
Devmode IT Solutions Private Limited
About Devmode IT Solutions Private Limited
Data last updated:
Devmode IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 16 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075370. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Gopala Krishna Kumar Gurram and Swarnamanjari Cherukuri.
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 581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.39 Lakh. For the same year it recorded a net loss of ₹34,912 (net margin -2.8%) and EBITDA of -₹15,063 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devmode IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Infrastructure Management & Services, Cloud Computing & Cloud Services
To see the full contact details of Devmode IT Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Devmode IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Devmode IT Solutions Private Limited, buy the company report.
Financials of Devmode IT Solutions Private Limited
FY 2024 filings availableDevmode IT Solutions Private Limited reported revenue of ₹12.39 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years. EBITDA fell 161% 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 |
|---|---|---|---|---|---|
| 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 | -₹15,063 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34,912 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| Net Profit Margin | -2.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devmode IT Solutions Private Limited, buy the company report.
Board of directors of Devmode IT Solutions Private Limited
Devmode IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopala Krishna Kumar Gurram | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Swarnamanjari Cherukuri Also directs: Jio Beverages Private Limited, Thingsware Private Limited | Director | 16 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Devmode IT Solutions Private Limited is audited by VENKOBI PP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKOBI PP | FY 2017 | 207851 |
Shareholding
The shareholding of Devmode IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devmode IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devmode IT Solutions 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 Devmode IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devmode IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Devmode IT Solutions Private Limited, buy the company report.
Recent activity
Devmode IT Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ajitha Chandini Sri Gurram ceased to be Director on 22 Mar 2016.
Frequently asked questions
Devmode IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 16 July 2014 (12+ years old) and is registered under CIN U72200KA2014PTC075370.
Devmode IT Solutions has 2 current directors:
- Gopala Krishna Kumar Gurram - Director
- Swarnamanjari Cherukuri - Director
The latest financial statements of Devmode IT Solutions 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 2015 are in the company report.
No. Devmode IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Devmode IT Solutions is U72200KA2014PTC075370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devmode IT Solutions was incorporated on 16 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajitha Chandini Sri Gurram ceased to be Director on 22 Mar 2016. Durga Venkata Prasad Gurram ceased to be Director on 22 Mar 2016. Gopala Krishna Kumar Gurram was appointed as Director on 01 Dec 2014. Devmode IT Solutions has 4 board changes on record in total.
The registered office of Devmode IT Solutions is at 581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.
Devmode IT Solutions operates in the information technology industry, in the IT infrastructure management and services segment.
The compliance status of Devmode IT Solutions is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.

