About Utopia India Private Limited
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Utopia India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Utopia Global Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2005PTC156984. Its GSTIN is 29AAACU7629J1ZU (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Balaji Pichumani.
Its last annual general meeting (AGM) was held on 09 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.01 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Cr (net margin 10.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 305 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prometheus Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utopiainc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIndiqube Grape Garden New No 33 Sy No 130 17th'H'Main 1'A'Cross 6 Thblock Koraman, Gala, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
CIN History of Utopia India Private Limited
Utopia India has one previous CIN (Corporate Identification Number): U72300TN2005PTC056760. The current CIN is U72300KA2005PTC156984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA2005PTC156984 | Current |
| U72300TN2005PTC056760 | Previous |
Associated Brands with Utopia India Private Limited
Utopia India operates one associated brand: Prometheus Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise data management is enabled via cloud-based platforms. | utopiainc.com |
Competitors & Alternatives of Utopia India Private Limited
Brands and companies operating in the same space as Utopia India Private Limited include Nexla, Informatica, Indico Data and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Nexla | An AI-powered platform for data integration and management is developed. | San Mateo, United States | 2016 |
 Informatica | Cloud based enterprise data preparation and management platform | Redwood City, United States | 1993 |
 Indico Data | Data processing tasks are automated via AI-driven management solutions. | Boston, United States | 2014 |
 Flywheel | Cloud-based platform for healthcare data capture and analysis is offered. | Minneapolis, United States | 2015 |
 Odaseva | Data governance is facilitated via a cloud-based platform. | San Francisco, United States | 2012 |
 Onna | SaaS based eDiscovery | San Francisco, United States | 2015 |
 Boardwalktech | Enterprise spreadsheet data management solutions | Palo Alto, United States | 2004 |
 Precisely | Provider of a platform offering decision support software | Pearl River, United States | 1968 |
 OpenDataSoft | Cloud-based platform for civic engagement and data management is provided. | Paris, France | 2011 |
Business Activity of Utopia India Private Limited
The main business activity of Utopia India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Utopia India Private Limited
Utopia India Private Limited is audited by Mahesh V and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahesh V and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Utopia India Private Limited
Utopia India has 1 current director and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Pichumani Also directs: S&V Software Services LLP | Director | 15 Jun 2021 | 5 Years 3 Months | Current |
Financials of Utopia India Private Limited FY 2025 filings available
Utopia India Private Limited reported revenue of ₹59.01 Cr (down 4.00% YoY) for FY 2025.
Growth of Utopia India Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 4% | ▼ 3% | ▲ 1% |
| Net profit | ▲ 3% | ▼ 3% | ▲ 2% |
| EBITDA | ▲ 3% | ▼ 5% | ▲ 2% |
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 of Utopia India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹9.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.97 Cr | •••• | •••• | •••• | •••• |
| 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 of Utopia India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Utopia India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Utopia India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Utopia India Private Limited
Utopia India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Utopia India Private Limited
Utopia India Private Limited has a workforce of 305 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Utopia India Private Limited
Utopia India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU7629J1ZU | Karnataka | Active | 01 Jul 2017 |
| 27AAACU7629J1ZY | Maharashtra | Active | 01 Mar 2018 |
| 36AAACU7629J1ZZ | Telangana | Active | 01 Mar 2018 |
| 33AAACU7629J1Z5 | Tamil Nadu | Active | 06 Apr 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Utopia India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Utopia India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Utopia India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Utopia India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Utopia India Private Limited
Frequently Asked Questions about Utopia India Private Limited
Utopia 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 29 June 2005 (21+ years old) and is registered under CIN U72300KA2005PTC156984.
Utopia India reported revenue of ₹59.01 Cr for FY 2025 (down 4.00% YoY).
Utopia India has 1 current director:
- Balaji Pichumani - Director
Utopia India reported a net profit of ₹5.97 Cr (net margin 10.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 15.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utopia India is -3% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utopia India is 29AAACU7629J1ZU, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACU7629J1ZY (Maharashtra), 36AAACU7629J1ZZ (Telangana), 33AAACU7629J1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Utopia India is U72300KA2005PTC156984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utopia India was incorporated on 29 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Utopia India can be reached through the website utopiainc.com. Its registered office is in Bangalore, Karnataka, India.