Greyscaleai India Private Limited

Greyscaleai India Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TS2021FTC210687 Incorporated 24 May 2021 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹95.4 Lakh
▼ 19% YoY
Net profit · FY 2024
₹10.12 Lakh
Net margin 10.6%
EBITDA · FY 2024
₹14.04 Lakh
EBITDA margin 14.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings

About Greyscaleai India Private Limited

Data last updated:

Greyscaleai India Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Greyscaleai, Inc, Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 May 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TS2021FTC210687. Its GSTIN is 29AAJCG0461D1ZS (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Brian Joseph Green and Sri Harsha Mudundi.

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 Hyderabad, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹95.4 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.12 Lakh (net margin 10.6%) and EBITDA of ₹14.04 Lakh (EBITDA margin 14.7%).

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: Greyscale.

For more details, the company can be reached via its website greyscaleai.com.

Company details

CIN U72900TS2021FTC210687
Registration Number 210687
Incorporation Date 24 May 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Greyscaleai, Inc, Usa

CIN history

Greyscaleai India has one previous CIN (Corporate Identification Number): U72900KA2021FTC147800. The current CIN is U72900TS2021FTC210687, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900TS2021FTC210687Current
U72900KA2021FTC147800Previous

Contact details

Greyscaleai India Private Limited's registered office is in Hyderabad, Telangana.

  • Social Media
  • Registered Address
    Sy 11 Wework Krishe Emerald Kondapur Main Road, Laxmi Cyber City Whitefields Serilingampally Mandal, Hyderabad, Telangana, India – 500081
  • Industry
    Information Technology, Application Development & Software Solutions
Comprehensive company report
Greyscaleai India Private Limited - one report that includes everything
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  • 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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Brands

Greyscaleai India operates one associated brand: Greyscale. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of an inspection system for pharmaceutical, food and other packaging productsgreyscaleai.com

Business activity

The main business activity of Greyscaleai India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Greyscaleai India Private Limited, buy the company report.

Financials of Greyscaleai India Private Limited

FY 2025 filings available

Greyscaleai India Private Limited reported revenue of ₹95.4 Lakh (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹95.4 Lakh ▼ 19%
Net profit · FY 2024
₹10.12 Lakh margin 10.6%
EBITDA · FY 2024
₹14.04 Lakh margin 14.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 23%

Revenue fell 19% in the latest year. EBITDA fell 23% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹14.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.12 Lakh
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 2021-22
Profitability
EBITDA Margin14.7%
Net Profit Margin10.6%
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 Greyscaleai India Private Limited, buy the company report.

Board of directors of Greyscaleai India Private Limited

Greyscaleai India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Brian Joseph GreenAdditional Director11 Apr 20251 Years 6 MonthsCurrent
Sri Harsha MudundiAdditional Director25 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Greyscaleai India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Psitech Consultancy Services Private Limited₹95.44 Lakh (FY 2024)388.0%Navi Mumbai, Maharashtra, India
Maktal Technologies Private Limited₹95.43 Lakh (FY 2025)20.0%Mannuthy, Kerala, India
Success Info Solutions Private Limited₹95.43 Lakh (FY 2025)22.0%Kolkata, West Bengal, India
Flat World Interactive Services Private Limited₹95.42 Lakh (FY 2024)31.0%Bangalore, Karnataka, India
Gigame Infotech Solutions Private Limited₹95.41 Lakh (FY 2025)56.0%Madurai, Tamil Nadu, India
Greyscaleai India Private Limitedthis company₹95.4 Lakh (FY 2024)₹10.12 Lakh10.6%-19.0%Hyderabad, Telangana, India
Five Rivers IT Solutions Private Limited₹95.4 Lakh (FY 2024)-19.0%Chandigarh, India
Revoneer Consultancy Services Private Limited₹95.37 Lakh (FY 2024)-13.0%Hyderabad, Telangana, India
Sujarajan Consultancy Private Limited₹95.36 Lakh (FY 2024)-71.0%Chennai, Tamil Nadu, India
Esto Internet Private Limited₹95.35 Lakh (FY 2024)-10.0%Zirakpur, Punjab, India
Stone Ram India Private Limited₹95.34 Lakh (FY 2024)78.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Greyscaleai India Private Limited, buy the company report.

MSME payment delays

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

GST

Greyscaleai India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCG0461D1ZSKarnatakaActive07 Dec 2021

To see the full GST registrations and return filing status of Greyscaleai India Private Limited, buy the company report.

Recent activity

Greyscaleai India Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Paul Steven Kirincich ceased to be Director on 01 May 2025.

AGM
Greyscaleai India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Paul Steven Kirincich ceased to be Director.
Appointed
Brian Joseph Green was appointed as Additional Director.
Filing
Greyscaleai India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Sri Harsha Mudundi was appointed as Additional Director.
Ceased
Girish Guptha Ramachandra Setty ceased to be Additional Director.
Ceased
Kundan Kumar ceased to be Director.
Ceased
Niraj Kumar Rai ceased to be Director.
Appointed
Paul Steven Kirincich was appointed as Director.
Incorporation
24 May 2021
Greyscaleai India Private Limited was registered on 24 May 2021 with Roc Hyderabad & aged 5 years 5 months as per MCA records.

Frequently asked questions

Greyscaleai India is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 May 2021 (5+ years old) and is registered under CIN U72900TS2021FTC210687.

Greyscaleai India has 2 current directors:

The latest financial statements of Greyscaleai India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Greyscaleai India is 29AAJCG0461D1ZS, registered in Karnataka.

The CIN (Corporate Identification Number) of Greyscaleai India is U72900TS2021FTC210687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Greyscaleai India was incorporated on 24 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Greyscaleai India by revenue are Psitech Consultancy Services Private Limited, Maktal Technologies Private Limited, Success Info Solutions Private Limited, Flat World Interactive Services Private Limited, Gigame Infotech Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Paul Steven Kirincich ceased to be Director on 01 May 2025. Brian Joseph Green was appointed as Additional Director on 11 Apr 2025. Sri Harsha Mudundi was appointed as Additional Director on 25 Mar 2025. Greyscaleai India has 7 board changes on record in total.

Greyscaleai India can be reached through the website greyscaleai.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Greyscaleai India is at Sy 11 Wework Krishe Emerald Kondapur Main Road, Laxmi Cyber City Whitefields Serilingampally Mandal, Hyderabad, Telangana, India – 500081.

Greyscaleai India operates in the information technology industry, in the application development and software solutions segment.