About Evora IT Solutions Private Limited
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Evora IT Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Allgeier Evora Holding Gmbh. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC061195. Its GSTIN is 29AACCE8896R1ZD (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nameeta Satish Kustagi and Vivek Joshi.
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 4th & 5th Floor No. 29 Hal Old Airport Road Kodihalli Murugeshpalya, Bengaluru, Karnataka, India – 560017.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.93 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.08 Cr (net margin 9.7%) and EBITDA of ₹10.06 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 29% over five years.
The company has about 249 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Evora.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evorait.com.
Company details
Contact details
Evora IT Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is evorait.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th & 5th Floor No. 29 Hal Old Airport Road Kodihalli Murugeshpalya, Bengaluru, Karnataka, India – 560017
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Evora 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
Brands
Evora IT Solutions operates one associated brand: Evora. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App development, intelligent asset management, and mobile solutions are provided. | evorait.com |
Business activity
The main business activity of Evora IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Evora IT Solutions Private Limited, buy the company report.
Financials of Evora IT Solutions Private Limited
FY 2024 filings availableEvora IT Solutions Private Limited reported revenue of ₹62.93 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.06 Cr | ||||
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| Net Profit (PAT) | ₹6.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 9.7% | ||||
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To see the full financial statements and ratios of Evora IT Solutions Private Limited, buy the company report.
Board of directors of Evora IT Solutions Private Limited
Evora IT Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nameeta Satish Kustagi | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
| Vivek Joshi | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
| Sivakumar Venkataraman | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Evora IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeniai Private Limited | ₹63.53 Cr (FY 2024) | 35.0% | Pune, Maharashtra, India | |||
| Lucid Holdings India Private Limited | ₹63.52 Cr (FY 2022) | 15.0% | New Delhi, Delhi, India | |||
| Webs Techno Private Limited | ₹63.51 Cr (FY 2025) | -6.0% | Bally, West Bengal, India | |||
| Quinstreet Software India Private Limited | ₹63.41 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Shakti E Solutions Private Limited | ₹63.12 Cr (FY 2025) | 116.0% | New Delhi, Delhi, India | |||
| Evora IT Solutions Private Limitedthis company | ₹62.93 Cr (FY 2025) | ₹6.08 Cr | 9.7% | -7.0% | 249 | Bengaluru, Karnataka, India |
| Amber Road Software Private Limited | ₹62.76 Cr (FY 2021) | -2.0% | Bangalore, Karnataka, India | |||
| Cadeploy Engineering Private Limited | ₹62.72 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Crimsonlogic India Private Limited | ₹62.69 Cr (FY 2024) | 4.0% | Bangalore, Karnataka, India | |||
| Atmel R & D India Private Limited | ₹62.68 Cr (FY 2016) | 19.0% | Chennai, Tamil Nadu, India | |||
| Cai Info India Private Limited | ₹62.67 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Evora IT Solutions Private Limited, buy the company report.
Auditor
Evora IT Solutions Private Limited is audited by V B S G & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V B S G & Co. | FY 2023 | 015931S |
Shareholding
The shareholding of Evora IT Solutions Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evora IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evora 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 Evora IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evora IT Solutions Private Limited has a workforce of 249 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 249 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Evora IT Solutions Private Limited, buy the company report.
GST
Evora IT Solutions has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE8896R1ZD | Karnataka | Active | 01 Jul 2017 |
| 09AACCE8896R1ZF | Uttar Pradesh | Active | 28 Dec 2022 |
| 36AACCE8896R1ZI | Telangana | Active | 14 Jul 2024 |
| 27AACCE8896R1ZH | Maharashtra | Active | 26 Jul 2024 |
To see the full GST registrations and return filing status of Evora IT Solutions Private Limited, buy the company report.
Recent activity
Evora IT Solutions Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Adithya Boggaram Setty ceased to be Director on 24 May 2023.
Frequently asked questions
Evora IT Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 November 2011 (15+ years old) and is registered under CIN U72900KA2011PTC061195.
Evora IT Solutions has 3 current directors:
- Nameeta Satish Kustagi - Director
- Vivek Joshi - Director
- Sivakumar Venkataraman - Director
The latest financial statements of Evora 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.
The GSTIN of Evora IT Solutions is 29AACCE8896R1ZD, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AACCE8896R1ZF (Uttar Pradesh), 36AACCE8896R1ZI (Telangana), 27AACCE8896R1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Evora IT Solutions is U72900KA2011PTC061195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evora IT Solutions was incorporated on 15 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Evora IT Solutions by revenue are Zeniai Private Limited, Lucid Holdings India Private Limited, Webs Techno Private Limited, Quinstreet Software India Private Limited, Shakti E Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Adithya Boggaram Setty ceased to be Director on 24 May 2023. Nameeta Satish Kustagi ceased to be Additional Director on 29 Sep 2018. Sivakumar Venkataraman ceased to be Additional Director on 29 Sep 2018. Evora IT Solutions has 9 board changes on record in total.
Evora IT Solutions can be reached through the website evorait.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Evora IT Solutions is at 4th & 5th Floor No. 29 Hal Old Airport Road Kodihalli Murugeshpalya, Bengaluru, Karnataka, India – 560017.
Evora IT Solutions operates in the information technology industry, in the application development and software solutions segment.
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