MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0142952
Scalex Business Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.09 Cr
▲ 13% YoY
Net loss · FY 2025
₹1.54 Cr
Net margin -37.7%
EBITDA · FY 2025
₹32.14 Lakh
EBITDA margin 7.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹61.8 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
26
Provident fund records
About Scalex Business Private Limited
Data last updated:
Scalex Business Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102943. Its GSTIN is 29AAYCS6558G1ZD (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Spice Route Business Solutions Private Limited. It is led by directors Nandu Ravikumar (Whole-Time Director) and Atiyeri Kandian Sharath.
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 ₹4.09 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr (net margin -37.7%) and EBITDA of ₹32.14 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 20% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Spice Route Business and ScaleX Business. As per MCA filings, the company has open charges of ₹61.8 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Scalex Business Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0142952). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scalexbusiness.com.
Company details
CIN U74999KA2017PTC102943
Registration Number 102943
Incorporation Date 16 May 2017
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 Micro
Udyam Registration UDYAM-KR-03-0142952
Recognitions & Rankings of Scalex Business
Contact details
Scalex Business Private Limited's registered office is in Bangalore, Karnataka. Its website is scalexbusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address777/K 4th Floor Ankit Saphire, 100 Feet Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Scalex Business Private Limited, buy the company report.
Comprehensive company report
Scalex Business 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
Scalex Business operates two associated brands: Spice Route Business and ScaleX Business. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive business consulting, bookkeeping, accounting, and related services. | spiceroutebusiness.com | |
| Business consultancy services for global expansion, transaction advisory, and India entry are provided. | scalexbusiness.com |
Business activity
The main business activity of Scalex Business is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Scalex Business Private Limited, buy the company report.
Financials of Scalex Business Private Limited
FY 2025 filings availableScalex Business Private Limited reported revenue of ₹4.09 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹4.09 Cr ▲ 13%
Net loss · FY 2025
₹1.54 Cr margin -37.7%
EBITDA · FY 2025
₹32.14 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 19%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 18%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 13% growth in the latest year. EBITDA rose 215% 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 | ₹32.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.54 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | -37.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Scalex Business Private Limited, buy the company report.
Board of directors of Scalex Business Private Limited
Scalex Business has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atiyeri Kandian Sharath Also directs: SXH Strategic Ventures Private Limited, Sxloop Cowork LLP, Glolanka Clothing Private Limited and 4 more | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Nandu Ravikumar Also directs: Ponr Private Limited, Zippolighters India Private Limited, Mysongi India Private Limited and 5 more | Whole-Time Director | 16 May 2017 | 9 Years 5 Months | Current |
Auditor
Scalex Business Private Limited is audited by Vishal Kumar Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal Kumar Jain & Associates | FY 2023 | 031725C |
Shareholding
The shareholding of Scalex Business 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 Scalex Business Private Limited, buy the company report.
Charges & borrowings
Open charges
₹61.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 101027868 | Others | ₹61.8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Scalex Business Private Limited has 1 court case on record: 1 filed by Scalex Business. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Criminal miscellaneous application | Filed by the company against State of Rajasthan | Disposed |
To see the full case history of Scalex Business 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.
MSME payment delays
Scalex Business Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Obox HR Solutions Private Limited |
To see the full MSME payment records of Scalex Business Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Scalex Business Private Limited has a workforce of 26 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-3.7%
GST
Scalex Business has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS6558G1ZD | Karnataka | Active | 18 Jul 2018 |
| 32AAYCS6558G1ZQ | Kerala | Active | 16 Oct 2023 |
To see the full GST registrations and return filing status of Scalex Business Private Limited, buy the company report.
Recent activity
Scalex Business Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Atiyeri Kandian Sharath was appointed as Director on 19 Sep 2022.
AGM
Scalex Business Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Scalex Business Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 61.80 Lakh with Charge ID 101027868 was registered on 27 Sep 2024.
Appointed
Atiyeri Kandian Sharath was appointed as Director.
Ceased
Mathew Muttahotil Chacko ceased to be Director.
Ceased
Ranjani Murugesh ceased to be Additional Director.
Ceased
Lakshmi Srirama Chitambaram K K V ceased to be Whole-Time Director.
Ceased
Praveen Raju ceased to be Director.
Appointed
Nandu Ravikumar was appointed as Whole-Time Director.
Incorporation
16 May 2017
Scalex Business Private Limited was registered on 16 May 2017 with Roc Bangalore & aged 9 years 5 months as per MCA records.
Frequently asked questions
Scalex Business is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102943.
Scalex Business has 2 current directors:
- Nandu Ravikumar - Whole-Time Director
- Atiyeri Kandian Sharath - Director
The latest financial statements of Scalex Business 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 FY 2018 are in the company report.
The GSTIN of Scalex Business is 29AAYCS6558G1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAYCS6558G1ZQ (Kerala).
The CIN (Corporate Identification Number) of Scalex Business is U74999KA2017PTC102943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scalex Business has 1 court case on record: 1 filed by the company.
Scalex Business was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Atiyeri Kandian Sharath was appointed as Director on 19 Sep 2022. Mathew Muttahotil Chacko ceased to be Director on 01 Apr 2022. Ranjani Murugesh ceased to be Additional Director on 30 Nov 2021. Scalex Business has 6 board changes on record in total.
Yes, Scalex Business is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0142952).
Scalex Business has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
Scalex Business can be reached through the website scalexbusiness.com. Its registered office is in Bangalore, Karnataka, India.
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