About Insteract Technologies Private Limited
Data last updated:
Insteract Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 28 October 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2015PTC124055. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.36 Lakh. It was led by directors Chandran Anandkumar and Balaji Ramakrishnan.
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 was at No.961 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.8 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 84.7%) and EBITDA of ₹3.22 Lakh (EBITDA margin 84.7%). Revenue has grown at a compounded annual rate (CAGR) of 473% over three years and 35% over five years.
The company was associated with 1 brand: Insteract.
The last known website on record is insteract.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.961 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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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Financials of Insteract Technologies Private Limited FY 2023 filings available
Insteract Technologies Private Limited reported revenue of ₹3.8 Lakh (down 91% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Insteract Technologies Private Limited
Revenue fell 91% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 90% 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 Insteract Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.22 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Insteract Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 84.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Insteract Technologies are in the company report.
Financial statements from FY 2016
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.
Auditor Details of Insteract Technologies Private Limited
Insteract Technologies Private Limited is audited by SUKUMAR&ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUKUMAR&ASSOCIATES | 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 Insteract Technologies Private Limited
Insteract Technologies 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 |
|---|---|---|---|---|
| Chandran Anandkumar | Director | 28 Oct 2015 | 10 Years 11 Months | As last reported |
| Balaji Ramakrishnan | Director | 28 Oct 2015 | 10 Years 11 Months | As last reported |
Ownership and Shareholding of Insteract 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 Insteract Technologies Private Limited
Insteract Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Insteract Technologies Private Limited
Insteract Technologies operates one associated brand: Insteract. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Employee mobility is managed via a cloud-based corporate travel platform. | insteract.com |
Competitors & Alternatives of Insteract Technologies Private Limited
Brands and companies operating in the same space as Insteract Technologies Private Limited include TravelPerk, Egencia, Lanes & Planes and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 TravelPerk | SaaS-driven corporate travel management & booking engine platform | Barcelona, Spain | 2015 |
 Egencia | Corporate travel solutions are offered to business travelers worldwide. | Bellevue, United States | 2000 |
 Lanes & Planes | SaaS travel management is offered for business travelers' bookings. | Munich, Germany | 2017 |
 Deem | Provider of corporate travel management solutions | San Francisco, United States | 2000 |
 Spotnana | SaaS API-based travel ecosystem and management solutions are offered. | New York, United States | 2019 |
 Serko | Travel and expense management solutions are provided for businesses. | Auckland, New Zealand | 2007 |
 Tripeur | AI and cloud-driven corporate travel management solutions are provided. | Bengaluru, India | 2015 |
 Naboo | Corporate travel and villa bookings are enabled for business telecommuting. | Paris, France | 2021 |
 Comtravo | Corporate travel bookings are managed via a text-based online platform. | Berlin, Germany | 2015 |
 TravelBank | Cloud-based expense management and booking tools SMBs | Daly City, United States | 2015 |
Employees and EPFO Compliance at Insteract Technologies Private Limited
Employment history and EPFO contributions of people linked to Insteract Technologies.
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 Insteract Technologies Private Limited
Insteract Technologies has one previous CIN (Corporate Identification Number): U74120MH2015PTC269637. The current CIN is U74120KA2015PTC124055, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120KA2015PTC124055 | Current |
| U74120MH2015PTC269637 | Previous |
News related to Insteract Technologies Private Limited
Recent Activity on Insteract Technologies Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Insteract 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.
MSME Payment Delays by Insteract Technologies 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 Insteract 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 Insteract Technologies Private Limited
Insteract Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Insteract 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 Insteract Technologies Private Limited
Insteract Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Insteract Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in saas (software as a service) providers, within the information technology industry. It was incorporated on 28 October 2015 and is registered under CIN U74120KA2015PTC124055. The company has been struck off by the Registrar of Companies and is no longer operational.
Insteract Technologies had 2 directors:
- Chandran Anandkumar - Director
- Balaji Ramakrishnan - Director
The CIN (Corporate Identification Number) of Insteract Technologies is U74120KA2015PTC124055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Insteract Technologies is at No.961 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
Insteract Technologies was incorporated on 28 October 2015. It is registered with the Registrar of Companies, Bangalore.
Yes, Insteract Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Insteract Technologies can be reached through the website insteract.com. Its registered office is in Bangalore, Karnataka, India.
Insteract Technologies reported revenue of ₹3.8 Lakh for FY 2023 (down 91% YoY).