Devmode IT Solutions Private Limited

Devmode IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2014PTC075370 Incorporated 16 July 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Revenue · FY 2024
₹12.39 Lakh
▼ 94.69% YoY
Net loss · FY 2024
₹34,912
Net margin -2.8%
EBITDA · FY 2024
-₹15,063
EBITDA margin -1.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Devmode IT Solutions Private Limited

Data last updated:

Devmode IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 16 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075370. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Gopala Krishna Kumar Gurram and Swarnamanjari Cherukuri.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2024, the company reported a revenue of ₹12.39 Lakh. For the same year it recorded a net loss of ₹34,912 (net margin -2.8%) and EBITDA of -₹15,063 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72200KA2014PTC075370
Registration Number 075370
Incorporation Date 16 July 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Devmode IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078
  • Industry
    Information Technology, IT Infrastructure Management & Services, Cloud Computing & Cloud Services

To see the full contact details of Devmode IT Solutions Private Limited, buy the company report.

Comprehensive company report
Devmode 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
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Business activity

The main business activity of Devmode IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Devmode IT Solutions Private Limited, buy the company report.

Financials of Devmode IT Solutions Private Limited

FY 2024 filings available

Devmode IT Solutions Private Limited reported revenue of ₹12.39 Lakh for FY 2024.

Revenue · FY 2024
₹12.39 Lakh
Net loss · FY 2024
₹34,912 margin -2.8%
EBITDA · FY 2024
-₹15,063 margin -1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 20%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 161%
3 years · compounded
▼ 57%
5 years · compounded
▲ 53%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years. EBITDA fell 161% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹15,063
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34,912
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.2%
Net Profit Margin-2.8%
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

To see the full financial statements and ratios of Devmode IT Solutions Private Limited, buy the company report.

Board of directors of Devmode IT Solutions Private Limited

Devmode IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopala Krishna Kumar GurramDirector01 Dec 201411 Years 11 MonthsCurrent
Swarnamanjari CherukuriDirector16 Jul 201412 Years 3 MonthsCurrent

Auditor

Devmode IT Solutions Private Limited is audited by VENKOBI PP for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VENKOBI PPFY 2017207851

Shareholding

The shareholding of Devmode IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devmode IT Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Devmode IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Devmode IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Devmode IT Solutions Private Limited, buy the company report.

Recent activity

Devmode IT Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ajitha Chandini Sri Gurram ceased to be Director on 22 Mar 2016.

AGM
Devmode It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devmode It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ajitha Chandini Sri Gurram ceased to be Director.
Ceased
Durga Venkata Prasad Gurram ceased to be Director.
Appointed
Gopala Krishna Kumar Gurram was appointed as Director.
Appointed
Swarnamanjari Cherukuri was appointed as Director.
Incorporation
16 Jul 2014
Devmode It Solutions Private Limited was registered on 16 Jul 2014 with Roc Bangalore & aged 12 years 3 months as per MCA records.

Frequently asked questions

Devmode IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 16 July 2014 (12+ years old) and is registered under CIN U72200KA2014PTC075370.

Devmode IT Solutions has 2 current directors:

The latest financial statements of Devmode IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Devmode IT Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Devmode IT Solutions is U72200KA2014PTC075370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devmode IT Solutions was incorporated on 16 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

Ajitha Chandini Sri Gurram ceased to be Director on 22 Mar 2016. Durga Venkata Prasad Gurram ceased to be Director on 22 Mar 2016. Gopala Krishna Kumar Gurram was appointed as Director on 01 Dec 2014. Devmode IT Solutions has 4 board changes on record in total.

The registered office of Devmode IT Solutions is at 581 69th Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.

Devmode IT Solutions operates in the information technology industry, in the IT infrastructure management and services segment.

The compliance status of Devmode IT Solutions is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.