Integrace Private Limited

Integrace Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2018PTC115613 Incorporated 21 August 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma MSME · Medium
Data last updated
Revenue · FY 2025
₹246.31 Cr
▼ 6% YoY
Net profit · FY 2025
₹2.99 Cr
Net margin 1.2%
EBITDA · FY 2025
₹54.46 Cr
EBITDA margin 22.1%
Authorised capital
₹655 Cr
Registered with MCA
Paid-up capital
₹614.89 Cr
Issued & subscribed
Open charges
₹364 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
807
Provident fund records

About Integrace Private Limited

Data last updated:

Integrace Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2018PTC115613. Its GSTIN is 29AAECI9631A1ZN (Karnataka). The company holds 5 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹655 Cr and a paid-up capital of ₹614.89 Cr. It is led by directors including Kedar Amrit Rajadnye and Praneet Singh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rocklines House Ground Floor 9/2 Museum Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2025, the company reported a revenue of ₹246.31 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Cr (net margin 1.2%) and EBITDA of ₹54.46 Cr (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.

The company has about 807 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Integrace Health and True North. As per MCA filings, the company has open charges of ₹364 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 5 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹109.5 Cr; the latest was in December 2023. Its 9 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 5 smaller; the largest is Shivkamal Steel Enterprises Private Limited with revenue of ₹246.86 Cr.

Integrace Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0086897). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truenorth.co.in.

Company details

CIN U51909KA2018PTC115613
Registration Number 115613
Incorporation Date 21 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0086897
Key People
Kedar Amrit Rajadnye Director Satish Chander Subbanna Nominee Director Nishant Chandra Nominee Director

Recognitions & Rankings of Integrace

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0086897

Contact details

Integrace Private Limited's registered office is in Bangalore, Karnataka. Its website is truenorth.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    truenorth.co.in
  • Social Media
  • Registered Address
    Rocklines House Ground Floor 9/2 Museum Road, Bangalore, Karnataka, India – 560001
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Integrace Private Limited, buy the company report.

Comprehensive company report
Integrace 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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Brands

Integrace operates two associated brands: Integrace Health and True North. Each brand links to its own profile.

BrandDescriptionWebsite
Integrace Health
Musculoskeletal disorders, pain management, and women's health therapies are provided.integracehealth.com
True North
Private equity is invested by True North in mid-market companies.truenorth.co.in

Business activity

The main business activity of Integrace is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Integrace Private Limited, buy the company report.

Financials of Integrace Private Limited

FY 2025 filings available

Integrace Private Limited reported revenue of ₹246.31 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹246.31 Cr ▼ 6%
Net profit · FY 2025
₹2.99 Cr margin 1.2%
EBITDA · FY 2025
₹54.46 Cr margin 22.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 5%
5 years · compounded
▼ 3%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹54.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.99 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.1%
Net Profit Margin1.2%
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 Integrace Private Limited, buy the company report.

Board of directors and KMP of Integrace Private Limited

Integrace Private Limited currently reports 5 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Kedar Amrit RajadnyeDirector13 Dec 20187 Years 10 MonthsCurrent
Satish Chander Subbanna
Also directs: Activ Pine LLP, Viridity Tone LLP, True North Capital Management LLP and 3 more
Nominee Director23 Aug 20188 Years 2 MonthsCurrent
Nishant Chandra
Also directs: Temasek Holdings Advisors India Private Limited
Nominee Director15 Nov 20214 Years 11 MonthsCurrent
Praneet Singh
Also directs: Penumbra Management LLP
Director26 May 20206 Years 5 MonthsCurrent
Sanvi Shrinivas OakCompany Secretary13 Dec 20223 Years 10 MonthsCurrent
Maninder Singh Juneja
Also directs: Capvisor Consultants LLP, Pine Labs Limited., Nivara Home Finance Limited
Nominee Director20 Dec 20241 Years 10 MonthsCurrent
View all directors and KMP

Peer comparison

Integrace Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shivkamal Steel Enterprises Private Limited₹246.86 Cr (FY 2025)12.0%Delhi, India
Swastico Pipe & Tube Private Limited₹246.75 Cr (FY 2025)115.0%Karjan, Gujarat, India
Amit Mines Private Limited₹246.51 Cr (FY 2025)-5.0%Kolkata, West Bengal, India
GTS Food Products Private Limited₹246.42 Cr (FY 2025)73.0%Chandrapur, Maharashtra, India
Integrace Private Limitedthis company₹246.31 Cr (FY 2025)₹2.99 Cr1.2%-6.0%807Bangalore, Karnataka, India
Shree Balaji Steel and Metal Private Limited₹246.29 Cr (FY 2024)469.0%New Delhi, Delhi, India
Hem Raj Bodh Raj Yarns Private Limited₹246.15 Cr (FY 2025)-15.0%Ludhiana, Punjab, India
Retranz Infolabs Private Limited₹246.12 Cr (FY 2025)50.0%Thane, Maharashtra, India
Anil Trading India Private Limited₹246.01 Cr (FY 2025)-2.0%Jodhpur, Rajasthan, India
Mitali Alloys Private Limited₹245.9 Cr (FY 2025)-7.0%Mandi Gobindgarh, Punjab, India

To see the full peer comparison of Integrace Private Limited, buy the company report.

