Memrym Solutions India Private Limited
About Memrym Solutions India Private Limited
Data last updated:
Memrym Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29190KA2022PTC168048. Its GSTIN is 29AAQCM3620D1ZG (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Muhammed Farshad Puli Kkalakath and Sunjay Jose.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vaishnavi Signature Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.64 Lakh (net margin 1.2%) and EBITDA of ₹44.43 Lakh (EBITDA margin 1.3%).
The company has about 24 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGround Floor 78/9 Wework, Vaishnavi Signature Parking Outer Ring Road, Bangalore, Karnataka, India – 560103
- 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
Business Activity
The main business activity of Memrym Solutions India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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
Financials of Memrym Solutions India Private Limited
FY 2025 filings availableMemrym Solutions India Private Limited reported revenue of ₹35.08 Cr (up 610% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 610% in the latest year. EBITDA rose 338% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23in the company report |
|---|---|---|
| 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 | ₹44.43 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹43.64 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
| Metrics | FY 2023-24 | FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.3% | |
| Net Profit Margin | 1.2% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2022-23, 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 Memrym Solutions India are in the company report.
: available in the company report
Board of Directors of Memrym Solutions India Private Limited
Memrym Solutions India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muhammed Farshad Puli Kkalakath | Director | 25 Nov 2025 | 0 Years 10 Months | Current |
| Sunjay Jose Also directs: Girimaji Consulting Private Limited | Director | 01 Dec 2025 | 0 Years 10 Months | Current |
Peer Comparison
Memrym Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dark Horse Digital Solutions Private Limited | ₹35.17 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Radix Web Services Private Limited | ₹35.16 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Verinite Technologies Private Limited | ₹35.13 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Arctern Consulting Private Limited | ₹35.08 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Virmati Softwares and Telecommunications Ltd | ₹35.08 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Memrym Solutions India Private Limited this company | ₹35.08 Cr (FY 2024) | •••• | •••• | 610.0% | •••• | Bangalore, Karnataka, India |
| Coleta Software Solutions Private Limited | ₹35.05 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Avaali Solutions Private Limited | ₹35.01 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Maestrotech Systems Private Limited | ₹34.96 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Pune, Maharashtra, India |
| A. R. Comm Televenture Private Limited | ₹34.93 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
| Healthnet Global Limited | ₹34.86 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the companies nearest to Memrym Solutions India by revenue, above and below it, in the same principal business activity (other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Memrym Solutions India Private Limited is audited by A B D S & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A B D S & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Memrym Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Memrym Solutions India.
: available in the company report
Recent Activity
Memrym Solutions India Private Limited has 6 board changes on record since 2025: 3 appointments and 3 cessations. The latest: Sajeer Chala Parambath ceased to be Director on 02 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Memrym Solutions India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCM3620D1ZG | Karnataka | Active | 12 Dec 2022 |
| 36AAQCM3620D1ZL | Telangana | Active | 23 Sep 2023 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Memrym Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 November 2022 (4+ years old) and is registered under CIN U29190KA2022PTC168048.
Memrym Solutions India has 2 current directors:
- Muhammed Farshad Puli Kkalakath - Director
- Sunjay Jose - Director
The latest financial statements of Memrym Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Memrym Solutions India is 29AAQCM3620D1ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAQCM3620D1ZL (Telangana).
The CIN (Corporate Identification Number) of Memrym Solutions India is U29190KA2022PTC168048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Memrym Solutions India was incorporated on 18 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Memrym Solutions India by revenue are Dark Horse Digital Solutions Private Limited, Radix Web Services Private Limited, Verinite Technologies Private Limited, Arctern Consulting Private Limited, Virmati Softwares and Telecommunications Ltd and 5 more, all in the same principal business activity (other information & communication service activities).
Sajeer Chala Parambath ceased to be Director on 02 Dec 2025. Sunjay Jose was appointed as Director on 01 Dec 2025. Athul Jose ceased to be Director on 25 Nov 2025. Memrym Solutions India has 6 board changes on record in total.
The registered office of Memrym Solutions India is at Ground Floor 789 Wework, Vaishnavi Signature Parking Outer Ring Road, Bangalore, Karnataka, India – 560103.
Memrym Solutions India operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Memrym Solutions India is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.