MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0019839
Intellect Bizware Services Private Limited - information technology in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹84.14 Cr
▲ 18% YoY
Net profit · FY 2025
₹14.37 Cr
Net margin 17.1%
EBITDA · FY 2025
₹20.32 Cr
EBITDA margin 24.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.53 Cr
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
479
Provident fund records
About Intellect Bizware Services Private Limited
Data last updated:
Intellect Bizware Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Nihilent Limited. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 22 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2009PTC192567. Its GSTIN is 27AACCI1519B1Z4 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Milind Rathi (Whole-Time Director) and Shubhabrata Banerjee.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 601 – 605 6th Floor Technocity Plot No. X – 5/3 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.14 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹14.37 Cr (net margin 17.1%) and EBITDA of ₹20.32 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 17% over five years.
The company has about 479 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Intellect Bizware. As per MCA filings, the company has satisfied charges of ₹1.53 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in January 2021. Its 4 peer companies in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Infrabeat Technologies Private Limited with revenue of ₹127.93 Cr.
Intellect Bizware Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019839). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website intellectbizware.com.
Company details
CIN U72300MH2009PTC192567
Registration Number 192567
Incorporation Date 22 May 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nihilent Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0019839
Key People
Milind Rathi Whole-Time Director Shubhabrata Banerjee Director Rahul Surendra Bhandari Director Recognitions & Rankings of Intellect Bizware Services
Contact details
Intellect Bizware Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is intellectbizware.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address601 – 605 6th Floor Technocity Plot No. X – 5/3 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Intellect Bizware Services Private Limited, buy the company report.
Comprehensive company report
Intellect Bizware Services 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
Intellect Bizware Services operates one associated brand: Intellect Bizware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ERP services are provided to enterprises by Intellect Bizware. | intellectbizware.com |
Business activity
The main business activity of Intellect Bizware Services 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 Intellect Bizware Services Private Limited, buy the company report.
Financials of Intellect Bizware Services Private Limited
FY 2025 filings availableIntellect Bizware Services Private Limited reported revenue of ₹84.14 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹84.14 Cr ▲ 18%
Net profit · FY 2025
₹14.37 Cr margin 17.1%
EBITDA · FY 2025
₹20.32 Cr margin 24.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 14%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 14%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 18% growth in the latest year. EBITDA rose 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹20.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 17.1% | ||||
| 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 Intellect Bizware Services Private Limited, buy the company report.
Board of directors of Intellect Bizware Services Private Limited
Intellect Bizware Services has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhabrata Banerjee Also directs: Nihilent Limited | Director | 24 Oct 2015 | 11 Years 0 Months | Current |
| Rahul Surendra Bhandari | Director | 19 Aug 2021 | 5 Years 2 Months | Current |
| Milind Rathi | Whole-Time Director | 07 Jun 2024 | 2 Years 5 Months | Current |
| Minoo Darab Dastur Also directs: Nihilent Limited | Director | 24 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Intellect Bizware Services Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning), with 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 |
|---|---|---|---|---|---|---|
| Infrabeat Technologies Private Limited | ₹127.93 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Highbar Technocrat Limited | ₹111.94 Cr (FY 2025) | 11.0% | Navi Mumbai, Maharashtra, India | |||
| Intellect Bizware Services Private Limitedthis company | ₹84.14 Cr (FY 2025) | ₹14.37 Cr | 17.1% | 18.0% | Navi Mumbai, Maharashtra, India | |
| Ginni Systems Limited | ₹64.18 Cr (FY 2025) | 18.0% | Gurgaon, Haryana, India | |||
| RJT Compusolutions Private Limited | ₹57 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Intellect Bizware Services Private Limited, buy the company report.
Auditor
Intellect Bizware Services Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Intellect Bizware Services 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 Intellect Bizware Services Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2019 | 100295298 | Others | ₹3.19 Lakh | Satisfied | |
| 23 Oct 2018 | 100223335 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Intellect Bizware Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Intellect Bizware Services Private Limited has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in January 2021.
Total deals
5
Secondary share transfers
4
Acquisition
1
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Nihilent Limited & Rahul Surendra Bhandari, Nihilent Limited Seller: 3 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Nihilent Limited Seller: 3 individuals |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Nihilent Limited Seller: 3 individuals |
| Nov 2017 | Acquisition | Undisclosed | Buyer: Nihilent Limited Seller: Nihilent Limited , 3 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Nihilent Limited Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Intellect Bizware Services Private Limited has 2 court cases on record: 1 filed by Intellect Bizware Services, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Intellect Bizware Services 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
No delayed payments to MSME suppliers are on our record for Intellect Bizware Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Intellect Bizware Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI1519B1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 06AACCI1519B1Z8 | Haryana | Active | 31 Dec 2019 |
To see the full GST registrations and return filing status of Intellect Bizware Services Private Limited, buy the company report.
Recent activity
Intellect Bizware Services Private Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Milind Rathi ceased to be Additional Director on 22 Aug 2024.
AGM
Intellect Bizware Services Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Intellect Bizware Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Milind Rathi ceased to be Additional Director.
Appointed
Milind Rathi was appointed as Whole-Time Director.
Charges
A charge registered on 05 Sep 2019 via Charge ID 100295298 with Others was fully satisfied on 26 May 2022.
Charges
A charge registered on 23 Oct 2018 via Charge ID 100223335 with Others was fully satisfied on 26 May 2022.
Ceased
Rahul Surendra Bhandari ceased to be Additional Director.
Appointed
Rahul Surendra Bhandari was appointed as Director.
Ceased
Lal Chandra Singh ceased to be Director.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 23 Oct 2018 with Charge ID 100223335 was modified on 31 Oct 2019.
Charges
A charge with Others amounted to Rs. 3.19 Lakh with Charge ID 100295298 was registered on 05 Sep 2019.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100223335 was registered on 23 Oct 2018.
8 earlier events are in the company report.
Frequently asked questions
Intellect Bizware Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 22 May 2009 (17+ years old) and is registered under CIN U72300MH2009PTC192567.
Intellect Bizware Services has 4 current directors:
- Milind Rathi - Whole-Time Director
- Shubhabrata Banerjee - Director
- Rahul Surendra Bhandari - Director
- Minoo Darab Dastur - Director
The latest financial statements of Intellect Bizware Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Intellect Bizware Services is 27AACCI1519B1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCI1519B1Z8 (Haryana).
The CIN (Corporate Identification Number) of Intellect Bizware Services is U72300MH2009PTC192567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intellect Bizware Services has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Intellect Bizware Services was incorporated on 22 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Intellect Bizware Services has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in January 2021.
The peers of Intellect Bizware Services by revenue are Infrabeat Technologies Private Limited, Highbar Technocrat Limited, Ginni Systems Limited, RJT Compusolutions Private Limited, all in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities).
Milind Rathi ceased to be Additional Director on 22 Aug 2024. Milind Rathi was appointed as Whole-Time Director on 07 Jun 2024. Rahul Surendra Bhandari ceased to be Additional Director on 28 Sep 2021. Intellect Bizware Services has 12 board changes on record in total.
Yes, Intellect Bizware Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0019839).
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