About Indxo AI Private Limited
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Indxo AI Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 June 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62013KA2023PTC175127. Its GSTIN is 29AAHCI1775L1Z0 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.26 Lakh. It is led by directors including Kalyan Ram Bhimavaram (Managing Director) and Rajiv Vermani.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.501 Brigade Irv Centre Nallurahalli Main Road, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.18 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹79.2 Lakh (net margin 11%) and EBITDA of ₹83.08 Lakh (EBITDA margin 11.6%).
The company is associated with 1 brand: Indxo AI. As per MCA filings, the company has open charges of ₹5 Cr on record.
For more details, the company can be reached via its website indxo.ai.
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- Registered AddressNo.501 Brigade Irv Centre Nallurahalli Main Road, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Indxo AI Private Limited
The main business activity of Indxo AI is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Indxo AI Private Limited FY 2025 filings available
Indxo AI Private Limited reported revenue of ₹7.18 Cr (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indxo AI Private Limited
Revenue rose 75% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indxo AI Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹83.08 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹79.2 Lakh | •••• |
| 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 of Indxo AI Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.6% | •••• |
| Net Profit Margin | 11% | •••• |
| 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 Indxo AI are in the company report.
Financial statements from FY 2024
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 Indxo AI Private Limited
Indxo AI Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Connecticus Technologies Private Limited | ₹7.23 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Itp Software (India) Private Limited | ₹7.21 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Gsot Software Services Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Alif Management Services Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Almasons Technologies Private Limited | ₹7.21 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Mangalore, Karnataka, India |
| Indxo AI Private Limited this company | ₹7.18 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Sabia Bulk Material Analyser Private Limited | ₹7.17 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Faridabad, Haryana, India |
| Kyzer Software India Private Limited | ₹7.17 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Launchmycareer Private Limited | ₹7.17 Cr (FY 2022) | •••• | •••• | •••• | G B Nagar, Uttar Pradesh, India | |
| Mindscape Computing Private Limited | ₹7.15 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Intellias Information Services India Private Limited | ₹7.15 Cr (FY 2024) | •••• | •••• | 695.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indxo AI by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Indxo AI Private Limited
Indxo AI has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Vermani | Director | 24 May 2024 | 2 Years 4 Months | Current |
| Anish Pandari Antony | Director | 21 Jun 2023 | 3 Years 3 Months | Current |
| Bhimavaram Mallikarjuna Sarma Sarma | Director | 21 Jun 2023 | 3 Years 3 Months | Current |
| Kalyan Ram Bhimavaram | Managing Director | 21 Jun 2023 | 3 Years 3 Months | Current |
Charges & Borrowings of Indxo AI Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2025 | Others | ₹2.4 Cr | Open |
| 14 Feb 2025 | Bank of India | ₹1.8 Cr | Open |
| 29 Nov 2023 | Others | ₹80 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Indxo AI Private Limited
Employment history and EPFO contributions of people linked to Indxo AI.
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.
Recent Activity on Indxo AI Private Limited
Indxo AI Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Rajiv Vermani was appointed as Director on 24 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Indxo AI 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.
MSME Payment Delays by Indxo AI Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indxo AI 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 Indxo AI Private Limited
Indxo AI has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCI1775L1Z0 | Karnataka | Active | 21 Aug 2023 |
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 Indxo AI 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 Indxo AI Private Limited
Indxo AI is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 June 2023 (3+ years old) and is registered under CIN U62013KA2023PTC175127.
Indxo AI reported revenue of ₹7.18 Cr for FY 2025 (up 75% YoY).
Indxo AI has 4 current directors:
- Kalyan Ram Bhimavaram - Managing Director
- Rajiv Vermani - Director
- Anish Pandari Antony - Director
- Bhimavaram Mallikarjuna Sarma Sarma - Director
Indxo AI reported a net profit of ₹79.2 Lakh (net margin 11%) and EBITDA of ₹83.08 Lakh (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Indxo AI is 29AAHCI1775L1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Indxo AI is U62013KA2023PTC175127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indxo AI was incorporated on 21 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indxo AI by revenue are Connecticus Technologies Private Limited, Itp Software (India) Private Limited, Gsot Software Services Private Limited, Alif Management Services Private Limited, Almasons Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Rajiv Vermani was appointed as Director on 24 May 2024. Anish Pandari Antony was appointed as Director on 21 Jun 2023. Bhimavaram Mallikarjuna Sarma Sarma was appointed as Director on 21 Jun 2023. Indxo AI has 4 board changes on record in total.
Indxo AI can be reached through the website indxo.ai. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indxo AI is at No.501 Brigade Irv Centre Nallurahalli Main Road, Bangalore, Karnataka, India – 560066.