About Coleague Solutions Private Limited
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Coleague Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074214. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anil Kumar Kandhi and Akarsh.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.56 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Lakh (net margin 2.3%) and EBITDA of ₹7.37 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 18% over five years.
The company is associated with 2 brands: COleague and CoLeague Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coleague.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor Psr Plaza Plot No.248, 24th Main Road Kr Layout J P Nagar 5th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Coleague Solutions Private Limited
The main business activity of Coleague Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Coleague Solutions Private Limited FY 2024 filings available
Coleague Solutions Private Limited reported revenue of ₹1.56 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Coleague Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 10% growth in the latest year. EBITDA fell 51% 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 of Coleague Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.63 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coleague Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Coleague Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Coleague Solutions Private Limited
Coleague Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frosthill Partners India Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 347.0% | •••• | Bangalore, Karnataka, India |
| Logisch Technologies Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | New Delhi, Delhi, India |
| Planet Web Solutions Private Limited | ₹1.57 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| Winhire Technologies Private Limited | ₹1.56 Cr (FY 2015) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Vixr India Private Limited | ₹1.56 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Coleague Solutions Private Limited this company | ₹1.56 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| CDL IT Private Limited | ₹1.56 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Vadodara, Gujarat, India |
| Detecvision Technologies Private Limited | ₹1.55 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Sollers Infotech Private Limited | ₹1.55 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| BL Information Software India Private Limited | ₹1.55 Cr (FY 2018) | •••• | •••• | 99.0% | •••• | Mohali, Punjab, India |
| TWBS Software Development Center Private Limited | ₹1.55 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kunnathunad, Kerala, India |
Peers are the five companies nearest above and the five nearest below Coleague Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Coleague Solutions Private Limited
Coleague Solutions Private Limited is audited by B S V and Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S V and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Coleague Solutions Private Limited
Coleague Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Kandhi | Director | 18 Mar 2014 | 12 Years 6 Months | Current |
| Akarsh Also directs: Crosswave Innovations Private Limited | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Coleague Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Coleague Solutions Private Limited
Coleague Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Coleague Solutions Private Limited
Coleague Solutions operates two associated brands: COleague and CoLeague Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive sports league management solutions through a dedicated platform. | coleague.io | |
| Software development, digital transformation, and IT consulting services are provided by CoLeague Solutions. | coleague.com |
Employees and EPFO Compliance at Coleague Solutions Private Limited
Employment history and EPFO contributions of people linked to Coleague Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Coleague Solutions Private Limited
Coleague Solutions Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Akarsh ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Coleague Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Coleague Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Coleague Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Coleague Solutions Private Limited
Coleague Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Coleague Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Coleague Solutions Private Limited
Coleague Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074214.
Coleague Solutions reported revenue of ₹1.56 Cr for FY 2024 (up 10% YoY).
Coleague Solutions has 2 current directors:
- Anil Kumar Kandhi - Director
- Akarsh - Director
Coleague Solutions reported a net profit of ₹3.63 Lakh (net margin 2.3%) and EBITDA of ₹7.37 Lakh (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coleague Solutions is 10% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
No. Coleague Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Coleague Solutions is U72200KA2014PTC074214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coleague Solutions was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Coleague Solutions by revenue are Frosthill Partners India Private Limited, Logisch Technologies Private Limited, Planet Web Solutions Private Limited, Winhire Technologies Private Limited, Vixr India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Akarsh ceased to be Additional Director on 29 Sep 2023. Akarsh was appointed as Director on 11 Nov 2022. Gundi Raja ceased to be Additional Director on 30 Sep 2019. Coleague Solutions has 6 board changes on record in total.
Coleague Solutions can be reached through the website coleague.com. Its registered office is in Bangalore, Karnataka, India.