About Connectivity IT Solutions Private Limited
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Connectivity IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC081982. Its GSTIN is 29AAGCC1283L1ZC (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.41 Cr. It is led by directors including Narasimhamurthy Narasappa Hossur (Managing Director) and Narasappa Hossur.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹232.76 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹12.54 Cr (net margin 5.4%) and EBITDA of ₹20.11 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 22% over five years.
The company has about 171 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Connectivity Solutions. As per MCA filings, the company has open charges of ₹16.88 Cr and satisfied charges of ₹9.28 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 1 deal on record (1 rights issue); the latest was in March 2018. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Kuku Technologies Private Limited with revenue of ₹258.38 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cosol.in.
Company details
Contact details
Connectivity IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is cosol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1877 1st Floor Gangothri 31st Cross 10th Main Banashankari 2nd, Stage, Bangalore, Karnataka, India – 560070
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Connectivity IT 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
Brands
Connectivity IT Solutions operates one associated brand: Connectivity Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services, solutions, and infrastructure for client business transformation. | cosol.in |
Business activity
The main business activity of Connectivity IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Connectivity IT Solutions Private Limited, buy the company report.
Financials of Connectivity IT Solutions Private Limited
FY 2024 filings availableConnectivity IT Solutions Private Limited reported revenue of ₹232.76 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹232.76 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹20.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.54 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Connectivity IT Solutions Private Limited, buy the company report.
Board of directors of Connectivity IT Solutions Private Limited
Connectivity IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasappa Hossur Also directs: Coseq India Private Limited | Director | 04 Aug 2015 | 11 Years 2 Months | Current |
| Narasimhamurthy Narasappa Hossur | Managing Director | 04 Aug 2015 | 11 Years 2 Months | Current |
| Venkat Rajan Also directs: Coseq India Private Limited | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Connectivity IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kuku Technologies Private Limited | ₹258.38 Cr (FY 2025) | 148.0% | Mumbai, Maharashtra, India | |||
| NXP Semiconductors India Private Limited | ₹255.54 Cr (FY 2017) | 7.0% | Bangalore, Karnataka, India | |||
| Dunzo Digital Private Limited | ₹252.6 Cr (FY 2023) | 273.0% | Bangalore, Karnataka, India | |||
| Techbooks International Private Limited | ₹252.2 Cr (FY 2025) | 8.0% | Noida, Uttar Pradesh, India | |||
| Bcits Private Limited | ₹251.33 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Orange Business Services India Network Private Limited | ₹249.17 Cr (FY 2025) | 16.0% | Gurgaon, Haryana, India | |||
| Phenompeople Private Limited | ₹249.16 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Fcbulka Advertising Private Limited | ₹242.81 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Raramuri Technology Private Limited | ₹241.43 Cr (FY 2024) | -4.0% | Bangalore, Karnataka, India | |||
| Aveva Information Technology India Private Limited | ₹240.16 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Connectivity IT Solutions Private Limitedthis company | ₹232.76 Cr (FY 2024) | ₹12.54 Cr | 5.4% | -20.0% | 171 | Bangalore, Karnataka, India |
To see the full peer comparison of Connectivity IT Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Connectivity IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Connectivity IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101185144 | Hdfc Bank Limited | ₹16 Cr | Open | |
| 26 Mar 2025 | 101133151 | Hdfc Bank Limited | ₹88.47 Lakh | Open | |
| 27 Feb 2018 | 100186655 | Others | ₹9.28 Cr | Satisfied |
To see the full charge records of Connectivity IT Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Connectivity IT Solutions Private Limited has 1 deal on record (1 rights issue); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹3.4 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Connectivity IT Solutions Private Limited has 5 court cases on record: 1 filed by Connectivity IT Solutions, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by CMS IT Services Pvt. Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Ms Compuage Infocom Ltd Through Mr Nithyanand Nadar | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S CMS IT Private Limited | Disposed |
To see the full case history of Connectivity IT Solutions 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 Connectivity IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Connectivity IT Solutions has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Connectivity IT Solutions Private Limited has a workforce of 171 employees on its EPFO records as of Jan 25, 2025, across 1 active EPFO establishment.
GST
Connectivity IT Solutions has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC1283L1ZC | Karnataka | Active | 01 Jul 2017 |
| 27AAGCC1283L1ZG | Maharashtra | Active | 01 Jul 2017 |
| 06AAGCC1283L1ZK | Haryana | Active | 26 Jul 2017 |
| 24AAGCC1283L1ZM | Gujarat | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Connectivity IT Solutions Private Limited, buy the company report.
Recent activity
Connectivity IT Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Venkat Rajan was appointed as Director on 07 Apr 2018.
Frequently asked questions
Connectivity IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 August 2015 (11+ years old) and is registered under CIN U72200KA2015PTC081982.
Connectivity IT Solutions has 3 current directors:
- Narasimhamurthy Narasappa Hossur - Managing Director
- Narasappa Hossur - Director
- Venkat Rajan - Director
The latest financial statements of Connectivity IT 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 2016 are in the company report.
The GSTIN of Connectivity IT Solutions is 29AAGCC1283L1ZC, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAGCC1283L1ZG (Maharashtra), 06AAGCC1283L1ZK (Haryana), 24AAGCC1283L1ZM (Gujarat).
The CIN (Corporate Identification Number) of Connectivity IT Solutions is U72200KA2015PTC081982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Connectivity IT Solutions has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the high courts.
Connectivity IT Solutions was incorporated on 04 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Connectivity IT Solutions has 1 deal on record (1 rights issue); the latest was in March 2018.
The peers of Connectivity IT Solutions by revenue are Kuku Technologies Private Limited, NXP Semiconductors India Private Limited, Dunzo Digital Private Limited, Techbooks International Private Limited, Bcits Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Venkat Rajan was appointed as Director on 07 Apr 2018. Narasappa Hossur was appointed as Director on 04 Aug 2015. Narasimhamurthy Narasappa Hossur was appointed as Managing Director on 04 Aug 2015.
Connectivity IT Solutions can be reached through the website cosol.in. Its registered office is in Bangalore, Karnataka, India.