About Incture Technologies Private Limited
Data last updated:
Incture Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC037156. Its GSTIN is 29AABCI4613F1ZS (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.78 Lakh. It is led by directors including Himanshu Verma and Rajneesh Sharma.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 27/ B Konappana Agrahara Begur Hobli Electronic City, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹211.16 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.3 Cr (net margin 4.4%) and EBITDA of ₹18.56 Cr (EBITDA margin 8.8%).
The company has about 710 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Cherrywork and Incture. As per MCA filings, the company has open charges of ₹69.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹61.5 Lakh; the latest was in December 2023. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Cochlear Medical Device Company India Private Limited with revenue of ₹217.01 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 181 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incture.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 27/ B Konappana Agrahara Begur Hobli Electronic City, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Incture Technologies Private Limited
The main business activity of Incture Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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.
Financials of Incture Technologies Private Limited FY 2025 filings available
Incture Technologies Private Limited reported revenue of ₹211.16 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Incture Technologies Private Limited
Revenue rose 6% in the latest year. EBITDA rose 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Incture Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹18.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.3 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Incture Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| 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 Incture 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.
Peer Comparison of Incture Technologies Private Limited
Incture Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cochlear Medical Device Company India Private Limited | ₹217.01 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Everdeliver Logistics Private Limited | ₹215.42 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Kolkata, West Bengal, India |
| Qualigens Pharma Private Limited | ₹214.78 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Khalapur, Maharashtra, India |
| Saviynt India Private Limited | ₹212.65 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bangalore South, Karnataka, India |
| Reserve Bank Information Technology Private Limited | ₹212.59 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Navi Mumbai, Maharashtra, India |
| Incture Technologies Private Limited this company | ₹211.16 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Crif Solutions Private Limited | ₹210.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Haveli, Maharashtra, India |
| Le Ecosystem Technology India Private Limited | ₹210.3 Cr (FY 2017) | •••• | •••• | 977.0% | •••• | Bangalore, Karnataka, India |
| Ikan Uplevel Technologies Private Limited | ₹209.36 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Mumbai, Maharashtra, India |
| Irclass Systems and Solutions Private Limited | ₹209.19 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Renergy Dynamics Private Limited | ₹208.2 Cr (FY 2025) | •••• | •••• | 658.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Incture Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Incture Technologies Private Limited
Incture Technologies Private Limited is audited by Parekh Sharma & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parekh Sharma & 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 Incture Technologies Private Limited
Incture Technologies has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Verma | Director | 04 Mar 2019 | 7 Years 7 Months | Current |
| Rajneesh Sharma Also directs: Homechampz Technologies (OPC) Private Limited | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
| Sachin Verma Also directs: Cherrywork Smart App Private Limited | Director | 08 Sep 2005 | 21 Years 1 Months | Current |
| Riteshmenon | Director | 24 Mar 2014 | 12 Years 6 Months | Current |
| Honey Gyanani Also directs: Cherrywork Smart App Private Limited | Director | 16 Feb 2015 | 11 Years 7 Months | Current |
| Divya Vir Rastogi Also directs: Vianta India Private Limited | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Incture 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 Incture Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2026 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.75 Cr | Open |
| 13 Feb 2024 | Yes Bank Limited | ₹20 Cr | Open |
| 13 Feb 2024 | Yes Bank Limited | ₹10 Cr | Open |
| 22 Jun 2015 | Axis Bank Limited | ₹36 Cr | Open |
Total charge records: 4 View all charges
Deals & Funding of Incture Technologies Private Limited
Incture Technologies Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹61.5 Lakh; the latest was in December 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Funding round | ₹17.9 Lakh | Investors: an individual |
| Dec 2022 | Funding round | ₹43.6 Lakh | Investors: 3 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Incture Technologies Private Limited
Incture Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by an individual | Disposed |
Full case history
All 1 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.
MSME Payment Delays by Incture Technologies Private Limited
Incture Technologies Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 181 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Viscap Consultancy Services Private Limited | •••• | •••• | •••• |
| Objectwin Technology India Private Limited | •••• | •••• | •••• |
| Jenu Digitech Labs Private Limited | •••• | •••• | •••• |
| Alp Consulting Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Incture Technologies Private Limited
Incture Technologies operates two associated brands: Cherrywork and Incture. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers web and mobile-based HRMS solutions for efficient workforce management. | cherrywork.net | |
| Offers digital transformation, AI solutions, and SAP services to global enterprises. | incture.com |
Employees and EPFO Compliance at Incture Technologies Private Limited
Incture Technologies Private Limited has a workforce of 710 employees as of Apr 07, 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.
News related to Incture Technologies Private Limited
Recent Activity on Incture Technologies Private Limited
Incture Technologies Private Limited has 13 board changes on record since 2005: 6 appointments and 7 cessations. The latest: Divya Vir Rastogi was appointed as Director on 01 Oct 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Incture 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.
Subsidiaries & Group Companies of Incture 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.
GST Compliance of Incture Technologies Private Limited
Incture Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI4613F1ZS | Karnataka | Active | 01 Jul 2017 |
| 21AABCI4613F1Z8 | Odisha | Active | 17 Aug 2021 |
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.
MCA Filings & Documents of Incture 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.
Frequently Asked Questions about Incture Technologies Private Limited
Incture Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 September 2005 (21+ years old) and is registered under CIN U72200KA2005PTC037156.
Incture Technologies reported revenue of ₹211.16 Cr for FY 2025 (up 6% YoY).
Incture Technologies has 6 current directors:
- Himanshu Verma - Director
- Rajneesh Sharma - Director
- Sachin Verma - Director
- Riteshmenon - Director
- Honey Gyanani - Director
- Divya Vir Rastogi - Director
Incture Technologies reported a net profit of ₹9.3 Cr (net margin 4.4%) and EBITDA of ₹18.56 Cr (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Incture Technologies is 29AABCI4613F1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AABCI4613F1Z8 (Odisha).
The CIN (Corporate Identification Number) of Incture Technologies is U72200KA2005PTC037156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incture Technologies has 1 court case on record: 1 filed against it.
Incture Technologies was incorporated on 08 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Incture Technologies has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹61.5 Lakh; the latest was in December 2023.
The peers of Incture Technologies by revenue are Cochlear Medical Device Company India Private Limited, Everdeliver Logistics Private Limited, Qualigens Pharma Private Limited, Saviynt India Private Limited, Reserve Bank Information Technology Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Divya Vir Rastogi was appointed as Director on 01 Oct 2025. Rajneesh Sharma ceased to be Additional Director on 29 Sep 2023. Rajneesh Sharma was appointed as Director on 07 Dec 2022. Incture Technologies has 13 board changes on record in total.
Incture Technologies has 10 MSME Form 1 returns on record between 2019 and 2024, listing 181 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2024.