MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0190403
C-Square Info-Solutions Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.24 Cr
▼ 39% YoY
Net loss · FY 2025
₹10.22 Cr
Net margin -46%
EBITDA · FY 2025
-₹5.5 Cr
EBITDA margin -24.7%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹3.1 Cr
Issued & subscribed
Open charges
₹21.51 Lakh
Satisfied ₹2.12 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
324
Provident fund records
About C-Square Info-Solutions Limited
Data last updated:
C-Square Info-Solutions Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Reliance Industries Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2002PLC030784. Its GSTIN is 29AACCC0905D1Z6 (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors including Sripal Bachawat (Whole-Time Director) and Thattalath Sajith (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ibc Knowledge Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.24 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹10.22 Cr (net margin -46%) and EBITDA of -₹5.5 Cr (EBITDA margin -24.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
The company has about 324 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: C-Square. As per MCA filings, the company has open charges of ₹21.51 Lakh and satisfied charges of ₹2.12 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 9 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹33.3 Cr; the latest was in March 2022. Its 3 peer companies in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 smaller; the largest is Savic Technologies Private Limited with revenue of ₹21.78 Cr.
C-Square Info-Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0190403). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website csquare.in.
Company details
CIN U72900KA2002PLC030784
Registration Number 030784
Incorporation Date 18 July 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0190403
CIN history
C-Square Info-Solutions has one previous CIN (Corporate Identification Number): U72900KA2002PTC030784. The current CIN is U72900KA2002PLC030784, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2002PLC030784 | Current |
| U72900KA2002PTC030784 | Previous |
Key People
Sripal Bachawat Whole-Time Director Thattalath Sajith Whole-Time Director Ravi Navinchandra Karia Director Recognitions & Rankings of C-Square Info-Solutions
Contact details
C-Square Info-Solutions Limited's registered office is in Bangalore, Karnataka. Its website is csquare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIbc Knowledge Park, Tower A 6th Floor 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of C-Square Info-Solutions Limited, buy the company report.
Comprehensive company report
C-Square Info-Solutions 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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Secure checkout · GST invoice included
Brands
C-Square Info-Solutions operates one associated brand: C-Square. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ERP and BI solutions for India's pharmaceutical industry are provided. | csquare.in |
Business activity
The main business activity of C-Square Info-Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of C-Square Info-Solutions Limited, buy the company report.
Financials of C-Square Info-Solutions Limited
FY 2025 filings availableC-Square Info-Solutions Limited reported revenue of ₹22.24 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹22.24 Cr ▼ 39%
Net loss · FY 2025
₹10.22 Cr margin -46%
EBITDA · FY 2025
-₹5.5 Cr margin -24.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 3%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 942%
3 years · compounded
▼ 62%
5 years · compounded
▼ 48%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 942% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.7% | ||||
| Net Profit Margin | -46% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of C-Square Info-Solutions Limited, buy the company report.
Board of directors of C-Square Info-Solutions Limited
C-Square Info-Solutions has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sripal Bachawat | Whole-Time Director | 18 Jul 2002 | 24 Years 3 Months | Current |
| Thattalath Sajith | Whole-Time Director | 18 Jul 2002 | 24 Years 3 Months | Current |
| Ravi Navinchandra Karia Also directs: Nowfloats Technologies Limited, Surajya Services Limited, Jio Haptik Technologies Limited and 3 more | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Anish Keshavlal Shah Also directs: Shopsense Retail Technologies Limited, Reliance Digital Health Limited, Reliance Intelligence Limited and 5 more | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Advait Suhas Pandit Also directs: Netmeds Healthcare Limited, Retailwave Technologies Private Limited, Tresara Health Limited and 2 more | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
C-Square Info-Solutions Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C-Square Info-Solutions Limitedthis company | ₹22.24 Cr (FY 2025) | -₹10.22 Cr | -46% | -39.0% | 324 | Bangalore, Karnataka, India |
| Savic Technologies Private Limited | ₹21.78 Cr (FY 2025) | -37.0% | Navi Mumbai, Maharashtra, India | |||
| B2b Software Technologies Limited | ₹21.66 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Expound Technivo Private Limited | ₹20.67 Cr (FY 2024) | 84.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of C-Square Info-Solutions Limited, buy the company report.
Auditor
C-Square Info-Solutions Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of C-Square Info-Solutions 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of C-Square Info-Solutions Limited, buy the company report.
Charges & borrowings
Open charges
₹21.51 Lakh
Satisfied charges
₹2.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2023 | 100719836 | Canara Bank | ₹1.51 Lakh | Open | |
| 15 Feb 2021 | 100419606 | Canara Bank | ₹20 Lakh | Open | |
| 20 Oct 2022 | 100661031 | Canara Bank | ₹1.51 Lakh | Satisfied | |
| 15 Nov 2016 | 100068697 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 03 Jun 2016 | 100033074 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of C-Square Info-Solutions Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
C-Square Info-Solutions Limited has 9 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹33.3 Cr; the latest was in March 2022.
