Itconnectus Tech India Private Limited

Itconnectus Tech India Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
CIN U72900PB2017PTC046185 Incorporated 01 March 2017 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹2.03 Cr
▼ 18% YoY
Net loss · FY 2025
₹34.85 Lakh
Net margin -17.2%
EBITDA · FY 2025
-₹32.61 Lakh
EBITDA margin -16.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings

About Itconnectus Tech India Private Limited

Data last updated:

Itconnectus Tech India Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2017PTC046185. Its GSTIN is 03AAICR1455P1Z3 (Punjab). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rightresource Technologies India Privatelimited and Rightresource Technologies India Private Limited. It is led by directors Shriniwas Reddy Kalluru and Vyza Satya Narayanareddy.

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 E – 52 Second Floor Phase – VIII Industrial Area, Mohali, Punjab, India – 160062.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.03 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹34.85 Lakh (net margin -17.2%) and EBITDA of -₹32.61 Lakh (EBITDA margin -16.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ITConnectUS. Court records list 2 cases involving the company, including 2 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itconnectus.com.

Company details

CIN U72900PB2017PTC046185
Registration Number 046185
Incorporation Date 01 March 2017
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Name history

Itconnectus Tech India has undergone 2 name changes throughout its history. The company was previously known as Rightresource Technologies India Privatelimited, and Rightresource Technologies India Private Limited. The current legal name is Itconnectus Tech India Private Limited.

Company NameStatus
Itconnectus Tech India Private LimitedCurrent
Rightresource Technologies India PrivatelimitedPrevious
Rightresource Technologies India Private LimitedPrevious

Contact details

Itconnectus Tech India Private Limited's registered office is in Mohali, Punjab. Its website is itconnectus.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    E – 52 Second Floor Phase – VIII Industrial Area, Mohali, Punjab, India – 160062
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Itconnectus Tech India Private Limited, buy the company report.

Comprehensive company report
Itconnectus Tech India Private Limited - one report that includes everything
  • 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
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Brands

Itconnectus Tech India operates one associated brand: ITConnectUS. Each brand links to its own profile.

BrandDescriptionWebsite
Offers custom software development services to create tailored applications.itconnectus.com

Business activity

The main business activity of Itconnectus Tech India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Itconnectus Tech India Private Limited, buy the company report.

Financials of Itconnectus Tech India Private Limited

FY 2024 filings available

Itconnectus Tech India Private Limited reported revenue of ₹2.03 Cr (down 18% YoY) for FY 2025.

Revenue · FY 2025
₹2.03 Cr ▼ 18%
Net loss · FY 2025
₹34.85 Lakh margin -17.2%
EBITDA · FY 2025
-₹32.61 Lakh margin -16.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 10%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 421%
3 years · compounded
▼ 126%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 18% fall in the latest year. EBITDA fell 421% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹32.61 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34.85 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-16.1%
Net Profit Margin-17.2%
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 Itconnectus Tech India Private Limited, buy the company report.

Board of directors of Itconnectus Tech India Private Limited

Itconnectus Tech India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vyza Satya NarayanareddyAdditional Director02 Mar 20206 Years 7 MonthsCurrent
Shriniwas Reddy KalluruDirector12 Apr 20242 Years 6 MonthsCurrent

Auditor

Itconnectus Tech India Private Limited is audited by PGM & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PGM & ASSOCIATESFY 2023017333N

Shareholding

The shareholding of Itconnectus Tech India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Itconnectus Tech India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Itconnectus Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Itconnectus Tech India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-14.29%

GST

Itconnectus Tech India has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAICR1455P1Z3PunjabActive24 Jul 2017
29AAICR1455P2ZOKarnatakaActive21 Jul 2023

To see the full GST registrations and return filing status of Itconnectus Tech India Private Limited, buy the company report.

Recent activity

Itconnectus Tech India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Kalluri Raja Mohan Reddy ceased to be Additional Director on 13 Apr 2024.

AGM
Itconnectus Tech India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kalluri Raja Mohan Reddy ceased to be Additional Director.
Ceased
Upender Medisetti ceased to be Additional Director.
Appointed
Shriniwas Reddy Kalluru was appointed as Director.
Filing
Itconnectus Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Vyza Satya Narayanareddy was appointed as Additional Director.
Ceased
Gaurav Rai ceased to be Director.
Ceased
Pranav Rawat ceased to be Director.
Incorporation
01 Mar 2017
Itconnectus Tech India Private Limited was registered on 01 Mar 2017 with Roc Chandigarh & aged 9 years 7 months as per MCA records.

Frequently asked questions

Itconnectus Tech India is an active private limited company based in Mohali, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U72900PB2017PTC046185.

Itconnectus Tech India has 2 current directors:

The latest financial statements of Itconnectus Tech India 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 2017 are in the company report.

The GSTIN of Itconnectus Tech India is 03AAICR1455P1Z3, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAICR1455P2ZO (Karnataka).

The CIN (Corporate Identification Number) of Itconnectus Tech India is U72900PB2017PTC046185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Itconnectus Tech India has 2 court cases on record: 2 filed by the company.

Itconnectus Tech India was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.

Kalluri Raja Mohan Reddy ceased to be Additional Director on 13 Apr 2024. Upender Medisetti ceased to be Additional Director on 13 Apr 2024. Shriniwas Reddy Kalluru was appointed as Director on 12 Apr 2024. Itconnectus Tech India has 6 board changes on record in total.

Itconnectus Tech India can be reached through the website itconnectus.com. Its registered office is in Mohali, Punjab, India.

The registered office of Itconnectus Tech India is at E – 52 Second Floor Phase – VIII Industrial Area, Mohali, Punjab, India – 160062.