About Skedool IT Private Limited
Data last updated:
Skedool IT Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of My Ally Inc. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 March 2016.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2016PTC103749. Its GSTIN is 36AAWCS9018H1ZP (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nirmala Devi Bayireddy and Nancharayya Bayireddy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 6th Floor Mp Tech Park, Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.01 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -34.7%) and EBITDA of -₹97.78 Lakh (EBITDA margin -32.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: My Ally. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round); the latest was in March 2016.
The last known website on record is myally.ai.
Company details
Contact details
Skedool IT Private Limited's registered office is in Hyderabad, Telangana. Its website is myally.ai. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address6th Floor Mp Tech Park Plot No. 5 & 6 Survey No. 12 White Field Road Kondapu, R, Hyderabad, Telangana, India – 500084
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Skedool IT 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 Skedool IT 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 Skedool IT Private Limited, buy the company report.
Financials of Skedool IT Private Limited
FY 2022 filings availableSkedool IT Private Limited reported revenue of ₹3.01 Cr (down 69% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 69% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.01 Cr | ||||
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| EBITDA | -₹97.78 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.5% | ||||
| Net Profit Margin | -34.7% | ||||
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To see the full financial statements and ratios of Skedool IT Private Limited, buy the company report.
Board of directors of Skedool IT Private Limited
Skedool IT 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 |
|---|---|---|---|---|
| Nirmala Devi Bayireddy Also directs: Swaasa Health Care Technology Private Limited, Sanyam Estates Private Limited, N&N Living Private Limited and 4 more | Director | 26 Sep 2020 | 6 Years 1 Months | Current |
| Nancharayya Bayireddy Also directs: Elevare Estates LLP, Techlinx IT Services Private Limited, Swaasa Health Care Technology Private Limited and 5 more | Director | 26 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Skedool IT Private Limited is audited by PRASHANT SINGH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT SINGH & ASSOCIATES | FY 2021 | 014351S |
Shareholding
The shareholding of Skedool IT Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Skedool IT Private Limited, buy the company report.
Deals & funding
Skedool IT Private Limited has 1 deal on record (1 funding round); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | Undisclosed | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Skedool IT Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Skedool IT Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Skedool IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Skedool IT Private Limited has a workforce of 37 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Skedool IT has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS9018H1ZP | Telangana | Active | 14 Aug 2017 |
To see the full GST registrations and return filing status of Skedool IT Private Limited, buy the company report.
Recent activity
Skedool IT Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Shridhar Laxmikant Mirani ceased to be Director on 31 Oct 2020.
News
Frequently asked questions
Skedool IT is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Skedool IT is a company pending strike off, currently registered as a private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 March 2016 and is registered under CIN U74900TG2016PTC103749. The company may be struck off soon - caution is advised.
The compliance status of Skedool IT is compliant as of 21 July 2026.
Skedool IT has 2 current directors:
- Nirmala Devi Bayireddy - Director
- Nancharayya Bayireddy - Director
The CIN (Corporate Identification Number) of Skedool IT is U74900TG2016PTC103749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skedool IT was incorporated on 09 March 2016. It is registered with the Registrar of Companies, Hyderabad.
Skedool IT can be reached through the website myally.ai. Its registered office is in Hyderabad, Telangana, India.
The registered office of Skedool IT is at 6th Floor Mp Tech Park Plot No. 5 & 6 Survey No. 12 White Field Road Kondapu, R, Hyderabad, Telangana, India – 500084.
The latest financial statements of Skedool IT on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Skedool IT is 36AAWCS9018H1ZP, registered in Telangana.