About Complyindia Tech Services Private Limited
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Complyindia Tech Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 07 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086693. Its GSTIN is 29AAGCC4051L2ZF (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishnan Narayanswamy and Preetha Kolazhy Padmanabhan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.23 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹31.26 Lakh (net margin 14%) and EBITDA of ₹35.67 Lakh (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Comply India and JusComply.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website complyindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 252 14th A Cross Road Yelahanka New Town, Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Complyindia Tech Services Private Limited
The main business activity of Complyindia Tech Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | 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 Complyindia Tech Services Private Limited FY 2024 filings available
Complyindia Tech Services Private Limited reported revenue of ₹2.23 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Complyindia Tech Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA fell 18% 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 of Complyindia Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.26 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 Complyindia Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14% | •••• | •••• | •••• | •••• |
| 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 Complyindia Tech Services are in the company report.
Financial statements from FY 2016
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 Complyindia Tech Services Private Limited
Complyindia Tech Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indvest Business Development India Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Ibt Overseas Services Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 380.0% | •••• | Jalandhar, Punjab, India |
| Rukg Filing Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | •••• | Bhadrak, Odisha, India | |
| Global Linkers Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Hisar, Haryana, India |
| Conscious Mind Solutions Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Complyindia Tech Services Private Limited this company | ₹2.23 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Renaissance Advisory Services Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Veins Advisors Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Trakru Global Services Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | 170.0% | •••• | Faridabad, Haryana, India |
| Glorious Trade & Commerce Private Limited | ₹2.23 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Kolkata, West Bengal, India |
| Sakhi Management Consulting Private Limited | ₹2.23 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Complyindia Tech Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Complyindia Tech Services Private Limited
Complyindia Tech Services Private Limited is audited by Prakash Bhansali & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prakash Bhansali & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Complyindia Tech Services Private Limited
Complyindia Tech Services 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 |
|---|---|---|---|---|
| Krishnan Narayanswamy Also directs: SDX Partners LLP, Fungised Solutions Private Limited, Zivanti Clothing Private Limited and 5 more | Director | 07 Mar 2016 | 10 Years 7 Months | Current |
| Preetha Kolazhy Padmanabhan Also directs: Knowledgeworks Consulting India Private Limited | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Complyindia Tech Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Complyindia Tech Services Private Limited
Complyindia Tech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Complyindia Tech Services Private Limited
Complyindia Tech Services operates two associated brands: Comply India and JusComply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Comply India provides comprehensive financial services and compliance solutions. | complyindia.com | |
| A cloud-based, tech-enabled firm providing legal services and solutions. | juscomply.com |
Employees and EPFO Compliance at Complyindia Tech Services Private Limited
Complyindia Tech Services Private Limited has a workforce of 20 employees as of Apr 07, 2024.
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 Complyindia Tech Services Private Limited
Complyindia Tech Services Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Eleyan Janardhanan Premjith ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Complyindia Tech Services 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 Complyindia Tech Services 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 Complyindia Tech Services 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 Complyindia Tech Services Private Limited
Complyindia Tech Services has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC4051L2ZF | Karnataka | Active | 01 Jul 2017 |
| 33AAGCC4051L1ZR | Tamil Nadu | Active | 14 Feb 2020 |
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 Complyindia Tech Services 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 Complyindia Tech Services Private Limited
Complyindia Tech Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 07 March 2016 (10+ years old) and is registered under CIN U74900KA2016PTC086693.
Complyindia Tech Services reported revenue of ₹2.23 Cr for FY 2024 (up 4% YoY).
Complyindia Tech Services has 2 current directors:
- Krishnan Narayanswamy - Director
- Preetha Kolazhy Padmanabhan - Director
Complyindia Tech Services reported a net profit of ₹31.26 Lakh (net margin 14%) and EBITDA of ₹35.67 Lakh (EBITDA margin 16%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Complyindia Tech Services is 5% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Complyindia Tech Services is 29AAGCC4051L2ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAGCC4051L1ZR (Tamil Nadu).
The CIN (Corporate Identification Number) of Complyindia Tech Services is U74900KA2016PTC086693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Complyindia Tech Services was incorporated on 07 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Complyindia Tech Services by revenue are Indvest Business Development India Private Limited, Ibt Overseas Services Private Limited, Rukg Filing Private Limited, Global Linkers Private Limited, Conscious Mind Solutions Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Eleyan Janardhanan Premjith ceased to be Additional Director on 30 Sep 2019. Preetha Kolazhy Padmanabhan was appointed as Director on 02 Sep 2019. Preetha Kolazhy Padmanabhan ceased to be Director on 16 Aug 2018. Complyindia Tech Services has 4 board changes on record in total.
Yes, Complyindia Tech Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).