About Atyeti IT Services Private Limited
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Atyeti IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Atyeti.Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2008PTC058800. Its GSTIN is 36AAHCA0385N1ZD (Telangana). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹18.81 Lakh. It is led by directors including Prashanth Myadam and Madhuri Myadam.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.8 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹6.32 Cr (net margin 7.5%) and EBITDA of ₹12.2 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 43% over five years.
The company has about 240 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Atyeti. As per MCA filings, the company has open charges of ₹19.05 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atyeti.com.
Company details
CIN history
Atyeti IT Services has one previous CIN (Corporate Identification Number): U72300AP2008PTC058800. The current CIN is U72300TG2008PTC058800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2008PTC058800 | Current |
| U72300AP2008PTC058800 | Previous |
Contact details
Atyeti IT Services Private Limited's registered office is in Hyderabad, Telangana. Its website is atyeti.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address06B101 6th Floor We Work Krishe Emerald, Kondapur Main Road Laxmi Cyber City Whitefields, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Atyeti IT Services 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
Atyeti IT Services operates one associated brand: Atyeti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cloud solutions, application modernization, and data science for enterprises. | atyeti.com |
Business activity
The main business activity of Atyeti IT Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Atyeti IT Services Private Limited, buy the company report.
Financials of Atyeti IT Services Private Limited
FY 2024 filings availableAtyeti IT Services Private Limited reported revenue of ₹83.8 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 45% growth in the latest year. EBITDA rose 77% 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 | ₹12.2 Cr | ||||
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| Net Profit (PAT) | ₹6.32 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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| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Atyeti IT Services Private Limited, buy the company report.
Board of directors of Atyeti IT Services Private Limited
Atyeti IT Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Myadam | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Madhuri Myadam | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Myadam Kumar Pavan Also directs: Avasi Hotels LLP, Atyeti Hotels Private Limited | Director | 24 Apr 2008 | 18 Years 6 Months | Current |
| Myadam Navitha Also directs: Avasi Hotels LLP, Atyeti Hotels Private Limited | Director | 18 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Atyeti IT Services Private Limited is audited by VENUGOPAL&CHENOY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENUGOPAL&CHENOY | FY 2023 | 004671S |
Shareholding
The shareholding of Atyeti IT Services 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atyeti IT Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101032366 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 01 Oct 2019 | 100294883 | Others | ₹9.05 Cr | Open |
To see the full charge records of Atyeti IT Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Atyeti IT Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Arbitration matter | Filed against the company by Vatika Hotels Private Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Atyeti IT Services 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 Atyeti IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atyeti IT Services Private Limited has a workforce of 240 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Atyeti IT Services has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCA0385N1ZD | Telangana | Active | 01 Jul 2017 |
| 27AAHCA0385N1ZC | Maharashtra | Active | 01 Jul 2017 |
| 32AAHCA0385N1ZL | Kerala | Active | 13 Sep 2022 |
| 33AAHCA0385N1ZJ | Tamil Nadu | Active | 05 Jun 2024 |
To see the full GST registrations and return filing status of Atyeti IT Services Private Limited, buy the company report.
Recent activity
Atyeti IT Services Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Madhuri Myadam was appointed as Director on 01 Dec 2016.
Frequently asked questions
Atyeti IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U72300TG2008PTC058800.
Atyeti IT Services has 4 current directors:
- Prashanth Myadam - Director
- Madhuri Myadam - Director
- Myadam Kumar Pavan - Director
- Myadam Navitha - Director
The latest financial statements of Atyeti IT Services 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 2015 are in the company report.
The GSTIN of Atyeti IT Services is 36AAHCA0385N1ZD, registered in Telangana. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCA0385N1ZC (Maharashtra), 32AAHCA0385N1ZL (Kerala), 33AAHCA0385N1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of Atyeti IT Services is U72300TG2008PTC058800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atyeti IT Services has 2 court cases on record: 2 filed against it. Most are in the district courts.
Atyeti IT Services was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Madhuri Myadam was appointed as Director on 01 Dec 2016. Prashanth Myadam was appointed as Director on 01 Dec 2016. Nagarjun Valluripalli ceased to be Director on 19 Sep 2014. Atyeti IT Services has 5 board changes on record in total.
Atyeti IT Services can be reached through the website atyeti.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Atyeti IT Services is at 06B101 6th Floor We Work Krishe Emerald, Kondapur Main Road Laxmi Cyber City Whitefields, Hyderabad, Telangana, India – 500081.
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