Iotel Infotech Private Limited
About Iotel Infotech Private Limited
Data last updated:
Iotel Infotech Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2019PTC125449. Its GSTIN is 29AAFCI3151G1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishalakshi Kundapura and Jagadish Kundapura Gopala.
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 Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.34 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹10.12 Lakh (net margin 7.5%) and EBITDA of ₹14.74 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 185% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSy No 349 To 352 No 78/A Second Floor, Attiguppe Bbmp Ward No 40 1st Block Chandra Layout, Bangalore North, Karnataka, India – 560040
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Iotel Infotech Private Limited
The main business activity of Iotel Infotech is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Iotel Infotech Private Limited
Iotel Infotech Private Limited is audited by R. Narasimha Guptha for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. Narasimha Guptha | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iotel Infotech Private Limited
Iotel Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishalakshi Kundapura | Director | 04 Dec 2021 | 4 Years 10 Months | Current |
| Jagadish Kundapura Gopala | Director | 20 Jun 2019 | 7 Years 3 Months | Current |
Financials of Iotel Infotech Private Limited FY 2024 filings available
Iotel Infotech Private Limited reported revenue of ₹1.34 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Iotel Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 185% over three years, including 66% growth in the latest year. EBITDA rose 86% 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 of Iotel Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.12 Lakh | •••• | •••• | •••• | •••• |
| 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 of Iotel Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iotel Infotech are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Iotel Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iotel Infotech Private Limited
Iotel Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Iotel Infotech Private Limited
Employment history and EPFO contributions of people linked to Iotel Infotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Iotel Infotech Private Limited
Iotel Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI3151G1ZN | Karnataka | Active | 07 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Iotel Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iotel Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iotel Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iotel Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Iotel Infotech Private Limited
Frequently Asked Questions about Iotel Infotech Private Limited
Iotel Infotech is an active private limited company based in Bangalore North, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under CIN U55101KA2019PTC125449.
Iotel Infotech reported revenue of ₹1.34 Cr for FY 2024 (up 66% YoY).
Iotel Infotech has 2 current directors:
- Vishalakshi Kundapura - Director
- Jagadish Kundapura Gopala - Director
Iotel Infotech reported a net profit of ₹10.12 Lakh (net margin 7.5%) and EBITDA of ₹14.74 Lakh (EBITDA margin 11%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iotel Infotech is 185% over three years. In the latest year (FY 2024) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iotel Infotech is 29AAFCI3151G1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Iotel Infotech is U55101KA2019PTC125449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iotel Infotech was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Iotel Infotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).