Startup India Government of India
Deveco Solutions Private Limited
Deveco Solutions Private Limited - information technology in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹3.6 Cr
▲ 358% YoY
Net profit · FY 2025
₹16.03 Lakh
Net margin 4.5%
EBITDA · FY 2025
₹23.8 Lakh
EBITDA margin 6.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Deveco Solutions Private Limited
Data last updated:
Deveco Solutions Private Limited is a private limited company based in Bengaluru, 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 22 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC168163.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hema Pranavi Murali (Managing Director) and Pericherla Anantha Ramaraju.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.02 Kristal Coral Dommasandra Sarjapur Road, Bengaluru, Karnataka, India – 562125.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.03 Lakh (net margin 4.5%) and EBITDA of ₹23.8 Lakh (EBITDA margin 6.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Deveco Solutions Private Limited
CIN U72900KA2022PTC168163
Registration Number 168163
Incorporation Date 22 November 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Deveco Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.02 Kristal Coral Dommasandra Sarjapur Road, Bengaluru, Karnataka, India – 562125
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Deveco Solutions Private Limited
The main business activity of Deveco 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Deveco Solutions Private Limited FY 2025 filings available
Deveco Solutions Private Limited reported revenue of ₹3.6 Cr (up 358% YoY) for FY 2025.
Revenue · FY 2025
₹3.6 Cr ▲ 358%
Net profit · FY 2025
₹16.03 Lakh margin 4.5%
EBITDA · FY 2025
₹23.8 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR) of Deveco Solutions Private Limited
Revenue CAGR growth
1 year
▲ 358%
Revenue rose 358% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Deveco Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹23.8 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.03 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 Deveco Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.6% | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• |
| 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 Deveco Solutions are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Deveco Solutions Private Limited
Deveco 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 |
|---|---|---|---|---|
| Hema Pranavi Murali | Managing Director | 22 Nov 2022 | 3 Years 10 Months | Current |
| Pericherla Anantha Ramaraju | Director | 28 Nov 2023 | 2 Years 10 Months | Current |
Peer Comparison of Deveco Solutions Private Limited
Deveco 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 |
|---|---|---|---|---|---|---|
| Prism Cybersoft Private Limited | ₹3.61 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Wyselinks India Private Limited | ₹3.61 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Codzgarage Info Tech Private Limited | ₹3.6 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| Oorja Tech Interfacing Experts Private Limited | ₹3.6 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Ehook Infotech Private Limited | ₹3.6 Cr (FY 2021) | •••• | •••• | 187.0% | •••• | Mumbai, Maharashtra, India |
| Deveco Solutions Private Limited this company | ₹3.6 Cr (FY 2025) | •••• | •••• | 358.0% | •••• | Bengaluru, Karnataka, India |
| Xopple Infotech Private Limited | ₹3.6 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mansa, Gujarat, India |
| Openmind E- Design Private Limited | ₹3.6 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Ernakulam, Kerala, India |
| Creole Ventures Private Limited | ₹3.59 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Ahmedabad, Gujarat, India |
| Integrated Corporate Sentinel Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| FPS Services Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Deveco 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.
Charges & Borrowings of Deveco Solutions Private Limited
Deveco Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Deveco Solutions Private Limited
Employment history and EPFO contributions of people linked to Deveco Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Deveco Solutions Private Limited
Deveco Solutions Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Murali Ventrapragada ceased to be Managing Director on 28 Nov 2023.
AGM
Deveco Solutions Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Deveco Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Murali Ventrapragada ceased to be Managing Director.
Appointed
Pericherla Anantha Ramaraju was appointed as Director.
Appointed
Hema Pranavi Murali was appointed as Managing Director.
Appointed
Murali Ventrapragada was appointed as Managing Director.
Incorporation
22 Nov 2022
Deveco Solutions Private Limited was registered on 22 Nov 2022 with Roc Bangalore & aged 3 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Deveco Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Deveco Solutions Private Limited
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Subsidiaries & Group Companies of Deveco Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Deveco Solutions Private Limited
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GST registrations and filing compliance
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MCA Filings & Documents of Deveco Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Deveco Solutions Private Limited
Deveco Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 November 2022 (4+ years old) and is registered under CIN U72900KA2022PTC168163.
Deveco Solutions reported revenue of ₹3.6 Cr for FY 2025 (up 358% YoY).
Deveco Solutions has 2 current directors:
- Hema Pranavi Murali - Managing Director
- Pericherla Anantha Ramaraju - Director
Deveco Solutions reported a net profit of ₹16.03 Lakh (net margin 4.5%) and EBITDA of ₹23.8 Lakh (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Deveco Solutions is U72900KA2022PTC168163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deveco Solutions was incorporated on 22 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Deveco Solutions by revenue are Prism Cybersoft Private Limited, Wyselinks India Private Limited, Codzgarage Info Tech Private Limited, Oorja Tech Interfacing Experts Private Limited, Ehook Infotech Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Murali Ventrapragada ceased to be Managing Director on 28 Nov 2023. Pericherla Anantha Ramaraju was appointed as Director on 28 Nov 2023. Hema Pranavi Murali was appointed as Managing Director on 22 Nov 2022. Deveco Solutions has 4 board changes on record in total.
Yes, Deveco Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Deveco Solutions is at No.02 Kristal Coral Dommasandra Sarjapur Road, Bengaluru, Karnataka, India – 562125.
Deveco Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.