Startup India Government of India
Cyrene IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.43 Cr
▲ 121% YoY
Net profit · FY 2024
₹6.59 Lakh
Net margin 4.6%
EBITDA · FY 2024
₹10.23 Lakh
EBITDA margin 7.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Cyrene IT Solutions Private Limited
Data last updated:
Cyrene IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, 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 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140886. Its GSTIN is 29AAJCC1082G1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogesh Nanjappa and Gurumurthy Raghavendra.
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 969 2nd Floor 2nd Main M.C.Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.43 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹6.59 Lakh (net margin 4.6%) and EBITDA of ₹10.23 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 203% over three years.
The company is associated with 1 brand: Cyrene IT.
Cyrene IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039669). For more details, the company can be reached via its website cyreneit.com.
Company Details of Cyrene IT Solutions Private Limited
CIN U72900KA2020PTC140886
Registration Number 140886
Incorporation Date 10 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0039669
Recognitions & Rankings of Cyrene IT Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0039669
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 969 2nd Floor 2nd Main M.C.Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Cyrene IT Solutions 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Cyrene IT Solutions Private Limited
Cyrene IT Solutions operates one associated brand: Cyrene IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT solutions including data optimization, networking, cloud services, and managed security. | cyreneit.com |
Business Activity of Cyrene IT Solutions Private Limited
The main business activity of Cyrene IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cyrene IT Solutions Private Limited FY 2025 filings available
Cyrene IT Solutions Private Limited reported revenue of ₹1.43 Cr (up 121% YoY) for FY 2024.
Revenue · FY 2024
₹1.43 Cr ▲ 121%
Net profit · FY 2024
₹6.59 Lakh margin 4.6%
EBITDA · FY 2024
₹10.23 Lakh margin 7.2%
Compounded Annual Growth Rate (CAGR) of Cyrene IT Solutions Private Limited
Revenue CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 203%
EBITDA CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 203% over three years, including 121% growth in the latest year. EBITDA rose 144% 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 of Cyrene IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.59 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Cyrene IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cyrene IT Solutions are in the company report.
Premium access
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Cyrene IT Solutions Private Limited
Cyrene IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Nanjappa Also directs: Desiri Naturals Private Limited | Director | 04 Nov 2024 | 1 Years 11 Months | Current |
| Gurumurthy Raghavendra Also directs: Zaplio Technologies Private Limited | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
Peer Comparison of Cyrene IT Solutions Private Limited
Cyrene IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ziffytech Digital Healthcare Private Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Volmint Technologies Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Delphinus Systems Private Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Varanasi, Uttar Pradesh, India |
| Kandala Technologies Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 1068.0% | •••• | Hyderabad, Telangana, India |
| Lyrical Binary Systems (OPC) Private Limited | ₹1.43 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Bengaluru, Karnataka, India |
| Cyrene IT Solutions Private Limited this company | ₹1.43 Cr (FY 2024) | •••• | •••• | 121.0% | •••• | Bangalore, Karnataka, India |
| Refo Tech Systems Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Xtelesis Datacom Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Banglaore, Karnataka, India |
| Badbeat Software Private Limited | ₹1.42 Cr (FY 2023) | •••• | •••• | -30.0% | •••• | Secunderbad, Telangana, India |
| Playdom India Private Limited | ₹1.42 Cr (FY 2017) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Livelong Technologies Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | 258.0% | •••• | Kottayam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Cyrene IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Cyrene IT Solutions Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cyrene IT Solutions Private Limited
Cyrene IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cyrene IT Solutions Private Limited
Cyrene IT Solutions Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Active EPFO establishments
1
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cyrene IT Solutions Private Limited
Cyrene IT Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Vijayalakshmi Munishamappa Somaiah ceased to be Director on 08 Jan 2025.
AGM
Cyrene It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cyrene It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Vijayalakshmi Munishamappa Somaiah ceased to be Director.
Appointed
Yogesh Nanjappa was appointed as Director.
Appointed
Gurumurthy Raghavendra was appointed as Director.
Incorporation
10 Nov 2020
Cyrene It Solutions Private Limited was registered on 10 Nov 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Cyrene IT Solutions Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cyrene IT Solutions Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cyrene IT Solutions Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cyrene IT Solutions Private Limited
Cyrene IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC1082G1ZN | Karnataka | Active | 28 Dec 2020 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cyrene IT Solutions Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cyrene IT Solutions Private Limited
Cyrene 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 10 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140886.
Cyrene IT Solutions reported revenue of ₹1.43 Cr for FY 2024 (up 121% YoY).
Cyrene IT Solutions has 2 current directors:
- Yogesh Nanjappa - Director
- Gurumurthy Raghavendra - Director
Cyrene IT Solutions reported a net profit of ₹6.59 Lakh (net margin 4.6%) and EBITDA of ₹10.23 Lakh (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cyrene IT Solutions is 203% over three years. In the latest year (FY 2024) revenue rose 121%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cyrene IT Solutions is 29AAJCC1082G1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Cyrene IT Solutions is U72900KA2020PTC140886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyrene IT Solutions was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cyrene IT Solutions by revenue are Ziffytech Digital Healthcare Private Limited, Volmint Technologies Private Limited, Delphinus Systems Private Limited, Kandala Technologies Private Limited, Lyrical Binary Systems (OPC) Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Vijayalakshmi Munishamappa Somaiah ceased to be Director on 08 Jan 2025. Yogesh Nanjappa was appointed as Director on 04 Nov 2024. Gurumurthy Raghavendra was appointed as Director on 10 Nov 2020.
Yes, Cyrene IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).