DPIIT recognised startup Government of India
Startup India
Instabids India Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2023
₹3.8 Lakh
▲ 1058% YoY
Net loss · FY 2023
₹12.05 Lakh
Net margin -317%
EBITDA · FY 2023
-₹11.79 Lakh
EBITDA margin -310%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Instabids India Private Limited
Data last updated:
Instabids India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC148777. Its GSTIN is 33AAGCI4623Q1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Murali Kishore Kumar Kotapati (Managing Director) and Chakaravarthy Gajapathy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hillcrest L – 1 New No L – 32 26th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.05 Lakh (net margin -317%) and EBITDA of -₹11.79 Lakh (EBITDA margin -310%).
Instabids India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0133627). For more details, the company can be reached via its website instabids.in.
Company details
CIN U72900TN2021PTC148777
Registration Number 148777
Incorporation Date 23 December 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0133627
Recognitions & Rankings of Instabids India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0133627
Contact details
Instabids India Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Apps
- Registered AddressHillcrest L – 1 New No L – 32 26th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Instabids India 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
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Business activity
The main business activity of Instabids India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Instabids India Private Limited, buy the company report.
Financials of Instabids India Private Limited
FY 2023 filings availableInstabids India Private Limited reported revenue of ₹3.8 Lakh (up 1058% YoY) for FY 2023.
Revenue · FY 2023
₹3.8 Lakh ▲ 1058%
Net loss · FY 2023
₹12.05 Lakh margin -317%
EBITDA · FY 2023
-₹11.79 Lakh margin -310%
Financial Statement Summary
| Metrics | 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 | -₹11.79 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹12.05 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -310% | |
| Net Profit Margin | -317% | |
| 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 Instabids India Private Limited, buy the company report.
Board of directors of Instabids India Private Limited
Instabids India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Kishore Kumar Kotapati | Managing Director | 23 Dec 2021 | 4 Years 10 Months | Current |
| Chakaravarthy Gajapathy Also directs: Websec Solutions Private Limited | Director | 23 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Instabids India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bionis Technology Solutions Private Limited | ₹3.82 Lakh (FY 2016) | -61.0% | New Delhi, Delhi, India | |||
| Redsky Online Services Private Limited | ₹3.81 Lakh (FY 2017) | 298.0% | Thane, Maharashtra, India | |||
| Rayalaseema Television Networks Private Limited | ₹3.81 Lakh (FY 2021) | -77.0% | Tirupati, Andhra Pradesh, India | |||
| Sunandha Media Solutions Private Limited | ₹3.81 Lakh (FY 2025) | 25.0% | Coimbatore, Tamil Nadu, India | |||
| Aftale IT Solutions Private Limited | ₹3.81 Lakh (FY 2024) | -53.0% | Thane, Maharashtra, India | |||
| Instabids India Private Limitedthis company | ₹3.8 Lakh (FY 2023) | -₹12.05 Lakh | -317% | 1058.0% | Chennai, Tamil Nadu, India | |
| Smart Genesis Private Limited | ₹3.8 Lakh (FY 2024) | -93.0% | Jalgaon, Maharashtra, India | |||
| Qvinzbridge Private Limited | ₹3.8 Lakh (FY 2024) | -32.0% | Bangalore, Karnataka, India | |||
| Mahadev Televentures Private Limited | ₹3.8 Lakh (FY 2025) | -16.0% | Daudnagar, Bihar, India | |||
| Proofwel Chemicals Private Limited | ₹3.79 Lakh (FY 2021) | Delhi, India | ||||
| Ovsa Ithub Private Limited | ₹3.79 Lakh (FY 2018) | Delhi, India |
To see the full peer comparison of Instabids India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Instabids India 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 Instabids India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Instabids India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCI4623Q1Z9 | Tamil Nadu | Active | 04 Feb 2022 |
To see the full GST registrations and return filing status of Instabids India Private Limited, buy the company report.
Recent activity
Instabids India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chakaravarthy Gajapathy was appointed as Director on 23 Dec 2021.
AGM
Instabids India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Instabids India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Appointed
Chakaravarthy Gajapathy was appointed as Director.
Appointed
Murali Kishore Kumar Kotapati was appointed as Managing Director.
Incorporation
23 Dec 2021
Instabids India Private Limited was registered on 23 Dec 2021 with Roc Chennai & aged 4 years 10 months as per MCA records.
Frequently asked questions
Instabids India 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 23 December 2021 (5+ years old) and is registered under CIN U72900TN2021PTC148777.
Instabids India has 2 current directors:
- Murali Kishore Kumar Kotapati - Managing Director
- Chakaravarthy Gajapathy - Director
The latest financial statements of Instabids India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Instabids India is 33AAGCI4623Q1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Instabids India is U72900TN2021PTC148777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instabids India was incorporated on 23 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Instabids India by revenue are Bionis Technology Solutions Private Limited, Redsky Online Services Private Limited, Rayalaseema Television Networks Private Limited, Sunandha Media Solutions Private Limited, Aftale IT Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chakaravarthy Gajapathy was appointed as Director on 23 Dec 2021. Murali Kishore Kumar Kotapati was appointed as Managing Director on 23 Dec 2021.
Yes, Instabids India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Instabids India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0133627).
Instabids India can be reached through the website instabids.in. Its registered office is in Chennai, Tamil Nadu, India.
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