Gosevit Software Development Private Limited
About Gosevit Software Development Private Limited
Data last updated:
Gosevit Software Development Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 04 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2018PTC109435.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Munirathnam Raya and Raya Lakshmi Kumari.
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 D.No. 8 – 65/1 3rd Floor Shreerama Towers Rc Road, Tirupati, Andhra Pradesh, India – 517502.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.93 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹67,903 (net margin 0.8%) and EBITDA of ₹5.73 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Company details
Contact details
Gosevit Software Development Private Limited's registered office is in Tirupati, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressD.No. 8 – 65/1 3rd Floor Shreerama Towers Rc Road, Tirupati, Andhra Pradesh, India – 517502
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Gosevit Software Development 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 Gosevit Software Development is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Gosevit Software Development Private Limited, buy the company report.
Financials of Gosevit Software Development Private Limited
FY 2024 filings availableGosevit Software Development Private Limited reported revenue of ₹87.93 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 40% fall in the latest year. EBITDA fell 44% 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 | ₹5.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67,903 | ||||
| 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 | 6.5% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Gosevit Software Development Private Limited, buy the company report.
Board of directors of Gosevit Software Development Private Limited
Gosevit Software Development has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raya Lakshmi Kumari | Additional Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Munirathnam Raya | Director | 04 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Gosevit Software Development Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of newspapers, books, periodicals, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreenath Mahima Publications Private Limited | ₹89.55 Lakh (FY 2024) | 25.0% | Jaipur, Rajasthan, India | |||
| Aap Ka Faisla Prakashan Private Limited | ₹89.46 Lakh (FY 2024) | -32.0% | Hamirpur, Himachal Pradesh, India | |||
| Renomate India Private Limited | ₹88.98 Lakh (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Acumentoday Private Limited | ₹88.64 Lakh (FY 2024) | 120.0% | Pune, Maharashtra, India | |||
| Asha Books Private Limited | ₹88.18 Lakh (FY 2024) | -34.0% | Lucknow, Uttar Pradesh, India | |||
| Gosevit Software Development Private Limitedthis company | ₹87.93 Lakh (FY 2024) | ₹67,903 | 0.8% | -40.0% | Tirupati, Andhra Pradesh, India | |
| Jyotish Sagar Private Limited | ₹87.6 Lakh (FY 2024) | -8.0% | Jaipur, Rajasthan, India | |||
| News 7 Private Limited | ₹87.46 Lakh (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| D.M. Offset Private Limited | ₹87.17 Lakh (FY 2017) | -10.0% | Udaipur, Rajasthan, India | |||
| Goodnews Digital Services Private Limited | ₹86.15 Lakh (FY 2025) | 66.0% | Chennai, Tamil Nadu, India | |||
| Vivaantiz Lifescience Private Limited | ₹86.06 Lakh (FY 2025) | 92.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Gosevit Software Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gosevit Software Development 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 Gosevit Software Development 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 Gosevit Software Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gosevit Software Development Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Umesh Chandra Prasad Recharla ceased to be Director on 28 Jun 2019.
Frequently asked questions
Gosevit Software Development is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 04 October 2018 (8+ years old) and is registered under CIN U72900AP2018PTC109435.
Gosevit Software Development has 2 current directors:
- Raya Lakshmi Kumari - Additional Director
- Munirathnam Raya - Director
The latest financial statements of Gosevit Software Development 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 CIN (Corporate Identification Number) of Gosevit Software Development is U72900AP2018PTC109435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gosevit Software Development was incorporated on 04 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Gosevit Software Development by revenue are Shreenath Mahima Publications Private Limited, Aap Ka Faisla Prakashan Private Limited, Renomate India Private Limited, Acumentoday Private Limited, Asha Books Private Limited and 5 more, all in the same principal business activity (publishing of newspapers, books, periodicals, etc. activities).
Umesh Chandra Prasad Recharla ceased to be Director on 28 Jun 2019. Raya Lakshmi Kumari was appointed as Additional Director on 26 Jun 2019. Munirathnam Raya was appointed as Director on 04 Oct 2018.
The registered office of Gosevit Software Development is at D.No. 8 – 651 3rd Floor Shreerama Towers Rc Road, Tirupati, Andhra Pradesh, India – 517502.
Gosevit Software Development operates in the information technology industry, in the other computer related activities segment.
Gosevit Software Development can be reached at its registered office: D.No. 8 – 651 3rd Floor Shreerama Towers Rc Road, Tirupati, Andhra Pradesh, India – 517502.
Gosevit Software Development is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
