Greatlakes IT Services Private Limited
About Greatlakes IT Services Private Limited
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Greatlakes IT Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 02 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2023PTC169741.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karunakarans Sivakami and Narasimhan Srinivasan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #364 Kv Nilyam 7th Cross Gandhi Puram Whitefield Landmark Mothermarry Statute, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.86 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹32,347 (net margin -0.7%) and EBITDA of -₹17,031 (EBITDA margin -0.4%).
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- Registered Address#364 Kv Nilyam 7th Cross Gandhi Puram Whitefield Landmark Mothermarry Statute, Bangalore, Karnataka, India – 560066
- 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
- One PDF report, delivered after checkout
Business Activity of Greatlakes IT Services Private Limited
The main business activity of Greatlakes IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Greatlakes IT Services Private Limited FY 2025 filings available
Greatlakes IT Services Private Limited reported revenue of ₹45.86 Lakh (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Greatlakes IT Services Private Limited
Revenue rose 30% in the latest year. EBITDA rose 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Greatlakes IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹17,031 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32,347 | •••• | •••• |
| 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 of Greatlakes IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.4% | •••• | •••• |
| Net Profit Margin | -0.7% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Greatlakes IT Services are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Greatlakes IT Services Private Limited
Greatlakes IT Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karunakarans Sivakami | Director | 02 Jan 2023 | 3 Years 9 Months | Current |
| Narasimhan Srinivasan | Director | 02 Jan 2023 | 3 Years 9 Months | Current |
Peer Comparison of Greatlakes IT Services Private Limited
Greatlakes IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K Pyng Tech Private Limited | ₹45.96 Lakh (FY 2024) | •••• | •••• | 457.0% | •••• | Vadodara, Gujarat, India |
| Up2 Tech Private Limited | ₹45.94 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Kunnamkulam, Kerala, India |
| Pecfy Technologies Private Limited | ₹45.94 Lakh (FY 2022) | •••• | •••• | 278.0% | •••• | Pune, Maharashtra, India |
| Akshay Microprocessors Private Limited | ₹45.92 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Regent Computronics Private Limited | ₹45.87 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Greatlakes IT Services Private Limited this company | ₹45.86 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Bangalore, Karnataka, India |
| Webeaz Technologies Private Limited | ₹45.83 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Sterling Infosystems (India) Private Limited | ₹45.83 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Inspirepro Consulting Services Private Limited | ₹45.82 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Chennai, Tamil Nadu, India |
| Lstech Ventures Private Limited | ₹45.82 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Adhoc Softwares Private Limited | ₹45.81 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Greatlakes IT Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Greatlakes IT Services Private Limited
Greatlakes IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Greatlakes IT Services Private Limited
Employment history and EPFO contributions of people linked to Greatlakes IT Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Greatlakes IT Services Private Limited
Greatlakes IT Services Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Karunakarans Sivakami was appointed as Director on 02 Jan 2023.
Credit Ratings, Litigation & Regulatory Alerts for Greatlakes IT Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Greatlakes IT Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Greatlakes IT Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Greatlakes IT Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Greatlakes IT Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Greatlakes IT Services Private Limited
Greatlakes IT Services 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 02 January 2023 (3+ years old) and is registered under CIN U72900KA2023PTC169741.
Greatlakes IT Services reported revenue of ₹45.86 Lakh for FY 2025 (up 30% YoY).
Greatlakes IT Services has 2 current directors:
- Karunakarans Sivakami - Director
- Narasimhan Srinivasan - Director
Greatlakes IT Services reported a net loss of ₹32,347 (net margin -0.7%) and EBITDA of -₹17,031 (EBITDA margin -0.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Greatlakes IT Services is U72900KA2023PTC169741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greatlakes IT Services was incorporated on 02 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Greatlakes IT Services by revenue are K Pyng Tech Private Limited, Up2 Tech Private Limited, Pecfy Technologies Private Limited, Akshay Microprocessors Private Limited, Regent Computronics Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Karunakarans Sivakami was appointed as Director on 02 Jan 2023. Narasimhan Srinivasan was appointed as Director on 02 Jan 2023.
The registered office of Greatlakes IT Services is at #364 Kv Nilyam 7th Cross Gandhi Puram Whitefield Landmark Mothermarry Statute, Bangalore, Karnataka, India – 560066.
Greatlakes IT Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Greatlakes IT Services operates in the information technology industry, in the other computer related activities segment.