About Gigatude Software Solutions Private Limited
Data last updated:
Gigatude Software Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the technology and IT services sector. It was incorporated on 13 September 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC070408. Its GSTIN is 36AAECG0202D1ZF (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Swathi Lakshmi Ponnekanti and Sai Srinivas Cheemalakonda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Office No. 104 & 105 On 1st Floor Paras Chambers Premises No. 3 – 5 – 890 Himayathnagar, Hyderabad, Telangana, India – 500029.
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is gigatude.com.
CIN History
Gigatude Software Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC070408. The current CIN is U72200TG2010PTC070408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC070408 | Current |
| U72200AP2010PTC070408 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 104 & 105 On 1st Floor Paras Chambers Premises No. 3 – 5 – 890 Himayathnagar, Hyderabad, Telangana, India – 500029
- IndustryInformation Technology, Information Technology Services
- 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
The main business activity of Gigatude Software Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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
Financials of Gigatude Software Solutions Private Limited
FY 2023 filings availableGigatude Software Solutions Private Limited reported revenue of ₹1,209 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 86% over five years. 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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 | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| 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
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2018-19 to FY 2021-22, 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 Gigatude Software Solutions are in the company report.
: available in the company report
Board of Directors of Gigatude Software Solutions Private Limited
Gigatude Software Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swathi Lakshmi Ponnekanti | Director | 15 Mar 2021 | 5 Years 7 Months | As last reported |
| Sai Srinivas Cheemalakonda Also directs: Cosmo Synergy Cloud Technologies Private Limited | Director | 13 Sep 2010 | 16 Years 1 Months | As last reported |
Peer Comparison
Gigatude Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enact Social and Digital Private Limited | ₹1,250 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Rajasa Tech Solutions Private Limited | ₹1,241 (FY 2016) | •••• | •••• | -99.0% | •••• | Hyderabad, Telangana, India |
| Azureiken Technologies Private Limited | ₹1,230 (FY 2024) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Magic Hands Infotech Private Limited | ₹1,230 (FY 2025) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Techrathon Technologies (OPC) Private Limited | ₹1,213 (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Gigatude Software Solutions Private Limited this company | ₹1,209 (FY 2023) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| Vesper Skills Consultancy Private Limited | ₹1,207 (FY 2024) | •••• | •••• | -54.0% | •••• | Delhi, India |
| Inheritx Technolabs Private Limited | ₹1,200 (FY 2025) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
| Gensof Private Limited | ₹1,198 (FY 2025) | •••• | •••• | -43.0% | •••• | Vijayapura, Karnataka, India |
| Stad Technoinnovations Private Limited | ₹1,183 (FY 2020) | •••• | •••• | -98.0% | •••• | Harippad, Kerala, India |
| Beatroot Technologies Private Limited | ₹1,173 (FY 2018) | •••• | •••• | -92.0% | •••• | Hyderabad, Telangana, India |
Peers are the companies nearest to Gigatude Software Solutions by revenue, above and below it, in the same principal business activity (other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Gigatude Software Solutions Private Limited is audited by N SAIBABA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N SAIBABA & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Gigatude Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Gigatude Software Solutions Private Limited has a workforce of 6 employees as of Apr 08, 2024.
: available in the company report
Recent Activity
Gigatude Software Solutions Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Shashidhar Mudigonda ceased to be Director on 18 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Gigatude Software Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECG0202D1ZF | Telangana | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Gigatude Software Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gigatude Software Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in information technology services, within the information technology industry. It was incorporated on 13 September 2010 and is registered under CIN U72200TG2010PTC070408. The company has been struck off by the Registrar of Companies and is no longer operational.
Gigatude Software Solutions had 2 directors:
- Swathi Lakshmi Ponnekanti - Director
- Sai Srinivas Cheemalakonda - Director
The CIN (Corporate Identification Number) of Gigatude Software Solutions is U72200TG2010PTC070408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gigatude Software Solutions is at Office No. 104 & 105 On 1st Floor Paras Chambers Premises No. 3 – 5 – 890 Himayathnagar, Hyderabad, Telangana, India – 500029.
Gigatude Software Solutions was incorporated on 13 September 2010. It is registered with the Registrar of Companies, Hyderabad.
Gigatude Software Solutions can be reached through the website gigatude.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Gigatude Software Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Gigatude Software Solutions is 36AAECG0202D1ZF, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Gigatude Software Solutions operated in the information technology industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Gigatude Software Solutions by revenue are Enact Social and Digital Private Limited, Rajasa Tech Solutions Private Limited, Azureiken Technologies Private Limited, Magic Hands Infotech Private Limited, Techrathon Technologies (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).