Startup India Government of India
Indicblue Private Limited
Indicblue Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.61 Cr
▲ 51% YoY
Net loss · FY 2025
₹1.15 Cr
Net margin -71.6%
EBITDA · FY 2025
-₹1.14 Cr
EBITDA margin -71.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.12 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Indicblue Private Limited
Data last updated:
Indicblue Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52322KA2021PTC147023. Its GSTIN is 29AAGCI1285G1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors including Chinku Simon and Somakumar Kolathur.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.61 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.15 Cr (net margin -71.6%) and EBITDA of -₹1.14 Cr (EBITDA margin -71.2%). Revenue has grown at a compounded annual rate (CAGR) of 305% over three years.
The company is associated with 1 brand: Monks of Method.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52322KA2021PTC147023
Registration Number 147023
Incorporation Date 29 April 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Chinku Simon Director Somakumar Kolathur Director Ankitsingh Madansingh Shekhawat Director Recognitions & Rankings of Indicblue
Contact details
Indicblue Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 839 First Floor 2nd Cross, 7th Main Hal 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Indicblue Private Limited, buy the company report.
Comprehensive company report
Indicblue 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
Indicblue operates one associated brand: Monks of Method. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online sales of made-to-measure men's apparel including jeans and shirts. | monksofmethod.com |
Business activity
The main business activity of Indicblue is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Indicblue Private Limited, buy the company report.
Financials of Indicblue Private Limited
FY 2025 filings availableIndicblue Private Limited reported revenue of ₹1.61 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹1.61 Cr ▲ 51%
Net loss · FY 2025
₹1.15 Cr margin -71.6%
EBITDA · FY 2025
-₹1.14 Cr margin -71.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 305%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▼ 91%
Revenue has grown at a compounded annual rate (CAGR) of 305% over three years, including 51% growth in the latest year. EBITDA rose 54% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹1.14 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.15 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -71.2% | |||
| Net Profit Margin | -71.6% | |||
| 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 Indicblue Private Limited, buy the company report.
Board of directors of Indicblue Private Limited
Indicblue has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinku Simon Also directs: Quantulum Ventures Private Limited | Director | 29 Apr 2021 | 5 Years 5 Months | Current |
| Somakumar Kolathur | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Ankitsingh Madansingh Shekhawat Also directs: Quantulum Ventures Private Limited | Director | 29 Apr 2021 | 5 Years 5 Months | Current |
Auditor
Indicblue Private Limited is audited by RAMASWAMY VIJAYANAND for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMASWAMY VIJAYANAND | FY 2023 | 202118 |
Shareholding
The shareholding of Indicblue Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indicblue Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indicblue 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 Indicblue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indicblue Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Indicblue has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI1285G1ZF | Karnataka | Active | 12 Aug 2021 |
To see the full GST registrations and return filing status of Indicblue Private Limited, buy the company report.
Recent activity
Indicblue Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Somakumar Kolathur was appointed as Director on 15 Jun 2022.
AGM
Indicblue Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indicblue Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Somakumar Kolathur was appointed as Director.
Appointed
Ankitsingh Madansingh Shekhawat was appointed as Director.
Appointed
Chinku Simon was appointed as Director.
Incorporation
29 Apr 2021
Indicblue Private Limited was registered on 29 Apr 2021 with Roc Bangalore & aged 5 years 5 months as per MCA records.
Frequently asked questions
Indicblue is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 April 2021 (5+ years old) and is registered under CIN U52322KA2021PTC147023.
Indicblue has 3 current directors:
- Chinku Simon - Director
- Somakumar Kolathur - Director
- Ankitsingh Madansingh Shekhawat - Director
The latest financial statements of Indicblue 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 2022 are in the company report.
The GSTIN of Indicblue is 29AAGCI1285G1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Indicblue is U52322KA2021PTC147023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indicblue was incorporated on 29 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Somakumar Kolathur was appointed as Director on 15 Jun 2022. Ankitsingh Madansingh Shekhawat was appointed as Director on 29 Apr 2021. Chinku Simon was appointed as Director on 29 Apr 2021.
Yes, Indicblue is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Indicblue is at No. 839 First Floor 2nd Cross, 7th Main Hal 2nd Stage, Bangalore, Karnataka, India – 560038.
Indicblue operates in the manufacturing industry, in the textile and fabric production segment.