MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MP-10-0033119
Incubation Masters Im Private Limited - information technology in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.17 Cr
▲ 179% YoY
Net profit · FY 2024
₹72.03 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹1.04 Cr
EBITDA margin 6.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹73 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
28
Provident fund records
About Incubation Masters Im Private Limited
Data last updated:
Incubation Masters Im Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2019PTC048834. Its GSTIN is 23AAFCI3022C1ZD (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravikant Prem Narayan Tiwari and Chandrakant Tiwari.
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 Bhopal, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹72.03 Lakh (net margin 4.5%) and EBITDA of ₹1.04 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Incubation Masters. As per MCA filings, the company has open charges of ₹73 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Incubation Masters Im Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-10-0033119). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incubationmasters.com.
Company details
CIN U72900MP2019PTC048834
Registration Number 048834
Incorporation Date 10 June 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MP-10-0033119
Recognitions & Rankings of Incubation Masters Im
Contact details
Incubation Masters Im Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is incubationmasters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. Ei – 007, 08th Floor Bansal One, Bhopal, Madhya Pradesh, India – 462016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Incubation Masters Im Private Limited, buy the company report.
Comprehensive company report
Incubation Masters Im 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Incubation Masters Im operates one associated brand: Incubation Masters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of startup consulting, business consulting, and AI-based incubation services. | incubationmasters.com |
Business activity
The main business activity of Incubation Masters Im is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Incubation Masters Im Private Limited, buy the company report.
Financials of Incubation Masters Im Private Limited
FY 2025 filings availableIncubation Masters Im Private Limited reported revenue of ₹16.17 Cr (up 179% YoY) for FY 2024.
Revenue · FY 2024
₹16.17 Cr ▲ 179%
Net profit · FY 2024
₹72.03 Lakh margin 4.5%
EBITDA · FY 2024
₹1.04 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 179%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▲ 331%
3 years · compounded
▲ 140%
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 179% growth in the latest year. EBITDA rose 331% 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 | ₹1.04 Cr | ||||
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| Net Profit (PAT) | ₹72.03 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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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Incubation Masters Im Private Limited, buy the company report.
Board of directors of Incubation Masters Im Private Limited
Incubation Masters Im has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikant Prem Narayan Tiwari | Director | 18 Nov 2021 | 4 Years 11 Months | Current |
| Chandrakant Tiwari | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Incubation Masters Im Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cognitree Technologies Private Limited | ₹16.2 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Vir Softech Private Limited | ₹16.19 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Postiefs Technologies Private Limited | ₹16.19 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| Antstack Technologies Private Limited | ₹16.18 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Infostride Technologies Private Limited | ₹16.17 Cr (FY 2025) | 25.0% | Mohali, Punjab, India | |||
| Incubation Masters Im Private Limitedthis company | ₹16.17 Cr (FY 2024) | ₹72.03 Lakh | 4.5% | 179.0% | 28 | Bhopal, Madhya Pradesh, India |
| Egen Data Private Limited | ₹16.16 Cr (FY 2024) | 52.0% | Hyderabad, Telangana, India | |||
| A&H Infotech India Private Limited | ₹16.16 Cr (FY 2025) | 0.0% | Delhi, India | |||
| Ag&E Structural India Private Limited | ₹16.15 Cr (FY 2024) | 63.0% | Hyderabad, Telangana, India | |||
| Pinaca Technologies Private Limited | ₹16.15 Cr (FY 2024) | 163.0% | Gudur, Andhra Pradesh, India | |||
| Mprofit Software Private Limited | ₹16.14 Cr (FY 2025) | 168.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Incubation Masters Im Private Limited, buy the company report.
Auditor
Incubation Masters Im Private Limited is audited by RISHABH K JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHABH K JAIN & ASSOCIATES | FY 2021 | 015093C |
Shareholding
The shareholding of Incubation Masters Im Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Incubation Masters Im Private Limited, buy the company report.
Charges & borrowings
Open charges
₹73 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2023 | 100740531 | Others | ₹73 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Incubation Masters Im Private Limited has 1 court case on record: 1 filed by Incubation Masters Im. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Sagar Smart City Limited | Pending |
To see the full case history of Incubation Masters Im 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 Incubation Masters Im Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incubation Masters Im Private Limited has a workforce of 28 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
16.67%
GST
Incubation Masters Im has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI3022C1ZD | Madhya Pradesh | Active | 03 Sep 2019 |
To see the full GST registrations and return filing status of Incubation Masters Im Private Limited, buy the company report.
Recent activity
Incubation Masters Im Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Anita Sharma ceased to be Director on 03 Nov 2023.
AGM
Incubation Masters Im Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Incubation Masters Im Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Anita Sharma ceased to be Director.
Ceased
Neha Tiwari ceased to be Director.
Appointed
Chandrakant Tiwari was appointed as Director.
Charges
A charge with Others amounted to Rs. 73.00 Lakh with Charge ID 100740531 was registered on 04 Jun 2023.
Appointed
Ravikant Prem Narayan Tiwari was appointed as Director.
Incorporation
10 Jun 2019
Incubation Masters Im Private Limited was registered on 10 Jun 2019 with Roc Gwalior & aged 7 years 4 months as per MCA records.
Frequently asked questions
Incubation Masters Im is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U72900MP2019PTC048834.
Incubation Masters Im has 2 current directors:
- Ravikant Prem Narayan Tiwari - Director
- Chandrakant Tiwari - Director
The latest financial statements of Incubation Masters Im 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 2020 are in the company report.
The GSTIN of Incubation Masters Im is 23AAFCI3022C1ZD, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Incubation Masters Im is U72900MP2019PTC048834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incubation Masters Im has 1 court case on record: 1 filed by the company. 1 is pending.
Incubation Masters Im was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Incubation Masters Im by revenue are Cognitree Technologies Private Limited, Vir Softech Private Limited, Postiefs Technologies Private Limited, Antstack Technologies Private Limited, Infostride Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Anita Sharma ceased to be Director on 03 Nov 2023. Neha Tiwari ceased to be Director on 03 Nov 2023. Chandrakant Tiwari was appointed as Director on 01 Nov 2023. Incubation Masters Im has 4 board changes on record in total.
Yes, Incubation Masters Im is registered as an MSME under Udyam registration (number: UDYAM-MP-10-0033119).
Incubation Masters Im can be reached through the website incubationmasters.com. Its registered office is in Bhopal, Madhya Pradesh, India.