MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0000808
Itchamps Software Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.2 Cr
▲ 8% YoY
Net profit · FY 2025
₹11.76 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹1.19 Cr
EBITDA margin 12.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.36 Cr
Satisfied ₹50 Lakh
Company age
21 yrs
Est. 2005
Employees · EPFO
77
Provident fund records
About Itchamps Software Private Limited
Data last updated:
Itchamps Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC035563. Its GSTIN is 29AABCI5183N1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sharada Srivatsava Kutnikar and Rajesh Kutnikar Srivatsava.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #18 Novel Msr Park Sy No. 93/9, Varthur Main Road Munnekolalu Marathahalli Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.2 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.76 Lakh (net margin 1.3%) and EBITDA of ₹1.19 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ITChamps. As per MCA filings, the company has open charges of ₹6.36 Cr and satisfied charges of ₹50 Lakh on record.
Itchamps Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0000808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itchamps.com.
Company details
CIN U72200KA2005PTC035563
Registration Number 035563
Incorporation Date 08 February 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0000808
Key People
Sharada Srivatsava Kutnikar Director Rajesh Kutnikar Srivatsava Director Prajakta Kutnikar Rajesh Director Recognitions & Rankings of Itchamps Software
Contact details
Itchamps Software Private Limited's registered office is in Bangalore, Karnataka. Its website is itchamps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#18 Novel Msr Park Sy No. 93/9, Varthur Main Road Munnekolalu Marathahalli Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Itchamps Software Private Limited, buy the company report.
Comprehensive company report
Itchamps Software 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
Itchamps Software operates one associated brand: ITChamps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SAP consulting, training, cloud transformation, automation, and payroll services. | itchamps.com |
Business activity
The main business activity of Itchamps Software is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Itchamps Software Private Limited, buy the company report.
Financials of Itchamps Software Private Limited
FY 2025 filings availableItchamps Software Private Limited reported revenue of ₹9.2 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹9.2 Cr ▲ 8%
Net profit · FY 2025
₹11.76 Lakh margin 1.3%
EBITDA · FY 2025
₹1.19 Cr margin 12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 4%
5 years · compounded
▲ 7%
EBITDA CAGR growth
3 years · compounded
▼ 6%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 8% growth 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 | ₹1.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.76 Lakh | ||||
| 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 | 12.9% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Itchamps Software Private Limited, buy the company report.
Board of directors of Itchamps Software Private Limited
Itchamps Software 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 |
|---|---|---|---|---|
| Sharada Srivatsava Kutnikar Also directs: Vikshakthi Pharma Labs Private Limited | Director | 16 Sep 2010 | 16 Years 1 Months | Current |
| Rajesh Kutnikar Srivatsava Also directs: Sweatsocial LLP, Vikshakthi Pharma Labs Private Limited, Kaleidosphere Tech Private Limited and 1 more | Director | 08 Feb 2005 | 21 Years 9 Months | Current |
| Prajakta Kutnikar Rajesh Also directs: Kaleidosphere Tech Private Limited | Director | 08 Feb 2005 | 21 Years 9 Months | Current |
Auditor
Itchamps Software Private Limited is audited by RAGHUNANDAN VYAS & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHUNANDAN VYAS & ASSOCIATES | FY 2024 | 023079S |
Shareholding
The shareholding of Itchamps Software 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 Itchamps Software Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.36 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100924982 | Hdfc Bank Limited | ₹19.94 Lakh | Open | |
| 02 Dec 2022 | 100649575 | Axis Bank Limited | ₹3.31 Cr | Open | |
| 22 Feb 2022 | 100549642 | Hdfc Bank Limited | ₹74.99 Lakh | Open | |
| 16 Jun 2020 | 100340994 | Sidbi | ₹25 Lakh | Open | |
| 13 Jun 2018 | 100186752 | Hdfc Bank Limited | ₹1.86 Cr | Open |
To see the full charge records of Itchamps Software Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Itchamps Software 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
No delayed payments to MSME suppliers are on our record for Itchamps Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Itchamps Software has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI5183N1Z0 | Karnataka | Active | 01 Jul 2017 |
| 27AABCI5183N1Z4 | Maharashtra | Active | 06 May 2022 |
To see the full GST registrations and return filing status of Itchamps Software Private Limited, buy the company report.
Recent activity
Itchamps Software Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Srivatsava Gajanana Rao Kutnikar ceased to be Director on 06 Apr 2019.
AGM
Itchamps Software Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Filing
Itchamps Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.94 Lakh with Charge ID 100924982 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 330.72 Lakh with Charge ID 100649575 was registered on 02 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 74.99 Lakh with Charge ID 100549642 was registered on 22 Feb 2022.
Charges
A charge with Sidbi amounted to Rs. 25.00 Lakh with Charge ID 100340994 was registered on 16 Jun 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 185.75 Lakh registered on 13 Jun 2018 with Charge ID 100186752 was modified on 08 Jun 2020.
Ceased
Srivatsava Gajanana Rao Kutnikar ceased to be Director.
Charges
A charge registered on 05 Jul 2012 via Charge ID 10368367 with Axis Bank Limited was fully satisfied on 31 Jan 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 185.75 Lakh with Charge ID 100186752 was registered on 13 Jun 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 10368367 was registered on 05 Jul 2012.
Appointed
Sharada Srivatsava Kutnikar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Itchamps Software is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 February 2005 (21+ years old) and is registered under CIN U72200KA2005PTC035563.
Itchamps Software has 3 current directors:
- Sharada Srivatsava Kutnikar - Director
- Rajesh Kutnikar Srivatsava - Director
- Prajakta Kutnikar Rajesh - Director
The latest financial statements of Itchamps Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Itchamps Software is 29AABCI5183N1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCI5183N1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Itchamps Software is U72200KA2005PTC035563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itchamps Software was incorporated on 08 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Srivatsava Gajanana Rao Kutnikar ceased to be Director on 06 Apr 2019. Sharada Srivatsava Kutnikar was appointed as Director on 16 Sep 2010. Prajakta Kutnikar Rajesh was appointed as Director on 08 Feb 2005. Itchamps Software has 4 board changes on record in total.
Yes, Itchamps Software is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0000808).
Itchamps Software can be reached through the website itchamps.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Itchamps Software is at #18 Novel Msr Park Sy No. 939, Varthur Main Road Munnekolalu Marathahalli Bangalore, Karnataka, India – 560037.
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