About Koireader Technologies Private Limited
Data last updated:
Koireader Technologies Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 08 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC121221. Its GSTIN is 29AAHCK4901G1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vivek Prasad and Nitin Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.45 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹63.04 Lakh (net margin 8.5%) and EBITDA of ₹78.81 Lakh (EBITDA margin 10.6%).
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Koi Reader.
For more details, the company can be reached via its website koireader.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHd – 200 Wework Salarpuria Magnificia Tin Factory 78, Old Madras Road Dooravaninagar Mahadevapura Next To Kr Puram, Bangalore North, Karnataka, India – 560016
- IndustryInformation Technology, Web Design & Maintenance 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 Koireader Technologies Private Limited
The main business activity of Koireader Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Koireader Technologies Private Limited FY 2025 filings available
Koireader Technologies Private Limited reported revenue of ₹7.45 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Koireader Technologies Private Limited
Revenue rose 52% in the latest year. EBITDA fell 1% 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 Koireader Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹78.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.04 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 Koireader Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 Koireader Technologies are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Koireader Technologies Private Limited
Koireader Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodcare IT Management Services Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Concept Infoway Private Limited | •••• | •••• | •••• | •••• | 52 | Ahmedabad, Gujarat, India |
| Ink Graph Techno Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Digicore Technologies Private Limited | •••• | •••• | •••• | •••• | 45 | Panvel, Maharashtra, India |
| Bil Sigma Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Koireader Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Savit Interactive Services Private Limited | •••• | •••• | •••• | •••• | 38 | Mumbai, Maharashtra, India |
| Semayra Web Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Solace Infotech Private Limited | •••• | •••• | •••• | •••• | 20 | Nasik, Maharashtra, India |
| Shisham Digital Media Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Fermat Commerce India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Koireader Technologies by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Koireader Technologies Private Limited
Koireader Technologies Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHARLES & CHANDRASEKAR | 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 Koireader Technologies Private Limited
Koireader Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Prasad Also directs: Moonscale Ventures LLP | Director | 08 Feb 2019 | 7 Years 7 Months | Current |
| Nitin Kumar | Director | 08 Feb 2019 | 7 Years 7 Months | Current |
| Himanshu Singh | Additional Director | 27 Jan 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Koireader Technologies 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 Koireader Technologies Private Limited
Koireader Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Koireader Technologies Private Limited
Koireader Technologies operates one associated brand: Koi Reader. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of AI-powered automation solutions for logistics and supply chain operations | koireader.com |
Employees and EPFO Compliance at Koireader Technologies Private Limited
Koireader Technologies Private Limited has a workforce of 31 employees as of Apr 05, 2024.
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.
News related to Koireader Technologies Private Limited
Recent Activity on Koireader Technologies Private Limited
Koireader Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Himanshu Singh was appointed as Additional Director on 27 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Koireader Technologies 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 Koireader Technologies 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 Koireader Technologies 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.
GST Compliance of Koireader Technologies Private Limited
Koireader Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCK4901G1ZJ | Karnataka | Active | 08 Mar 2023 |
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.
MCA Filings & Documents of Koireader Technologies 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.
Frequently Asked Questions about Koireader Technologies Private Limited
Koireader Technologies is an active private limited company based in Bangalore North, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 08 February 2019 (7+ years old) and is registered under CIN U72900KA2019PTC121221.
Koireader Technologies reported revenue of ₹7.45 Cr for FY 2025 (up 52% YoY).
Koireader Technologies has 3 current directors:
- Vivek Prasad - Director
- Nitin Kumar - Director
- Himanshu Singh - Additional Director
Koireader Technologies reported a net profit of ₹63.04 Lakh (net margin 8.5%) and EBITDA of ₹78.81 Lakh (EBITDA margin 10.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Koireader Technologies is 29AAHCK4901G1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Koireader Technologies is U72900KA2019PTC121221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koireader Technologies was incorporated on 08 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Koireader Technologies by revenue are Goodcare IT Management Services Private Limited, Concept Infoway Private Limited, Ink Graph Techno Private Limited, Digicore Technologies Private Limited, Bil Sigma Technologies Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Himanshu Singh was appointed as Additional Director on 27 Jan 2026. Nitin Kumar was appointed as Director on 08 Feb 2019. Vivek Prasad was appointed as Director on 08 Feb 2019.
Yes, Koireader Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Koireader Technologies can be reached through the website koireader.com. Its registered office is in Bangalore North, Karnataka, India.