MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0000842
Elpis Systems India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.29 Cr
▲ 42% YoY
Net profit · FY 2025
₹8.15 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹12.66 Lakh
EBITDA margin 3.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
31
Provident fund records
Directors on board
2
As per MCA filings
About Elpis Systems India Private Limited
Data last updated:
Elpis Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC109111. Its GSTIN is 29AAECE8969M1ZN (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Basavaraju Siddamallappa (Managing Director) and Sairabanu Hirehal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.29 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹8.15 Lakh (net margin 2.5%) and EBITDA of ₹12.66 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
Elpis Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0000842). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elpissystem.com.
Company details
CIN U72900KA2018PTC109111
Registration Number 109111
Incorporation Date 02 January 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0000842
Recognitions & Rankings of Elpis Systems India
Contact details
Elpis Systems India Private Limited's registered office is in Bangalore, Karnataka. Its website is elpissystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 408 3rd Floor Prestige Plaza No. 1B P M Layout Yelahanka Main Road Next To Mother Dairy, Chikkabommasandra, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, IT Consulting & Support Services, Web Design & Maintenance Services
To see the full contact details of Elpis Systems India Private Limited, buy the company report.
Comprehensive company report
Elpis Systems India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elpis Systems India 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 Elpis Systems India Private Limited, buy the company report.
Financials of Elpis Systems India Private Limited
FY 2025 filings availableElpis Systems India Private Limited reported revenue of ₹3.29 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹3.29 Cr ▲ 42%
Net profit · FY 2025
₹8.15 Lakh margin 2.5%
EBITDA · FY 2025
₹12.66 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 24%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 30%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 42% growth in the latest year. EBITDA rose 192% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.66 Lakh | ||||
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| Net Profit (PAT) | ₹8.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Elpis Systems India Private Limited, buy the company report.
Board of directors of Elpis Systems India Private Limited
Elpis Systems India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sairabanu Hirehal Also directs: Wincent Technologies India Private Limited | Director | 02 Jan 2018 | 8 Years 9 Months | Current |
| Basavaraju Siddamallappa | Managing Director | 02 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Elpis Systems India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance), with 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 |
|---|---|---|---|---|---|---|
| Cypherox Technologies Private Limited | ₹3.3 Cr (FY 2023) | 29.0% | Rajkot, Gujarat, India | |||
| Elpis Systems India Private Limitedthis company | ₹3.29 Cr (FY 2025) | ₹8.15 Lakh | 2.5% | 42.0% | 31 | Bangalore, Karnataka, India |
| Geeyae Systems Private Limited | ₹3.26 Cr (FY 2025) | 22.0% | Thiruvananthapuram, Kerala, India | |||
| Yrhost Solutions Private Limited | ₹3.22 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Elpis Systems India Private Limited, buy the company report.
Auditor
Elpis Systems India Private Limited is audited by VMV & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VMV & Associates | FY 2022 | 014833S |
Shareholding
The shareholding of Elpis Systems India Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Elpis Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elpis Systems India 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 Elpis Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elpis Systems India Private Limited has a workforce of 31 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
6.9%
GST
Elpis Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE8969M1ZN | Karnataka | Active | 21 May 2018 |
To see the full GST registrations and return filing status of Elpis Systems India Private Limited, buy the company report.
Recent activity
Elpis Systems India Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Arun D Kumar ceased to be Director on 30 Aug 2019.
AGM
Elpis Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elpis Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Arun D Kumar ceased to be Director.
Ceased
Dhruva Gopal Kumar ceased to be Director.
Ceased
Basavaraju Siddamallappa ceased to be Director.
Ceased
Ravishankar Gollapinny Seshappa ceased to be Director.
Appointed
Basavaraju Siddamallappa was appointed as Managing Director.
Appointed
Sairabanu Hirehal was appointed as Director.
Incorporation
02 Jan 2018
Elpis Systems India Private Limited was registered on 02 Jan 2018 with Roc Bangalore & aged 8 years 9 months as per MCA records.
Frequently asked questions
Elpis Systems India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 January 2018 (8+ years old) and is registered under CIN U72900KA2018PTC109111.
Elpis Systems India has 2 current directors:
- Basavaraju Siddamallappa - Managing Director
- Sairabanu Hirehal - Director
The latest financial statements of Elpis Systems India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Elpis Systems India is 29AAECE8969M1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Elpis Systems India is U72900KA2018PTC109111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elpis Systems India was incorporated on 02 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elpis Systems India by revenue are Cypherox Technologies Private Limited, Geeyae Systems Private Limited, Yrhost Solutions Private Limited, all in the Information Technology industry (Website Design and Maintenance), with the same principal business activity (computer programming, consultancy and related activities).
Arun D Kumar ceased to be Director on 30 Aug 2019. Dhruva Gopal Kumar ceased to be Director on 30 Aug 2019. Basavaraju Siddamallappa ceased to be Director on 29 Aug 2019. Elpis Systems India has 6 board changes on record in total.
Yes, Elpis Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0000842).
Elpis Systems India can be reached through the website elpissystem.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Elpis Systems India is at Unit No 408 3rd Floor Prestige Plaza No. 1B P M Layout Yelahanka Main Road Next To Mother Dairy, Chikkabommasandra, Bangalore, Karnataka, India – 560064.