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Appsian Tech Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.43 Cr
▲ 38% YoY
Net profit · FY 2024
₹79.28 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.63 Cr
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
164
Provident fund records
Directors on board
2
As per MCA filings
About Appsian Tech Private Limited
Data last updated:
Appsian Tech Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Greyheller Llc and recognised as a startup by DPIIT. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 03 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC114476. Its GSTIN is 29AARCA0874C1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Piyush Pandey and Tushar Arun Chury.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # L 372 5th Main Road Sector 6 Hsr Layout Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.43 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹79.28 Lakh (net margin 1.8%) and EBITDA of ₹1.63 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 74% over five years.
The company has about 164 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Appsian.
For more details, the company can be reached via its website appsiansecurity.com.
Company details
CIN U72900KA2018PTC114476
Registration Number 114476
Incorporation Date 03 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Greyheller Llc
DPIIT Recognition Recognised Startup
Key People
Piyush Pandey Director Tushar Arun Chury Director Recognitions & Rankings of Appsian Tech
Contact details
Appsian Tech Private Limited's registered office is in Bangalore, Karnataka. Its website is appsiansecurity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# L 372 5th Main Road Sector 6 Hsr Layout Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Appsian Tech Private Limited, buy the company report.
Comprehensive company report
Appsian Tech Private 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
Appsian Tech operates one associated brand: Appsian. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of ERP data security and compliance solutions | appsiansecurity.com |
Business activity
The main business activity of Appsian Tech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Appsian Tech Private Limited, buy the company report.
Financials of Appsian Tech Private Limited
FY 2024 filings availableAppsian Tech Private Limited reported revenue of ₹44.43 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹44.43 Cr ▲ 38%
Net profit · FY 2024
₹79.28 Lakh margin 1.8%
EBITDA · FY 2024
₹1.63 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 44%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 8%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 38% growth in the latest year. EBITDA fell 66% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.28 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Appsian Tech Private Limited, buy the company report.
Board of directors of Appsian Tech Private Limited
Appsian Tech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Pandey Also directs: Security Weaver Software Private Limited | Director | 16 Aug 2019 | 7 Years 2 Months | Current |
| Tushar Arun Chury Also directs: Security Weaver Software Private Limited | Director | 03 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Appsian Tech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veritasource Private Limited | ₹44.81 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Billennium India Private Limited | ₹44.76 Cr (FY 2024) | -12.0% | Pune, Maharashtra, India | |||
| Kwalee India Private Limited | ₹44.58 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Infosols Econsultants India Private Limited | ₹44.54 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Valuefy Technologies Private Limited | ₹44.44 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Appsian Tech Private Limitedthis company | ₹44.43 Cr (FY 2024) | ₹79.28 Lakh | 1.8% | 38.0% | 164 | Bangalore, Karnataka, India |
| Secpod Technologies Private Limited | ₹44.35 Cr (FY 2025) | 40.0% | Bengaluru, Karnataka, India | |||
| Eko Bharat Ventures Private Limited | ₹44.32 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Advergame Technologies Private Limited | ₹44.24 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Paper Boat Apps Private Limited | ₹44.18 Cr (FY 2025) | -80.0% | Mumbai, Maharashtra, India | |||
| Ids-Argus Healthcare Services Private Limited | ₹44.02 Cr (FY 2025) | 13.0% | Chandigarh, India |
To see the full peer comparison of Appsian Tech Private Limited, buy the company report.
Auditor
Appsian Tech Private Limited is audited by Manish Dalmia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish Dalmia & Associates | FY 2023 | 016670S |
Shareholding
The shareholding of Appsian Tech Private 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 Appsian Tech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Appsian Tech 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 Appsian Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Appsian Tech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Xpandion India Private Limited | U72900MH2020PTC338645 |
To see the full group structure of Appsian Tech Private Limited, buy the company report.
Employees & EPFO
Appsian Tech Private Limited has a workforce of 164 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
164
Active EPFO establishments
1
Employee growth
31.2%
GST
Appsian Tech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA0874C1ZJ | Karnataka | Active | 24 Aug 2018 |
| 27AARCA0874C1ZN | Maharashtra | Active | 08 May 2022 |
To see the full GST registrations and return filing status of Appsian Tech Private Limited, buy the company report.
Recent activity
Appsian Tech Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Piyush Pandey ceased to be Additional Director on 21 Oct 2019.
AGM
Appsian Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Appsian Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Piyush Pandey ceased to be Additional Director.
Ceased
Arunkumar Venugopal Menon ceased to be Director.
Appointed
Piyush Pandey was appointed as Director.
Appointed
Tushar Arun Chury was appointed as Director.
Incorporation
03 Jul 2018
Appsian Tech Private Limited was registered on 03 Jul 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
News
Frequently asked questions
Appsian Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 03 July 2018 (8+ years old) and is registered under CIN U72900KA2018PTC114476.
Appsian Tech has 2 current directors:
- Piyush Pandey - Director
- Tushar Arun Chury - Director
The latest financial statements of Appsian Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Appsian Tech is 29AARCA0874C1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AARCA0874C1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Appsian Tech is U72900KA2018PTC114476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appsian Tech was incorporated on 03 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Appsian Tech by revenue are Veritasource Private Limited, Billennium India Private Limited, Kwalee India Private Limited, Infosols Econsultants India Private Limited, Valuefy Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Piyush Pandey ceased to be Additional Director on 21 Oct 2019. Arunkumar Venugopal Menon ceased to be Director on 26 Aug 2019. Piyush Pandey was appointed as Director on 16 Aug 2019. Appsian Tech has 4 board changes on record in total.
Yes, Appsian Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Appsian Tech can be reached through the website appsiansecurity.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Appsian Tech is at # L 372 5th Main Road Sector 6 Hsr Layout Bangalore, Karnataka, India – 560102.
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