MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0067965
Epiance Software Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.04 Cr
▲ 38% YoY
Net profit · FY 2024
₹1.94 Cr
Net margin 5.4%
EBITDA · FY 2024
₹4.17 Cr
EBITDA margin 11.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹31.19 Lakh
Issued & subscribed
Open charges
₹5.15 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
108
Provident fund records
About Epiance Software Private Limited
Data last updated:
Epiance Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 28 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA1998PTC023791. Its GSTIN is 29AABCG1176B1ZY (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.19 Lakh. It was formerly known as Guru Infotech Private Limited. It is led by directors including Ravi Ramamurthy and Rashmi Aiyappa.
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 No.02 Maruthi Tower 01st Floor 9th B Main Ex – Chairman Layout Banaswadi Main Road, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.04 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 5.4%) and EBITDA of ₹4.17 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.15 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 1 case is pending.
Epiance Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0067965). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epiplex500.com.
Company details
CIN U72100KA1998PTC023791
Registration Number 023791
Incorporation Date 28 May 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0067965
Recognitions & Rankings of Epiance Software
Contact details
Epiance Software Private Limited's registered office is in Bangalore, Karnataka. Its website is epiplex500.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.02 Maruthi Tower 01st Floor 9th B Main Ex – Chairman Layout Banaswadi Main Road, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Epiance Software Private Limited, buy the company report.
Comprehensive company report
Epiance Software 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Epiance Software is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Epiance Software Private Limited, buy the company report.
Financials of Epiance Software Private Limited
FY 2025 filings availableEpiance Software Private Limited reported revenue of ₹36.04 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹36.04 Cr ▲ 38%
Net profit · FY 2024
₹1.94 Cr margin 5.4%
EBITDA · FY 2024
₹4.17 Cr margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 12%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 14%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 38% growth in the latest year. EBITDA fell 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.94 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Epiance Software Private Limited, buy the company report.
Board of directors of Epiance Software Private Limited
Epiance Software has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Ramamurthy | Director | 28 May 1998 | 28 Years 5 Months | Current |
| Rashmi Aiyappa | Director | 08 Dec 2011 | 14 Years 11 Months | Current |
| Sudhir Cochu Velu | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
Auditor
Epiance Software Private Limited is audited by SADASHIV PRASAD AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SADASHIV PRASAD AND CO | FY 2023 | 010621S |
Shareholding
The shareholding of Epiance Software 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 2022 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Epiance Software Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2023 | 100813114 | Others | ₹3 Cr | Open | |
| 30 Jul 2022 | 100602891 | Axis Bank Limited | ₹1.85 Cr | Open | |
| 12 Apr 2021 | 100448130 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Epiance Software Private Limited has 14 court cases on record: 6 filed by Epiance Software, 8 filed against it. 1 case is pending and 13 are disposed.
Total cases
14
Filed by the company
6
Filed against the company
8
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 1 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Citycom Networks Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against The Addl. Commissioner and Regional Director | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against The Addl. Commissioner and Regional Diretor, Binnypet, Bengaluru-560023. | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by The Additional Commissioner and 1 other | Disposed |
To see the full case history of Epiance Software 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 Epiance Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Epiance Software Private Limited has a workforce of 108 employees on its EPFO records as of Jan 2026, across 1 active EPFO establishment.
Employee count
108
Active EPFO establishments
1
Employee growth
-1.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 108 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Epiance Software Private Limited, buy the company report.
GST
Epiance Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG1176B1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Epiance Software Private Limited, buy the company report.
Recent activity
Epiance Software Private Limited has 9 board changes on record since 1998: 6 appointments and 3 cessations. The latest: Ganapathy Subramanian Raghunath ceased to be Director on 14 Feb 2025.
AGM
Epiance Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Epiance Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ganapathy Subramanian Raghunath ceased to be Director.
Appointed
Ganapathy Subramanian Raghunath was appointed as Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100813114 was registered on 12 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100602891 was registered on 30 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100448130 was registered on 12 Apr 2021.
Appointed
Sudhir Cochu Velu was appointed as Director.
Ceased
Gunita Upmale ceased to be Director.
Appointed
Rashmi Aiyappa was appointed as Director.
Appointed
Gunita Upmale was appointed as Director.
Ceased
Chandrashekar Ramamurthy ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Epiance Software is an active private limited company based in Bangalore, Karnataka, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 28 May 1998 (28+ years old) and is registered under CIN U72100KA1998PTC023791.
Epiance Software has 3 current directors:
- Ravi Ramamurthy - Director
- Rashmi Aiyappa - Director
- Sudhir Cochu Velu - Director
The latest financial statements of Epiance Software 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.
The GSTIN of Epiance Software is 29AABCG1176B1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Epiance Software is U72100KA1998PTC023791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epiance Software has 14 court cases on record: 6 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Epiance Software was incorporated on 28 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganapathy Subramanian Raghunath ceased to be Director on 14 Feb 2025. Ganapathy Subramanian Raghunath was appointed as Director on 10 Jul 2024. Sudhir Cochu Velu was appointed as Director on 01 Aug 2016. Epiance Software has 9 board changes on record in total.
Yes, Epiance Software is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0067965).
Epiance Software can be reached through the website epiplex500.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages