
About Kwalee India Private Limited
Data last updated:
Kwalee India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Kwalee Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC137554. Its GSTIN is 29AAICK2541D1ZO (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.98 Cr and a paid-up capital of ₹8.98 Cr. It is led by directors including David Darling and Rafeeulla Shariff.
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, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.58 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.34 Cr (net margin 9.7%) and EBITDA of ₹7.87 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The company has about 205 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
For more details, the company can be reached via its website kwalee.com.
Company details
Contact details
Kwalee India Private Limited's registered office is in Bangalore, Karnataka. Its website is kwalee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address10th Floor Prestige Trinity Center Number 4, Gear School Road Adarsh Palm Retreat Doddakaneli, Bangalore, Karnataka, India – 560087
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kwalee India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Kwalee India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Kwalee India Private Limited, buy the company report.
Financials of Kwalee India Private Limited
FY 2025 filings availableKwalee India Private Limited reported revenue of ₹44.58 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 11% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.34 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kwalee India Private Limited, buy the company report.
Board of directors of Kwalee India Private Limited
Kwalee India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Darling | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
| Rafeeulla Shariff Also directs: Hlb-G Bengaluru LLP, Illig India Private Limited | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Jason Falcus | Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Kwalee India Private Limited is audited by Guru Jana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru Jana & Associates | FY 2023 | 025194S |
Shareholding
The shareholding of Kwalee India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kwalee India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2021 | 100503170 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Kwalee India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Kwalee India 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 Kwalee India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kwalee India Private Limited has a workforce of 205 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kwalee India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICK2541D1ZO | Karnataka | Active | 16 Oct 2020 |
To see the full GST registrations and return filing status of Kwalee India Private Limited, buy the company report.
Recent activity
Kwalee India Private Limited has 9 board changes on record since 2020: 4 appointments and 5 cessations. The latest: Jason Falcus ceased to be Additional Director on 29 Sep 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Kwalee India is an active foreign 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 22 August 2020 (6+ years old) and is registered under CIN U72900KA2020FTC137554.
Kwalee India has 3 current directors:
- David Darling - Director
- Rafeeulla Shariff - Director
- Jason Falcus - Director
The latest financial statements of Kwalee India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Kwalee India is 29AAICK2541D1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kwalee India is U72900KA2020FTC137554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwalee India has 1 court case on record: 1 filed against it.
Kwalee India was incorporated on 22 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Jason Falcus ceased to be Additional Director on 29 Sep 2025. Jason Falcus was appointed as Director on 26 Sep 2025. Matthew James Farrow ceased to be Additional Director on 17 Sep 2023. Kwalee India has 9 board changes on record in total.
Kwalee India can be reached through the website kwalee.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kwalee India is at 10th Floor Prestige Trinity Center Number 4, Gear School Road Adarsh Palm Retreat Doddakaneli, Bangalore, Karnataka, India – 560087.

