MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0120845
Itrio Technologies Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹69.82 Lakh
▲ 2% YoY
Net profit · FY 2024
₹3.56 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹4.88 Lakh
EBITDA margin 7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Itrio Technologies Private Limited
Data last updated:
Itrio Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118891. Its GSTIN is 29AAFCI0786H2Z9 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ragi Raghavan and Bhagyaraj.
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 #158 Singapura Garden 2nd Cross Lakshmipur Bangalore – Urb, Karnataka, India – 560090.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.82 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.56 Lakh (net margin 5.1%) and EBITDA of ₹4.88 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 314% over three years.
The company is associated with 1 brand: Itrio Technologies.
Itrio Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0120845). For more details, the company can be reached via its website itriotech.com.
Company details
CIN U74999KA2018PTC118891
Registration Number 118891
Incorporation Date 27 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0120845
Key People
Ragi Raghavan Director Bhagyaraj Director Recognitions & Rankings of Itrio Technologies
Contact details
Itrio Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is itriotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#158 Singapura Garden 2nd Cross Lakshmipur Bangalore – Urb, Karnataka, India – 560090
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Itrio Technologies Private Limited, buy the company report.
Comprehensive company report
Itrio Technologies Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Itrio Technologies operates one associated brand: Itrio Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, outsourcing, staff augmentation, and offshore development services. | itriotech.com |
Business activity
The main business activity of Itrio Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Itrio Technologies Private Limited, buy the company report.
Financials of Itrio Technologies Private Limited
FY 2025 filings availableItrio Technologies Private Limited reported revenue of ₹69.82 Lakh (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹69.82 Lakh ▲ 2%
Net profit · FY 2024
₹3.56 Lakh margin 5.1%
EBITDA · FY 2024
₹4.88 Lakh margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 314%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 136%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 314% over three years, including 2% growth in the latest year. EBITDA fell 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.88 Lakh | ||||
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| Net Profit (PAT) | ₹3.56 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Itrio Technologies Private Limited, buy the company report.
Board of directors of Itrio Technologies Private Limited
Itrio Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragi Raghavan | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Bhagyaraj | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Itrio Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nihon Consultancy Private Limited | ₹69.97 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Itrio Technologies Private Limitedthis company | ₹69.82 Lakh (FY 2024) | ₹3.56 Lakh | 5.1% | 2.0% | Bangalore, Karnataka, India | |
| Winon Wings India Private Limited | ₹69.75 Lakh (FY 2023) | 255.0% | Bangalore, Karnataka, India | |||
| Votive Management Services Private Limited | ₹69.59 Lakh (FY 2025) | 294.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Itrio Technologies Private Limited, buy the company report.
Shareholding
The shareholding of Itrio Technologies Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Itrio Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Itrio Technologies 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 Itrio Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Itrio Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI0786H2Z9 | Karnataka | Active | 16 Jan 2022 |
To see the full GST registrations and return filing status of Itrio Technologies Private Limited, buy the company report.
Recent activity
Itrio Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bhagyaraj was appointed as Director on 27 Nov 2018.
AGM
Itrio Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Itrio Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Bhagyaraj was appointed as Director.
Appointed
Ragi Raghavan was appointed as Director.
Incorporation
27 Nov 2018
Itrio Technologies Private Limited was registered on 27 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
Itrio Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118891.
Itrio Technologies has 2 current directors:
- Ragi Raghavan - Director
- Bhagyaraj - Director
The latest financial statements of Itrio Technologies 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 Itrio Technologies is 29AAFCI0786H2Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Itrio Technologies is U74999KA2018PTC118891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itrio Technologies was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Itrio Technologies by revenue are Nihon Consultancy Private Limited, Winon Wings India Private Limited, Votive Management Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Bhagyaraj was appointed as Director on 27 Nov 2018. Ragi Raghavan was appointed as Director on 27 Nov 2018.
Yes, Itrio Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0120845).
Itrio Technologies can be reached through the website itriotech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Itrio Technologies is at #158 Singapura Garden 2nd Cross Lakshmipur Bangalore – Urb, Karnataka, India – 560090.