Algofet Private Limited
About Algofet Private Limited
Data last updated:
Algofet Private Limited is a private limited company based in Hosakote, Karnataka, India. It was incorporated on 30 December 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27900KA2023PTC182980.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Ankit Mishra and Kanupriya Sharma.
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 Hosakote, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.82 Lakh (net margin 18.9%) and EBITDA of ₹32.18 Lakh (EBITDA margin 25.5%).
The company is associated with 1 brand: AlgoFET. The company has 1 deal on record (1 funding round), with disclosed funding of ₹15 Cr; the latest was in August 2026. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Aerosign Private Limited with revenue of ₹1.28 Cr.
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- Registered AddressF223 Assetz Marq Whitefield, Hoskote Road Kannamangala, Hosakote, Karnataka, India – 560067
- 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 of Algofet Private Limited
The main business activity of Algofet is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Algofet Private Limited FY 2025 filings available
Algofet Private Limited reported revenue of ₹1.26 Cr (up 4940% YoY) for FY 2025.
Financial Statement Summary of Algofet Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹32.18 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹23.82 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Algofet Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25.5% | •••• |
| Net Profit Margin | 18.9% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Algofet are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Algofet Private Limited
Algofet Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aerosign Private Limited | ₹1.28 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mysore, Karnataka, India |
| Trishul Solar Private Limited | ₹1.27 Cr (FY 2022) | •••• | •••• | 101.0% | •••• | Rajkot, Gujarat, India |
| M K Distributors Pvt Ltd | ₹1.27 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Silversun Solar Systems Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Benfield Energy Solutions Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 313.0% | •••• | Nagercoil, Tamil Nadu, India |
| Algofet Private Limited this company | ₹1.26 Cr (FY 2025) | •••• | •••• | 4940.0% | •••• | Hosakote, Karnataka, India |
| Nyl Electric Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Texor Energy Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Giga Renewables India Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | 9152.0% | •••• | Bhojpur, Uttar Pradesh, India |
| Cluster Energy (OPC) Private Limited | ₹1.25 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Faizabad, Uttar Pradesh, India |
| Syndia India Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 469.0% | •••• | West Tambaram, Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Algofet by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Algofet Private Limited
Algofet 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 |
|---|---|---|---|---|
| Ankit Mishra Also directs: Saraswathi Pushpa Systems Private Limited | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Kanupriya Sharma | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
Charges & Borrowings of Algofet Private Limited
Algofet Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Algofet Private Limited
Algofet Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹15 Cr; the latest was in August 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Funding round · Pre-Series A | ₹15 Cr | Investors: Piper Serica Angel Fund |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Algofet Private Limited
Algofet operates one associated brand: AlgoFET. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops automated drone charging and operation systems for efficient performance. | algofet.com |
Employees and EPFO Compliance at Algofet Private Limited
Employment history and EPFO contributions of people linked to Algofet.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Algofet Private Limited
Algofet Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Ankit Mishra was appointed as Director on 30 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Algofet Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Algofet Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Algofet Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Algofet Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Algofet Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Algofet Private Limited
Algofet is an active private limited company based in Hosakote, Karnataka, India. It was incorporated on 30 December 2023 (3+ years old) and is registered under CIN U27900KA2023PTC182980.
Algofet reported revenue of ₹1.26 Cr for FY 2025 (up 4940% YoY).
Algofet has 2 current directors:
- Ankit Mishra - Director
- Kanupriya Sharma - Director
Algofet reported a net profit of ₹23.82 Lakh (net margin 18.9%) and EBITDA of ₹32.18 Lakh (EBITDA margin 25.5%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Algofet is U27900KA2023PTC182980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algofet was incorporated on 30 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Algofet has 1 deal on record (1 funding round), with disclosed funding of ₹15 Cr; the latest was in August 2026.
The peers of Algofet by revenue are Aerosign Private Limited, Trishul Solar Private Limited, M K Distributors Pvt Ltd, Silversun Solar Systems Private Limited, Benfield Energy Solutions Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Ankit Mishra was appointed as Director on 30 Dec 2023. Ashish Vasant Joglekar was appointed as Individual Subscriber on 30 Dec 2023. Bharadwaj Amrutur was appointed as Non- Individual Subscriber on 30 Dec 2023. Algofet has 4 board changes on record in total.
The registered office of Algofet is at F223 Assetz Marq Whitefield, Hoskote Road Kannamangala, Hosakote, Karnataka, India – 560067.
Algofet has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh.