About Best Choice IT Services Private Limited
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Best Choice IT Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC130924. Its GSTIN is 29AAICB8191N1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Palguna Basavaraju and Uma Hegde.
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 No.74A 5th Corss Kaveri Nagar Laggere Peenya 3rd Phase Bangalore – 560058, Bengaluru, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.97 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹9,000 (net margin 1.5%) and EBITDA of ₹12,000 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
For more details, the company can be reached via its website bestchoiceits.com.
Company details
Contact details
Best Choice IT Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is bestchoiceits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.74A 5th Corss Kaveri Nagar Laggere Peenya 3rd Phase Bangalore – 560058, Bengaluru, Karnataka, India – 560058
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Best Choice 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
Business activity
The main business activity of Best Choice IT Services is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Best Choice IT Services Private Limited, buy the company report.
Financials of Best Choice IT Services Private Limited
FY 2025 filings availableBest Choice IT Services Private Limited reported revenue of ₹5.97 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 38% fall in the latest year. EBITDA fell 72% 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
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| EBITDA | ₹12,000 | ||||
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| Net Profit (PAT) | ₹9,000 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Best Choice IT Services Private Limited, buy the company report.
Board of directors of Best Choice IT Services Private Limited
Best Choice IT 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 |
|---|---|---|---|---|
| Palguna Basavaraju | Director | 02 Sep 2025 | 1 Years 1 Months | Current |
| Uma Hegde | Director | 02 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Best Choice IT Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unravel Technologies Private Limited | ₹6 Lakh (FY 2024) | Bhayandar, Maharashtra, India | ||||
| Tambi Consultancy Services Private Limited | ₹6 Lakh (FY 2025) | Jaipur, Rajasthan, India | ||||
| Roy Animations Private Limited | ₹6 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Ativa Biz Solutions Private Limited | ₹5.98 Lakh (FY 2024) | 63.0% | Thane, Maharashtra, India | |||
| Colabnow IT Solutions Private Limited | ₹5.98 Lakh (FY 2024) | Visakhapatnam, Andhra Pradesh, India | ||||
| Best Choice IT Services Private Limitedthis company | ₹5.97 Lakh (FY 2024) | ₹9,000 | 1.5% | -38.0% | Bengaluru, Karnataka, India | |
| Code Gracias Private Limited | ₹5.94 Lakh (FY 2025) | -73.0% | Jalandhar, Punjab, India | |||
| A2z AI Consultancy (OPC) Private Limited | ₹5.94 Lakh (FY 2025) | 178.0% | Bangalore, Karnataka, India | |||
| Turnbull Advisory Services Private Limited | ₹5.94 Lakh (FY 2025) | -5.0% | Navi Mumbai, Maharashtra, India | |||
| Mikado Finvest Private Limited | ₹5.93 Lakh (FY 2025) | 224.0% | Mumbai, Maharashtra, India | |||
| Finquotient India Private Limited | ₹5.93 Lakh (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Best Choice IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Best Choice IT Services 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 Best Choice IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Best Choice IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB8191N1ZU | Karnataka | Active | 17 Jan 2020 |
To see the full GST registrations and return filing status of Best Choice IT Services Private Limited, buy the company report.
Recent activity
Best Choice IT Services Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Manjula Doddappaiah ceased to be Director on 17 Sep 2025.
Frequently asked questions
Best Choice IT Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC130924.
Best Choice IT Services has 2 current directors:
- Palguna Basavaraju - Director
- Uma Hegde - Director
The latest financial statements of Best Choice IT Services 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 2020 are in the company report.
The GSTIN of Best Choice IT Services is 29AAICB8191N1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Best Choice IT Services is U72900KA2019PTC130924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Choice IT Services was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Best Choice IT Services by revenue are Unravel Technologies Private Limited, Tambi Consultancy Services Private Limited, Roy Animations Private Limited, Ativa Biz Solutions Private Limited, Colabnow IT Solutions Private Limited and 5 more, all in the same principal business activity (information service activities).
Manjula Doddappaiah ceased to be Director on 17 Sep 2025. Srinivas Thejesh ceased to be Director on 17 Sep 2025. Palguna Basavaraju was appointed as Director on 02 Sep 2025. Best Choice IT Services has 6 board changes on record in total.
Best Choice IT Services can be reached through the website bestchoiceits.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Best Choice IT Services is at No.74A 5th Corss Kaveri Nagar Laggere Peenya 3rd Phase Bangalore – 560058, Bengaluru, Karnataka, India – 560058.
Best Choice IT Services operates in the information technology industry, in the IT consulting and support services segment.
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