Globaltass IT Business Solutions Private Limited
About Globaltass IT Business Solutions Private Limited
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Globaltass IT Business Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 13 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC095267.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Varada Rajulu Peesa and Srinivasa Rao Veeramachaneni.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.5 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹13,556 (net margin -9%) and EBITDA of -₹4,235 (EBITDA margin -2.8%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Globaltass IT Business Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressH No. 2 – 136/138 Plot No. 538 4th Floor Krishna Heights Ayyappa Society Madhap, Ur, Hyderabad, Telangana, India – 500081
- IndustrySoftware, Software Development, Software Publishing
- 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
Business activity
The main business activity of Globaltass IT Business Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Globaltass IT Business Solutions Private Limited, buy the company report.
Financials of Globaltass IT Business Solutions Private Limited
FY 2017 filings availableGlobaltass IT Business Solutions Private Limited reported revenue of ₹1.5 Lakh (up 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year. EBITDA fell 162% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4,235 | ||
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| Net Profit (PAT) | -₹13,556 | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||
| EBITDA Margin | -2.8% | ||
| Net Profit Margin | -9% | ||
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To see the full financial statements and ratios of Globaltass IT Business Solutions Private Limited, buy the company report.
Board of directors of Globaltass IT Business Solutions Private Limited
Globaltass IT Business Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yadavalli Manikumar | Additional Director | 16 Apr 2019 | 7 Years 6 Months | Current |
| Varada Rajulu Peesa | Director | 13 Aug 2014 | 12 Years 3 Months | Current |
| Srinivasa Rao Veeramachaneni | Director | 13 Aug 2014 | 12 Years 3 Months | Current |
Peer comparison
Globaltass IT Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhibar's and Sons Private Limited | ₹1.5 Lakh (FY 2020) | Kolkata, West Bengal, India | ||||
| Redbush Technologies Private Limited | ₹1.5 Lakh (FY 2022) | 12.0% | Gurgaon, Haryana, India | |||
| Purplescape Private Limited | ₹1.5 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Globaltass IT Business Solutions Private Limitedthis company | ₹1.5 Lakh (FY 2017) | -₹13,556 | -9% | 20.0% | Hyderabad, Telangana, India | |
| Reigate Infosystems Private Limited | ₹1.5 Lakh (FY 2018) | -15.0% | Bilaspur, Chhattisgarh, India | |||
| Crystaltech Services Private Limited | ₹1.5 Lakh (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Sr Ed Link IT Services Private Limited | ₹1.5 Lakh (FY 2025) | -79.0% | Delhi, India | |||
| Techotree Technologies (OPC) Private Limited | ₹1.5 Lakh (FY 2018) | Hyderabad, Telangana, India | ||||
| Xlott Software Private Limited | ₹1.5 Lakh (FY 2019) | -87.0% | New Delhi, Delhi, India | |||
| Recruitxa Tech Solutions Private Limited | ₹1.5 Lakh (FY 2024) | -82.0% | Bangalore, Karnataka, India | |||
| Breadth-First Technologies Private Limited | ₹1.49 Lakh (FY 2019) | Perumbakkam, Tamil Nadu, India |
To see the full peer comparison of Globaltass IT Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Globaltass IT Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globaltass IT Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Globaltass IT Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Globaltass IT Business Solutions Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Yadavalli Manikumar was appointed as Additional Director on 16 Apr 2019.
Frequently asked questions
Globaltass IT Business Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development, within the software industry. It was incorporated on 13 August 2014 (12+ years old) and is registered under CIN U72200TG2014PTC095267.
Globaltass IT Business Solutions has 3 current directors:
- Yadavalli Manikumar - Additional Director
- Varada Rajulu Peesa - Director
- Srinivasa Rao Veeramachaneni - Director
The latest financial statements of Globaltass IT Business Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Globaltass IT Business Solutions is U72200TG2014PTC095267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globaltass IT Business Solutions was incorporated on 13 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Globaltass IT Business Solutions by revenue are Dhibar's and Sons Private Limited, Redbush Technologies Private Limited, Purplescape Private Limited, Reigate Infosystems Private Limited, Crystaltech Services Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Yadavalli Manikumar was appointed as Additional Director on 16 Apr 2019. Sreevani Tubati ceased to be Director on 11 Jul 2017. Srinivasa Rao Veeramachaneni was appointed as Director on 13 Aug 2014. Globaltass IT Business Solutions has 4 board changes on record in total.
The registered office of Globaltass IT Business Solutions is at H No. 2 – 136138 Plot No. 538 4th Floor Krishna Heights Ayyappa Society Madhap, Ur, Hyderabad, Telangana, India – 500081.
Globaltass IT Business Solutions operates in the software industry, in the software development segment.
The compliance status of Globaltass IT Business Solutions is active non-compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.
Globaltass IT Business Solutions can be reached at its registered office: H No. 2 – 136138 Plot No. 538 4th Floor Krishna Heights Ayyappa Society Madhap, Ur, Hyderabad, Telangana, India – 500081.
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