MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0050939
Greytip Software Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹123.31 Cr
▲ 29% YoY
Net loss · FY 2025
₹15.01 Cr
Net margin -12.2%
EBITDA · FY 2025
-₹20.34 Cr
EBITDA margin -16.5%
Authorised capital
₹6.81 Cr
Registered with MCA
Paid-up capital
₹5.19 Cr
Issued & subscribed
Satisfied charges
₹7.39 Cr
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
773
Provident fund records
About Greytip Software Private Limited
Data last updated:
Greytip Software Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1994PTC016628. Its GSTIN is 29AAACD5289K1Z5 (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.81 Cr and a paid-up capital of ₹5.19 Cr. It was formerly known as Delphi Software and Information Technology Private Limited. It is led by directors including Girish Rowjee (Whole-Time Director) and Ahmed Sayeed Anjum.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nos.29 & 30 Grape Garden 17th H Main 6th Block Koramangala, Bengaluru, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.31 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹15.01 Cr (net margin -12.2%) and EBITDA of -₹20.34 Cr (EBITDA margin -16.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
The company has about 773 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: greytHR and GreytHR. As per MCA filings, the company has satisfied charges of ₹7.39 Cr on record. The company has 13 deals on record (8 funding rounds, 2 secondary share transfers, 2 debt financings), with disclosed funding of ₹348.07 Cr; the latest was in September 2024. Its 4 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Customerxps Software Private Limited with revenue of ₹126.3 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers.
Greytip Software Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050939). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greytip.com.
Company details
CIN U72200KA1994PTC016628
Registration Number 016628
Incorporation Date 29 November 1994
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0050939
Key People
Girish Rowjee Whole-Time Director Ahmed Sayeed Anjum Director Mark John Selwyn Beith Nominee Director Recognitions & Rankings of Greytip Software
Contact details
Greytip Software Private Limited's registered office is in Bengaluru, Karnataka. Its website is greytip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNos.29 & 30 Grape Garden 17th H Main 6th Block Koramangala, Bengaluru, Karnataka, India – 560095
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Greytip Software Private Limited, buy the company report.
Comprehensive company report
Greytip Software 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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Brands
Greytip Software operates two associated brands: greytHR and GreytHR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based HRMS and payroll software solutions are provided. | greythr.com | |
| Cloud-based HRMS and payroll software solutions for business operations. | greytip.com |
Business activity
The main business activity of Greytip Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Greytip Software Private Limited, buy the company report.
Financials of Greytip Software Private Limited
FY 2025 filings availableGreytip Software Private Limited reported revenue of ₹123.31 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹123.31 Cr ▲ 29%
Net loss · FY 2025
₹15.01 Cr margin -12.2%
EBITDA · FY 2025
-₹20.34 Cr margin -16.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 31%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 29% growth in the latest year. EBITDA fell 26% 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
| 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 | |||||
| Total Revenue | ₹123.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.01 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.5% | ||||
| Net Profit Margin | -12.2% | ||||
| 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 Greytip Software Private Limited, buy the company report.
Board of directors of Greytip Software Private Limited
Greytip Software has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Rowjee | Whole-Time Director | 29 Nov 1994 | 31 Years 11 Months | Current |
| Ahmed Sayeed Anjum | Director | 29 Nov 2004 | 21 Years 11 Months | Current |
| Mark John Selwyn Beith | Nominee Director | 03 Sep 2024 | 2 Years 2 Months | Current |
| Shashwat Shukla | Nominee Director | 03 Sep 2024 | 2 Years 2 Months | Current |
Peer comparison
Greytip Software Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Customerxps Software Private Limited | ₹126.3 Cr (FY 2025) | 65.0% | Bangalore, Karnataka, India | |||
| Greytip Software Private Limitedthis company | ₹123.31 Cr (FY 2025) | -₹15.01 Cr | -12.2% | 29.0% | 773 | Bengaluru, Karnataka, India |
| Emergys Labs Private Limited | ₹122.03 Cr (FY 2025) | -26.0% | Pune, Maharashtra, India | |||
| Katalyst Software Services Limited | ₹121.19 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Radix Software Services Private Limited | ₹121.09 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Greytip Software Private Limited, buy the company report.
