About Despacho India Private Limited
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Despacho India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Despacho Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC134574. Its GSTIN is 29AAHCD7612D1ZQ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mark Blackwell and Rajeeth Dhasthagir.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Classic Arena 4th Floor 1597/2662 Aecs Layout A Block Singasandra Begur Hobli, Bengaluru, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.39 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹26.07 Lakh (net margin 10.9%) and EBITDA of ₹41.85 Lakh (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 698% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Despacho.
For more details, the company can be reached via its website despacho.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressClassic Arena 4th Floor 1597/2662 Aecs Layout A Block Singasandra Begur Hobli, Bengaluru, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Despacho India Private Limited
Despacho India operates one associated brand: Despacho. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Virtual assistant services for email, scheduling, and customer support tasks. | despacho.io |
Business Activity of Despacho India Private Limited
The main business activity of Despacho India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Despacho India Private Limited FY 2025 filings available
Despacho India Private Limited reported revenue of ₹2.39 Cr (up 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Despacho India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 698% over three years, including 60% growth in the latest year. EBITDA rose 52% 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 of Despacho India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹41.85 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.07 Lakh | •••• | •••• | •••• |
| 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 of Despacho India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Despacho India are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Despacho India Private Limited
Despacho India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Blackwell | Director | 04 Jun 2020 | 6 Years 4 Months | Current |
| Rajeeth Dhasthagir | Director | 04 Jun 2020 | 6 Years 4 Months | Current |
Peer Comparison of Despacho India Private Limited
Despacho India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Constaccent Consultancy Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| XRG Consulting Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Hyderabad, Telangana, India |
| Iovista Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Ahmedabad, Gujarat, India |
| New Rajasthan Precitech Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Udaipur, Rajasthan, India |
| G-Square Solutions Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Despacho India Private Limited this company | ₹2.39 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Bengaluru, Karnataka, India |
| Mapol Business Solutions Private Limited | ₹2.38 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Askgalore Digital India Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bhopal, Madhya Pradesh, India |
| Nextenture India Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
| Shyamasudha IT Solutions Private Limited | ₹2.38 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Sparon Enterprises India Private Limited | ₹2.38 Cr (FY 2018) | •••• | •••• | 170.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Despacho India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Despacho India Private Limited
Despacho India Private Limited is audited by SUJITH KUMAR A AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUJITH KUMAR A AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Despacho India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Despacho India Private Limited
Despacho India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Despacho India Private Limited
Despacho India Private Limited has a workforce of 22 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Despacho India Private Limited
Despacho India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mark Blackwell was appointed as Director on 04 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Despacho India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Despacho India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Despacho India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Despacho India Private Limited
Despacho India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD7612D1ZQ | Karnataka | Active | 06 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Despacho India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Despacho India Private Limited
Despacho India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 June 2020 (6+ years old) and is registered under CIN U72900KA2020FTC134574.
Despacho India reported revenue of ₹2.39 Cr for FY 2024 (up 60% YoY).
Despacho India has 2 current directors:
- Mark Blackwell - Director
- Rajeeth Dhasthagir - Director
Despacho India reported a net profit of ₹26.07 Lakh (net margin 10.9%) and EBITDA of ₹41.85 Lakh (EBITDA margin 17.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Despacho India is 698% over three years. In the latest year (FY 2024) revenue rose 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Despacho India is 29AAHCD7612D1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Despacho India is U72900KA2020FTC134574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Despacho India was incorporated on 04 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Despacho India by revenue are Constaccent Consultancy Private Limited, XRG Consulting Private Limited, Iovista Private Limited, New Rajasthan Precitech Private Limited, G-Square Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Mark Blackwell was appointed as Director on 04 Jun 2020. Rajeeth Dhasthagir was appointed as Director on 04 Jun 2020.
Despacho India can be reached through the website despacho.io. Its registered office is in Bengaluru, Karnataka, India.