Multivariate Ai Private Limited

Multivariate Ai Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials and compliance.
CIN U72900KA2020PTC140639 Incorporated 04 November 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹78.13 Lakh
▲ 7.00% YoY
EBITDA · FY 2025
*****
▼ 7.00% YoY
Net profit · FY 2025
*****
▼ 41.00% YoY
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.11 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
4
Latest available

About Multivariate Ai Private Limited

Data last updated: 22 February 2026

Multivariate Ai Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 04 November 2020, the company has been in operation for over 6 years.

Registered with ROC Bangalore under CIN U72900KA2020PTC140639.

Capital: an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Shah and Bhagvati Shah.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: #1013/A K No. 392 Hbr Layout Nagawara Village2, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2025, the company reported a revenue of ₹78.13 Lakh, a growth of 7% compared to the previous year.

The company has a workforce of approximately 4 employees as per the latest available data.

The company is associated with 1 brand - Multivariate. As per MCA filings, the company has open charges of ₹1.11 Cr on record.

For more details, the company can be reached via its website multivariate.tech.

Company Details of Multivariate Ai Private Limited
CIN U72900KA2020PTC140639
Registration Number 140639
Incorporation Date 04 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Social Media
    **************
  • Registered Address
    #1013/A K No. 392 Hbr Layout Nagawara Village2, Bangalore, Karnataka, India – 560043
  • Industry
    Information Technology, Application Development & Software Solutions
Company report
Multivariate Ai Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Multivariate Ai Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Multivariate Ai Private Limited

Multivariate Ai Private Limited operates one associated brand: Multivariate. These brands represent Multivariate Ai Private Limited's diversified market presence and brand portfolio.

Brand Description Website
AI tools for business automation, analytics, and marketing services. multivariate.tech

Competitors & Alternatives of Multivariate Ai Private Limited

Brands and companies operating in the same space as Multivariate Ai Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.

Competitor Description Location Founded
Hedgehog lab Hedgehog lab Mobile application development and UX design services are provided. Newcastle Upon Tyne, United Kingdom, United Kingdom 2007
AlmavivA AlmavivA IT services suite solutions are provided globally by AlmavivA. Rome, Italy, Italy 2005
AKQA AKQA Integrated digital marketing campaigns are developed and executed across channels. Riyadh, Saudi Arabia, Saudi Arabia 1994
Fresche Solutions Fresche Solutions IT services for application modernization and development are offered. Montreal, Canada, Canada 1976
GlowTouch GlowTouch Technology services are provided to mid-sized businesses across multiple regions. Louisville, United States, United States 2002
Hancom Hancom Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. Seongnam-si, South Korea, South Korea 1990
Sierra Atlantic Sierra Atlantic Offshore enterprise application development and IT consulting services are provided. Newark, United States, United States 1993
Waracle Waracle Mobile apps and IoT solutions are developed across platforms. Dundee, United Kingdom, United Kingdom 2007
QX Global Group QX Global Group Digital transformation and business process management services are provided. Skipton, United Kingdom, United Kingdom 2003
Brightspot Brightspot CMS solutions for digital publishers are provided and managed. Reston, United States, United States 2008

Business Activity of Multivariate Ai Private Limited

Multivariate Ai Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J8 Other information & communication service activities *********

Auditor Details of Multivariate Ai Private Limited

Multivariate Ai Private Limited is audited by POONAM M JAIN & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
POONAM M JAIN & Co blur-value blur-value blur-value

Board of Directors of Multivariate Ai Private Limited

Multivariate Ai Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Deepak Shah Director 04 Nov 2020 5 Years 8 Months Current
Bhagvati Shah Director 04 Nov 2020 5 Years 8 Months Current

Financials of Multivariate Ai Private Limited FY 2025 filings available

Multivariate Ai Private Limited reported revenue of ₹78.13 Lakh (up 7% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹78.13 Lakh ▲ 7%
Profit
***** ▼ -41%
EBITDA
***** ▼ -7%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Multivariate Ai Private Limited

As of FY 2023, Multivariate Ai Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Multivariate Ai Private Limited

Open charges
₹1.11 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Axis Bank Limited₹1.11 Cr
Latest charge details
DateLenderAmountStatus
03 May 2024 Axis Bank Limited ₹1.11 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Multivariate Ai Private Limited

Multivariate Ai Private Limited has a workforce of 4 employees as of Apr 09, 2024.

Employee count
4
Active EPFO establishments
1
Employee growth
-50%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Multivariate Ai Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Multivariate Ai Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Multivariate Ai Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Multivariate Ai Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Multivariate Ai Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Multivariate Ai Private Limited

MSME Payment Delays by Multivariate Ai Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Multivariate Ai Private Limited

Subsidiaries & Group Companies of Multivariate Ai Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Multivariate Ai Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Multivariate Ai Private Limited

MCA Filings & Documents of Multivariate Ai Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Multivariate Ai Private Limited

Activity
30 Sep 2025
Multivariate Ai Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Multivariate Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
03 May 2024
A charge with Axis Bank Limited amounted to Rs. 110.82 Lakh with Charge ID 100937805 was registered on 03 May 2024.
Directors
04 Nov 2020
Deepak Shah was appointed as a Director on 04 Nov 2020 & has been associated with this company since 5 years 8 months.
Directors
04 Nov 2020
Bhagvati Shah was appointed as a Director on 04 Nov 2020 & has been associated with this company since 5 years 8 months.
Activity
04 Nov 2020
Multivariate Ai Private Limited was registered on 04 Nov 2020 with Roc Bangalore & aged 5 years 8 months as per MCA records.

Frequently Asked Questions about Multivariate Ai Private Limited

Multivariate Ai Private Limited is an active private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 04 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140639. The company has 4 employees.

Multivariate Ai Private Limited reported revenue of ₹78.13 Lakh for FY 2025 (up 7.00% YoY).

The current directors of Multivariate Ai Private Limited are:

The primary industry of Multivariate Ai Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.

Multivariate Ai Private Limited can be reached at the registered office: #1013A K No. 392 Hbr Layout Nagawara Village2, Bangalore, Karnataka, India – 560043, or through the website multivariate.tech.

The authorised capital is ₹15 Lakh, and the paid-up capital is ₹1 Lakh.

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