MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0020287
Applicate IT Solutions Private Limited - information technology in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.55 Cr
▲ 43% YoY
Net profit · FY 2025
₹2.5 Cr
Net margin 4.8%
EBITDA · FY 2025
₹4.54 Cr
EBITDA margin 8.6%
Authorised capital
₹1.07 Cr
Registered with MCA
Paid-up capital
₹77.28 Lakh
Issued & subscribed
Open charges
₹10.74 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
125
Provident fund records
About Applicate IT Solutions Private Limited
Data last updated:
Applicate IT Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2014PTC052602. Its GSTIN is 06AAMCA7112J1ZO (Haryana). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.07 Cr and a paid-up capital of ₹77.28 Lakh. It is led by directors Madhusudana and Ranjeet Kumar.
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 16th Floor M3M Urbana Business Park, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.55 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Cr (net margin 4.8%) and EBITDA of ₹4.54 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 56% over five years.
The company has about 125 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SalesCode.ai. As per MCA filings, the company has open charges of ₹10.74 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹13.44 Cr; the latest was in January 2022. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Renesas Design India Private Limited with revenue of ₹52.86 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 2 micro and small suppliers.
Applicate IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0020287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website applicate.in.
Company Details of Applicate IT Solutions Private Limited
CIN U72200HR2014PTC052602
Registration Number 052602
Incorporation Date 27 June 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0020287
Key People
Madhusudana Director Ranjeet Kumar Director Recognitions & Rankings of Applicate IT Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address16th Floor M3M Urbana Business Park, South Tower Sector – 67, Gurgaon, Haryana, India – 122102
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands with Applicate IT Solutions Private Limited
Applicate IT Solutions operates one associated brand: SalesCode.ai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered sales automation and eB2B solutions for CPG are provided. | salescode.ai |
Business Activity of Applicate IT Solutions Private Limited
The main business activity of Applicate IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Verified entity values are shown only after access is granted.
Financials of Applicate IT Solutions Private Limited FY 2025 filings available
Applicate IT Solutions Private Limited reported revenue of ₹52.55 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹52.55 Cr ▲ 43%
Net profit · FY 2025
₹2.5 Cr margin 4.8%
EBITDA · FY 2025
₹4.54 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR) of Applicate IT Solutions Private Limited
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 52%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 73%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 43% growth in the latest year. EBITDA rose 114% 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 Applicate IT Solutions Private Limited
| Metrics | FY 2024-25 | 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 | ₹4.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.5 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 Applicate IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| 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 Applicate IT Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Applicate IT Solutions Private Limited
Applicate IT Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhusudana | Director | 25 May 2020 | 6 Years 4 Months | Current |
| Ranjeet Kumar | Director | 27 Jun 2014 | 12 Years 3 Months | Current |
Peer Comparison of Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service 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 |
|---|---|---|---|---|---|---|
| Renesas Design India Private Limited | ₹52.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Zenon Analytics Private Limited | ₹52.79 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Noida, Uttar Pradesh, India |
| Divisions Research and Development India Private Limited | ₹52.72 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Calibrated Healthcare Systems India Private Limited | ₹52.59 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Egen Data Private Limited | ₹52.56 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Applicate IT Solutions Private Limited this company | ₹52.55 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Gurgaon, Haryana, India |
| Mediology Software Private Limited | ₹52.55 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Haryana, India |
| Pepper Content Global Private Limited | ₹52.39 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Tacterial Consulting Private Limited | ₹52.3 Cr (FY 2024) | •••• | •••• | 230.0% | •••• | Bangalore, Karnataka, India |
| Cloudbees India Technologies Private Limited | ₹52.27 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Chennai, Tamil Nadu, India |
| Doceree Media India Private Limited | ₹52.25 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Applicate IT Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited is audited by Goyal K & Co. (Chartered Accountant) for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Goyal K & Co. (Chartered Accountant) | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Applicate IT Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Applicate IT Solutions Private Limited
Open charges
₹10.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2025 | Others | ₹10 Cr | Open |
| 10 Apr 2024 | Others | ₹63 Lakh | Open |
| 02 Aug 2022 | Hdfc Bank Limited | ₹10.7 Lakh | Open |
Total charge records: 3 View all charges
Deals & Funding of Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹13.44 Cr; the latest was in January 2022.
Total deals
7
Secondary share transfers
3
Convertible or debt financings
2
Rights issue
1
Funding round
1
Disclosed funding
₹13.44 Cr
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Rights issue | ₹65.3 Lakh | Investors: 3 individuals |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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- 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 Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited has 1 court case on record: 1 filed by Applicate IT Solutions. All case is disposed. Status as checked on 28 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Kvqa Certification Services Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited has a workforce of 125 employees as of Apr 05, 2024.
Employee count
125
Active EPFO establishments
1
Employee growth
16.82%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Applicate IT Solutions Private Limited
Applicate IT Solutions Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Madhusudana ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with Others of Rs. 10.00 Cr registered on 23 Sep 2025 with Charge ID 101168358 was modified on 27 Oct 2025.
AGM
Applicate It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101168358 was registered on 23 Sep 2025.
Filing
Applicate It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 0.63 Cr with Charge ID 100946096 was registered on 10 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100627980 was registered on 02 Aug 2022.
Ceased
Madhusudana ceased to be Additional Director.
Appointed
Madhusudana was appointed as Director.
Ceased
Radhika Atmakuri ceased to be Additional Director.
Ceased
Deepak Narayan Rewadi ceased to be Director.
Appointed
Ranjeet Kumar was appointed as Director.
Incorporation
27 Jun 2014
Applicate It Solutions Private Limited was registered on 27 Jun 2014 with Roc Delhi & aged 12 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Applicate IT Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Applicate IT Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Applicate IT Solutions Private Limited
Applicate IT Solutions has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAMCA7112J1ZO | Haryana | Active | 01 Jul 2017 |
| 06AAMCA7112J1CZ | Haryana | Active | 01 Feb 2024 |
| 29AAMCA7112J1ZG | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Applicate IT Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Applicate IT Solutions Private Limited
Frequently Asked Questions about Applicate IT Solutions Private Limited
Applicate IT Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U72200HR2014PTC052602.
Applicate IT Solutions reported revenue of ₹52.55 Cr for FY 2025 (up 43% YoY).
Applicate IT Solutions has 2 current directors:
- Madhusudana - Director
- Ranjeet Kumar - Director
Applicate IT Solutions reported a net profit of ₹2.5 Cr (net margin 4.8%) and EBITDA of ₹4.54 Cr (EBITDA margin 8.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Applicate IT Solutions is 52% over three years and 56% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Applicate IT Solutions is 06AAMCA7112J1ZO, registered in Haryana. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAMCA7112J1CZ (Haryana), 29AAMCA7112J1ZG (Karnataka).
The CIN (Corporate Identification Number) of Applicate IT Solutions is U72200HR2014PTC052602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Applicate IT Solutions has 1 court case on record: 1 filed by the company.
Applicate IT Solutions was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Applicate IT Solutions has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹13.44 Cr; the latest was in January 2022.
The peers of Applicate IT Solutions by revenue are Renesas Design India Private Limited, Zenon Analytics Private Limited, Divisions Research and Development India Private Limited, Calibrated Healthcare Systems India Private Limited, Egen Data Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Madhusudana ceased to be Additional Director on 31 Dec 2020. Madhusudana was appointed as Director on 25 May 2020. Radhika Atmakuri ceased to be Additional Director on 25 May 2020. Applicate IT Solutions has 5 board changes on record in total.