Promoter holding
64.27%
GS
Girnar Software Private Limited - Due diligence report
A 360° intelligence report on Girnar: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Girnar — 360° Intelligence Report
Generated from MCA filings & public records76/100
Trust Score
Low Risk
Girnar is assessed as Low Risk with a Trust Score of 76/100. Girnar is an active private limited indian non-government company incorporated in 2006, operating in the E-Commerce sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Girnar Software Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
66/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
- Externally credit-rated (BBB-).
Charges position: 12 open (115.25 cr) · 13 satisfied (325.19 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 14 | 48.0 cr |
| The Hongkong And Shanghai Banking Corporation Limited | 4 | 48.0 cr |
| Hdfc Bank Limited | 5 | 48.0 cr |
| Citi Bank N.A. | 2 | 48.0 cr |
Compliance Score: 66/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (8 disclosure(s)).
- 10 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 80/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| PARTHASARATHY VANKIPURAM SRINIVASA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANURAG JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUTAPA BANERJEE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DAVID SUNGJIN RHEE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ISHAAN MITTAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHAILESH LAKHANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| UMANG KUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMIT JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MAYANK GUPTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- 4 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
7
Capital events
59 allotment(s) · 4 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Carbay Philippines Inc | Subsidiary Company | 74.00% |
| Carbay Pte. Ltd (singapore) | Subsidiary Company | 74.00% |
| Carbay Services Malaysia Sdn. Bhd. | Subsidiary Company | 74.00% |
| Gaadi Web Private Limited | Subsidiary Company | 74.00% |
| Girnar Care Private Limited | Subsidiary Company | 74.00% |
| Girnar Software (sez) Private Limited | Subsidiary Company | 74.00% |
| Girnarsoft Automobiles Private Limited | Subsidiary Company | 74.00% |
| Powerdrift Studios Private Limited | Subsidiary Company | 74.00% |
| Pt Carbay Services, Indonesia | Subsidiary Company | 74.00% |
| Girnar Finserv Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: ANURAG JAIN (Managing Director) · AMIT JAIN (Whole-time director) · MAYANK GUPTA (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 85 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 19+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
12 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 2.36 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence72/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 12 open charge(s) of 115.25 cr already registered.
- Compliance gaps should be priced into terms.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events31 Oct 2025
Charge satisfied
Others
29 Sep 2025
Charge satisfied
Others
05 Aug 2025
Director appointed
MAYANK GUPTA (CFO)
04 Aug 2025
Director ceased
NEELESH PRAKASH TALATHI
24 Jun 2025
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
23 Jun 2025
Charge satisfied
Others
20 Mar 2025
Director ceased
SUTAPA BANERJEE
19 Mar 2025
Charge satisfied
Others
12 Mar 2025
Director appointed
SUTAPA BANERJEE (Director)
30 Dec 2024
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 30.00 cr
25 Nov 2024
Last AGM held
Annual general meeting
07 Nov 2024
Charge created
Others - 10.00 cr
19 May 2024
Director ceased
MAYANK GUPTA
31 Mar 2024
Latest balance sheet
Filed with ROC
06 Sep 2023
Charge satisfied
Others
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
10 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BBB- from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 59 security allotment(s) - amounts available in the full report.
19 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Tnq Technologies Private Limited | U72900TN2010PTC077050 | Chennai, Tamil Nadu, India |
| Infinx | U30000MH1996PTC099112 | Mumbai, Maharashtra, India |
| Asianet Broadband | U92132KL1992PLC006725 | Thiruvananthapuram, Kerala, India |
| Clover Infotech | U72200PN2000PTC014922 | Pune, Maharashtra, India |
| Gstn | U72200DL2013GOI249988 | New Delhi, Delhi, India |
| Kantar Gdc India Private Limited | U74140TG1992PTC013677 | Shaikpet, Telangana, India |
| Gd Research Center | U74130TG2006PTC050526 | Hyderabad, Telangana, India |
| Checkersindia | U72900MH2016PTC273768 | Panvel, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Girnar before audits and certifications: compliance score 66/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Girnar: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Girnar - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Girnar pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Girnar - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Girnar an active company?
Girnar has MCA status “Active” with a compliance score of 66/100 (Moderate).
Is Girnar financially healthy?
Girnar has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Girnar?
Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Girnar?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Girnar have loans or charges against its assets?
12 open charge(s) are registered against its assets, and 13 earlier charge(s) stand satisfied.
Is Girnar up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 66/100 (Moderate).
Is it risky to lend to Girnar?
Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
