- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0013619

About Incubate Soft Tech Private Limited
Data last updated:
Incubate Soft Tech Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2009PTC063608. Its GSTIN is 36AACCI0758C1ZW (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.49 Lakh. It is led by directors Kalyan Kumar Buruguru and Vidoot Ponnala Rathnakar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 313 Amrutha Ville Rajbhavan Road Somajiguda, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.9 Cr (net margin -37.5%) and EBITDA of ₹64.85 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Incubate Soft. As per MCA filings, the company has open charges of ₹22.31 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Lakh; the latest was in January 2023. Its 3 peer companies in the Outsourcing industry (Diversified BPO), with the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 1 larger and 2 smaller; the largest is S M Professional Services Private Limited with revenue of ₹7.75 Cr.
Incubate Soft Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0013619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incubatesoft.com.
Company details
CIN history
Incubate Soft Tech has one previous CIN (Corporate Identification Number): U72900AP2009PTC063608. The current CIN is U72900TG2009PTC063608, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2009PTC063608 | Current |
| U72900AP2009PTC063608 | Previous |
Recognitions & Rankings of Incubate Soft Tech
Contact details
Incubate Soft Tech Private Limited's registered office is in Hyderabad, Telangana. Its website is incubatesoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 313 Amrutha Ville Rajbhavan Road Somajiguda, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Incubate Soft Tech 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
Incubate Soft Tech operates one associated brand: Incubate Soft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides end-to-end operations management solutions for bus operators. | incubatesoft.com |
Business activity
The main business activity of Incubate Soft Tech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Incubate Soft Tech Private Limited, buy the company report.
Financials of Incubate Soft Tech Private Limited
FY 2024 filings availableIncubate Soft Tech Private Limited reported revenue of ₹7.73 Cr (up 177% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 177% growth in the latest year. EBITDA rose 6% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹64.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.9 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | -37.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Incubate Soft Tech Private Limited, buy the company report.
Board of directors of Incubate Soft Tech Private Limited
Incubate Soft Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyan Kumar Buruguru | Director | 08 May 2009 | 17 Years 6 Months | Current |
| Vidoot Ponnala Rathnakar Also directs: Nexulus Informatics Private Limited | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Incubate Soft Tech Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S M Professional Services Private Limited | ₹7.75 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Incubate Soft Tech Private Limitedthis company | ₹7.73 Cr (FY 2023) | -₹2.9 Cr | -37.5% | 177.0% | 40 | Hyderabad, Telangana, India |
| Bluestone Consulting Private Limited | ₹7.73 Cr (FY 2025) | 114.0% | New Delhi, Delhi, India | |||
| Revele India Private Limited | ₹7.66 Cr (FY 2025) | -71.0% | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Incubate Soft Tech Private Limited, buy the company report.
Auditor
Incubate Soft Tech Private Limited is audited by ARR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARR & CO | FY 2023 | 015245S |
Shareholding
The shareholding of Incubate Soft Tech Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Incubate Soft Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2023 | 100770351 | Others | ₹12.34 Lakh | Open | |
| 27 Jun 2023 | 100750984 | Others | ₹37.02 Lakh | Open | |
| 29 Jul 2022 | 100625760 | Others | ₹86 Lakh | Open | |
| 29 Jul 2022 | 100625755 | Others | ₹86 Lakh | Open | |
| 16 Jun 2022 | 100602872 | State Bank of India | ₹18.51 Cr | Open |
To see the full charge records of Incubate Soft Tech Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Incubate Soft Tech Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Lakh; the latest was in January 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹33.5 Lakh | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Incubate Professional Services Private Limited , Incubate Professional Services Private Limited & Murali Bhogadi |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Incubate Soft Tech Private Limited has 13 court cases on record: 2 filed by Incubate Soft Tech, 11 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Municipal Corporation Bhopal | Disposed |
To see the full case history of Incubate Soft Tech Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Incubate Soft Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incubate Soft Tech Private Limited has a workforce of 40 employees on its EPFO records as of Mar 2023, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 40 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Incubate Soft Tech Private Limited, buy the company report.
GST
Incubate Soft Tech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCI0758C1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Incubate Soft Tech Private Limited, buy the company report.
Recent activity
Incubate Soft Tech Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Rajeshwar Rao Gadi ceased to be Director on 10 Feb 2020.
4 earlier events are in the company report.
Frequently asked questions
Incubate Soft Tech is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 May 2009 (17+ years old) and is registered under CIN U72900TG2009PTC063608.
Incubate Soft Tech has 2 current directors:
- Kalyan Kumar Buruguru - Director
- Vidoot Ponnala Rathnakar - Director
The latest financial statements of Incubate Soft Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Incubate Soft Tech is 36AACCI0758C1ZW, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Incubate Soft Tech is U72900TG2009PTC063608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incubate Soft Tech has 13 court cases on record: 2 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
Incubate Soft Tech was incorporated on 08 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
Incubate Soft Tech has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Lakh; the latest was in January 2023.
The peers of Incubate Soft Tech by revenue are S M Professional Services Private Limited, Bluestone Consulting Private Limited, Revele India Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (other professional, scientific and technical activities).
Rajeshwar Rao Gadi ceased to be Director on 10 Feb 2020. Sriramya Venkateswaran ceased to be Director on 10 Feb 2020. Vidoot Ponnala Rathnakar was appointed as Director on 20 Nov 2019. Incubate Soft Tech has 5 board changes on record in total.
Yes, Incubate Soft Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0013619).

