Fortune India 500 2025 edition
Rank#196- Total income
- ₹14,165 Cr
- Profit
- ₹-1,508 Cr
Instakart Services Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12,431 Cr
▼ 4% YoY
Net loss · FY 2024
₹1,718.4 Cr
Net margin -13.8%
EBITDA · FY 2024
-₹312 Cr
EBITDA margin -2.5%
Authorised capital
₹4,006.6 Cr
Registered with MCA
Paid-up capital
₹2,063.43 Cr
Issued & subscribed
Open charges
₹14.99 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
11,114
Provident fund records
About Instakart Services Private Limited
Data last updated:
Instakart Services Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Klick2shop Logistics Services International Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 08 June 2015 and has been in existence for over 11 years.
Instakart Services is ranked #196 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080778. Its GSTIN is 29AADCI8374D1ZC (Karnataka). The company holds 41 GST registrations, of which 32 are active.
The company has an authorised share capital of ₹4,006.6 Cr and a paid-up capital of ₹2,063.43 Cr. It is led by directors including Kolla Prabhakar (Whole-Time Director) and Anil Kumar Nambiar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Buildings Alyssa Begonia & Clover Embassy Tech Village Outer Ring Road, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2024, the company reported a revenue of ₹12,431 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹1,718.4 Cr (net margin -13.8%) and EBITDA of -₹312 Cr (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.
The company has about 11,114 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ekart Logistics. As per MCA filings, the company has open charges of ₹14.99 Cr on record. Court records list 283 cases involving the company, including 172 filed by the company and 111 filed against it; 113 cases are pending. The company has 9 deals on record (8 rights issues, 1 secondary share transfer); the latest was in April 2025. The company has 171 MSME Form 1 returns on record between 2016 and 2024, listing 60,245 overdue payments to 1,515 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ekartlogistics.com.
Company details
CIN U74900KA2015PTC080778
Registration Number 080778
Incorporation Date 08 June 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Klick2shop Logistics Services International Private Limited
Compliance Status Active Compliant
Key People
Kolla Prabhakar Whole-Time Director Anil Kumar Nambiar Whole-Time Director Hemant Gundopant Badri Director Recognitions & Rankings of Instakart Services
Contact details
Instakart Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is ekartlogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBuildings Alyssa Begonia & Clover Embassy Tech Village Outer Ring Road, Bengaluru, Karnataka, India – 560103
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Instakart Services Private Limited, buy the company report.
Comprehensive company report
Instakart 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
Instakart Services operates one associated brand: Ekart Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end fulfillment solutions for businesses | ekartlogistics.in |
Business activity
The main business activity of Instakart Services is transport and storage. In detail, this covers postal & courier activities and warehousing and storage. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | |
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Instakart Services Private Limited, buy the company report.
Financials of Instakart Services Private Limited
FY 2025 filings availableInstakart Services Private Limited reported revenue of ₹12,431 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹12,431 Cr ▼ 4%
Net loss · FY 2024
₹1,718.4 Cr margin -13.8%
EBITDA · FY 2024
-₹312 Cr margin -2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 129%
5 years · compounded
▼ 21%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 129% 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 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 | ₹12,431 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹312 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,718.4 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -13.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Instakart Services Private Limited, buy the company report.
Board of directors of Instakart Services Private Limited
Instakart Services has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kolla Prabhakar | Whole-Time Director | 06 Dec 2019 | 6 Years 10 Months | Current |
| Anil Kumar Nambiar | Whole-Time Director | 11 Nov 2024 | 1 Years 11 Months | Current |
| Hemant Gundopant Badri Also directs: 63Ideas Infolabs Private Limited | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Instakart Services Private Limited is audited by S. R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Associates LLP | FY 2024 | 101049W / E300004 |
Shareholding
The shareholding of Instakart Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Instakart Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2018 | 100170934 | Hdfc Bank Limited | ₹14.99 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Instakart Services Private Limited has 9 deals on record (8 rights issues, 1 secondary share transfer); the latest was in April 2025.
Total deals
9
Rights issues
8
Secondary share transfer
1
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Rights issue | ₹2,091 Cr | Investors: Klick2shop Logistics Services International Pte Limited |
| Apr 2025 | Rights issue | ₹1,155 Cr | Investors: Klick2shop Logistics Services International Pte Limited |
| Jan 2025 | Rights issue | ₹422 Cr | Investors: Klick2shop Logistics Services International Pte Limited |
| Mar 2024 | Rights issue | ₹424.12 Cr | Investors: Klick2shop Logistics Services International Pte Limited |
| Jan 2022 | Rights issue | ₹73.55 Cr | Investors: Klick2shop Logistics Services International Pte Limited |
To see the full deal history of Instakart Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Instakart Services Private Limited has 283 court cases on record: 172 filed by Instakart Services, 111 filed against it. 113 cases are pending and 170 are disposed.
