COMPANY INTELLIGENCE PROFILE
Touchstone Enterprises Private Limited
Touchstone Enterprises Pvt Ltd is the legal entity operating "OffiNeeds" (offineeds.com), a Bengaluru-based B2B corporate gifting and employee-merchandise e-commerce platform founded ~2005 by Srikanth Acharya.
Touchstone Enterprises Pvt Ltd operates OffiNeeds, a Bengaluru-based B2B corporate gifting and merchandise e-commerce platform. Founded by Srikanth Acharya, it offers customizable products and services such as GiftKart and KitUp, serving over 2,000 corporate clients. In FY 2025, the company reported revenue of approximately Rs 37.27 crore with significant year-on-year EBITDA and net worth growth. It holds multiple open charges totaling up to Rs 4.6 crore across financial institutions. The company's funding history includes a modest seed round.
AI-generated, may contain errors.
Business Overview
- Touchstone Enterprises Pvt Ltd is the legal entity operating "OffiNeeds" (offineeds.com), a Bengaluru-based B2B corporate gifting and employee-merchandise e-commerce platform founded ~2005 by Srikanth Acharya.
- Per the official site: 21+ years of experience, 2,000+ corporate customers, named clients include Atlassian, Amazon, Ford, Infosys, Swiss Re, 4,000+ customizable products, own fulfillment center, ISO certifications.
- Key product lines/services: GiftKart, employee-choice gifting within budget, KitUp, custom kitting/fulfillment for welcome kits and event packages, Official BrandStores, white-labelled corporate merchandise portals, rewards/recognition programs, and bulk corporate gifting.
- A second brand, "TheHomeOffice", home-office furniture, is also associated with the entity per TheCompanyCheck.
- Source: offineeds.com (official site), Tofler, TheCompanyCheck.
Sector & Classification
Registered MCA activity: Real Estate Activities on a Fee or Contract Basis (NIC 70200 — a legacy/mismatched MCA code); actual operating business is E-commerce / B2B corporate gifting and merchandise retail (Tofler, TheCompanyCheck).
Directors & Key Management
Directors — source notes
Current (confirmed by ≥2 sources — Tofler, TheCompanyCheck, Falconebiz cache): 1. Govinthota Srikanth Acharya — DIN 02133817 — Whole-time Director, appointed 31-Dec-2008 (founder). 2. Acharya Govinthota Shubra — DIN 09762533 — Whole-time Director, appointed 12-Oct-2022. Additional name found only in one (older/stale-looking) source — IndiaFilings, whose page shows Last AGM 28-Sep-2022 and Last Balance Sheet 31-Mar-2022, i.e. a dated snapshot: 3. Rajalbandi Srinath — DIN 02134221 — listed "since 31-12-2008" but absent from the two more current sources, suggesting resignation before the 2022–2025 filings reflected on Tofler/TheCompanyCheck. Treat as a FORMER director, not confirmed current — partial/unconfirmed. No DINs invented; all three numbers are as directly reported by the named sources.
GST Registrations
| GSTIN | State | PAN |
|---|---|---|
| 29AADCT0960E1ZF | — | AADCT0960E |
| 33AADCT0960E2ZP | — | AADCT0960E |
| 36AADCT0960E2ZJ | — | AADCT0960E |
GST — source notes
Primary/home-state GSTIN (Karnataka): 29AADCT0960E1ZF — registered 01-Jul-2017, Active, Regular, Private Limited Company; address 1st Floor, Khata No 743/1, Old Mangammanapalya Road, Bengaluru Urban, Karnataka 560068 (source: Piceapp GST search, name+PAN consistent — PAN AADCT0960E matches Tofler's PAN for this CIN). Additional registrations found (multi-state e-commerce operations), all PAN-consistent (AADCT0960E): - Tamil Nadu: 33AADCT0960E2ZP — Active (Masters India / KnowYourGST cross-reference). - Telangana: 36AADCT0960E2ZJ — registered 09-Jul-2021, Active, Regular; principal place of business 90 APHB Colony, Gachibowli, Hyderabad, Telangana 500034; nature "Office/Sale Office" (Masters India). Total registrations confirmed: at least 3 states (Karnataka home state + Tamil Nadu + Telangana). Could not verify an exhaustive state-by-state list beyond these three — additional registrations are possible but not obtained. No entity-confusion: PAN prefix (AADCT0960E) is consistent across all three GSTINs and matches the company's MCA-linked PAN.
Financials
Touchstone Enterprises Private Limited reported a revenue increase of approximately 3.00% to Rs 37.27 Cr for the fiscal year ending March 2025. It employs around 97 to 105 staff and has shown significant EBITDA growth of 128.6% YoY.
AI-generated, may contain errors.
- FY ending 31-Mar-2024: Revenue ~Rs 36 Cr, Tofler / IndiaFilings-style aggregator figure.
