KGN IT Solutions Private Limited
About KGN IT Solutions Private Limited
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KGN IT Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2010PTC062291. Its GSTIN is 24AAECK1840K1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohmedsajjad Mohmedismail Bagwan and Rizvan Alarakhabhai Vadia.
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 506 Iscon Elegance Opp. Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.36 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.94 Lakh (net margin 1.7%) and EBITDA of ₹6.04 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address506 Iscon Elegance Opp. Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
- 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 KGN IT Solutions Private Limited
The main business activity of KGN IT Solutions 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 | J6 | 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 KGN IT Solutions Private Limited FY 2024 filings available
KGN IT Solutions Private Limited reported revenue of ₹2.36 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of KGN IT Solutions Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 25% 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 of KGN IT Solutions Private Limited
| 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 | ₹6.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.94 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 of KGN IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 KGN IT Solutions are in the company report.
Financial statements from 2015
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 KGN IT Solutions Private Limited
KGN IT Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohmedsajjad Mohmedismail Bagwan | Director | 13 Sep 2010 | 16 Years 1 Months | Current |
| Rizvan Alarakhabhai Vadia | Director | 01 Dec 2012 | 13 Years 10 Months | Current |
| Asmabanu Mohmedsajjad Bagwan | Director | 17 Dec 2024 | 1 Years 10 Months | Current |
Peer Comparison of KGN IT Solutions Private Limited
KGN IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Beamstacks Software Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Haryana, India |
| Eventurers Solutions Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Puducherry, India |
| Inexgen Games Technologies Private Limited | ₹2.36 Cr (FY 2018) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| Coducer Technologies Private Limited | ₹2.36 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
| Marketgoal Digital Solutions Private Limited | ₹2.36 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| KGN IT Solutions Private Limited this company | ₹2.36 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Pravaa Infosystems Private Limited | ₹2.36 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Agni Interactive Gaming Solutions Private Limited | ₹2.35 Cr (FY 2023) | •••• | •••• | -49.0% | •••• | Hyderabad, Telangana, India |
| Priyatech Solutions (Pune) Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 380.0% | •••• | Pune, Maharashtra, India |
| I Code Technologies Private Limited | ₹2.35 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Vengage AI Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below KGN IT Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of KGN IT Solutions Private Limited
KGN IT Solutions Private Limited is audited by PRANAV U SHAH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRANAV U SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of KGN IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of KGN IT Solutions Private Limited
KGN IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at KGN IT Solutions Private Limited
Employment history and EPFO contributions of people linked to KGN IT Solutions.
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 KGN IT Solutions Private Limited
KGN IT Solutions Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Asmabanu Mohmedsajjad Bagwan was appointed as Director on 17 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for KGN IT Solutions 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 KGN IT Solutions 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 KGN IT Solutions 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 KGN IT Solutions Private Limited
KGN IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECK1840K1ZN | Gujarat | Active | 04 Dec 2017 |
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 KGN IT Solutions 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 KGN IT Solutions Private Limited
KGN IT Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 September 2010 (16+ years old) and is registered under CIN U72200GJ2010PTC062291.
KGN IT Solutions reported revenue of ₹2.36 Cr for FY 2024 (up 9% YoY).
KGN IT Solutions has 3 current directors:
- Mohmedsajjad Mohmedismail Bagwan - Director
- Rizvan Alarakhabhai Vadia - Director
- Asmabanu Mohmedsajjad Bagwan - Director
KGN IT Solutions reported a net profit of ₹3.94 Lakh (net margin 1.7%) and EBITDA of ₹6.04 Lakh (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of KGN IT Solutions is -6% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of KGN IT Solutions is 24AAECK1840K1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of KGN IT Solutions is U72200GJ2010PTC062291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KGN IT Solutions was incorporated on 13 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of KGN IT Solutions by revenue are Beamstacks Software Private Limited, Eventurers Solutions Private Limited, Inexgen Games Technologies Private Limited, Coducer Technologies Private Limited, Marketgoal Digital Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Asmabanu Mohmedsajjad Bagwan was appointed as Director on 17 Dec 2024. Gulamnasir Mohamed Rafik Shaikh ceased to be Director on 23 Jun 2017. Rizvan Alarakhabhai Vadia was appointed as Director on 01 Dec 2012. KGN IT Solutions has 4 board changes on record in total.
The registered office of KGN IT Solutions is at 506 Iscon Elegance Opp. Karnavati Club S.G. Road, Ahmedabad, Gujarat, India – 380054.