Appgrid Tech Services Private Limited
About Appgrid Tech Services Private Limited
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Appgrid Tech Services Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 11 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC144092.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venu Gopal Naikoti and Mamillapalli Ravi Shankar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27 1st Cross Prathistana Enclave 2nd Main M.G Halli Kr Puram, Bengaluru, Karnataka, India – 560036.
As per the financials filed for FY 2024, the company reported a revenue of ₹11,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2,062 (net margin -18.7%) and EBITDA of -₹1,000 (EBITDA margin -9.1%).
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- Registered Address27 1st Cross Prathistana Enclave 2nd Main M.G Halli Kr Puram, Bengaluru, Karnataka, India – 560036
- IndustryInformation Technology, Other Computer Related Activities
- 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 Appgrid Tech Services Private Limited
The main business activity of Appgrid Tech Services 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 Appgrid Tech Services Private Limited FY 2025 filings available
Appgrid Tech Services Private Limited reported revenue of ₹11,000 (up 1000% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Appgrid Tech Services Private Limited
Revenue rose 1000% in the latest year. EBITDA rose 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Appgrid Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | -₹1,000 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,062 | •••• | •••• | •••• |
| 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 Appgrid Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.1% | •••• | •••• | •••• |
| Net Profit Margin | -18.7% | •••• | •••• | •••• |
| 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 Appgrid Tech Services are in the company report.
Financial statements from FY 2021
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 Appgrid Tech Services Private Limited
Appgrid Tech Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Falconai Private Limited | ₹11,034 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Sleek E-Services Private Limited | ₹11,022 (FY 2024) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Cherrype Private Limited | ₹11,001 (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Appgrid Tech Services Private Limited this company | ₹11,000 (FY 2024) | •••• | •••• | 1000.0% | •••• | Bengaluru, Karnataka, India |
| Slicelime Solutions Private Limited | ₹11,000 (FY 2020) | •••• | •••• | •••• | Chandigarh, India | |
| JMD Software Solutions Private Limited | ₹11,000 (FY 2018) | •••• | •••• | •••• | Delhi, India | |
| X-Ionic Tech Solutions Private Limited | ₹11,000 (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Trylika Technologies Private Limited | ₹11,000 (FY 2025) | •••• | •••• | 10.0% | •••• | Dhanbad, Jharkhand, India |
| Aristosinc (OPC) Private Limited | ₹10,946 (FY 2024) | •••• | •••• | 3465.0% | •••• | Hyderabad, Telangana, India |
| 4C-Learning Solutions Private Limited | ₹10,932 (FY 2019) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Algoants Technologies Private Limited | ₹10,914 (FY 2023) | •••• | •••• | -93.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Appgrid Tech Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Appgrid Tech Services Private Limited
Appgrid Tech Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venu Gopal Naikoti | Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Mamillapalli Ravi Shankar | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
Charges & Borrowings of Appgrid Tech Services Private Limited
Appgrid Tech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Appgrid Tech Services Private Limited
Employment history and EPFO contributions of people linked to Appgrid Tech Services.
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.
Recent Activity on Appgrid Tech Services Private Limited
Appgrid Tech Services Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Surya Narayana Rupenaguntla ceased to be Director on 29 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Appgrid Tech Services 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.
MSME Payment Delays by Appgrid Tech Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Appgrid Tech Services 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 Appgrid Tech Services Private Limited
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 Appgrid Tech Services 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 Appgrid Tech Services Private Limited
Appgrid Tech Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 11 February 2021 (5+ years old) and is registered under CIN U72900KA2021PTC144092.
Appgrid Tech Services reported revenue of ₹11,000 for FY 2024 (up 1000% YoY).
Appgrid Tech Services has 2 current directors:
- Venu Gopal Naikoti - Director
- Mamillapalli Ravi Shankar - Director
Appgrid Tech Services reported a net loss of ₹2,062 (net margin -18.7%) and EBITDA of -₹1,000 (EBITDA margin -9.1%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Appgrid Tech Services is U72900KA2021PTC144092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appgrid Tech Services was incorporated on 11 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Appgrid Tech Services by revenue are Falconai Private Limited, Sleek E-Services Private Limited, Cherrype Private Limited, Slicelime Solutions Private Limited, JMD Software Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Surya Narayana Rupenaguntla ceased to be Director on 29 Nov 2024. Venu Gopal Naikoti was appointed as Director on 29 Nov 2024. Narayana Ambukunja Sukumara ceased to be Director on 21 Oct 2022. Appgrid Tech Services has 4 board changes on record in total.
Yes, Appgrid Tech Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Appgrid Tech Services is at 27 1st Cross Prathistana Enclave 2nd Main M.G Halli Kr Puram, Bengaluru, Karnataka, India – 560036.
Appgrid Tech Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.