MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0060737
Ids Next Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.66 Cr
▼ 24% YoY
Net profit · FY 2024
₹45.61 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹5.02 Cr
EBITDA margin 12.1%
Authorised capital
₹3.6 Cr
Registered with MCA
Paid-up capital
₹3.1 Cr
Issued & subscribed
Open charges
₹6.22 Cr
Satisfied ₹7.13 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
308
Provident fund records
About Ids Next Business Solutions Private Limited
Data last updated:
Ids Next Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 16 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1992PTC013696. Its GSTIN is 29AAACI3832R1Z1 (Karnataka). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.1 Cr. It was formerly known as Intellect Data Systems and Software Private Limited and Ids Softwares Private Limited. It is led by directors including Anumolu Balamurali Krishna and Vissal Mathew.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mfar Manyata Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.66 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹45.61 Lakh (net margin 1.1%) and EBITDA of ₹5.02 Cr (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 308 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IDS Next. As per MCA filings, the company has open charges of ₹6.22 Cr and satisfied charges of ₹7.13 Cr on record. Court records list 31 cases involving the company, including 12 filed by the company and 19 filed against it; 4 cases are pending. The company has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹56.6 Lakh; the latest was in March 2021. Its 4 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 1 smaller; the largest is Kripya Solutions Private Limited with revenue of ₹42.25 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2024, listing 98 overdue payments to 32 micro and small suppliers.
Ids Next Business Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060737). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idsnext.com.
Company details
CIN U72200KA1992PTC013696
Registration Number 013696
Incorporation Date 16 November 1992
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0060737
Name history
Ids Next Business Solutions has undergone 2 name changes throughout its history. The company was previously known as Intellect Data Systems And Software Private Limited, and Ids Softwares Private Limited. The current legal name is Ids Next Business Solutions Private Limited.
| Company Name | Status |
|---|---|
| Ids Next Business Solutions Private Limited | Current |
| Intellect Data Systems And Software Private Limited | Previous |
| Ids Softwares Private Limited | Previous |
Key People
Anumolu Balamurali Krishna Director Hiren Haresh Ved Nominee Director Vissal Mathew Director Recognitions & Rankings of Ids Next Business Solutions
Contact details
Ids Next Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is idsnext.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Mfar Green Heart Phase IV Building, Mfar Manyata Tech Park Nagawara, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ids Next Business Solutions Private Limited, buy the company report.
Comprehensive company report
Ids Next Business 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ids Next Business Solutions operates one associated brand: IDS Next. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality technology solutions are provided by IDS Next globally. | idsnext.com |
Business activity
The main business activity of Ids Next Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ids Next Business Solutions Private Limited, buy the company report.
Financials of Ids Next Business Solutions Private Limited
FY 2025 filings availableIds Next Business Solutions Private Limited reported revenue of ₹41.66 Cr (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹41.66 Cr ▼ 24%
Net profit · FY 2024
₹45.61 Lakh margin 1.1%
EBITDA · FY 2024
₹5.02 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 8%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 52%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 24% fall in the latest year. EBITDA fell 26% 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 | ₹41.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.61 Lakh | ||||
| 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 | 12.1% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ids Next Business Solutions Private Limited, buy the company report.
Board of directors of Ids Next Business Solutions Private Limited
Ids Next Business Solutions has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anumolu Balamurali Krishna | Director | 31 Oct 1997 | 28 Years 11 Months | Current |
| Hiren Haresh Ved | Nominee Director | 07 Mar 2000 | 26 Years 7 Months | Current |
| Vissal Mathew Also directs: Travessence India Private Limited | Director | 16 Nov 1992 | 33 Years 11 Months | Current |
| Suresh John | Director | 16 Nov 1992 | 33 Years 11 Months | Current |
| Binumathews Also directs: Pomo Intelligence Works Private Limited | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Stephen Poonnen Also directs: Gardenhouse Food Services LLP, The Kolarie (Wynaad) Estates Pvt Ltd, CSS Grower Systems Private Limited and 2 more | Director | 31 Oct 1997 | 28 Years 11 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Ids Next Business Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kripya Solutions Private Limited | ₹42.25 Cr (FY 2025) | 34.0% | Chennai, Tamil Nadu, India | |||
| Bitcomm Technologies Private Limited | ₹41.96 Cr (FY 2024) | 51.0% | Delhi, India | |||
| Ness Digital Engineering Enterprises (India) Private Limited | ₹41.75 Cr (FY 2024) | -42.0% | Pune, Maharashtra, India | |||
| Ids Next Business Solutions Private Limitedthis company | ₹41.66 Cr (FY 2024) | ₹45.61 Lakh | 1.1% | -24.0% | 308 | Bangalore, Karnataka, India |
| Iprogrammer Solutions Private Limited | ₹39.96 Cr (FY 2024) | 7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Ids Next Business Solutions Private Limited, buy the company report.
Auditor
Ids Next Business Solutions Private Limited is audited by NAVINNAYAK&ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVINNAYAK&ASSOCIATES | FY 2024 | 014367S |
Shareholding
The shareholding of Ids Next Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ids Next Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.22 Cr
Satisfied charges
₹7.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2022 | 100599359 | Hdfc Bank Limited | ₹22.54 Lakh | Open | |
| 12 Jan 2000 | 90197673 | State Bank of Mysore | ₹1.6 Cr | Open | |
| 12 Jun 1998 | 90197378 | Tdici Ltd. | ₹4 Cr | Open | |
| 28 Jun 1996 | 90197044 | State Bank of Mysore | ₹9.25 Lakh | Open | |
| 12 Dec 1995 | 90198864 | Karnataka Financial Services Ltd. | ₹5.16 Lakh | Open |
To see the full charge records of Ids Next Business Solutions Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Ids Next Business Solutions Private Limited has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹56.6 Lakh; the latest was in March 2021.
