Gyric Technology Private Limited
About Gyric Technology Private Limited
Data last updated:
Gyric Technology Private Limited is a private limited company based in Salem, Tamil Nadu, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 23 November 2020.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2020PTC035039.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Gautham Sachin (Managing Director) and Muthugounder Loganathan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.116/97R East Street Peramanur, Salem, Tamil Nadu, India – 636007.
As per the financials filed for FY 2023, the company reported a revenue of ₹36,647, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹44,509 (net margin -121.5%) and EBITDA of -₹31,449 (EBITDA margin -85.8%).
Company details
Contact details
Gyric Technology Private Limited's registered office is in Salem, Tamil Nadu.
- Registered AddressNo.116/97R East Street Peramanur, Salem, Tamil Nadu, India – 636007
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Gyric Technology 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 Gyric Technology Private Limited, buy the company report.
Financials of Gyric Technology Private Limited
FY 2023 filings availableGyric Technology Private Limited reported revenue of ₹36,647 (up 307% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 307% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹31,449 | ||
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| Net Profit (PAT) | -₹44,509 | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||
| EBITDA Margin | -85.8% | ||
| Net Profit Margin | -121.5% | ||
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To see the full financial statements and ratios of Gyric Technology Private Limited, buy the company report.
Board of directors of Gyric Technology Private Limited
Gyric Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthugounder Loganathan | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Gautham Sachin Also directs: Futurex Car Care Private Limited | Managing Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Balavelu Vignesh Karthik | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Gyric Technology 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 |
|---|---|---|---|---|---|---|
| Osum Studio Private Limited | ₹36,847 (FY 2025) | -98.0% | Chandigarh, India | |||
| Vsstory Private Limited | ₹36,813 (FY 2021) | Bangalore, Karnataka, India | ||||
| Valiyora Live Events and Entertainments Private Limited | ₹36,802 (FY 2024) | -83.0% | Kuzhivelippadi, Edathala, Kerala, India | |||
| Hypervisor Labs Private Limited | ₹36,684 (FY 2023) | Bengaluru, Karnataka, India | ||||
| Gyric Technology Private Limitedthis company | ₹36,647 (FY 2023) | -₹44,509 | -121.5% | 307.0% | Salem, Tamil Nadu, India | |
| Roamonix Technologies Private Limited | ₹36,581 (FY 2023) | 73062.0% | Hyderabad, Telangana, India | |||
| Dapple Technologies Private Limited | ₹36,580 (FY 2025) | -82.0% | Delhi, India | |||
| Bestwin Solutions Private Limited | ₹36,551 (FY 2023) | -97.0% | Ongole, Andhra Pradesh, India | |||
| Finayam Services Private Limited | ₹36,501 (FY 2024) | Delhi, India |
To see the full peer comparison of Gyric Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gyric Technology 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 Gyric Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gyric Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gyric Technology Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Balavelu Vignesh Karthik was appointed as Director on 23 Nov 2020.
Frequently asked questions
Gyric Technology is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Gyric Technology is a company pending strike off, currently registered as a private limited company based in Salem, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 23 November 2020 and is registered under CIN U72900TZ2020PTC035039. The company may be struck off soon - caution is advised.
Gyric Technology has 3 current directors:
- Gautham Sachin - Managing Director
- Muthugounder Loganathan - Director
- Balavelu Vignesh Karthik - Director
The CIN (Corporate Identification Number) of Gyric Technology is U72900TZ2020PTC035039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gyric Technology was incorporated on 23 November 2020. It is registered with the Registrar of Companies, Coimbatore.
The registered office of Gyric Technology is at No.11697R East Street Peramanur, Salem, Tamil Nadu, India – 636007.
The latest financial statements of Gyric Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
Gyric Technology operates in the information technology industry, in the other computer related activities segment.
The peers of Gyric Technology by revenue are Osum Studio Private Limited, Vsstory Private Limited, Valiyora Live Events and Entertainments Private Limited, Hypervisor Labs Private Limited, Roamonix Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Balavelu Vignesh Karthik was appointed as Director on 23 Nov 2020. Gautham Sachin was appointed as Managing Director on 23 Nov 2020. Muthugounder Loganathan was appointed as Director on 23 Nov 2020.
Gyric Technology can be reached at its registered office: No.11697R East Street Peramanur, Salem, Tamil Nadu, India – 636007.
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