About Foundrydigital India Private Limited
Data last updated:
Foundrydigital India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Foundry Digital Llc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC161868. Its GSTIN is 29AAFCF0768C1ZP (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Murthy Kota Sathya and Gururaja Kunjibettu Upadhya.
Its last annual general meeting (AGM) was held on 10 July 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 2024, the company reported a revenue of ₹11.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 8.8%) and EBITDA of ₹2.76 Cr (EBITDA margin 23.5%).
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Foundry Digital.
The last known website on record is foundrydigital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3 2nd Floor Prestige Sigma, Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Foundrydigital India Private Limited
The main business activity of Foundrydigital India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Foundrydigital India Private Limited FY 2024 filings available
Foundrydigital India Private Limited reported revenue of ₹11.74 Cr (up 287% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Foundrydigital India Private Limited
Revenue rose 287% in the latest year. EBITDA rose 457% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Foundrydigital India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹2.76 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1.03 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 of Foundrydigital India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Foundrydigital India are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Foundrydigital India Private Limited
Foundrydigital India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Net Ninja Solutions Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kundapura, Karnataka, India |
| Logon Software (India) Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| BTP Infoserve Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Belgaum, Karnataka, India |
| Digital Aptech Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Idigisys Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 259.0% | •••• | New Delhi, Delhi, India |
| Foundrydigital India Private Limited this company | ₹11.74 Cr (FY 2024) | •••• | •••• | 287.0% | •••• | Bangalore, Karnataka, India |
| Qualsights India Private Limited | ₹11.73 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chandigarh, India |
| Full Value Technologies Private Limited | ₹11.73 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Desidea Software Technologies Private Limited | ₹11.73 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Beyondsquare Solutions Private Limited | ₹11.73 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bengaluru, Karnataka, India |
| Afry Engineering India Private Limited | ₹11.73 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Foundrydigital India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Foundrydigital India Private Limited
Foundrydigital India Private Limited is audited by S P D R & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P D R & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Foundrydigital India Private Limited
Foundrydigital India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murthy Kota Sathya | Director | 30 May 2022 | 4 Years 4 Months | As last reported |
| Gururaja Kunjibettu Upadhya Also directs: Gapk Hospitality LLP | Director | 10 Oct 2022 | 4 Years 0 Months | As last reported |
| Vasudevan Gopu | Irp/Rp/Liquidator | 19 Mar 2025 | 1 Years 6 Months | As last reported |
Ownership and Shareholding of Foundrydigital India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Foundrydigital India Private Limited
Foundrydigital India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Foundrydigital India Private Limited
Foundrydigital India operates one associated brand: Foundry Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain development services are provided to various clients. | foundrydigital.com |
Employees and EPFO Compliance at Foundrydigital India Private Limited
Foundrydigital India Private Limited has a workforce of 15 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Foundrydigital India Private Limited
Foundrydigital India Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 19 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Foundrydigital India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Foundrydigital India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Foundrydigital India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Foundrydigital India Private Limited
Foundrydigital India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCF0768C1ZP | Karnataka | Active | 02 Sep 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Foundrydigital India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Foundrydigital India Private Limited
Foundrydigital India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Foundrydigital India is a company under liquidation, formerly operating as a foreign 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 30 May 2022 and is registered under CIN U72900KA2022FTC161868. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Foundrydigital India reported revenue of ₹11.74 Cr for FY 2024 (up 287% YoY).
Foundrydigital India has 3 current directors:
- Murthy Kota Sathya - Director
- Gururaja Kunjibettu Upadhya - Director
- Vasudevan Gopu - Irp/Rp/Liquidator
Foundrydigital India reported a net profit of ₹1.03 Cr (net margin 8.8%) and EBITDA of ₹2.76 Cr (EBITDA margin 23.5%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Foundrydigital India is U72900KA2022FTC161868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundrydigital India was incorporated on 30 May 2022. It is registered with the Registrar of Companies, Bangalore.
The peers of Foundrydigital India by revenue are Net Ninja Solutions Private Limited, Logon Software (India) Private Limited, BTP Infoserve Private Limited, Digital Aptech Private Limited, Idigisys Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 19 Mar 2025. Gururaja Kunjibettu Upadhya ceased to be Additional Director on 11 Oct 2022. Srinivasiah Suhas ceased to be Director on 11 Oct 2022. Foundrydigital India has 5 board changes on record in total.
Foundrydigital India can be reached through the website foundrydigital.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Foundrydigital India is at 3 2nd Floor Prestige Sigma, Vittal Mallya Road, Bangalore, Karnataka, India – 560001.