- FY ending 31-Mar-2025: Revenue ~Rs 37.27 Cr, up ~3.00% YoY, TheCompanyCheck. Employee count ~97–105, as of Jul-2025 / Apr-2024, two sources, close enough to be consistent.
- Tofler additionally reports, as of Mar-2025, partial/ratio-only, absolute Rs figures locked behind paywall: EBITDA growth +128.6% YoY, Net worth growth +27.93% YoY, Net profit margin 0.63%, Operating margin 0.56%, Debt-to-equity 0.55.
- Absolute EBITDA, PAT and net worth Rs-crore figures are NOT obtained, paywalled on both Tofler and TheCompanyCheck free tiers.
- Standalone vs consolidated basis not specified by either source — treat figures as standalone/entity-level, no subsidiaries reported.
- Status: partial — revenue confirmed by 2 independent aggregators
- Profitability absolutes not obtained.
Funding History
- Tracxn lists a nominal funding event: total raised "$18.4K" over 1 round, dated 01-Jan-2016, lead investors K A Ravi Shankar and K A Nanjunda.
- This figure is unusually small and dated — per known data-source caveats, Tracxn cap-table/funding data for legal entities can be stale or unreliable, and this looks more like an early friends-and-family/seed infusion than an institutional round.
- Not corroborated by any second source, no Entrackr/Inc42/VCCircle coverage found.
- Status: partial/unconfirmed — reported as-is but flagged as low-confidence.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Kotak Mahindra Bank Limited | Rs 1.4 Cr | created ~Dec-2022 |
| HDFC Bank Limited | Rs 0.2 Cr | created ~Oct-2024 |
| Cholamandalam Investment & Finance Company | Rs 0.1 Cr | created ~Apr-2022 |
| Cr plus HDFC Bank | Rs 0.15 Cr | |
| Cr sum of named charges on Tofler vs | Rs 4.6 Cr | Total On Thecompanycheck |
- Open charges, per Tofler, most recent snapshot:
- TheCompanyCheck, different snapshot/rollup, reports: major lender bucket "Others" Rs 4.45
- The two sources disagree on aggregate open-charge amount, Rs ~1.7 — likely different as-of dates or one source bundling additional undisclosed charges under "Others." Reported with both figures and the conflict flagged
- Treat as partial/confirmed-directionally, multiple secured working-capital/lease-financing charges exist; exact current outstanding amount uncertain.
- Per known caveat, "no charges" on an aggregator would mean no open charges, not none ever — not applicable here since open charges are explicitly listed.
Credit Ratings
- No CRISIL, ICRA, or CARE rating was found for Touchstone Enterprises Private Limited or OffiNeeds via web search of rating-agency rationale pages or aggregator sites.
- Status: not obtained / none found., Small unlisted private companies of this scale frequently do not carry a public bank-facility rating.
Legal & Compliance
- No case records for "Touchstone Enterprises Private Limited", or CIN U70200KA2008PTC048760, were found on Indian Kanoon via targeted search. Status: none found.
Competitive Landscape
- Named peers in the Indian corporate-gifting / B2B merchandise space, rough scale tags, from industry "top corporate gifting companies" round-ups, 2026:
- Xoxoday — larger, well-funded SaaS+gifting/rewards platform, bigger scale than OffiNeeds.
- Swageazy (Gurugram) — comparable-scale, tech-first corporate swag/merchandise platform.
- PrintStop — larger, established print + corporate gifting/procurement player.
- Printo — comparable/larger, print & branded merchandise chain.
- IGP, corporate gifting arm, — larger consumer+corporate gifting platform.
- Ferns N Petals (FNP Corporate) — larger, diversified gifting/flowers major with a corporate vertical.
- Consortium Gifts, Giftana India — comparable-scale specialist corporate gifting vendors.
- No direct head-to-head market-share data found; scale tags are qualitative, based on relative brand prominence in aggregator listicles, not audited revenue comparisons.
Frequently Asked Questions
What does Touchstone Enterprises Pvt Ltd do?
Touchstone Enterprises Pvt Ltd operates 'OffiNeeds', a Bengaluru-based B2B corporate gifting and merchandise e-commerce platform. The company offers customizable products and services such as GiftKart, KitUp, and Official BrandStores.
What is the CIN of Touchstone Enterprises Pvt Ltd?
The CIN of Touchstone Enterprises Pvt Ltd is U70200KA2008PTC048760.
What is the GSTIN for the company's operations in Karnataka?
The GSTIN for Touchstone Enterprises Pvt Ltd in Karnataka is 29AADCT0960E1ZF.
When was Touchstone Enterprises Pvt Ltd incorporated?
Touchstone Enterprises Pvt Ltd was incorporated in 2008.
Where is the registered office of Touchstone Enterprises Pvt Ltd located?
The registered office of Touchstone Enterprises Pvt Ltd is located at Site No. 211, Municipal No. 14/1, 4th Floor, 5th Cross, 9th Main, Jayanagar 2nd Block, Madhavan Park, Bangalore South, Karnataka 560011.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.