Total deals
9
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹33.3 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Reliance Retail Ventures Limited, Reliance Retail Ventures Limited & Rajendra Madhav Kamath, Reliance Retail Ventures Limited & Ashwin Ahamendra Khasgiwala Seller: Reliance Industrial Investments and Holdings Limited , Reliance Industrial Investments And Holdings Limited & shwin amendra Khasgiwala, Reliance Industrial Investments And Holdings Limited & Rajendra Madha Kamath |
| Mar 2021 | Acquisition | ₹15 Cr | Buyer: Reliance Retail Ventures Limited |
| May 2019 | Funding round | ₹20 Cr | Investors: Reliance Industrial Investments and Holdings Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Reliance Industrial Investments and Holdings Limited , Reliance Industrial Investments And Holdings Limited & Rajendra Madha Kamath, Reliance Industrial Investments And Holdings Limited & Rohit C Shah, an individual Seller: SVN Score Card Enablement and Execution Private Limited , 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: SVN Score Card Enablement and Execution Private Limited , an individual Seller: 2 individuals |
To see the full deal history of C-Square Info-Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
C-Square Info-Solutions Limited has 1 court case on record: 1 filed by C-Square Info-Solutions. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against M/S Al Ameen Educational Society | Pending |
To see the full case history of C-Square Info-Solutions 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 C-Square Info-Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
C-Square Info-Solutions Limited has a workforce of 324 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
Employee count
324
Active EPFO establishments
2
Employee growth
-17.56%
GST
C-Square Info-Solutions has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC0905D1Z6 | Karnataka | Active | 01 Jul 2017 |
| 29AACCC0905D2Z5 | Karnataka | Active | 04 Jan 2023 |
| 33AACCC0905D1ZH | Tamil Nadu | Active | 01 Aug 2017 |
| 32AACCC0905D1ZJ | Kerala | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of C-Square Info-Solutions Limited, buy the company report.
Recent activity
C-Square Info-Solutions Limited has 13 board changes on record since 2002: 5 appointments and 8 cessations. The latest: Anish Keshavlal Shah ceased to be Additional Director on 25 Aug 2024.
AGM
C-Square Info-Solutions Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
C-Square Info-Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anish Keshavlal Shah ceased to be Additional Director.
Appointed
Anish Keshavlal Shah was appointed as Director.
Charges
A charge registered on 20 Oct 2022 via Charge ID 100661031 with Canara Bank was fully satisfied on 26 May 2023.
Charges
A charge with Canara Bank of Rs. 0.20 Cr registered on 15 Feb 2021 with Charge ID 100419606 was modified on 23 May 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.02 Cr with Charge ID 100719836 was registered on 03 May 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.02 Cr with Charge ID 100661031 was registered on 20 Oct 2022.
Ceased
Advait Suhas Pandit ceased to be Additional Director.
Ceased
Harish Madnani ceased to be Additional Director.
Appointed
Advait Suhas Pandit was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 0.20 Cr with Charge ID 100419606 was registered on 15 Feb 2021.
17 earlier events are in the company report.
Frequently asked questions
C-Square Info-Solutions is an active public 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 18 July 2002 (24+ years old) and is registered under CIN U72900KA2002PLC030784.
C-Square Info-Solutions has 5 current directors:
- Sripal Bachawat - Whole-Time Director
- Thattalath Sajith - Whole-Time Director
- Ravi Navinchandra Karia - Director
- Anish Keshavlal Shah - Director
- Advait Suhas Pandit - Director
The latest financial statements of C-Square Info-Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of C-Square Info-Solutions is 29AACCC0905D1Z6, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AACCC0905D2Z5 (Karnataka), 33AACCC0905D1ZH (Tamil Nadu), 32AACCC0905D1ZJ (Kerala).
The CIN (Corporate Identification Number) of C-Square Info-Solutions is U72900KA2002PLC030784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
C-Square Info-Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
C-Square Info-Solutions was incorporated on 18 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
C-Square Info-Solutions has 9 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹33.3 Cr; the latest was in March 2022.
The peers of C-Square Info-Solutions by revenue are Savic Technologies Private Limited, B2b Software Technologies Limited, Expound Technivo Private Limited, all in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities).
Anish Keshavlal Shah ceased to be Additional Director on 25 Aug 2024. Anish Keshavlal Shah was appointed as Director on 12 Jan 2024. Advait Suhas Pandit ceased to be Additional Director on 10 Aug 2022. C-Square Info-Solutions has 13 board changes on record in total.
Yes, C-Square Info-Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0190403).