About Codexive IT and Business Solutions Private Limited
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Codexive IT and Business Solutions Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC114088. Its GSTIN is 36AAGCC7841J1ZD (Telangana).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.32 Cr. It is led by directors including Sriranga Rao Thakallapally (Managing Director) and Kavitha Dhannamaneni.
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 2 – 4 – 142 Ramnagar Hanamkonda, Warangal, Telangana, India – 506001.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.53 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹47.19 Lakh (net margin -154.6%) and EBITDA of -₹31.88 Lakh (EBITDA margin -104.4%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 10% over five years.
The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 5 smaller; the largest is Asquare Infotech Consultancy Private Limited with revenue of ₹30.54 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website codexitbs.com.
Company details
Contact details
Codexive IT and Business Solutions Private Limited's registered office is in Warangal, Telangana. Its website is codexitbs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 – 4 – 142 Ramnagar Hanamkonda, Warangal, Telangana, India – 506001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Codexive IT and 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 Codexive IT and Business Solutions 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 Codexive IT and Business Solutions Private Limited, buy the company report.
Financials of Codexive IT and Business Solutions Private Limited
FY 2024 filings availableCodexive IT and Business Solutions Private Limited reported revenue of ₹30.53 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 95% fall in the latest year. EBITDA fell 189% 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 | -₹31.88 Lakh | ||||
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| Net Profit (PAT) | -₹47.19 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 | -104.4% | ||||
| Net Profit Margin | -154.6% | ||||
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To see the full financial statements and ratios of Codexive IT and Business Solutions Private Limited, buy the company report.
Board of directors of Codexive IT and Business Solutions Private Limited
Codexive IT and Business Solutions 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 |
|---|---|---|---|---|
| Kavitha Dhannamaneni | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Narayana Rao Thakkalapally | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Pranitha Dugyala Also directs: Fabgrove Fabrics Private Limited, Darkpeak Resources Private Limited, Bhagaditya Infra Private Limited and 1 more | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Sriranga Rao Thakallapally | Managing Director | 17 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Codexive IT and Business Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Asquare Infotech Consultancy Private Limited | ₹30.54 Lakh (FY 2025) | 1427.0% | Hyderabad, Telangana, India | |||
| Genetico Research & Diagnostics Private Limited | ₹30.54 Lakh (FY 2025) | 130.0% | Jammu, Jammu and Kashmir, India | |||
| Codexive IT and Business Solutions Private Limitedthis company | ₹30.53 Lakh (FY 2025) | -₹47.19 Lakh | -154.6% | -95.0% | Warangal, Telangana, India | |
| Ecbee Innovations Private Limited | ₹30.52 Lakh (FY 2025) | -68.0% | Chennai, Tamil Nadu, India | |||
| Ziotech Software & Support Private Limited | ₹30.49 Lakh (FY 2024) | Delhi, India | ||||
| Globalsoft Labs Private Limited | ₹30.48 Lakh (FY 2025) | 19.0% | Shahberi, Uttar Pradesh, India | |||
| Shevam Technologies (OPC) Private Limited | ₹30.48 Lakh (FY 2023) | Noida, Uttar Pradesh, India | ||||
| Richtec Solution India Private Limited | ₹30.47 Lakh (FY 2015) | 9.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Codexive IT and Business Solutions Private Limited, buy the company report.
Auditor
Codexive IT and Business Solutions Private Limited is audited by Varun Siddharth & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varun Siddharth & Associates | FY 2023 | 021991S |
Shareholding
The shareholding of Codexive IT and Business Solutions 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 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Codexive IT and Business Solutions Private Limited, buy the company report.
Deals & funding
Codexive IT and Business Solutions Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Codexive IT and 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 Codexive IT and Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Codexive IT and Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCC7841J1ZD | Telangana | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Codexive IT and Business Solutions Private Limited, buy the company report.
Recent activity
Codexive IT and Business Solutions Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Kavitha Dhannamaneni was appointed as Director on 22 Apr 2021.
Frequently asked questions
Codexive IT and Business Solutions is an active private limited company based in Warangal, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U74999TG2017PTC114088.
Codexive IT and Business Solutions has 4 current directors:
- Sriranga Rao Thakallapally - Managing Director
- Kavitha Dhannamaneni - Director
- Narayana Rao Thakkalapally - Director
- Pranitha Dugyala - Director
The latest financial statements of Codexive IT and Business Solutions 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 2017 are in the company report.
The GSTIN of Codexive IT and Business Solutions is 36AAGCC7841J1ZD, registered in Telangana.
The CIN (Corporate Identification Number) of Codexive IT and Business Solutions is U74999TG2017PTC114088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codexive IT and Business Solutions was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Codexive IT and Business Solutions has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022.
The peers of Codexive IT and Business Solutions by revenue are Asquare Infotech Consultancy Private Limited, Genetico Research & Diagnostics Private Limited, Ecbee Innovations Private Limited, Ziotech Software & Support Private Limited, Globalsoft Labs Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kavitha Dhannamaneni was appointed as Director on 22 Apr 2021. Pranitha Dugyala was appointed as Director on 22 Apr 2021. Nehemiah Varakrupan Thota ceased to be Director on 21 Aug 2017. Codexive IT and Business Solutions has 5 board changes on record in total.
Codexive IT and Business Solutions can be reached through the website codexitbs.com. Its registered office is in Warangal, Telangana, India.
The registered office of Codexive IT and Business Solutions is at 2 – 4 – 142 Ramnagar Hanamkonda, Warangal, Telangana, India – 506001.