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Iot Monks Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.36 Lakh
▲ 69% YoY
Net loss · FY 2024
₹8.8 Cr
Latest filing
EBITDA · FY 2024
-₹8.54 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.24 Lakh
Issued & subscribed
Open charges
₹2.09 Cr
Satisfied ₹4.85 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
40
Provident fund records
About Iot Monks Private Limited
Data last updated:
Iot Monks Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117517. Its GSTIN is 29AAFCI0315J1ZO (Karnataka). 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 ₹4.24 Lakh. It is led by directors including Hebbale Ramaprasad Sanath Kumar and Pragadheesh Raj.
Its last annual general meeting (AGM) was held on 12 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #480 First Floor 6th Cross Bhuvaneshwarinagar, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.36 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net loss of ₹8.8 Cr and EBITDA of -₹8.54 Cr. Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 20% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smitch. As per MCA filings, the company has open charges of ₹2.09 Cr and satisfied charges of ₹4.85 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 10 deals on record (4 funding rounds, 3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹39.44 Cr; the latest was in April 2022.
Iot Monks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0004568). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mysmitch.com.
Company details
CIN U74999KA2018PTC117517
Registration Number 117517
Incorporation Date 12 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0004568
Key People
Hebbale Ramaprasad Sanath Kumar Director Pragadheesh Raj Director Jaideep Krishna Director Recognitions & Rankings of Iot Monks
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0004568
Contact details
Iot Monks Private Limited's registered office is in Bangalore, Karnataka. Its website is mysmitch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address#480 First Floor 6th Cross Bhuvaneshwarinagar, Bangalore, Karnataka, India – 560024
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Iot Monks Private Limited, buy the company report.
Comprehensive company report
Iot Monks 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
Iot Monks operates one associated brand: Smitch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart home automation products including bulbs and plugs are provided. | mysmitch.com |
Business activity
The main business activity of Iot Monks is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Iot Monks Private Limited, buy the company report.
Financials of Iot Monks Private Limited
FY 2025 filings availableIot Monks Private Limited reported revenue of ₹14.36 Lakh (up 69% YoY) for FY 2024.
Revenue · FY 2024
₹14.36 Lakh ▲ 69%
Net loss · FY 2024
₹8.8 Cr
EBITDA · FY 2024
-₹8.54 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 69%
3 years · compounded
▼ 77%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 4%
5 years · compounded
▼ 90%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 69% growth in the latest year. EBITDA fell 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8.54 Cr | ||||
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| Net Profit (PAT) | -₹8.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Iot Monks Private Limited, buy the company report.
Board of directors of Iot Monks Private Limited
Iot Monks has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hebbale Ramaprasad Sanath Kumar Also directs: Arivos Ventures LLP, Vyb Lifestyle Private Limited, Deep Holistics India Private Limited and 1 more | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
| Pragadheesh Raj Also directs: Arivos Ventures LLP | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
| Jaideep Krishna | Director | 31 Oct 2019 | 6 Years 11 Months | Current |
Auditor
Iot Monks Private Limited is audited by KARTHIKEYAN & JAYARAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHIKEYAN & JAYARAM | FY 2023 | 007570S |
Shareholding
The shareholding of Iot Monks Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Iot Monks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.09 Cr
Satisfied charges
₹4.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2020 | 100383237 | Hdfc Bank Limited | ₹2.09 Cr | Open | |
| 11 Aug 2022 | 100633320 | Others | ₹25 Lakh | Satisfied | |
| 31 Jul 2021 | 100463566 | Others | ₹4 Cr | Satisfied | |
| 20 Jan 2021 | 100443948 | Others | ₹59.75 Lakh | Satisfied |
To see the full charge records of Iot Monks Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Iot Monks Private Limited has 10 deals on record (4 funding rounds, 3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹39.44 Cr; the latest was in April 2022.
Total deals
10
Funding rounds
4
Convertible or debt financings
3
Debt financing
1
Rights issue
1
Disclosed funding
₹39.44 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Debt financing | ₹59.7 Lakh | Investors: 4 individuals |
| Mar 2020 | Funding round | ₹5.2 Cr | Investors: LVX (LetsVenture), Anthill Ventures, 2 individuals |
| Jan 2020 | Rights issue | ₹70.2 Lakh | Investors: 2 individuals |
| Oct 2019 | Funding round | ₹69.8 Lakh | Investors: an individual |
| Apr 2019 | Funding round | ₹2.99 Cr | Investors: LVX (LetsVenture), 3 individuals |
To see the full deal history of Iot Monks 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
Iot Monks Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
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 | Interim or miscellaneous application | Filed against the company by G7 CR Technologies Private Limited | Pending |
To see the full case history of Iot Monks 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 Iot Monks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iot Monks Private Limited has a workforce of 40 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
48.15%
GST
Iot Monks has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI0315J1ZO | Karnataka | Active | 07 Jan 2019 |
| 33AAFCI0315J1ZZ | Tamil Nadu | Active | 08 Mar 2019 |
To see the full GST registrations and return filing status of Iot Monks Private Limited, buy the company report.
Recent activity
Iot Monks Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Jaideep Krishna ceased to be Additional Director on 31 Dec 2019.
AGM
Iot Monks Private Limited last Annual general meeting of members was held on 12 Oct 2025 as per latest MCA records.
Filing
Iot Monks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 11 Aug 2022 via Charge ID 100633320 with Others was fully satisfied on 19 Jul 2023.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100633320 was registered on 11 Aug 2022.
Charges
A charge registered on 31 Jul 2021 via Charge ID 100463566 with Others was fully satisfied on 11 Aug 2022.
Charges
A charge registered on 20 Jan 2021 via Charge ID 100443948 with Others was fully satisfied on 13 Jun 2022.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100463566 was registered on 31 Jul 2021.
Charges
A charge with Others amounted to Rs. 59.75 Lakh with Charge ID 100443948 was registered on 20 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 209.49 Lakh with Charge ID 100383237 was registered on 27 Oct 2020.
Ceased
Jaideep Krishna ceased to be Additional Director.
Appointed
Jaideep Krishna was appointed as Director.
Appointed
Hebbale Ramaprasad Sanath Kumar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Iot Monks is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117517.
Iot Monks has 3 current directors:
- Hebbale Ramaprasad Sanath Kumar - Director
- Pragadheesh Raj - Director
- Jaideep Krishna - Director
The latest financial statements of Iot Monks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 October 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Iot Monks is 29AAFCI0315J1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCI0315J1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Iot Monks is U74999KA2018PTC117517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iot Monks has 1 court case on record: 1 filed against it. 1 is pending.
Iot Monks was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Iot Monks has 10 deals on record (4 funding rounds, 3 convertible or debt financings, 1 debt financing), with disclosed funding of ₹39.44 Cr; the latest was in April 2022.
Jaideep Krishna ceased to be Additional Director on 31 Dec 2019. Jaideep Krishna was appointed as Director on 31 Oct 2019. Hebbale Ramaprasad Sanath Kumar was appointed as Director on 12 Oct 2018. Iot Monks has 4 board changes on record in total.
Yes, Iot Monks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).