Company Intelligence Profile
Qarmatek Services Private Limited
Ahmedabad-based electronics repair, refurbishment, and extended-warranty services company operating the Mobex (refurbished phones) and Quik-E (rapid repair) brands.
CIN: U52602GJ2011PTC064951ActiveRoC Ahmedabad/Gujarat (sources give "Gujarat" and "Ahmedabad" — same jurisdiction, minor label variance)Confidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Qarmatek Services Private Limited |
|---|---|
| CIN | U52602GJ2011PTC064951 |
| PAN | AAACQ2488H (source: Tofler; not independently corroborated by a second source, so treat as partial) |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 14 April 2011 (source: Tofler, TheCompanyCheck — agree) |
| ROC | RoC Ahmedabad/Gujarat (sources give "Gujarat" and "Ahmedabad" — same jurisdiction, minor label variance) |
| Sector (NIC) | Personal & household services — Repair of computers and personal/household goods (NIC code family S/S2); Tofler additionally tags "Trading", TheCompanyCheck tags "Travel and hospitality/Consumer professional services" as secondary sector labels — likely generic classification noise, primary confirmed activity is electronics repair per company's own site. |
| Registered address | 401 to 405, Shashwat Business Park, Old Anant Mill, Opp. Soma Textiles, Rakhial Road, Ahmedabad, Gujarat 380023, India (confirmed — matches address style used on official site qarmatek.com) |
| Authorized capital | ₹2.4 crore (confirmed — Tofler + TheCompanyCheck agree) |
| Paid-up capital | ₹1.94 crore (confirmed — Tofler + TheCompanyCheck agree) |
Business Overview
Confirmed- QarmaTek (brand name of Qarmatek Services Pvt Ltd), founded 2011 by Krunal Shah, is an Ahmedabad-headquartered electronics repair, refurbishment and extended-warranty services company
- It repairs mobiles, consumer electronics, industrial electronics, home appliances, security devices, and EV chargers
- runs "Mobex" (certified refurbished smartphones) and "Quik-E" (rapid retail repair) as sub-brands
- and offers pan-India doorstep pickup/logistics (partnered with FedEx)
- Stated partners/clients include Samsung, Apple, Sony, Vivo, Xiaomi, Tata Play, Jio, Croma, Amazon and AmTrust (insurance)
- Operates from facilities in Ahmedabad, Mumbai, Kolkata and Bengaluru
- claims a 7-day max turnaround
- Recognized as a DPIIT startup (source: TheCompanyCheck)
- EPFO-registered employee count ~415 (source: TheCompanyCheck, FY2024 data)
- Source: company site qarmatek.com (About Us), TheCompanyCheck
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Krunal Saumirbhai Shah | 03465689 | Whole-time Director / Founder-MD, DIN 03465689, appointed 14 Apr 2011 since incorporation | 14 Apr 2011 |
| Arun Anant Hattangadi | 00044089 | Whole-time Director, DIN 00044089 listed by Tofler; not shown in TheCompanyCheck's current board list; possible resignation/discrepancy, flagged as a gap | - |
| Dhaval Rajeshbhai Vakta | 06714695 | Director, DIN 06714695, appointed 25 Nov 2013 | 25 Nov 2013 |
| Mihirkumar Arvind Joshi | 00823615 | Nominee Director, DIN 00823615, appointed 28 Dec 2021 nominee likely representing investor Caspian Impact Investments, given the charge relationship; inferred, not confirmed Note: TheCompanyCheck flags Mihirkumar Arvind Joshi as holding directorships across 12+ other entities e.g., Growit India Pvt Ltd, Alfa Corpuscles Pvt Ltd, Letsdressup Fashion Pvt Ltd, consistent with a nominee/institutional-investor-director profile rather than an operating co-founder. | 28 Dec 2021 |
Financials
Partial / conflicting- Standalone
- FY2024 (year ended Mar 2024) revenue: ₹51.49 crore (down ~23% YoY) — source: TheCompanyCheck
- Tofler (viewing what it labels FY March 2025) shows revenue band "₹25-50 cr" with YoY commentary: Total Revenue -28.67%, Net worth +297.32%, Borrowings -97.03%, Assets +11.01%, Operating margin 6.69%, Net profit margin 8.03%
- The two sources appear to reference different/adjacent fiscal years and are not fully reconcilable from public pages — treat as partial/directional, not exact
- EBITDA, PAT absolute values, and net worth absolute values are locked behind paid reports on both platforms — not obtained
