Inovyte Software Solutions Private Limited
About Inovyte Software Solutions Private Limited
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Inovyte Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the hardware consulting segment of the professional services sector. It was incorporated on 11 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72100TG2020PTC141598.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sandeep Reddy Venna and Kosuri Yashvanth Sai Anjaneya Varma.
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 Plot No.13 & 14 Fisrt Floor Vivekananda Nagar Colony Kuktapally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.36 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net loss of ₹90,865 (net margin -8.8%) and EBITDA of -₹73,637 (EBITDA margin -7.1%).
Company details
Contact details
Inovyte Software Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.13 & 14 Fisrt Floor Vivekananda Nagar Colony Kuktapally, Hyderabad, Telangana, India – 500072
- IndustryProfessional Services, Hardware Consulting
- 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 Inovyte Software 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 Inovyte Software Solutions Private Limited, buy the company report.
Financials of Inovyte Software Solutions Private Limited
FY 2024 filings availableInovyte Software Solutions Private Limited reported revenue of ₹10.36 Lakh (up 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 85% in the latest year. EBITDA fell 72% 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 |
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| EBITDA | -₹73,637 | |||
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| Net Profit (PAT) | -₹90,865 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -7.1% | |||
| Net Profit Margin | -8.8% | |||
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To see the full financial statements and ratios of Inovyte Software Solutions Private Limited, buy the company report.
Board of directors of Inovyte Software Solutions Private Limited
Inovyte Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Reddy Venna | Director | 11 Jul 2020 | 6 Years 3 Months | Current |
| Kosuri Yashvanth Sai Anjaneya Varma | Director | 11 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Inovyte Software Solutions Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Mustplay Games Private Limited | ₹10.37 Lakh (FY 2024) | 746.0% | Hyderabad, Telangana, India | |||
| Nazara Pro Gaming Private Limited | ₹10.36 Lakh (FY 2025) | 1229.0% | Mumbai, Maharashtra, India | |||
| Harisa Information Technology Services Private Limited | ₹10.36 Lakh (FY 2024) | -76.0% | Noida, Uttar Pradesh, India | |||
| Eden Innovative Infotech Private Limited | ₹10.36 Lakh (FY 2017) | -69.0% | Kochi, Kerala, India | |||
| Inovyte Software Solutions Private Limitedthis company | ₹10.36 Lakh (FY 2024) | -₹90,865 | -8.8% | 85.0% | Hyderabad, Telangana, India | |
| LSSK Projects Private Limited | ₹10.36 Lakh (FY 2021) | 2781.0% | Kanpur, Uttar Pradesh, India | |||
| Digverve Solutions Private Limited | ₹10.35 Lakh (FY 2023) | -25.0% | Bangalore, Karnataka, India | |||
| Metaplus Technologies Private Limited | ₹10.35 Lakh (FY 2024) | 57.0% | Latur, Maharashtra, India | |||
| Medeva Knowledge Systems Private Limited | ₹10.35 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Inovyte Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Inovyte Software 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 Inovyte Software Solutions 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 Inovyte Software Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Inovyte Software Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Kosuri Yashvanth Sai Anjaneya Varma was appointed as Director on 11 Jul 2020.
Frequently asked questions
Inovyte Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in hardware consulting, within the professional services industry. It was incorporated on 11 July 2020 (6+ years old) and is registered under CIN U72100TG2020PTC141598.
Inovyte Software Solutions has 2 current directors:
- Sandeep Reddy Venna - Director
- Kosuri Yashvanth Sai Anjaneya Varma - Director
The latest financial statements of Inovyte Software 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Inovyte Software Solutions is U72100TG2020PTC141598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovyte Software Solutions was incorporated on 11 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Inovyte Software Solutions by revenue are Mustplay Games Private Limited, Nazara Pro Gaming Private Limited, Harisa Information Technology Services Private Limited, Eden Innovative Infotech Private Limited, LSSK Projects Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kosuri Yashvanth Sai Anjaneya Varma was appointed as Director on 11 Jul 2020. Sandeep Reddy Venna was appointed as Director on 11 Jul 2020.
The registered office of Inovyte Software Solutions is at Plot No.13 & 14 Fisrt Floor Vivekananda Nagar Colony Kuktapally, Hyderabad, Telangana, India – 500072.
Inovyte Software Solutions operates in the professional services industry, in the hardware consulting segment.
Inovyte Software Solutions can be reached at its registered office: Plot No.13 & 14 Fisrt Floor Vivekananda Nagar Colony Kuktapally, Hyderabad, Telangana, India – 500072.
Inovyte Software Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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