DPIIT recognised startup Government of India
Startup India
Mithra Increst Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.93 Lakh
▼ 89% YoY
Net loss · FY 2024
₹1.23 Cr
Net margin -135.8%
EBITDA · FY 2024
-₹93.73 Lakh
EBITDA margin -103.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.18 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
About Mithra Increst Private Limited
Data last updated:
Mithra Increst Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 18 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2018PTC116374. Its GSTIN is 29AAMCM0742L1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.18 Lakh. It is led by directors including Srirangarajan Krishnaiyengar Nagamangala (Managing Director) and Kalyani Malnad Srinivasa.
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 Sy. No. 34 Jyothy Institute Of Technology Campus Tataguni Off Kanakapura Road, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.93 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -135.8%) and EBITDA of -₹93.73 Lakh (EBITDA margin -103.1%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 1 brand: Mithrain Crest.
Mithra Increst Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0014950). For more details, the company can be reached via its website mithraincrest.com.
Company Details of Mithra Increst Private Limited
CIN U73100KA2018PTC116374
Registration Number 116374
Incorporation Date 18 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-02-0014950
Key People
Dibbur Nagesha Rao Subbukrishna Ceo Srirangarajan Krishnaiyengar Nagamangala Managing Director Kalyani Malnad Srinivasa Director Recognitions & Rankings of Mithra Increst
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0014950
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy. No. 34 Jyothy Institute Of Technology Campus Tataguni Off Kanakapura Road, Bangalore, Karnataka, India – 560082
- IndustryTravel and Hospitality, Consumer Professional Services
Comprehensive company report
Mithra Increst 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Mithra Increst Private Limited
Mithra Increst operates one associated brand: Mithrain Crest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial technologies development services are provided by MIPL. | mithraincrest.com |
Business Activity of Mithra Increst Private Limited
The main business activity of Mithra Increst is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Premium access
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 Mithra Increst Private Limited FY 2024 filings available
Mithra Increst Private Limited reported revenue of ₹90.93 Lakh (down 89% YoY) for FY 2024.
Revenue · FY 2024
₹90.93 Lakh ▼ 89%
Net loss · FY 2024
₹1.23 Cr margin -135.8%
EBITDA · FY 2024
-₹93.73 Lakh margin -103.1%
Compounded Annual Growth Rate (CAGR) of Mithra Increst Private Limited
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▼ 115%
3 years · compounded
▼ 145%
5 years · compounded
▼ 178%
Revenue fell 89% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 115% 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 Mithra Increst Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹93.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.23 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 of Mithra Increst Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -103.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -135.8% | •••• | •••• | •••• | •••• |
| 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 Mithra Increst are in the company report.
Premium access
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.
Board of Directors and KMP of Mithra Increst Private Limited
Mithra Increst Private Limited currently reports 3 directors and 1 key managerial person. 2 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyani Malnad Srinivasa | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Doddaballapur Srikantaiah Veena | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Dibbur Nagesha Rao Subbukrishna | Ceo | 15 Jan 2021 | 5 Years 9 Months | Current |
| Srirangarajan Krishnaiyengar Nagamangala | Managing Director | 18 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Mithra Increst Private Limited
Mithra Increst Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smate India Private Limited | ₹91.18 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Morning Vinimay Private Limited | ₹91.17 Lakh (FY 2025) | •••• | •••• | 7733.0% | •••• | Kolkata, West Bengal, India |
| Hollywood Laundry Service Private Limited | ₹91.13 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Sam Calibration Lab Private Limited | ₹91.08 Lakh (FY 2025) | •••• | •••• | 406.0% | •••• | Pardi, Gujarat, India |
| PSN My3 Analytical and Quality Services Private Limited | ₹91.07 Lakh (FY 2023) | •••• | •••• | 103.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Mithra Increst Private Limited this company | ₹90.93 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Bangalore, Karnataka, India |
| Authentic Investigation & Detective Private Limited | ₹90.92 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Findynamics Capital Solutions Private Limited | ₹90.89 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Salem, Tamil Nadu, India |
| Anavya Design Build Studio Private Limited | ₹90.85 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Moror AI Private Limited | ₹90.68 Lakh (FY 2021) | •••• | •••• | 2652.0% | •••• | Gurgaon, Haryana, India |
| Saara Mediatech Private Limited | ₹90.62 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Mithra Increst by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mithra Increst Private Limited
Mithra Increst Private Limited is audited by A N K H & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A N K H & ASSOCIATES | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Mithra Increst Private Limited
Premium access
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 Mithra Increst Private Limited
Mithra Increst Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mithra Increst Private Limited
Employment history and EPFO contributions of people linked to Mithra Increst.
Premium access
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 Mithra Increst Private Limited
Mithra Increst Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Dibbur Nagesha Rao Subbukrishna ceased to be Additional Director on 29 Nov 2021.
AGM
Mithra Increst Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mithra Increst Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Dibbur Nagesha Rao Subbukrishna ceased to be Additional Director.
Appointed
Dibbur Nagesha Rao Subbukrishna was appointed as CEO.
Ceased
Srirangarajan Krishnaiyengar Nagamangala ceased to be Director.
Appointed
Doddaballapur Srikantaiah Veena was appointed as Director.
Appointed
Kalyani Malnad Srinivasa was appointed as Director.
Appointed
Srirangarajan Krishnaiyengar Nagamangala was appointed as Managing Director.
Incorporation
18 Sep 2018
Mithra Increst Private Limited was registered on 18 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mithra Increst Private Limited
Premium access
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 Mithra Increst Private Limited
Premium access
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 Mithra Increst Private Limited
Premium access
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 Mithra Increst Private Limited
Mithra Increst has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM0742L1Z2 | Karnataka | Active | 15 Dec 2020 |
Premium access
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 Mithra Increst Private Limited
Premium access
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 Mithra Increst Private Limited
Mithra Increst is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 18 September 2018 (8+ years old) and is registered under CIN U73100KA2018PTC116374.
Mithra Increst reported revenue of ₹90.93 Lakh for FY 2024 (down 89% YoY).
Mithra Increst has 4 current directors and KMP:
- Srirangarajan Krishnaiyengar Nagamangala - Managing Director
- Kalyani Malnad Srinivasa - Director
- Doddaballapur Srikantaiah Veena - Director
- Dibbur Nagesha Rao Subbukrishna - Ceo
Mithra Increst reported a net loss of ₹1.23 Cr (net margin -135.8%) and EBITDA of -₹93.73 Lakh (EBITDA margin -103.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mithra Increst is 40% over three years. In the latest year (FY 2024) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mithra Increst is 29AAMCM0742L1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Mithra Increst is U73100KA2018PTC116374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithra Increst was incorporated on 18 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mithra Increst by revenue are Smate India Private Limited, Morning Vinimay Private Limited, Hollywood Laundry Service Private Limited, Sam Calibration Lab Private Limited, PSN My3 Analytical and Quality Services Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Dibbur Nagesha Rao Subbukrishna ceased to be Additional Director on 29 Nov 2021. Dibbur Nagesha Rao Subbukrishna was appointed as CEO on 15 Jan 2021. Srirangarajan Krishnaiyengar Nagamangala ceased to be Director on 15 Jan 2021. Mithra Increst has 6 board changes on record in total.
Yes, Mithra Increst is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).