Total cases
283
Filed by the company
172
Filed against the company
111
Pending
113
Disposed
170
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 164 | 73 | 61 |
| High courts | 109 | 35 | 48 |
| NCLT | 5 | 0 | 0 |
| Supreme Court | 4 | 3 | 3 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 283)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed against the company by M/S Logbiz Private Limited and 1 other | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S. Daikin Airconditioning India Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Topex Express Solutions Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Myzipkart Logistics Private Limited | Pending |
| Patna High Court | Court case (CWJC) | Filed by the company against M/S Sopi Services Private Limited, and 1 other | Pending |
To see the full case history of Instakart Services 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
Instakart Services Private Limited has 171 MSME Form 1 returns on record between 2016 and 2024, listing 60,245 overdue payments to 1,515 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 1,515)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Enbolt Labs Private Limited | |||
| Umang Fabrics | |||
| an individual supplier | |||
| Teknologikol Logistics Private Limited |
To see the full MSME payment records of Instakart Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Instakart Services Private Limited has a workforce of 11,114 employees on its EPFO records as of Oct 10, 2025, across 2 active EPFO establishments.
Employee count
11,114
Active EPFO establishments
2
Employee growth
8.43%
GST
Instakart Services has 41 GST registrations: 32 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
41
Active
32
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI8374D1ZC | Karnataka | Active | 01 Jul 2017 |
| 29AADCI8374D2ZB | Karnataka | Active | 06 Jul 2017 |
| 04AADCI8374D1ZO | Chandigarh | Active | 01 Jul 2017 |
| 05AADCI8374D1ZM | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Instakart Services Private Limited, buy the company report.
Recent activity
Instakart Services Private Limited has 15 board changes on record since 2016: 3 appointments and 12 cessations. The latest: Anil Kumar Nambiar was appointed as Whole-Time Director on 11 Nov 2024.
AGM
Instakart Services Private Limited last Annual general meeting of members was held on 24 Jul 2025 as per latest MCA records.
Filing
Instakart Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anil Kumar Nambiar was appointed as Whole-Time Director.
Appointed
Hemant Gundopant Badri was appointed as Director.
Ceased
Satyam Choudhary ceased to be Director.
Appointed
Kolla Prabhakar was appointed as Whole-Time Director.
Ceased
Amitesh Kumar Jha ceased to be Additional Director.
Ceased
Ashish Kumar Gupta ceased to be Director.
Ceased
Abhay Maheshwari ceased to be Additional Director.
Ceased
Dinesh Verma ceased to be Additional Director.
Ceased
Bhavana Shetty ceased to be Company Secretary.
Ceased
Nishant Verman ceased to be Director.
7 earlier events are in the company report.
News
Frequently asked questions
Instakart Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 08 June 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080778.
Instakart Services has 3 current directors:
- Kolla Prabhakar - Whole-Time Director
- Anil Kumar Nambiar - Whole-Time Director
- Hemant Gundopant Badri - Director
The latest financial statements of Instakart Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 July 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Instakart Services is 29AADCI8374D1ZC, registered in Karnataka. The company has 41 GST registrations in all, of which 32 are active and 9 are cancelled or inactive. Other active GSTINs include 29AADCI8374D2ZB (Karnataka), 04AADCI8374D1ZO (Chandigarh), 05AADCI8374D1ZM (Uttarakhand).
The CIN (Corporate Identification Number) of Instakart Services is U74900KA2015PTC080778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instakart Services has 283 court cases on record: 172 filed by the company and 111 filed against it. 113 are pending. Most are in the district courts.
Instakart Services was incorporated on 08 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Instakart Services has 9 deals on record (8 rights issues, 1 secondary share transfer); the latest was in April 2025.
Anil Kumar Nambiar was appointed as Whole-Time Director on 11 Nov 2024. Hemant Gundopant Badri was appointed as Director on 07 Dec 2021. Satyam Choudhary ceased to be Director on 14 Jan 2021. Instakart Services has 15 board changes on record in total.
Instakart Services has 171 MSME Form 1 returns on record between 2016 and 2024, listing 60,245 overdue payments to 1,515 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Instakart Services can be reached through the website ekartlogistics.com. Its registered office is in Bengaluru, Karnataka, India.