MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-02-0056646
Devapp Tech Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹38.13 Lakh
▲ 13% YoY
Net loss · FY 2021
₹13.15 Lakh
Net margin -34.5%
EBITDA · FY 2021
-₹11.63 Lakh
EBITDA margin -30.5%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹9.4 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Devapp Tech Solutions Private Limited
Data last updated:
Devapp Tech Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2013PTC087234. Its GSTIN is 36AAECD6207B1Z5 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹9.4 Lakh. It is led by directors including Mahender Reddy Gurram and Srikanth Soma.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 506 Plot No 364 To 366 Lahari Archade Anjaneyanagar Moosapet Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2021, the company reported a revenue of ₹38.13 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹13.15 Lakh (net margin -34.5%) and EBITDA of -₹11.63 Lakh (EBITDA margin -30.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
The company is associated with 1 brand: DevAppSol.
Devapp Tech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0056646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devappsol.com.
Company details
CIN U74900TG2013PTC087234
Registration Number 087234
Incorporation Date 24 April 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0056646
CIN history
Devapp Tech Solutions has one previous CIN (Corporate Identification Number): U74900AP2013PTC087234. The current CIN is U74900TG2013PTC087234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2013PTC087234 | Current |
| U74900AP2013PTC087234 | Previous |
Key People
Mahender Reddy Gurram Director Srikanth Soma Director Minesh Kirtilal Adani Additional Director Recognitions & Rankings of Devapp Tech Solutions
Contact details
Devapp Tech Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is devappsol.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address506 Plot No 364 To 366 Lahari Archade Anjaneyanagar Moosapet Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Devapp Tech Solutions Private Limited, buy the company report.
Comprehensive company report
Devapp Tech 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
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Secure checkout · GST invoice included
Brands
Devapp Tech Solutions operates one associated brand: DevAppSol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IoT hardware and software for enterprise asset tracking and optimization. | devappsol.com |
Business activity
The main business activity of Devapp Tech Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Devapp Tech Solutions Private Limited, buy the company report.
Financials of Devapp Tech Solutions Private Limited
FY 2021 filings availableDevapp Tech Solutions Private Limited reported revenue of ₹38.13 Lakh (up 13% YoY) for FY 2021.
Revenue · FY 2021
₹38.13 Lakh ▲ 13%
Net loss · FY 2021
₹13.15 Lakh margin -34.5%
EBITDA · FY 2021
-₹11.63 Lakh margin -30.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 20%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 541%
3 years · compounded
▼ 45%
5 years · compounded
▼ 38%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 541% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹11.63 Lakh | ||||
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| Net Profit (PAT) | -₹13.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -30.5% | ||||
| Net Profit Margin | -34.5% | ||||
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To see the full financial statements and ratios of Devapp Tech Solutions Private Limited, buy the company report.
Board of directors of Devapp Tech Solutions Private Limited
Devapp Tech Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahender Reddy Gurram | Director | 26 Oct 2013 | 12 Years 11 Months | Current |
| Srikanth Soma | Director | 26 Oct 2013 | 12 Years 11 Months | Current |
| Minesh Kirtilal Adani | Additional Director | 09 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Devapp Tech Solutions Private Limited is audited by BHAVANA ASTHANA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVANA ASTHANA & CO | FY 2018 | 010113S |
Shareholding
The shareholding of Devapp Tech Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devapp Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devapp Tech 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 Devapp Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devapp Tech Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECD6207B1Z5 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devapp Tech Solutions Private Limited, buy the company report.
Recent activity
Devapp Tech Solutions Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Minesh Kirtilal Adani was appointed as Additional Director on 09 Nov 2022.
Appointed
Minesh Kirtilal Adani was appointed as Additional Director.
AGM
Devapp Tech Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Devapp Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Varala Srinivasulu ceased to be Additional Director.
Ceased
Shylaja Reddy Gurram ceased to be Director.
Ceased
Soma Anupama ceased to be Director.
Appointed
Mahender Reddy Gurram was appointed as Director.
Appointed
Srikanth Soma was appointed as Director.
Incorporation
24 Apr 2013
Devapp Tech Solutions Private Limited was registered on 24 Apr 2013 with Roc Hyderabad & aged 13 years 6 months as per MCA records.
Frequently asked questions
Devapp Tech Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 April 2013 (13+ years old) and is registered under CIN U74900TG2013PTC087234.
Devapp Tech Solutions has 3 current directors:
- Mahender Reddy Gurram - Director
- Srikanth Soma - Director
- Minesh Kirtilal Adani - Additional Director
The latest financial statements of Devapp Tech Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Devapp Tech Solutions is 36AAECD6207B1Z5, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devapp Tech Solutions is U74900TG2013PTC087234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devapp Tech Solutions was incorporated on 24 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Minesh Kirtilal Adani was appointed as Additional Director on 09 Nov 2022. Varala Srinivasulu ceased to be Additional Director on 29 Sep 2016. Shylaja Reddy Gurram ceased to be Director on 28 Oct 2013. Devapp Tech Solutions has 6 board changes on record in total.
Yes, Devapp Tech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0056646).
Devapp Tech Solutions can be reached through the website devappsol.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Devapp Tech Solutions is at 506 Plot No 364 To 366 Lahari Archade Anjaneyanagar Moosapet Kukatpally, Hyderabad, Telangana, India – 500072.