GPS IT Solutions Private Limited
About GPS IT Solutions Private Limited
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GPS IT Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 22 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2015PTC096541. Its GSTIN is 37AAFCG9468G1Z4 (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gavarraju Desetti and Bhasuru Santosh Kumar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No. 9 – 40 – 10/5 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹42,547, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹91,307 (net margin -214.6%) and EBITDA of -₹91,307 (EBITDA margin -214.6%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 57% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GPS IT Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressH.No. 9 – 40 – 10/5 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustrySoftware, Software Publishing, Software Development
To see the full contact details of GPS 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 GPS IT Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of GPS IT Solutions Private Limited, buy the company report.
Financials of GPS IT Solutions Private Limited
FY 2025 filings availableGPS IT Solutions Private Limited reported revenue of ₹42,547 (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 95% fall in the latest year. EBITDA fell 156% 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 |
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| EBITDA | -₹91,307 | ||||
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| Net Profit (PAT) | -₹91,307 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -214.6% | ||||
| Net Profit Margin | -214.6% | ||||
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To see the full financial statements and ratios of GPS IT Solutions Private Limited, buy the company report.
Board of directors of GPS IT Solutions Private Limited
GPS IT Solutions 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 |
|---|---|---|---|---|
| Gavarraju Desetti | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
| Bhasuru Santosh Kumar | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
GPS IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Merecer Melhor Designs Private Limited | ₹43,000 (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Hrishikesh Tradevin Private Limited | ₹43,000 (FY 2025) | 0.0% | Howrah, West Bengal, India | |||
| Serene Spaces by Sonashu (OPC) Private Limited | ₹42,915 (FY 2025) | Belgaum, Karnataka, India | ||||
| Allfine International Private Limited | ₹42,845 (FY 2025) | -47.0% | Ahmedabad, Gujarat, India | |||
| Pristipure Private Limited | ₹42,781 (FY 2025) | 271.0% | Gandhinagar, Gujarat, India | |||
| GPS IT Solutions Private Limitedthis company | ₹42,547 (FY 2024) | -₹91,307 | -214.6% | -95.0% | Visakhapatnam, Andhra Pradesh, India | |
| Getwell Financial Consultants Private Limited | ₹42,500 (FY 2024) | -92.0% | Kolkata, West Bengal, India | |||
| Beautiful Living Private Limited | ₹42,500 (FY 2025) | Kolkata, West Bengal, India | ||||
| Hogwarts Life Sciences Private Limited | ₹42,460 (FY 2024) | Sultanpur, Uttar Pradesh, India | ||||
| Hanuman Promoters and Builders Private Limited | ₹42,300 (FY 2025) | New Delhi, Delhi, India | ||||
| Estilo Books Private Limited | ₹42,210 (FY 2025) | 78.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of GPS IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GPS 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 GPS IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GPS IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCG9468G1Z4 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GPS IT Solutions Private Limited, buy the company report.
Recent activity
GPS IT Solutions Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Lokeswara Rao Mungandi ceased to be Director on 04 Jul 2016.
Frequently asked questions
GPS IT Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in software publishing, within the software industry. It was incorporated on 22 April 2015 (11+ years old) and is registered under CIN U72200AP2015PTC096541.
GPS IT Solutions has 2 current directors:
- Gavarraju Desetti - Director
- Bhasuru Santosh Kumar - Director
The latest financial statements of GPS IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of GPS IT Solutions is 37AAFCG9468G1Z4, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of GPS IT Solutions is U72200AP2015PTC096541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GPS IT Solutions was incorporated on 22 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of GPS IT Solutions by revenue are Merecer Melhor Designs Private Limited, Hrishikesh Tradevin Private Limited, Serene Spaces by Sonashu (OPC) Private Limited, Allfine International Private Limited, Pristipure Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Lokeswara Rao Mungandi ceased to be Director on 04 Jul 2016. Bhasuru Santosh Kumar was appointed as Director on 22 Apr 2015. Gavarraju Desetti was appointed as Director on 22 Apr 2015.
The registered office of GPS IT Solutions is at H.No. 9 – 40 – 105 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003.
GPS IT Solutions operates in the software industry, in the software publishing segment.
The compliance status of GPS IT Solutions is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
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