
About Isocrates Madtech Private Limited
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Isocrates Madtech Private Limited is a private limited company based in Mysore, Karnataka, India, a subsidiary of Isocrates Llc and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109468. Its GSTIN is 29AAECI7383P1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bolayadirathammaiah Ashwini and William Alederer.
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 Mysore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.01 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 6%) and EBITDA of ₹2.11 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 51% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iSOCRATES.
Isocrates Madtech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-22-0014829). For more details, the company can be reached via its website isocrates.com.
Company details
Recognitions & Rankings of Isocrates Madtech
- Udyam number
- UDYAM-KR-22-0014829
Contact details
Isocrates Madtech Private Limited's registered office is in Mysore, Karnataka. Its website is isocrates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 22/B, Bm Habitat Mall 2nd Floor, Mysore, Karnataka, India – 570012
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Isocrates Madtech 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
Isocrates Madtech operates one associated brand: iSOCRATES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of a range of marketing services | isocrates.com |
Business activity
The main business activity of Isocrates Madtech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Isocrates Madtech Private Limited, buy the company report.
Financials of Isocrates Madtech Private Limited
FY 2024 filings availableIsocrates Madtech Private Limited reported revenue of ₹19.01 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 12% 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 | ₹2.11 Cr | ||||
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| Net Profit (PAT) | ₹1.15 Cr | ||||
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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 | 11.1% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Isocrates Madtech Private Limited, buy the company report.
Board of directors of Isocrates Madtech Private Limited
Isocrates Madtech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bolayadirathammaiah Ashwini | Director | 12 Jan 2018 | 8 Years 9 Months | Current |
| William Alederer | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Isocrates Madtech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metamorf Infotech Private Limited | ₹19.21 Cr (FY 2024) | 732.0% | Bangalore, Karnataka, India | |||
| Cogentsoft Systems Private Limited | ₹19.21 Cr (FY 2025) | 160.0% | Chennai, Tamil Nadu, India | |||
| Stepping Cloud Consulting Private Limited | ₹19.09 Cr (FY 2024) | 61.0% | Delhi, India | |||
| Esg Data Solutions Private Limited | ₹19.05 Cr (FY 2025) | 6.0% | Mangalore, Karnataka, India | |||
| C 1 India Private Limited | ₹19.03 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Isocrates Madtech Private Limitedthis company | ₹19.01 Cr (FY 2025) | ₹1.15 Cr | 6% | -5.0% | 144 | Mysore, Karnataka, India |
| Finalsite India Private Limited | ₹19 Cr (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| Skypro Technologies Private Limited | ₹19 Cr (FY 2024) | -4.0% | Bengaluru, Karnataka, India | |||
| Rephrase Technologies Private Limited | ₹18.99 Cr (FY 2024) | -19.0% | Bangalore, Karnataka, India | |||
| TR IT Services Private Limited | ₹18.99 Cr (FY 2023) | Delhi, India | ||||
| Checkred India Private Limited | ₹18.98 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India |
To see the full peer comparison of Isocrates Madtech Private Limited, buy the company report.
Auditor
Isocrates Madtech Private Limited is audited by B C Shetty & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B C Shetty & Co. | FY 2023 | 003819S |
Shareholding
The shareholding of Isocrates Madtech 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 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Isocrates Madtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Isocrates Madtech 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 Isocrates Madtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Isocrates Madtech Private Limited has a workforce of 144 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Isocrates Madtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI7383P1ZN | Karnataka | Active | 01 Feb 2018 |
To see the full GST registrations and return filing status of Isocrates Madtech Private Limited, buy the company report.
Recent activity
Isocrates Madtech Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Michael Weaver ceased to be Director on 15 Sep 2021.
Frequently asked questions
Isocrates Madtech is an active private limited company based in Mysore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109468.
Isocrates Madtech has 2 current directors:
- Bolayadirathammaiah Ashwini - Director
- William Alederer - Director
The latest financial statements of Isocrates Madtech 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 FY 2018 are in the company report.
The GSTIN of Isocrates Madtech is 29AAECI7383P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Isocrates Madtech is U74999KA2018PTC109468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isocrates Madtech was incorporated on 12 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Isocrates Madtech by revenue are Metamorf Infotech Private Limited, Cogentsoft Systems Private Limited, Stepping Cloud Consulting Private Limited, Esg Data Solutions Private Limited, C 1 India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Michael Weaver ceased to be Director on 15 Sep 2021. Apoorva Sahu ceased to be Director on 06 Feb 2018. William Alederer was appointed as Director on 05 Feb 2018. Isocrates Madtech has 4 board changes on record in total.
Yes, Isocrates Madtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Isocrates Madtech is registered as an MSME under Udyam registration (number: UDYAM-KR-22-0014829).
Isocrates Madtech can be reached through the website isocrates.com. Its registered office is in Mysore, Karnataka, India.