Total deals
13
Secondary share transfers
12
Funding round
1
Disclosed funding
₹56.6 Lakh
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Autumn Chime Investments Limited -, 3 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Autumn Chime Investments Limited - |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Gateway Securities Private Limited , Alchemy Share & Stock Brokers Private Limited, RBA Finance & Investment Company, an individual |
To see the full deal history of Ids Next Business Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ids Next Business Solutions Private Limited has 31 court cases on record: 12 filed by Ids Next Business Solutions, 19 filed against it. 4 cases are pending and 27 are disposed.
Total cases
31
Filed by the company
12
Filed against the company
19
Pending
4
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 1 |
| District courts | 10 | 9 | 2 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Golden Galaxy Hotels and Resorts Private Limited | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Embee Software Pvt Ltd | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Embee Software Pvt Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| High Court | Court case (APOT) | Filed against the company by Magma Leasing Ltd. | Disposed |
To see the full case history of Ids Next Business 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.
MSME payment delays
Ids Next Business Solutions Private Limited has 7 MSME Form 1 returns on record between 2020 and 2024, listing 98 overdue payments to 32 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 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Atria Convergence Technologies Limited | |||
| an individual supplier | |||
| Noventiq Global AI Solutions Private Limited | |||
| Handiman Services Limited | |||
| an individual supplier |
To see the full MSME payment records of Ids Next Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ids Next Business Solutions Private Limited has a workforce of 308 employees on its EPFO records as of Nov 05, 2025, across 1 active EPFO establishment.
Employee count
308
Active EPFO establishments
1
Employee growth
-49.01%
GST
Ids Next Business Solutions has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI3832R1Z1 | Karnataka | Active | 01 Jul 2017 |
| 29AAACI3832R2Z0 | Karnataka | Active | 16 Jun 2025 |
| 19AAACI3832R1Z2 | West Bengal | Active | 17 Aug 2017 |
| 27AAACI3832R1Z5 | Maharashtra | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Ids Next Business Solutions Private Limited, buy the company report.
Recent activity
Ids Next Business Solutions Private Limited has 11 board changes on record since 1992: 7 appointments and 4 cessations. The latest: Jamshed Pesi Shaw ceased to be Additional Director on 30 Sep 2022.
AGM
Ids Next Business Solutions Private Limited last Annual general meeting of members was held on 31 Oct 2025 as per latest MCA records.
Filing
Ids Next Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 16 Jun 2020 via Charge ID 100368094 with Others was fully satisfied on 08 Jan 2024.
Charges
A charge registered on 28 Mar 2014 via Charge ID 10490309 with Corporation Bank was fully satisfied on 08 Jan 2024.
Ceased
Jamshed Pesi Shaw ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100599359 was registered on 06 Jul 2022.
Appointed
Jamshed Pesi Shaw was appointed as Director.
Charges
A charge registered on 01 Oct 2009 via Charge ID 10183348 with Corporation Bank was fully satisfied on 26 Mar 2021.
Charges
A charge registered on 05 Sep 2009 via Charge ID 10183338 with Corporation Bank was fully satisfied on 26 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100368094 was registered on 16 Jun 2020.
Ceased
Binumathews ceased to be Additional Director.
Appointed
Binumathews was appointed as Director.
28 earlier events are in the company report.
News
Frequently asked questions
Ids Next Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 16 November 1992 (34+ years old) and is registered under CIN U72200KA1992PTC013696.
Ids Next Business Solutions has 7 current directors:
- Anumolu Balamurali Krishna - Director
- Hiren Haresh Ved - Nominee Director
- Vissal Mathew - Director
- Suresh John - Director
- Binumathews - Director
- Stephen Poonnen - Director
- Jamshed Pesi Shaw - Director
The latest financial statements of Ids Next Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ids Next Business Solutions is 29AAACI3832R1Z1, registered in Karnataka. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACI3832R2Z0 (Karnataka), 19AAACI3832R1Z2 (West Bengal), 27AAACI3832R1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Ids Next Business Solutions is U72200KA1992PTC013696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ids Next Business Solutions has 31 court cases on record: 12 filed by the company and 19 filed against it. 4 are pending. Most are in the high courts.
Ids Next Business Solutions was incorporated on 16 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Ids Next Business Solutions has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹56.6 Lakh; the latest was in March 2021.
The peers of Ids Next Business Solutions by revenue are Kripya Solutions Private Limited, Bitcomm Technologies Private Limited, Ness Digital Engineering Enterprises (India) Private Limited, Iprogrammer Solutions Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Jamshed Pesi Shaw ceased to be Additional Director on 30 Sep 2022. Jamshed Pesi Shaw was appointed as Director on 03 May 2022. Binumathews ceased to be Additional Director on 30 Sep 2015. Ids Next Business Solutions has 11 board changes on record in total.
Yes, Ids Next Business Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0060737).
Ids Next Business Solutions has 7 MSME Form 1 returns on record between 2020 and 2024, listing 98 overdue payments to 32 micro and small suppliers. The latest return was filed on 27 May 2024.