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.
IDS Next Business Solutions Private Limited, based in Bengaluru and founded in 1992, provides a cloud-native, AI-enabled SaaS/ERP platform for the hospitality sector. Serving over 220 hotel chains in more than 50 countries, the company offers property management, point-of-sale, and guest engagement solutions. In FY2024, the company reported revenues of ₹41.66 crore, reflecting a 24% decrease year-over-year.
AI-generated, may contain errors.
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, Source: idsnext.com, Falconebiz name-history.
Sector & Classification
Information Technology — Computer programming, consultancy and related activities / software publishing (Source: TheCompanyCheck, Falconebiz)
Directors & Key Management
Directors — source notes
7 directors, with DINs per Falconebiz (cross-checked partially against Tofler which lists same 7 names without DINs): Binumathews (DIN 00108112, Director, apptd 5-Jan-2015); Hiren Haresh Ved (DIN 00049597, Nominee Director, apptd 7-Mar-2000); Suresh John (DIN 00084555, Director, apptd 16-Nov-1992); Stephen Poonnen (DIN 00066173, Director, apptd 31-Oct-1997); Vissal Mathew (DIN 00084520, Director, apptd 16-Nov-1992); Anumolu Balamurali Krishna (DIN 00095932, Director, apptd 31-Oct-1997); Jamshed Pesi Shaw (DIN 00562773, Director, apptd 3-May-2022). Note: Falconebiz and Tofler disagree slightly on a couple of appointment dates (e.g. Suresh John/Balamurali Krishna 1992 vs 1997) — flagged as a source conflict.
GST Registrations
Not obtained. PAN AAACI3832R (Tofler) would anchor a Karnataka-state-code(29) GSTIN, but no individual GSTIN record could be retrieved from knowyourgst.com or findgst.in (pages returned no queryable data / 404). Home state inferred as Karnataka from registered office; number of registrations and status not obtained.
Financials
IDS NEXT BUSINESS SOLUTIONS PRIVATE LIMITED reported a revenue of ₹41.66 crore for FY2024, a ~24% decrease year-over-year. Data for EBITDA, PAT, and net worth were not accessible. Figures for FY2025 on Tofler appeared unreliable.
AI-generated, may contain errors.
| FY2024, year ended 31-Mar-2024, Revenue | ₹41.66 crore, down ~24% YoY — confirmed, agreed by TheCompanyCheck and Falconebiz independently. |
| EBITDA and PAT | not obtained, paywalled on both sources. |
| Net worth | not obtained, Falconebiz notes +9.41% YoY change but no absolute figure. |
| 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, Falconebiz, TheCompanyCheck agree. |
Funding History
- Not obtained. No investor/VC funding round disclosed on the company site or in the fetched registry sources
- Company appears promoter/founder-held since 1992 incorporation. Not in scope for Tracxn cross-check within this pass.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| 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 |
- Open charges: ₹6.22 crore
- Satisfied charges: ₹7.13 crore, Source: Falconebiz, TheCompanyCheck — agree.
- Major lenders on record: — per Falconebiz only, not cross-verified on a second source, so treated as partial
Legal & Compliance
- Indian Kanoon records, Source: indiankanoon.org, 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.
Competitive Landscape
- Hospitality PMS/ERP-software peers, general industry knowledge, not source-verified line items: eZee Technosys, India-based, similar SMB/mid-market scale, Hotelogix, 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.
- These are sector-standard comparators, not pulled from a named per-company competitor database in this pass.
Frequently Asked Questions
What does IDS Next Business Solutions Private Limited do?
IDS Next is a Bengaluru-based hospitality-technology company established in 1992, providing a cloud-native, AI-enabled SaaS/ERP platform. It serves over 220 hotel chains across more than 50 countries, offering property management, point-of-sale, guest engagement, housekeeping, financial, and spa-management modules.
What is the Corporate Identity Number (CIN) of IDS Next Business Solutions Private Limited?
The CIN of IDS Next Business Solutions Private Limited is U72200KA1992PTC013696.
When was IDS Next Business Solutions Private Limited incorporated?
IDS Next Business Solutions Private Limited was incorporated on 16 November 1992.
What is the registered office address of IDS Next Business Solutions Private Limited?
The registered office of IDS Next Business Solutions Private Limited is located at 2nd Floor, MFAR Green Heart, Phase IV Building, MFAR Manyata Tech Park, Nagawara, Venkateshapura, Bengaluru North, Karnataka 560045.
Sources
Tofler (tofler.in) — identity, capital, directors, address; TheCompanyCheck (thecompanycheck.com) — identity, directors+DINs, financials, charges, NIC code; Falconebiz (falconebiz.com) — directors+DINs, financials, charges, lenders, name history, employee count; idsnext.com (official site) — business overview, logo/og:image, HQ address; Indian Kanoon (indiankanoon.org) — legal cases. GSTIN sources (knowyourgst.com, findgst.in) attempted but returned no usable data.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.