
About Fysi Technologies Private Limited
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Fysi Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 06 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2023PTC169988.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhugire Palli Nirneeth Reddy (Managing Director) and Mithun Kunhi Raman.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.24 4th Cross 1st Main Hebbal Kempapura, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.06 Lakh. For the same year it recorded a net loss of ₹2.12 Lakh (net margin -41.9%) and EBITDA of -₹2.12 Lakh (EBITDA margin -41.9%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fysitech.com.
Company details
Recognitions & Rankings of Fysi Technologies
Contact details
Fysi Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.24 4th Cross 1st Main Hebbal Kempapura, Bangalore, Karnataka, India – 560024
- IndustryInformation Technology, Other Computer Related Activities
- 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 Fysi Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Fysi Technologies Private Limited, buy the company report.
Financials of Fysi Technologies Private Limited
FY 2024 filings availableFysi Technologies Private Limited reported revenue of ₹5.06 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹2.12 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.12 Lakh | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -41.9% | |
| Net Profit Margin | -41.9% | |
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To see the full financial statements and ratios of Fysi Technologies Private Limited, buy the company report.
Board of directors of Fysi Technologies Private Limited
Fysi Technologies 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 |
|---|---|---|---|---|
| Mithun Kunhi Raman | Director | 24 Aug 2023 | 3 Years 2 Months | Current |
| Madhugire Palli Nirneeth Reddy | Managing Director | 06 Jan 2023 | 3 Years 10 Months | Current |
Peer comparison
Fysi Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhandari Control and Electricals Pvt Ltd | ₹5.21 Lakh (FY 2025) | -1.0% | Indore, Madhya Pradesh, India | |||
| Robonist Tech Solutions Private Limited | ₹5.2 Lakh (FY 2024) | 113.0% | Aurangabad, Maharashtra, India | |||
| Tunewell Electronics Private Limited | ₹5.2 Lakh (FY 2017) | -33.0% | Mumbai, Maharashtra, India | |||
| Sai Eswar Innovations Private Limited | ₹5.11 Lakh (FY 2025) | 5.0% | Tamil Nadu, India | |||
| Crear Electronics Private Limited | ₹5.06 Lakh (FY 2024) | -82.0% | Gandhinagar, Gujarat, India | |||
| Fysi Technologies Private Limitedthis company | ₹5.06 Lakh (FY 2024) | -₹2.12 Lakh | -41.9% | Bangalore, Karnataka, India | ||
| Sirius Turbo Machinery Private Limited | ₹5.03 Lakh (FY 2021) | Basaveshwarnagar, Karnataka, India | ||||
| Skyvenger Aviation Solutions Private Limited | ₹5.03 Lakh (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Letoile Systems Private Limited | ₹5.02 Lakh (FY 2021) | -89.0% | Pune, Maharashtra, India | |||
| Meeple Technologies Private Limited | ₹5.01 Lakh (FY 2025) | -84.0% | Indore, Madhya Pradesh, India | |||
| Diverse System Private Limited | ₹4.91 Lakh (FY 2024) | -12.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Fysi Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fysi Technologies 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 Fysi Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fysi Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fysi Technologies Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Mithun Kunhi Raman ceased to be Additional Director on 30 Dec 2024.
Frequently asked questions
Fysi Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 06 January 2023 (3+ years old) and is registered under CIN U72900KA2023PTC169988.
Fysi Technologies has 2 current directors:
- Madhugire Palli Nirneeth Reddy - Managing Director
- Mithun Kunhi Raman - Director
The latest financial statements of Fysi Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Fysi Technologies is U72900KA2023PTC169988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fysi Technologies was incorporated on 06 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fysi Technologies by revenue are Bhandari Control and Electricals Pvt Ltd, Robonist Tech Solutions Private Limited, Tunewell Electronics Private Limited, Sai Eswar Innovations Private Limited, Crear Electronics Private Limited and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Mithun Kunhi Raman ceased to be Additional Director on 30 Dec 2024. Mithun Kunhi Raman was appointed as Director on 24 Aug 2023. Ramadoss Vasant ceased to be Director on 24 Aug 2023. Fysi Technologies has 4 board changes on record in total.
Yes, Fysi Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Fysi Technologies can be reached through the website fysitech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Fysi Technologies is at No.24 4th Cross 1st Main Hebbal Kempapura, Bangalore, Karnataka, India – 560024.
Fysi Technologies operates in the information technology industry, in the other computer related activities segment.