- No independent filing (MCA XBRL) was used per source restrictions, so financials are rated partial confidence
Funding
Partial / conflicting- Partial
- Company's own website (qarmatek.com) states: "Series A funding of $3 million raised in 2022" — single (primary/self-reported) source, not independently corroborated by a press article (search budget exhausted before a second corroborating article could be found)
- Separately, a registered charge shows Caspian Impact Investments Private Limited extended ₹3 crore, registered 31 Jan 2023 (source: Tofler)
- TheCompanyCheck's charges list shows a ₹3 Cr charge from 31 Jan 2023 appearing in BOTH its "open charges" and "satisfied charges" (satisfied 21 Nov 2025) tables — an internal inconsistency on that source, flagged as a data conflict
- Plausible read: Caspian (an impact-investing venture debt/equity firm) provided venture debt around the same period as/adjacent to the stated Series A round, and that debt was later repaid/satisfied in Nov 2025
- Tracxn was not queried (would only be used for round-name confirmation per source rules) — round name not independently confirmed
Charges & Loans
Partial / conflicting- Confirmed (two sources, with one internal inconsistency flagged)
- Per Tofler: one identified charge — Caspian Impact Investments Private Limited, ₹3.0 crore, registered 31 Jan 2023
- Per TheCompanyCheck: Open charges ₹3 Cr (registered 31 Jan 2023, lender listed generically as "Others")
- Satisfied charges: ₹1.09 Cr (registered 23 Oct 2018, satisfied 31 Dec 2022) and ₹3 Cr (registered 31 Jan 2023, satisfied 21 Nov 2025)
- The ₹3 Cr charge appears in both "open" and "satisfied" buckets on TheCompanyCheck — likely a stale/duplicate listing where the charge was in fact satisfied in Nov 2025
- treat the Caspian ₹3 Cr charge as satisfied as of Nov 2025, with the ₹1.09 Cr charge from 2018 also satisfied (Dec 2022)
Legal (Indian Kanoon)
Confirmed- Confirmed (absence)
- No court cases, judgments, or legal proceedings involving "Qarmatek Services Private Limited" were found on Indian Kanoon (search returned no matching results)
Competitors
Partial / conflictingPartial (based on general market knowledge of India's device-repair/refurbishment/extended-warranty space; not independently sourced this session due to search-budget exhaustion — treat as indicative, not verified per-company): 1. Servify — device protection/extended-warranty & repair-as-a-service platform, larger scale, has raised $60M+ across rounds, works with Apple/Xiaomi/Samsung. 2. Onsitego — extended warranty & appliance/electronics protection plans, comparable-to-larger scale. 3. Cashify — refurbished-device marketplace + repair, much larger scale (raised $100M+ cumulatively). 4. Yaantra — device repair & refurbishment for OEMs/e-commerce, similar scale segment. 5. Attero Recycling — e-waste recycling/refurbishment, adjacent/larger scale, different core model (recycling-led). 6. Xiaomi/PickMi-style in-house repair programs and OEM authorized service networks — indirect competitors for repair volume. Qarmatek appears to be a smaller/mid-scale player (₹50 Cr revenue band, ~415 employees) relative to Cashify/Servify's larger, more heavily funded platforms.
Frequently Asked Questions
What does Qarmatek Services Private Limited do?
Ahmedabad-based electronics repair, refurbishment, and extended-warranty services company operating the Mobex (refurbished phones) and Quik-E (rapid repair) brands.
What is the CIN of Qarmatek Services Private Limited?
The Corporate Identification Number (CIN) of Qarmatek Services Private Limited is U52602GJ2011PTC064951.
Where is Qarmatek Services Private Limited registered?
Qarmatek Services Private Limited is registered with RoC Ahmedabad/Gujarat (sources give "Gujarat" and "Ahmedabad" — same jurisdiction, minor label variance). Registered address: 401 to 405, Shashwat Business Park, Old Anant Mill, Opp.
When was Qarmatek Services Private Limited incorporated?
Qarmatek Services Private Limited was incorporated on 14 April 2011 (source: Tofler, TheCompanyCheck — agree).
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