MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0069530
Elfonze Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹49.94 Cr
▲ 40% YoY
Net profit · FY 2025
₹4.39 Cr
Net margin 8.8%
EBITDA · FY 2025
₹7.58 Cr
EBITDA margin 15.2%
Authorised capital
₹3.15 Cr
Registered with MCA
Paid-up capital
₹2.88 Cr
Issued & subscribed
Open charges
₹11.23 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
269
Provident fund records
About Elfonze Technologies Private Limited
Data last updated:
Elfonze 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 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62020KA2021PTC144429. Its GSTIN is 29AAGCE3386A1ZP (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors including Ramesh Babu Gopal (Managing Director) and Sudhakar Arumugam.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at # 40/1A 3rd Floor Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.94 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹4.39 Cr (net margin 8.8%) and EBITDA of ₹7.58 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 269 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elfonze. As per MCA filings, the company has open charges of ₹11.23 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Elfonze Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0069530). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elfonze.com.
Company details
CIN U62020KA2021PTC144429
Registration Number 144429
Incorporation Date 22 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0069530
CIN history
Elfonze Technologies has one previous CIN (Corporate Identification Number): U74910KA2021PTC144429. The current CIN is U62020KA2021PTC144429, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62020KA2021PTC144429 | Current |
| U74910KA2021PTC144429 | Previous |
Recognitions & Rankings of Elfonze Technologies
Contact details
Elfonze Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is elfonze.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 40/1A 3rd Floor Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elfonze Technologies Private Limited, buy the company report.
Comprehensive company report
Elfonze 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
Elfonze Technologies operates one associated brand: Elfonze. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT consulting, engineering, and AI-driven supply chain services for businesses. | elfonze.com |
Business activity
The main business activity of Elfonze Technologies is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Elfonze Technologies Private Limited, buy the company report.
Financials of Elfonze Technologies Private Limited
FY 2025 filings availableElfonze Technologies Private Limited reported revenue of ₹49.94 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹49.94 Cr ▲ 40%
Net profit · FY 2025
₹4.39 Cr margin 8.8%
EBITDA · FY 2025
₹7.58 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 153%
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 40% growth in the latest year. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹49.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.39 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Elfonze Technologies Private Limited, buy the company report.
Board of directors of Elfonze Technologies Private Limited
Elfonze Technologies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Arumugam | Director | 12 Jun 2022 | 4 Years 5 Months | Current |
| Vijai Velu | Director | 13 Jul 2021 | 5 Years 4 Months | Current |
| Vinod Kumar Ramalingam Kuppuswamy | Director | 02 Aug 2021 | 5 Years 3 Months | Current |
| Ramesh Babu Gopal | Managing Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Elfonze Technologies Private Limited is audited by AC MURALEEDHARAN AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AC MURALEEDHARAN AND ASSOCIATES | FY 2024 | 007884S |
Shareholding
The shareholding of Elfonze Technologies Private Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Elfonze Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101170755 | Others | ₹1.43 Cr | Open | |
| 29 Sep 2025 | 101170853 | Others | ₹1.18 Cr | Open | |
| 29 Sep 2025 | 101174722 | Others | ₹1.62 Cr | Open | |
| 28 Sep 2024 | 100995987 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 08 Nov 2023 | 100832457 | State Bank of India | ₹2 Cr | Open |
To see the full charge records of Elfonze Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Elfonze Technologies Private Limited has 1 court case on record: 1 filed by Elfonze Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against JRD Systems Inc | Pending |
To see the full case history of Elfonze Technologies 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 Elfonze Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elfonze Technologies Private Limited has a workforce of 269 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
269
Active EPFO establishments
1
Employee growth
35.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 269 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Elfonze Technologies Private Limited, buy the company report.
GST
Elfonze Technologies has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCE3386A1ZP | Karnataka | Active | 06 Mar 2021 |
| 29AAGCE3386A2ZO | Karnataka | Active | 19 May 2025 |
| 21AAGCE3386A1Z5 | Odisha | Active | 13 Mar 2023 |
| 27AAGCE3386A1ZT | Maharashtra | Active | 20 Dec 2023 |
To see the full GST registrations and return filing status of Elfonze Technologies Private Limited, buy the company report.
Recent activity
Elfonze Technologies Private Limited has 10 board changes on record since 2021: 4 appointments and 6 cessations. The latest: Rajeshwari Prabhakar Mailapur ceased to be Director on 26 Aug 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 28 Sep 2024 with Charge ID 100995987 was modified on 10 Feb 2026.
Charges
A charge with Others amounted to Rs. 1.43 Cr with Charge ID 101170755 was registered on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 1.18 Cr with Charge ID 101170853 was registered on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 1.62 Cr with Charge ID 101174722 was registered on 29 Sep 2025.
AGM
Elfonze Technologies Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Elfonze Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100995987 was registered on 28 Sep 2024.
Charges
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100832457 was registered on 08 Nov 2023.
Ceased
Rajeshwari Prabhakar Mailapur ceased to be Director.
Ceased
Sudhakar Arumugam ceased to be Additional Director.
Ceased
Vijai Velu ceased to be Additional Director.
Ceased
Vinod Kumar Ramalingam Kuppuswamy ceased to be Additional Director.
7 earlier events are in the company report.
Frequently asked questions
Elfonze 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 22 February 2021 (5+ years old) and is registered under CIN U62020KA2021PTC144429.
Elfonze Technologies has 4 current directors:
- Ramesh Babu Gopal - Managing Director
- Sudhakar Arumugam - Director
- Vijai Velu - Director
- Vinod Kumar Ramalingam Kuppuswamy - Director
The latest financial statements of Elfonze Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Elfonze Technologies is 29AAGCE3386A1ZP, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAGCE3386A2ZO (Karnataka), 21AAGCE3386A1Z5 (Odisha), 27AAGCE3386A1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Elfonze Technologies is U62020KA2021PTC144429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elfonze Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Elfonze Technologies was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajeshwari Prabhakar Mailapur ceased to be Director on 26 Aug 2023. Sudhakar Arumugam ceased to be Additional Director on 31 Dec 2022. Vijai Velu ceased to be Additional Director on 31 Dec 2022. Elfonze Technologies has 10 board changes on record in total.
Yes, Elfonze Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0069530).
Elfonze Technologies can be reached through the website elfonze.com. Its registered office is in Bangalore, Karnataka, India.
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