Incubate Soft Tech Private Limited

Incubate Soft Tech Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TG2009PTC063608 Incorporated 08 May 2009 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology MSME · Micro
Revenue · FY 2023
₹7.73 Cr
▲ 177% YoY
Net loss · FY 2023
₹2.9 Cr
Net margin -37.5%
EBITDA · FY 2023
₹64.85 Lakh
EBITDA margin 8.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.49 Lakh
Issued & subscribed
Open charges
₹22.31 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
40
Provident fund records

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 U72900TG2009PTC063608
Registration Number 063608
Incorporation Date 08 May 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0013619

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.

CINStatus
U72900TG2009PTC063608Current
U72900AP2009PTC063608Previous

Recognitions & Rankings of Incubate Soft Tech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0013619

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
  • Social Media
  • Registered Address
    Plot No 313 Amrutha Ville Rajbhavan Road Somajiguda, Hyderabad, Telangana, India – 500082
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Incubate Soft Tech Private Limited, buy the company report.

Comprehensive company report
Incubate Soft Tech Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Incubate Soft Tech operates one associated brand: Incubate Soft. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other 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 available

Incubate Soft Tech Private Limited reported revenue of ₹7.73 Cr (up 177% YoY) for FY 2023.

Revenue · FY 2023
₹7.73 Cr ▲ 177%
Net loss · FY 2023
₹2.9 Cr margin -37.5%
EBITDA · FY 2023
₹64.85 Lakh margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 34%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 6%
5 years · compounded
▲ 7%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8.4%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Kalyan Kumar BuruguruDirector08 May 200917 Years 6 MonthsCurrent
Vidoot Ponnala RathnakarDirector20 Nov 20196 Years 11 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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%40Hyderabad, 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 firmFinancial yearFirm registration number
ARR & COFY 2023015245S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹22.31 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹18.51 Cr
Others₹2.21 Cr
The South Indian Bank Limited₹0.87 Cr
Axis Bank Limited₹0.71 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jul 2023100770351Others₹12.34 LakhOpen
27 Jun 2023100750984Others₹37.02 LakhOpen
29 Jul 2022100625760Others₹86 LakhOpen
29 Jul 2022100625755Others₹86 LakhOpen
16 Jun 2022100602872State Bank of India₹18.51 CrOpen

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.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹33.5 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Jan 2023Funding round₹33.5 LakhInvestors: 2 individuals
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals
Mar 2013Secondary share transferUndisclosedBuyer: 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.

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.

Employee count
40
Active EPFO establishments
2
Employee growth
150%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2022-2340
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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AACCI0758C1ZWTelanganaActive01 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.

AGM
Incubate Soft Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Incubate Soft Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with State Bank Of India of Rs. 1,851.00 Lakh registered on 16 Jun 2022 with Charge ID 100602872 was modified on 17 Oct 2023.
Charges
A charge with Others amounted to Rs. 12.34 Lakh with Charge ID 100770351 was registered on 13 Jul 2023.
Charges
A charge with Others amounted to Rs. 37.02 Lakh with Charge ID 100750984 was registered on 27 Jun 2023.
Charges
A charge with Others amounted to Rs. 86.00 Lakh with Charge ID 100625760 was registered on 29 Jul 2022.
Charges
A charge with Others amounted to Rs. 86.00 Lakh with Charge ID 100625755 was registered on 29 Jul 2022.
Charges
A charge with State Bank Of India amounted to Rs. 1,851.00 Lakh with Charge ID 100602872 was registered on 16 Jun 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 87.00 Lakh with Charge ID 100494611 was registered on 16 Sep 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 71.49 Lakh with Charge ID 100403791 was registered on 17 Feb 2020.
Ceased
Rajeshwar Rao Gadi ceased to be Director.
Ceased
Sriramya Venkateswaran ceased to be Director.

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:

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).