About Instem India Private Limited
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Instem India Private Limited is a foreign private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2012FTC146152. Its GSTIN is 27AACCI9902J1ZC (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Milind Prabhakar Bargaje and Philip John Reason.
Its last annual general meeting (AGM) was held on 15 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Smartwork 43Eq 18th Floor S No. 44H. No 8/1 (P), Plot A Opp Bharati Vidyapeeth School Balewadi Pune Maharashtra 411045, Maharashtra, India – 411045.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.13 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹4.57 Cr (net margin 11.4%) and EBITDA of ₹6.36 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years and 27% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Instem. As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website instem.com.
Company details
CIN history
Instem India has one previous CIN (Corporate Identification Number): U73100MH2012FTC231951. The current CIN is U73100PN2012FTC146152, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100PN2012FTC146152 | Current |
| U73100MH2012FTC231951 | Previous |
Contact details
Instem India Private Limited's registered office is in Pune, Maharashtra. Its website is instem.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSmartwork 43Eq 18th Floor S No. 44H. No 8/1 (P), Plot A Opp Bharati Vidyapeeth School Balewadi Pune Maharashtra 411045, Maharashtra, India – 411045
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Instem India 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
Instem India operates one associated brand: Instem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software for life science data collection and analysis is provided. | instem.com |
Business activity
The main business activity of Instem India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Instem India Private Limited, buy the company report.
Financials of Instem India Private Limited
FY 2025 filings availableInstem India Private Limited reported revenue of ₹40.13 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 31% growth in the latest year. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.36 Cr | ||||
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| Net Profit (PAT) | ₹4.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of Instem India Private Limited, buy the company report.
Board of directors of Instem India Private Limited
Instem India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Prabhakar Bargaje Also directs: Xybion India Private Limited | Director | 18 Oct 2013 | 13 Years 0 Months | Current |
| Philip John Reason | Director | 07 Jun 2012 | 14 Years 5 Months | Current |
Peer comparison
Instem India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boston Harbor Consulting Private Limited | ₹40.23 Cr (FY 2024) | -21.0% | Chennai, Tamil Nadu, India | |||
| Prov Infotech Systems Private Limited | ₹40.22 Cr (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| K-Logix Partnering Solutions Private Limited | ₹40.19 Cr (FY 2025) | 141.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Achala IT Solutions Private Limited | ₹40.15 Cr (FY 2024) | 27.0% | Hyderabad, Telangana, India | |||
| Instem India Private Limitedthis company | ₹40.13 Cr (FY 2024) | ₹4.57 Cr | 11.4% | 31.0% | 177 | Pune, Maharashtra, India |
| Quantum Business Advisory Private Limited | ₹40.1 Cr (FY 2023) | 246.0% | Kolkata, West Bengal, India | |||
| Tricentis India Private Limited | ₹40.1 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Magnetic Infotech Private Limited | ₹40.05 Cr (FY 2024) | 29.0% | Secunderabad, Telangana, India | |||
| Sun Plus Software Technologies Private Limited | ₹39.99 Cr (FY 2023) | 2.0% | Bangalore, Karnataka, India | |||
| Ziniosedge Software Technologies Private Limited | ₹39.98 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Instem India Private Limited, buy the company report.
Auditor
Instem India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2021 | 121750W |
Shareholding
The shareholding of Instem India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Instem India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2023 | 100710692 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Instem 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 Instem India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Instem India Private Limited has a workforce of 177 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Instem India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI9902J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Instem India Private Limited, buy the company report.
Recent activity
Instem India Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Michael Roger Harwood ceased to be Director on 15 Apr 2024.
News
Frequently asked questions
Instem India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2012 (14+ years old) and is registered under CIN U73100PN2012FTC146152.
Instem India has 2 current directors:
- Milind Prabhakar Bargaje - Director
- Philip John Reason - Director
The latest financial statements of Instem India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Instem India is 27AACCI9902J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Instem India is U73100PN2012FTC146152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instem India was incorporated on 07 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Instem India by revenue are Boston Harbor Consulting Private Limited, Prov Infotech Systems Private Limited, K-Logix Partnering Solutions Private Limited, Achala IT Solutions Private Limited, Quantum Business Advisory Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Michael Roger Harwood ceased to be Director on 15 Apr 2024. Nigel John Goldsmith ceased to be Director on 15 Apr 2024. Milind Prabhakar Bargaje was appointed as Director on 18 Oct 2013. Instem India has 4 board changes on record in total.
Instem India can be reached through the website instem.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Instem India is at Smartwork 43Eq 18th Floor S No. 44H. No 81 P, Plot A Opp Bharati Vidyapeeth School Balewadi Pune Maharashtra 411045, Maharashtra, India – 411045.
Instem India operates in the information technology industry, in the IT consulting and support services segment.
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