | Investors: GVFL |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2018 | Funding round · Seed | ₹5.97 Cr | Investors: 4 individuals |
To see the full deal history of Qarmatek Services Private 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
Qarmatek Services Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
To see the full case history of Qarmatek Services Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qarmatek Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qarmatek Services Private Limited has a workforce of 170 employees on its EPFO records as of May 2026, across 5 active EPFO establishments.
Employee count
170
Active EPFO establishments
5
Employee growth
-19%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 170 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Qarmatek Services Private Limited, buy the company report.
GST
Qarmatek Services has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
8
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ2488H1ZE | Gujarat | Active | 01 Jul 2017 |
| 19AAACQ2488H2Z4 | West Bengal | Active | 08 Sep 2017 |
| 29AAACQ2488H2Z3 | Karnataka | Active | 12 Oct 2017 |
| 27AAACQ2488H2Z7 | Maharashtra | Active | 27 Nov 2017 |
To see the full GST registrations and return filing status of Qarmatek Services Private Limited, buy the company report.
Recent activity
Qarmatek Services Private Limited has 9 board changes on record since 2011: 4 appointments and 5 cessations. The latest: Mihirkumar Arvind Joshi was appointed as Nominee Director on 28 Dec 2021.
Charges
A charge registered on 31 Jan 2023 via Charge ID 100692236 with Others was fully satisfied on 21 Nov 2025.
AGM
Qarmatek Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Qarmatek Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100692236 was registered on 31 Jan 2023.
Charges
A charge registered on 23 Oct 2018 via Charge ID 100212062 with Others was fully satisfied on 31 Dec 2022.
Appointed
Mihirkumar Arvind Joshi was appointed as Nominee Director.
Ceased
Arun Anant Hattangadi ceased to be Director.
Ceased
Krunal Saumirbhai Shah ceased to be Director.
Charges
A charge with Others of Rs. 1.09 Cr registered on 23 Oct 2018 with Charge ID 100212062 was modified on 11 Aug 2020.
Charges
A charge with Others amounted to Rs. 1.09 Cr with Charge ID 100212062 was registered on 23 Oct 2018.
Ceased
Tanmoy Majumder ceased to be Director.
Ceased
Kunal Pankaj Naik ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Qarmatek Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 14 April 2011 (15+ years old) and is registered under CIN U52602GJ2011PTC064951.
Qarmatek Services has 3 current directors:
- Krunal Saumirbhai Shah - Whole-Time Director
- Dhaval Rajeshbhai Vakta - Director
- Mihirkumar Arvind Joshi - Nominee Director
The latest financial statements of Qarmatek Services 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 2015 are in the company report.
The GSTIN of Qarmatek Services is 24AAACQ2488H1ZE, registered in Gujarat. The company has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAACQ2488H2Z4 (West Bengal), 29AAACQ2488H2Z3 (Karnataka), 27AAACQ2488H2Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Qarmatek Services is U52602GJ2011PTC064951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qarmatek Services has 3 court cases on record: 3 filed against it.
Qarmatek Services was incorporated on 14 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Qarmatek Services has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹29.35 Cr; the latest was in May 2024.
Mihirkumar Arvind Joshi was appointed as Nominee Director on 28 Dec 2021. Arun Anant Hattangadi ceased to be Director on 01 Sep 2021. Krunal Saumirbhai Shah ceased to be Director on 01 Sep 2021. Qarmatek Services has 9 board changes on record in total.
Yes, Qarmatek Services is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0034688).
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