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Cyraac Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.3 Cr
▲ 42% YoY
Net profit · FY 2024
₹2.95 Cr
Net margin 15.3%
EBITDA · FY 2024
₹4.98 Cr
EBITDA margin 25.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹13.73 Cr
Satisfied ₹3.5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
86
Provident fund records
About Cyraac Services Private Limited
Data last updated:
Cyraac Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Value Point Systems Private Limited and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104449. Its GSTIN is 29AAHCC0865H1ZI (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Javali Sudhir Pai (Managing Director) and Shanker Murari.
Its last annual general meeting (AGM) was held on 27 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 ₹19.3 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 15.3%) and EBITDA of ₹4.98 Cr (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 65% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CyRAACS. As per MCA filings, the company has open charges of ₹13.73 Cr and satisfied charges of ₹3.5 Cr on record. The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2020. Its 9 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 5 larger and 4 smaller; the largest is Halohop Marketing Private Limited with revenue of ₹19.33 Cr.
Cyraac Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cyraacs.com.
Company details
CIN U74999KA2017PTC104449
Registration Number 104449
Incorporation Date 07 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Value Point Systems Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0058828
Recognitions & Rankings of Cyraac Services
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0058828
Contact details
Cyraac Services Private Limited's registered office is in Bangalore, Karnataka. Its website is cyraacs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGopalan Innovation Mall, No. 22 Bannerghatta Main Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Cyraac Services Private Limited, buy the company report.
Comprehensive company report
Cyraac Services Private Limited - one report that includes everything
- 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
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Brands
Cyraac Services operates one associated brand: CyRAACS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cybersecurity consulting firm | cyraacs.com |
Business activity
The main business activity of Cyraac Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Cyraac Services Private Limited, buy the company report.
Financials of Cyraac Services Private Limited
FY 2024 filings availableCyraac Services Private Limited reported revenue of ₹19.3 Cr (up 42% YoY) for FY 2024.
Revenue · FY 2024
₹19.3 Cr ▲ 42%
Net profit · FY 2024
₹2.95 Cr margin 15.3%
EBITDA · FY 2024
₹4.98 Cr margin 25.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 64%
5 years · compounded
▲ 65%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 95%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 42% growth in the latest year. EBITDA rose 103% 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 | ₹4.98 Cr | ||||
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| Net Profit (PAT) | ₹2.95 Cr | ||||
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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 | 25.8% | ||||
| Net Profit Margin | 15.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Cyraac Services Private Limited, buy the company report.
Board of directors of Cyraac Services Private Limited
Cyraac Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Javali Sudhir Pai Also directs: Prameya Health Private Limited | Managing Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Shanker Murari | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Ramakrishnan Suresh | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Cyraac Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Halohop Marketing Private Limited | ₹19.33 Cr (FY 2025) | 125.0% | Mumbai, Maharashtra, India | |||
| Sanria Engineering and Consulting Private Limited | ₹19.31 Cr (FY 2024) | -1.0% | Bangalore, Karnataka, India | |||
| Infospark Tech - Solutions Private Limited | ₹19.31 Cr (FY 2018) | 17.0% | Bangalore, Karnataka, India | |||
| Logicladder Technologies Private Limited | ₹19.31 Cr (FY 2025) | 221.0% | Gurgaon, Haryana, India | |||
| Avena International Marketing Private Limited | ₹19.3 Cr (FY 2024) | 1484785.0% | Delhi, India | |||
| Cyraac Services Private Limitedthis company | ₹19.3 Cr (FY 2024) | ₹2.95 Cr | 15.3% | 42.0% | 86 | Bangalore, Karnataka, India |
| Aicons Engineering Private Limited | ₹19.27 Cr (FY 2025) | 30.0% | Bhopal, Madhya Pradesh, India | |||
| Populationcouncil Consulting Private Limited | ₹19.24 Cr (FY 2024) | 17.0% | New Delhi, Delhi, India | |||
| Rusanav Designs Private Limited | ₹19.16 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Zeitview Apac Private Limited | ₹19.16 Cr (FY 2024) | 88.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Cyraac Services Private Limited, buy the company report.
Auditor
Cyraac Services Private Limited is audited by S. THYAGARAJAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. THYAGARAJAN & CO | FY 2023 | 006636S |
Shareholding
The shareholding of Cyraac Services 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cyraac Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.73 Cr
Satisfied charges
₹3.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101180427 | Others | ₹6.9 Cr | Open | |
| 13 Jun 2025 | 101152954 | Axis Bank Limited | ₹35.78 Lakh | Open | |
| 30 Jul 2024 | 100958917 | Axis Bank Limited | ₹22 Lakh | Open | |
| 22 Aug 2023 | 100779871 | Axis Bank Limited | ₹6.25 Cr | Open | |
| 30 Jan 2023 | 100699985 | Others | ₹3.5 Cr | Satisfied |
To see the full charge records of Cyraac Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Cyraac Services Private Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2020.
Total deals
3
Rights issue
1
Secondary share transfer
1
Acquisition
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Valuepoint Techsol Private Limited , Value Point Systems Private Limited , an individual |
| Mar 2019 | Acquisition | ₹2.7 Lakh | Buyer: Value Point Systems Private Limited Seller: Valuepoint Techsol Private Limited , an individual |
| Mar 2018 | Rights issue | ₹4.8 Lakh | Investors: Valuepoint Techsol Private Limited , 3 individuals |
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 Cyraac 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 Cyraac Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cyraac Services Private Limited has a workforce of 86 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
86
Active EPFO establishments
1
Employee growth
65.38%
GST
Cyraac Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC0865H1ZI | Karnataka | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of Cyraac Services Private Limited, buy the company report.
Recent activity
Cyraac Services Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Javali Sudhir Pai ceased to be Director on 05 Oct 2022.
Charges
A charge with Others amounted to Rs. 6.90 Cr with Charge ID 101180427 was registered on 29 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101152954 was registered on 13 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 6.25 Cr registered on 22 Aug 2023 with Charge ID 100779871 was modified on 30 Sep 2024.
AGM
Cyraac Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100958917 was registered on 30 Jul 2024.
Filing
Cyraac Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 30 Jan 2023 via Charge ID 100699985 with Others was fully satisfied on 09 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.25 Cr with Charge ID 100779871 was registered on 22 Aug 2023.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100699985 was registered on 30 Jan 2023.
Ceased
Javali Sudhir Pai ceased to be Director.
Appointed
Javali Sudhir Pai was appointed as Managing Director.
Ceased
Ramachandra Sridhar Shanbhag ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Cyraac Services 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 07 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104449.
Cyraac Services has 3 current directors:
- Javali Sudhir Pai - Managing Director
- Shanker Murari - Director
- Ramakrishnan Suresh - Director
The latest financial statements of Cyraac Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Cyraac Services is 29AAHCC0865H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Cyraac Services is U74999KA2017PTC104449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyraac Services was incorporated on 07 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Cyraac Services has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2020.
The peers of Cyraac Services by revenue are Halohop Marketing Private Limited, Sanria Engineering and Consulting Private Limited, Infospark Tech - Solutions Private Limited, Logicladder Technologies Private Limited, Avena International Marketing Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Javali Sudhir Pai ceased to be Director on 05 Oct 2022. Javali Sudhir Pai was appointed as Managing Director on 09 Oct 2020. Ramachandra Sridhar Shanbhag ceased to be Director on 21 Sep 2020. Cyraac Services has 8 board changes on record in total.
Yes, Cyraac Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cyraac Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0058828).