Steer Information Technologies Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2002.

2002 Bangalore, Karnataka, India Amalgamated

Last Updated: October 21, 2025

About Steer Information Technologies Private Limited

Steer Information Technologies Private Limited, a amalgamated private limited company, was established on 26 November 2002 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U72900KA2002PTC031269. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Babu Padmanabhan (Director), Satish Padmanabhan (Director). Past directors included Gita Iyengar, Manish Jain Mahaveer Prasad. Its latest AGM occurred on 23 May 2025, with the balance sheet filed on 31 March 2025. It is based at 289 - 299, 5Th Main Road,4Th Phase, Peenya Industrial Area,, Bangalore, Karnataka, 560058.

Company Details

CIN/LLPIN
U72900KA2002PTC031269
Registration Number
031269
Incorporation Date
26 November 2002
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.50 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 0.50 M as on 21-10-2025
Paid Up Capital ₹ 0.50 M as on 21-10-2025
Company Age 23 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 87073.97% (FY 2023)
Profit Growth **** 8934.21% (FY 2023)
Ebitda **** 6765.82% (FY 2023)
Net Worth 105875.76% (FY 2023)
Total Assets **** 94294.17% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Steer Information Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Steer Information Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Babu Padmanabhan	Director	29 Nov 2002	Current
Satish Padmanabhan	Director	25 Aug 2005	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Aug 2024	Past
Pramod Abcsdd	Director	27 Mar 2019	Past

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Financial Performance of Steer Information Technologies.

Steer Information Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87073.97% increase. The company also saw a substantial improvement in profitability, with a 8934.21% increase in profit. The company's net worth Soared by an impressive increase of 105875.76%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

87073.97%

*******

Revenue from Operations

*******

87114.53%

*******

Total Assets

*******

94294.17%

*******

Profit or Loss

*******

8934.21%

*******

Net Worth

*******

105875.76%

*******

EBITDA

*******

6765.82%

*******

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What is the Ownership and Shareholding Structure of Steer Information Technologies?

Unlock access to Steer Information Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Steer Information Technologies?

Steer Information Technologies has a workforce of 2 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Steer Information Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Steer Information Technologies's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Steer Information Technologies

Recent Activity within the Organization

Annual General Meeting

Progress on Steer Information Technologies Private Limited last Annual general meeting of members was held on 23 May 2025 as per latest MCA records. was documented.
23 May 2025
Balance Sheet

Steer Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Satish Padmanabhan was appointed as a Director was appointed as a Director on 25 Aug 2005 & has been associated with this company since 20 years 6 months . was completed.
25 Aug 2005
Director Appointment

Progress on Babu Padmanabhan was appointed as a Director was appointed as a Director on 29 Nov 2002 & has been associated with this company since 23 years 3 months . was documented.
29 Nov 2002
Company Incorporation

Progress on Steer Information Technologies Private Limited was registered on 26 Nov 2002 with Roc Bangalore & aged 23 years 3 months as per MCA records. was documented.
26 Nov 2002

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Frequently Asked Questions

What is the CIN of Steer Information Technologies Private Limited?

The CIN of Steer Information Technologies Private Limited is U72900KA2002PTC031269.

Where is Steer Information Technologies Private Limited headquartered?

Steer Information Technologies Private Limited is headquartered at 289 - 299, 5Th Main Road,4Th Phase, Peenya Industrial Area,, Bangalore, Karnataka, 560058.

When was Steer Information Technologies Private Limited incorporated?

Steer Information Technologies Private Limited was incorporated on 26 November 2002.

Who are the current directors of Steer Information Technologies Private Limited?

The current directors of Steer Information Technologies Private Limited are

What is the primary industry of Steer Information Technologies Private Limited?

The primary industry of Steer Information Technologies Private Limited is Professional, Scientific And Technical.

Is Steer Information Technologies Private Limited a listed company?

Steer Information Technologies Private Limited is unlisted.

What is the capital structure of Steer Information Technologies Private Limited?

The authorized capital of Steer Information Technologies Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Steer Information Technologies Private Limited?

The compliance status of Steer Information Technologies Private Limited is Compliant.

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