About Offergrid Networks Private Limited
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Offergrid Networks Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060596. Its GSTIN is 29AABCO5372K1Z1 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Deepankar Biswas and Raja Terakanambi Nanjanayaka.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.26 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹20.45 Lakh (net margin -327%) and EBITDA of -₹17.14 Lakh (EBITDA margin -274.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 57% over five years.
The company is associated with 1 brand: Offergrid Networks. As per MCA filings, the company has open charges of ₹50 Lakh on record. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in January 2013. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Daxy Private Limited with revenue of ₹6.27 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website offergrid.com.
- EmailLocked
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- Website
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- Registered Address91 Springboard Hub 1st Floor Gopala Krishna Complex #45/3 Residency, Road, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Offergrid Networks Private Limited
The main business activity of Offergrid Networks is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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 Offergrid Networks Private Limited FY 2025 filings available
Offergrid Networks Private Limited reported revenue of ₹6.26 Lakh (down 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Offergrid Networks Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 90% fall in the latest year. EBITDA fell 301% 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 Offergrid Networks 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 | -₹17.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.45 Lakh | •••• | •••• | •••• | •••• |
| 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 Offergrid Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -274.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -327% | •••• | •••• | •••• | •••• |
| 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 Offergrid Networks are in the company report.
Financial statements from 2015
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.
Peer Comparison of Offergrid Networks Private Limited
Offergrid Networks Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Daxy Private Limited | ₹6.27 Lakh (FY 2025) | •••• | •••• | 1938.0% | •••• | Mumbai, Maharashtra, India |
| Ifx Trade Solution Private Limited | ₹6.27 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Infoqueen Solutions Private Limited | ₹6.26 Lakh (FY 2024) | •••• | •••• | 207.0% | •••• | Mumbai, Maharashtra, India |
| Razolink Private Limited | ₹6.26 Lakh (FY 2025) | •••• | •••• | 1638.0% | •••• | Bangalore South, Karnataka, India |
| Hostingshades Technologies Private Limited | ₹6.26 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Loharu, Haryana, India |
| Offergrid Networks Private Limited this company | ₹6.26 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Bengaluru, Karnataka, India |
| Purplepro IT Solutions India Private Limited | ₹6.25 Lakh (FY 2017) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Anahita Consultancy and Services Private Limited | ₹6.25 Lakh (FY 2016) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Infotribo Technologies Private Limited | ₹6.25 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Bangalore South, Karnataka, India |
| Sri Vaibavaa IT Consultancy Private Limited | ₹6.25 Lakh (FY 2024) | •••• | •••• | 420.0% | •••• | Tiruvannamalai, Tamil Nadu, India |
| Xfortech Private Limited | ₹6.24 Lakh (FY 2024) | •••• | •••• | 1563.0% | •••• | Chinnakkada, Kerala, India |
Peers are the five companies nearest above and the five nearest below Offergrid Networks by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Offergrid Networks Private Limited
Offergrid Networks Private Limited is audited by C K DHANANI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C K DHANANI & CO | Locked | Locked | Locked |
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.
Board of Directors of Offergrid Networks Private Limited
Offergrid Networks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepankar Biswas Also directs: Botman Networks Private Limited | Director | 27 Sep 2011 | 15 Years 0 Months | Current |
| Raja Terakanambi Nanjanayaka Also directs: Botman Networks Private Limited | Director | 27 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Offergrid Networks Private Limited
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 Offergrid Networks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2017 | Hdfc Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Offergrid Networks Private Limited
Offergrid Networks Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in January 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: My First Cheque Seller: an individual |
| May 2012 | Funding round | ₹13 Lakh | Investors: My First Cheque |
| Jan 2012 | Funding round | ₹12 Lakh | Investors: My First Cheque |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Offergrid Networks Private Limited
Offergrid Networks operates one associated brand: Offergrid Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a versatile platform for cross-channel digital advertising. | offergrid.com |
Employees and EPFO Compliance at Offergrid Networks Private Limited
Employment history and EPFO contributions of people linked to Offergrid Networks.
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 Offergrid Networks Private Limited
Offergrid Networks Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Deepankar Biswas was appointed as Director on 27 Sep 2011.
Credit Ratings, Litigation & Regulatory Alerts for Offergrid Networks Private Limited
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 Offergrid Networks Private Limited
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 Offergrid Networks Private Limited
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 Offergrid Networks Private Limited
Offergrid Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO5372K1Z1 | Karnataka | Active | 01 Jul 2017 |
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 Offergrid Networks Private Limited
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 Offergrid Networks Private Limited
Offergrid Networks is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 September 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060596.
Offergrid Networks reported revenue of ₹6.26 Lakh for FY 2024 (down 90% YoY).
Offergrid Networks has 2 current directors:
- Deepankar Biswas - Director
- Raja Terakanambi Nanjanayaka - Director
Offergrid Networks reported a net loss of ₹20.45 Lakh (net margin -327%) and EBITDA of -₹17.14 Lakh (EBITDA margin -274.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Offergrid Networks is -47% over three years and -57% over five years. In the latest year (FY 2024) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Offergrid Networks is 29AABCO5372K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Offergrid Networks is U72900KA2011PTC060596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Offergrid Networks was incorporated on 27 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Offergrid Networks has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in January 2013.
The peers of Offergrid Networks by revenue are Daxy Private Limited, Ifx Trade Solution Private Limited, Infoqueen Solutions Private Limited, Razolink Private Limited, Hostingshades Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Deepankar Biswas was appointed as Director on 27 Sep 2011. Raja Terakanambi Nanjanayaka was appointed as Director on 27 Sep 2011.