- Udyam number
- UDYAM-MH-26-0450209

About Krishagni Solutions Private Limited
Data last updated:
Krishagni Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2009PTC133352. Its GSTIN is 27AADCK5999G1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srikant Adiga and Bhandimata Geetha Krishnamoorthy Adiga.
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 Flat No 20 5th Floor Vaishali Apartments Someshwar Park Pashan, Pune, Maharashtra, India – 411008.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.25 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹8.6 Cr (net margin 40.5%) and EBITDA of ₹11.25 Cr (EBITDA margin 53%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: OpenSpecimen.
Krishagni Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0450209). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website openspecimen.org.
Recognitions & Rankings of Krishagni Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No 20 5th Floor Vaishali Apartments Someshwar Park Pashan, Pune, Maharashtra, India – 411008
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Krishagni Solutions Private Limited
Krishagni Solutions operates one associated brand: OpenSpecimen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides LIMS software for tracking biospecimens from collection to utilization in research. | openspecimen.org |
Business Activity of Krishagni Solutions Private Limited
The main business activity of Krishagni 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 Krishagni Solutions Private Limited FY 2024 filings available
Krishagni Solutions Private Limited reported revenue of ₹21.25 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Krishagni Solutions Private Limited
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 49% 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 Krishagni 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 | ₹11.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.6 Cr | •••• | •••• | •••• | •••• |
| 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 Krishagni Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 40.5% | •••• | •••• | •••• | •••• |
| 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 Krishagni 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 Krishagni Solutions Private Limited
Krishagni Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikant Adiga | Director | 12 Jan 2009 | 17 Years 9 Months | Current |
| Bhandimata Geetha Krishnamoorthy Adiga | Director | 10 Aug 2013 | 13 Years 2 Months | Current |
Peer Comparison of Krishagni Solutions Private Limited
Krishagni 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 |
|---|---|---|---|---|---|---|
| Force Ten Technologies Private Limited | ₹21.63 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Kolkata, West Bengal, India |
| Blue Pal Solutions Private Limited | ₹21.46 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Hyderabad, Telangana, India |
| Deephealth Technologies Private Limited | ₹21.44 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Take-Two Interactive India Private Limited | ₹21.39 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Juego Studio Private Limited | ₹21.26 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Krishagni Solutions Private Limited this company | ₹21.25 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Accven Technologies Private Limited | ₹21.25 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Pune, Maharashtra, India |
| Adit Microsys Pvt Ltd | ₹21.23 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Cetas Information Technology Private Limited | ₹21.18 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Adroitent ITES Private Limited | ₹21.17 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
| Taazaa Tech Private Limited | ₹21.09 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Krishagni 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 Krishagni Solutions Private Limited
Krishagni Solutions Private Limited is audited by MSDN & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSDN & Associates | 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 Krishagni 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 Krishagni Solutions Private Limited
Krishagni Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Krishagni Solutions Private Limited
Krishagni Solutions Private Limited has a workforce of 17 employees as of Apr 07, 2024.
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 Krishagni Solutions Private Limited
Krishagni Solutions Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Bhandimata Geetha Krishnamoorthy Adiga ceased to be Additional Director on 30 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Krishagni 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 Krishagni 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 Krishagni 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 Krishagni Solutions Private Limited
Krishagni Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK5999G1ZZ | Maharashtra | Active | 01 Jul 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 Krishagni 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 Krishagni Solutions Private Limited
Krishagni Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 January 2009 (17+ years old) and is registered under CIN U72900PN2009PTC133352.
Krishagni Solutions reported revenue of ₹21.25 Cr for FY 2024 (down 33% YoY).
Krishagni Solutions has 2 current directors:
- Srikant Adiga - Director
- Bhandimata Geetha Krishnamoorthy Adiga - Director
Krishagni Solutions reported a net profit of ₹8.6 Cr (net margin 40.5%) and EBITDA of ₹11.25 Cr (EBITDA margin 53%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krishagni Solutions is 16% over three years and 20% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Krishagni Solutions is 27AADCK5999G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Krishagni Solutions is U72900PN2009PTC133352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishagni Solutions was incorporated on 12 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Krishagni Solutions by revenue are Force Ten Technologies Private Limited, Blue Pal Solutions Private Limited, Deephealth Technologies Private Limited, Take-Two Interactive India Private Limited, Juego Studio Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bhandimata Geetha Krishnamoorthy Adiga ceased to be Additional Director on 30 Sep 2013. Bhandimata Geetha Krishnamoorthy Adiga was appointed as Director on 10 Aug 2013. Deepa Shrikant Adiga ceased to be Director on 10 Aug 2013. Krishagni Solutions has 4 board changes on record in total.
Yes, Krishagni Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0450209).