About Consulace Business Solutions Private Limited
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Consulace Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 22 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC068684. Its GSTIN is 29AAFCC2206E1Z3 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lenin Vasudevan (Managing Director) and Prabhakar Vasumathi.
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 ₹23.52 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹33.72 Lakh (net margin -143.4%) and EBITDA of -₹32.09 Lakh (EBITDA margin -136.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 5% over five years.
The company is associated with 1 brand: Consulace.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website consulace.com.
Company details
Contact details
Consulace Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is consulace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 24 (Old No. 9A/39/2) 3rd Floor Daps Square 18th Main Revenue Layout Padmanabhanag, Ar, Bangalore, Karnataka, India – 560070
- IndustryService, Information Technology Services
To see the full contact details of Consulace 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
Brands
Consulace Business Solutions operates one associated brand: Consulace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT, SEO, and SMM services to businesses. | consulace.com |
Business activity
The main business activity of Consulace Business 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 Consulace Business Solutions Private Limited, buy the company report.
Financials of Consulace Business Solutions Private Limited
FY 2024 filings availableConsulace Business Solutions Private Limited reported revenue of ₹23.52 Lakh (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 86% fall in the latest year. EBITDA fell 285% 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 |
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| EBITDA | -₹32.09 Lakh | ||||
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| Net Profit (PAT) | -₹33.72 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | -136.4% | ||||
| Net Profit Margin | -143.4% | ||||
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To see the full financial statements and ratios of Consulace Business Solutions Private Limited, buy the company report.
Board of directors of Consulace Business Solutions Private Limited
Consulace Business Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Vasumathi | Director | 22 Apr 2013 | 13 Years 6 Months | Current |
| Mahesh Veerayya Swami Also directs: Vasa Living LLP, Vasa Habitats Private Limited | Additional Director | 01 Jan 2019 | 7 Years 10 Months | Current |
| Lenin Vasudevan Also directs: Ywau Private Limited | Managing Director | 01 Jun 2013 | 13 Years 5 Months | Current |
| Nitin | Additional Director | 01 Jan 2019 | 7 Years 10 Months | Current |
Peer comparison
Consulace Business 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 |
|---|---|---|---|---|---|---|
| Paskon (India) Private Limited | ₹23.55 Lakh (FY 2024) | -49.0% | Bangalore, Karnataka, India | |||
| Digital-Optim Solutions Private Limited | ₹23.55 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Avastar Private Limited | ₹23.53 Lakh (FY 2025) | -5.0% | Indore, Madhya Pradesh, India | |||
| Interface Business Consulting Private Limited | ₹23.52 Lakh (FY 2018) | -64.0% | Mumbai, Maharashtra, India | |||
| Zeniamobile India Private Limited | ₹23.52 Lakh (FY 2023) | Delhi, India | ||||
| Consulace Business Solutions Private Limitedthis company | ₹23.52 Lakh (FY 2024) | -₹33.72 Lakh | -143.4% | -86.0% | Bangalore, Karnataka, India | |
| Tarkash Corporate Communications Private Limited | ₹23.51 Lakh (FY 2021) | 16.0% | Delhi, India | |||
| Mja Techno Services Private Limited | ₹23.51 Lakh (FY 2025) | 70.0% | Indore, Madhya Pradesh, India | |||
| Moxie Traffic Survey Private Limited | ₹23.51 Lakh (FY 2025) | 78.0% | Cuttack Sadar, Odisha, India | |||
| Web Buzz Media Private Limited | ₹23.5 Lakh (FY 2024) | -16.0% | Mohali, Punjab, India | |||
| Aplos Convergence Private Limited | ₹23.5 Lakh (FY 2024) | -82.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Consulace Business Solutions Private Limited, buy the company report.
Auditor
Consulace Business Solutions Private Limited is audited by GD & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GD & Associates | FY 2017 | 011187S |
Shareholding
The shareholding of Consulace Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Consulace Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Consulace 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 Consulace Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Consulace Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC2206E1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Consulace Business Solutions Private Limited, buy the company report.
Recent activity
Consulace Business Solutions Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Monica ceased to be Director on 01 Apr 2019.
Frequently asked questions
Consulace Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 22 April 2013 (13+ years old) and is registered under CIN U72200KA2013PTC068684.
Consulace Business Solutions has 4 current directors:
- Lenin Vasudevan - Managing Director
- Prabhakar Vasumathi - Director
- Mahesh Veerayya Swami - Additional Director
- Nitin - Additional Director
The latest financial statements of Consulace 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 2015 are in the company report.
The GSTIN of Consulace Business Solutions is 29AAFCC2206E1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Consulace Business Solutions is U72200KA2013PTC068684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Consulace Business Solutions was incorporated on 22 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Consulace Business Solutions by revenue are Paskon (India) Private Limited, Digital-Optim Solutions Private Limited, Avastar Private Limited, Interface Business Consulting Private Limited, Zeniamobile India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Monica ceased to be Director on 01 Apr 2019. Kumari Vasudevan ceased to be Director on 01 Jan 2019. Lenin Vasudevan ceased to be Director on 01 Jan 2019. Consulace Business Solutions has 7 board changes on record in total.
Consulace Business Solutions can be reached through the website consulace.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Consulace Business Solutions is at No. 24 Old No. 9A392 3rd Floor Daps Square 18th Main Revenue Layout Padmanabhanag, Ar, Bangalore, Karnataka, India – 560070.
Consulace Business Solutions operates in the service industry, in the information technology services segment.
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