Text Mercato Solutions Private Limited

Text Mercato Solutions Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U22130KA2015PTC078195 Incorporated 09 January 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
Revenue · FY 2025
₹12.45 Cr
▲ 18% YoY
Net loss · FY 2025
₹3.59 Cr
Net margin -28.8%
EBITDA · FY 2025
-₹3.43 Cr
EBITDA margin -27.5%
Authorised capital
₹46 Lakh
Registered with MCA
Paid-up capital
₹1.88 Lakh
Issued & subscribed
Open charges
₹10.35 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
69
Provident fund records

About Text Mercato Solutions Private Limited

Data last updated:

Text Mercato Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the information services and consultants segment of the travel and hospitality sector. It was incorporated on 09 January 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22130KA2015PTC078195. Its GSTIN is 29AAFCT2249A1ZJ (Karnataka).

The company has an authorised share capital of ₹46 Lakh and a paid-up capital of ₹1.88 Lakh. It is led by directors Kiran Bangalore Ramakrishna and Manish Gupta.

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 ₹12.45 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.59 Cr (net margin -28.8%) and EBITDA of -₹3.43 Cr (EBITDA margin -27.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 29% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Cataloging, Text Mercato and Rubick. As per MCA filings, the company has open charges of ₹10.35 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 16 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹24.98 Cr; the latest was in February 2024. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 3 micro and small suppliers.

Text Mercato Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0055114). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website textmercato.com.

Company details

CIN U22130KA2015PTC078195
Registration Number 078195
Incorporation Date 09 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0055114
Key People
Kiran Bangalore Ramakrishna Director Manish Gupta Nominee Director

Recognitions & Rankings of Text Mercato Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0055114

Contact details

Text Mercato Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is textmercato.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    textmercato.com
  • Social Media
  • Registered Address
    No. 312 10th E Main 4th Cross, 1st Block Jayanagar, Bangalore, Karnataka, India – 560011
  • Industry
    Travel and Hospitality, Information Services & Consultants

To see the full contact details of Text Mercato Solutions Private Limited, buy the company report.

Comprehensive company report
Text Mercato Solutions 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

Text Mercato Solutions operates multiple associated brands including Cataloging, Text Mercato, and Rubick. Each brand links to its own profile.

BrandDescriptionWebsite
Cataloging
Cloud and AI-based enterprise cataloging software is provided.cataloging.ai
Text Mercato
AI-powered eCommerce solutions for cataloging, content, and pricing are offered.textmercato.com
Rubick
AI solutions for e-commerce product catalogs and marketing are provided.rubick.ai

Business activity

The main business activity of Text Mercato Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Text Mercato Solutions Private Limited, buy the company report.

Financials of Text Mercato Solutions Private Limited

FY 2025 filings available

Text Mercato Solutions Private Limited reported revenue of ₹12.45 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹12.45 Cr ▲ 18%
Net loss · FY 2025
₹3.59 Cr margin -28.8%
EBITDA · FY 2025
-₹3.43 Cr margin -27.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 20%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 18% growth in the latest year. EBITDA rose 22% 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₹12.45 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.59 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 Margin-27.5%
Net Profit Margin-28.8%
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 Text Mercato Solutions Private Limited, buy the company report.

Board of directors of Text Mercato Solutions Private Limited

Text Mercato Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran Bangalore RamakrishnaDirector09 Jan 201511 Years 9 MonthsCurrent
Manish GuptaNominee Director02 Feb 20242 Years 9 MonthsCurrent
View all directors

Auditor

Text Mercato Solutions Private Limited is audited by Suraj & Tarun for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Suraj & TarunFY 2022016465S

Shareholding

The shareholding of Text Mercato Solutions 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 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Text Mercato Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 May 2025101126122Others₹10.35 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Text Mercato Solutions Private Limited has 16 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹24.98 Cr; the latest was in February 2024.

Total deals
16
Secondary share transfers
9
Funding rounds
5
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹24.98 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Feb 2024Funding round₹3.15 CrInvestors: Angel List, Mount Judi Ventures, 2 individuals
Oct 2023Secondary share transferUndisclosedSeller: an individual
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Nov 2022Secondary share transferUndisclosedBuyer: 1Crowd Fund
Seller: an individual
Mar 2022Funding round · Pre-Series A₹15.21 CrInvestors: Mount Judi Ventures, Innospark Ventures, Inflection Point Ventures

To see the full deal history of Text Mercato Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Text Mercato Solutions Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Altaa Vistaa Business Solutions Private Limited
March31st Consulting LLP
Kandra Digital Marketing Solutions Private Limited

To see the full MSME payment records of Text Mercato Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Text Mercato Solutions Private Limited has a workforce of 69 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
-1.43%

GST

Text Mercato Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCT2249A1ZJKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Text Mercato Solutions Private Limited, buy the company report.

Recent activity

Text Mercato Solutions Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Tiruchengode Subramanian Viswanathan ceased to be CFO on 15 Apr 2025.

AGM
Text Mercato Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.35 Lakh with Charge ID 101126122 was registered on 13 May 2025.
Ceased
Tiruchengode Subramanian Viswanathan ceased to be CFO.
Filing
Text Mercato Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Manish Gupta was appointed as Nominee Director.
Ceased
Subhajit Mukherjee ceased to be Director.
Ceased
Satish Shekar ceased to be Director.
Ceased
Vishal Rajani ceased to be Director.
Ceased
Kalaiselvan Ramu ceased to be Director.
Appointed
Kiran Bangalore Ramakrishna was appointed as Director.
Incorporation
09 Jan 2015
Text Mercato Solutions Private Limited was registered on 09 Jan 2015 with Roc Bangalore & aged 11 years 9 months as per MCA records.

News

Frequently asked questions

Text Mercato Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in information services and consultants, within the travel and hospitality industry. It was incorporated on 09 January 2015 (11+ years old) and is registered under CIN U22130KA2015PTC078195.

Text Mercato Solutions has 2 current directors:

The latest financial statements of Text Mercato Solutions 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 2015 are in the company report.

The GSTIN of Text Mercato Solutions is 29AAFCT2249A1ZJ, registered in Karnataka.

The CIN (Corporate Identification Number) of Text Mercato Solutions is U22130KA2015PTC078195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Text Mercato Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.

Text Mercato Solutions was incorporated on 09 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Text Mercato Solutions has 16 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹24.98 Cr; the latest was in February 2024.

Tiruchengode Subramanian Viswanathan ceased to be CFO on 15 Apr 2025. Manish Gupta was appointed as Nominee Director on 02 Feb 2024. Subhajit Mukherjee ceased to be Director on 30 Mar 2023. Text Mercato Solutions has 7 board changes on record in total.

Yes, Text Mercato Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0055114).

Text Mercato Solutions has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Nov 2023.