About Indkal Technologies Private Limited
Data last updated:
Indkal Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32100KA2018PTC116590. Its GSTIN is 29AAHCG4649R1ZN (Karnataka). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹1.3 Lakh. It was formerly known as Goldrish Glitterance Private Limited. It is led by directors including Samar Vinay Kumar Singh (Whole-Time Director) and Rishikesh Pratap Jadhav (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 102 Hinduja Lake Front Estate Opp – Hulimavu Police Station Hulimavu, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹621.01 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹14 Cr (net margin 2.3%) and EBITDA of ₹41.6 Cr (EBITDA margin 6.7%).
The company has about 187 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indkal. As per MCA filings, the company has open charges of ₹250 Cr and satisfied charges of ₹157.5 Cr on record. Court records list 26 cases involving the company, including 17 filed by the company and 8 filed against it; 15 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹282.53 Cr; the latest was in September 2025. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Jindal Green Crop International Private Limited. The company has 12 MSME Form 1 returns on record between 2021 and 2024, listing 809 overdue payments to 48 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 acertvindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 102 Hinduja Lake Front Estate Opp – Hulimavu Police Station Hulimavu, Bangalore, Karnataka, India – 560076
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Indkal Technologies Private Limited
The main business activity of Indkal Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Indkal Technologies Private Limited FY 2024 filings available
Indkal Technologies Private Limited reported revenue of ₹621.01 Cr (up 138% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Indkal Technologies Private Limited
Revenue rose 138% in the latest year. EBITDA rose 141% 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 of Indkal Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹621.01 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹41.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Indkal Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Indkal Technologies are in the company report.
Financial statements from FY 2019
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 Indkal Technologies Private Limited
Indkal Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Green Crop International Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bonlon Industries Limited Listed | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vineet Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| New Life Medicals Private Limited | •••• | •••• | •••• | •••• | 28 | Ahmedabad, Gujarat, India |
| V.M.Salgaocar and Brother Private Limited | •••• | •••• | •••• | •••• | - | Goa, India |
| Indkal Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Basil Commodities Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Umiro Resources Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bayer Zydus Pharma Private Limited | •••• | •••• | •••• | •••• | 688 | Thane, Maharashtra, India |
| Krishika Tradewell Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Bunty Overseas Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Indkal Technologies by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Indkal Technologies Private Limited
Indkal Technologies Private Limited is audited by K C N R & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K C N R & CO | 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 Indkal Technologies Private Limited
Indkal Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Dubey Also directs: Shwand Consulting Private Limited, Indkal Services Private Limited | Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Samar Vinay Kumar Singh Also directs: Shwand Consulting Private Limited, Indkal Services Private Limited, Futuretech Project Consultants LLP and 4 more | Whole-Time Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Rishikesh Pratap Jadhav Also directs: Shwand Consulting Private Limited, Indkal Services Private Limited, Futuretech Project Consultants LLP and 5 more | Whole-Time Director | 18 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Indkal 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 Indkal Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2026 | Others | ₹30 Cr | Open |
| 13 Aug 2025 | Hdfc Bank Limited | ₹30 Cr | Open |
| 19 Sep 2024 | Axis Bank Limited | ₹75 Cr | Open |
| 10 Sep 2024 | Others | ₹40 Cr | Open |
| 27 Aug 2024 | Others | ₹50 Cr | Open |
Total charge records: 11 View all charges
Deals & Funding of Indkal Technologies Private Limited
Indkal Technologies Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹282.53 Cr; the latest was in September 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Series B | ₹176.3 Cr | |
| Jun 2025 | Funding round | ₹54.82 Cr | Investors: Century India Opportunity Fund Pc, Indo Global Agencies, 2 individuals |
| Jun 2024 | Funding round | ₹49.96 Cr | Investors: Aries Opportunities Fund Limited |
| Jan 2023 | Funding round · Seed | ₹95.4 Lakh | Investors: Sama Family Office, LogX Ventures, 2 individuals |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: PG Electroplast Limited , an individual |
Full deal history
All 7 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 Indkal Technologies Private Limited
Indkal Technologies Private Limited has 26 court cases on record: 17 filed by Indkal Technologies, 8 filed against it, 1 where it is another party. 15 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 5 | 13 |
| High courts | 6 | 3 | 2 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Allcargo Logistics Limited | Pending |
| District court, South Goa, Goa | Original application | Filed against the company by Ifb Industries Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed by the company against Techniland Info Systems Private Limited | Pending |
| High Court of Karnataka | Court case (RP) | Filed against the company by Bhagwati Products Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Bhagwati Products Limited | Disposed |
Full case history
All 26 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 Indkal Technologies Private Limited
Indkal Technologies Private Limited has 12 MSME Form 1 returns on record between 2021 and 2024, listing 809 overdue payments to 48 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 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Speed Solutions | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 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 Indkal Technologies Private Limited
Indkal Technologies operates one associated brand: Indkal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Task management and project collaboration software is provided for teams. | indkal.com |
Employees and EPFO Compliance at Indkal Technologies Private Limited
Indkal Technologies Private Limited has a workforce of 187 employees as of Sep 23, 2025.
