- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0057363

About Itw Consulting Private Limited
Data last updated:
Itw Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Technology Frontiers (India) Private Limited. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 03 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U92410KA2011PTC058971. Its GSTIN is 06AACCI6306A1Z7 (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.82 Cr. It is led by directors including Bhairav Shanth (Managing Director) and Joshey John.
Its last annual general meeting (AGM) was held on 04 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 16/1 1st Floor Avs Compound 80 Feet Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹362.09 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹8.9 Cr (net margin -2.5%) and EBITDA of ₹2.89 Cr (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 61 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 56 cases involving the company, including 46 filed by the company and 10 filed against it; 9 cases are pending. The company has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in November 2024. Its 7 peer companies in the Events and Entertainment industry (Entertainment Venues), with the same principal business activity (sports, amusement and recreation activities) are compared by revenue, 5 larger and 2 smaller; the largest is Royal Challengers Sports Private Limited with revenue of ₹514.9 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 69 overdue payments to 24 micro and small suppliers.
Itw Consulting Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0057363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itwconsulting.in.
Company details
Recognitions & Rankings of Itw Consulting
Contact details
Itw Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is itwconsulting.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 16/1 1st Floor Avs Compound 80 Feet Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Itw Consulting 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 Itw Consulting is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Itw Consulting Private Limited, buy the company report.
Financials of Itw Consulting Private Limited
FY 2024 filings availableItw Consulting Private Limited reported revenue of ₹362.09 Cr (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 98% 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 |
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| EBITDA | ₹2.89 Cr | ||||
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| Net Profit (PAT) | -₹8.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Itw Consulting Private Limited, buy the company report.
Board of directors of Itw Consulting Private Limited
Itw Consulting has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joshey John Also directs: Itw Playworx Media & Entertainment Private Limited, Itw Mediaworx Private Limited, Itw Catalyst Private Limited and 4 more | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Bhairav Shanth | Managing Director | 14 Aug 2014 | 12 Years 2 Months | Current |
| Divya Sindhura Mohan | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Itw Consulting Private Limited is compared with the 7 companies closest to it by revenue in the Events and Entertainment industry (Entertainment Venues), with the same principal business activity (sports, amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Royal Challengers Sports Private Limited | ₹514.9 Cr (FY 2025) | -21.0% | Bangalore, Karnataka, India | |||
| Football Sports Development Limited | ₹507.98 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Wonderla Holidays Limited | ₹482.78 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| K.P.H. Dream Cricket Private. Limited. | ₹471.31 Cr (FY 2025) | -29.0% | Chandigarh, India | |||
| Imagicaaworld Entertainment Limited | ₹419.39 Cr (FY 2025) | 50.0% | Khalapur, Maharashtra, India | |||
| Itw Consulting Private Limitedthis company | ₹362.09 Cr (FY 2024) | -₹8.9 Cr | -2.5% | -56.0% | 61 | Bangalore, Karnataka, India |
| Smaaash Entertainment Private Limited | ₹264.96 Cr (FY 2020) | -8.0% | Mumbai, Maharashtra, India | |||
| Twenty First Century Media Private Limited | ₹260.23 Cr (FY 2025) | -7.0% | Delhi, India |
To see the full peer comparison of Itw Consulting Private Limited, buy the company report.
Auditor
Itw Consulting Private Limited is audited by R Singhvi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Singhvi & Associates | FY 2023 | 03870S |
Shareholding
The shareholding of Itw Consulting 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itw Consulting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2020 | 100400373 | Others | ₹15 Cr | Open |
To see the full charge records of Itw Consulting Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Itw Consulting Private Limited has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in November 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Itw Catalyst Private Limited , an individual Seller: In-Fieldsports Technology India Private Limited |
| Jul 2022 | Secondary share transfer | Undisclosed | Seller: In-Fieldsports Technology India Private Limited |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: In-Fieldsports Technology India Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Seller: In-Fieldsports Technology India Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: In-Fieldsports Technology India Private Limited , an individual Seller: an individual |
To see the full deal history of Itw Consulting 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
Itw Consulting Private Limited has 56 court cases on record: 46 filed by Itw Consulting, 10 filed against it. 9 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 8 | 6 |
| High courts | 16 | 2 | 3 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Intellicomm Solutions and Enterprises Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against TN Badminton Super League Private Limited | Pending |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by Crest Investment Holdings Pvt Ltd., Rep by Its Director, Mr.Mayank Agarwal | Pending |
| High Court | Arbitration matter | Filed by the company against R N Sports Club Private Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Intellicomm Solutions and Enterprises Pvt Ltd and 3 others | Pending |
To see the full case history of Itw Consulting 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.
Credit ratings & regulatory alerts
Itw Consulting Private Limited was last rated by Icra on 20 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Aug 2021 |
To see the full credit ratings and regulatory alerts of Itw Consulting Private Limited, buy the company report.
MSME payment delays
Itw Consulting Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 69 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| 4Arms Facilities Private Limited | |||
| Time N Space Instadia (OPC) Private Limited | |||
| Escape Velocity Digital Private Limited | |||
| Wingcomm Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Itw Consulting Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Itw Consulting has 4 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Itw Mediamarket Place India Private Limited | U22219KA2019PTC125520 | |
| Itw Digital Out of Home India Private Limited | U22300KA2019PTC125655 | |
| Itw Travel and Leisure Private Limited | U74999KA2017PTC099626 | |
| Itw Playworx Media & Entertainment Private Limited | U74999KA2017PTC101528 |
To see the full group structure of Itw Consulting Private Limited, buy the company report.
Employees & EPFO
Itw Consulting Private Limited has a workforce of 61 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Itw Consulting has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCI6306A1Z7 | Haryana | Active | 01 Jul 2017 |
| 27AACCI6306A1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Itw Consulting Private Limited, buy the company report.
Recent activity
Itw Consulting Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Manapakkam Muralidharan Srinivasan ceased to be Director on 01 Mar 2025.
6 earlier events are in the company report.
Frequently asked questions
Itw Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 03 June 2011 (15+ years old) and is registered under CIN U92410KA2011PTC058971.
Itw Consulting has 3 current directors:
- Bhairav Shanth - Managing Director
- Joshey John - Director
- Divya Sindhura Mohan - Director
The latest financial statements of Itw Consulting on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 04 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Itw Consulting is 06AACCI6306A1Z7, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCI6306A1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Itw Consulting is U92410KA2011PTC058971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itw Consulting has 56 court cases on record: 46 filed by the company and 10 filed against it. 9 are pending. Most are in the district courts.
Itw Consulting was incorporated on 03 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Itw Consulting has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in November 2024.
The peers of Itw Consulting by revenue are Royal Challengers Sports Private Limited, Football Sports Development Limited, Wonderla Holidays Limited, K.P.H. Dream Cricket Private. Limited, Imagicaaworld Entertainment Limited and 2 more, all in the Events and Entertainment industry (Entertainment Venues), with the same principal business activity (sports, amusement and recreation activities).
Manapakkam Muralidharan Srinivasan ceased to be Director on 01 Mar 2025. Divya Sindhura Mohan ceased to be Additional Director on 30 Nov 2021. Kumar Manoj Satrasala ceased to be Additional Director on 30 Nov 2021. Itw Consulting has 13 board changes on record in total.
Yes, Itw Consulting is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0057363).
Itw Consulting has 11 MSME Form 1 returns on record between 2019 and 2023, listing 69 overdue payments to 24 micro and small suppliers. The latest return was filed on 03 May 2024.

