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Incoen Systems Private Limited
Incoen Systems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10,975
▲ 41% YoY
Net loss · FY 2024
₹2.36 Lakh
Latest filing
EBITDA · FY 2024
-₹2.36 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Incoen Systems Private Limited
Data last updated:
Incoen Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 01 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2020PTC138348.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpa Thakur and Srinivasan Shylesh.
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 No R – 203 The Metrozone J.N Salai Tmglm, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,975, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹2.36 Lakh and EBITDA of -₹2.36 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
Incoen Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0023049).
Company details
CIN U31900TN2020PTC138348
Registration Number 138348
Incorporation Date 01 October 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0023049
Recognitions & Rankings of Incoen Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0023049
Contact details
Incoen Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo R – 203 The Metrozone J.N Salai Tmglm, Chennai, Tamil Nadu, India – 600040
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Incoen Systems Private Limited, buy the company report.
Comprehensive company report
Incoen Systems 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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Financials of Incoen Systems Private Limited
FY 2025 filings availableIncoen Systems Private Limited reported revenue of ₹10,975 (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹10,975 ▲ 41%
Net loss · FY 2024
₹2.36 Lakh
EBITDA · FY 2024
-₹2.36 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▼ 80%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 30%
Revenue rose 41% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 80%. EBITDA rose 23% 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 |
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| Total Expenses | ||||
| EBITDA | -₹2.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.36 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Incoen Systems Private Limited, buy the company report.
Board of directors of Incoen Systems Private Limited
Incoen Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Thakur | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
| Srinivasan Shylesh | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Incoen Systems Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HTLT Energy Solutions Private Limited | ₹11,700 (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Anu Electrical Enterprises Private Limited | ₹11,288 (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Flowmore Design & Technologies Private Limited | ₹11,124 (FY 2025) | 102.0% | New Delhi, Delhi, India | |||
| Avigation Integrated Solutions Private Limited | ₹11,000 (FY 2025) | -100.0% | Bangalore, Karnataka, India | |||
| Excell Electek Private Limited | ₹10,991 (FY 2023) | New Delhi, Delhi, India | ||||
| Incoen Systems Private Limitedthis company | ₹10,975 (FY 2024) | -₹2.36 Lakh | 41.0% | Chennai, Tamil Nadu, India | ||
| Global Systems Private Limited | ₹10,912 (FY 2023) | 72.0% | Vadodara, Gujarat, India | |||
| Digitalfortress Private Limited | ₹10,900 (FY 2024) | Guntur, Andhra Pradesh, India | ||||
| Orange Cellcom Private Limited | ₹10,140 (FY 2025) | -17.0% | Delhi, India | |||
| Mectech Robotics Private Limited | ₹10,000 (FY 2024) | Vadodara, Gujarat, India | ||||
| Kaynes Embedded Systems Private Limited | ₹10,000 (FY 2025) | Mysore, Karnataka, India |
To see the full peer comparison of Incoen Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Incoen Systems 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 Incoen Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incoen Systems Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Incoen Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Incoen Systems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Shilpa Thakur was appointed as Director on 01 Oct 2020.
AGM
Incoen Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Incoen Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Shilpa Thakur was appointed as Director.
Appointed
Srinivasan Shylesh was appointed as Director.
Incorporation
01 Oct 2020
Incoen Systems Private Limited was registered on 01 Oct 2020 with Roc Chennai & aged 6 years 25 days as per MCA records.
Frequently asked questions
Incoen Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 01 October 2020 (6+ years old) and is registered under CIN U31900TN2020PTC138348.
Incoen Systems has 2 current directors:
- Shilpa Thakur - Director
- Srinivasan Shylesh - Director
The latest financial statements of Incoen Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Incoen Systems is U31900TN2020PTC138348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incoen Systems was incorporated on 01 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Incoen Systems by revenue are HTLT Energy Solutions Private Limited, Anu Electrical Enterprises Private Limited, Flowmore Design & Technologies Private Limited, Avigation Integrated Solutions Private Limited, Excell Electek Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Shilpa Thakur was appointed as Director on 01 Oct 2020. Srinivasan Shylesh was appointed as Director on 01 Oct 2020.
Yes, Incoen Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Incoen Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0023049).
The registered office of Incoen Systems is at No R – 203 The Metrozone J.N Salai Tmglm, Chennai, Tamil Nadu, India – 600040.
Incoen Systems operates in the information technology industry, in the electronic components and equipment manufacturing segment.