About Iitm Pravartak Technologies Foundation
Data last updated:
Iitm Pravartak Technologies Foundation is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U73100TN2020NPL135863. Its GSTIN is 33AAFCI6672N1Z3 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
It is led by directors including Bhaskar Ramamurthi and Ravinder David Koilpillai.
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 B5 – 01 B Block 5th Floor Iit Madras Research Park, Kanagam Road Taramani Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.57 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹24.38 Cr (net margin 17.5%) and EBITDA of ₹38.27 Cr (EBITDA margin 27.4%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
The company is associated with 1 brand: IIT Madras. As per MCA filings, the company has open charges of ₹35 Cr on record.
For more details, the company can be reached via its website iitm.ac.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB5 – 01 B Block 5th Floor Iit Madras Research Park, Kanagam Road Taramani Chennai, Tamil Nadu, India – 600113
- 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
- One PDF report, delivered after checkout
Business Activity of Iitm Pravartak Technologies Foundation
The main business activity of Iitm Pravartak Technologies Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 Iitm Pravartak Technologies Foundation FY 2025 filings available
Iitm Pravartak Technologies Foundation reported revenue of ₹139.57 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iitm Pravartak Technologies Foundation
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA fell 28% 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 of Iitm Pravartak Technologies Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹38.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.38 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 Iitm Pravartak Technologies Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 Iitm Pravartak Technologies Foundation are in the company report.
Financial statements from FY 2021
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 Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation is compared with the companies closest to it by revenue in the same principal business activity (Scientific research and development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raptim Research Private Limited | ₹146.15 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Rainbow Agrosciences Private Limited | ₹145.84 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
| Synzeal Research Private Limited | ₹144.48 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bavla, Gujarat, India |
| Amneal Oncology Private Limited | ₹144.26 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmedabad, Gujarat, India |
| Iffco-Nanoventions Private Limited | ₹141.2 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Coimbatore, Tamil Nadu, India |
| Iitm Pravartak Technologies Foundation this company | ₹139.57 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Chennai, Tamil Nadu, India |
| Avl Technical Centre Private Limited. | ₹135.84 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Navitas Life Sciences Private Limited | ₹125.66 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| TCG Centres for Research and Education in Science and Technology | ₹117.92 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Kolkata, West Bengal, India |
| Michelin India Technology Center Private Limited | ₹116.59 Cr (FY 2022) | •••• | •••• | -8.0% | •••• | Saligramam, Tamil Nadu, India |
| Chemveda Life Sciences India Private Limited | ₹115.81 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Iitm Pravartak Technologies Foundation by revenue in the same principal business activity (Scientific research and development), 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 Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation is audited by VELU MUTHU ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VELU MUTHU ASSOCIATES | 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 Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation has 9 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Ramamurthi Also directs: Tejas Networks Limited, Higher Education Financing Agency | Director | 31 Mar 2022 | 4 Years 6 Months | Current |
| Ravinder David Koilpillai | Director | 29 Mar 2021 | 5 Years 6 Months | Current |
| Murthy Haradanahalli Also directs: Tunga Aerospace Industries Private Limited | Director | 29 Mar 2021 | 5 Years 6 Months | Current |
| Veezhinathan Kamakoti Also directs: City Union Bank Limited, Iitm Cdot Samgnya Technologies Foundation, Iitm Bodhan-Ai Foundation and 5 more | Director | 07 Feb 2022 | 4 Years 8 Months | Current |
| Bhaskar Bhat | Director | 09 Jul 2020 | 6 Years 3 Months | Current |
| Manu Santhanam | Director | 11 Aug 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Iitm Pravartak Technologies Foundation
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 Iitm Pravartak Technologies Foundation
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2024 | Others | ₹35 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation operates one associated brand: IIT Madras. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Various engineering courses and degrees are offered by the institution. | iitm.ac.in |
Employees and EPFO Compliance at Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation has a workforce of 0 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 Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation has 19 board changes on record since 2020: 9 appointments and 10 cessations. The latest: Bhaskar Ramamurthi ceased to be Additional Director on 30 Sep 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Iitm Pravartak Technologies Foundation
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 Iitm Pravartak Technologies Foundation
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 Iitm Pravartak Technologies Foundation
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 Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI6672N1Z3 | Tamil Nadu | Active | 28 Oct 2020 |
| 07AAFCI6672N1ZY | Delhi | Active | 07 Sep 2023 |
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 Iitm Pravartak Technologies Foundation
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.
Related news about Iitm Pravartak Technologies Foundation
Frequently Asked Questions about Iitm Pravartak Technologies Foundation
Iitm Pravartak Technologies Foundation is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U73100TN2020NPL135863.
Iitm Pravartak Technologies Foundation reported revenue of ₹139.57 Cr for FY 2025 (down 38% YoY).
Iitm Pravartak Technologies Foundation has 9 current directors:
- Bhaskar Ramamurthi - Director
- Ravinder David Koilpillai - Director
- Murthy Haradanahalli - Director
- Veezhinathan Kamakoti - Director
- Bhaskar Bhat - Director
- Manu Santhanam - Director
- Kumar Nellicherry Sivarajan - Director
- Gangadharan Venkatesh - Director
- Ravindra Gettu - Director
Iitm Pravartak Technologies Foundation reported a net profit of ₹24.38 Cr (net margin 17.5%) and EBITDA of ₹38.27 Cr (EBITDA margin 27.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iitm Pravartak Technologies Foundation is 109% over three years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iitm Pravartak Technologies Foundation is 33AAFCI6672N1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAFCI6672N1ZY (Delhi).
The CIN (Corporate Identification Number) of Iitm Pravartak Technologies Foundation is U73100TN2020NPL135863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iitm Pravartak Technologies Foundation was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Iitm Pravartak Technologies Foundation by revenue are Raptim Research Private Limited, Rainbow Agrosciences Private Limited, Synzeal Research Private Limited, Amneal Oncology Private Limited, Iffco-Nanoventions Private Limited and 5 more, all in the same principal business activity (Scientific research and development).
Bhaskar Ramamurthi ceased to be Additional Director on 30 Sep 2022. Manu Santhanam ceased to be Additional Director on 30 Sep 2022. Veezhinathan Kamakoti ceased to be Additional Director on 30 Sep 2022. Iitm Pravartak Technologies Foundation has 19 board changes on record in total.
Iitm Pravartak Technologies Foundation can be reached through the website iitm.ac.in. Its registered office is in Chennai, Tamil Nadu, India.