About Grit-Innovation Software Private Limited
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Grit-Innovation Software Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2008PTC058676. Its GSTIN is 36AADCG1223D1Z9 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Gauba and Muralidhar Pulla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot 538 Krishna Heights 3rd Floor 100 Feet Road Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.78 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹42,128 (net margin 0.2%) and EBITDA of ₹6.08 Lakh (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company is associated with 2 brands: Collectivv and Grit Innovation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gritinnovation.com.
Company details
CIN history
Grit-Innovation Software has one previous CIN (Corporate Identification Number): U72900AP2008PTC058676. The current CIN is U72900TG2008PTC058676, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2008PTC058676 | Current |
| U72900AP2008PTC058676 | Previous |
Contact details
Grit-Innovation Software Private Limited's registered office is in Hyderabad, Telangana. Its website is gritinnovation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot 538 Krishna Heights 3rd Floor 100 Feet Road Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Grit-Innovation Software Private Limited, buy the company report.
- 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
Brands
Grit-Innovation Software operates two associated brands: Collectivv and Grit Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a platform for mobile content delivery. | collectivv.com | |
| Provider of a range of IT services | gritinnovation.com |
Business activity
The main business activity of Grit-Innovation 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 Grit-Innovation Software Private Limited, buy the company report.
Financials of Grit-Innovation Software Private Limited
FY 2021 filings availableGrit-Innovation Software Private Limited reported revenue of ₹2.78 Cr (up 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 112% 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
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| EBITDA | ₹6.08 Lakh | ||||
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| Net Profit (PAT) | ₹42,128 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Grit-Innovation Software Private Limited, buy the company report.
Board of directors of Grit-Innovation Software Private Limited
Grit-Innovation Software has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Gauba Also directs: Wayocom Labs Private Limited | Director | 15 Apr 2008 | 18 Years 6 Months | Current |
| Muralidhar Pulla | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Gauba Nath Bishambar | Additional Director | 02 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Grit-Innovation Software Private Limited is compared with the 8 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orange Tree Software Services Private Limited | ₹2.78 Cr (FY 2024) | 109.0% | Gurgaon, Haryana, India | |||
| Prosearch Rpo Services Private Limited | ₹2.78 Cr (FY 2022) | 15.0% | Mohali, Punjab, India | |||
| Busysoft Systems Private Limited | ₹2.78 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Nikulsan Technologies Private Limited | ₹2.78 Cr (FY 2021) | -65.0% | Faridabad, Haryana, India | |||
| Grit-Innovation Software Private Limitedthis company | ₹2.78 Cr (FY 2021) | ₹42,128 | 0.2% | 2.0% | Hyderabad, Telangana, India | |
| Axilwits IT Services (OPC) Private Limited | ₹2.78 Cr (FY 2025) | 59.0% | Bangalore, Karnataka, India | |||
| Geologix Technosoft Private Limited | ₹2.78 Cr (FY 2025) | 66.0% | Delhi, India | |||
| Consistent Media Private Limited | ₹2.78 Cr (FY 2017) | 13.0% | Pune, Maharashtra, India | |||
| Soroka Soft (India) Private Limited | ₹2.78 Cr (FY 2019) | 16.0% | Hyderabad, Andhra Pradesh, India |
To see the full peer comparison of Grit-Innovation Software Private Limited, buy the company report.
Shareholding
The shareholding of Grit-Innovation Software Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Grit-Innovation Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grit-Innovation 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
No delayed payments to MSME suppliers are on our record for Grit-Innovation Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grit-Innovation Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCG1223D1Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grit-Innovation Software Private Limited, buy the company report.
Recent activity
Grit-Innovation Software Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Muralidhar Pulla was appointed as Director on 01 Sep 2020.
Frequently asked questions
Grit-Innovation Software is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 April 2008 (18+ years old) and is registered under CIN U72900TG2008PTC058676.
Grit-Innovation Software has 3 current directors:
- Amit Gauba - Director
- Muralidhar Pulla - Director
- Gauba Nath Bishambar - Additional Director
The latest financial statements of Grit-Innovation Software on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Grit-Innovation Software is 36AADCG1223D1Z9, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Grit-Innovation Software is U72900TG2008PTC058676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grit-Innovation Software was incorporated on 15 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Grit-Innovation Software by revenue are Orange Tree Software Services Private Limited, Prosearch Rpo Services Private Limited, Busysoft Systems Private Limited, Nikulsan Technologies Private Limited, Axilwits IT Services (OPC) Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Muralidhar Pulla was appointed as Director on 01 Sep 2020. Rahul Jain ceased to be Director on 01 Mar 2019. Ruchy Jain ceased to be Director on 01 Mar 2019. Grit-Innovation Software has 5 board changes on record in total.
Grit-Innovation Software can be reached through the website gritinnovation.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Grit-Innovation Software is at Plot 538 Krishna Heights 3rd Floor 100 Feet Road Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
Grit-Innovation Software operates in the information technology industry, in the IT consulting and support services segment.