About Turntide Technologies Private Limited
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Turntide Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Riptide Io Inc, Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45300KA2014FTC074168. Its GSTIN is 29AAGCR9077D1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Riptide Io India Private Limited. It is led by directors including Pradumna Pradeep Walimbe (Managing Director) and Mark Cox.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4/02 Ground Floor 15th Cross Southend Jayanagar 2nd Block, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.21 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹45.71 Lakh (net margin 6.3%) and EBITDA of ₹1.81 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 23% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Riptide IO.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riptideio.com.
Company details
CIN history
Turntide Technologies has one previous CIN (Corporate Identification Number): U72200KA2014FTC074168. The current CIN is U45300KA2014FTC074168, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45300KA2014FTC074168 | Current |
| U72200KA2014FTC074168 | Previous |
Contact details
Turntide Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is riptideio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4/02 Ground Floor 15th Cross Southend Jayanagar 2nd Block, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Turntide Technologies 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
Turntide Technologies operates one associated brand: Riptide IO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data integration, management, and analysis for IoT devices are provided. | riptideio.com |
Business activity
The main business activity of Turntide Technologies 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 Turntide Technologies Private Limited, buy the company report.
Financials of Turntide Technologies Private Limited
FY 2025 filings availableTurntide Technologies Private Limited reported revenue of ₹7.21 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 48% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹7.21 Cr | ||||
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| EBITDA | ₹1.81 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹45.71 Lakh | ||||
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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 | 25.1% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Turntide Technologies Private Limited, buy the company report.
Board of directors of Turntide Technologies Private Limited
Turntide Technologies has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Cox | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Pradumna Pradeep Walimbe | Managing Director | 20 Jun 2024 | 2 Years 4 Months | Current |
| Kavitha Paramesh Also directs: Pinpoint Energy K1 Private Limited, Idrs Labs Private Limited, Ecoflection Private Limited and 2 more | Director | 31 Jan 2024 | 2 Years 9 Months | Current |
| Steven Mark Hornyak | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Turntide Technologies Private Limited is audited by Rishabh Raja & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishabh Raja & Co | FY 2024 | 018454S |
Shareholding
The shareholding of Turntide Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Turntide Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Turntide Technologies 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 Turntide Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Turntide Technologies Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Turntide Technologies Private Limited, buy the company report.
GST
Turntide Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCR9077D1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Turntide Technologies Private Limited, buy the company report.
Recent activity
Turntide Technologies Private Limited has 12 board changes on record since 2015: 4 appointments and 8 cessations. The latest: Steven Mark Hornyak ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Turntide Technologies 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 14 March 2014 (12+ years old) and is registered under CIN U45300KA2014FTC074168.
Turntide Technologies has 4 current directors:
- Pradumna Pradeep Walimbe - Managing Director
- Mark Cox - Director
- Kavitha Paramesh - Director
- Steven Mark Hornyak - Director
The latest financial statements of Turntide Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Turntide Technologies is 29AAGCR9077D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Turntide Technologies is U45300KA2014FTC074168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turntide Technologies was incorporated on 14 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Steven Mark Hornyak ceased to be Additional Director on 29 Sep 2025. Steven Mark Hornyak was appointed as Director on 14 Jul 2025. Kavitha Paramesh ceased to be Additional Director on 28 Sep 2024. Turntide Technologies has 12 board changes on record in total.
Turntide Technologies can be reached through the website riptideio.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Turntide Technologies is at 402 Ground Floor 15th Cross Southend Jayanagar 2nd Block, Bangalore, Karnataka, India – 560011.
Turntide Technologies operates in the information technology industry, in the application development and software solutions segment.
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