GPS IT Solutions Private Limited

GPS IT Solutions Private Limited - software in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U72200AP2015PTC096541 Incorporated 22 April 2015 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company software
Data last updated
Revenue · FY 2024
₹42,547
▼ 95% YoY
Net loss · FY 2024
₹91,307
Net margin -214.6%
EBITDA · FY 2024
-₹91,307
EBITDA margin -214.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About GPS IT Solutions Private Limited

Data last updated:

GPS IT Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 22 April 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2015PTC096541. Its GSTIN is 37AAFCG9468G1Z4 (Andhra Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gavarraju Desetti and Bhasuru Santosh Kumar.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No. 9 – 40 – 10/5 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003.

As per the financials filed for FY 2024, the company reported a revenue of ₹42,547, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹91,307 (net margin -214.6%) and EBITDA of -₹91,307 (EBITDA margin -214.6%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 57% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72200AP2015PTC096541
Registration Number 096541
Incorporation Date 22 April 2015
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

GPS IT Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    H.No. 9 – 40 – 10/5 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003
  • Industry
    Software, Software Publishing, Software Development

To see the full contact details of GPS IT Solutions Private Limited, buy the company report.

Comprehensive company report
GPS IT 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
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Business activity

The main business activity of GPS IT Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

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

Financials of GPS IT Solutions Private Limited

FY 2025 filings available

GPS IT Solutions Private Limited reported revenue of ₹42,547 (down 95% YoY) for FY 2024.

Revenue · FY 2024
₹42,547 ▼ 95%
Net loss · FY 2024
₹91,307 margin -214.6%
EBITDA · FY 2024
-₹91,307 margin -214.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 68%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▼ 156%
3 years · compounded
▲ 38%
5 years · compounded
▼ 79%

Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 95% fall in the latest year. EBITDA fell 156% 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-₹91,307
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹91,307
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 Margin-214.6%
Net Profit Margin-214.6%
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 GPS IT Solutions Private Limited, buy the company report.

Board of directors of GPS IT Solutions Private Limited

GPS IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gavarraju DesettiDirector22 Apr 201511 Years 6 MonthsCurrent
Bhasuru Santosh KumarDirector22 Apr 201511 Years 6 MonthsCurrent

Peer comparison

GPS IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Merecer Melhor Designs Private Limited₹43,000 (FY 2025)-96.0%Mumbai, Maharashtra, India
Hrishikesh Tradevin Private Limited₹43,000 (FY 2025)0.0%Howrah, West Bengal, India
Serene Spaces by Sonashu (OPC) Private Limited₹42,915 (FY 2025)Belgaum, Karnataka, India
Allfine International Private Limited₹42,845 (FY 2025)-47.0%Ahmedabad, Gujarat, India
Pristipure Private Limited₹42,781 (FY 2025)271.0%Gandhinagar, Gujarat, India
GPS IT Solutions Private Limitedthis company₹42,547 (FY 2024)-₹91,307-214.6%-95.0%Visakhapatnam, Andhra Pradesh, India
Getwell Financial Consultants Private Limited₹42,500 (FY 2024)-92.0%Kolkata, West Bengal, India
Beautiful Living Private Limited₹42,500 (FY 2025)Kolkata, West Bengal, India
Hogwarts Life Sciences Private Limited₹42,460 (FY 2024)Sultanpur, Uttar Pradesh, India
Hanuman Promoters and Builders Private Limited₹42,300 (FY 2025)New Delhi, Delhi, India
Estilo Books Private Limited₹42,210 (FY 2025)78.0%Chennai, Tamil Nadu, India

To see the full peer comparison of GPS IT Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

GPS IT Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAFCG9468G1Z4Andhra PradeshActive01 Jul 2017

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

Recent activity

GPS IT Solutions Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Lokeswara Rao Mungandi ceased to be Director on 04 Jul 2016.

AGM
Gps It Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Gps It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Ceased
Lokeswara Rao Mungandi ceased to be Director.
Appointed
Bhasuru Santosh Kumar was appointed as Director.
Appointed
Gavarraju Desetti was appointed as Director.
Incorporation
22 Apr 2015
Gps It Solutions Private Limited was registered on 22 Apr 2015 with Roc Vijayawada & aged 11 years 6 months as per MCA records.

Frequently asked questions

GPS IT Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in software publishing, within the software industry. It was incorporated on 22 April 2015 (11+ years old) and is registered under CIN U72200AP2015PTC096541.

GPS IT Solutions has 2 current directors:

The latest financial statements of GPS IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of GPS IT Solutions is 37AAFCG9468G1Z4, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of GPS IT Solutions is U72200AP2015PTC096541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

GPS IT Solutions was incorporated on 22 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of GPS IT Solutions by revenue are Merecer Melhor Designs Private Limited, Hrishikesh Tradevin Private Limited, Serene Spaces by Sonashu (OPC) Private Limited, Allfine International Private Limited, Pristipure Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).

Lokeswara Rao Mungandi ceased to be Director on 04 Jul 2016. Bhasuru Santosh Kumar was appointed as Director on 22 Apr 2015. Gavarraju Desetti was appointed as Director on 22 Apr 2015.

The registered office of GPS IT Solutions is at H.No. 9 – 40 – 105 Pitapuram Colony Maddilapalem, Visakhapatnam, Andhra Pradesh, India – 530003.

GPS IT Solutions operates in the software industry, in the software publishing segment.

The compliance status of GPS IT Solutions is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.