About Elegance Global IT Services Private Limited
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Elegance Global IT Services 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 13 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC095967. Its GSTIN is 36AADCE7809B1ZV (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kumar Bille Prasanna and Veena Bhangi.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹37.75 Lakh (net margin -268.6%) and EBITDA of -₹37.63 Lakh (EBITDA margin -267.7%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eleganceglobal.com.
Company details
Contact details
Elegance Global IT Services Private Limited's registered office is in Hyderabad, Telangana. Its website is eleganceglobal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address6 – 1 – 1076 Second Floor, Noori Square Building, Hyderabad, Telangana, India – 500004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elegance Global IT Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Elegance Global IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Elegance Global IT Services Private Limited, buy the company report.
Financials of Elegance Global IT Services Private Limited
FY 2024 filings availableElegance Global IT Services Private Limited reported revenue of ₹14.06 Lakh (up 157% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 157% growth in the latest year. EBITDA fell 89% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹37.63 Lakh | ||||
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| Net Profit (PAT) | -₹37.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -267.7% | ||||
| Net Profit Margin | -268.6% | ||||
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To see the full financial statements and ratios of Elegance Global IT Services Private Limited, buy the company report.
Board of directors of Elegance Global IT Services Private Limited
Elegance Global IT Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Bille Prasanna | Director | 13 Oct 2014 | 12 Years 0 Months | Current |
| Veena Bhangi | Director | 13 Oct 2014 | 12 Years 0 Months | Current |
| Nata Raju Bille | Director | 21 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Elegance Global IT Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trophyroom Entertainment India Private Limited | ₹14.06 Lakh (FY 2024) | Delhi, India | ||||
| Toolstr Private Limited | ₹14.06 Lakh (FY 2025) | -6.0% | Ranchi, Jharkhand, India | |||
| Websorbz Private Limited | ₹14.06 Lakh (FY 2024) | -27.0% | Kollam, Kerala, India | |||
| Dot Logic Web Solutions Private Limited | ₹14.06 Lakh (FY 2024) | -30.0% | Telangana, India | |||
| Elegance Global IT Services Private Limitedthis company | ₹14.06 Lakh (FY 2023) | -₹37.75 Lakh | -268.6% | 157.0% | Hyderabad, Telangana, India | |
| Jaazwa Consultancy Services Private Limited | ₹14.06 Lakh (FY 2025) | -42.0% | Kota, Rajasthan, India | |||
| Zed-Axis Technologies Private Limited | ₹14.06 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Wepropel India Private Limited | ₹14.06 Lakh (FY 2023) | 904.0% | Pune, Maharashtra, India | |||
| Goutams Technoware Solutions Private Limited | ₹14.05 Lakh (FY 2024) | 127.0% | Bhubaneswar, Odisha, India | |||
| Geek Technologies Private Limited | ₹14.05 Lakh (FY 2017) | 165.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Elegance Global IT Services Private Limited, buy the company report.
Auditor
Elegance Global IT Services Private Limited is audited by MATHAMSETTI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATHAMSETTI & ASSOCIATES | FY 2018 | 013252S |
Shareholding
The shareholding of Elegance Global IT Services 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 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Elegance Global IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elegance Global IT Services 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 Elegance Global IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elegance Global IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCE7809B1ZV | Telangana | Active | 24 Dec 2018 |
To see the full GST registrations and return filing status of Elegance Global IT Services Private Limited, buy the company report.
Recent activity
Elegance Global IT Services Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Nata Raju Bille ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Elegance Global IT Services 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 13 October 2014 (12+ years old) and is registered under CIN U72200TG2014PTC095967.
Elegance Global IT Services has 3 current directors:
- Kumar Bille Prasanna - Director
- Veena Bhangi - Director
- Nata Raju Bille - Director
The latest financial statements of Elegance Global IT Services 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.
The GSTIN of Elegance Global IT Services is 36AADCE7809B1ZV, registered in Telangana.
The CIN (Corporate Identification Number) of Elegance Global IT Services is U72200TG2014PTC095967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegance Global IT Services was incorporated on 13 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Elegance Global IT Services by revenue are Trophyroom Entertainment India Private Limited, Toolstr Private Limited, Websorbz Private Limited, Dot Logic Web Solutions Private Limited, Jaazwa Consultancy Services Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Nata Raju Bille ceased to be Additional Director on 29 Sep 2024. Nata Raju Bille was appointed as Director on 21 May 2024. Kumar Bille Prasanna was appointed as Director on 13 Oct 2014. Elegance Global IT Services has 4 board changes on record in total.
Elegance Global IT Services can be reached through the website eleganceglobal.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Elegance Global IT Services is at 6 – 1 – 1076 Second Floor, Noori Square Building, Hyderabad, Telangana, India – 500004.
Elegance Global IT Services operates in the information technology industry, in the application development and software solutions segment.
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