- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0072481

About Intersect Innovations Private Limited
Data last updated:
Intersect Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2013PTC071181. Its GSTIN is 29AADCI3546B1ZS (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Boominathan Balasubramanian and Balasubramanian Suseela.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat 704 C – Block Surabhi Apartments Bilekkahalli Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.3 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹35,431 (net margin 1.5%) and EBITDA of ₹3.39 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 31% over five years.
The company is associated with 1 brand: IntersectIQ.
Intersect Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072481). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website intersectiq.com.
Company details
Recognitions & Rankings of Intersect Innovations
Contact details
Intersect Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is intersectiq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat 704 C – Block Surabhi Apartments Bilekkahalli Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Intersect Innovations 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
Intersect Innovations operates one associated brand: IntersectIQ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-based solutions for business process management. | intersectiq.com |
Business activity
The main business activity of Intersect Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Intersect Innovations Private Limited, buy the company report.
Financials of Intersect Innovations Private Limited
FY 2024 filings availableIntersect Innovations Private Limited reported revenue of ₹23.3 Lakh (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 55% 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
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| EBITDA | ₹3.39 Lakh | ||||
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| Net Profit (PAT) | ₹35,431 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Intersect Innovations Private Limited, buy the company report.
Board of directors of Intersect Innovations Private Limited
Intersect Innovations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boominathan Balasubramanian | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Balasubramanian Suseela | Director | 26 Feb 2019 | 7 Years 7 Months | Current |
Peer comparison
Intersect Innovations Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wikta IT Services Private Limited | ₹23.32 Lakh (FY 2025) | -9.0% | Thiruvananthapuram, Kerala, India | |||
| Zambient Info Systems Private Limited | ₹23.32 Lakh (FY 2025) | -23.0% | Hyderabad, Telangana, India | |||
| Pudami Solutions Private Limited | ₹23.32 Lakh (FY 2024) | -91.0% | Hyderabad, Telangana, India | |||
| Intersect Innovations Private Limitedthis company | ₹23.3 Lakh (FY 2024) | ₹35,431 | 1.5% | -71.0% | Bangalore, Karnataka, India | |
| Teresa Santa Solutions Private Limited | ₹23.29 Lakh (FY 2024) | -9.0% | Chennai, Tamil Nadu, India | |||
| Infocad Enterprises Pvt Ltd | ₹23.29 Lakh (FY 2025) | -45.0% | Hyderabad, Telangana, India | |||
| Screl Info Private Limited | ₹23.28 Lakh (FY 2025) | 75.0% | Kakanchery, Kerala, India | |||
| Soulverse India Private Limited | ₹23.27 Lakh (FY 2024) | Dehradun, Uttarakhand, India |
To see the full peer comparison of Intersect Innovations Private Limited, buy the company report.
Shareholding
The shareholding of Intersect Innovations Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Intersect Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Intersect Innovations 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 Intersect Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Intersect Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI3546B1ZS | Karnataka | Active | 11 Jan 2019 |
To see the full GST registrations and return filing status of Intersect Innovations Private Limited, buy the company report.
Recent activity
Intersect Innovations Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Balasubramanian Suseela ceased to be Additional Director on 19 Aug 2019.
Frequently asked questions
Intersect Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 2013 (13+ years old) and is registered under CIN U72400KA2013PTC071181.
Intersect Innovations has 2 current directors:
- Boominathan Balasubramanian - Director
- Balasubramanian Suseela - Director
The latest financial statements of Intersect Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Intersect Innovations is 29AADCI3546B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Intersect Innovations is U72400KA2013PTC071181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intersect Innovations was incorporated on 26 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Intersect Innovations by revenue are Wikta IT Services Private Limited, Zambient Info Systems Private Limited, Pudami Solutions Private Limited, Teresa Santa Solutions Private Limited, Infocad Enterprises Pvt Ltd and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Balasubramanian Suseela ceased to be Additional Director on 19 Aug 2019. Boominathan Balasubramanian ceased to be Additional Director on 19 Aug 2019. Shuba Girish ceased to be Director on 12 Jun 2019. Intersect Innovations has 6 board changes on record in total.
Yes, Intersect Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0072481).
Intersect Innovations can be reached through the website intersectiq.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Intersect Innovations is at Flat 704 C – Block Surabhi Apartments Bilekkahalli Bannerghatta Road, Bangalore, Karnataka, India – 560076.