About Appstars Applications Private Limited
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Appstars Applications Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC139713. Its GSTIN is 33AAUCA4304Q1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.99 Lakh. It is led by directors Ramkumar Subramaniam and Kameshwaran.
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 3rd Floor Prestige Palladium Bayan No 129 – 140, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.02 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹4.07 Cr (net margin -18.5%) and EBITDA of -₹1.13 Cr (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 80 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 3 brands: Blockchain App Factory, Guardian Link and Appstar Applications. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹89.99 Cr; the latest was in November 2021. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Mobile2win India Private Limited with revenue of ₹22.07 Cr.
For more details, the company can be reached via its website appstarsapplications.com.
Company details
Contact details
Appstars Applications Private Limited's registered office is in Chennai, Tamil Nadu. Its website is appstarsapplications.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Prestige Palladium Bayan No 129 – 140, Chennai, Tamil Nadu, India – 600006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Appstars Applications Private Limited, buy the company report.
- 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
Brands
Appstars Applications operates multiple associated brands including Blockchain App Factory, Guardian Link, and Appstar Applications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers blockchain development, AI solutions, and Web3 services to enterprises. | blockchainappfactory.com | |
| Decentralized protocol enabling NFT trading across blockchains. | guardianlink.io | |
| Mobile app development services are provided to various clients. | appstarsapplications.com |
Business activity
The main business activity of Appstars Applications is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Appstars Applications Private Limited, buy the company report.
Financials of Appstars Applications Private Limited
FY 2025 filings availableAppstars Applications Private Limited reported revenue of ₹22.02 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 36% fall in the latest year. EBITDA rose 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.13 Cr | ||||
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| Net Profit (PAT) | -₹4.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of Appstars Applications Private Limited, buy the company report.
Board of directors of Appstars Applications Private Limited
Appstars Applications has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramkumar Subramaniam | Director | 26 Nov 2020 | 5 Years 11 Months | Current |
| Kameshwaran | Director | 26 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Appstars Applications Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobile2win India Private Limited | ₹22.07 Cr (FY 2025) | -54.0% | Mumbai, Maharashtra, India | |||
| Cavalier Wireless Private Limited | ₹22.04 Cr (FY 2024) | 171.0% | Kochi, Kerala, India | |||
| Baxter Planning Systems India Private Limited | ₹22.03 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Zanmai Labs Private Limited | ₹22.03 Cr (FY 2025) | -56.0% | Mumbai, Maharashtra, India | |||
| Appstars Applications Private Limitedthis company | ₹22.02 Cr (FY 2025) | -₹4.07 Cr | -18.5% | -36.0% | 80 | Chennai, Tamil Nadu, India |
| Costrategix Technologies Private Limited | ₹22.02 Cr (FY 2025) | -7.0% | Bangalore, Karnataka, India | |||
| Bluent E Solutions Private Limited | ₹22 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Infoaxon Technologies (India) Private Limited | ₹21.98 Cr (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| LCGM Technologies Private Limited | ₹21.96 Cr (FY 2025) | 54.0% | New Delhi, Delhi, India |
To see the full peer comparison of Appstars Applications Private Limited, buy the company report.
Auditor
Appstars Applications Private Limited is audited by HSA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HSA & ASSOCIATES | FY 2023 | 013695S |
Shareholding
The shareholding of Appstars Applications Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Appstars Applications Private Limited, buy the company report.
Deals & funding
Appstars Applications Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹89.99 Cr; the latest was in November 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round · Series A | ₹89.99 Cr | Investors: Kalaari Capital, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Appstars Applications Private Limited has 8 court cases on record: 5 filed by Appstars Applications, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against Smartsworks Coworking Space Pvt Ltd | Disposed |
| Madras High Court | Appeal | Filed by the company against Smartworks Coworking Space Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S.Smartworks Co Working Spaces Pvt. Ltd. | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Smartworks Co Working Spaces Pvt. Ltd. | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Appstars Applications Private 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
No delayed payments to MSME suppliers are on our record for Appstars Applications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Appstars Applications has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Qnode Technologies Private Limited | U72900TN2021PTC144106 |
To see the full group structure of Appstars Applications Private Limited, buy the company report.
Employees & EPFO
Appstars Applications Private Limited has a workforce of 80 employees on its EPFO records as of Jan 13, 2025, across 1 active EPFO establishment.
GST
Appstars Applications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAUCA4304Q1Z9 | Tamil Nadu | Active | 15 Nov 2021 |
To see the full GST registrations and return filing status of Appstars Applications Private Limited, buy the company report.
Recent activity
Appstars Applications Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Vani Kola ceased to be Nominee Director on 29 Apr 2024.
News
Frequently asked questions
Appstars Applications 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 26 November 2020 (6+ years old) and is registered under CIN U72900TN2020PTC139713.
Appstars Applications has 2 current directors:
- Ramkumar Subramaniam - Director
- Kameshwaran - Director
The latest financial statements of Appstars Applications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Appstars Applications is 33AAUCA4304Q1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Appstars Applications is U72900TN2020PTC139713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appstars Applications has 8 court cases on record: 5 filed by the company and 3 filed against it.
Appstars Applications was incorporated on 26 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Appstars Applications has 1 deal on record (1 funding round), with disclosed funding of ₹89.99 Cr; the latest was in November 2021.
The peers of Appstars Applications by revenue are Mobile2win India Private Limited, Cavalier Wireless Private Limited, Baxter Planning Systems India Private Limited, Zanmai Labs Private Limited, Costrategix Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Vani Kola ceased to be Nominee Director on 29 Apr 2024. Arjun ceased to be Additional Director on 24 Dec 2021. Keyur Ajay Patel ceased to be Additional Director on 24 Dec 2021. Appstars Applications has 5 board changes on record in total.
Appstars Applications can be reached through the website appstarsapplications.com. Its registered office is in Chennai, Tamil Nadu, India.
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