MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0094167
Start Algo Information Technology Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.89 Lakh
▼ 98% YoY
Net loss · FY 2025
₹39.96 Lakh
Net margin -310.1%
EBITDA · FY 2025
-₹26.26 Lakh
EBITDA margin -203.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
27
Provident fund records
Directors on board
2
As per MCA filings
About Start Algo Information Technology Private Limited
Data last updated:
Start Algo Information Technology Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2022PTC061143. Its GSTIN is 23ABICS6412J1ZB (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sairam Patidar and Jay Sharma.
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 26 – A – 6 – Chandra Nagar 101 – 1st Floor, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.89 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹39.96 Lakh (net margin -310.1%) and EBITDA of -₹26.26 Lakh (EBITDA margin -203.8%).
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Start Algo.
Start Algo Information Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0094167). For more details, the company can be reached via its website startalgo.com.
Company details
CIN U72900MP2022PTC061143
Registration Number 061143
Incorporation Date 30 May 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MP-23-0094167
Key People
Sairam Patidar Director Jay Sharma Director Recognitions & Rankings of Start Algo Information Technology
Contact details
Start Algo Information Technology Private Limited's registered office is in Indore, Madhya Pradesh. Its website is startalgo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address26 – A – 6 – Chandra Nagar 101 – 1st Floor, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Start Algo Information Technology Private Limited, buy the company report.
Comprehensive company report
Start Algo Information Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Start Algo Information Technology operates one associated brand: Start Algo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an algorithmic trading platform for a variety of assets. | startalgo.com |
Business activity
The main business activity of Start Algo Information Technology 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 Start Algo Information Technology Private Limited, buy the company report.
Financials of Start Algo Information Technology Private Limited
FY 2025 filings availableStart Algo Information Technology Private Limited reported revenue of ₹12.89 Lakh (down 98% YoY) for FY 2025.
Revenue · FY 2025
₹12.89 Lakh ▼ 98%
Net loss · FY 2025
₹39.96 Lakh margin -310.1%
EBITDA · FY 2025
-₹26.26 Lakh margin -203.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 98%
EBITDA CAGR growth
1 year
▼ 209%
Revenue fell 98% in the latest year. EBITDA fell 209% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
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| Total Expenses | |||
| EBITDA | -₹26.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹39.96 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -203.8% | ||
| Net Profit Margin | -310.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Start Algo Information Technology Private Limited, buy the company report.
Board of directors of Start Algo Information Technology Private Limited
Start Algo Information Technology has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sairam Patidar | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Jay Sharma | Director | 30 May 2022 | 4 Years 4 Months | Current |
Auditor
Start Algo Information Technology Private Limited is audited by Patel & Gupta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patel & Gupta | FY 2023 | 0009850C |
Shareholding
The shareholding of Start Algo Information Technology Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Start Algo Information Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Start Algo Information Technology 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 Start Algo Information Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Start Algo Information Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABICS6412J1ZB | Madhya Pradesh | Active | 06 Jul 2022 |
To see the full GST registrations and return filing status of Start Algo Information Technology Private Limited, buy the company report.
Recent activity
Start Algo Information Technology Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Ghanshyam Kustwar ceased to be Director on 15 Mar 2024.
AGM
Start Algo Information Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Start Algo Information Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Ghanshyam Kustwar ceased to be Director.
Appointed
Sairam Patidar was appointed as Director.
Ceased
Rahul Goyal ceased to be Director.
Ceased
Chandan Patidar ceased to be Director.
Appointed
Jay Sharma was appointed as Director.
Incorporation
30 May 2022
Start Algo Information Technology Private Limited was registered on 30 May 2022 with Roc Gwalior & aged 4 years 4 months as per MCA records.
Frequently asked questions
Start Algo Information Technology is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 May 2022 (4+ years old) and is registered under CIN U72900MP2022PTC061143.
Start Algo Information Technology has 2 current directors:
- Sairam Patidar - Director
- Jay Sharma - Director
The latest financial statements of Start Algo Information Technology 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 2023 are in the company report.
The GSTIN of Start Algo Information Technology is 23ABICS6412J1ZB, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Start Algo Information Technology is U72900MP2022PTC061143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Start Algo Information Technology was incorporated on 30 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
Ghanshyam Kustwar ceased to be Director on 15 Mar 2024. Sairam Patidar was appointed as Director on 15 Mar 2024. Rahul Goyal ceased to be Director on 20 Jul 2023. Start Algo Information Technology has 5 board changes on record in total.
Yes, Start Algo Information Technology is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0094167).
Start Algo Information Technology can be reached through the website startalgo.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Start Algo Information Technology is at 26 – A – 6 – Chandra Nagar 101 – 1st Floor, Indore, Madhya Pradesh, India – 452001.