About Incredible Technologies Private Limited
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Incredible Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 14 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50404KA2015PTC148110. Its GSTIN is 29AADCI7452A1ZP (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹70.15 Lakh and a paid-up capital of ₹44.59 Lakh. It is led by directors Nandigam Sasidhar and Subas Chandra Hota.
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 212/A 2nd Floor I Main Road II Stage Domlur, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.59 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹13.83 Cr (net margin -31%) and EBITDA of -₹17.51 Cr (EBITDA margin -39.3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 30% over five years.
The company has about 114 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CredR. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹33.4 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credr.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address212/A 2nd Floor I Main Road II Stage Domlur, Bangalore, Karnataka, India – 560071
- IndustryE-Commerce, Online Automotive Platforms
- 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
CIN History of Incredible Technologies Private Limited
Incredible Technologies has one previous CIN (Corporate Identification Number): U50404MH2015PTC261907. The current CIN is U50404KA2015PTC148110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50404KA2015PTC148110 | Current |
| U50404MH2015PTC261907 | Previous |
Competitors & Alternatives of Incredible Technologies Private Limited
Brands and companies operating in the same space as Incredible Technologies Private Limited include DriveX, BeepKart, Droom and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 DriveX | Vehicle subscriptions are managed via an online booking platform. | Bengaluru, India | 2020 |
 BeepKart | Used two-wheelers are sold via an online digital platform. | Bengaluru, India | 2020 |
 Droom | Used vehicles are bought and sold through an AI platform. | Gurugram, India | 2014 |
 Vutto | Pre-owned two-wheelers are traded through a digital marketplace platform. | Bengaluru, India | 2024 |
 SAMIL | App-based bidding for used vehicles and equipment is enabled. | Delhi, India | 2011 |
 Bidkaro | Operates a digital marketplace for buying and selling pre-owned vehicles. | Gurugram, India | 2016 |
 eDiig | Operates a digital hub for automobile bidding and sales. | Chennai, India | 2010 |
 Autonagar | Serves as a platform for buying and selling used cars and bikes. | Jaipur, India | 2006 |
Business Activity of Incredible Technologies Private Limited
The main business activity of Incredible Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Incredible Technologies Private Limited
Incredible Technologies Private Limited is audited by SANJAY RANE & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJAY RANE & 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 Incredible Technologies Private Limited
Incredible Technologies has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandigam Sasidhar | Director | 14 Sep 2019 | 7 Years 0 Months | Current |
| Subas Chandra Hota | Director | 27 Dec 2022 | 3 Years 9 Months | Current |
Financials of Incredible Technologies Private Limited FY 2025 filings available
Incredible Technologies Private Limited reported revenue of ₹44.59 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Incredible Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 25% growth in the latest year. EBITDA rose 34% 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 Incredible Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA | -₹17.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.83 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Incredible Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Incredible Technologies are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Incredible Technologies Private Limited
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 Incredible Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Hdfc Bank Limited | ₹90 Lakh | Open |
| 21 Apr 2023 | Others | ₹6 Cr | Satisfied |
| 29 Jul 2021 | Others | ₹5 Cr | Satisfied |
| 06 Jan 2021 | Others | ₹2.4 Cr | Satisfied |
| 13 Mar 2020 | Others | ₹5 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Incredible Technologies Private Limited
Incredible Technologies Private Limited has a workforce of 114 employees as of Apr 05, 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.
GST Compliance of Incredible Technologies Private Limited
Incredible Technologies has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI7452A1ZP | Karnataka | Active | 09 Sep 2017 |
| 27AADCI7452A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 06AADCI7452A1ZX | Haryana | Active | 07 Sep 2019 |
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.
Legal Cases of Incredible Technologies Private Limited
Incredible Technologies Private Limited has 12 court cases on record: 5 filed by Incredible Technologies, 7 filed against it. 8 cases are pending and 4 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 7 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln IDA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Commercial suit | Filed by the company against an individual | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Garg Distributor Delhi Motors | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Incredible Technologies Private Limited
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 Incredible Technologies Private Limited
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 Incredible Technologies Private Limited
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.
MCA Filings & Documents of Incredible Technologies Private Limited
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.
Recent Activity on Incredible Technologies Private Limited
Recent News on Incredible Technologies Private Limited
Frequently Asked Questions about Incredible Technologies Private Limited
Incredible Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 14 February 2015 (11+ years old) and is registered under CIN U50404KA2015PTC148110.
Incredible Technologies reported revenue of ₹44.59 Cr for FY 2024 (up 25% YoY).
Incredible Technologies has 2 current directors:
- Nandigam Sasidhar - Director
- Subas Chandra Hota - Director
Incredible Technologies reported a net loss of ₹13.83 Cr (net margin -31%) and EBITDA of -₹17.51 Cr (EBITDA margin -39.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incredible Technologies is 66% over three years and 30% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Incredible Technologies is 29AADCI7452A1ZP, registered in Karnataka. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AADCI7452A1ZT (Maharashtra), 06AADCI7452A1ZX (Haryana).
The CIN (Corporate Identification Number) of Incredible Technologies is U50404KA2015PTC148110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incredible Technologies has 12 court cases on record: 5 filed by the company and 7 filed against it. 8 are pending. Most are in the district courts.
Incredible Technologies was incorporated on 14 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.