Company Intelligence Profile
IDS Next Business Solutions Private Limited
Bengaluru-based hospitality-technology company (est. 1992) providing a cloud-native, AI-enabled SaaS/ERP platform (PMS, POS, guest engagement) serving 220+ hotel chains across 50+ countries.
CIN: U72200KA1992PTC013696ActiveRoC-Bangalore
Last updated 17 August 2026
SummaryFrom public filings
IDS Next Business Solutions Private Limited is a Bengaluru-based hospitality technology company established in 1992, providing a cloud-native, AI-enabled SaaS/ERP platform to over 220 hotel chains in more than 50 countries. In FY2024, the company reported a revenue of ₹41.66 crore, marking a decline of approximately 24% year-over-year.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | IDS Next Business Solutions Private Limited |
|---|---|
| CIN | U72200KA1992PTC013696 |
| PAN | AAACI3832R |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 16 November 1992 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | Information Technology — Computer programming, consultancy and related activities / software publishing |
| Registered address | 2nd Floor, MFAR Green Heart, Phase IV Building, MFAR Manyata Tech Park, Nagawara, Venkateshapura, Bengaluru North, Karnataka 560045 |
| Authorized capital | ₹3.6 crore |
| Paid-up capital | ₹3.0971 crore per TheCompanyCheck / ₹2.84 crore per Tofler / ₹3.1 crore per Falconebiz — minor figure conflict across sources, likely reflecting different snapshot dates; treat as approx ₹2.8-3.1 crore, partial confidence |
Business Overview
- IDS Next is a hospitality technology company providing a cloud-native, AI-enabled SaaS/ERP platform for hotels, resorts, restaurants, banquets, wellness and leisure venues
- Per its own site (idsnext.com) it serves 220+ hotel chains and 25,000+ POS outlets across 50+ countries, with 500+ employees, offering property management (PMS), point-of-sale, guest engagement, housekeeping, financial and spa-management modules
- Formerly known as Intellect Data Systems And Software Private Limited and IDS Softwares Private Limited
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Hiren Haresh Ved | 00049597 | Nominee Director | - |
| Suresh John | 00084555 | Director | - |
| Stephen Poonnen | 00066173 | Director | - |
| Vissal Mathew | 00084520 | Director | - |
| Anumolu Balamurali Krishna | 00095932 | Director | - |
| Jamshed Pesi Shaw ( | 00562773 | Director | - |
Financials
- FY2024 (year ended 31-Mar-2024) Revenue: ₹41.66 crore, down ~24% YoY. EBITDA and PAT: not obtained (paywalled on both sources)
- Net worth: not obtained
- FY2025 figures on Tofler showed only percentage deltas (revenue -0.36%, EBITDA -223%, PAT -1956%, net worth -57%) with no absolute values and internally inconsistent-looking swings — treated as low-confidence/partial, not used as headline figures
- Standalone vs consolidated not specified by any source (company has no disclosed subsidiaries, so likely standalone)
- Last balance sheet date 31-Mar-2025; last AGM 30-Sep-2025
Charges & Borrowings
- Open charges: ₹6.22 crore
- Satisfied charges: ₹7.13 crore
- Major lenders on record: TDICI Ltd. (₹4.00 crore), State Bank of Mysore (₹1.89 crore), HDFC Bank Limited (₹0.23 crore), Karnataka Financial Services Ltd. (₹0.10 crore) — per Falconebiz only, not cross-verified on a second source, so treated as partial
Legal
- Indian Kanoon records show at least 5 matters: (1) IDS Next Business Solutions Pvt Ltd v. Assistant Commissioner of Income Tax, ITAT Bangalore, ITA No. 510/Bang/2018, order 15-Jun-2018, AY 2014-15
- (2) IDS Next Business Solutions Pvt Ltd v. Regional Provident Fund Commissioner, Karnataka High Court, Petition No. 13726/2023, order 5-Nov-2024 (company referenced under former name Intellect Data Systems and Software Private Limited)
- (3) Suresh John & Binu Mathew v. State of Karnataka, Karnataka HC, 16-May-2019, involving RoomsTonite eBookings Pvt Ltd
- (4) Intellect Data Systems and Software Pvt Ltd v. Sri Chamundeshwari Sugars Limited, Karnataka HC, 13-Jul-2022
- (5) Expat Engineering India Limited v. ACIT (cites the IDS Next ITAT ruling as precedent, not itself a case against the company)
- No criminal/insolvency matters found
Competitors
India-based cloud PMS, similar scale
RateGain Travel Technologies
Indian, listed/larger scale
Oracle Hospitality
OPERA PMS, large global enterprise scale
Cloudbeds
US-based, VC-funded, larger global scale
IDeaS Revenue Solutions
SAS-owned, global enterprise scale
Frequently Asked Questions
What does IDS Next Business Solutions Private Limited do?
Bengaluru-based hospitality-technology company (est. 1992) providing a cloud-native, AI-enabled SaaS/ERP platform (PMS, POS, guest engagement) serving 220+ hotel chains across 50+ countries.
What is the CIN of IDS Next Business Solutions Private Limited?
The Corporate Identification Number (CIN) of IDS Next Business Solutions Private Limited is U72200KA1992PTC013696.
Where is IDS Next Business Solutions Private Limited registered?
IDS Next Business Solutions Private Limited is registered with RoC-Bangalore (Karnataka). Registered address: 2nd Floor, MFAR Green Heart, Phase IV Building, MFAR Manyata Tech Park, Nagawara, Venkateshapura, Bengaluru North, Karnataka 560045 (Source: Tofler, TheCompanyCheck, Falconebiz — all agree)
When was IDS Next Business Solutions Private Limited incorporated?
IDS Next Business Solutions Private Limited was incorporated on 16 November 1992 (Source: Tofler, TheCompanyCheck — agree).
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