Tarasvi Infotech Private Limited

Tarasvi Infotech Private Limited - information technology in Shimoga, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2016PTC097193 Incorporated 17 October 2016 ROC Bangalore HQ Shimoga, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹2.75 Lakh
▼ 29% YoY
Net loss · FY 2024
₹6.97 Lakh
Net margin -253.3%
EBITDA · FY 2024
-₹6.73 Lakh
EBITDA margin -244.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Tarasvi Infotech Private Limited

Data last updated:

Tarasvi Infotech Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC097193. Its GSTIN is 29AAGCT0644L1Z0 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sheela Lokeshappa and Dandigenahalli Sharanappa Nitheesh.

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 Isiri Savalanga Road Basaveshwara Nagar, Shimoga, Karnataka, India – 577204.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.75 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Lakh (net margin -253.3%) and EBITDA of -₹6.73 Lakh (EBITDA margin -244.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.

The company is associated with 1 brand: Tarasvi Infotech.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tarasviinfotech.com.

Company details

CIN U74999KA2016PTC097193
Registration Number 097193
Incorporation Date 17 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Tarasvi Infotech Private Limited's registered office is in Shimoga, Karnataka. Its website is tarasviinfotech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Isiri Savalanga Road Basaveshwara Nagar, Shimoga, Karnataka, India – 577204
  • Industry
    Information Technology, Application Development & Software Solutions, Web Design & Maintenance Services

To see the full contact details of Tarasvi Infotech Private Limited, buy the company report.

Comprehensive company report
Tarasvi Infotech 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

Tarasvi Infotech operates one associated brand: Tarasvi Infotech. Each brand links to its own profile.

BrandDescriptionWebsite
Provides IT software development, web development, and digital marketing worldwide.tarasviinfotech.com

Business activity

The main business activity of Tarasvi Infotech is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Tarasvi Infotech Private Limited, buy the company report.

Financials of Tarasvi Infotech Private Limited

FY 2024 filings available

Tarasvi Infotech Private Limited reported revenue of ₹2.75 Lakh (down 29% YoY) for FY 2024.

Revenue · FY 2024
₹2.75 Lakh ▼ 29%
Net loss · FY 2024
₹6.97 Lakh margin -253.3%
EBITDA · FY 2024
-₹6.73 Lakh margin -244.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 21%
5 years · compounded
▼ 32%
EBITDA CAGR growth
3 years · compounded
▲ 26%
5 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 29% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹6.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.97 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-244.5%
Net Profit Margin-253.3%
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 Tarasvi Infotech Private Limited, buy the company report.

Board of directors of Tarasvi Infotech Private Limited

Tarasvi Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sheela LokeshappaDirector17 Oct 201610 Years 0 MonthsCurrent
Dandigenahalli Sharanappa NitheeshDirector20 Feb 20260 Years 8 MonthsCurrent

Auditor

Tarasvi Infotech Private Limited is audited by VASANTHKUMAR ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VASANTHKUMAR ASSOCIATESFY 2023026342

Shareholding

The shareholding of Tarasvi Infotech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tarasvi Infotech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tarasvi Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tarasvi Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCT0644L1Z0KarnatakaActive26 Dec 2018

To see the full GST registrations and return filing status of Tarasvi Infotech Private Limited, buy the company report.

Recent activity

Tarasvi Infotech Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Dandigenahalli Sharanappa Nitheesh was appointed as Director on 20 Feb 2026.

Appointed
Dandigenahalli Sharanappa Nitheesh was appointed as Director.
AGM
Tarasvi Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tarasvi Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Rajashekar Lokeshappa was appointed as Director.
Appointed
Sheela Lokeshappa was appointed as Director.
Incorporation
17 Oct 2016
Tarasvi Infotech Private Limited was registered on 17 Oct 2016 with Roc Bangalore & aged 10 years 6 days as per MCA records.

Frequently asked questions

Tarasvi Infotech is an active private limited company based in Shimoga, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 October 2016 (10+ years old) and is registered under CIN U74999KA2016PTC097193.

Tarasvi Infotech has 2 current directors:

The latest financial statements of Tarasvi Infotech 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 2017 are in the company report.

The GSTIN of Tarasvi Infotech is 29AAGCT0644L1Z0, registered in Karnataka.

The CIN (Corporate Identification Number) of Tarasvi Infotech is U74999KA2016PTC097193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tarasvi Infotech was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Dandigenahalli Sharanappa Nitheesh was appointed as Director on 20 Feb 2026. Rajashekar Lokeshappa was appointed as Director on 17 Oct 2016. Sheela Lokeshappa was appointed as Director on 17 Oct 2016.

Tarasvi Infotech can be reached through the website tarasviinfotech.com. Its registered office is in Shimoga, Karnataka, India.

The registered office of Tarasvi Infotech is at Isiri Savalanga Road Basaveshwara Nagar, Shimoga, Karnataka, India – 577204.

Tarasvi Infotech operates in the information technology industry, in the application development and software solutions segment.