MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0089019
Opencoding Private Limited
Opencoding Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.17 Lakh
▼ 60% YoY
Net loss · FY 2025
₹13.97 Lakh
Net margin -42.1%
EBITDA · FY 2025
-₹13.96 Lakh
EBITDA margin -42.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Opencoding Private Limited
Data last updated:
Opencoding Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC127720. Its GSTIN is 29AADCO0148H1ZI (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwathanarayana Sharanya and Sathyanarayan Thripuramba.
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 No.123 3rd Main 11th Cross, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.17 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹13.97 Lakh (net margin -42.1%) and EBITDA of -₹13.96 Lakh (EBITDA margin -42.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
Opencoding Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089019).
Company details
CIN U72900KA2019PTC127720
Registration Number 127720
Incorporation Date 06 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0089019
Recognitions & Rankings of Opencoding
Contact details
Opencoding Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.123 3rd Main 11th Cross, Bangalore, Karnataka, India – 560079
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Opencoding Private Limited, buy the company report.
Comprehensive company report
Opencoding Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Opencoding 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 Opencoding Private Limited, buy the company report.
Financials of Opencoding Private Limited
FY 2025 filings availableOpencoding Private Limited reported revenue of ₹33.17 Lakh (down 60% YoY) for FY 2025.
Revenue · FY 2025
₹33.17 Lakh ▼ 60%
Net loss · FY 2025
₹13.97 Lakh margin -42.1%
EBITDA · FY 2025
-₹13.96 Lakh margin -42.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 9%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 593%
3 years · compounded
▼ 52%
5 years · compounded
▼ 57%
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 593% 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 | -₹13.96 Lakh | ||||
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| Net Profit (PAT) | -₹13.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.1% | ||||
| Net Profit Margin | -42.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Opencoding Private Limited, buy the company report.
Board of directors of Opencoding Private Limited
Opencoding has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwathanarayana Sharanya | Director | 06 Sep 2019 | 7 Years 2 Months | Current |
| Sathyanarayan Thripuramba | Director | 11 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Opencoding Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Phidias Software Solutions Private Limited | ₹33.18 Lakh (FY 2024) | 10.0% | Thrissur, Kerala, India | |||
| Shailers Solutions Private Limited | ₹33.17 Lakh (FY 2024) | -34.0% | New Delhi, Delhi, India | |||
| Opencoding Private Limitedthis company | ₹33.17 Lakh (FY 2025) | -₹13.97 Lakh | -42.1% | -60.0% | Bangalore, Karnataka, India | |
| Infybytes AI Labs Private Limited | ₹33.17 Lakh (FY 2025) | -29.0% | Bangalore, Karnataka, India | |||
| Zecotok Labs (OPC) Private Limited | ₹33.17 Lakh (FY 2025) | -15.0% | Panchkula, Haryana, India | |||
| Adminence Private Limited | ₹33.17 Lakh (FY 2025) | -37.0% | Vadodara, Gujarat, India | |||
| Alphatech Cybersys Technologies Private Limited | ₹33.15 Lakh (FY 2024) | Hisar, Haryana, India | ||||
| Arn IT Solutions Private Limited | ₹33.15 Lakh (FY 2025) | -75.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Opencoding Private Limited, buy the company report.
Auditor
Opencoding Private Limited is audited by S K B S A CHOWDHARY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K B S A CHOWDHARY & ASSOCIATES | FY 2021 |
Shareholding
The shareholding of Opencoding Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Opencoding Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Opencoding 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 Opencoding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Opencoding has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO0148H1ZI | Karnataka | Active | 12 Sep 2019 |
To see the full GST registrations and return filing status of Opencoding Private Limited, buy the company report.
Recent activity
Opencoding Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Sreeram Pradeep ceased to be Director on 14 Jul 2021.
AGM
Opencoding Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Opencoding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sreeram Pradeep ceased to be Director.
Appointed
Sathyanarayan Thripuramba was appointed as Director.
Appointed
Ashwathanarayana Sharanya was appointed as Director.
Incorporation
06 Sep 2019
Opencoding Private Limited was registered on 06 Sep 2019 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Frequently asked questions
Opencoding 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 06 September 2019 (7+ years old) and is registered under CIN U72900KA2019PTC127720.
Opencoding has 2 current directors:
- Ashwathanarayana Sharanya - Director
- Sathyanarayan Thripuramba - Director
The latest financial statements of Opencoding 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 2020 are in the company report.
The GSTIN of Opencoding is 29AADCO0148H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Opencoding is U72900KA2019PTC127720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opencoding was incorporated on 06 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Opencoding by revenue are Phidias Software Solutions Private Limited, Shailers Solutions Private Limited, Infybytes AI Labs Private Limited, Zecotok Labs (OPC) Private Limited, Adminence Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sreeram Pradeep ceased to be Director on 14 Jul 2021. Sathyanarayan Thripuramba was appointed as Director on 11 Jul 2021. Ashwathanarayana Sharanya was appointed as Director on 06 Sep 2019.
Yes, Opencoding is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0089019).
The registered office of Opencoding is at No.123 3rd Main 11th Cross, Bangalore, Karnataka, India – 560079.
Opencoding operates in the information technology industry, in the IT consulting and support services segment.
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