
About G2evolution Private Limited
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G2evolution Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 29 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC065619. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Kumar Dash and Suchitra Dash.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sy No 43 4th Floor Sgr Plaza Vathur Main Road Marathahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2019, the company reported a revenue of ₹23.02 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹9.72 Lakh (net margin -42.2%) and EBITDA of -₹8.63 Lakh (EBITDA margin -37.5%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 2% over five years.
The company is associated with 1 brand: G2 Evolution.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website g2evolution.co.in.
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- Website
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- Registered AddressSy No 43 4th Floor Sgr Plaza Vathur Main Road Marathahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Web Design & Maintenance Services, 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 G2evolution Private Limited
The main business activity of G2evolution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 G2evolution Private Limited FY 2019 filings available
G2evolution Private Limited reported revenue of ₹23.02 Lakh (up 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of G2evolution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 13% growth in the latest year. EBITDA fell 166% 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 G2evolution Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹23.02 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.72 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of G2evolution Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42.2% | •••• | •••• | •••• | •••• |
| 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 G2evolution are in the company report.
Financial statements from 2015
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 G2evolution Private Limited
G2evolution Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinijith Apps & Technologies Private Limited | ₹23.69 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Gobichettipalayam, Tamil Nadu, India |
| Aneira Technologies Private Limited | ₹23.42 Lakh (FY 2020) | •••• | •••• | 29.0% | •••• | Indrapuram, Uttar Pradesh, India |
| Infinix IT Solution Private Limited | ₹23.39 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Forestallers Technologies Private Limited | ₹23.25 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Saharanpur, Uttar Pradesh, India |
| Luminifi Designs Private Limited | ₹23.23 Lakh (FY 2024) | •••• | •••• | 154.0% | •••• | Bengaluru, Karnataka, India |
| G2evolution Private Limited this company | ₹23.02 Lakh (FY 2019) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Dreams International Infosoft Solutions Private Limited | ₹22.98 Lakh (FY 2024) | •••• | •••• | 124.0% | •••• | Pune, Maharashtra, India |
| Digitallogics Hi-Tech Solutions Private Limited | ₹22.96 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Delhi, India |
| Corehub Solutions Private Limited | ₹22.92 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | Mananthavady, Kerala, India |
| Code Accelerator Private Limited | ₹22.88 Lakh (FY 2022) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| SVP Immigration Private Limited | ₹22.77 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below G2evolution by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of G2evolution Private Limited
G2evolution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Dash Also directs: Rmeex Pharmaceutical Private Limited | Director | 29 Aug 2012 | 14 Years 1 Months | Current |
| Suchitra Dash | Director | 29 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of G2evolution 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 G2evolution Private Limited
G2evolution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with G2evolution Private Limited
G2evolution operates one associated brand: G2 Evolution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mobile and web application development services based in Bengaluru. | g2evolution.co.in |
Employees and EPFO Compliance at G2evolution Private Limited
Employment history and EPFO contributions of people linked to G2evolution.
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 G2evolution Private Limited
G2evolution Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Induprava Behera ceased to be Director on 04 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for G2evolution 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 G2evolution 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 G2evolution 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 G2evolution Private Limited
G2evolution has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 G2evolution 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 G2evolution Private Limited
G2evolution is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 29 August 2012 (14+ years old) and is registered under CIN U72200KA2012PTC065619.
G2evolution reported revenue of ₹23.02 Lakh for FY 2019 (up 13% YoY).
G2evolution has 2 current directors:
- Rajesh Kumar Dash - Director
- Suchitra Dash - Director
G2evolution reported a net loss of ₹9.72 Lakh (net margin -42.2%) and EBITDA of -₹8.63 Lakh (EBITDA margin -37.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of G2evolution is 36% over three years and 2% over five years. In the latest year (FY 2019) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
No. G2evolution has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of G2evolution is U72200KA2012PTC065619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G2evolution was incorporated on 29 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of G2evolution by revenue are Infinijith Apps & Technologies Private Limited, Aneira Technologies Private Limited, Infinix IT Solution Private Limited, Forestallers Technologies Private Limited, Luminifi Designs Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Induprava Behera ceased to be Director on 04 Dec 2017. Rajesh Mohakud ceased to be Director on 04 Dec 2017. Rajesh Kumar Dash was appointed as Director on 29 Aug 2012. G2evolution has 4 board changes on record in total.
G2evolution can be reached through the website g2evolution.co.in. Its registered office is in Bangalore, Karnataka, India.