MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0241853
Sibay Techno Solutions Private Limited
Sibay Techno Solutions Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.35 Cr
▲ 17198% YoY
Net profit · FY 2024
₹23.09 Lakh
Net margin 9.8%
EBITDA · FY 2024
₹27.86 Lakh
EBITDA margin 11.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
46
Provident fund records
Directors on board
2
As per MCA filings
About Sibay Techno Solutions Private Limited
Data last updated:
Sibay Techno Solutions 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 30 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC139155. Its GSTIN is 29ABECS5566K1ZO (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ganesh Prasad Devraj and Ramalingam Saravanan Areesh Kumar.
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 #72/67/1 Kaikondrahalli, Bangalore, Karnataka, India – 560035.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.09 Lakh (net margin 9.8%) and EBITDA of ₹27.86 Lakh (EBITDA margin 11.8%).
The company has about 46 employees on its provident fund (EPFO) records.
Sibay Techno Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0241853).
Company details
CIN U72900KA2020PTC139155
Registration Number 139155
Incorporation Date 30 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0241853
Recognitions & Rankings of Sibay Techno Solutions
Contact details
Sibay Techno Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#72/67/1 Kaikondrahalli, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Sibay Techno Solutions 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 Sibay Techno Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Sibay Techno Solutions Private Limited, buy the company report.
Financials of Sibay Techno Solutions Private Limited
FY 2024 filings availableSibay Techno Solutions Private Limited reported revenue of ₹2.35 Cr (up 17198% YoY) for FY 2024.
Revenue · FY 2024
₹2.35 Cr ▲ 17198%
Net profit · FY 2024
₹23.09 Lakh margin 9.8%
EBITDA · FY 2024
₹27.86 Lakh margin 11.8%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹27.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹23.09 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.8% | |||
| Net Profit Margin | 9.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Sibay Techno Solutions Private Limited, buy the company report.
Board of directors of Sibay Techno Solutions Private Limited
Sibay Techno Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Prasad Devraj Also directs: Pepride Travel Solutions Private Limited | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
| Ramalingam Saravanan Areesh Kumar | Additional Director | 21 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Sibay Techno Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dharma IT Solutions Private Limited | ₹2.36 Cr (FY 2025) | 80.0% | Hyderabad, Telangana, India | |||
| Checkexplore Technologies Private Limited | ₹2.36 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Codenomad Private Limited | ₹2.36 Cr (FY 2025) | 38.0% | Mohali, Punjab, India | |||
| Veridic Technologies Private Limited | ₹2.36 Cr (FY 2025) | -41.0% | Panchkula, Haryana, India | |||
| Cuztomise Softech Private Limited | ₹2.36 Cr (FY 2025) | 30.0% | Indore, Madhya Pradesh, India | |||
| Sibay Techno Solutions Private Limitedthis company | ₹2.35 Cr (FY 2024) | ₹23.09 Lakh | 9.8% | 17198.0% | Bangalore, Karnataka, India | |
| Star Global Search Private Limited | ₹2.35 Cr (FY 2018) | 745.0% | Navi Mumbai, Maharashtra, India | |||
| Alendei Platforms Private Limited | ₹2.35 Cr (FY 2024) | Vadodara, Gujarat, India | ||||
| Tagnos-Ind Private Limited | ₹2.35 Cr (FY 2024) | -47.0% | Hyderabad, Telangana, India | |||
| Jaynik Eduserve Private Limited | ₹2.35 Cr (FY 2025) | 124.0% | Ahmedabad, Gujarat, India | |||
| Tekzenit India Private Limited | ₹2.34 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sibay Techno Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sibay Techno 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 Sibay Techno Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sibay Techno Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS5566K1ZO | Karnataka | Active | 03 Dec 2022 |
To see the full GST registrations and return filing status of Sibay Techno Solutions Private Limited, buy the company report.
Recent activity
Sibay Techno Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Ratnakar Nagnath Vibhute ceased to be Director on 31 May 2025.
Ceased
Ratnakar Nagnath Vibhute ceased to be Director.
Appointed
Ramalingam Saravanan Areesh Kumar was appointed as Additional Director.
AGM
Sibay Techno Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sibay Techno Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Juhitha ceased to be Director.
Appointed
Ratnakar Nagnath Vibhute was appointed as Director.
Appointed
Ganesh Prasad Devraj was appointed as Director.
Ceased
Praveen Gandhi ceased to be Director.
Incorporation
30 Sep 2020
Sibay Techno Solutions Private Limited was registered on 30 Sep 2020 with Roc Bangalore & aged 6 years 1 month as per MCA records.
Frequently asked questions
Sibay Techno Solutions 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 30 September 2020 (6+ years old) and is registered under CIN U72900KA2020PTC139155.
Sibay Techno Solutions has 2 current directors:
- Ganesh Prasad Devraj - Director
- Ramalingam Saravanan Areesh Kumar - Additional Director
The latest financial statements of Sibay Techno Solutions 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 FY 2021 are in the company report.
The GSTIN of Sibay Techno Solutions is 29ABECS5566K1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Sibay Techno Solutions is U72900KA2020PTC139155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sibay Techno Solutions was incorporated on 30 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sibay Techno Solutions by revenue are Dharma IT Solutions Private Limited, Checkexplore Technologies Private Limited, Codenomad Private Limited, Veridic Technologies Private Limited, Cuztomise Softech Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Ratnakar Nagnath Vibhute ceased to be Director on 31 May 2025. Ramalingam Saravanan Areesh Kumar was appointed as Additional Director on 21 May 2025. Juhitha ceased to be Director on 17 May 2023. Sibay Techno Solutions has 6 board changes on record in total.
Yes, Sibay Techno Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0241853).
The registered office of Sibay Techno Solutions is at #72671 Kaikondrahalli, Bangalore, Karnataka, India – 560035.
Sibay Techno Solutions operates in the information technology industry, in the IT consulting and support services segment.
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