Auditor

Integrace Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

The shareholding of Integrace 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Integrace Private Limited, buy the company report.

Charges & borrowings

Open charges
₹364 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹215.00 Cr
Hdfc Bank Limited₹115.00 Cr
Axis Bank Limited₹34.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Nov 2021100507757Axis Bank Limited₹29 CrOpen
12 Nov 2021100507878Axis Bank Limited₹5 CrOpen
11 Oct 2021100506482Hdfc Bank Limited₹55 CrOpen
28 Feb 2020100331959Others₹40 CrOpen
26 Feb 2020100329686Hdfc Bank Limited₹60 CrOpen

To see the full charge records of Integrace Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Integrace Private Limited has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹109.5 Cr; the latest was in December 2023.

Total deals
7
Secondary share transfers
3
Rights issues
2
Funding rounds
2
Disclosed funding
₹109.5 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Dec 2023Secondary share transferUndisclosedBuyer: True North
Seller: an individual
Jan 2023Secondary share transferUndisclosedBuyer: True North
Seller: 2 individuals
Aug 2022Rights issue₹180 CrInvestors: Temasek
Oct 2021Secondary share transferUndisclosedBuyer: Temasek
Seller: True North, Glenmark Pharmaceuticals Limited
Sep 2018Funding round₹19.5 CrInvestors: Glenmark Pharmaceuticals Limited , an individual

To see the full deal history of Integrace Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Integrace Private Limited was last rated by Indiarating on 21 Apr 2022.

Rating agencyRated onRating
Indiarating21 Apr 2022

To see the full credit ratings and regulatory alerts of Integrace Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Integrace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Integrace Private Limited has a workforce of 807 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
807
Active EPFO establishments
1
Employee growth
-2.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27807
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Integrace Private Limited, buy the company report.

GST

Integrace has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAECI9631A1ZNKarnatakaActive12 Sep 2018
23AAECI9631A1ZZMadhya PradeshActive09 Oct 2018
27AAECI9631A1ZRMaharashtraActive18 Feb 2019
27AAECI9631A2ZQMaharashtraActive01 Jul 2021

To see the full GST registrations and return filing status of Integrace Private Limited, buy the company report.

Recent activity

Integrace Private Limited has 18 board changes on record since 2018: 12 appointments and 6 cessations. The latest: Neeraj Basur ceased to be Director on 13 Feb 2025.

AGM
Integrace Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Integrace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Neeraj Basur ceased to be Director.
Appointed
Maninder Singh Juneja was appointed as Nominee Director.
Ceased
Rajagopalan Santhanam ceased to be Nominee Director.
Appointed
Sanvi Shrinivas Oak was appointed as Company Secretary.
Charges
A charge with Axis Bank Limited of Rs. 29.00 Cr registered on 12 Nov 2021 with Charge ID 100507757 was modified on 25 Aug 2022.
Appointed
Nishant Chandra was appointed as Nominee Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100507878 was registered on 12 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 29.00 Cr with Charge ID 100507757 was registered on 12 Nov 2021.
Ceased
Vasudevan Sujesh ceased to be Nominee Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.00 Cr with Charge ID 100506482 was registered on 11 Oct 2021.

18 earlier events are in the company report.

News

Frequently asked questions

Integrace is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 August 2018 (8+ years old) and is registered under CIN U51909KA2018PTC115613.

Integrace has 6 current directors and KMP:

The latest financial statements of Integrace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Integrace is 29AAECI9631A1ZN, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECI9631A1ZZ (Madhya Pradesh), 27AAECI9631A1ZR (Maharashtra), 27AAECI9631A2ZQ (Maharashtra).

The CIN (Corporate Identification Number) of Integrace is U51909KA2018PTC115613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Integrace has 7 court cases on record: 6 filed by the company and 1 filed against it. 5 are pending. Most are in the high courts.

Integrace was incorporated on 21 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Integrace has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹109.5 Cr; the latest was in December 2023.

The peers of Integrace by revenue are Shivkamal Steel Enterprises Private Limited, Swastico Pipe & Tube Private Limited, Amit Mines Private Limited, GTS Food Products Private Limited, Shree Balaji Steel and Metal Private Limited and 4 more, all in the same principal business activity (wholesale trading).

Neeraj Basur ceased to be Director on 13 Feb 2025. Maninder Singh Juneja was appointed as Nominee Director on 20 Dec 2024. Rajagopalan Santhanam ceased to be Nominee Director on 20 Dec 2024. Integrace has 18 board changes on record in total.

Yes, Integrace is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0086897).