Subex Limited - Company overview

Subex is a listed public limited company, first registered with ROC Bangalore on 6 December 1994.

1994-12-06 Bengaluru, Karnataka Active Listed Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -7.5%
FY 2025
PROFIT / LOSS
Loss · ₹25–50 Cr
▲ 83.6%
FY 2025
EBITDA
Loss · ₹1–5 Cr
▲ 97.8%
FY 2025
NET WORTH
₹100–500 Cr
▼ -8.7%
FY 2025
TOTAL ASSETS
₹100–500 Cr
▼ -8.1%
FY 2025
EMPLOYEE COUNT
821–830
OPEN CHARGES
1
-
PAID-UP CAPITAL
281.00 cr
AUTHORISED CAPITAL
590.00 cr
COMPANY AGE
31 Years 11 Months
since 1994-12-06
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
1
Updated: 2023-12-20 23:24:10
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
6
907.54 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Subex covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
61/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (45), director (95) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
45/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Subex Company identity, industry, contact, and registration details from MCA and company records.

Subex is a listed public limited company, first registered with ROC Bangalore on 6 December 1994. The registered office is in Bengaluru, Karnataka. Earlier names on record include Subex Azure Limited, Subex Systems Private Limited and Subex Systems Limited.

In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 100% of turnover.

It has nine directors: Sumit Kumar, Nisha Dutt, Sumit Kumar and 6 others. The longest-serving is Sumit Kumar, on the board since 2022; the most recent to join is Stephane Raymond Marie Le Letty, appointed in March 2026. Nisha Dutt is the managing director. 29 former directors are on record; the most recent to leave was Bottolanda Archana Muthappa in August 2023. Between them, the directors also sit on the boards of 10 other companies, including Subex Account Aggregator Services Private Limited and Subex Assurance LLP.

₹281 crore of its ₹590 crore authorised capital is paid up (about 48%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 29 September 2025. One charge (secured loan) is still open, with The Hongkong And Shanghai Banking Corporation Limited among the lenders, and six more have been paid off. Its shares trade on BSE (532348) and NSE (SUBEXLTD).

Information Technology ••••••••
  • Location Pritech Park - Sez, Block-09, 4Th Floor, B Wing, Sy No. 51-64/4, Orr, Bellandur Vlg, Vart, Bengaluru, Karnataka - 560103
  • Website subex.com
LinkedIn Facebook Twitter YouTube
Name History
Legal NameSubex Limited
CIN / LLPINL85110KA1994PLC016663
Company No.016663
Stock Symbol BSE: 532348 | NSE: SUBEXLTD
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1994-12-06
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Bangalore
Credit RatingA- (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Subex (9) Current board members from MCA filings, including designation and appointment details.

S
Sumit Kumar
CFO | Since 2022-01-31
N
Nisha Dutt
CEO | Since 2024-06-08
S
Sumit Kumar
CFO | Since 2022-01-31 | DIN: 07103766
V
Venkata Erinti Narayana
Director | Since 2025-12-25 | DIN: 03345145
N
Nisha Dutt
Managing Director | Since 2024-05-10 | DIN: 06465957
R
Rupinder Goel
Director | Since 2023-08-08 | DIN: 02693178

Financial Performance of Subex Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▼ -7.5%
P&L Loss · ₹25–50 Cr ▲ 83.6%
EBITDA Loss · ₹1–5 Cr ▲ 97.8%
Net worth ₹100–500 Cr ▼ -8.7%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Subex Open and satisfied charges registered against the company with MCA.

Axis Trustee Services Limited : 707.77 cr
Sbicap Trustee Company Limited : 64.95 cr
Axis Bank Limited : 20.00 cr
The Royal Bank Of Scotland N.V. : 15.65 cr
The Hongkong And Shanghai Banking Corporation Limited : 2.00 cr
Open Charges: 1 Satisfied Charges: 6
Open -
Satisfied 907.54 cr
LenderAmountStatus
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 18 Aug 2022
 2.00 cr Open
Sbicap Trustee Company Limited
Creation Date: 01 Jul 2015
 64.95 cr Closed
Axis Trustee Services Limited
Creation Date: 06 Jul 2012
 707.77 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Companies With Common Directors Of Subex Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Subex Account Aggregator Services Private Limited 2 Shared Directors
Subex Assurance Llp 2 Shared Directors
Subex Digital Llp 2 Shared Directors
Subex Technologies Limited 2 Shared Directors
Anjaraj Infra Private Limited 1 Shared Director
Biztransforms Value Consulting And Advisors Llp 1 Shared Director
Decodem Technologies Private Limited 1 Shared Director
Lead Angels Association For Entrepreneurship Development 1 Shared Director
Sms Vans Skilling And Advisory Private Limited 1 Shared Director
Svaas Management Services Private Limited 1 Shared Director

