About Netelity Websolutions Private Limited
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Netelity Websolutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072299. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mallikarjuna Saana and Venkata Ramesh Vemparla.
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 #39 8th Main Road Vasanth Nagar Bengaluru, Karnataka, India – 560052.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.31 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Lakh (net margin 89.8%) and EBITDA of ₹1.17 Lakh (EBITDA margin 89.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 33% over five years.
The company is associated with 1 brand: Netelity Websolutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netelity.in.
Company details
Contact details
Netelity Websolutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is netelity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#39 8th Main Road Vasanth Nagar Bengaluru, Karnataka, India – 560052
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Netelity Websolutions 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
Netelity Websolutions operates one associated brand: Netelity Websolutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services including software development, migration, and cloud computing in Bengaluru. | netelity.in |
Business activity
The main business activity of Netelity Websolutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Netelity Websolutions Private Limited, buy the company report.
Financials of Netelity Websolutions Private Limited
FY 2021 filings availableNetelity Websolutions Private Limited reported revenue of ₹1.31 Lakh (down 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 12% fall in the latest year. EBITDA rose 189% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.17 Lakh | ||||
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| Net Profit (PAT) | ₹1.17 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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| Profitability | |||||
| EBITDA Margin | 89.8% | ||||
| Net Profit Margin | 89.8% | ||||
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To see the full financial statements and ratios of Netelity Websolutions Private Limited, buy the company report.
Board of directors of Netelity Websolutions Private Limited
Netelity Websolutions 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 |
|---|---|---|---|---|
| Mallikarjuna Saana | Director | 02 Jul 2022 | 4 Years 4 Months | Current |
| Venkata Ramesh Vemparla | Director | 02 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
Netelity Websolutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bodacious IT Hub Private Limited | ₹1.31 Lakh (FY 2021) | -94.0% | Jaipur, Rajasthan, India | |||
| Capapp IT Solution Private Limited | ₹1.31 Lakh (FY 2024) | 72.0% | New Delhi, Delhi, India | |||
| Weichware Infotech Private Limited | ₹1.31 Lakh (FY 2016) | Mohali, Punjab, India | ||||
| Extend Technosoft Private Limited | ₹1.31 Lakh (FY 2024) | -46.0% | Udaipur, Rajasthan, India | |||
| Prodigydx Private Limited | ₹1.31 Lakh (FY 2024) | Thane, Maharashtra, India | ||||
| Netelity Websolutions Private Limitedthis company | ₹1.31 Lakh (FY 2021) | ₹1.17 Lakh | 89.8% | -12.0% | Bengaluru, Karnataka, India | |
| Hisp India Info Systems Private Limited | ₹1.31 Lakh (FY 2025) | 5.0% | Noida, Uttar Pradesh, India | |||
| Bzy Mart Private Limited | ₹1.31 Lakh (FY 2019) | Hyderabad, Telangana, India | ||||
| Noviorbis Technologies Private Limited | ₹1.31 Lakh (FY 2017) | -80.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Netelity Websolutions Private Limited, buy the company report.
Auditor
Netelity Websolutions Private Limited is audited by S BAHT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S BAHT & ASSOCIATES | FY 2017 | 014925S |
Shareholding
The shareholding of Netelity Websolutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Netelity Websolutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Netelity Websolutions 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 Netelity Websolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netelity Websolutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Netelity Websolutions Private Limited, buy the company report.
Recent activity
Netelity Websolutions Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Mythri Hegde Hulkodu Chakrapani ceased to be Director on 14 Jul 2022.
Frequently asked questions
Netelity Websolutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 December 2013 (13+ years old) and is registered under CIN U72200KA2013PTC072299.
Netelity Websolutions has 2 current directors:
- Mallikarjuna Saana - Director
- Venkata Ramesh Vemparla - Director
The latest financial statements of Netelity Websolutions 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.
No. Netelity Websolutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Netelity Websolutions is U72200KA2013PTC072299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netelity Websolutions was incorporated on 03 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Netelity Websolutions by revenue are Bodacious IT Hub Private Limited, Capapp IT Solution Private Limited, Weichware Infotech Private Limited, Extend Technosoft Private Limited, Prodigydx Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mythri Hegde Hulkodu Chakrapani ceased to be Director on 14 Jul 2022. Prasanna Hegde ceased to be Director on 14 Jul 2022. Mallikarjuna Saana was appointed as Director on 02 Jul 2022. Netelity Websolutions has 5 board changes on record in total.
Netelity Websolutions can be reached through the website netelity.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Netelity Websolutions is at #39 8th Main Road Vasanth Nagar Bengaluru, Karnataka, India – 560052.
Netelity Websolutions operates in the information technology industry, in the application development and software solutions segment.
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