Steeleye India Private Limited

Steeleye India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018FTC109662 Incorporated 18 January 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹11.82 Cr
▲ 22% YoY
Net profit · FY 2024
₹73.17 Lakh
Net margin 6.2%
EBITDA · FY 2024
₹1.33 Cr
EBITDA margin 11.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
32
Provident fund records
Directors on board
2
As per MCA filings

About Steeleye India Private Limited

Data last updated:

Steeleye India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Steeleye Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC109662. Its GSTIN is 29AAZCS7563A1ZP (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors David Haines and Robi Isaac.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 7 Ksrtc Layout Chikkalasandra, Bangalore, Karnataka, India – 560061.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.82 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹73.17 Lakh (net margin 6.2%) and EBITDA of ₹1.33 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 51% over five years.

The company has about 32 employees on its provident fund (EPFO) records.

For more details, the company can be reached via its website steel-eye.com.

Company details

CIN U74999KA2018FTC109662
Registration Number 109662
Incorporation Date 18 January 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Steeleye Limited

Contact details

Steeleye India Private Limited's registered office is in Bangalore, Karnataka. Its website is steel-eye.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No 7 Ksrtc Layout Chikkalasandra, Bangalore, Karnataka, India – 560061
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services

To see the full contact details of Steeleye India Private Limited, buy the company report.

Comprehensive company report
Steeleye India 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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Business activity

The main business activity of Steeleye India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Steeleye India Private Limited, buy the company report.

Financials of Steeleye India Private Limited

FY 2024 filings available

Steeleye India Private Limited reported revenue of ₹11.82 Cr (up 22% YoY) for FY 2024.

Revenue · FY 2024
₹11.82 Cr ▲ 22%
Net profit · FY 2024
₹73.17 Lakh margin 6.2%
EBITDA · FY 2024
₹1.33 Cr margin 11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 75%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 104%
5 years · compounded
▲ 42%

Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 22% growth in the latest year. EBITDA fell 9% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹73.17 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.3%
Net Profit Margin6.2%
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

To see the full financial statements and ratios of Steeleye India Private Limited, buy the company report.

Board of directors of Steeleye India Private Limited

Steeleye India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
David HainesDirector18 Jan 20188 Years 9 MonthsCurrent
Robi IsaacDirector18 Jan 20188 Years 9 MonthsCurrent

Peer comparison

Steeleye India Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Corpay Technologies India Private Limited₹11.84 Cr (FY 2025)59.0%Nagpur, Maharashtra, India
Arera Healthcare & Technologies Private Limited₹11.83 Cr (FY 2025)26.0%Basavanagudi, Karnataka, India
Simplified Communications Private Limited₹11.82 Cr (FY 2025)-16.0%New Delhi, Delhi, India
Steeleye India Private Limitedthis company₹11.82 Cr (FY 2024)₹73.17 Lakh6.2%22.0%32Bangalore, Karnataka, India
Dynamofl Technologies Private Limited₹11.81 Cr (FY 2025)192.0%Chennai, Tamil Nadu, India
Loylogic Technologies India Private Limited₹11.81 Cr (FY 2025)-12.0%Pune, Maharashtra, India
Genisis Technology Solutions Private Limited₹11.8 Cr (FY 2024)-9.0%Hyderabad, Telangana, India

To see the full peer comparison of Steeleye India Private Limited, buy the company report.

Auditor

Steeleye India Private Limited is audited by Balakrishna and Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Balakrishna and Co.FY 2023004835S

Shareholding

The shareholding of Steeleye 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Steeleye India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Steeleye India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Steeleye India Private Limited has a workforce of 32 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1
Employee growth
28%

GST

Steeleye India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAZCS7563A1ZPKarnatakaActive29 Mar 2018

To see the full GST registrations and return filing status of Steeleye India Private Limited, buy the company report.

Recent activity

Steeleye India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: David Haines was appointed as Director on 18 Jan 2018.

AGM
Steeleye India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Steeleye India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
David Haines was appointed as Director.
Appointed
Robi Isaac was appointed as Director.
Incorporation
18 Jan 2018
Steeleye India Private Limited was registered on 18 Jan 2018 with Roc Bangalore & aged 8 years 9 months as per MCA records.

Frequently asked questions

Steeleye India is an active foreign 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 18 January 2018 (8+ years old) and is registered under CIN U74999KA2018FTC109662.

Steeleye India has 2 current directors:

The latest financial statements of Steeleye India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Steeleye India is 29AAZCS7563A1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of Steeleye India is U74999KA2018FTC109662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Steeleye India was incorporated on 18 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Steeleye India by revenue are Corpay Technologies India Private Limited, Arera Healthcare & Technologies Private Limited, Simplified Communications Private Limited, Dynamofl Technologies Private Limited, Loylogic Technologies India Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

David Haines was appointed as Director on 18 Jan 2018. Robi Isaac was appointed as Director on 18 Jan 2018.

Steeleye India can be reached through the website steel-eye.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Steeleye India is at No 7 Ksrtc Layout Chikkalasandra, Bangalore, Karnataka, India – 560061.

Steeleye India operates in the information technology industry, in the application development and software solutions segment.