
About Fabric Iot Private Limited
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Fabric Iot Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC158230.
The company has an authorised share capital of ₹10.3 Lakh and a paid-up capital of ₹1.58 Lakh. It is led by directors including Karan Makhija and Shunmuga Krishnan Senthil Arumugam.
Its last annual general meeting (AGM) was held on 13 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #1076 Ground Floor & First Floor 23rd Main 11th Cross Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.54 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹42.3 Lakh (net margin 1.2%) and EBITDA of ₹5.47 Cr (EBITDA margin 15%).
The company is associated with 2 brands: Intellicar and Fabric IoT. As per MCA filings, the company has open charges of ₹9.4 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in January 2025.
Fabric Iot Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0220760). For more details, the company can be reached via its website fabriciot.com.
Company details
Recognitions & Rankings of Fabric Iot
- Udyam number
- UDYAM-KR-03-0220760
Contact details
Fabric Iot Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address#1076 Ground Floor & First Floor 23rd Main 11th Cross Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Brands
Fabric Iot operates two associated brands: Intellicar and Fabric IoT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud and IoT-based connected mobility solutions | intellicar.in | |
| Data and energy infrastructure for EV charging is provided. | fabriciot.com |
Business activity
The main business activity of Fabric Iot is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
Financials of Fabric Iot Private Limited
FY 2024 filings availableFabric Iot Private Limited reported revenue of ₹36.54 Cr (up 72% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 72% in the latest year. EBITDA rose 307% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹5.47 Cr | ||
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| Net Profit (PAT) | ₹42.3 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 15% | ||
| Net Profit Margin | 1.2% | ||
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To see the full financial statements and ratios of Fabric Iot Private Limited, buy the company report.
Board of directors of Fabric Iot Private Limited
Fabric Iot has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Makhija Also directs: Kad Automotive LLP, KK Noborders Private Limited, Intellicar Telematics Private Limited and 1 more | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Stephen Dongwon Lee Also directs: Arohan Financial Services Limited | Nominee Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Shunmuga Krishnan Senthil Arumugam | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Ted Tenjen Maa | Nominee Director | 05 May 2025 | 1 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100667058 | State Bank of India | ₹9.4 Cr | Open |
To see the full charge records of Fabric Iot Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Fabric Iot Private Limited has 1 deal on record (1 acquisition); the latest was in January 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Acquisition | ₹140.58 Cr | Buyer: Nuveen Private Equity |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Fabric Iot Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fabric Iot Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fabric Iot Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fabric Iot Private Limited has 8 board changes on record since 2022: 5 appointments and 3 cessations. The latest: Ted Tenjen Maa was appointed as Nominee Director on 05 May 2025.
1 earlier event is in the company report.
Frequently asked questions
Fabric Iot is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 February 2022 (4+ years old) and is registered under CIN U72900KA2022PTC158230.
Fabric Iot has 4 current directors:
- Karan Makhija - Director
- Stephen Dongwon Lee - Nominee Director
- Shunmuga Krishnan Senthil Arumugam - Director
- Ted Tenjen Maa - Nominee Director
The latest financial statements of Fabric Iot on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 May 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Fabric Iot is U72900KA2022PTC158230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fabric Iot was incorporated on 22 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Fabric Iot has 1 deal on record (1 acquisition); the latest was in January 2025.
Ted Tenjen Maa was appointed as Nominee Director on 05 May 2025. Stephen Dongwon Lee was appointed as Nominee Director on 01 Jan 2025. Sidharth Goud Middela ceased to be Director on 18 Dec 2024. Fabric Iot has 8 board changes on record in total.
Yes, Fabric Iot is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fabric Iot is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0220760).
Fabric Iot can be reached through the website fabriciot.com. Its registered office is in Bangalore, Karnataka, India.