Algonomiqs Technologies Private Limited
About Algonomiqs Technologies Private Limited
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Algonomiqs Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Algonomics Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC107379. Its GSTIN is 29AAQCA1602B1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Prashant Parameshwar Hegde and Deepak Parameshwar Hegde.
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 #9/2 2nd Floor Coronet Green Commercial Complex Ambalipura Sarjapur Main Road, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.94 Lakh (net margin 40.6%) and EBITDA of ₹25.36 Lakh (EBITDA margin 46.9%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Algonomiqs Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#9/2 2nd Floor Coronet Green Commercial Complex Ambalipura Sarjapur Main Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Algonomiqs Technologies 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
Business activity
The main business activity of Algonomiqs Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Algonomiqs Technologies Private Limited, buy the company report.
Financials of Algonomiqs Technologies Private Limited
FY 2024 filings availableAlgonomiqs Technologies Private Limited reported revenue of ₹54.04 Lakh (up 204% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 204% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.36 Lakh | ||||
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| Net Profit (PAT) | ₹21.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 46.9% | ||||
| Net Profit Margin | 40.6% | ||||
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To see the full financial statements and ratios of Algonomiqs Technologies Private Limited, buy the company report.
Board of directors of Algonomiqs Technologies Private Limited
Algonomiqs Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Parameshwar Hegde Also directs: Kosmify Tech Labs LLP, Docpulse Technologies Private Limited | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
| Deepak Parameshwar Hegde | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Algonomiqs Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sysfo Software Solutions Private Limited | ₹54.07 Lakh (FY 2024) | 22.0% | Lucknow, Uttar Pradesh, India | |||
| Actionabl Infotech Private Limited | ₹54.06 Lakh (FY 2024) | 213.0% | Mumbai, Maharashtra, India | |||
| Vbsoft (India) Limited | ₹54.05 Lakh (FY 2022) | -57.0% | Ahmedabad, Gujarat, India | |||
| Syne India Private Limited | ₹54.05 Lakh (FY 2025) | 128185.0% | Muvattupuzha, Kerala, India | |||
| Algonomiqs Technologies Private Limitedthis company | ₹54.04 Lakh (FY 2025) | ₹21.94 Lakh | 40.6% | 204.0% | Bangalore, Karnataka, India | |
| Tesseract Technolabs Private Limited | ₹54.02 Lakh (FY 2024) | 551.0% | Ahmedabad, Gujarat, India | |||
| Softmedia Erp (OPC) Private Limited | ₹54.01 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Algonomiqs Technologies Private Limited, buy the company report.
Shareholding
The shareholding of Algonomiqs Technologies Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Algonomiqs Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Algonomiqs Technologies 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 Algonomiqs Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Algonomiqs Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA1602B1Z2 | Karnataka | Active | 01 Feb 2018 |
To see the full GST registrations and return filing status of Algonomiqs Technologies Private Limited, buy the company report.
Recent activity
Algonomiqs Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Deepak Parameshwar Hegde was appointed as Director on 23 Oct 2017.
Frequently asked questions
Algonomiqs Technologies is an active foreign 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 23 October 2017 (9+ years old) and is registered under CIN U74999KA2017FTC107379.
Algonomiqs Technologies has 2 current directors:
- Prashant Parameshwar Hegde - Director
- Deepak Parameshwar Hegde - Director
The latest financial statements of Algonomiqs Technologies 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 Algonomiqs Technologies is 29AAQCA1602B1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Algonomiqs Technologies is U74999KA2017FTC107379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algonomiqs Technologies was incorporated on 23 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Algonomiqs Technologies by revenue are Sysfo Software Solutions Private Limited, Actionabl Infotech Private Limited, Vbsoft (India) Limited, Syne India Private Limited, Tesseract Technolabs Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Deepak Parameshwar Hegde was appointed as Director on 23 Oct 2017. Prashant Parameshwar Hegde was appointed as Director on 23 Oct 2017.
The registered office of Algonomiqs Technologies is at #92 2nd Floor Coronet Green Commercial Complex Ambalipura Sarjapur Main Road, Bangalore, Karnataka, India – 560103.
Algonomiqs Technologies operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Algonomiqs Technologies is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
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