Garuda Support Services Private Limited

Garuda Support Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2008PTC184482 Incorporated 10 July 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹3.71 Cr
▲ 164% YoY
Net profit · FY 2024
₹10.02 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹15.06 Lakh
EBITDA margin 4.1%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹55 Lakh
Issued & subscribed
Open charges
₹6.27 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
26
Provident fund records

About Garuda Support Services Private Limited

Data last updated:

Garuda Support Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2008PTC184482. Its GSTIN is 27AADCG2016L1ZQ (Maharashtra).

The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It was formerly known as Geruda Support Services Private Limited and Geruda Catering Company Private Limited. It is led by directors Ramanna Chennappa Poojary and Velmurugan Muniyandi.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.02 Lakh (net margin 2.7%) and EBITDA of ₹15.06 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.

The company has about 26 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.27 Cr on record. Court records list 23 cases involving the company, including 5 filed by the company and 18 filed against it; 2 cases are pending.

Garuda Support Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0016239). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garudasspl.com.

Company details

CIN U74120MH2008PTC184482
Registration Number 184482
Incorporation Date 10 July 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0016239

Name history

Garuda Support Services has undergone 2 name changes throughout its history. The company was previously known as Geruda Support Services Private Limited, and Geruda Catering Company Private Limited. The current legal name is Garuda Support Services Private Limited.

Company NameStatus
Garuda Support Services Private LimitedCurrent
Geruda Support Services Private LimitedPrevious
Geruda Catering Company Private LimitedPrevious

CIN history

Garuda Support Services has one previous CIN (Corporate Identification Number): U55203MH2008PTC184482. The current CIN is U74120MH2008PTC184482, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74120MH2008PTC184482Current
U55203MH2008PTC184482Previous

Recognitions & Rankings of Garuda Support Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0016239

Contact details

Garuda Support Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is garudasspl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    12 Dimple Arcade Basement Asha Nagar Off. W. E. Highway Thakur Complex Kand, Ivali East, Mumbai, Maharashtra, India – 400101
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Garuda Support Services Private Limited, buy the company report.

Comprehensive company report
Garuda Support Services 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 Garuda Support Services is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Garuda Support Services Private Limited, buy the company report.

Financials of Garuda Support Services Private Limited

FY 2024 filings available

Garuda Support Services Private Limited reported revenue of ₹3.71 Cr (up 164% YoY) for FY 2024.

Revenue · FY 2024
₹3.71 Cr ▲ 164%
Net profit · FY 2024
₹10.02 Lakh margin 2.7%
EBITDA · FY 2024
₹15.06 Lakh margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 164%
3 years · compounded
▼ 1%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 28%
5 years · compounded
▲ 19%

Revenue rose 164% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 109% 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₹15.06 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.02 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.1%
Net Profit Margin2.7%
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 Garuda Support Services Private Limited, buy the company report.

Board of directors of Garuda Support Services Private Limited

Garuda Support Services has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Velmurugan MuniyandiAdditional Director06 Mar 20233 Years 8 MonthsCurrent
Ramanna Chennappa PoojaryDirector24 Jul 200818 Years 3 MonthsCurrent

Auditor

Garuda Support Services Private Limited is audited by RPSP & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RPSP & AssociatesFY 2023148876W

Shareholding

The shareholding of Garuda Support Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Garuda Support Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.27 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India₹5.67 Cr
Bank of Maharashtra₹0.45 Cr
Sarvodaya Co-Op. Bank Ltd.₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Sep 201210380140Union Bank of India₹66.87 LakhOpen
18 Dec 200810141790Union Bank of India₹5 CrOpen
30 Nov 200710087974Bank of Maharashtra₹45 LakhOpen
16 Nov 200590354265Sarvodaya Co-Op. Bank Ltd.₹15 LakhOpen

To see the full charge records of Garuda Support Services Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

Employees & EPFO

Garuda Support Services Private Limited has a workforce of 26 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
26
Active EPFO establishments
1

GST

Garuda Support Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCG2016L1ZQMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Garuda Support Services Private Limited, buy the company report.

Recent activity

Garuda Support Services Private Limited has 17 board changes on record since 2008: 2 appointments and 15 cessations. The latest: Velmurugan Muniyandi was appointed as Additional Director on 06 Mar 2023.

AGM
Garuda Support Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Garuda Support Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Velmurugan Muniyandi was appointed as Additional Director.
Ceased
Narendra Ravidutt Sharma ceased to be Director.
Ceased
Lala Sitaram Dhaygude ceased to be Additional Director.
Ceased
Gajendra Singh ceased to be Director.
Ceased
Satyaprasad Kulanand Bhatt ceased to be Director.
Ceased
Dhrumil Jayesh Parekh ceased to be Director.
Ceased
Jayeshbhai Harsukhbhai Parekh ceased to be Director.
Ceased
Nishant Baneshwarprasad Singh ceased to be Director.
Charges
A charge with Union Bank Of India of Rs. 500.00 Lakh registered on 18 Dec 2008 with Charge ID 10141790 was modified on 07 Feb 2014.
Ceased
Pankaj Kumar Tyagi ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

Garuda Support Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2008 (18+ years old) and is registered under CIN U74120MH2008PTC184482.

Garuda Support Services has 2 current directors:

The latest financial statements of Garuda Support 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 Garuda Support Services is 27AADCG2016L1ZQ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Garuda Support Services is U74120MH2008PTC184482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Garuda Support Services has 23 court cases on record: 5 filed by the company and 18 filed against it. 2 are pending. Most are in the high courts.

Garuda Support Services was incorporated on 10 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Velmurugan Muniyandi was appointed as Additional Director on 06 Mar 2023. Narendra Ravidutt Sharma ceased to be Director on 02 May 2019. Lala Sitaram Dhaygude ceased to be Additional Director on 25 Aug 2018. Garuda Support Services has 17 board changes on record in total.

Yes, Garuda Support Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0016239).

Garuda Support Services can be reached through the website garudasspl.com. Its registered office is in Mumbai, Maharashtra, India.