About Koreiq Technologies Private Limited
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Koreiq Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC137335.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Kanshal Nitin and Nalin Kanshal.
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 No.35 Ashtagrama Layout Basaveshwaranagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 0.4%) and EBITDA of ₹4.31 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
The company is associated with 1 brand: KoreIQ.
For more details, the company can be reached via its website koreiq.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressNo.35 Ashtagrama Layout Basaveshwaranagar, Bangalore, Karnataka, India – 560079
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Koreiq Technologies Private Limited
The main business activity of Koreiq Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Koreiq Technologies Private Limited FY 2025 filings available
Koreiq Technologies Private Limited reported revenue of ₹2.38 Cr (up 234% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Koreiq Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years, including 234% growth in the latest year. EBITDA fell 84% 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 Koreiq 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 | ₹4.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 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 Koreiq Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Koreiq Technologies are in the company report.
Financial statements from FY 2021
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 Koreiq Technologies Private Limited
Koreiq Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Design Technologies Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Kvar Technologies Private Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Teqnezma Electronics Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Barwala, Haryana, India |
| Recos Sensors & Control Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kalol, Gujarat, India |
| Cyber Labs Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Chandigarh, India |
| Koreiq Technologies Private Limited this company | ₹2.38 Cr (FY 2025) | •••• | •••• | 234.0% | •••• | Bangalore, Karnataka, India |
| Neuvin Electronics Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Gurgaon, Haryana, India |
| Technophile Automation Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Vadodara, Gujarat, India |
| Linkedloops Technologies Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| Spontane Technologies Private Limited | ₹2.36 Cr (FY 2022) | •••• | •••• | 1434.0% | •••• | Pune, Maharashtra, India |
| Eifers Process Automation Private Limited | ₹2.36 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Koreiq Technologies by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Koreiq Technologies Private Limited
Koreiq Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanshal Nitin Also directs: Elpro Energy Dimensions Private Limited | Director | 17 Aug 2020 | 6 Years 1 Months | Current |
| Nalin Kanshal Also directs: Elpro Energy Dimensions Private Limited | Director | 17 Aug 2020 | 6 Years 1 Months | Current |
| Ramesh Singh Also directs: Elpro Energy Dimensions Private Limited | Director | 17 Aug 2020 | 6 Years 1 Months | Current |
Charges & Borrowings of Koreiq Technologies Private Limited
Koreiq Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Koreiq Technologies Private Limited
Koreiq Technologies operates one associated brand: KoreIQ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for diversified smart city initiatives. | koreiq.com |
Employees and EPFO Compliance at Koreiq Technologies Private Limited
Employment history and EPFO contributions of people linked to Koreiq Technologies.
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.
Recent Activity on Koreiq Technologies Private Limited
Koreiq Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Kanshal Nitin was appointed as Director on 17 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Koreiq 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 Koreiq 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 Koreiq 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 Koreiq Technologies Private Limited
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 Koreiq 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 Koreiq Technologies Private Limited
Koreiq Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 August 2020 (6+ years old) and is registered under CIN U74999KA2020PTC137335.
Koreiq Technologies reported revenue of ₹2.38 Cr for FY 2025 (up 234% YoY).
Koreiq Technologies has 3 current directors:
- Kanshal Nitin - Director
- Nalin Kanshal - Director
- Ramesh Singh - Director
Koreiq Technologies reported a net profit of ₹1.04 Lakh (net margin 0.4%) and EBITDA of ₹4.31 Lakh (EBITDA margin 1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Koreiq Technologies is 69% over three years. In the latest year (FY 2025) revenue rose 234%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Koreiq Technologies is U74999KA2020PTC137335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koreiq Technologies was incorporated on 17 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Koreiq Technologies by revenue are Jupiter Design Technologies Private Limited, Kvar Technologies Private Limited, Teqnezma Electronics Private Limited, Recos Sensors & Control Private Limited, Cyber Labs Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Kanshal Nitin was appointed as Director on 17 Aug 2020. Nalin Kanshal was appointed as Director on 17 Aug 2020. Ramesh Singh was appointed as Director on 17 Aug 2020.
Yes, Koreiq Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Koreiq Technologies can be reached through the website koreiq.com. Its registered office is in Bangalore, Karnataka, India.