About Kyndryl Solutions Private Limited
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Kyndryl Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kyndryl 1 B.V.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC142940. Its GSTIN is 29AAICG7692M1ZN (Karnataka). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹76.79 Cr. It was formerly known as Grand Ocean Managed Infrastructure Services Private Limited. It is led by directors including Lingraju Swakar (Managing Director) and Rajita Singh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,336.77 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹672.28 Cr (net margin 8.1%) and EBITDA of ₹1,083.24 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 27,370 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kyndryl. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 5 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹76.79 Cr; the latest was in October 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is RPSG Ventures Limited with revenue of ₹9,707.85 Cr. The company has 14 MSME Form 1 returns on record between 2021 and 2024, listing 1,564 overdue payments to 87 micro and small suppliers.
For more details, the company can be reached via its website kyndryl.com.
Company details
Contact details
Kyndryl Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is kyndryl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRmz Titanium 135 1st Floor, Hal Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kyndryl Solutions 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
Brands
Kyndryl Solutions operates one associated brand: Kyndryl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile application development, data management, and cloud services are offered. | kyndryl.com |
Business activity
The main business activity of Kyndryl Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Kyndryl Solutions Private Limited, buy the company report.
Financials of Kyndryl Solutions Private Limited
FY 2025 filings availableKyndryl Solutions Private Limited reported revenue of ₹8,336.77 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 2% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1,083.24 Cr | ||||
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| Net Profit (PAT) | ₹672.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Kyndryl Solutions Private Limited, buy the company report.
Board of directors of Kyndryl Solutions Private Limited
Kyndryl Solutions has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajita Singh Also directs: SVHG Agri Solutions LLP, Raaha Logistics Private Limited | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Lingraju Swakar | Managing Director | 25 Aug 2021 | 5 Years 2 Months | Current |
| Venkitaraman Subash | Director | 02 Mar 2022 | 4 Years 7 Months | Current |
| Saurabh Awasthi | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Kyndryl Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RPSG Ventures Limited | ₹9,707.85 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| WNS Global Services Private Limited | ₹9,241.85 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Optum Global Solutions (India) Private Limited | ₹9,080.5 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Elevar Digitel Infrastructure Private Limited | ₹8,886.16 Cr (FY 2020) | -21.0% | Mumbai, Maharashtra, India | |||
| Adobe Systems India Private Limited | ₹8,634.92 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Kyndryl Solutions Private Limitedthis company | ₹8,336.77 Cr (FY 2025) | ₹672.28 Cr | 8.1% | 2.0% | 27,370 | Bangalore, Karnataka, India |
| Firstsource Solutions Limited | ₹7,979.45 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Goldman Sachs Services Private Limited | ₹7,713.25 Cr (FY 2025) | 11.0% | Bengaluru, Karnataka, India | |||
| One 97 Communications Limited | ₹7,624.9 Cr (FY 2025) | -28.0% | New Delhi, Delhi, India | |||
| Brightcom Group Limited | ₹7,390.31 Cr (FY 2023) | 47.0% | Hyderabad, Telangana, India | |||
| Sonata Information Technology Limited | ₹7,387.75 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kyndryl Solutions Private Limited, buy the company report.
Auditor
Kyndryl Solutions Private Limited is audited by Prince Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prince Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E/ E-300009 |
Shareholding
The shareholding of Kyndryl Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kyndryl Solutions Private Limited, buy the company report.
Deals & funding
Kyndryl Solutions Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹76.79 Cr; the latest was in October 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Kyndryl 1 BV, Kyndryl International LLC Seller: Ibm World Trade Holding Llc, Kyndryl International LLC |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Kyndryl International LLC Seller: Kyndryl Inc |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Kyndryl Inc Seller: Kyndryl Intermediate LLC |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Kyndryl Intermediate LLC Seller: International Business Machines Corporation |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: International Business Machines Corporation Seller: Ibm World Trade Corporation |
To see the full deal history of Kyndryl Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kyndryl Solutions Private Limited has 12 court cases on record: 5 filed by Kyndryl Solutions, 7 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| District courts | 4 | 4 | 3 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Ibm India Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Bharat Electronics Limited | Pending |
| High Court | Writ petition | Filed by the company against Ibm India Private Limited and 2 others | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Satelliteweave Ventures Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State Represented Through Baddal Kanaage Labour Enforcement Officer Central Pune | Pending |
To see the full case history of Kyndryl Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kyndryl Solutions Private Limited has 14 MSME Form 1 returns on record between 2021 and 2024, listing 1,564 overdue payments to 87 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 87)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ashirwad Graphics | |||
| A R Infratech Services | |||
| Acpl Systems Private Limited | |||
| Ace Infotech | |||
| 1To1help Net Private Limited |
To see the full MSME payment records of Kyndryl Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kyndryl Solutions Private Limited has a workforce of 27,370 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kyndryl Solutions has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICG7692M1ZN | Karnataka | Active | 01 Feb 2021 |
| 29AAICG7692M2ZM | Karnataka | Active | 26 Aug 2021 |
| 20AAICG7692M1Z5 | Jharkhand | Active | 13 Jul 2021 |
| 27AAICG7692M1ZR | Maharashtra | Active | 13 Jul 2021 |
To see the full GST registrations and return filing status of Kyndryl Solutions Private Limited, buy the company report.
Recent activity
Kyndryl Solutions Private Limited has 11 board changes on record since 2021: 4 appointments and 7 cessations. The latest: Saurabh Awasthi ceased to be Additional Director on 28 Sep 2025.
2 earlier events are in the company report.
News
Frequently asked questions
Kyndryl Solutions 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 08 January 2021 (5+ years old) and is registered under CIN U72900KA2021PTC142940.
Kyndryl Solutions has 4 current directors:
- Lingraju Swakar - Managing Director
- Rajita Singh - Director
- Venkitaraman Subash - Director
- Saurabh Awasthi - Director
The latest financial statements of Kyndryl Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Kyndryl Solutions is 29AAICG7692M1ZN, registered in Karnataka. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 29AAICG7692M2ZM (Karnataka), 20AAICG7692M1Z5 (Jharkhand), 27AAICG7692M1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Kyndryl Solutions is U72900KA2021PTC142940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kyndryl Solutions has 12 court cases on record: 5 filed by the company and 7 filed against it. 5 are pending. Most are in the high courts.
Kyndryl Solutions was incorporated on 08 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Kyndryl Solutions has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹76.79 Cr; the latest was in October 2021.
The peers of Kyndryl Solutions by revenue are RPSG Ventures Limited, WNS Global Services Private Limited, Optum Global Solutions (India) Private Limited, Elevar Digitel Infrastructure Private Limited, Adobe Systems India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Saurabh Awasthi ceased to be Additional Director on 28 Sep 2025. Saurabh Awasthi was appointed as Director on 01 Aug 2025. Rajita Singh ceased to be Additional Director on 27 Sep 2023. Kyndryl Solutions has 11 board changes on record in total.
Kyndryl Solutions has 14 MSME Form 1 returns on record between 2021 and 2024, listing 1,564 overdue payments to 87 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Kyndryl Solutions can be reached through the website kyndryl.com. Its registered office is in Bangalore, Karnataka, India.