
About Piqotech Software Solutions Private Limited
Data last updated:
Piqotech Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC122219. Its GSTIN is 33AAJCP8255C1ZG (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Meyyappan Meenakshi Sundaram and Anantharaman Veeraraghavan.
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.4 Sri Devi Street, Perumal Nagar Extension Old Pallavaram Chennai, Tamil Nadu, India – 600117.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.08 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹20.9 Lakh (net margin 10.1%) and EBITDA of ₹35.33 Lakh (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 73% over five years.
The company is associated with 2 brands: Cryotos and PiqoTech.
Piqotech Software Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0225929). For more details, the company can be reached via its website piqotech.com.
Company details
Recognitions & Rankings of Piqotech Software Solutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0225929
Contact details
Piqotech Software Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is piqotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.4 Sri Devi Street, Perumal Nagar Extension Old Pallavaram Chennai, Tamil Nadu, India – 600117
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Piqotech Software 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
Piqotech Software Solutions operates two associated brands: Cryotos and PiqoTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-based computerized maintenance management software for efficient operations. | cryotos.com | |
| Provides consulting, implementation, and integration for logistics software. | piqotech.com |
Business activity
The main business activity of Piqotech Software Solutions 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 Piqotech Software Solutions Private Limited, buy the company report.
Financials of Piqotech Software Solutions Private Limited
FY 2025 filings availablePiqotech Software Solutions Private Limited reported revenue of ₹2.08 Cr (up 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 78% growth in the latest year. EBITDA rose 130% 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 |
|---|---|---|---|---|---|
| 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 | ₹35.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.9 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 10.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Piqotech Software Solutions Private Limited, buy the company report.
Board of directors of Piqotech Software Solutions Private Limited
Piqotech Software Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meyyappan Meenakshi Sundaram | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
| Anantharaman Veeraraghavan Also directs: Codedtx Solutions Private Limited | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
| Veerappan Ganesh | Additional Director | 26 Apr 2024 | 2 Years 5 Months | Current |
Peer comparison
Piqotech Software Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Zodiac Holdings Private Limited | ₹2.09 Cr (FY 2024) | -97.0% | New Delhi, Delhi, India | |||
| Piqotech Software Solutions Private Limitedthis company | ₹2.08 Cr (FY 2024) | ₹20.9 Lakh | 10.1% | 78.0% | Chennai, Tamil Nadu, India | |
| Livscience Technologies Private Limited | ₹2.07 Cr (FY 2025) | 79.0% | Bangalore, Karnataka, India | |||
| Pascalcase Software Private Limited | ₹2.06 Cr (FY 2024) | 57.0% | Shankarpally, Telangana, India |
To see the full peer comparison of Piqotech Software Solutions Private Limited, buy the company report.
Auditor
Piqotech Software Solutions Private Limited is audited by ALBERT AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALBERT AND ASSOCIATES | FY 2021 | 011743S |
Shareholding
The shareholding of Piqotech Software Solutions 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 Piqotech Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Piqotech Software Solutions 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 Piqotech Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piqotech Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP8255C1ZG | Tamil Nadu | Active | 12 May 2018 |
To see the full GST registrations and return filing status of Piqotech Software Solutions Private Limited, buy the company report.
Recent activity
Piqotech Software Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Veerappan Ganesh was appointed as Additional Director on 26 Apr 2024.
Frequently asked questions
Piqotech Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U72900TN2018PTC122219.
Piqotech Software Solutions has 3 current directors:
- Meyyappan Meenakshi Sundaram - Director
- Anantharaman Veeraraghavan - Director
- Veerappan Ganesh - Additional Director
The latest financial statements of Piqotech Software Solutions 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 2019 are in the company report.
The GSTIN of Piqotech Software Solutions is 33AAJCP8255C1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Piqotech Software Solutions is U72900TN2018PTC122219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piqotech Software Solutions was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Piqotech Software Solutions by revenue are Zodiac Holdings Private Limited, Livscience Technologies Private Limited, Pascalcase Software Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Veerappan Ganesh was appointed as Additional Director on 26 Apr 2024. Anantharaman Veeraraghavan was appointed as Director on 19 Apr 2018. Meyyappan Meenakshi Sundaram was appointed as Director on 19 Apr 2018.
Yes, Piqotech Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Piqotech Software Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0225929).
Piqotech Software Solutions can be reached through the website piqotech.com. Its registered office is in Chennai, Tamil Nadu, India.