
About Inco Jade Private Limited
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Inco Jade Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Phoenix Tech Zone Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2019PTC199751. Its GSTIN is 36AAKCP6193Q1ZF (Telangana).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20.04 Lakh. It was formerly known as Phoenix It Hub Private Limited. It is led by directors including Tanmay Ravi and Anand Narendra Nagda.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.35 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹10.28 Cr (net margin -10.2%) and EBITDA of ₹83.83 Cr (EBITDA margin 83.5%).
As per MCA filings, the company has open charges of ₹555 Cr and satisfied charges of ₹3,510 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixindia.net.
Company details
CIN history
Inco Jade has one previous CIN (Corporate Identification Number): U45200TG2019PTC133530. The current CIN is U45200KA2019PTC199751, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200KA2019PTC199751 | Current |
| U45200TG2019PTC133530 | Previous |
Contact details
Inco Jade Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address1st Floor Ub Plaza No. 1 & 2, Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
- 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
Business activity
The main business activity of Inco Jade is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Inco Jade Private Limited, buy the company report.
Financials of Inco Jade Private Limited
FY 2025 filings availableInco Jade Private Limited reported revenue of ₹100.35 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year. EBITDA rose 2% in the latest 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 | ₹83.83 Cr | ||||
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| Net Profit (PAT) | -₹10.28 Cr | ||||
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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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| EBITDA Margin | 83.5% | ||||
| Net Profit Margin | -10.2% | ||||
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To see the full financial statements and ratios of Inco Jade Private Limited, buy the company report.
Board of directors of Inco Jade Private Limited
Inco Jade has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmay Ravi Also directs: Milestone Buildcon Private Limited | Director | 23 Oct 2023 | 3 Years 0 Months | Current |
| Anand Narendra Nagda Also directs: Candor Gurgaon One Realty Projects Private Limited, Inco Jade Private Limited, Milestone Buildcon Private Limited and 5 more | Director | 09 Sep 2025 | 1 Years 2 Months | Current |
| Atul M P Tendulkar Also directs: Inco Jade Private Limited, Milestone Buildcon Private Limited, Striton Properties Private Limited and 1 more | Director | 09 Sep 2025 | 1 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2023 | 100758287 | Others | ₹555 Cr | Open | |
| 29 Jun 2022 | 100600138 | Others | ₹210 Cr | Satisfied | |
| 13 Jan 2022 | 100538485 | Others | ₹725 Cr | Satisfied | |
| 13 Jan 2022 | 100541801 | Others | ₹790 Cr | Satisfied | |
| 08 Apr 2021 | 100433925 | Others | ₹1,135 Cr | Satisfied |
To see the full charge records of Inco Jade Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Inco Jade 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 Inco Jade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inco Jade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCP6193Q1ZF | Telangana | Active | 20 Aug 2019 |
To see the full GST registrations and return filing status of Inco Jade Private Limited, buy the company report.
Recent activity
Inco Jade Private Limited has 13 board changes on record since 2021: 3 appointments and 10 cessations. The latest: Anand Narendra Nagda was appointed as Director on 09 Sep 2025.
16 earlier events are in the company report.
Frequently asked questions
Inco Jade is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under CIN U45200KA2019PTC199751.
Inco Jade has 3 current directors:
- Tanmay Ravi - Director
- Anand Narendra Nagda - Director
- Atul M P Tendulkar - Director
The latest financial statements of Inco Jade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Inco Jade is 36AAKCP6193Q1ZF, registered in Telangana.
The CIN (Corporate Identification Number) of Inco Jade is U45200KA2019PTC199751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inco Jade was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Narendra Nagda was appointed as Director on 09 Sep 2025. Anand Narendra Nagda ceased to be Additional Director on 09 Sep 2025. Atul M P Tendulkar was appointed as Director on 09 Sep 2025. Inco Jade has 13 board changes on record in total.
Inco Jade can be reached through the website phoenixindia.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Inco Jade is at 1st Floor Ub Plaza No. 1 & 2, Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
Inco Jade operates in the financial services industry, in the real estate financing segment.

