About Indus Appstore Private Limited
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Indus Appstore Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Oslabs Pte. Ltd. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74120TN2015PTC179835. Its GSTIN is 27AACCO2134Q1Z6 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹125.55 Cr and a paid-up capital of ₹125.51 Cr. It is led by directors including Priya Meenakshi Narasimhan (Whole-Time Director) and Akash Motilal Dongre (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹157.56 Cr and EBITDA of -₹81.08 Cr. Revenue has declined at a compounded annual rate (CAGR) of 57% over three years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indus OS. As per MCA filings, the company has satisfied charges of ₹5.5 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 5 cases are pending. The company has 4 deals on record (3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹126.58 Cr; the latest was in February 2020. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Altiusnxt Technologies Private Limited with revenue of ₹6 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 33 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 indusos.com.
Company details
CIN history
Indus Appstore has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74120TN2015PTC179835, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120TN2015PTC179835 | Current |
| U74120KA2015PTC174871 | Previous |
| U74120MH2015PTC269422 | Previous |
Contact details
Indus Appstore Private Limited's registered office is in Chennai, Tamil Nadu. Its website is indusos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#51/117 Nelson Towers 2nd Floor, 3rd Wing Nelson Manickam Road, Chennai, Tamil Nadu, India – 600030
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Indus Appstore 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
Indus Appstore operates one associated brand: Indus OS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Android-based mobile OS with regional language support is offered. | indusos.com |
Business activity
The main business activity of Indus Appstore is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Indus Appstore Private Limited, buy the company report.
Financials of Indus Appstore Private Limited
FY 2025 filings availableIndus Appstore Private Limited reported revenue of ₹5.98 Cr (up 1199% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over three years. EBITDA rose 19% 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 | FY 2020-21 |
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| EBITDA | -₹81.08 Cr | ||||
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| Net Profit (PAT) | -₹157.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Indus Appstore Private Limited, buy the company report.
Board of directors of Indus Appstore Private Limited
Indus Appstore has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Meenakshi Narasimhan | Whole-Time Director | 15 Nov 2023 | 2 Years 11 Months | Current |
| Akash Motilal Dongre | Whole-Time Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Tessa Joseph Kallarackal Also directs: Pincode Shopping Solutions Private Limited | Director | 15 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Indus Appstore Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altiusnxt Technologies Private Limited | ₹6 Cr (FY 2025) | -25.0% | Coimbatore, Tamil Nadu, India | |||
| Orchestrate Mortgage and Title Services Private Limited | ₹6 Cr (FY 2024) | 365.0% | Bangalore, Karnataka, India | |||
| Esynergy Technologies Private Limited | ₹5.99 Cr (FY 2025) | 3.0% | Kozhikode, Kerala, India | |||
| Vcomply Technologies India Private Limited | ₹5.98 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Markace Marketing Private Limited | ₹5.98 Cr (FY 2025) | -42.0% | Chandigarh, India | |||
| Indus Appstore Private Limitedthis company | ₹5.98 Cr (FY 2025) | -₹157.56 Cr | 1199.0% | 96 | Chennai, Tamil Nadu, India | |
| Sfa Technologies Private Limited | ₹5.97 Cr (FY 2024) | 140.0% | Bhopal, Madhya Pradesh, India | |||
| Tharakan Web Innovations Private Limited | ₹5.95 Cr (FY 2025) | -7.0% | Kochi, Kerala, India | |||
| Kloudpad Mobility Research Private Limited | ₹5.95 Cr (FY 2023) | 61.0% | Kochi, Kerala, India | |||
| Pragma Apps and Technologies Private Limited | ₹5.94 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| 1Center Solutions Private Limited | ₹5.94 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Indus Appstore Private Limited, buy the company report.
Auditor
Indus Appstore Private Limited is audited by S R Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Indus Appstore 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 Indus Appstore Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2020 | 100331514 | Others | ₹5 Cr | Satisfied | |
| 18 Aug 2017 | 100116914 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Indus Appstore Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Indus Appstore Private Limited has 4 deals on record (3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹126.58 Cr; the latest was in February 2020.
Deals on record (1 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Debt financing | ₹5 Cr | Investors: Blacksoil Group |
To see the full deal history of Indus Appstore Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indus Appstore Private Limited has 11 court cases on record: 5 filed by Indus Appstore, 6 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 4 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against Mahindra and Mahindra Financial Services Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Mahindra and Mahindra Financial Services Limited | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed against the company by Maben Nidhi Limited Represented by Athira K R | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Mahindra and Mahindra Financial Services Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
To see the full case history of Indus Appstore 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
Indus Appstore Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 33 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 33)
To see the full MSME payment records of Indus Appstore Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indus Appstore Private Limited has a workforce of 96 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Indus Appstore has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO2134Q1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 09AACCO2134Q1Z4 | Uttar Pradesh | Active | 09 Aug 2020 |
| 29AACCO2134Q1Z2 | Karnataka | Active | 01 Feb 2023 |
To see the full GST registrations and return filing status of Indus Appstore Private Limited, buy the company report.
Recent activity
Indus Appstore Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Tessa Joseph Kallarackal was appointed as Director on 15 May 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Indus Appstore is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 October 2015 (11+ years old) and is registered under CIN U74120TN2015PTC179835.
Indus Appstore has 3 current directors:
- Priya Meenakshi Narasimhan - Whole-Time Director
- Akash Motilal Dongre - Whole-Time Director
- Tessa Joseph Kallarackal - Director
The latest financial statements of Indus Appstore on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Indus Appstore is 27AACCO2134Q1Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AACCO2134Q1Z4 (Uttar Pradesh), 29AACCO2134Q1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Indus Appstore is U74120TN2015PTC179835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Appstore has 11 court cases on record: 5 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Indus Appstore was incorporated on 20 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Indus Appstore has 4 deals on record (3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹126.58 Cr; the latest was in February 2020.
The peers of Indus Appstore by revenue are Altiusnxt Technologies Private Limited, Orchestrate Mortgage and Title Services Private Limited, Esynergy Technologies Private Limited, Vcomply Technologies India Private Limited, Markace Marketing Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Tessa Joseph Kallarackal was appointed as Director on 15 May 2025. Priya Meenakshi Narasimhan ceased to be Director on 31 Mar 2024. Priya Meenakshi Narasimhan was appointed as Whole-Time Director on 15 Nov 2023. Indus Appstore has 11 board changes on record in total.
Indus Appstore has 10 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 33 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Indus Appstore can be reached through the website indusos.com. Its registered office is in Chennai, Tamil Nadu, India.