About Digiotech Solutions Private Limited
Data last updated:
Digiotech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC092338. Its GSTIN is 29AAFCD6658R1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.38 Lakh. It is led by directors Abhinav Parashar and Sanket Nayak.
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 Flat C – 1603 Oak Block Salarpuria Greenage Apts Bomanhalli Hosur Main Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.99 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹50.74 Cr (net margin 40%) and EBITDA of ₹68.78 Cr (EBITDA margin 54.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 39% over five years.
The company has about 56 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Digio and DP TradeKING. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97.55 Cr; the latest was in June 2023. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Gobuyeazzify India Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digio.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressFlat C – 1603 Oak Block Salarpuria Greenage Apts Bomanhalli Hosur Main Road, Bangalore, Karnataka, India – 560068
- 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 Digiotech Solutions Private Limited
The main business activity of Digiotech Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Digiotech Solutions Private Limited FY 2024 filings available
Digiotech Solutions Private Limited reported revenue of ₹126.99 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Digiotech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 23% growth in the latest year. EBITDA rose 23% 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 Digiotech 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 | ₹68.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.74 Cr | •••• | •••• | •••• | •••• |
| 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 Digiotech Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 40% | •••• | •••• | •••• | •••• |
| 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 Digiotech Solutions are in the company report.
Financial statements from FY 2017
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 Digiotech Solutions Private Limited
Digiotech Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gobuyeazzify India Private Limited | •••• | •••• | •••• | •••• | 19 | Delhi, India |
| Ericsson Enterprise Wireless Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Richa Info Systems Limited | •••• | •••• | •••• | •••• | 10 | Gandhinagar, Gujarat, India |
| Inspire Brands Global Innovation Center India Private Limited | •••• | •••• | •••• | •••• | - | Seri Lingampally, Telangana, India |
| TNS Infrastructure Technology Private Limited | •••• | •••• | •••• | •••• | 63 | New Delhi, Delhi, India |
| Digiotech Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Qad India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nggawe Nirman Technologies Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Vienna Multiventures Private Limited | •••• | •••• | •••• | •••• | 14 | Mumbai, Maharashtra, India |
| Gebbs Technologies Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Foundever Business Services of India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Digiotech Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Digiotech Solutions Private Limited
Digiotech Solutions Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Surana & Associates LLP | 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 Digiotech Solutions Private Limited
Digiotech Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Parashar | Director | 12 Apr 2016 | 10 Years 5 Months | Current |
| Sanket Nayak | Director | 12 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Digiotech 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 Digiotech Solutions Private Limited
Digiotech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Digiotech Solutions Private Limited
Digiotech Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97.55 Cr; the latest was in June 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Galaxystar Ground Pte. Ltd. Seller: 2 individuals |
| Dec 2022 | Funding round · Series A | ₹95 Cr | Investors: Billionbrains Garage Ventures Limited |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Billionbrains Garage Ventures Limited Seller: 4 individuals |
| Sep 2016 | Funding round · Seed | ₹2.55 Cr | Investors: Rainmatter Ventures, an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Digiotech Solutions Private Limited
Digiotech Solutions operates two associated brands: Digio and DP TradeKING. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital transaction and document management platform is offered for enterprises. | digio.in | |
| Online investments in mutual funds, equity, and IPOs are facilitated. | dptradeking.com |
Employees and EPFO Compliance at Digiotech Solutions Private Limited
Digiotech Solutions Private Limited has a workforce of 56 employees as of Jan 26, 2025.
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.
Group Structure of Digiotech Solutions Private Limited
Digiotech Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Digio Internet Private Limited | U67100KA2021PTC144708 | Locked |
| Cotrust Technologies Private Limited | U72900KA2022PTC162648 | Locked |
Showing major subsidiaries. Total: 2.
News related to Digiotech Solutions Private Limited
Recent Activity on Digiotech Solutions Private Limited
Digiotech Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Abhinav Parashar was appointed as Director on 12 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Digiotech 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 Digiotech 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 Digiotech 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 Digiotech Solutions Private Limited
Digiotech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD6658R1ZN | Karnataka | Active | 01 Jul 2017 |
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 Digiotech 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 Digiotech Solutions Private Limited
Digiotech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 April 2016 (10+ years old) and is registered under CIN U72900KA2016PTC092338.
Digiotech Solutions reported revenue of ₹126.99 Cr for FY 2025 (up 23% YoY).
Digiotech Solutions has 2 current directors:
- Abhinav Parashar - Director
- Sanket Nayak - Director
Digiotech Solutions reported a net profit of ₹50.74 Cr (net margin 40%) and EBITDA of ₹68.78 Cr (EBITDA margin 54.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Digiotech Solutions is 15% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Digiotech Solutions is 29AAFCD6658R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Digiotech Solutions is U72900KA2016PTC092338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digiotech Solutions was incorporated on 12 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Digiotech Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97.55 Cr; the latest was in June 2023.
The peers of Digiotech Solutions by revenue are Gobuyeazzify India Private Limited, Ericsson Enterprise Wireless Solutions India Private Limited, Richa Info Systems Limited, Inspire Brands Global Innovation Center India Private Limited, TNS Infrastructure Technology Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Abhinav Parashar was appointed as Director on 12 Apr 2016. Sanket Nayak was appointed as Director on 12 Apr 2016.