About Smarsh India Private Limited
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Smarsh India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Actiance Inc. Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2001PTC029930. Its GSTIN is 29AABCV2926N1ZU (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Facetime Communications India Private Limited and Actiance India Private Limited. It is led by directors Mark Ian Jones and Poonam Bajaj.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Salarpuria Cambridge Second Floor 9 Cambridge Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹227.45 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹18.82 Cr (net margin 8.3%) and EBITDA of ₹48.93 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 22% over five years.
The company has about 325 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smarsh. Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2017. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Mastercard Mobile Transactions Solutions Private Limited with revenue of ₹237.06 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smarsh.com.
Company details
Name history
Smarsh India has undergone 3 name changes throughout its history. The company was previously known as Facetime Communications India Private Limited, Actiance India Private Limited, and Valicert Software Development Private Limited. The current legal name is Smarsh India Private Limited.
| Company Name | Status |
|---|---|
| Smarsh India Private Limited | Current |
| Facetime Communications India Private Limited | Previous |
| Actiance India Private Limited | Previous |
| Valicert Software Development Private Limited | Previous |
Contact details
Smarsh India Private Limited's registered office is in Bangalore, Karnataka. Its website is smarsh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSalarpuria Cambridge Second Floor 9 Cambridge Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Smarsh 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
Smarsh India operates one associated brand: Smarsh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Compliance management solutions for financial institutions' communications are provided. | smarsh.com |
Business activity
The main business activity of Smarsh India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smarsh India Private Limited, buy the company report.
Financials of Smarsh India Private Limited
FY 2024 filings availableSmarsh India Private Limited reported revenue of ₹227.45 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 9% growth in the latest year. EBITDA rose 8% 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 | ₹48.93 Cr | ||||
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| Net Profit (PAT) | ₹18.82 Cr | ||||
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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 | 21.5% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Smarsh India Private Limited, buy the company report.
Board of directors of Smarsh India Private Limited
Smarsh India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Ian Jones | Director | 04 Apr 2025 | 1 Years 7 Months | Current |
| Poonam Bajaj | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Smarsh India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mastercard Mobile Transactions Solutions Private Limited | ₹237.06 Cr (FY 2025) | 26.0% | Pune, Maharashtra, India | |||
| Maq India Private Limited | ₹230.31 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Smarsh India Private Limitedthis company | ₹227.45 Cr (FY 2025) | ₹18.82 Cr | 8.3% | 9.0% | 325 | Bangalore, Karnataka, India |
| Sopra India Private Limited | ₹227.02 Cr (FY 2016) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Smarsh India Private Limited, buy the company report.
Auditor
Smarsh India Private Limited is audited by Gowthama & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gowthama & Company | FY 2023 | 005917S |
Shareholding
The shareholding of Smarsh 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 Smarsh India Private Limited, buy the company report.
Deals & funding
Smarsh India Private Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Actiance Inc, an individual Seller: Valicert Inc, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smarsh India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Smarsh India 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
Smarsh India Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Purec Hygiene International LLP | |||
| First Cars Private Limited | |||
| an individual supplier | |||
| Progility Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Smarsh India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smarsh India Private Limited has a workforce of 325 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Smarsh India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCV2926N1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smarsh India Private Limited, buy the company report.
Recent activity
Smarsh India Private Limited has 16 board changes on record since 2001: 9 appointments and 7 cessations. The latest: Rama Krishna Neeli ceased to be Director on 30 Jun 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Smarsh 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 27 December 2001 (25+ years old) and is registered under CIN U72900KA2001PTC029930.
Smarsh India has 2 current directors:
- Mark Ian Jones - Director
- Poonam Bajaj - Director
The latest financial statements of Smarsh India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Smarsh India is 29AABCV2926N1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Smarsh India is U72900KA2001PTC029930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smarsh India has 3 court cases on record: 3 filed against it.
Smarsh India was incorporated on 27 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Smarsh India has 4 deals on record (4 secondary share transfers); the latest was in September 2017.
The peers of Smarsh India by revenue are Mastercard Mobile Transactions Solutions Private Limited, Maq India Private Limited, Sopra India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Rama Krishna Neeli ceased to be Director on 30 Jun 2025. Mark Ian Jones was appointed as Director on 04 Apr 2025. Ajay Kumar Rajendra Madan ceased to be Director on 18 Aug 2023. Smarsh India has 16 board changes on record in total.
Smarsh India has 7 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Smarsh India can be reached through the website smarsh.com. Its registered office is in Bangalore, Karnataka, India.
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