Indago Research Private Limited
About Indago Research Private Limited
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Indago Research Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 23 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC112541. Its GSTIN is 29AAECI8521M1Z3 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Madhusudan Chaudhary and Mahendra Kumar Chaudhary.
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 T – 01B1001 Godrej Woodsman Estate Tower Ebony (1) Hebbal, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.24 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹5.8 Lakh (net margin 1.8%) and EBITDA of ₹7.66 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 55% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
Company details
Contact details
Indago Research Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT – 01B1001 Godrej Woodsman Estate Tower Ebony (1) Hebbal, Bangalore, Karnataka, India – 560024
- IndustryProfessional Services, Scientific, Technical, Personal
To see the full contact details of Indago Research 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
Business activity
The main business activity of Indago Research 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 Indago Research Private Limited, buy the company report.
Financials of Indago Research Private Limited
FY 2025 filings availableIndago Research Private Limited reported revenue of ₹3.24 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 107% growth in the latest year. EBITDA rose 547% 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 | ₹7.66 Lakh | ||||
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| Net Profit (PAT) | ₹5.8 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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| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Indago Research Private Limited, buy the company report.
Board of directors of Indago Research Private Limited
Indago Research has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhusudan Chaudhary Also directs: Quralyst India Private Limited, Eka Capital Private Limited | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
| Mahendra Kumar Chaudhary Also directs: Quralyst India Private Limited, Eka Capital Private Limited | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Indago Research Private Limited is audited by LMP and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LMP and Associates | FY 2024 | 15450S |
Shareholding
The shareholding of Indago Research Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indago Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indago Research 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 Indago Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indago Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI8521M1Z3 | Karnataka | Active | 09 Dec 2019 |
To see the full GST registrations and return filing status of Indago Research Private Limited, buy the company report.
Recent activity
Indago Research Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Madhusudan Chaudhary was appointed as Director on 23 Apr 2018.
Frequently asked questions
Indago Research is an active private limited company based in Bangalore, Karnataka, India. The company works in scientific, within the professional services industry. It was incorporated on 23 April 2018 (8+ years old) and is registered under CIN U74999KA2018PTC112541.
Indago Research has 2 current directors:
- Madhusudan Chaudhary - Director
- Mahendra Kumar Chaudhary - Director
The latest financial statements of Indago Research 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 2019 are in the company report.
The GSTIN of Indago Research is 29AAECI8521M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Indago Research is U74999KA2018PTC112541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indago Research was incorporated on 23 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Madhusudan Chaudhary was appointed as Director on 23 Apr 2018. Mahendra Kumar Chaudhary was appointed as Director on 23 Apr 2018.
The registered office of Indago Research is at T – 01B1001 Godrej Woodsman Estate Tower Ebony 1 Hebbal, Bangalore, Karnataka, India – 560024.
Indago Research operates in the professional services industry, in the scientific segment.
Indago Research can be reached at its registered office: T – 01B1001 Godrej Woodsman Estate Tower Ebony 1 Hebbal, Bangalore, Karnataka, India – 560024.
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