Alterest India Private Limited - Company Profile

It is a information technology foreign private limited company based in Bangalore, Karnataka, India, established in 2019.
2019 Bangalore, Karnataka, India Active
Last Updated:
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About Alterest India Private Limited

Alterest India Private Limited, a active foreign private limited company, was established on 16 October 2019 in Bangalore, Karnataka, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72900KA2019FTC128809. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.10 M.

Its leadership includes Jeevan Manchenahally Paramashivaiah (Director), Gayathri Paramesh (Director). Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at 91Springboard Business Hub Pvt Ltd, 1Flr 45/3 Residency Rd, Gopal Krishna Complex, Bangalore, Karnataka, 560025.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72900KA2019FTC128809

  • Registration Number

    128809

  • Incorporation Date

    16 October 2019

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -20.22%
  • Profit Growth **** -21.19%
  • Ebitda **** -19.06%
  • Net Worth 39.37%
  • Total Assets **** 27.04%
Company report

Alterest India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Alterest India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Alterest India Private Limited?
Current Directors
Name Designation Appointment Date Status
Jeevan Manchenahally Paramashivaiah Director 16 Oct 2019 Current
Gayathri Paramesh Director 16 Oct 2019 Current

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Financial Performance of Alterest India.

Alterest India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.22% decrease. The company also saw a substantial fall in profitability, with a 21.19% decrease in profit. The company's net worth Soared by an impressive increase of 39.37%.

Alterest India revenue growth over time
Alterest India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -20.22%
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Revenue from Operations
*******
 -20.23%
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*******
*******
Total Assets
*******
 27.04%
*******
*******
*******
*******
Profit or Loss
*******
 -21.19%
*******
*******
*******
*******
Net Worth
*******
 39.37%
*******
*******
*******
*******
EBITDA
*******
 -19.06%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Alterest India?

In 2023, Alterest India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Alterest India?

Unlock and access historical data on people associated with Alterest India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Alterest India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Alterest India's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Alterest India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Alterest India Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Alterest India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Jeevan Manchenahally Paramashivaiah was appointed as a Director was appointed as a Director on 16 Oct 2019 & has been associated with this company since 6 years 3 months . was completed.

  • Director Appointment

    Progress on Gayathri Paramesh was appointed as a Director was appointed as a Director on 16 Oct 2019 & has been associated with this company since 6 years 3 months . was documented.

  • Company Incorporation

    Alterest India Private Limited was registered on 16 Oct 2019 with Roc Bangalore & aged 6 years 3 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Alterest India Private Limited?

The CIN of Alterest India Private Limited is U72900KA2019FTC128809.

Where is Alterest India Private Limited headquartered?

Alterest India Private Limited is headquartered at 91Springboard Business Hub Pvt Ltd, 1Flr 45/3 Residency Rd, Gopal Krishna Complex, Bangalore, Karnataka, 560025.

When was Alterest India Private Limited incorporated?

Alterest India Private Limited was incorporated on 16 October 2019.

Who are the current directors of Alterest India Private Limited?

The current directors of Alterest India Private Limited are

What is the primary industry of Alterest India Private Limited?

The primary industry of Alterest India Private Limited is Information And Communication.

Is Alterest India Private Limited a listed company?

Alterest India Private Limited is unlisted.

What is the capital structure of Alterest India Private Limited?

The authorized capital of Alterest India Private Limited is ₹1.50 M, and the paid-up capital is ₹0.10 M.

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