Theorem (India) Private Limited - Company overview

Theorem is an active private limited company registered with ROC Bangalore on 3 March 2003, about 23 years ago.

2003-03-03 Mysore, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 15.8%
FY 2023
PROFIT / LOSS
₹5–10 Cr
▲ 13.7%
FY 2023
EBITDA
₹5–10 Cr
▼ -34.8%
FY 2023
NET WORTH
₹50–100 Cr
▲ 11.5%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▼ -14.2%
FY 2023
EMPLOYEE COUNT
711–720
OPEN CHARGES
3
14.40 cr
PAID-UP CAPITAL
2.24 Lakh
AUTHORISED CAPITAL
50.00 Lakh
COMPANY AGE
23 Years 8 Months
since 2003-03-03
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-02-22 04:58:25
SATISFIED CHARGES
2
2.19 cr

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

Health scores for Theorem 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 Low risk
90/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (95), director (95) and company-foundation signals.
  • Operating for 23+ years.
Compliance Score Low risk
81/100
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 Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 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 Theorem Company identity, industry, contact, and registration details from MCA and company records.

Theorem is an active private limited company registered with ROC Bangalore on 3 March 2003, about 23 years ago. The registered office is at 67C, Hootgalli Industrial Area, Mysore, Karnataka.

In its MCA filings the main business is listed as publishing of computer operating systems, system software, application software, games, etc, which made up 100% of turnover.

It has two directors: Sanjay Manohar Kulkarni and Vijaylakshmi Kulkarni Manohar. The longest-serving is Sanjay Manohar Kulkarni, on the board since 2003; the most recent to join is Vijaylakshmi Kulkarni Manohar, appointed in December 2013. Sanjay Manohar Kulkarni is the managing director. One former director, Bangalore Nataraju Chandrakanth, left in September 2013. The same directors also sit on the board of Theorem Digital Solutions Private Limited.

Paid-up capital is ₹2.24 lakh against an authorised ₹50 lakh, so most of the authorised capital has not been issued yet. Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Three charges (secured loans) are still open, with Hdfc Bank Limited and Corporation Bank among the lenders, and two more have been paid off.

Media and Publishing ••••••••
  • Location 67C, Hootgalli Industrial Area, Mysore, Karnataka - 570018
  • Website theoreminc.net
Legal NameTheorem (India) Private Limited
CIN / LLPINU72200KA2003PTC031654
Company No.031654
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2003-03-03
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
Credit RatingBBB- (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Theorem (2) Current board members from MCA filings, including designation and appointment details.

S
Managing Director | Since 2003-03-03 | DIN: 02557233
V
Director | Since 2013-12-31 | DIN: 06782254

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

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 15.8%
P&L ₹5–10 Cr ▲ 13.7%
EBITDA ₹5–10 Cr ▼ -34.8%
Net worth ₹50–100 Cr ▲ 11.5%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

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

Hdfc Bank Limited : 20.00 cr
Others : 16.50 cr
Corporation Bank : 2.27 cr
Open Charges: 3 Satisfied Charges: 2
Open 14.40 cr
Satisfied 2.19 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 04 Nov 2024
20.00 cr Open
Corporation Bank
Creation Date: 23 Nov 2010
8.30 Lakh Open
Corporation Bank
Creation Date: 27 Nov 2009
2.05 cr Closed

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

Activity GroupDescriptionTurnover %
Information and communicationPublishing of computer operating systems, system software, application software, games, etc.100

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

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

10 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Theorem 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

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GST Compliance of Theorem 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

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

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

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MSME Payment Delays by Theorem 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

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MCA Filings & Documents of Theorem 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

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Frequently Asked Questions about Theorem Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Theorem?
MCA does not publish an "owner" field. Theorem is run by its directors, Sanjay Manohar Kulkarni and Vijaylakshmi Kulkarni Manohar, with Sanjay Manohar Kulkarni as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Theorem?
Theorem has two current directors: Sanjay Manohar Kulkarni (since March 2003) and Vijaylakshmi Kulkarni Manohar (since December 2013). Sanjay Manohar Kulkarni is the managing director.
What is CIN of Theorem?
The CIN of Theorem is U72200KA2003PTC031654. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, KA is Karnataka, 2003 is the year it was registered, PTC is the company type and 031654 is its registration number.
When was Theorem incorporated?
Theorem was incorporated on 3 March 2003 with ROC Bangalore. That makes it about 23 years old.
What is the registered address of Theorem?
The registered office on MCA records is 67C, Hootgalli Industrial Area, Mysore, Karnataka - 570018.
What is the current status of Theorem?
MCA shows Theorem as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Theorem?
You can post to its registered office at 67C, Hootgalli Industrial Area, Mysore, Karnataka - 570018 and use its website, https://theoreminc.net.
What industry or business activity is Theorem associated with?
Its MCA filings list the main business as publishing of computer operating systems, system software, application software, games, etc (100% of turnover).
What is paid-up capital and authorised share capital of Theorem?
Paid-up capital is ₹2.24 lakh, a small fraction of its ₹50 lakh authorised capital.
When did Theorem last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Theorem?
Three charges against Theorem are still open and two have been satisfied. Lenders named in the filings include Hdfc Bank Limited and Corporation Bank.
Have any directors left Theorem?
Yes, one former director is on record. Bangalore Nataraju Chandrakanth (September 2013) left.
Which companies share directors with Theorem?
Theorem Digital Solutions Private Limited shares at least one director with Theorem.
What is the turnover or revenue of Theorem?
Based on filed financial statements, the revenue of Theorem for FY 2023 was in the ₹50–100 Cr range. That is up 15.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Theorem?
For FY 2023, the net worth of Theorem was in the ₹50–100 Cr range.
How can I get the financial details of Theorem?
The latest accounts on record are for FY 2023. 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 Theorem?
The website on record for Theorem is https://theoreminc.net.
Which company owns theoreminc.net?
theoreminc.net is the website listed for Theorem (India) Private Limited in its company records.
Theorem - is it listed or unlisted?
Theorem is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Theorem?
Theorem is registered with ROC Bangalore.
What is the company classification of Theorem?
MCA classifies Theorem as: Private Limited Indian Non-Government Company.
Does Theorem have GST registrations on file?
Yes, one active GST registration is linked to Theorem.

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.