MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0045014
Idea Infinity IT Solutions Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹212.15 Cr
▲ 1% YoY
Net profit · FY 2024
₹12.68 Cr
Net margin 6%
EBITDA · FY 2024
₹25.58 Cr
EBITDA margin 12.1%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹8.79 Cr
Issued & subscribed
Open charges
₹137.17 Cr
Satisfied ₹30 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
2,391
Provident fund records
About Idea Infinity IT Solutions Private Limited
Data last updated:
Idea Infinity IT Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008PTC048690. Its GSTIN is 29AACCI0076K1ZF (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹8.79 Cr. It is led by directors including Keelambi Subbarao Ramesh (Managing Director) and Manjappa Hiriya Naik.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ubiquity No. 117 Infantry Road Shivajinagar, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹212.15 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.68 Cr (net margin 6%) and EBITDA of ₹25.58 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 2,391 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Idea Infinity IT Solutions. As per MCA filings, the company has open charges of ₹137.17 Cr and satisfied charges of ₹30 Lakh on record. Court records list 15 cases involving the company, including 7 filed by the company and 8 filed against it; 2 cases are pending.
Idea Infinity IT Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0045014). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideainfinityit.com.
Company details
CIN U72900KA2008PTC048690
Registration Number 048690
Incorporation Date 23 December 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0045014
Key People
Keelambi Subbarao Ramesh Managing Director Manjappa Hiriya Naik Director Halappa Yashoda Director Recognitions & Rankings of Idea Infinity IT Solutions
Contact details
Idea Infinity IT Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is ideainfinityit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUbiquity No. 117 Infantry Road Shivajinagar, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Idea Infinity IT Solutions Private Limited, buy the company report.
Comprehensive company report
Idea Infinity IT Solutions 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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Secure checkout · GST invoice included
Brands
Idea Infinity IT Solutions operates one associated brand: Idea Infinity IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialized IT company focused on empowering business transformation. | ideainfinityit.com |
Business activity
The main business activity of Idea Infinity IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Idea Infinity IT Solutions Private Limited, buy the company report.
Financials of Idea Infinity IT Solutions Private Limited
FY 2024 filings availableIdea Infinity IT Solutions Private Limited reported revenue of ₹212.15 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹212.15 Cr ▲ 1%
Net profit · FY 2024
₹12.68 Cr margin 6%
EBITDA · FY 2024
₹25.58 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 1% growth 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 |
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| EBITDA | ₹25.58 Cr | ||||
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| Net Profit (PAT) | ₹12.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Idea Infinity IT Solutions Private Limited, buy the company report.
Board of directors of Idea Infinity IT Solutions Private Limited
Idea Infinity IT Solutions has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjappa Hiriya Naik | Director | 23 Dec 2008 | 17 Years 10 Months | Current |
| Halappa Yashoda | Director | 23 Dec 2008 | 17 Years 10 Months | Current |
| Keelambi Subbarao Rajesh Also directs: Annasudha Krishi Private Limited, Keelambi Media Lab Private Limited, Xmatic Innovations Private Limited and 2 more | Director | 23 Dec 2008 | 17 Years 10 Months | Current |
| Keelambi Subbarao Ramesh | Managing Director | 12 Aug 2011 | 15 Years 2 Months | Current |
| Chethan Kumar Halappa | Director | 06 Jul 2019 | 7 Years 3 Months | Current |
| Mandagere Chandrashekar Vinaya Also directs: Virtualtech Health Clinics Private Limited | Director | 07 Oct 2015 | 11 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Idea Infinity IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 42Gears Mobility Systems Private Limited | ₹216.08 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Insemi Technology Services Private Limited | ₹215.59 Cr (FY 2025) | 30.0% | Bengaluru, Karnataka, India | |||
| Silicon and Beyond Private Limited | ₹213.6 Cr (FY 2018) | 805.0% | Bangalore, Karnataka, India | |||
| Brio Technologies Private Limited | ₹212.99 Cr (FY 2025) | 27.0% | Hyderabad, Telangana, India | |||
| Scopely Games Private Limited | ₹212.9 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Idea Infinity IT Solutions Private Limitedthis company | ₹212.15 Cr (FY 2024) | ₹12.68 Cr | 6% | 1.0% | 2,391 | Bengaluru, Karnataka, India |
| Blenheim Chalcot IT Services India Private Limited | ₹211.38 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Central Data Systems Private Limited | ₹210.47 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Uniphore Software Systems Private Limited | ₹210.45 Cr (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Magic Software Private Limited | ₹210.04 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Indiagames Limited | ₹207.88 Cr (FY 2016) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Idea Infinity IT Solutions Private Limited, buy the company report.
Auditor
Idea Infinity IT Solutions Private Limited is audited by R S T and Co., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S T and Co., | FY 2023 | 013239S |
Shareholding
The shareholding of Idea Infinity IT Solutions 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Idea Infinity IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹137.17 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101165188 | Others | ₹30 Cr | Open | |
| 12 Mar 2025 | 101087174 | Hdfc Bank Limited | ₹96.5 Lakh | Open | |
| 28 Nov 2024 | 101029807 | Others | ₹10 Cr | Open | |
| 30 Sep 2024 | 101007054 | Others | ₹25 Cr | Open | |
| 04 Dec 2019 | 100311878 | Axis Bank Limited | ₹49.2 Cr | Open |
To see the full charge records of Idea Infinity IT Solutions Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Idea Infinity IT Solutions Private Limited has 15 court cases on record: 7 filed by Idea Infinity IT Solutions, 8 filed against it. 2 cases are pending and 13 are disposed.
