Deriv It Solutions Private Limited
About Deriv It Solutions Private Limited
Data last updated: 24 July 2025
Deriv It Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Luxoft International Company Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 21 January 2008, the company has been in operation for over 18 years.
Registered with ROC Bangalore under CIN U72200KA2008PTC045015.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Ramya Ramesh Bharadwaj and Madhusudan Deshpande.
Last AGM: 31 December 2020. Financial statements filed for year ended 31 March 2020. Office: Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹266.12 Cr, a growth of 23% compared to the previous year.
The company has a workforce of approximately 48 employees as per the latest available data. It operates as a subsidiary of Luxoft International Company Limited.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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Registered Address# 88 Borewell Road Opposite Whitefield Post Office Whitefi, Eld, Bangalore, Karnataka, India – 560066
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IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
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Business Activity of Deriv It Solutions Private Limited
Deriv It Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 |
Business activity turnover details for Deriv It Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Deriv It Solutions Private Limited
Deriv It Solutions Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history for Deriv It Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Deriv It Solutions Private Limited
Deriv It Solutions Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ramya Ramesh Bharadwaj
Also directs:
Luxoft India Llp
|
Additional Director | 20 Nov 2023 | 2 Years 8 Months | As last reported |
| Madhusudan Deshpande | Director | 31 May 2018 | 8 Years 1 Months | As last reported |
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Pankaj Kumar Mishra
Also directs:
Luxoft India Llp
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Additional Director | 26 Mar 2025 | 1 Years 3 Months | As last reported |
Financials of Deriv It Solutions Private Limited FY 2020 filings available
Deriv It Solutions Private Limited reported revenue of ₹266.12 Cr (up 23.00% YoY) for FY 2020.
Ten-year financial statements for Deriv It Solutions Private Limited
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Ownership and Shareholding of Deriv It Solutions Private Limited
Shareholding and ownership data for Deriv It Solutions Private Limited
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Charges & Borrowings of Deriv It Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2013 | Deutsche Bank Ag | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Deriv It Solutions Private Limited
Deriv It Solutions Private Limited has a workforce of 48 employees as of Apr 07, 2024.
Employee and EPFO history for Deriv It Solutions Private Limited
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GST Compliance of Deriv It Solutions Private Limited
GST registrations and filing compliance for Deriv It Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Deriv It Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Deriv It Solutions Private Limited
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MSME Payment Delays by Deriv It Solutions Private Limited
MSME payment history for Deriv It Solutions Private Limited
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Subsidiaries & Group Companies of Deriv It Solutions Private Limited
Corporate group structure for Deriv It Solutions Private Limited
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MCA Filings & Documents of Deriv It Solutions Private Limited
MCA filings and documents for Deriv It Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Deriv It Solutions Private Limited
Frequently Asked Questions about Deriv It Solutions Private Limited
Deriv It Solutions Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Deriv It Solutions Private Limited is a company under liquidation, formerly operating as a private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 21 January 2008 and is registered under CIN U72200KA2008PTC045015. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Deriv It Solutions Private Limited reported revenue of ₹266.12 Cr for FY 2020 (up 23.00% YoY).
The current directors of Deriv It Solutions Private Limited are:
- Ramya Ramesh Bharadwaj - Additional Director
- Madhusudan Deshpande - Director
- Pankaj Kumar Mishra - Additional Director
The CIN (Corporate Identification Number) of Deriv It Solutions Private Limited is U72200KA2008PTC045015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deriv It Solutions Private Limited has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.