About Open Stream Technologies (India) Private Limited
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Open Stream Technologies (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Openstream Inc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2000PTC026648. Its GSTIN is 29AABCP7752Q1ZK (Karnataka).
The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹30.22 Lakh. It was formerly known as Prithvi Software (India) Private Limited. It is led by directors including Rajeev Kaul and Rajasekhar Venkata Tumuluri.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.15 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹41.73 Lakh (net margin 4.6%) and EBITDA of ₹62.85 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 25% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website openstream.com.
Company details
Contact details
Open Stream Technologies (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is openstream.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1355 – 58 – 25 3rd Floor S.V.Arcade 9th Block South End Main Road Jayanaga, R, Bangalore, Karnataka, India – 560069
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Open Stream Technologies (India) 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 Open Stream Technologies (India) 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Open Stream Technologies (India) Private Limited, buy the company report.
Financials of Open Stream Technologies (India) Private Limited
FY 2024 filings availableOpen Stream Technologies (India) Private Limited reported revenue of ₹9.15 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 28% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹62.85 Lakh | ||||
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| Net Profit (PAT) | ₹41.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Open Stream Technologies (India) Private Limited, buy the company report.
Board of directors of Open Stream Technologies (India) Private Limited
Open Stream Technologies (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Kaul | Director | 01 Sep 2017 | 9 Years 1 Months | Current |
| Rajasekhar Venkata Tumuluri | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Sharad Kumar Hegde | Director | 02 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Open Stream Technologies (India) Private Limited is audited by RAJAGOPAL & BADRI NARAYANAN Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGOPAL & BADRI NARAYANAN Chartered Accountants | FY 2023 | 003024S |
Shareholding
The shareholding of Open Stream Technologies (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Open Stream Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Open Stream Technologies (India) 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 Open Stream Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Open Stream Technologies (India) Private Limited has a workforce of 32 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Open Stream Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP7752Q1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Open Stream Technologies (India) Private Limited, buy the company report.
Recent activity
Open Stream Technologies (India) Private Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Balaji Narayana ceased to be Director on 29 Dec 2017.
Frequently asked questions
Open Stream Technologies (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 20 March 2000 (26+ years old) and is registered under CIN U72300KA2000PTC026648.
Open Stream Technologies (India) has 3 current directors:
- Rajeev Kaul - Director
- Rajasekhar Venkata Tumuluri - Director
- Sharad Kumar Hegde - Director
The latest financial statements of Open Stream Technologies (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Open Stream Technologies (India) is 29AABCP7752Q1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Open Stream Technologies (India) is U72300KA2000PTC026648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Open Stream Technologies (India) was incorporated on 20 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Balaji Narayana ceased to be Director on 29 Dec 2017. Rajeev Kaul was appointed as Director on 01 Sep 2017. Haragopal Mangipudi ceased to be Additional Director on 30 Jun 2016. Open Stream Technologies (India) has 9 board changes on record in total.
Open Stream Technologies (India) can be reached through the website openstream.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Open Stream Technologies (India) is at 1355 – 58 – 25 3rd Floor S.V.Arcade 9th Block South End Main Road Jayanaga, R, Bangalore, Karnataka, India – 560069.
Open Stream Technologies (India) operates in the information technology industry, in the software development and support services segment.