About Graymatter Software Services Private Limited
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Graymatter Software Services 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 31 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038346. Its GSTIN is 29AACCG6385M1ZX (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Vikas Kumar Gupta (Managing Director) and Charu Gupta.
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 Rmz Eco World SEZ 4th Floor Deverabiasanahalli Bellandhur (Post) Outer Ring Road, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.8 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Cr (net margin 4.3%) and EBITDA of ₹6.27 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 19% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airport Analytics. As per MCA filings, the company has open charges of ₹72.43 Lakh on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website graymatter.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRmz Eco World SEZ 4th Floor Deverabiasanahalli Bellandhur (Post) Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support 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 of Graymatter Software Services Private Limited
The main business activity of Graymatter Software Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Graymatter Software Services Private Limited FY 2025 filings available
Graymatter Software Services Private Limited reported revenue of ₹60.8 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Graymatter Software Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 43% growth in the latest year. EBITDA rose 47% 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 Graymatter Software Services 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 | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.63 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Graymatter Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Graymatter Software Services 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 Graymatter Software Services Private Limited
Graymatter Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smartdrive Systems (India) Private Limited | ₹62.55 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Style E-Trademark Private Limited | ₹62.05 Cr (FY 2024) | •••• | •••• | 206.0% | •••• | Indore, Madhya Pradesh, India |
| Strattek Consulting Private Limited | ₹61.89 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Hyderabad, Telangana, India |
| Partex.Ai Technology Private Limited | ₹61.68 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Justified Advertising Software Services India Digital Private Limited | ₹61.11 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Graymatter Software Services Private Limited this company | ₹60.8 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Smarterp Consulting Private Limited | ₹60.66 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Roundcircle Technologies Private Limited | ₹60.65 Cr (FY 2025) | •••• | •••• | 575.0% | •••• | Gurgaon, Haryana, India |
| Josh Software Private Limited | ₹60.03 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| Aarav Global Products and Services Private Limited | ₹59.65 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Mumbai, Maharashtra, India |
| Ahasolar Technologies Limited | ₹58.47 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Graymatter Software Services by revenue in the Information Technology industry (Software Services), 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 Graymatter Software Services Private Limited
Graymatter Software Services Private Limited is audited by VENKATESH BHASKAR AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKATESH BHASKAR AND 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 Graymatter Software Services Private Limited
Graymatter Software Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charu Gupta Also directs: Graymatter Technologies Private Limited | Director | 31 Jan 2006 | 20 Years 8 Months | Current |
| Vikas Kumar Gupta Also directs: Graymatter Technologies Private Limited | Managing Director | 31 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Graymatter Software Services 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 Graymatter Software Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2023 | Hdfc Bank Limited | ₹72.43 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Graymatter Software Services Private Limited
Graymatter Software Services Private Limited has 13 court cases on record: 4 filed by Graymatter Software Services, 9 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 0 |
| High courts | 6 | 6 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 13 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.
Associated Brands with Graymatter Software Services Private Limited
Graymatter Software Services operates one associated brand: Airport Analytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers analytics and business intelligence solutions for airports. | airportanalytics.aero |
Employees and EPFO Compliance at Graymatter Software Services Private Limited
Graymatter Software Services Private Limited has a workforce of 139 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.
News related to Graymatter Software Services Private Limited
Recent Activity on Graymatter Software Services Private Limited
Graymatter Software Services Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Lokesh Narasimha ceased to be Director on 17 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Graymatter Software Services 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.
MSME Payment Delays by Graymatter Software Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Graymatter Software Services 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 Graymatter Software Services Private Limited
Graymatter Software Services has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG6385M1ZX | Karnataka | Active | 01 Jul 2017 |
| 29AACCG6385M2ZW | Karnataka | Active | 23 Jun 2023 |
| 29AACCG6385M1C8 | Karnataka | Active | 03 Aug 2023 |
| 06AACCG6385M1Z5 | Haryana | Active | 22 Jun 2024 |
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 Graymatter Software Services 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 Graymatter Software Services Private Limited
Graymatter Software Services 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 31 January 2006 (20+ years old) and is registered under CIN U72200KA2006PTC038346.
Graymatter Software Services reported revenue of ₹60.8 Cr for FY 2025 (up 43% YoY).
Graymatter Software Services has 2 current directors:
- Vikas Kumar Gupta - Managing Director
- Charu Gupta - Director
Graymatter Software Services reported a net profit of ₹2.63 Cr (net margin 4.3%) and EBITDA of ₹6.27 Cr (EBITDA margin 10.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Graymatter Software Services is 49% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Graymatter Software Services is 29AACCG6385M1ZX, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AACCG6385M2ZW (Karnataka), 29AACCG6385M1C8 (Karnataka), 06AACCG6385M1Z5 (Haryana).
The CIN (Corporate Identification Number) of Graymatter Software Services is U72200KA2006PTC038346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Graymatter Software Services has 13 court cases on record: 4 filed by the company and 9 filed against it. Most are in the district courts.
Graymatter Software Services was incorporated on 31 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Graymatter Software Services by revenue are Smartdrive Systems (India) Private Limited, Style E-Trademark Private Limited, Strattek Consulting Private Limited, Partex.Ai Technology Private Limited, Justified Advertising Software Services India Digital Private Limited and 5 more, all in the Information Technology industry (Software Services).
Lokesh Narasimha ceased to be Director on 17 Dec 2015. Charu Gupta was appointed as Director on 31 Jan 2006. Vikas Kumar Gupta was appointed as Managing Director on 31 Jan 2006.