About Genesis IT Innovations Private Limited
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Genesis IT Innovations 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 27 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026776. Its GSTIN is 29AABCG1365Q1Z4 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.31 Cr. It was formerly known as Genesis It Innovations Limited. It is led by directors including Parthasarathy Madhiraju and Prateek Madhiraju.
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 No. 17 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.84 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.69 Cr (net margin 4.5%) and EBITDA of ₹8.51 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Genesis IT Innovations. As per MCA filings, the company has open charges of ₹29.68 Cr and satisfied charges of ₹23.66 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2019. Its 10 peer companies in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is P I T Solutions Limited with revenue of ₹106.04 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gitil.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 17 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560052
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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 Genesis IT Innovations Private Limited
The main business activities of Genesis IT Innovations are trade and support service to organizations. In detail, this covers wholesale trading and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. 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 Genesis IT Innovations Private Limited FY 2025 filings available
Genesis IT Innovations Private Limited reported revenue of ₹104.84 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Genesis IT Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 34% growth in the latest year. EBITDA rose 15% 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 Genesis IT Innovations 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 | ₹104.84 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.69 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 Genesis IT Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Genesis IT Innovations 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 Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P I T Solutions Limited | ₹106.04 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Thiruvananthapuram, Kerala, India |
| Vedavaag Systems Limited Listed | ₹105.93 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Hyderabad, Telangana, India |
| Silverskills Private Limited | ₹105.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Krones India Private Limited | ₹105.07 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Abm Knowledgeware Limited Listed | ₹104.84 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Genesis IT Innovations Private Limited this company | ₹104.84 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Integrated Wireless Solutions Private Limited | ₹104.8 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Topsource Infotech Solutions Private Limited | ₹104.76 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | Pune, Maharashtra, India |
| Innefu Labs Limited | ₹104.71 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | New Delhi, Delhi, India |
| Zebion Infotech Limited | ₹104.63 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Bodhtree Consulting Limited | ₹104.19 Cr (FY 2022) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Genesis IT Innovations by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited is audited by GUNASHEELA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUNASHEELA & ASSOCIATES | 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 Genesis IT Innovations Private Limited
Genesis IT Innovations has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthasarathy Madhiraju Also directs: Skartio AI Cloud Private Limited | Director | 04 Nov 2006 | 19 Years 11 Months | Current |
| Prateek Madhiraju | Director | 24 Feb 2020 | 6 Years 7 Months | Current |
| Uma Raju Also directs: Hofc Private Limited, Tall Exit Ventures Private Limited | Director | 22 Jul 2009 | 17 Years 2 Months | Current |
Ownership and Shareholding of Genesis IT Innovations 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 Genesis IT Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2025 | Others | ₹6.7 Cr | Open |
| 17 Oct 2022 | Axis Bank Limited | ₹80 Lakh | Open |
| 17 Jun 2022 | Others | ₹10 Lakh | Open |
| 25 Mar 2015 | State Bank of India | ₹14.58 Cr | Open |
| 20 Nov 2009 | State Bank of Mysore | ₹7.5 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 3 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.
Legal Cases of Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited has 18 court cases on record: 12 filed by Genesis IT Innovations, 1 filed against it, 5 where it is another party. 2 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 0 |
| District courts | 7 | 0 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Isdc Services India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Isdc Services India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Isdc Services India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Revision petition | Filed by the company against Unknown | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Nvincy Solutions Private Limited | •••• | •••• | •••• |
| Pro Radio Networks LLP | •••• | •••• | •••• |
| Pas Freight Service | •••• | •••• | •••• |
| Exodus Information Technology Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Genesis IT Innovations Private Limited
Genesis IT Innovations operates one associated brand: Genesis IT Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive brand and digital display services for businesses. | gitil.com |
Employees and EPFO Compliance at Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited has a workforce of 128 employees as of Apr 04, 2024.
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.
CIN History of Genesis IT Innovations Private Limited
Genesis IT Innovations has one previous CIN (Corporate Identification Number): U72200KA2000PLC026776. The current CIN is U72200KA2000PTC026776, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2000PTC026776 | Current |
| U72200KA2000PLC026776 | Previous |
News related to Genesis IT Innovations Private Limited
Recent Activity on Genesis IT Innovations Private Limited
Genesis IT Innovations Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Prateek Madhiraju ceased to be Additional Director on 31 Dec 2020.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Genesis IT Innovations 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.
Subsidiaries & Group Companies of Genesis IT Innovations 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 Genesis IT Innovations Private Limited
Genesis IT Innovations has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG1365Q1Z4 | Karnataka | Active | 01 Jul 2017 |
| 27AABCG1365Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCG1365Q1ZF | Tamil Nadu | 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 Genesis IT Innovations 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 Genesis IT Innovations Private Limited
Genesis IT Innovations 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 27 March 2000 (26+ years old) and is registered under CIN U72200KA2000PTC026776.
Genesis IT Innovations reported revenue of ₹104.84 Cr for FY 2025 (up 34% YoY).
Genesis IT Innovations has 3 current directors:
- Parthasarathy Madhiraju - Director
- Prateek Madhiraju - Director
- Uma Raju - Director
Genesis IT Innovations reported a net profit of ₹4.69 Cr (net margin 4.5%) and EBITDA of ₹8.51 Cr (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Genesis IT Innovations is 33% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Genesis IT Innovations is 29AABCG1365Q1Z4, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCG1365Q1Z8 (Maharashtra), 33AABCG1365Q1ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Genesis IT Innovations is U72200KA2000PTC026776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genesis IT Innovations has 18 court cases on record: 12 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Genesis IT Innovations was incorporated on 27 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Genesis IT Innovations has 3 deals on record (3 secondary share transfers); the latest was in March 2019.
The peers of Genesis IT Innovations by revenue are P I T Solutions Limited, Vedavaag Systems Limited, Silverskills Private Limited, Krones India Private Limited, Abm Knowledgeware Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution).
Prateek Madhiraju ceased to be Additional Director on 31 Dec 2020. Shylakumar Balu ceased to be Director on 27 Feb 2020. Prateek Madhiraju was appointed as Director on 24 Feb 2020. Genesis IT Innovations has 7 board changes on record in total.