Auditor
Greytip Software Private Limited is audited by RPAR & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPAR & CO LLP | FY 2025 | S200139 |
Shareholding
The shareholding of Greytip Software Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Greytip Software Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2018 | 100204799 | Others | ₹4 Cr | Satisfied | |
| 27 Sep 2017 | 100129459 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 03 Dec 2010 | 10254465 | Canara Bank | ₹99.9 Lakh | Satisfied | |
| 03 Jul 2009 | 10165167 | State Bank of Mysore | ₹22 Lakh | Satisfied | |
| 25 Jul 2008 | 10114847 | State Bank of Mysore | ₹15 Lakh | Satisfied |
To see the full charge records of Greytip Software Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Greytip Software Private Limited has 13 deals on record (8 funding rounds, 2 secondary share transfers, 2 debt financings), with disclosed funding of ₹348.07 Cr; the latest was in September 2024.
Total deals
13
Funding rounds
8
Secondary share transfers
2
Debt financings
2
Convertible or debt financing
1
Disclosed funding
₹348.07 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Funding round · Series F | ₹191.2 Cr | Investors: Apax Partners, Blacksoil Group |
| Nov 2023 | Funding round · Series E | ₹24.9 Cr | Investors: GMO-Z.Com Payment Gateway Pte Limited |
| Oct 2019 | Funding round · Series C | ₹29.55 Cr | Investors: Info Edge Ventures |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Info Edge Ventures Seller: 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Info Edge Ventures Seller: an individual |
To see the full deal history of Greytip Software Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Greytip Software 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
Greytip Software Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Terrier Security Services (India) Private Limited |
To see the full MSME payment records of Greytip Software Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Greytip Software Private Limited has a workforce of 773 employees on its EPFO records as of Jan 12, 2026, across 1 active EPFO establishment.
Employee count
773
Active EPFO establishments
1
Employee growth
10.43%
GST
Greytip Software has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACD5289K1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Greytip Software Private Limited, buy the company report.
Recent activity
Greytip Software Private Limited has 13 board changes on record since 1994: 4 appointments and 9 cessations. The latest: Kapel Guptaa ceased to be Nominee Director on 03 Sep 2024.
AGM
Greytip Software Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Greytip Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kapel Guptaa ceased to be Nominee Director.
Ceased
Karthik Reddy Bezawada ceased to be Director.
Appointed
Mark John Selwyn Beith was appointed as Nominee Director.
Ceased
Mohamed Azharut Taher ceased to be Director.
Appointed
Shashwat Shukla was appointed as Nominee Director.
Ceased
Ahmed Sayeed Anjum ceased to be Director.
Ceased
Girish Rowjee ceased to be Director.
Ceased
Nikhil Marwaha ceased to be Nominee Director.
Ceased
Tarun Sharma ceased to be Director.
Charges
A charge registered on 27 Sep 2017 via Charge ID 100129459 with Axis Bank Limited was fully satisfied on 24 Nov 2021.
20 earlier events are in the company report.
News
Frequently asked questions
Greytip Software is an active private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 November 1994 (32+ years old) and is registered under CIN U72200KA1994PTC016628.
Greytip Software has 4 current directors:
- Girish Rowjee - Whole-Time Director
- Ahmed Sayeed Anjum - Director
- Mark John Selwyn Beith - Nominee Director
- Shashwat Shukla - Nominee Director
The latest financial statements of Greytip Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Greytip Software is 29AAACD5289K1Z5, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Greytip Software is U72200KA1994PTC016628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greytip Software was incorporated on 29 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Greytip Software has 13 deals on record (8 funding rounds, 2 secondary share transfers, 2 debt financings), with disclosed funding of ₹348.07 Cr; the latest was in September 2024.
The peers of Greytip Software by revenue are Customerxps Software Private Limited, Emergys Labs Private Limited, Katalyst Software Services Limited, Radix Software Services Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Kapel Guptaa ceased to be Nominee Director on 03 Sep 2024. Karthik Reddy Bezawada ceased to be Director on 03 Sep 2024. Mark John Selwyn Beith was appointed as Nominee Director on 03 Sep 2024. Greytip Software has 13 board changes on record in total.
Yes, Greytip Software is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0050939).
Greytip Software has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 22 May 2019.
Greytip Software can be reached through the website greytip.com. Its registered office is in Bengaluru, Karnataka, India.
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