Clasp Business Solutions Private Limited
About Clasp Business Solutions Private Limited
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Clasp Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 24 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099390. Its GSTIN is 29AAGCC8388J1ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹42 Lakh and a paid-up capital of ₹42 Lakh. It is led by directors including Lokeshkumar Nallagonda and Sudarsana Reddy Lomada.
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.33 4th Main B.Channasandra Kasturi Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.82 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹10.17 Lakh (net margin 13.8%) and EBITDA of ₹28.92 Lakh (EBITDA margin 39.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Clasp Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.33 4th Main B.Channasandra Kasturi Nagar, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Clasp Business Solutions 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 Clasp Business Solutions is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Clasp Business Solutions Private Limited, buy the company report.
Financials of Clasp Business Solutions Private Limited
FY 2025 filings availableClasp Business Solutions Private Limited reported revenue of ₹73.82 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 52% fall in the latest year. EBITDA rose 48% 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 | ₹28.92 Lakh | ||||
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| Net Profit (PAT) | ₹10.17 Lakh | ||||
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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 | 39.2% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Clasp Business Solutions Private Limited, buy the company report.
Board of directors of Clasp Business Solutions Private Limited
Clasp Business Solutions has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokeshkumar Nallagonda Also directs: Clasp Warehousing Blue LLP, Orchids Warehousing LLP | Director | 02 Mar 2018 | 8 Years 7 Months | Current |
| Sudarsana Reddy Lomada | Director | 02 Mar 2018 | 8 Years 7 Months | Current |
| Duggireddygari Veerasrinivasa Reddy | Director | 02 Mar 2018 | 8 Years 7 Months | Current |
| Prasanth Katam Reddy Also directs: Yashika Business Solutions Private Limited | Director | 02 Mar 2018 | 8 Years 7 Months | Current |
| Chandrahasa Reddy Alladu | Director | 24 Jan 2017 | 9 Years 9 Months | Current |
| Prashant Kumar Reddy Dhanireddy Also directs: Rise Food Ventures LLP | Director | 24 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Clasp Business Solutions Private Limited is audited by R S B & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S B & ASSOCIATES | FY 2022 | 010668S |
Shareholding
The shareholding of Clasp Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clasp Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Clasp Business Solutions 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 Clasp Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clasp Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC8388J1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clasp Business Solutions Private Limited, buy the company report.
Recent activity
Clasp Business Solutions Private Limited has 7 board changes on record since 2017: 7 appointments. The latest: Duggireddygari Veerasrinivasa Reddy was appointed as Director on 02 Mar 2018.
Frequently asked questions
Clasp Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 24 January 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099390.
Clasp Business Solutions has 6 current directors:
- Lokeshkumar Nallagonda - Director
- Sudarsana Reddy Lomada - Director
- Duggireddygari Veerasrinivasa Reddy - Director
- Prasanth Katam Reddy - Director
- Chandrahasa Reddy Alladu - Director
- Prashant Kumar Reddy Dhanireddy - Director
The latest financial statements of Clasp Business Solutions 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 2017 are in the company report.
The GSTIN of Clasp Business Solutions is 29AAGCC8388J1ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Clasp Business Solutions is U74999KA2017PTC099390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clasp Business Solutions was incorporated on 24 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Duggireddygari Veerasrinivasa Reddy was appointed as Director on 02 Mar 2018. Lokeshkumar Nallagonda was appointed as Director on 02 Mar 2018. Nagabhushanam Alla was appointed as Director on 02 Mar 2018. Clasp Business Solutions has 7 board changes on record in total.
The registered office of Clasp Business Solutions is at No.33 4th Main B.Channasandra Kasturi Nagar, Bangalore, Karnataka, India – 560043.
Clasp Business Solutions operates in the transport and logistics industry, in the cold storage and warehousing services segment.
The compliance status of Clasp Business Solutions is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
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