About Develapp Solutions Private Limited
Data last updated:
Develapp Solutions Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72501AP2018PTC107837. Its GSTIN is 37AAGCD5839B1ZP (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Neelima Chowdary Thalasila and Bala Chandu Guttikonda.
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 H.No. 9 – 19/1A Flat.No. Sf 4 Sri Sai Kaarthikeya Residency Enikepadu, Vijayawada, Andhra Pradesh, India – 521108.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.62 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹7,167 (net margin -0.3%) and EBITDA of ₹3.08 Lakh (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
The company is associated with 2 brands: First Man Group and Develapp Solutions.
For more details, the company can be reached via its website develappsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH.No. 9 – 19/1A Flat.No. Sf 4 Sri Sai Kaarthikeya Residency Enikepadu, Vijayawada, Andhra Pradesh, India – 521108
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Develapp Solutions Private Limited
The main business activity of Develapp Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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 Develapp Solutions Private Limited FY 2025 filings available
Develapp Solutions Private Limited reported revenue of ₹26.62 Lakh (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Develapp Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 10% fall in the latest year. EBITDA fell 24% 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 Develapp Solutions Private Limited
| Metrics | FY 2024-25 | 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 | ₹3.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7,167 | •••• | •••• | •••• | •••• |
| 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 Develapp Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Develapp Solutions are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Develapp Solutions Private Limited
Develapp Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrixnodes Technologies Private Limited | ₹26.82 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Openhaus Technologies Private Limited | ₹26.79 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Thane, Maharashtra, India |
| Rateviewer Technologies Private Limited | ₹26.77 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Kma Softtech (OPC) Private Limited | ₹26.73 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Rajkot, Gujarat, India |
| Telextra Systems (India) Private Limited | ₹26.65 Lakh (FY 2016) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Develapp Solutions Private Limited this company | ₹26.62 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Joudah Info-Lingo Tech Private Limited | ₹26.6 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| Blueberry Data Private Limited | ₹26.53 Lakh (FY 2020) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Ikare Marketing and Web Solutions Private Limited | ₹26.47 Lakh (FY 2020) | •••• | •••• | 1245.0% | •••• | Bangalore, Karnataka, India |
| Significant Analytics ITES Private Limited | ₹26.44 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
| Imagesindia Dotnet Private Limited | ₹26.44 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | At Jalan Farm, Delhi, India |
Peers are the five companies nearest above and the five nearest below Develapp Solutions by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Develapp Solutions Private Limited
Develapp Solutions Private Limited is audited by RAO & BABU ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO & BABU ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Develapp Solutions Private Limited
Develapp Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelima Chowdary Thalasila | Director | 12 Mar 2018 | 8 Years 6 Months | Current |
| Bala Chandu Guttikonda | Director | 12 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Develapp Solutions Private Limited
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 Develapp Solutions Private Limited
Develapp Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Develapp Solutions Private Limited
Develapp Solutions operates two associated brands: First Man Group and Develapp Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based platform for lead generation services. | firstmangroup.in | |
| Web development and IT services in Vijayawada. | develappsolutions.com |
Employees and EPFO Compliance at Develapp Solutions Private Limited
Employment history and EPFO contributions of people linked to Develapp Solutions.
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 Develapp Solutions Private Limited
Develapp Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bala Chandu Guttikonda was appointed as Director on 12 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Develapp Solutions Private Limited
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 Develapp Solutions Private Limited
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 Develapp Solutions Private Limited
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 Develapp Solutions Private Limited
Develapp Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCD5839B1ZP | Andhra Pradesh | Active | 20 Apr 2018 |
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 Develapp Solutions Private Limited
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 Develapp Solutions Private Limited
Develapp Solutions is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U72501AP2018PTC107837.
Develapp Solutions reported revenue of ₹26.62 Lakh for FY 2025 (down 10% YoY).
Develapp Solutions has 2 current directors:
- Neelima Chowdary Thalasila - Director
- Bala Chandu Guttikonda - Director
Develapp Solutions reported a net loss of ₹7,167 (net margin -0.3%) and EBITDA of ₹3.08 Lakh (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Develapp Solutions is -22% over three years and -16% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Develapp Solutions is 37AAGCD5839B1ZP, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Develapp Solutions is U72501AP2018PTC107837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Develapp Solutions was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Develapp Solutions by revenue are Matrixnodes Technologies Private Limited, Openhaus Technologies Private Limited, Rateviewer Technologies Private Limited, Kma Softtech (OPC) Private Limited, Telextra Systems (India) Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Bala Chandu Guttikonda was appointed as Director on 12 Mar 2018. Neelima Chowdary Thalasila was appointed as Director on 12 Mar 2018.
Develapp Solutions can be reached through the website develappsolutions.com. Its registered office is in Vijayawada, Andhra Pradesh, India.