- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0177764

White Matter Advisory India Private Limited
About White Matter Advisory India Private Limited
Data last updated:
White Matter Advisory India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC081187. Its GSTIN is 29AABCW6746M1ZL (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Saurabh Jain and Piuesh Daga.
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 F2 Exsultare 1st Floor 2nd Avenue Shubh Enclave Haralur Road, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.78 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹23.45 Lakh (net margin 6.2%) and EBITDA of ₹46.59 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹78.56 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
White Matter Advisory India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0177764). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of White Matter Advisory India
Contact details
White Matter Advisory India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF2 Exsultare 1st Floor 2nd Avenue Shubh Enclave Haralur Road, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of White Matter Advisory India 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
Business activity
The main business activity of White Matter Advisory India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of White Matter Advisory India Private Limited, buy the company report.
Financials of White Matter Advisory India Private Limited
FY 2025 filings availableWhite Matter Advisory India Private Limited reported revenue of ₹3.78 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 426% 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 |
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| EBITDA | ₹46.59 Lakh | ||||
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| Net Profit (PAT) | ₹23.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of White Matter Advisory India Private Limited, buy the company report.
Board of directors of White Matter Advisory India Private Limited
White Matter Advisory India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Jain | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Piuesh Daga | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Vijaya Kranthitilakreddy Also directs: Savedesk Analytics India Private Limited, Fairex Solutions Private Limited, Pennzymes International Private Limited and 1 more | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Rajasekar Bhaska Saravana | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
Auditor
White Matter Advisory India Private Limited is audited by SAKET BARDIA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAKET BARDIA | FY 2022 | 235288 |
Shareholding
The shareholding of White Matter Advisory India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of White Matter Advisory India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2019 | 100292587 | Others | ₹28.56 Lakh | Open | |
| 26 Jun 2019 | 100281144 | State Bank of India | ₹50 Lakh | Open |
To see the full charge records of White Matter Advisory India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
White Matter Advisory India Private Limited has 2 court cases on record: 1 filed by White Matter Advisory India, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Stovekraft Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by Stove Kraft Limited | Disposed |
To see the full case history of White Matter Advisory India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for White Matter Advisory India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
White Matter Advisory India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW6746M1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of White Matter Advisory India Private Limited, buy the company report.
Recent activity
White Matter Advisory India Private Limited has 10 board changes on record since 2016: 4 appointments and 6 cessations. The latest: Prasanna Kumari ceased to be Director on 01 Jul 2019.
4 earlier events are in the company report.
Frequently asked questions
White Matter Advisory India is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 June 2015 (11+ years old) and is registered under CIN U72200KA2015PTC081187.
White Matter Advisory India has 4 current directors:
- Saurabh Jain - Director
- Piuesh Daga - Director
- Vijaya Kranthitilakreddy - Director
- Rajasekar Bhaska Saravana - Director
The latest financial statements of White Matter Advisory India 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 2016 are in the company report.
The GSTIN of White Matter Advisory India is 29AABCW6746M1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of White Matter Advisory India is U72200KA2015PTC081187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Matter Advisory India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
White Matter Advisory India was incorporated on 26 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Prasanna Kumari ceased to be Director on 01 Jul 2019. Pavitra Umesh ceased to be Director on 11 Sep 2018. Piuesh Daga ceased to be Additional Director on 30 Sep 2016. White Matter Advisory India has 10 board changes on record in total.
Yes, White Matter Advisory India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0177764).
The registered office of White Matter Advisory India is at F2 Exsultare 1st Floor 2nd Avenue Shubh Enclave Haralur Road, Bangalore, Karnataka, India – 560102.

