Startup India Government of India
Coderays IT Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.97 Cr
▲ 67% YoY
Net profit · FY 2024
₹75,800
Net margin 0.4%
EBITDA · FY 2024
₹4.22 Lakh
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
15
Provident fund records
Directors on board
4
As per MCA filings
About Coderays IT Private Limited
Data last updated:
Coderays IT Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC128192. Its GSTIN is 33AAICC0870F1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Gajendran Sarathkumar and Radhakrishnan Mohan Doss.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.5/539 Kalaivanar Street New Otteri Vandalur, Chennai, Tamil Nadu, India – 600048.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.97 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹75,800 (net margin 0.4%) and EBITDA of ₹4.22 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CodeRays.
Coderays IT Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0018677). For more details, the company can be reached via its website coderays.com.
Company details
CIN U72900TN2019PTC128192
Registration Number 128192
Incorporation Date 25 March 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0018677
Recognitions & Rankings of Coderays IT
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-08-0018677
Contact details
Coderays IT Private Limited's registered office is in Chennai, Tamil Nadu. Its website is coderays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressNo.5/539 Kalaivanar Street New Otteri Vandalur, Chennai, Tamil Nadu, India – 600048
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Coderays IT Private Limited, buy the company report.
Comprehensive company report
Coderays IT Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Coderays IT operates one associated brand: CodeRays. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web, website, and app development along with digital marketing services. | coderays.com |
Business activity
The main business activity of Coderays IT is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Coderays IT Private Limited, buy the company report.
Financials of Coderays IT Private Limited
FY 2024 filings availableCoderays IT Private Limited reported revenue of ₹1.97 Cr (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹1.97 Cr ▲ 67%
Net profit · FY 2024
₹75,800 margin 0.4%
EBITDA · FY 2024
₹4.22 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 21%
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 67% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.22 Lakh | ||||
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| Net Profit (PAT) | ₹75,800 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Coderays IT Private Limited, buy the company report.
Board of directors of Coderays IT Private Limited
Coderays IT has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendran Sarathkumar Also directs: Thingzo Smart Private Limited | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Radhakrishnan Mohan Doss Also directs: Thingzo Smart Private Limited, Chennaigames Studio Private Limited | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Chitra | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Radhakrishnan Narendrababu Also directs: Thingzo Smart Private Limited, Chennaigames Studio Private Limited | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Coderays IT Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextgen Broadband Private Limited | ₹1.98 Cr (FY 2024) | 41.0% | Gurgaon, Haryana, India | |||
| Devkant Infotech Solutions (OPC) Private Limited | ₹1.98 Cr (FY 2025) | 110.0% | Patna, Bihar, India | |||
| Technosys Software & Networking Solutions Private Limited | ₹1.98 Cr (FY 2022) | Thane, Maharashtra, India | ||||
| Cha Chi Communications Private Limited | ₹1.98 Cr (FY 2025) | -18.0% | Gurgaon, Haryana, India | |||
| Bics Infotech Private Limited | ₹1.97 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Coderays IT Private Limitedthis company | ₹1.97 Cr (FY 2024) | ₹75,800 | 0.4% | 67.0% | 15 | Chennai, Tamil Nadu, India |
| Allaire Infocom Private Limited | ₹1.97 Cr (FY 2017) | 132.0% | Delhi, India | |||
| Indibiz Technologies Private Limited | ₹1.97 Cr (FY 2024) | -11.0% | Kozhikode, Kerala, India | |||
| Percept Infosol Private Limited | ₹1.97 Cr (FY 2025) | -51.0% | Secunderabad, Telangana, India | |||
| Dpod Labs Private Limited | ₹1.97 Cr (FY 2025) | 42.0% | Bengaluru, Karnataka, India | |||
| Inforica (India) Private Limited | ₹1.97 Cr (FY 2024) | -89.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Coderays IT Private Limited, buy the company report.
Auditor
Coderays IT Private Limited is audited by A VINCELIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A VINCELIN & CO | FY 2023 | 008713S |
Shareholding
The shareholding of Coderays IT Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Coderays IT Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Coderays IT Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coderays IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coderays IT Private Limited has a workforce of 15 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
Coderays IT has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICC0870F1ZZ | Tamil Nadu | Active | 25 Apr 2019 |
To see the full GST registrations and return filing status of Coderays IT Private Limited, buy the company report.
Recent activity
Coderays IT Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Chitra was appointed as Director on 10 Jun 2024.
AGM
Coderays It Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Chitra was appointed as Director.
Filing
Coderays It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Gajendran Sarathkumar was appointed as Director.
Appointed
Radhakrishnan Mohan Doss was appointed as Director.
Appointed
Radhakrishnan Narendrababu was appointed as Director.
Incorporation
25 Mar 2019
Coderays It Private Limited was registered on 25 Mar 2019 with Roc Chennai & aged 7 years 7 months as per MCA records.
Frequently asked questions
Coderays IT is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U72900TN2019PTC128192.
Coderays IT has 4 current directors:
- Gajendran Sarathkumar - Director
- Radhakrishnan Mohan Doss - Director
- Chitra - Director
- Radhakrishnan Narendrababu - Director
The latest financial statements of Coderays IT on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Coderays IT is 33AAICC0870F1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Coderays IT is U72900TN2019PTC128192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coderays IT was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Coderays IT by revenue are Nextgen Broadband Private Limited, Devkant Infotech Solutions (OPC) Private Limited, Technosys Software & Networking Solutions Private Limited, Cha Chi Communications Private Limited, Bics Infotech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chitra was appointed as Director on 10 Jun 2024. Gajendran Sarathkumar was appointed as Director on 10 Nov 2022. Radhakrishnan Mohan Doss was appointed as Director on 25 Mar 2019. Coderays IT has 4 board changes on record in total.
Yes, Coderays IT is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Coderays IT is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0018677).
Coderays IT can be reached through the website coderays.com. Its registered office is in Chennai, Tamil Nadu, India.