About Iiitb Innovation Centre
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Iiitb Innovation Centre is a private not for profit company based in Bangalore, Karnataka, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 30 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2009NPL049485. Its GSTIN is 29AACCI1575M1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chakravarthy Sundarachar Murali and Debabrata Das.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 26/C Electronics City Hosur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.81 Lakh (net margin -9.7%) and EBITDA of -₹12 Lakh (EBITDA margin -8.4%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iiitb.ac.in.
Company details
Contact details
Iiitb Innovation Centre's registered office is in Bangalore, Karnataka. Its website is iiitb.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 26/C Electronics City Hosur Road, Bangalore, Karnataka, India – 560100
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Iiitb Innovation Centre, 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 Iiitb Innovation Centre is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Iiitb Innovation Centre, buy the company report.
Financials of Iiitb Innovation Centre
FY 2025 filings availableIiitb Innovation Centre reported revenue of ₹1.43 Cr (up 278% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 278% growth in the latest year. EBITDA fell 68% 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 | -₹12 Lakh | ||||
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| Net Profit (PAT) | -₹13.81 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 | -8.4% | ||||
| Net Profit Margin | -9.7% | ||||
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To see the full financial statements and ratios of Iiitb Innovation Centre, buy the company report.
Board of directors of Iiitb Innovation Centre
Iiitb Innovation Centre has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chakravarthy Sundarachar Murali | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
| Debabrata Das Also directs: Iiitb Comet Foundation | Director | 31 Jan 2022 | 4 Years 9 Months | Current |
| Chandrashekar Ramanathan Also directs: Iiitb Comet Foundation | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Kumar Kothandaraman | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Srinath Srinivasa Also directs: Iiitb Comet Foundation | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Iiitb Innovation Centre is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phoenix Techinfra Private Limited | ₹1.43 Cr (FY 2025) | -55.0% | Karnal, Haryana, India | |||
| Dial Port Solution Private Limited | ₹1.43 Cr (FY 2016) | -23.0% | Delhi, India | |||
| Tig Info Services Private Limited | ₹1.43 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Igen Services and Solutions Private Limited | ₹1.43 Cr (FY 2025) | 56.0% | Erode, Tamil Nadu, India | |||
| Iiitb Innovation Centrethis company | ₹1.43 Cr (FY 2025) | -₹13.81 Lakh | -9.7% | 278.0% | Bangalore, Karnataka, India | |
| Novatrip Corporate Private Limited | ₹1.43 Cr (FY 2024) | -67.0% | Thane, Maharashtra, India | |||
| Revgro Media Solutions Private Limited | ₹1.43 Cr (FY 2025) | 71.0% | Thane, Maharashtra, India | |||
| Trnsform Business Solutions Private Limited | ₹1.42 Cr (FY 2024) | 29.0% | Greater Noida, Uttar Pradesh, India |
To see the full peer comparison of Iiitb Innovation Centre, buy the company report.
Auditor
Iiitb Innovation Centre is audited by Rao Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rao Associates | FY 2023 | 003080S |
Shareholding
The shareholding of Iiitb Innovation Centre 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Iiitb Innovation Centre, buy the company report.
Legal cases
No court or tribunal cases involving Iiitb Innovation Centre 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 Iiitb Innovation Centre; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iiitb Innovation Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI1575M1Z5 | Karnataka | Active | 10 May 2018 |
To see the full GST registrations and return filing status of Iiitb Innovation Centre, buy the company report.
Recent activity
Iiitb Innovation Centre has 13 board changes on record since 2015: 5 appointments and 8 cessations. The latest: Debabrata Das ceased to be Additional Director on 29 Sep 2022.
4 earlier events are in the company report.
News
Frequently asked questions
Iiitb Innovation Centre is an active private not for profit company based in Bangalore, Karnataka, India. The company works in management consultancy, within the business services industry. It was incorporated on 30 March 2009 (17+ years old) and is registered under CIN U93090KA2009NPL049485.
Iiitb Innovation Centre has 5 current directors:
- Chakravarthy Sundarachar Murali - Director
- Debabrata Das - Director
- Chandrashekar Ramanathan - Director
- Kumar Kothandaraman - Director
- Srinath Srinivasa - Director
The latest financial statements of Iiitb Innovation Centre on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iiitb Innovation Centre is 29AACCI1575M1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Iiitb Innovation Centre is U93090KA2009NPL049485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iiitb Innovation Centre was incorporated on 30 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iiitb Innovation Centre by revenue are Phoenix Techinfra Private Limited, Dial Port Solution Private Limited, Tig Info Services Private Limited, Igen Services and Solutions Private Limited, Novatrip Corporate Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Debabrata Das ceased to be Additional Director on 29 Sep 2022. Debabrata Das was appointed as Director on 31 Jan 2022. Chandrashekar Ramanathan ceased to be Additional Director on 29 Sep 2021. Iiitb Innovation Centre has 13 board changes on record in total.
Iiitb Innovation Centre can be reached through the website iiitb.ac.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Iiitb Innovation Centre is at No. 26C Electronics City Hosur Road, Bangalore, Karnataka, India – 560100.
Iiitb Innovation Centre operates in the business services industry, in the management consultancy segment.
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