About Utopia India Private Limited
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Utopia India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Utopia Global Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2005PTC156984. Its GSTIN is 29AAACU7629J1ZU (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Balaji Pichumani.
Its last annual general meeting (AGM) was held on 09 July 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 ₹59.01 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Cr (net margin 10.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 305 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prometheus Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utopiainc.com.
Company details
CIN history
Utopia India has one previous CIN (Corporate Identification Number): U72300TN2005PTC056760. The current CIN is U72300KA2005PTC156984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA2005PTC156984 | Current |
| U72300TN2005PTC056760 | Previous |
Contact details
Utopia India Private Limited's registered office is in Bangalore, Karnataka. Its website is utopiainc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Grape Garden New No 33 Sy No 130 17th'H'Main 1'A'Cross 6 Thblock Koraman, Gala, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Utopia India 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
Brands
Utopia India operates one associated brand: Prometheus Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise data management is enabled via cloud-based platforms. | utopiainc.com |
Business activity
The main business activity of Utopia India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Utopia India Private Limited, buy the company report.
Financials of Utopia India Private Limited
FY 2025 filings availableUtopia India Private Limited reported revenue of ₹59.01 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.1 Cr | ||||
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| Net Profit (PAT) | ₹5.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Utopia India Private Limited, buy the company report.
Board of directors of Utopia India Private Limited
Utopia India has 1 current director and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Pichumani Also directs: S&V Software Services LLP | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Utopia India Private Limited is audited by Mahesh V and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh V and Associates | FY 2023 | 011479S |
Shareholding
The shareholding of Utopia India 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 Utopia India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Utopia India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Utopia India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utopia India Private Limited has a workforce of 305 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Utopia India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU7629J1ZU | Karnataka | Active | 01 Jul 2017 |
| 27AAACU7629J1ZY | Maharashtra | Active | 01 Mar 2018 |
| 36AAACU7629J1ZZ | Telangana | Active | 01 Mar 2018 |
| 33AAACU7629J1Z5 | Tamil Nadu | Active | 06 Apr 2018 |
To see the full GST registrations and return filing status of Utopia India Private Limited, buy the company report.
Recent activity
Utopia India Private Limited has 10 board changes on record since 2018: 1 appointment and 9 cessations. The latest: Kevin Rozanski ceased to be Additional Director on 26 Sep 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Utopia India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 June 2005 (21+ years old) and is registered under CIN U72300KA2005PTC156984.
Utopia India has 1 current director:
- Balaji Pichumani - Director
The latest financial statements of Utopia India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Utopia India is 29AAACU7629J1ZU, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACU7629J1ZY (Maharashtra), 36AAACU7629J1ZZ (Telangana), 33AAACU7629J1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Utopia India is U72300KA2005PTC156984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utopia India was incorporated on 29 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Kevin Rozanski ceased to be Additional Director on 26 Sep 2023. Jason John Golonka ceased to be Additional Director on 30 Sep 2022. Balaji Pichumani ceased to be Additional Director on 29 Dec 2021. Utopia India has 10 board changes on record in total.
Utopia India can be reached through the website utopiainc.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Utopia India is at Indiqube Grape Garden New No 33 Sy No 130 17thHMain 1ACross 6 Thblock Koraman, Gala, Bangalore, Karnataka, India – 560095.
Utopia India operates in the information technology industry, in the application development and software solutions segment.
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