About Intuit India Product Development Centre Private Limited
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Intuit India Product Development Centre Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Intuit Inc.Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC055461. Its GSTIN is 29AACCI4391P1ZV (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Tyler Ralph Cozzens and Saurabh Saxena.
Its last annual general meeting (AGM) was held on 16 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Campus 4A Pritech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,236.7 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹306.2 Cr (net margin 9.5%) and EBITDA of ₹504.4 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 22% over five years.
The company has about 1,860 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.06 Cr; the latest was in March 2019. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 3 smaller; the largest is Shezar Web Technologies Private Limited with revenue of ₹3,168.83 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 259 overdue payments to 40 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 intuit.com.
Company details
Contact details
Intuit India Product Development Centre Private Limited's registered office is in Bangalore, Karnataka. Its website is intuit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCampus 4A Pritech Park (Ecospace) 7th Floor Bellandur Village Varthur Hubli Bangal, Ore East, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Intuit India Product Development Centre 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
Business activity
The main business activity of Intuit India Product Development Centre is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Intuit India Product Development Centre Private Limited, buy the company report.
Financials of Intuit India Product Development Centre Private Limited
FY 2025 filings availableIntuit India Product Development Centre Private Limited reported revenue of ₹3,236.7 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 27% growth in the latest year. EBITDA rose 57% 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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| EBITDA | ₹504.4 Cr | ||||
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| Net Profit (PAT) | ₹306.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Intuit India Product Development Centre Private Limited, buy the company report.
Board of directors of Intuit India Product Development Centre Private Limited
Intuit India Product Development Centre has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tyler Ralph Cozzens | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Saurabh Saxena Also directs: Intuit India Technology and Services LLP | Director | 29 Apr 2021 | 5 Years 6 Months | Current |
| Gavin Anthony Buckley Also directs: Credit Karma India Private Limited | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Santhosh Kumar Also directs: Credit Karma India Private Limited | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Intuit India Product Development Centre Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intuit India Product Development Centre Private Limitedthis company | ₹3,236.7 Cr (FY 2025) | ₹306.2 Cr | 9.5% | 27.0% | 1,860 | Bangalore, Karnataka, India |
| Shezar Web Technologies Private Limited | ₹3,168.83 Cr (FY 2025) | 731.0% | Mumbai, Maharashtra, India | |||
| RSB Industries Private Limited | ₹3,094.28 Cr (FY 2024) | 7.0% | Jamshedpur, Jharkhand, India | |||
| Fiserv India Private Limited | ₹2,911.49 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India |
To see the full peer comparison of Intuit India Product Development Centre Private Limited, buy the company report.
Auditor
Intuit India Product Development Centre Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2025 | 101049W/E300004 |
Shareholding
The shareholding of Intuit India Product Development Centre Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Intuit India Product Development Centre Private Limited, buy the company report.
Deals & funding
Intuit India Product Development Centre Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.06 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Intuit Mint Bills Inc, Intuit INC USA Seller: Intuit Singapore Pte Limited |
| May 2012 | Funding round | ₹12.12 Cr | Investors: Intuit Singapore Pte Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Intuit INC USA Seller: 2 individuals |
| Mar 2011 | Funding round | ₹94 Lakh | Investors: Intuit Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Intuit India Product Development Centre 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
Intuit India Product Development Centre Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 259 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ideas Ahead Av Solutions Private Limited | |||
| Urbane Designs | |||
| an individual supplier | |||
| Anand Sweets and Savouries LLP | |||
| Spectrum Filtration Private Limited |
To see the full MSME payment records of Intuit India Product Development Centre Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Intuit India Product Development Centre has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Intuit India Software Solutions Private Limited | U52500KA2008PTC047952 |
To see the full group structure of Intuit India Product Development Centre Private Limited, buy the company report.
Employees & EPFO
Intuit India Product Development Centre Private Limited has a workforce of 1,860 employees on its EPFO records as of Feb 11, 2026, across 1 active EPFO establishment.
GST
Intuit India Product Development Centre has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI4391P1ZV | Karnataka | Active | 01 Jul 2017 |
| 29AACCI4391P2ZU | Karnataka | Active | 07 Jul 2017 |
| 29AACCI4391P3ZT | Karnataka | Active | 03 Mar 2025 |
To see the full GST registrations and return filing status of Intuit India Product Development Centre Private Limited, buy the company report.
Recent activity
Intuit India Product Development Centre Private Limited has 20 board changes on record since 2011: 4 appointments and 16 cessations. The latest: Gavin Anthony Buckley ceased to be Additional Director on 29 Sep 2024.
11 earlier events are in the company report.
News
Frequently asked questions
Intuit India Product Development Centre is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 October 2010 (16+ years old) and is registered under CIN U72200KA2010PTC055461.
Intuit India Product Development Centre has 4 current directors:
- Tyler Ralph Cozzens - Director
- Saurabh Saxena - Director
- Gavin Anthony Buckley - Director
- Santhosh Kumar - Director
The latest financial statements of Intuit India Product Development Centre on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Intuit India Product Development Centre is 29AACCI4391P1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AACCI4391P2ZU (Karnataka), 29AACCI4391P3ZT (Karnataka).
The CIN (Corporate Identification Number) of Intuit India Product Development Centre is U72200KA2010PTC055461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intuit India Product Development Centre was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Intuit India Product Development Centre has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.06 Cr; the latest was in March 2019.
The peers of Intuit India Product Development Centre by revenue are Shezar Web Technologies Private Limited, RSB Industries Private Limited, Fiserv India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Gavin Anthony Buckley ceased to be Additional Director on 29 Sep 2024. Gavin Anthony Buckley was appointed as Director on 07 Nov 2023. Stacey Lynn Slover ceased to be Additional Director on 31 Oct 2022. Intuit India Product Development Centre has 20 board changes on record in total.
Intuit India Product Development Centre has 14 MSME Form 1 returns on record between 2019 and 2024, listing 259 overdue payments to 40 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Intuit India Product Development Centre can be reached through the website intuit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Intuit India Product Development Centre is at Campus 4A Pritech Park Ecospace 7th Floor Bellandur Village Varthur Hubli Bangal, Ore East, Bangalore, Karnataka, India – 560103.
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