Startup India Government of India
Incentive Solutions Private Limited
Incentive Solutions Private Limited - business outsourcing in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.85 Cr
▲ 41% YoY
Net profit · FY 2025
₹6.06 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹20.43 Lakh
EBITDA margin 5.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
15
Provident fund records
About Incentive Solutions Private Limited
Data last updated:
Incentive Solutions Private Limited is a private limited company based in Chandigarh, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 30 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999CH2018PTC042124. Its GSTIN is 04AAECI9704L1ZE (Chandigarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jeevan Jyot and Swati Nagpal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S.C.O 705 Second Floor Nac Manimajra, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.85 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹6.06 Lakh (net margin 1.6%) and EBITDA of ₹20.43 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years and 5% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Incentive Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0005550).
Company details
CIN U74999CH2018PTC042124
Registration Number 042124
Incorporation Date 30 August 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0005550
Key People
Jeevan Jyot Director Swati Nagpal Sharma Director Recognitions & Rankings of Incentive Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0005550
Contact details
Incentive Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.C.O 705 Second Floor Nac Manimajra, Chandigarh, India – 160101
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Incentive Solutions Private Limited, buy the company report.
Comprehensive company report
Incentive 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
Business activity
The main business activity of Incentive Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Incentive Solutions Private Limited, buy the company report.
Financials of Incentive Solutions Private Limited
FY 2024 filings availableIncentive Solutions Private Limited reported revenue of ₹3.85 Cr (up 41% YoY) for FY 2025.
Revenue · FY 2025
₹3.85 Cr ▲ 41%
Net profit · FY 2025
₹6.06 Lakh margin 1.6%
EBITDA · FY 2025
₹20.43 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 91%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 34%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 41% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.43 Lakh | ||||
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| Net Profit (PAT) | ₹6.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Incentive Solutions Private Limited, buy the company report.
Board of directors of Incentive Solutions Private Limited
Incentive Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeevan Jyot | Director | 30 Aug 2018 | 8 Years 1 Months | Current |
| Swati Nagpal Sharma | Director | 29 Jul 2020 | 6 Years 2 Months | Current |
Auditor
Incentive Solutions Private Limited is audited by SANJAY SHALINDER & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY SHALINDER & ASSOCIATES | FY 2022 | 018714N |
Shareholding
The shareholding of Incentive Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Incentive Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2023 | 100781872 | Canara Bank | ₹20 Lakh | Open | |
| 25 Aug 2020 | 100361731 | Canara Bank | ₹90 Lakh | Open |
To see the full charge records of Incentive Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Incentive Solutions 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 Incentive Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incentive Solutions Private Limited has a workforce of 15 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
25%
GST
Incentive Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECI9704L1ZE | Chandigarh | Active | 24 Jan 2019 |
To see the full GST registrations and return filing status of Incentive Solutions Private Limited, buy the company report.
Recent activity
Incentive Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Shweta Chaudhary ceased to be Director on 02 Apr 2022.
Charges
A charge with Canara Bank of Rs. 90.00 Lakh registered on 25 Aug 2020 with Charge ID 100361731 was modified on 10 Oct 2025.
AGM
Incentive Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Incentive Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Canara Bank amounted to Rs. 20.00 Lakh with Charge ID 100781872 was registered on 12 Aug 2023.
Ceased
Shweta Chaudhary ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 90.00 Lakh with Charge ID 100361731 was registered on 25 Aug 2020.
Appointed
Swati Nagpal Sharma was appointed as Director.
Appointed
Jeevan Jyot was appointed as Director.
Appointed
Shweta Chaudhary was appointed as Director.
Incorporation
30 Aug 2018
Incentive Solutions Private Limited was registered on 30 Aug 2018 with Roc Chandigarh & aged 8 years 1 month as per MCA records.
Frequently asked questions
Incentive Solutions is an active private limited company based in Chandigarh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 August 2018 (8+ years old) and is registered under CIN U74999CH2018PTC042124.
Incentive Solutions has 2 current directors:
- Jeevan Jyot - Director
- Swati Nagpal Sharma - Director
The latest financial statements of Incentive Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Incentive Solutions is 04AAECI9704L1ZE, registered in Chandigarh.
The CIN (Corporate Identification Number) of Incentive Solutions is U74999CH2018PTC042124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incentive Solutions was incorporated on 30 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
Shweta Chaudhary ceased to be Director on 02 Apr 2022. Swati Nagpal Sharma was appointed as Director on 29 Jul 2020. Jeevan Jyot was appointed as Director on 30 Aug 2018. Incentive Solutions has 4 board changes on record in total.
Yes, Incentive Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Incentive Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0005550).
The registered office of Incentive Solutions is at S.C.O 705 Second Floor Nac Manimajra, Chandigarh, India – 160101.