About Incresco Technology Solutions Private Limited
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Incresco Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC131134. Its GSTIN is 29AAFCI5251B1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parthiban Sudhaman and Santhosh Kumar.
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No B 210 Skv Hanging Gardens Apartments Pragathi Nagar Basavapura, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.27 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 0.4%) and EBITDA of ₹15.41 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years.
The company is associated with 1 brand: Incresco Technology. As per MCA filings, the company has open charges of ₹80 Lakh on record.
For more details, the company can be reached via its website increscotech.com.
Company details
Contact details
Incresco Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is increscotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No B 210 Skv Hanging Gardens Apartments Pragathi Nagar Basavapura, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Incresco Technology Solutions 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
Brands
Incresco Technology Solutions operates one associated brand: Incresco Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI agents, mobile apps, SaaS platforms, and cloud solutions for enterprises. | increscotech.com |
Business activity
The main business activity of Incresco Technology Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Incresco Technology Solutions Private Limited, buy the company report.
Financials of Incresco Technology Solutions Private Limited
FY 2024 filings availableIncresco Technology Solutions Private Limited reported revenue of ₹4.27 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 161%. EBITDA fell 62% 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 | FY 2019-20 |
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| EBITDA | ₹15.41 Lakh | ||||
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| Net Profit (PAT) | ₹1.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Incresco Technology Solutions Private Limited, buy the company report.
Board of directors of Incresco Technology Solutions Private Limited
Incresco Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthiban Sudhaman Also directs: Incresco Storefront Private Limited | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Santhosh Kumar Also directs: Incresco Storefront Private Limited | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
Peer comparison
Incresco Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Go Pay Digital World Private Limited | ₹4.28 Cr (FY 2024) | 27.0% | Gurgaon, Haryana, India | |||
| Digitalist Techmedia Private Limited | ₹4.28 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Ahom Technologies Private Limited | ₹4.28 Cr (FY 2025) | 13.0% | Lucknow, Uttar Pradesh, India | |||
| East Village Technologies Private Limited | ₹4.28 Cr (FY 2024) | -37.0% | Chennai, Tamil Nadu, India | |||
| Lumata Digital India Private Limited | ₹4.27 Cr (FY 2025) | 141.0% | Haryana, India | |||
| Incresco Technology Solutions Private Limitedthis company | ₹4.27 Cr (FY 2024) | ₹1.9 Lakh | 0.4% | -34.0% | Bangalore, Karnataka, India | |
| Nextgen Infratel Private Limited | ₹4.26 Cr (FY 2021) | 19.0% | Noida, Uttar Pradesh, India | |||
| Cema Automations India Private Limited | ₹4.26 Cr (FY 2025) | 21.0% | Chennai, Tamil Nadu, India | |||
| Vainavi Industries Limited | ₹4.25 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Chessbase India 64 Squares Private Limited | ₹4.25 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Aadhan Media Private Limited | ₹4.25 Cr (FY 2025) | -33.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Incresco Technology Solutions Private Limited, buy the company report.
Auditor
Incresco Technology Solutions Private Limited is audited by RAHUL KUMAR AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL KUMAR AGARWAL & ASSOCIATES | FY 2023 | 330189E |
Shareholding
The shareholding of Incresco Technology Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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| Public | ||||
| Others |
To see the full shareholding pattern of Incresco Technology Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2024 | 100943114 | Others | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Incresco Technology 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 Incresco Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Incresco Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI5251B1ZS | Karnataka | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Incresco Technology Solutions Private Limited, buy the company report.
Recent activity
Incresco Technology Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Parthiban Sudhaman was appointed as Director on 30 Dec 2019.
Frequently asked questions
Incresco Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC131134.
Incresco Technology Solutions has 2 current directors:
- Parthiban Sudhaman - Director
- Santhosh Kumar - Director
The latest financial statements of Incresco Technology Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Incresco Technology Solutions is 29AAFCI5251B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Incresco Technology Solutions is U72900KA2019PTC131134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incresco Technology Solutions was incorporated on 30 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Incresco Technology Solutions by revenue are Go Pay Digital World Private Limited, Digitalist Techmedia Private Limited, Ahom Technologies Private Limited, East Village Technologies Private Limited, Lumata Digital India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Parthiban Sudhaman was appointed as Director on 30 Dec 2019. Santhosh Kumar was appointed as Director on 30 Dec 2019.
Incresco Technology Solutions can be reached through the website increscotech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Incresco Technology Solutions is at Flat No B 210 Skv Hanging Gardens Apartments Pragathi Nagar Basavapura, Bangalore, Karnataka, India – 560100.
Incresco Technology Solutions operates in the information technology industry, in the application development and software solutions segment.