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.
CIN History of Indkal Technologies Private Limited
Indkal Technologies has one previous CIN (Corporate Identification Number): U74999KA2018PTC116590. The current CIN is U32100KA2018PTC116590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32100KA2018PTC116590 | Current |
| U74999KA2018PTC116590 | Previous |
News related to Indkal Technologies Private Limited
Recent Activity on Indkal Technologies Private Limited
Indkal Technologies Private Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Rishikesh Pratap Jadhav was appointed as Whole-Time Director on 18 Nov 2022.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indkal 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 Indkal 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 Indkal Technologies Private Limited
Indkal Technologies has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG4649R1ZN | Karnataka | Active | 28 Nov 2018 |
| 29AAHCG4649R2ZM | Karnataka | Active | 10 Jul 2025 |
| 06AAHCG4649R1ZV | Haryana | Active | 28 Dec 2021 |
| 33AAHCG4649R1ZY | Tamil Nadu | Active | 05 Jan 2022 |
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 Indkal 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 Indkal Technologies Private Limited
Indkal Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U32100KA2018PTC116590.
Indkal Technologies reported revenue of ₹621.01 Cr for FY 2024 (up 138% YoY).
Indkal Technologies has 3 current directors:
- Samar Vinay Kumar Singh - Whole-Time Director
- Rishikesh Pratap Jadhav - Whole-Time Director
- Anand Dubey - Director
Indkal Technologies reported a net profit of ₹14 Cr (net margin 2.3%) and EBITDA of ₹41.6 Cr (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Indkal Technologies is 29AAHCG4649R1ZN, registered in Karnataka. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 29AAHCG4649R2ZM (Karnataka), 06AAHCG4649R1ZV (Haryana), 33AAHCG4649R1ZY (Tamil Nadu).
The CIN (Corporate Identification Number) of Indkal Technologies is U32100KA2018PTC116590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indkal Technologies has 26 court cases on record: 17 filed by the company and 8 filed against it. 15 are pending. Most are in the district courts.
Indkal Technologies was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Indkal Technologies has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹282.53 Cr; the latest was in September 2025.
The peers of Indkal Technologies by revenue are Jindal Green Crop International Private Limited, Bonlon Industries Limited, Vineet Pvt Ltd, New Life Medicals Private Limited, V.M.Salgaocar and Brother Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Rishikesh Pratap Jadhav was appointed as Whole-Time Director on 18 Nov 2022. Pramod Chimmanlal Gupta ceased to be Nominee Director on 22 Oct 2022. Rishikesh Pratap Jadhav ceased to be Director on 30 Apr 2022. Indkal Technologies has 10 board changes on record in total.
Indkal Technologies has 12 MSME Form 1 returns on record between 2021 and 2024, listing 809 overdue payments to 48 micro and small suppliers. The latest return was filed on 30 Apr 2024.