Gieom Business Solutions Private Limited

Gieom Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2008PTC045605 Incorporated 13 March 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹20.53 Cr
▼ 1% YoY
Net loss · FY 2025
₹6.18 Cr
Net margin -30.1%
EBITDA · FY 2025
-₹5.49 Cr
EBITDA margin -26.7%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹1.85 Cr
Issued & subscribed
Open charges
₹2.08 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
70
Provident fund records

About Gieom Business Solutions Private Limited

Data last updated:

Gieom Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bfi Technologies Private Limited. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 13 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC045605. Its GSTIN is 29AABCF2096D1ZQ (Karnataka).

The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹1.85 Cr. It was formerly known as Fasyl Technologies India Private Limitedc and Fasyl Technologies India Private Limited. It is led by directors including Santhosh John Perumpillil (Managing Director) and Vinod Bhaskaran Menon.

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 No. 18 Navami Arcade 4th Floor 3rd Stage 3rd Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹6.18 Cr (net margin -30.1%) and EBITDA of -₹5.49 Cr (EBITDA margin -26.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.

The company has about 70 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: GIEOM. As per MCA filings, the company has open charges of ₹2.08 Cr on record. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹91.4 Lakh; the latest was in September 2018.

Gieom Business Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0032861). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gieom.com.

Company details

CIN U72200KA2008PTC045605
Registration Number 045605
Incorporation Date 13 March 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Bfi Technologies Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0032861

Name history

Gieom Business Solutions has undergone 2 name changes throughout its history. The company was previously known as Fasyl Technologies India Private Limitedc, and Fasyl Technologies India Private Limited. The current legal name is Gieom Business Solutions Private Limited.

Company NameStatus
Gieom Business Solutions Private LimitedCurrent
Fasyl Technologies India Private LimitedcPrevious
Fasyl Technologies India Private LimitedPrevious
Key People
Santhosh John Perumpillil Managing Director Pari Porcko Nominee Director Nikhil Vankamamidi Nominee Director

Recognitions & Rankings of Gieom Business Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0032861

Contact details

Gieom Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is gieom.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gieom.com
  • Social Media
  • Registered Address
    No. 18 Navami Arcade 4th Floor 3rd Stage 3rd Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079
  • Industry
    Information Technology, Cloud Computing & Cloud Services

To see the full contact details of Gieom Business Solutions Private Limited, buy the company report.

Comprehensive company report
Gieom Business Solutions 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

Brands

Gieom Business Solutions operates one associated brand: GIEOM. Each brand links to its own profile.

BrandDescriptionWebsite
GIEOM
Cloud-based software for banking digitization and analytics is provided.gieom.com

Business activity

The main business activity of Gieom Business Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Gieom Business Solutions Private Limited, buy the company report.

Financials of Gieom Business Solutions Private Limited

FY 2024 filings available

Gieom Business Solutions Private Limited reported revenue of ₹20.53 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹20.53 Cr ▼ 1%
Net loss · FY 2025
₹6.18 Cr margin -30.1%
EBITDA · FY 2025
-₹5.49 Cr margin -26.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 360%
3 years · compounded
▼ 71%
5 years · compounded
▼ 51%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 360% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹5.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.18 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-26.7%
Net Profit Margin-30.1%
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 Gieom Business Solutions Private Limited, buy the company report.

Board of directors of Gieom Business Solutions Private Limited

Gieom Business Solutions has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Santhosh John Perumpillil
Also directs: Bfi Technologies LLP, Intenthealth Technologies Private Limited, Billionlives Business Initiatives Private Limited
Managing Director09 May 200917 Years 5 MonthsCurrent
Pari Porcko
Also directs: Carisma Solutions Private Limited
Nominee Director18 Jun 20242 Years 4 MonthsCurrent
Nikhil VankamamidiNominee Director18 Jun 20242 Years 4 MonthsCurrent
Ramanandarao Venkata Kuchimanchi
Also directs: Sevenoaks Growth Partners LLP, K.P.R. Mill Limited, Sagarsoft (India) Limited and 3 more
Nominee Director14 Jun 20242 Years 4 MonthsCurrent
Vinod Bhaskaran Menon
Also directs: SB Menon & Family Foundation
Director03 Aug 20233 Years 3 MonthsCurrent
View all directors

Auditor

Gieom Business Solutions Private Limited is audited by R Bhat & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R Bhat & AssociatesFY 2023225980

Shareholding

The shareholding of Gieom Business Solutions 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 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gieom Business Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.08 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Sep 2016100052584Others₹2.08 CrOpen

To see the full charge records of Gieom Business Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Gieom Business Solutions Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹91.4 Lakh; the latest was in September 2018.

Total deals
7
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹91.4 Lakh

Deals on record (5 of 7)

WhenDealAmountParties
Sep 2018Funding round₹1.1 LakhInvestors: an individual
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Apr 2017Funding round₹13 LakhInvestors: an individual
Mar 2017Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
Sep 2013Secondary share transferUndisclosedBuyer: Bfi Technologies Private Limited
Seller: 2 individuals

To see the full deal history of Gieom Business Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Gieom Business Solutions Private Limited has a workforce of 70 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
70
Active EPFO establishments
1
Employee growth
14.75%

GST

Gieom Business Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCF2096D1ZQKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Gieom Business Solutions Private Limited, buy the company report.

Recent activity

Gieom Business Solutions Private Limited has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Nikhil Vankamamidi was appointed as Nominee Director on 18 Jun 2024.

AGM
Gieom Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Nikhil Vankamamidi was appointed as Nominee Director.
Ceased
Nikhil Vankamamidi ceased to be Additional Director.
Appointed
Pari Porcko was appointed as Nominee Director.
Ceased
Pari Porcko ceased to be Additional Director.
Appointed
Ramanandarao Venkata Kuchimanchi was appointed as Nominee Director.
Ceased
Ramanandarao Venkata Kuchimanchi ceased to be Additional Director.
Filing
Gieom Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 2.08 Cr registered on 02 Sep 2016 with Charge ID 100052584 was modified on 07 Nov 2023.
Ceased
Vinod Bhaskaran Menon ceased to be Additional Director.
Appointed
Vinod Bhaskaran Menon was appointed as Director.
Ceased
Mamatha Rajashekar Shroff ceased to be Director.

9 earlier events are in the company report.

News

Frequently asked questions

Gieom Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 13 March 2008 (18+ years old) and is registered under CIN U72200KA2008PTC045605.

Gieom Business Solutions has 5 current directors:

The latest financial statements of Gieom Business Solutions 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 Gieom Business Solutions is 29AABCF2096D1ZQ, registered in Karnataka.

The CIN (Corporate Identification Number) of Gieom Business Solutions is U72200KA2008PTC045605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gieom Business Solutions was incorporated on 13 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Gieom Business Solutions has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹91.4 Lakh; the latest was in September 2018.

Nikhil Vankamamidi was appointed as Nominee Director on 18 Jun 2024. Nikhil Vankamamidi ceased to be Additional Director on 18 Jun 2024. Pari Porcko was appointed as Nominee Director on 18 Jun 2024. Gieom Business Solutions has 16 board changes on record in total.

Yes, Gieom Business Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0032861).

Gieom Business Solutions can be reached through the website gieom.com. Its registered office is in Bangalore, Karnataka, India.