Allstate India Private Limited

Allstate India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2012FTC064201 Incorporated 01 June 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹1,889.3 Cr
▲ 2% YoY
Net profit · FY 2025
₹204.67 Cr
Net margin 10.8%
EBITDA · FY 2025
₹391.15 Cr
EBITDA margin 20.7%
Authorised capital
₹18.5 Cr
Registered with MCA
Paid-up capital
₹9.62 Cr
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
9
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Allstate India Private Limited

Data last updated:

Allstate India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Allstate Non- Insurance Holding, Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012FTC064201. Its GSTIN is 29AAECN0122B1Z4 (Karnataka). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹9.62 Cr. It was formerly known as Northbrook Services India Private Limited. It is led by directors including Shibu Mathew Zacharia (Managing Director) and Michael Ross Fiato.

Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,889.3 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹204.67 Cr (net margin 10.8%) and EBITDA of ₹391.15 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.

The company is associated with 1 brand: Allstate India. Court records list 2 cases involving the company, including 2 filed against it. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹30.31 Cr; the latest was in November 2014. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Akamai Technologies India Private Limited with revenue of ₹1,906 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 9 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allstateindia.com.

Company details

CIN U74900KA2012FTC064201
Registration Number 064201
Incorporation Date 01 June 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Allstate Non- Insurance Holding, Inc.
Compliance Status Active Compliant

Contact details

Allstate India Private Limited's registered office is in Bangalore, Karnataka. Its website is allstateindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Rmz Ecoworld 7th Floor Building No 1 Devarabeesanahalli Village Varthur Hobl, I, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Allstate India Private Limited, buy the company report.

Comprehensive company report
Allstate India 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

Allstate India operates one associated brand: Allstate India. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive IT solutions, operations, and data analytics services for businesses.allstateindia.com

Business activity

The main business activity of Allstate India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Allstate India Private Limited, buy the company report.

Financials of Allstate India Private Limited

FY 2025 filings available

Allstate India Private Limited reported revenue of ₹1,889.3 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹1,889.3 Cr ▲ 2%
Net profit · FY 2025
₹204.67 Cr margin 10.8%
EBITDA · FY 2025
₹391.15 Cr margin 20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 20%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 2% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹391.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹204.67 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.7%
Net Profit Margin10.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Allstate India Private Limited, buy the company report.

Board of directors and KMP of Allstate India Private Limited

Allstate India Private Limited currently reports 8 directors and 1 key managerial person. 18 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Hemlata NevetiaCfo27 Aug 20188 Years 1 MonthsCurrent
Tejaswini Prakash HebalkarAdditional Director15 Sep 20251 Years 1 MonthsCurrent
Shibu Mathew ZachariaManaging Director15 Sep 20251 Years 1 MonthsCurrent
Michael Ross FiatoDirector26 Mar 20251 Years 6 MonthsCurrent
Deborah Beth KoplovitzDirector17 May 20242 Years 5 MonthsCurrent
Mario RizzoDirector11 Dec 20232 Years 10 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Peer comparison

Allstate India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Akamai Technologies India Private Limited₹1,906 Cr (FY 2025)24.0%Bengaluru, Karnataka, India
Agilent Technologies (International) Private Limited₹1,889.33 Cr (FY 2025)10.0%Gurgaon, Haryana, India
Allstate India Private Limitedthis company₹1,889.3 Cr (FY 2025)₹204.67 Cr10.8%2.0%Bangalore, Karnataka, India
Emerson Electric Company (India) Private Limited₹1,860.74 Cr (FY 2025)14.0%Mumbai, Maharashtra, India

To see the full peer comparison of Allstate India Private Limited, buy the company report.

Auditor

Allstate India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2022008072S

Shareholding

The shareholding of Allstate India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Allstate India Private Limited, buy the company report.

Deals & funding

Allstate India Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹30.31 Cr; the latest was in November 2014.

Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹30.31 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Nov 2014Rights issue₹30 CrInvestors: Allstate Non- Insurance Holdings Inc
Sep 2013Funding round₹9 CrInvestors: Allstate Non- Insurance Holdings Inc
Jun 2013Funding round₹3.02 CrInvestors: Allstate Non- Insurance Holdings Inc
Sep 2012Funding round₹18.29 CrInvestors: Allstate Non- Insurance Holdings Inc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Allstate India Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
Novel Gifting
Zones Corporate Solutions Private Limited
Nutrigain Food Products Private Limited
Beat Box
an individual supplier

To see the full MSME payment records of Allstate India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Allstate India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
29AAECN0122B1Z4KarnatakaActive01 Jul 2017
29AAECN0122B2Z3KarnatakaActive12 Mar 2018
29AAECN0122B3Z2KarnatakaActive04 Feb 2019
27AAECN0122B1Z8MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Allstate India Private Limited, buy the company report.

Recent activity

Allstate India Private Limited has 45 board changes on record since 2012: 27 appointments and 18 cessations. The latest: Christopher Rowe Kiah ceased to be Director on 15 Sep 2025.

Ceased
Christopher Rowe Kiah ceased to be Director.
Appointed
Shibu Mathew Zacharia was appointed as Managing Director.
Appointed
Tejaswini Prakash Hebalkar was appointed as Additional Director.
Ceased
Tanay Chakradhar Kediyal ceased to be Managing Director.
AGM
Allstate India Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Allstate India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Michael Ross Fiato was appointed as Director.
Ceased
Donald Larry Jones ceased to be Director.
Ceased
Katherine Elizabeth Protextor ceased to be Director.
Ceased
Surender K Gupta ceased to be Director.
Appointed
Deborah Beth Koplovitz was appointed as Director.
Ceased
Chetan Kumar Garga ceased to be Managing Director.

36 earlier events are in the company report.

Frequently asked questions

Allstate India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 June 2012 (14+ years old) and is registered under CIN U74900KA2012FTC064201.

Allstate India has 9 current directors and KMP:

The latest financial statements of Allstate India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Allstate India is 29AAECN0122B1Z4, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAECN0122B2Z3 (Karnataka), 29AAECN0122B3Z2 (Karnataka), 27AAECN0122B1Z8 (Maharashtra).

The CIN (Corporate Identification Number) of Allstate India is U74900KA2012FTC064201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Allstate India has 2 court cases on record: 2 filed against it.

Allstate India was incorporated on 01 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Allstate India has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹30.31 Cr; the latest was in November 2014.

The peers of Allstate India by revenue are Akamai Technologies India Private Limited, Agilent Technologies (International) Private Limited, Emerson Electric Company (India) Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other information & communication service activities).

Christopher Rowe Kiah ceased to be Director on 15 Sep 2025. Shibu Mathew Zacharia was appointed as Managing Director on 15 Sep 2025. Tejaswini Prakash Hebalkar was appointed as Additional Director on 15 Sep 2025. Allstate India has 45 board changes on record in total.

Allstate India has 5 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.

Allstate India can be reached through the website allstateindia.com. Its registered office is in Bangalore, Karnataka, India.