About Vagdevi IT Solutions Private Limited
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Vagdevi IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC102219.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dasu Kusuma and Ramesh Anarajula.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.25 Lakh, a growth of 137% compared to the previous year. For the same year it recorded a net loss of ₹16,911 (net margin -2%) and EBITDA of ₹25,997 (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vagdeviitsolutions.com.
Company details
Contact details
Vagdevi IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is vagdeviitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice: 221 Divine Hive Space Beside Jyothi Meadows Whitefields Hi, Tech City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vagdevi IT 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
Business activity
The main business activity of Vagdevi IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Vagdevi IT Solutions Private Limited, buy the company report.
Financials of Vagdevi IT Solutions Private Limited
FY 2023 filings availableVagdevi IT Solutions Private Limited reported revenue of ₹8.25 Lakh (up 137% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 137% growth in the latest year. EBITDA rose 316% 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
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| EBITDA | ₹25,997 | ||||
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| Net Profit (PAT) | -₹16,911 | ||||
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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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| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | -2% | ||||
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To see the full financial statements and ratios of Vagdevi IT Solutions Private Limited, buy the company report.
Board of directors of Vagdevi IT Solutions Private Limited
Vagdevi IT Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasu Kusuma | Director | 25 Oct 2022 | 4 Years 0 Months | Current |
| Ramesh Anarajula | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Vagdevi IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blitco IT Solutions Private Limited | ₹8.26 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| Baak Technology Private Limited | ₹8.26 Lakh (FY 2021) | 13.0% | Kolkata, West Bengal, India | |||
| Fleetparcel Logistics Private Limited | ₹8.26 Lakh (FY 2022) | Bhopal, Madhya Pradesh, India | ||||
| Uhm Infotech Private Limited | ₹8.26 Lakh (FY 2017) | 9.0% | Mumbai, Maharashtra, India | |||
| Sunglowsys Technologies Private Limited | ₹8.26 Lakh (FY 2024) | -40.0% | Kasganj, Uttar Pradesh, India | |||
| Vagdevi IT Solutions Private Limitedthis company | ₹8.25 Lakh (FY 2023) | -₹16,911 | -2% | 137.0% | Hyderabad, Telangana, India | |
| Gavya Software Services Private Limited | ₹8.25 Lakh (FY 2017) | Kolkata, West Bengal, India | ||||
| Kernsoftware Solutions India Private Limited | ₹8.25 Lakh (FY 2024) | 19.0% | Secunderabad, Telangana, India | |||
| Aravina Infomedia Private Limited | ₹8.25 Lakh (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Vernix Technologies Private Limited | ₹8.25 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| Rosera Technologies Private Limited | ₹8.25 Lakh (FY 2024) | 22.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Vagdevi IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vagdevi IT 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 Vagdevi IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vagdevi IT Solutions Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
No GST registration is on our record for Vagdevi IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vagdevi IT Solutions Private Limited has 8 board changes on record since 2021: 2 appointments and 6 cessations. The latest: Dasu Kusuma was appointed as Director on 25 Oct 2022.
Frequently asked questions
Vagdevi IT Solutions is an active 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 11 December 2015 (11+ years old) and is registered under CIN U72200TG2015PTC102219.
Vagdevi IT Solutions has 2 current directors:
- Dasu Kusuma - Director
- Ramesh Anarajula - Director
The latest financial statements of Vagdevi IT Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 August 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Vagdevi IT Solutions is U72200TG2015PTC102219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vagdevi IT Solutions was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vagdevi IT Solutions by revenue are Blitco IT Solutions Private Limited, Baak Technology Private Limited, Fleetparcel Logistics Private Limited, Uhm Infotech Private Limited, Sunglowsys Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Dasu Kusuma was appointed as Director on 25 Oct 2022. Nagaraju Kothapalli ceased to be Director on 21 Oct 2022. Afroj Syed ceased to be Director on 02 Sep 2022. Vagdevi IT Solutions has 8 board changes on record in total.
Vagdevi IT Solutions can be reached through the website vagdeviitsolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Vagdevi IT Solutions is at Office: 221 Divine Hive Space Beside Jyothi Meadows Whitefields Hi, Tech City, Hyderabad, Telangana, India – 500081.
Vagdevi IT Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Vagdevi IT Solutions is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.