Financial Ratios of Subex Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

Shareholding Pattern of Subex Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

Employees and EPFO Compliance at Subex EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

GST Compliance of Subex GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Subex Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

Credit ratings, litigation, and regulatory alerts require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Subex MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Subex Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

Corporate group structure requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Subex Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Subex Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Subex?
MCA does not publish an "owner" field. Subex is run by its directors, Sumit Kumar, Nisha Dutt, Sumit Kumar and six others, with Nisha Dutt as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Subex?
Subex has nine current directors: Sumit Kumar (since January 2022), Nisha Dutt (since June 2024), Sumit Kumar (since January 2022), Venkata Erinti Narayana (since December 2025), Nisha Dutt (since May 2024) and Rupinder Goel (since August 2023), plus 3 more. Nisha Dutt is the managing director.
What is CIN of Subex?
The CIN of Subex is L85110KA1994PLC016663. Reading it left to right: L means it is listed, 85110 is the industry code it registered under, KA is Karnataka, 1994 is the year it was registered, PLC is the company type and 016663 is its registration number.
When was Subex incorporated?
Subex was incorporated on 6 December 1994 with ROC Bangalore. That makes it more than 31 years old.
What is the registered address of Subex?
The registered office on MCA records is Pritech Park - Sez, Block-09, 4Th Floor, B Wing, Sy No. 51-64/4, Orr, Bellandur Vlg, Vart, Bengaluru, Karnataka - 560103.
What is the current status of Subex?
MCA shows Subex as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Subex?
You can post to its registered office at Pritech Park - Sez, Block-09, 4Th Floor, B Wing, Sy No. 51-64/4, Orr, Bellandur Vlg, Vart, Bengaluru, Karnataka - 560103 and use its website, https://subex.com.
What industry or business activity is Subex associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Subex?
Paid-up capital is ₹281 crore and authorised capital is ₹590 crore, so about 48% of the authorised amount has been issued.
When did Subex last file accounts and hold an AGM?
The last AGM on record was on 29 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Subex?
One charge against Subex is still open and six have been satisfied. Lenders named in the filings include The Hongkong And Shanghai Banking Corporation Limited, Sbicap Trustee Company Limited and Axis Trustee Services Limited.
Have any directors left Subex?
Yes, 29 former directors are on record. The most recent to leave were Bottolanda Archana Muthappa (August 2023), Venkatraman Gopalasamudram Srinivasan (December 2021) and Vinod Kumar Padmanabhan (March 2021).
Which companies share directors with Subex?
10 companies share directors with Subex. Among them are Subex Account Aggregator Services Private Limited, Subex Assurance LLP, Subex Digital LLP and 7 more.
What is the turnover or revenue of Subex?
Based on filed financial statements, the revenue of Subex for FY 2025 was in the ₹100–500 Cr range. That is down 7.5% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Subex?
For FY 2025, the net worth of Subex was in the ₹100–500 Cr range.
How can I get the financial details of Subex?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Subex?
The website on record for Subex is https://subex.com.
Which company owns subex.com?
subex.com is the website listed for Subex Limited in its company records.
Is Subex registered with any stock exchange in India?
It is listed on both BSE (scrip code 532348) and NSE (symbol SUBEXLTD).
Subex - is it listed or unlisted?
Subex is a listed company, and its CIN starts with L.
What is the ROC code of Subex?
Subex is registered with ROC Bangalore.
What is the company classification of Subex?
MCA classifies Subex as: Public Limited Indian Non-Government Company.
Does Subex have subsidiaries?
Yes, 2 subsidiaries are on record for Subex.
Does Subex have GST registrations on file?
Yes, one active GST registration is linked to Subex.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.