About Incadea India Private Limited
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Incadea India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Incadea Gmbh. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC060270. Its GSTIN is 29AACCI7710A1ZX (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.06 Lakh. It is led by directors including Hitesh Kumar (Whole-Time Director) and Werner Alois Leinauer.
Its last annual general meeting (AGM) was held on 26 May 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Mfar Silverline Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.64 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Cr (net margin 19%) and EBITDA of ₹10.5 Cr (EBITDA margin 27.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Incadea. Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in December 2017. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incadea.com.
Company details
Contact details
Incadea India Private Limited's registered office is in Bangalore, Karnataka. Its website is incadea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMfar Silverline Tech Park 1st Floor Epip 2nd Phase, Whitefield 180 Epip Zone Brookefield Chinnapanahalli, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Incadea India 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
Incadea India operates one associated brand: Incadea. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise solutions provider for the automotive retail industry | incadea.com |
Financials of Incadea India Private Limited
FY 2024 filings availableIncadea India Private Limited reported revenue of ₹37.64 Cr (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 23% growth in the latest year. EBITDA rose 94% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.64 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 19% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Incadea India Private Limited, buy the company report.
Board of directors of Incadea India Private Limited
Incadea India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Werner Alois Leinauer | Director | 27 Feb 2020 | 6 Years 8 Months | Current |
| Brian Beattie | Director | 13 Sep 2019 | 7 Years 1 Months | Current |
| Hitesh Kumar | Whole-Time Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Syam Ravi Menon | Nominee Director | 10 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Incadea India Private Limited is audited by Gunasheela and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gunasheela and Associates | FY 2023 | 011931S |
Shareholding
The shareholding of Incadea India 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 Incadea India Private Limited, buy the company report.
Deals & funding
Incadea India Private Limited has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in December 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Rights issue | ₹91.3 Lakh | Investors: Incadea GMBH |
| Sep 2017 | Rights issue | ₹74.7 Lakh | Investors: Incadea GMBH |
| Jun 2017 | Rights issue | ₹68.3 Lakh | Investors: Incadea GMBH |
| Dec 2016 | Rights issue | ₹98.8 Lakh | Investors: Incadea GMBH |
| Jan 2016 | Rights issue | ₹2.86 Cr | Investors: Incadea GMBH |
To see the full deal history of Incadea India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Incadea India Private Limited has 1 court case on record: 1 filed by Incadea India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Central Tax and 3 others | Disposed |
To see the full case history of Incadea India 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
Incadea India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VM Mount Air Tech Pvt Ltd |
To see the full MSME payment records of Incadea India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Incadea India Private Limited has a workforce of 117 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Incadea India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI7710A1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Incadea India Private Limited, buy the company report.
Recent activity
Incadea India Private Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Syam Ravi Menon was appointed as Nominee Director on 10 Nov 2025.
6 earlier events are in the company report.
Frequently asked questions
Incadea India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2011 (15+ years old) and is registered under CIN U72200KA2011PTC060270.
Incadea India has 4 current directors:
- Hitesh Kumar - Whole-Time Director
- Werner Alois Leinauer - Director
- Brian Beattie - Director
- Syam Ravi Menon - Nominee Director
The latest financial statements of Incadea India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 26 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Incadea India is 29AACCI7710A1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Incadea India is U72200KA2011PTC060270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incadea India has 1 court case on record: 1 filed by the company.
Incadea India was incorporated on 06 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Incadea India has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in December 2017.
Syam Ravi Menon was appointed as Nominee Director on 10 Nov 2025. Cem Ocek ceased to be Additional Director on 09 Aug 2024. Manu Krishna ceased to be Alternate Director on 31 Jul 2024. Incadea India has 15 board changes on record in total.
Incadea India has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Apr 2021.
Incadea India can be reached through the website incadea.com. Its registered office is in Bangalore, Karnataka, India.