Total cases
15
Filed by the company
7
Filed against the company
8
Pending
2
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 1 |
| District courts | 7 | 3 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed against the company by Welkin Telecom Infra Pvt. Ltd | Pending |
| High Court | Writ petition | Filed against the company by Zygox Infotech Private Limited | Disposed |
| High Court, Rajasthan | Writ petition | Filed by the company against Jaipur Vidyut Vitran Nigam Ltd. and 4 others | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S Transvision Software and Data Solutions Pvt Ltd and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Bcits Pvt Ltd | Disposed |
To see the full case history of Idea Infinity IT Solutions 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.
Credit ratings & regulatory alerts
Idea Infinity IT Solutions Private Limited was last rated by Indiarating on 26 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 26 Mar 2021 |
To see the full credit ratings and regulatory alerts of Idea Infinity IT Solutions Private Limited, buy the company report.
MSME payment delays
Idea Infinity IT Solutions Private Limited has 7 MSME Form 1 returns on record between 2018 and 2024, listing 85 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Scaleupinc Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Idea Infinity IT Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Idea Infinity IT Solutions has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Virtualtech Health Clinics Private Limited | U72900KA2022PTC165249 | |
| Devsys Embedded Technologies Private Limited | U74900KA2016PTC085245 |
To see the full group structure of Idea Infinity IT Solutions Private Limited, buy the company report.
Employees & EPFO
Idea Infinity IT Solutions Private Limited has a workforce of 2,391 employees on its EPFO records as of Nov 21, 2024, across 1 active EPFO establishment.
Employee count
2,391
Active EPFO establishments
1
Employee growth
2.84%
GST
Idea Infinity IT Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI0076K1ZF | Karnataka | Active | 01 Jul 2017 |
| 16AACCI0076K1ZM | Tripura | Active | 01 Aug 2021 |
| 19AACCI0076K1ZG | West Bengal | Active | 14 Aug 2021 |
| 20AACCI0076K1ZX | Jharkhand | Active | 05 Sep 2022 |
To see the full GST registrations and return filing status of Idea Infinity IT Solutions Private Limited, buy the company report.
Recent activity
Idea Infinity IT Solutions Private Limited has 16 board changes on record since 2008: 11 appointments and 5 cessations. The latest: Varalakshmi Bhaskarnaidu ceased to be Director on 30 Apr 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101165188 was registered on 12 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.97 Cr with Charge ID 101087174 was registered on 12 Mar 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101029807 was registered on 28 Nov 2024.
AGM
Idea Infinity It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101007054 was registered on 30 Sep 2024.
Ceased
Varalakshmi Bhaskarnaidu ceased to be Director.
Charges
A charge registered on 06 Apr 2021 via Charge ID 100449395 with Axis Bank Limited was fully satisfied on 03 Apr 2024.
Filing
Idea Infinity It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Karnataka Bank Ltd. of Rs. 22.00 Cr registered on 26 Jun 2015 with Charge ID 10580793 was modified on 20 Oct 2023.
Ceased
Prathist Kempegowda ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 49.20 Cr registered on 04 Dec 2019 with Charge ID 100311878 was modified on 06 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100449395 was registered on 06 Apr 2021.
17 earlier events are in the company report.
Frequently asked questions
Idea Infinity IT Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2008 (18+ years old) and is registered under CIN U72900KA2008PTC048690.
Idea Infinity IT Solutions has 7 current directors:
- Keelambi Subbarao Ramesh - Managing Director
- Manjappa Hiriya Naik - Director
- Halappa Yashoda - Director
- Keelambi Subbarao Rajesh - Director
- Chethan Kumar Halappa - Director
- Mandagere Chandrashekar Vinaya - Director
- Chikka Revanna Deepak - Director
The latest financial statements of Idea Infinity IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Idea Infinity IT Solutions is 29AACCI0076K1ZF, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 16AACCI0076K1ZM (Tripura), 19AACCI0076K1ZG (West Bengal), 20AACCI0076K1ZX (Jharkhand).
The CIN (Corporate Identification Number) of Idea Infinity IT Solutions is U72900KA2008PTC048690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idea Infinity IT Solutions has 15 court cases on record: 7 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Idea Infinity IT Solutions was incorporated on 23 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Idea Infinity IT Solutions by revenue are 42Gears Mobility Systems Private Limited, Insemi Technology Services Private Limited, Silicon and Beyond Private Limited, Brio Technologies Private Limited, Scopely Games Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Varalakshmi Bhaskarnaidu ceased to be Director on 30 Apr 2024. Prathist Kempegowda ceased to be Director on 28 Feb 2022. Vrushanka Kognabnlu Manjappanaik ceased to be Director on 31 Dec 2020. Idea Infinity IT Solutions has 16 board changes on record in total.
Yes, Idea Infinity IT Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0045014).
Idea Infinity IT Solutions has 7 MSME Form 1 returns on record between 2018 and 2024, listing 85 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Idea Infinity IT Solutions can be reached through the website ideainfinityit.com. Its registered office is in Bengaluru, Karnataka, India.