About Intech Additive Solutions Private Limited
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Intech Additive Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC066792. Its GSTIN is 29AADCI0992F1ZG (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It was formerly known as Intech Dmls Private Limited. It is led by directors Sridhar Balaram and Sanjeev Suresh Nadkarni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 239 11th Main 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.6 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹18.12 Cr (net margin -97.4%) and EBITDA of -₹11.22 Cr (EBITDA margin -60.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 33% over five years.
The company has about 132 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Intech Additive. As per MCA filings, the company has open charges of ₹31.54 Cr and satisfied charges of ₹4.94 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹53.64 Cr; the latest was in December 2018. The company has 6 MSME Form 1 returns on record between 2018 and 2022, listing 75 overdue payments to 52 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 intechadditive.com.
Company details
Contact details
Intech Additive Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is intechadditive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 239 11th Main 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Intech Additive Solutions 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
Intech Additive Solutions operates one associated brand: Intech Additive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal 3D printers and additive manufacturing software are produced. | intechadditive.com |
Business activity
The main business activity of Intech Additive Solutions is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Intech Additive Solutions Private Limited, buy the company report.
Financials of Intech Additive Solutions Private Limited
FY 2024 filings availableIntech Additive Solutions Private Limited reported revenue of ₹18.6 Cr (up 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 41% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.6 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹11.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.12 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -60.3% | ||||
| Net Profit Margin | -97.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Intech Additive Solutions Private Limited, buy the company report.
Board of directors of Intech Additive Solutions Private Limited
Intech Additive Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Balaram Also directs: Alliage Metal Castings Private Limited, Cast Craft Private Limited, Galvano Track Solutions Private Limited and 5 more | Director | 19 Nov 2012 | 13 Years 11 Months | Current |
| Sanjeev Suresh Nadkarni Also directs: Alliage Metal Castings Private Limited, Cast Craft Private Limited, Galvano Track Solutions Private Limited and 1 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
Auditor
Intech Additive Solutions Private Limited is audited by BALAKRISHNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNA & CO. | FY 2023 | 004835S |
Shareholding
The shareholding of Intech Additive Solutions 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 Intech Additive Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2013 | 10452009 | Canara Bank | ₹31.54 Cr | Open | |
| 28 Sep 2017 | 100130267 | Others | ₹2.06 Cr | Satisfied | |
| 15 May 2017 | 100101314 | Others | ₹72.79 Lakh | Satisfied | |
| 16 Sep 2014 | 10550293 | Siemens Financial Services Private Limited | ₹2.15 Cr | Satisfied |
To see the full charge records of Intech Additive Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Intech Additive Solutions Private Limited has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹53.64 Cr; the latest was in December 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Funding round | ₹50.37 Cr | Investors: Gildemeister Beteiligungen GmbH |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Gildemeister Beteiligungen GmbH, 2 individuals Seller: 3 individuals |
| Mar 2017 | Rights issue | ₹42.9 Lakh | Investors: an individual |
| Aug 2016 | Rights issue | ₹6.24 Cr | Investors: an individual |
| May 2016 | Rights issue | ₹1.83 Cr | Investors: an individual |
To see the full deal history of Intech Additive Solutions 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
Intech Additive Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (AP.EFA) | Filed against the company by Additive Industries B V | Pending |
To see the full case history of Intech Additive Solutions 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
Intech Additive Solutions Private Limited has 6 MSME Form 1 returns on record between 2018 and 2022, listing 75 overdue payments to 52 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 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Beckhoff Automation Private Limited | |||
| Alltronix | |||
| Eleczo India Private Limited | |||
| Metallurgical Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Intech Additive Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Intech Additive Solutions Private Limited has a workforce of 132 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Intech Additive Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI0992F1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Intech Additive Solutions Private Limited, buy the company report.
Recent activity
Intech Additive Solutions Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Bharatkumar Kalagonda Pomai was appointed as Company Secretary on 15 May 2024.
5 earlier events are in the company report.
News
Frequently asked questions
Intech Additive Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 November 2012 (14+ years old) and is registered under CIN U74900KA2012PTC066792.
Intech Additive Solutions has 2 current directors:
- Sridhar Balaram - Director
- Sanjeev Suresh Nadkarni - Director
The latest financial statements of Intech Additive Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Intech Additive Solutions is 29AADCI0992F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Intech Additive Solutions is U74900KA2012PTC066792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intech Additive Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Intech Additive Solutions was incorporated on 19 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Intech Additive Solutions has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹53.64 Cr; the latest was in December 2018.
Bharatkumar Kalagonda Pomai was appointed as Company Secretary on 15 May 2024. Florian Karl Michael Feucht ceased to be Nominee Director on 02 Jan 2023. Govind Sampally Srinivasan ceased to be Director on 25 Jan 2017. Intech Additive Solutions has 6 board changes on record in total.
Intech Additive Solutions has 6 MSME Form 1 returns on record between 2018 and 2022, listing 75 overdue payments to 52 micro and small suppliers. The latest return was filed on 01 Jun 2022.
Intech Additive Solutions can be reached through the website intechadditive.com. Its registered office is in Bangalore, Karnataka, India.