MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0059207
Ibtrack Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹63.16 Lakh
▼ 42% YoY
Net profit · FY 2025
₹3.59 Lakh
Net margin 5.7%
EBITDA · FY 2025
₹6.17 Lakh
EBITDA margin 9.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹67.03 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
14
Provident fund records
Directors on board
4
As per MCA filings
About Ibtrack Solutions Private Limited
Data last updated:
Ibtrack Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 07 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC092993. Its GSTIN is 29AAECI1367B1ZS (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹67.03 Lakh. It is led by directors including Sudhendra Dankanikote and Mylai Soundarraj Arun.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.16 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.59 Lakh (net margin 5.7%) and EBITDA of ₹6.17 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Ibtrack Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059207). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibtrack.net.
Company details
CIN U74999KA2016PTC092993
Registration Number 092993
Incorporation Date 07 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0059207
Key People
Anil Chinnabhandar Additional Director Sudhendra Dankanikote Director Mylai Soundarraj Arun Director Recognitions & Rankings of Ibtrack Solutions
Contact details
Ibtrack Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ibtrack.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.25 5th Main 5th Block, Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ibtrack Solutions Private Limited, buy the company report.
Comprehensive company report
Ibtrack Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ibtrack Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ibtrack Solutions Private Limited, buy the company report.
Financials of Ibtrack Solutions Private Limited
FY 2025 filings availableIbtrack Solutions Private Limited reported revenue of ₹63.16 Lakh (down 42% YoY) for FY 2025.
Revenue · FY 2025
₹63.16 Lakh ▼ 42%
Net profit · FY 2025
₹3.59 Lakh margin 5.7%
EBITDA · FY 2025
₹6.17 Lakh margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 29%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 40%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 42% fall in the latest year. EBITDA rose 12% 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 | ₹6.17 Lakh | ||||
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| Net Profit (PAT) | ₹3.59 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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| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Ibtrack Solutions Private Limited, buy the company report.
Board of directors of Ibtrack Solutions Private Limited
Ibtrack Solutions has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Chinnabhandar | Additional Director | 23 May 2025 | 1 Years 5 Months | Current |
| Sudhendra Dankanikote | Director | 07 May 2016 | 10 Years 5 Months | Current |
| Mylai Soundarraj Arun | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Udaya Kumar Muttur | Additional Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Ibtrack Solutions Private Limited is audited by Bhaskar HK & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhaskar HK & Co | FY 2023 | 015954S |
Shareholding
The shareholding of Ibtrack Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibtrack Solutions Private Limited, buy the company report.
Legal cases
Ibtrack Solutions Private Limited has 3 court cases on record: 2 filed by Ibtrack Solutions, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against State of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Ibtrack Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ibtrack Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ibtrack Solutions Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-22.22%
GST
Ibtrack Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI1367B1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ibtrack Solutions Private Limited, buy the company report.
Recent activity
Ibtrack Solutions Private Limited has 10 board changes on record since 2016: 4 appointments and 6 cessations. The latest: Anil Chinnabhandar was appointed as Additional Director on 23 May 2025.
AGM
Ibtrack Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Anil Chinnabhandar was appointed as Additional Director.
Filing
Ibtrack Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Udaya Kumar Muttur was appointed as Additional Director.
Ceased
Anil Chinnabhandar ceased to be Additional Director.
Ceased
Mylai Soundarraj Arun ceased to be Additional Director.
Ceased
Anilkumar Kulakarottu Narayanan Nair ceased to be Director.
Appointed
Mylai Soundarraj Arun was appointed as Director.
Ceased
Mathai David Kalarvilayil ceased to be Additional Director.
Ceased
Mathew Samuel ceased to be Additional Director.
Ceased
Prema Gopi ceased to be Additional Director.
Appointed
Sudhendra Dankanikote was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Ibtrack Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 07 May 2016 (10+ years old) and is registered under CIN U74999KA2016PTC092993.
Ibtrack Solutions has 4 current directors:
- Anil Chinnabhandar - Additional Director
- Sudhendra Dankanikote - Director
- Mylai Soundarraj Arun - Director
- Udaya Kumar Muttur - Additional Director
The latest financial statements of Ibtrack Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ibtrack Solutions is 29AAECI1367B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Ibtrack Solutions is U74999KA2016PTC092993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibtrack Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Ibtrack Solutions was incorporated on 07 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Chinnabhandar was appointed as Additional Director on 23 May 2025. Udaya Kumar Muttur was appointed as Additional Director on 17 Aug 2024. Anil Chinnabhandar ceased to be Additional Director on 29 Sep 2023. Ibtrack Solutions has 10 board changes on record in total.
Yes, Ibtrack Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0059207).
Ibtrack Solutions can be reached through the website ibtrack.net. Its registered office is in Bangalore, Karnataka, India.