Incrementx Private Limited
About Incrementx Private Limited
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Incrementx Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vertoz Advertising Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC389445. Its GSTIN is 27AAGCI8251C1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rasiklal Hathichand Shah and Hirenkumar Rasiklal Shah.
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 602 Avior Nirmal Galaxy Lbs Road Opp. Johnson & Johnson Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 8.8%) and EBITDA of ₹1.75 Cr (EBITDA margin 11%).
The company has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in June 2025.
Company details
Contact details
Incrementx Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address602 Avior Nirmal Galaxy Lbs Road Opp. Johnson & Johnson Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Incrementx Private Limited, buy the company report.
- 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 Incrementx is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Incrementx Private Limited, buy the company report.
Financials of Incrementx Private Limited
FY 2025 filings availableIncrementx Private Limited reported revenue of ₹15.88 Cr (up 788% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 788% 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 |
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| EBITDA | ₹1.75 Cr | ||
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| Net Profit (PAT) | ₹1.4 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | 11% | ||
| Net Profit Margin | 8.8% | ||
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To see the full financial statements and ratios of Incrementx Private Limited, buy the company report.
Board of directors of Incrementx Private Limited
Incrementx has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasiklal Hathichand Shah Also directs: Trunkoz Technologies Private Limited, Hashjini Private Limited, Own Web Solution Private Limited and 1 more | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
| Hirenkumar Rasiklal Shah Also directs: Trunkoz Technologies Private Limited, Hashjini Private Limited, Own Web Solution Private Limited and 5 more | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
Auditor
Incrementx Private Limited is audited by ADV & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADV & Associates | FY 2023 | 128045W |
Shareholding
The shareholding of Incrementx Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Incrementx Private Limited, buy the company report.
Deals & funding
Incrementx Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in June 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round | ₹20 Cr | Investors: Blue Ashva Capital, Telos Investments & Technologies Private Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Incrementx 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 Incrementx Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incrementx Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Incrementx has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI8251C1ZN | Maharashtra | Active | 13 Dec 2022 |
To see the full GST registrations and return filing status of Incrementx Private Limited, buy the company report.
Recent activity
Incrementx Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hirenkumar Rasiklal Shah was appointed as Director on 29 Aug 2022.
Frequently asked questions
Incrementx is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 August 2022 (4+ years old) and is registered under CIN U72900MH2022PTC389445.
Incrementx has 2 current directors:
- Rasiklal Hathichand Shah - Director
- Hirenkumar Rasiklal Shah - Director
The latest financial statements of Incrementx 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 2023 are in the company report.
The GSTIN of Incrementx is 27AAGCI8251C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Incrementx is U72900MH2022PTC389445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incrementx was incorporated on 29 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Incrementx has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in June 2025.
Hirenkumar Rasiklal Shah was appointed as Director on 29 Aug 2022. Rasiklal Hathichand Shah was appointed as Director on 29 Aug 2022.
The registered office of Incrementx is at 602 Avior Nirmal Galaxy Lbs Road Opp. Johnson & Johnson Mulund West, Mumbai, Maharashtra, India – 400080.
Incrementx operates in the information technology industry, in the IT consulting and support services segment.