MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0109850
Apitco Limited - business outsourcing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.71 Cr
▲ 66% YoY
Net loss · FY 2023
₹1.57 Cr
Net margin -92.2%
EBITDA · FY 2023
-₹5.74 Cr
EBITDA margin -336.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹17.94 Lakh
Secured borrowings
Company age
50 yrs
Est. 1976
Directors on board
7
As per MCA filings
About Apitco Limited
Data last updated:
Apitco Limited is a public limited state government company based in Hyderabad, Telangana, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 August 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1976SGC002067. Its GSTIN is 24AABCA7348D1Z0 (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors including Rajeevkumar Vedprakash Mehra (Managing Director) and Nitinbhai Chunibhai Gajera.
Its last annual general meeting (AGM) was held on 28 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Parish Rama Bhawan 5 – 9 – 58/B 8th Floor Basheerbagh, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.71 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr (net margin -92.2%) and EBITDA of -₹5.74 Cr (EBITDA margin -336.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 17% over five years.
The company is associated with 1 brand: Apitco. As per MCA filings, the company has open charges of ₹17.94 Lakh on record. Court records list 36 cases involving the company, including 7 filed by the company and 29 filed against it; 14 cases are pending.
Apitco Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0109850). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apitco.org.
Company details
CIN U72200TG1976SGC002067
Registration Number 002067
Incorporation Date 27 August 1976
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 March 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0109850
CIN history
Apitco has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG1976SGC002067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1976SGC002067 | Current |
| U72200AP1976PLC002067 | Previous |
| U72200AP1976SGC002067 | Previous |
Key People
Rajeevkumar Vedprakash Mehra Managing Director Nitinbhai Chunibhai Gajera Director Venkata Rao Yadagani Nominee Director Recognitions & Rankings of Apitco
Contact details
Apitco Limited's registered office is in Hyderabad, Telangana. Its website is apitco.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Floor Parish Rama Bhawan 5 – 9 – 58/B 8th Floor Basheerbagh, Hyderabad, Telangana, India – 500004
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Apitco Limited, buy the company report.
Comprehensive company report
Apitco 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
Apitco operates one associated brand: APITCO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers technical consultancy for skill development, project management, and economic growth. | apitco.org |
Business activity
The main business activity of Apitco is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Apitco Limited, buy the company report.
Financials of Apitco Limited
FY 2024 filings availableApitco Limited reported revenue of ₹1.71 Cr (up 66% YoY) for FY 2023.
Revenue · FY 2023
₹1.71 Cr ▲ 66%
Net loss · FY 2023
₹1.57 Cr margin -92.2%
EBITDA · FY 2023
-₹5.74 Cr margin -336.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▼ 37%
5 years · compounded
▼ 17%
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.57 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -336.6% | ||||
| Net Profit Margin | -92.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Apitco Limited, buy the company report.
Board of directors of Apitco Limited
Apitco has 7 current directors and 66 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitinbhai Chunibhai Gajera | Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Venkata Rao Yadagani | Nominee Director | 18 Jan 2021 | 5 Years 9 Months | Current |
| Rajeevkumar Vedprakash Mehra Also directs: Bharti Builtwell Private Limited, Tusti Couriers Private Limited, Nem Investments and Finance Private Limited and 5 more | Managing Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Charanjitsingh Avtarsingh Taak | Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Nalapagari Rojendra Reddy | Nominee Director | 10 Dec 2023 | 2 Years 10 Months | Current |
| Gangaram Aloria Also directs: Raminfo Limited, Deolax Cables Private Limited, Novimax E-Services Private Limited and 1 more | Director | 26 Jun 2023 | 3 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Apitco Limited is audited by NN RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NN RAO & CO | FY 2023 | 08283S |
Shareholding
The shareholding of Apitco 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apitco Limited, buy the company report.
Charges & borrowings
Open charges
₹17.94 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101167212 | Hdfc Bank Limited | ₹7.94 Lakh | Open | |
| 15 Mar 1996 | 90139014 | Industrial Development Bank of India | ₹8 Lakh | Open | |
| 16 Mar 1990 | 90137236 | Industrial Development Bank of India | ₹2 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Apitco Limited has 36 court cases on record: 7 filed by Apitco, 29 filed against it. 14 cases are pending and 22 are disposed.
Total cases
36
Filed by the company
7
Filed against the company
29
Pending
14
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 23 | 12 |
| District courts | 5 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Branch Manager,Idbi Bank Ltd, and 3 others | Disposed |
| High Court of Himachal Pradesh | Writ petition | Filed against the company | Pending |
| District court, Shimla, Himachal Pradesh | Court case (Cr. M. A.) | Filed by the company against State of HP | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by individuals | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Apitco 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
Apitco Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Valioso Advisory Services Private Limited |
To see the full MSME payment records of Apitco Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Apitco has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA7348D1Z0 | Gujarat | Active | 20 Jun 2023 |
To see the full GST registrations and return filing status of Apitco Limited, buy the company report.
Recent activity
Apitco Limited has 72 board changes on record since 2007: 7 appointments and 65 cessations. The latest: Ganesh Vara Prasad Vakkalagadda ceased to be Nominee Director on 10 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101167212 was registered on 26 Sep 2025.
AGM
Apitco Limited last Annual general meeting of members was held on 28 Mar 2025 as per latest MCA records.
Filing
Apitco Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Ganesh Vara Prasad Vakkalagadda ceased to be Nominee Director.
Appointed
Nalapagari Rojendra Reddy was appointed as Nominee Director.
Ceased
Gangaram Aloria ceased to be Additional Director.
Appointed
Gangaram Aloria was appointed as Director.
Ceased
Akhilesh Kumar Choudhary ceased to be Additional Director.
Ceased
Jhon Paul ceased to be Additional Director.
Ceased
Seshagiri Rao Puvvada ceased to be Company Secretary.
Appointed
Akhilesh Kumar Choudhary was appointed as Director.
Ceased
Haranadh Patnaik Kuppili ceased to be Nominee Director.
66 earlier events are in the company report.
Frequently asked questions
Apitco is an active public limited state government company based in Hyderabad, Telangana, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 August 1976 (50+ years old) and is registered under CIN U72200TG1976SGC002067.
Apitco has 7 current directors:
- Rajeevkumar Vedprakash Mehra - Managing Director
- Nitinbhai Chunibhai Gajera - Director
- Venkata Rao Yadagani - Nominee Director
- Charanjitsingh Avtarsingh Taak - Director
- Nalapagari Rojendra Reddy - Nominee Director
- Gangaram Aloria - Director
- Akhilesh Kumar Choudhary - Director
The latest financial statements of Apitco on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Apitco is 24AABCA7348D1Z0, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Apitco is U72200TG1976SGC002067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apitco has 36 court cases on record: 7 filed by the company and 29 filed against it. 14 are pending. Most are in the high courts.
Apitco was incorporated on 27 August 1976, making it 50+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ganesh Vara Prasad Vakkalagadda ceased to be Nominee Director on 10 Dec 2023. Nalapagari Rojendra Reddy was appointed as Nominee Director on 10 Dec 2023. Gangaram Aloria ceased to be Additional Director on 29 Sep 2023. Apitco has 72 board changes on record in total.
Yes, Apitco is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0109850).
Apitco has 2 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2021.
Apitco can be reached through the website apitco.org. Its registered office is in Hyderabad, Telangana, India.