MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0177427
Sridama Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹85.34 Lakh
▼ 36% YoY
Net profit · FY 2023
₹6.83 Lakh
Net margin 8%
EBITDA · FY 2023
₹17.59 Lakh
EBITDA margin 20.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
About Sridama Business Solutions Private Limited
Data last updated:
Sridama Business 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 03 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069964. Its GSTIN is 29AATCS3303E2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Srinivas Rao Davalapur Sathyanarayan (Managing Director) and Dhronamraju Saisatya Subrahmanya Rajeev (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 12B117 12th Floor No 78 Salarpuria Magnifica Tin Factory, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2023, the company reported a revenue of ₹85.34 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹6.83 Lakh (net margin 8%) and EBITDA of ₹17.59 Lakh (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 2% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sridama.
Sridama Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0177427). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sridama.com.
Company details
CIN U72200KA2013PTC069964
Registration Number 069964
Incorporation Date 03 July 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0177427
Key People
Srinivas Rao Davalapur Sathyanarayan Managing Director Dhronamraju Saisatya Subrahmanya Rajeev Whole-Time Director Recognitions & Rankings of Sridama Business Solutions
Contact details
Sridama Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is sridama.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 12B117 12th Floor No 78 Salarpuria Magnifica Tin Factory, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sridama Business Solutions Private Limited, buy the company report.
Comprehensive company report
Sridama Business 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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Brands
Sridama Business Solutions operates one associated brand: Sridama. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services in banking, telecom, and mobility sectors with custom software and staff augmentation. | sridama.com |
Business activity
The main business activity of Sridama Business 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 Sridama Business Solutions Private Limited, buy the company report.
Financials of Sridama Business Solutions Private Limited
FY 2023 filings availableSridama Business Solutions Private Limited reported revenue of ₹85.34 Lakh (down 36% YoY) for FY 2023.
Revenue · FY 2023
₹85.34 Lakh ▼ 36%
Net profit · FY 2023
₹6.83 Lakh margin 8%
EBITDA · FY 2023
₹17.59 Lakh margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 30%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 23%
5 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 36% fall in the latest year. EBITDA fell 46% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹17.59 Lakh | ||||
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| Net Profit (PAT) | ₹6.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Sridama Business Solutions Private Limited, buy the company report.
Board of directors of Sridama Business Solutions Private Limited
Sridama Business Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhronamraju Saisatya Subrahmanya Rajeev | Whole-Time Director | 03 Jul 2013 | 13 Years 4 Months | Current |
| Srinivas Rao Davalapur Sathyanarayan Also directs: Infilap LLP | Managing Director | 03 Jul 2013 | 13 Years 4 Months | Current |
Auditor
Sridama Business Solutions Private Limited is audited by GUDIPATI MEKA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUDIPATI MEKA & ASSOCIATES | FY 2021 | 017074S |
Shareholding
The shareholding of Sridama Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sridama Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sridama Business 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 Sridama Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sridama Business Solutions Private Limited has a workforce of 3 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-40%
GST
Sridama Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS3303E2Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sridama Business Solutions Private Limited, buy the company report.
Recent activity
Sridama Business Solutions Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Dhronamraju Saisatya Subrahmanya Rajeev ceased to be Director on 10 Feb 2021.
AGM
Sridama Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sridama Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Dhronamraju Saisatya Subrahmanya Rajeev ceased to be Director.
Ceased
Srinivas Rao Davalapur Sathyanarayan ceased to be Director.
Ceased
Kishore Venkata Karlapalem ceased to be Director.
Ceased
Sasmita Mishra ceased to be Director.
Appointed
Dhronamraju Saisatya Subrahmanya Rajeev was appointed as Whole-Time Director.
Appointed
Srinivas Rao Davalapur Sathyanarayan was appointed as Managing Director.
Incorporation
03 Jul 2013
Sridama Business Solutions Private Limited was registered on 03 Jul 2013 with Roc Bangalore & aged 13 years 4 months as per MCA records.
Frequently asked questions
Sridama Business 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 03 July 2013 (13+ years old) and is registered under CIN U72200KA2013PTC069964.
Sridama Business Solutions has 2 current directors:
- Srinivas Rao Davalapur Sathyanarayan - Managing Director
- Dhronamraju Saisatya Subrahmanya Rajeev - Whole-Time Director
The latest financial statements of Sridama Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sridama Business Solutions is 29AATCS3303E2Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sridama Business Solutions is U72200KA2013PTC069964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sridama Business Solutions was incorporated on 03 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhronamraju Saisatya Subrahmanya Rajeev ceased to be Director on 10 Feb 2021. Srinivas Rao Davalapur Sathyanarayan ceased to be Director on 10 Feb 2021. Kishore Venkata Karlapalem ceased to be Director on 27 Oct 2015. Sridama Business Solutions has 6 board changes on record in total.
Yes, Sridama Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0177427).
Sridama Business Solutions can be reached through the website sridama.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sridama Business Solutions is at No 12B117 12th Floor No 78 Salarpuria Magnifica Tin Factory, Bangalore, Karnataka, India – 560016.
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