
Kspotfi Systems India Private Limited
About Kspotfi Systems India Private Limited
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Kspotfi Systems India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Kloudspot Llc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 24 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017FTC102518. Its GSTIN is 29AAGCK5658R1ZH (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raghavendra Setty Gururaj and Deepak Kumar Singhal.
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 Beginest Harbor 4 464 Shri Krishna Temple Road Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.82 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹59.87 Lakh (net margin 8.8%) and EBITDA of ₹99.06 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.
The company has about 76 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kspotfi Systems India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBeginest Harbor 4 464 Shri Krishna Temple Road Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Kspotfi Systems India 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 Kspotfi Systems India 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 Kspotfi Systems India Private Limited, buy the company report.
Financials of Kspotfi Systems India Private Limited
FY 2024 filings availableKspotfi Systems India Private Limited reported revenue of ₹6.82 Cr (up 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 128% over three years, including 52% growth in the latest year. EBITDA rose 49% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹6.82 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹99.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.87 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kspotfi Systems India Private Limited, buy the company report.
Board of directors of Kspotfi Systems India Private Limited
Kspotfi Systems India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Setty Gururaj Also directs: Kloudspot India Private Limited | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
| Deepak Kumar Singhal Also directs: Nexus Aidc India LLP, Kloudspot India Private Limited | Director | 24 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Kspotfi Systems India Private Limited is audited by SINI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINI & ASSOCIATES | FY 2022 | 015169S |
Shareholding
The shareholding of Kspotfi Systems India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kspotfi Systems India Private Limited, buy the company report.
Legal cases
Kspotfi Systems India Private Limited has 1 court case on record: 1 filed by Kspotfi Systems India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Kspotfi Systems India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kspotfi Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kspotfi Systems India Private Limited has a workforce of 76 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Kspotfi Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK5658R1ZH | Karnataka | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Kspotfi Systems India Private Limited, buy the company report.
Recent activity
Kspotfi Systems India Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Hari Natarajan ceased to be Nominee Director on 07 Dec 2023.
Frequently asked questions
Kspotfi Systems India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 24 April 2017 (9+ years old) and is registered under CIN U72900KA2017FTC102518.
Kspotfi Systems India has 2 current directors:
- Raghavendra Setty Gururaj - Director
- Deepak Kumar Singhal - Director
The latest financial statements of Kspotfi Systems India 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 Kspotfi Systems India is 29AAGCK5658R1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Kspotfi Systems India is U72900KA2017FTC102518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kspotfi Systems India has 1 court case on record: 1 filed by the company. 1 is pending.
Kspotfi Systems India was incorporated on 24 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Hari Natarajan ceased to be Nominee Director on 07 Dec 2023. Raghavendra Setty Gururaj was appointed as Director on 17 Dec 2019. Deepak Kumar Singhal was appointed as Director on 24 Apr 2017.
The registered office of Kspotfi Systems India is at Beginest Harbor 4 464 Shri Krishna Temple Road Indiranagar, Bangalore, Karnataka, India – 560038.
Kspotfi Systems India operates in the information technology industry, in the IT products retail and distribution segment.

