About Adj Utility Apps Private Limited
Data last updated:
Adj Utility Apps Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Kyte Technologies,Inc and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66220TN2017PTC184864. Its GSTIN is 27AAPCA8770K1ZX (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.84 Cr. It is led by directors Jayanth Harindranath Sugavasi and Ravish Naresh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.97 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹125.39 Cr (net margin -128%) and EBITDA of -₹130.83 Cr (EBITDA margin -133.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company is associated with 2 brands: Kyte and Khatabook. As per MCA filings, the company has open charges of ₹3.99 Cr on record. Court records list 3,337 cases involving the company, including 3,333 filed by the company and 4 filed against it; 1,639 cases are pending. The company has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Ignitium Services Private Limited. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 79 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khatabook.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Apps
- Registered AddressSuite 509 5th Floor The Executive Zone Private Limited, Shakti Tower 1/766 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Adj Utility Apps Private Limited
The main business activity of Adj Utility Apps is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adj Utility Apps Private Limited FY 2024 filings available
Adj Utility Apps Private Limited reported revenue of ₹97.97 Cr (up 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Adj Utility Apps Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 25% growth 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 of Adj Utility Apps Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹97.97 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹130.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹125.39 Cr | •••• | •••• | •••• | •••• |
| 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 of Adj Utility Apps Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -133.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -128% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adj Utility Apps are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Adj Utility Apps Private Limited
Adj Utility Apps Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adj Utility Apps Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ignitium Services Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Nasadiya Technologies Private Limited | •••• | •••• | •••• | •••• | 201 | Bangalore, Karnataka, India |
| Eatgood Technologies Private Limited | •••• | •••• | •••• | •••• | 541 | Bengaluru, Karnataka, India |
| Prepay Network Private Limited | •••• | •••• | •••• | •••• | - | Siliguri, West Bengal, India |
| Payinc Private Limited | •••• | •••• | •••• | •••• | - | Baragarh, Orissa, India |
| Desk Nine Private Limited | •••• | •••• | •••• | •••• | 372 | Bangalore North, Karnataka, India |
| Pickrr Technologies Private Limited | •••• | •••• | •••• | •••• | 181 | New Delhi, Delhi, India |
| Prayosha Food Services Private Limited | •••• | •••• | •••• | •••• | 1,784 | Ahmadabad City, Gujarat, India |
| Simply Vyapar Apps Private Limited | •••• | •••• | •••• | •••• | 1,382 | Banglore, Karnataka, India |
| Unbxd Software Private Limited | •••• | •••• | •••• | •••• | 126 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Adj Utility Apps by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Adj Utility Apps Private Limited
Adj Utility Apps has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanth Harindranath Sugavasi Also directs: KBFP Private Limited, Kbus Private Limited, Khatabook Finance Private Limited and 2 more | Director | 27 Mar 2025 | 1 Years 6 Months | Current |
| Ravish Naresh Also directs: KBFP Private Limited, Kbus Private Limited, Khatabook Finance Private Limited and 3 more | Director | 10 Apr 2018 | 8 Years 5 Months | Current |
Charges & Borrowings of Adj Utility Apps Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2022 | Tata Capital Financial Services Limited | ₹3.99 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Adj Utility Apps Private Limited
Adj Utility Apps Private Limited has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹350.62 Cr | Investors: Kyte Technologies Inc |
| Mar 2020 | Rights issue | ₹151.92 Cr | Investors: Kyte Technologies Inc |
| Nov 2019 | Rights issue | ₹76.38 Cr | Investors: Kyte Technologies Inc |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Kyte Technologies Inc Seller: 4 individuals |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Adj Utility Apps Private Limited
Adj Utility Apps Private Limited has 3,337 court cases on record: 3,333 filed by Adj Utility Apps, 4 filed against it. 1,639 cases are pending and 1,698 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3,330 | 2 | 1,635 |
| High courts | 7 | 2 | 4 |
Cases on record (5 of 3,337)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Cashfree Payments India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Rahsou Simple Viral Games Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Simply Vyapar Apps Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Daulat Ram Engineering Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Madanlal Ltd | Pending |
Full case history
All 3,337 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Adj Utility Apps Private Limited
Adj Utility Apps Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 79 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hyperverge Technologies Private Limited | •••• | •••• | •••• |
| Fcoos Technologies Private Limited | •••• | •••• | •••• |
| Printo Document Services Private Limited | •••• | •••• | •••• |
| Exotel Techcom Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Adj Utility Apps Private Limited
Adj Utility Apps operates two associated brands: Kyte and Khatabook. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an AI-based SMS management app | kyte.ai | |
| App-based bookkeeping solutions are offered for small business management. | khatabook.com |
Employees and EPFO Compliance at Adj Utility Apps Private Limited
Employment history and EPFO contributions of people linked to Adj Utility Apps.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Adj Utility Apps Private Limited
Adj Utility Apps has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66220TN2017PTC184864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66220TN2017PTC184864 | Current |
| U74999KA2017PTC138565 | Previous |
| U74999HR2017PTC070160 | Previous |
| U66220KA2017PTC138565 | Previous |
News related to Adj Utility Apps Private Limited
Recent Activity on Adj Utility Apps Private Limited
Adj Utility Apps Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Jayanth Harindranath Sugavasi ceased to be Additional Director on 14 Jul 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adj Utility Apps Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adj Utility Apps Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adj Utility Apps Private Limited
Adj Utility Apps has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA8770K1ZX | Maharashtra | Active | 28 Feb 2019 |
| 29AAPCA8770K1ZT | Karnataka | Active | 10 Jul 2019 |
| 29AAPCA8770K1C4 | Karnataka | Active | 16 Jul 2021 |
| 27AAPCA8770K1C8 | Maharashtra | Active | 05 Oct 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adj Utility Apps Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adj Utility Apps Private Limited
Adj Utility Apps is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 August 2017 (9+ years old) and is registered under CIN U66220TN2017PTC184864.
Adj Utility Apps reported revenue of ₹97.97 Cr for FY 2023 (up 25% YoY).
Adj Utility Apps has 2 current directors:
- Jayanth Harindranath Sugavasi - Director
- Ravish Naresh - Director
Adj Utility Apps reported a net loss of ₹125.39 Cr (net margin -128%) and EBITDA of -₹130.83 Cr (EBITDA margin -133.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adj Utility Apps is 56% over three years. In the latest year (FY 2023) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adj Utility Apps is 27AAPCA8770K1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAPCA8770K1ZT (Karnataka), 29AAPCA8770K1C4 (Karnataka), 27AAPCA8770K1C8 (Maharashtra).
The CIN (Corporate Identification Number) of Adj Utility Apps is U66220TN2017PTC184864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adj Utility Apps has 3,337 court cases on record: 3,333 filed by the company and 4 filed against it. 1,639 are pending. Most are in the district courts.
Adj Utility Apps was incorporated on 01 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Adj Utility Apps has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021.
The peers of Adj Utility Apps by revenue are Ignitium Services Private Limited, Nasadiya Technologies Private Limited, Eatgood Technologies Private Limited, Prepay Network Private Limited, Payinc Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Jayanth Harindranath Sugavasi ceased to be Additional Director on 14 Jul 2025. Jayanth Harindranath Sugavasi was appointed as Director on 27 Mar 2025. Ved Prakash Yadav ceased to be Director on 20 Jun 2023. Adj Utility Apps has 9 board changes on record in total.