Mashreq Global Services Private Limited

Mashreq Global Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2005PTC036843 Incorporated 26 July 2005 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹632.41 Cr
▲ 18% YoY
Net profit · FY 2025
₹65.85 Cr
Net margin 10.4%
EBITDA · FY 2025
₹97.75 Cr
EBITDA margin 15.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹19.6 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
1,694
Provident fund records
Directors on board
5
As per MCA filings

About Mashreq Global Services Private Limited

Data last updated:

Mashreq Global Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mindscape Fz Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 July 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036843. Its GSTIN is 29AACCN1427D1ZS (Karnataka).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹19.6 Lakh. It was formerly known as Bild Ur Pc (India) Private Limited and Nextedge Software Solutions Private Limited. It is led by directors including Nagajyothi Bathula (Managing Director) and Sankaranarayanan Krishnapuram Srinivasan.

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 3rd Floor Crescent 2 Prestige Shantiniketan Itpl Main Road Whitefield, Bangalore, Karnataka, India – 560048.

As per the financials filed for FY 2025, the company reported a revenue of ₹632.41 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹65.85 Cr (net margin 10.4%) and EBITDA of ₹97.75 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 34% over five years.

The company has about 1,694 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mashreq Bank.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mashreqbank.com.

Company details

CIN U72200KA2005PTC036843
Registration Number 036843
Incorporation Date 26 July 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Mindscape Fz Llc
Compliance Status Active Compliant

Name history

Mashreq Global Services has undergone 2 name changes throughout its history. The company was previously known as Bild Ur Pc (India) Private Limited, and Nextedge Software Solutions Private Limited. The current legal name is Mashreq Global Services Private Limited.

Company NameStatus
Mashreq Global Services Private LimitedCurrent
Bild Ur Pc (India) Private LimitedPrevious
Nextedge Software Solutions Private LimitedPrevious

Contact details

Mashreq Global Services Private Limited's registered office is in Bangalore, Karnataka. Its website is mashreqbank.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    3rd Floor Crescent 2 Prestige Shantiniketan Itpl Main Road Whitefield, Bangalore, Karnataka, India – 560048
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Mashreq Global Services Private Limited, buy the company report.

Comprehensive company report
Mashreq Global Services 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

Mashreq Global Services operates one associated brand: Mashreq Bank. Each brand links to its own profile.

BrandDescriptionWebsite
Commercial banking services are offered to individuals and businesses internationally.mashreqbank.com

Business activity

The main business activity of Mashreq Global Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Mashreq Global Services Private Limited, buy the company report.

Financials of Mashreq Global Services Private Limited

FY 2024 filings available

Mashreq Global Services Private Limited reported revenue of ₹632.41 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹632.41 Cr ▲ 18%
Net profit · FY 2025
₹65.85 Cr margin 10.4%
EBITDA · FY 2025
₹97.75 Cr margin 15.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 32%
5 years · compounded
▲ 34%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 18% growth in the latest year. EBITDA rose 21% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹97.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹65.85 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.5%
Net Profit Margin10.4%
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

To see the full financial statements and ratios of Mashreq Global Services Private Limited, buy the company report.

Board of directors of Mashreq Global Services Private Limited

Mashreq Global Services has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sankaranarayanan Krishnapuram SrinivasanDirector09 Feb 20242 Years 9 MonthsCurrent
Norman Raymond TambachAdditional Director28 Feb 20242 Years 8 MonthsCurrent
Mark Jonathan David EdwardsDirector05 Jul 20215 Years 4 MonthsCurrent
Nagajyothi BathulaManaging Director30 Sep 20251 Years 1 MonthsCurrent
Neeraj GroverDirector16 May 20179 Years 5 MonthsCurrent

Auditor

Mashreq Global Services Private Limited is audited by Singhvi Dev & Unni LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Singhvi Dev & Unni LLPFY 2022003867S/S200358

Shareholding

The shareholding of Mashreq Global Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mashreq Global Services Private Limited, buy the company report.

MSME payment delays

Mashreq Global Services Private Limited has 20 MSME Form 1 returns on record between 2022 and 2024, listing 1,028 overdue payments to 55 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 55)

SupplierAmount dueDue sinceReported on
Andor Tech (India) Private Limited
JCSS & Associates LLP
Visvas Voyages (India) Private Limited
Benir E Store Solutions Private Limited
Keabis Tech Private Limited

To see the full MSME payment records of Mashreq Global Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mashreq Global Services Private Limited has a workforce of 1,694 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
1,694
Active EPFO establishments
1
Employee growth
-7.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271,694
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Mashreq Global Services Private Limited, buy the company report.

GST

Mashreq Global Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCN1427D1ZSKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Mashreq Global Services Private Limited, buy the company report.

Recent activity

Mashreq Global Services Private Limited has 23 board changes on record since 2007: 5 appointments and 18 cessations. The latest: Nagajyothi Bathula was appointed as Managing Director on 30 Sep 2025.

Appointed
Nagajyothi Bathula was appointed as Managing Director.
Ceased
Nagajyothi Bathula ceased to be Additional Director.
AGM
Mashreq Global Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sankaranarayanan Krishnapuram Srinivasan ceased to be Additional Director.
Filing
Mashreq Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ali Raza Khan ceased to be Director.
Appointed
Norman Raymond Tambach was appointed as Additional Director.
Appointed
Sankaranarayanan Krishnapuram Srinivasan was appointed as Director.
Ceased
Mark Jonathan David Edwards ceased to be Additional Director.
Appointed
Mark Jonathan David Edwards was appointed as Director.
Ceased
Mohua Sengupta ceased to be Additional Director.
Ceased
Nitin Bhargava ceased to be Director.

14 earlier events are in the company report.

Frequently asked questions

Mashreq Global Services 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 26 July 2005 (21+ years old) and is registered under CIN U72200KA2005PTC036843.

Mashreq Global Services has 5 current directors:

The latest financial statements of Mashreq Global Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Mashreq Global Services is 29AACCN1427D1ZS, registered in Karnataka.

The CIN (Corporate Identification Number) of Mashreq Global Services is U72200KA2005PTC036843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mashreq Global Services was incorporated on 26 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.

Nagajyothi Bathula was appointed as Managing Director on 30 Sep 2025. Nagajyothi Bathula ceased to be Additional Director on 10 Dec 2024. Sankaranarayanan Krishnapuram Srinivasan ceased to be Additional Director on 29 Sep 2024. Mashreq Global Services has 23 board changes on record in total.

Mashreq Global Services has 20 MSME Form 1 returns on record between 2022 and 2024, listing 1,028 overdue payments to 55 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Mashreq Global Services can be reached through the website mashreqbank.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Mashreq Global Services is at 3rd Floor Crescent 2 Prestige Shantiniketan Itpl Main Road Whitefield, Bangalore, Karnataka, India – 560048.

Mashreq Global Services operates in the information technology industry, in the IT consulting and support services segment.