About Channel Mentor IT Solutions Private Limited
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Channel Mentor IT Solutions 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 09 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC032984. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.14 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Kuluruuliya Rao Girish and Udayabhasker Reddy Mekarthi.
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 Shankara Arcade No 74 Vani Vilas Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.39 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹16.75 Lakh (net margin 20.1%) and EBITDA of ₹18.42 Lakh (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 19% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Travel Grid. As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.73 Cr; the latest was in March 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website channelmentor.com.
Company details
Contact details
Channel Mentor IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is channelmentor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShankara Arcade No 74 Vani Vilas Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Channel Mentor IT Solutions 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
Brands
Channel Mentor IT Solutions operates one associated brand: Travel Grid. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate travel processes are automated by Travel Grid. | travelgrid.in |
Business activity
The main business activity of Channel Mentor IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Channel Mentor IT Solutions Private Limited, buy the company report.
Financials of Channel Mentor IT Solutions Private Limited
FY 2025 filings availableChannel Mentor IT Solutions Private Limited reported revenue of ₹83.39 Lakh (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 29% growth in the latest year. EBITDA fell 33% 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 | ₹18.42 Lakh | ||||
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| Net Profit (PAT) | ₹16.75 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 | 22.1% | ||||
| Net Profit Margin | 20.1% | ||||
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To see the full financial statements and ratios of Channel Mentor IT Solutions Private Limited, buy the company report.
Board of directors of Channel Mentor IT Solutions Private Limited
Channel Mentor IT Solutions has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuluruuliya Rao Girish Also directs: Code Compliances Consulting Private Limited | Director | 10 Jun 2011 | 15 Years 5 Months | Current |
| Udayabhasker Reddy Mekarthi Also directs: Code Compliances Consulting Private Limited | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
| Archana Harish | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Channel Mentor IT Solutions Private Limited is audited by RAKCHAMPS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKCHAMPS & Co. | FY 2023 | 131094W |
Shareholding
The shareholding of Channel Mentor IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Channel Mentor IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2012 | 10337182 | Punjab National Bank | ₹40 Lakh | Open | |
| 03 Sep 2011 | 10314199 | Punjab National Bank | ₹20 Lakh | Open |
To see the full charge records of Channel Mentor IT Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Channel Mentor IT Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.73 Cr; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2013 | Funding round | ₹2.21 Cr | Investors: KITVEN, 3 individuals |
| Mar 2013 | Funding round | ₹1.53 Cr | Investors: Telloquent Solutions Private Limited , 3 individuals |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Channel Mentor IT Solutions Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
| District court, TUMAKURU, Karnataka | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, TUMAKURU, Karnataka | Motor accident claim | Filed against the company by individuals | Disposed |
To see the full case history of Channel Mentor IT Solutions 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 Channel Mentor IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Channel Mentor IT Solutions Private Limited has a workforce of 2 employees on its EPFO records as of Feb 2016, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2015-16 | 2 |
| FY 2014-15 |
To see the full employee and EPFO history of Channel Mentor IT Solutions Private Limited, buy the company report.
GST
Channel Mentor IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Channel Mentor IT Solutions Private Limited, buy the company report.
Recent activity
Channel Mentor IT Solutions Private Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Udayabhasker Reddy Mekarthi ceased to be Additional Director on 30 Sep 2022.
9 earlier events are in the company report.
Frequently asked questions
Channel Mentor IT Solutions 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 09 December 2003 (23+ years old) and is registered under CIN U72200KA2003PTC032984.
Channel Mentor IT Solutions has 3 current directors:
- Kuluruuliya Rao Girish - Director
- Udayabhasker Reddy Mekarthi - Director
- Archana Harish - Director
The latest financial statements of Channel Mentor IT Solutions 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.
No. Channel Mentor IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Channel Mentor IT Solutions is U72200KA2003PTC032984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Channel Mentor IT Solutions has 4 court cases on record: 4 filed against it.
Channel Mentor IT Solutions was incorporated on 09 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Channel Mentor IT Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.73 Cr; the latest was in March 2014.
Udayabhasker Reddy Mekarthi ceased to be Additional Director on 30 Sep 2022. Sindhghatta Mohan Muddappa ceased to be Director on 14 Jun 2022. Udayabhasker Reddy Mekarthi was appointed as Director on 14 Jun 2022. Channel Mentor IT Solutions has 15 board changes on record in total.
Channel Mentor IT Solutions can be reached through the website channelmentor.com. Its registered office is in Bangalore, Karnataka, India.
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