Crossdev Technologies Private Limited

Crossdev Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC103730 Incorporated 09 June 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹8.23 Cr
▲ 11% YoY
Net profit · FY 2025
₹81,003
Net margin 0.1%
EBITDA · FY 2025
₹45.75 Lakh
EBITDA margin 5.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
63
Provident fund records

About Crossdev Technologies Private Limited

Data last updated:

Crossdev Technologies 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 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC103730. Its GSTIN is 29AAHCC0458Q1Z2 (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Naveen Kumar and Sujeet Ranjan Kumar Singh.

Its last annual general meeting (AGM) was held on 24 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 2025, the company reported a revenue of ₹8.23 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹81,003 (net margin 0.1%) and EBITDA of ₹45.75 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 26% over five years.

The company has about 63 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: InventBill, InventSuite and Gloify. As per MCA filings, the company has open charges of ₹1.5 Cr on record.

Crossdev Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0238855). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gloify.com.

Company details

CIN U72900KA2017PTC103730
Registration Number 103730
Incorporation Date 09 June 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0238855

Recognitions & Rankings of Crossdev Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0238855

Contact details

Crossdev Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is gloify.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    18 Mp Krishna Mansion 5th Floor 1st Cross Road, Khb Colony 5th Block Koramangala, Bangalore, Karnataka, India – 560095
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Crossdev Technologies Private Limited, buy the company report.

Comprehensive company report
Crossdev Technologies 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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Brands

Crossdev Technologies operates multiple associated brands including InventBill, InventSuite, and Gloify. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based software simplifies invoicing, inventory, and business operations efficiently.inventbill.com
Provides SaaS-based e-commerce solutions for businesses.inventsuite.in
Provides custom software development, mobile apps, and digital marketing services.gloify.com

Business activity

The main business activity of Crossdev Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Crossdev Technologies Private Limited, buy the company report.

Financials of Crossdev Technologies Private Limited

FY 2024 filings available

Crossdev Technologies Private Limited reported revenue of ₹8.23 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹8.23 Cr ▲ 11%
Net profit · FY 2025
₹81,003 margin 0.1%
EBITDA · FY 2025
₹45.75 Lakh margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 17%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 23%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 11% growth in the latest year. EBITDA fell 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹45.75 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹81,003
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.6%
Net Profit Margin0.1%
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

To see the full financial statements and ratios of Crossdev Technologies Private Limited, buy the company report.

Board of directors of Crossdev Technologies Private Limited

Crossdev Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naveen KumarDirector09 Jun 20179 Years 4 MonthsCurrent
Sujeet Ranjan Kumar SinghDirector30 Sep 20197 Years 0 MonthsCurrent

Peer comparison

Crossdev Technologies Private Limited is compared with the 8 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dechen Enterprises Private Limited₹8.24 Cr (FY 2025)7.0%Bangalore, Karnataka, India
Cedro Systems Private Limited₹8.24 Cr (FY 2025)106.0%Gurgaon, Haryana, India
Cai Technologies Private Limited₹8.23 Cr (FY 2024)39.0%Bangalore, Karnataka, India
Crossdev Technologies Private Limitedthis company₹8.23 Cr (FY 2025)₹81,0030.1%11.0%63Bangalore, Karnataka, India
Onelab Ventures Private Limited₹8.23 Cr (FY 2025)300.0%Pune, Maharashtra, India
Layots Technologies Private Limited₹8.22 Cr (FY 2024)-68.0%Chennai, Tamil Nadu, India
Aptologics Private Limited₹8.22 Cr (FY 2025)52.0%Ahmedabad, Gujarat, India
Devkraft Technologies Private Limited₹8.22 Cr (FY 2025)5.0%New Delhi, Delhi, India
Sudoboat Private Limited₹8.22 Cr (FY 2024)102.0%Tirupur, Tamil Nadu, India

To see the full peer comparison of Crossdev Technologies Private Limited, buy the company report.

Auditor

Crossdev Technologies Private Limited is audited by P R S R & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P R S R & CoFY 2023014089S

Shareholding

The shareholding of Crossdev Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Crossdev Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.00 Cr
Hdfc Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Nov 2024101014675Others₹1 CrOpen
18 Oct 2024101001601Hdfc Bank Limited₹50 LakhOpen

To see the full charge records of Crossdev Technologies Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Crossdev Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Crossdev Technologies Private Limited has a workforce of 63 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
63
Active EPFO establishments
1
Employee growth
350%

GST

Crossdev Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAHCC0458Q1Z2KarnatakaActive08 Aug 2017
29AAQCA3800K1ZFKarnatakaActive15 Feb 2018

To see the full GST registrations and return filing status of Crossdev Technologies Private Limited, buy the company report.

Recent activity

Crossdev Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Shobhit Gupta ceased to be Director on 10 Oct 2019.

Charges
A charge with Others of Rs. 100.00 Lakh registered on 25 Nov 2024 with Charge ID 101014675 was modified on 18 Jan 2025.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101014675 was registered on 25 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 101001601 was registered on 18 Oct 2024.
AGM
Crossdev Technologies Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
Filing
Crossdev Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Shobhit Gupta ceased to be Director.
Appointed
Sujeet Ranjan Kumar Singh was appointed as Director.
Appointed
Naveen Kumar was appointed as Director.
Incorporation
09 Jun 2017
Crossdev Technologies Private Limited was registered on 09 Jun 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.

Frequently asked questions

Crossdev Technologies 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 June 2017 (9+ years old) and is registered under CIN U72900KA2017PTC103730.

Crossdev Technologies has 2 current directors:

The latest financial statements of Crossdev Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Crossdev Technologies is 29AAHCC0458Q1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAQCA3800K1ZF (Karnataka).

The CIN (Corporate Identification Number) of Crossdev Technologies is U72900KA2017PTC103730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Crossdev Technologies was incorporated on 09 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Crossdev Technologies by revenue are Dechen Enterprises Private Limited, Cedro Systems Private Limited, Cai Technologies Private Limited, Onelab Ventures Private Limited, Layots Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Shobhit Gupta ceased to be Director on 10 Oct 2019. Sujeet Ranjan Kumar Singh was appointed as Director on 30 Sep 2019. Naveen Kumar was appointed as Director on 09 Jun 2017.

Yes, Crossdev Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0238855).

Crossdev Technologies can be reached through the website gloify.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Crossdev Technologies is at 18 Mp Krishna Mansion 5th Floor 1st Cross Road, Khb Colony 5th Block Koramangala, Bangalore, Karnataka, India – 560095.