MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KR-03-0087122
Akarmaxs Tech Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹33.56 Cr
▲ 1745% YoY
Net profit · FY 2021
₹1.79 Cr
Net margin 5.3%
EBITDA · FY 2021
₹2.59 Cr
EBITDA margin 7.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
29
Provident fund records
Directors on board
2
As per MCA filings
About Akarmaxs Tech Private Limited
Data last updated:
Akarmaxs Tech 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 07 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC082702. Its GSTIN is 29AANCA7684C1Z9 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Sneha Rakesh and Sumukh Hochehalli Subrahmanya.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.56 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 5.3%) and EBITDA of ₹2.59 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 277% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
Court records list 62 cases involving the company, including 31 filed by the company and 31 filed against it; 10 cases are pending.
Akarmaxs Tech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087122). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akarmaxstech.com.
Company details
CIN U72200KA2015PTC082702
Registration Number 082702
Incorporation Date 07 September 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0087122
Recognitions & Rankings of Akarmaxs Tech
Contact details
Akarmaxs Tech Private Limited's registered office is in Bangalore, Karnataka. Its website is akarmaxstech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 188/32/1 4th Floor 13th Cross, Bashyam Circle Palace Upper Orchards, Bangalore, Karnataka, India – 560080
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Akarmaxs Tech Private Limited, buy the company report.
Comprehensive company report
Akarmaxs Tech 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 Akarmaxs Tech 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 Akarmaxs Tech Private Limited, buy the company report.
Financials of Akarmaxs Tech Private Limited
FY 2021 filings availableAkarmaxs Tech Private Limited reported revenue of ₹33.56 Cr (up 1745% YoY) for FY 2021.
Revenue · FY 2021
₹33.56 Cr ▲ 1745%
Net profit · FY 2021
₹1.79 Cr margin 5.3%
EBITDA · FY 2021
₹2.59 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 277%
EBITDA CAGR growth
1 year
▲ 532%
3 years · compounded
▲ 218%
5 years · compounded
▲ 249%
Revenue has grown at a compounded annual rate (CAGR) of 277% over three years. EBITDA rose 532% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.56 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹2.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Akarmaxs Tech Private Limited, buy the company report.
Board of directors of Akarmaxs Tech Private Limited
Akarmaxs Tech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneha Rakesh Also directs: Akarswift Global Private Limited, Akarmaxs Imports and Exports Private Limited, Raha Global Marketing Private Limited and 2 more | Director | 08 Jul 2017 | 9 Years 3 Months | Current |
| Sumukh Hochehalli Subrahmanya | Director | 25 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Akarmaxs Tech Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| KR Elixir Private Limited | ₹33.64 Cr (FY 2025) | 13.0% | Cuttack, Odisha, India | |||
| Sis Software (India) Private Limited | ₹33.61 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Inferenz Tech Private Limited | ₹33.6 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Recorded Future India Private Limited | ₹33.58 Cr (FY 2025) | 218.0% | Mumbai, Maharashtra, India | |||
| Stratsol Software Systems Private Limited | ₹33.58 Cr (FY 2024) | -25.0% | Hyderabad, Telangana, India | |||
| Akarmaxs Tech Private Limitedthis company | ₹33.56 Cr (FY 2021) | ₹1.79 Cr | 5.3% | 1745.0% | 29 | Bangalore, Karnataka, India |
| Intelliteach Offshore Private Limited | ₹33.55 Cr (FY 2024) | 18.0% | Porvorim, Goa, India | |||
| Mirra Health Care Services India Private Limited | ₹33.51 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Esq Management Solutions India Private Limited | ₹33.5 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Riversys Technologies Private Limited | ₹33.48 Cr (FY 2024) | 362.0% | Delhi, India | |||
| Integrated Tech9labs Private Limited | ₹33.44 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akarmaxs Tech Private Limited, buy the company report.
Auditor
Akarmaxs Tech Private Limited is audited by S L R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L R & ASSOCIATES | FY 2021 | 015874S |
Shareholding
The shareholding of Akarmaxs Tech Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akarmaxs Tech Private Limited, buy the company report.
Legal cases
Akarmaxs Tech Private Limited has 62 court cases on record: 31 filed by Akarmaxs Tech, 31 filed against it. 10 cases are pending and 52 are disposed.
Total cases
62
Filed by the company
31
Filed against the company
31
Pending
10
Disposed
52
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 31 | 10 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Kanunga Ventures LLP | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Inditrade Fincorp Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kanunga Ventures LLP | Disposed |
To see the full case history of Akarmaxs Tech 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 Akarmaxs Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Akarmaxs Tech has 3 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
3
Associated companies
Employees & EPFO
Akarmaxs Tech Private Limited has a workforce of 29 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
-9.38%
GST
Akarmaxs Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA7684C1Z9 | Karnataka | Active | 11 Jan 2018 |
To see the full GST registrations and return filing status of Akarmaxs Tech Private Limited, buy the company report.
Recent activity
Akarmaxs Tech Private Limited has 16 board changes on record since 2015: 9 appointments and 7 cessations. The latest: Rajath Venkatesh ceased to be Director on 25 Jul 2025.
Ceased
Rajath Venkatesh ceased to be Director.
Appointed
Sumukh Hochehalli Subrahmanya was appointed as Director.
Ceased
Neha Jain ceased to be Director.
Ceased
Satish Bhupal Sanadi ceased to be Director.
Appointed
Neha Jain was appointed as Director.
Appointed
Satish Bhupal Sanadi was appointed as Director.
Appointed
Rajath Venkatesh was appointed as Director.
Ceased
Rakesh Siddaraju ceased to be Director.
AGM
Akarmaxs Tech Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Akarmaxs Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Kavyashree Yadav Jagadeesh ceased to be Director.
Ceased
Tejaswi Prakash ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Akarmaxs Tech 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 07 September 2015 (11+ years old) and is registered under CIN U72200KA2015PTC082702.
Akarmaxs Tech has 2 current directors:
- Sneha Rakesh - Director
- Sumukh Hochehalli Subrahmanya - Director
The latest financial statements of Akarmaxs Tech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Akarmaxs Tech is 29AANCA7684C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Akarmaxs Tech is U72200KA2015PTC082702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarmaxs Tech has 62 court cases on record: 31 filed by the company and 31 filed against it. 10 are pending.
Akarmaxs Tech was incorporated on 07 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Akarmaxs Tech by revenue are KR Elixir Private Limited, Sis Software (India) Private Limited, Inferenz Tech Private Limited, Recorded Future India Private Limited, Stratsol Software Systems Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajath Venkatesh ceased to be Director on 25 Jul 2025. Sumukh Hochehalli Subrahmanya was appointed as Director on 25 Jul 2025. Neha Jain ceased to be Director on 25 Oct 2023. Akarmaxs Tech has 16 board changes on record in total.
Yes, Akarmaxs Tech is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0087122).
Akarmaxs Tech can be reached through the website akarmaxstech.com. Its registered office is in Bangalore, Karnataka, India.