
Idare Private Limited
About Idare Private Limited
Data last updated:
Idare Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 13 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2020PTC133346. Its GSTIN is 29AAFCI6122H1ZK (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.51 Cr. It is led by directors Vaamaa Baldota and Shrenik Kumar Narendrakumar Baldota.
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 No. 26/20 Abshot Layout Sankey Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr and EBITDA of -₹1.91 Cr. Revenue has grown at a compounded annual rate (CAGR) of 189% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iDare.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Idare Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 26/20 Abshot Layout Sankey Road, Bangalore, Karnataka, India – 560001
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Idare 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
Brands
Idare operates one associated brand: iDare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile app offering therapy, legal aid, safety resources, and emotional guidance. | idare.co.in |
Business activity
The main business activity of Idare is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Idare Private Limited, buy the company report.
Financials of Idare Private Limited
FY 2025 filings availableIdare Private Limited reported revenue of ₹9.18 Lakh (up 179% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 189% over three years, including 179% growth in the latest year. EBITDA rose 18% 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 |
|---|---|---|---|---|---|
| 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 | -₹1.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.99 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Idare Private Limited, buy the company report.
Board of directors of Idare Private Limited
Idare has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaamaa Baldota | Director | 13 Mar 2020 | 6 Years 7 Months | Current |
| Shrenik Kumar Narendrakumar Baldota | Director | 13 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Idare Private Limited is audited by S. B CHHAJED AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. B CHHAJED AND CO. | FY 2023 | 101802W |
Shareholding
The shareholding of Idare Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Idare Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Idare 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 Idare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Idare Private Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Idare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI6122H1ZK | Karnataka | Active | 06 Jun 2020 |
To see the full GST registrations and return filing status of Idare Private Limited, buy the company report.
Recent activity
Idare Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Shrenik Kumar Narendrakumar Baldota was appointed as Director on 13 Mar 2020.
Frequently asked questions
Idare is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 13 March 2020 (6+ years old) and is registered under CIN U85100KA2020PTC133346.
Idare has 2 current directors:
- Vaamaa Baldota - Director
- Shrenik Kumar Narendrakumar Baldota - Director
The latest financial statements of Idare 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 2020 are in the company report.
The GSTIN of Idare is 29AAFCI6122H1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Idare is U85100KA2020PTC133346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idare was incorporated on 13 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Shrenik Kumar Narendrakumar Baldota was appointed as Director on 13 Mar 2020. Vaamaa Baldota was appointed as Director on 13 Mar 2020.
The registered office of Idare is at No. 2620 Abshot Layout Sankey Road, Bangalore, Karnataka, India – 560001.
Idare operates in the internet industry, in the online service marketplaces segment.
The compliance status of Idare is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.

