MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0122022
Kelsax Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.28 Cr
▲ 18% YoY
Net profit · FY 2024
₹19.84 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹67.71 Lakh
EBITDA margin 5.5%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
32
Provident fund records
Directors on board
3
As per MCA filings
About Kelsax Private Limited
Data last updated:
Kelsax Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC059827. Its GSTIN is 29AAJCA7082J1Z6 (Karnataka).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Appistoki Consulting Services Private Limited. It is led by directors including Sudha Shripad Kulkarni and Shettisara Sridharbhatta Mamatha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.28 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹19.84 Lakh (net margin 1.6%) and EBITDA of ₹67.71 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 13% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
Kelsax Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0122022). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appistoki.com.
Company details
CIN U72900KA2011PTC059827
Registration Number 059827
Incorporation Date 01 August 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0122022
Key People
Sudha Shripad Kulkarni Director Shettisara Sridharbhatta Mamatha Director Srinidhi Nagara Gadde Director Recognitions & Rankings of Kelsax
Contact details
Kelsax Private Limited's registered office is in Bangalore, Karnataka. Its website is appistoki.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.73 3rd Floor Service Road Shreelekha Complex, W.O.C Road 2nd Stage Mahalakshmipuram, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Kelsax Private Limited, buy the company report.
Comprehensive company report
Kelsax 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
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Business activity
The main business activity of Kelsax 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Kelsax Private Limited, buy the company report.
Financials of Kelsax Private Limited
FY 2025 filings availableKelsax Private Limited reported revenue of ₹12.28 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹12.28 Cr ▲ 18%
Net profit · FY 2024
₹19.84 Lakh margin 1.6%
EBITDA · FY 2024
₹67.71 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 11%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 13%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 18% growth in the latest year. EBITDA rose 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹67.71 Lakh | ||||
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| Net Profit (PAT) | ₹19.84 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 | 5.5% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Kelsax Private Limited, buy the company report.
Board of directors of Kelsax Private Limited
Kelsax has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Shripad Kulkarni | Director | 09 May 2013 | 13 Years 5 Months | Current |
| Shettisara Sridharbhatta Mamatha Also directs: Enprojectiers India Private Limited | Director | 01 May 2025 | 1 Years 5 Months | Current |
| Srinidhi Nagara Gadde Also directs: Afromideas Technologies LLP | Director | 21 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Kelsax Private Limited is audited by RPAR&CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPAR&CO LLP | FY 2021 | S200139 |
Shareholding
The shareholding of Kelsax Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kelsax Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kelsax 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 Kelsax Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kelsax Private Limited has a workforce of 32 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-52.24%
GST
Kelsax has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA7082J1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kelsax Private Limited, buy the company report.
Recent activity
Kelsax Private Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Shettisara Sridharbhatta Mamatha ceased to be Additional Director on 29 Sep 2025.
AGM
Kelsax Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shettisara Sridharbhatta Mamatha ceased to be Additional Director.
Ceased
Abhijeet Shripad Kulkarni ceased to be Whole-Time Director.
Appointed
Shettisara Sridharbhatta Mamatha was appointed as Director.
Filing
Kelsax Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Srinidhi Nagara Gadde ceased to be Additional Director.
Appointed
Srinidhi Nagara Gadde was appointed as Director.
Ceased
Sudha Shripad Kulkarni ceased to be Additional Director.
Ceased
Sanjeeva Murthy ceased to be Whole-Time Director.
Appointed
Sudha Shripad Kulkarni was appointed as Director.
Ceased
Ritesh Kumar Srivastava ceased to be Whole-Time Director.
Incorporation
01 Aug 2011
Kelsax Private Limited was registered on 01 Aug 2011 with Roc Bangalore & aged 15 years 2 months as per MCA records.
Frequently asked questions
Kelsax 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 01 August 2011 (15+ years old) and is registered under CIN U72900KA2011PTC059827.
Kelsax has 3 current directors:
- Sudha Shripad Kulkarni - Director
- Shettisara Sridharbhatta Mamatha - Director
- Srinidhi Nagara Gadde - Director
The latest financial statements of Kelsax 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 2015 are in the company report.
The GSTIN of Kelsax is 29AAJCA7082J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Kelsax is U72900KA2011PTC059827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kelsax was incorporated on 01 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Shettisara Sridharbhatta Mamatha ceased to be Additional Director on 29 Sep 2025. Abhijeet Shripad Kulkarni ceased to be Whole-Time Director on 02 May 2025. Shettisara Sridharbhatta Mamatha was appointed as Director on 01 May 2025. Kelsax has 9 board changes on record in total.
Yes, Kelsax is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0122022).
Kelsax can be reached through the website appistoki.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kelsax is at No.73 3rd Floor Service Road Shreelekha Complex, W.O.C Road 2nd Stage Mahalakshmipuram, Bangalore, Karnataka, India – 560086.