About Kiona Software Solution Private Limited
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Kiona Software Solution Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC033951. Its GSTIN is 29AACCK3585H1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Munivenkataramana Harish Hosakote and Stanley Deepak Natarajan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. 15/1 3rd Cross 80 Ft. Road Koramangala 4th Block Bangalore. 560034., Karnataka, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹44.24 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹16.74 Lakh (net margin -37.8%) and EBITDA of -₹13.47 Lakh (EBITDA margin -30.4%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kionasoftware.com.
Company details
Contact details
Kiona Software Solution Private Limited's registered office is in Bangalore, Karnataka. Its website is kionasoftware.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 15/1 3rd Cross 80 Ft. Road Koramangala 4th Block Bangalore. 560034., Karnataka, India
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kiona Software Solution 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 Kiona Software Solution is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Kiona Software Solution Private Limited, buy the company report.
Financials of Kiona Software Solution Private Limited
FY 2021 filings availableKiona Software Solution Private Limited reported revenue of ₹44.24 Lakh (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 50% fall 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
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| EBITDA | -₹13.47 Lakh | ||||
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| Net Profit (PAT) | -₹16.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -30.4% | ||||
| Net Profit Margin | -37.8% | ||||
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To see the full financial statements and ratios of Kiona Software Solution Private Limited, buy the company report.
Board of directors of Kiona Software Solution Private Limited
Kiona Software Solution 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 |
|---|---|---|---|---|
| Munivenkataramana Harish Hosakote Also directs: Wow Beach Club LLP | Director | 17 May 2004 | 22 Years 5 Months | Current |
| Stanley Deepak Natarajan Also directs: Sunetos Global Private Limited | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Abdul Waheed | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
Auditor
Kiona Software Solution Private Limited is audited by KUMAR AND KUMARA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR AND KUMARA | FY 2019 | 014529S |
Shareholding
The shareholding of Kiona Software Solution Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kiona Software Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kiona Software Solution 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 Kiona Software Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kiona Software Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK3585H1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kiona Software Solution Private Limited, buy the company report.
Recent activity
Kiona Software Solution Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Abdul Waheed was appointed as Director on 30 Sep 2015.
Frequently asked questions
Kiona Software Solution is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 May 2004 (22+ years old) and is registered under CIN U72200KA2004PTC033951.
Kiona Software Solution has 3 current directors:
- Munivenkataramana Harish Hosakote - Director
- Stanley Deepak Natarajan - Director
- Abdul Waheed - Director
The latest financial statements of Kiona Software Solution on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Kiona Software Solution is 29AACCK3585H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Kiona Software Solution is U72200KA2004PTC033951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiona Software Solution was incorporated on 17 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Abdul Waheed was appointed as Director on 30 Sep 2015. Vijaya Reddy ceased to be Director on 30 Sep 2015. Stanley Deepak Natarajan was appointed as Director on 01 Feb 2012. Kiona Software Solution has 5 board changes on record in total.
Kiona Software Solution can be reached through the website kionasoftware.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kiona Software Solution is at No. 151 3rd Cross 80 Ft. Road Koramangala 4th Block Bangalore. 560034., Karnataka, India.
Kiona Software Solution operates in the information technology industry, in the IT consulting and support services segment.