DPIIT recognised startup Government of India
Startup India
Hands Ondesk Solutions Private Limited - information technology in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹5.31 Cr
▲ 69% YoY
Net profit · FY 2023
₹3.96 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹10.51 Lakh
EBITDA margin 2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹60 Lakh
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Hands Ondesk Solutions Private Limited
Data last updated:
Hands Ondesk Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC108546. Its GSTIN is 37AAECH5628N1Z3 (Andhra Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Prasanto Panigrahi Kumar (Managing Director) and Prasanti Panda.
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 Door No.45 – 47 – 36/1 First Floor Madeti Gardens Akkayapalem Main Road, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.31 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Lakh (net margin 0.7%) and EBITDA of ₹10.51 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company is associated with 1 brand: HSOD. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹60 Lakh on record.
Hands Ondesk Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0030175). For more details, the company can be reached via its website hsodsolutions.com.
Company details
CIN U74999AP2018PTC108546
Registration Number 108546
Incorporation Date 01 June 2018
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-AP-10-0030175
Recognitions & Rankings of Hands Ondesk Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0030175
Contact details
Hands Ondesk Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is hsodsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No.45 – 47 – 36/1 First Floor Madeti Gardens Akkayapalem Main Road, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution
To see the full contact details of Hands Ondesk Solutions Private Limited, buy the company report.
Comprehensive company report
Hands Ondesk Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Hands Ondesk Solutions operates one associated brand: HSOD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT support, hardware sales, system integration, software consulting, and networking solutions. | hsodsolutions.com |
Financials of Hands Ondesk Solutions Private Limited
FY 2025 filings availableHands Ondesk Solutions Private Limited reported revenue of ₹5.31 Cr (up 69% YoY) for FY 2023.
Revenue · FY 2023
₹5.31 Cr ▲ 69%
Net profit · FY 2023
₹3.96 Lakh margin 0.7%
EBITDA · FY 2023
₹10.51 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 86%
EBITDA CAGR growth
1 year
▲ 143%
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 69% growth in the latest year. EBITDA rose 143% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.96 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Hands Ondesk Solutions Private Limited, buy the company report.
Board of directors of Hands Ondesk Solutions Private Limited
Hands Ondesk Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanto Panigrahi Kumar | Managing Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Prasanti Panda | Director | 09 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Hands Ondesk Solutions Private Limited is audited by M DEEPIKA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M DEEPIKA & CO | FY 2023 | 014896S |
Shareholding
The shareholding of Hands Ondesk Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hands Ondesk Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2022 | 100652701 | State Bank of India | ₹1 Cr | Open | |
| 30 Sep 2022 | 100694896 | Others | ₹60 Lakh | Satisfied |
To see the full charge records of Hands Ondesk Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hands Ondesk Solutions 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 Hands Ondesk Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hands Ondesk Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECH5628N1Z3 | Andhra Pradesh | Active | 04 Aug 2018 |
To see the full GST registrations and return filing status of Hands Ondesk Solutions Private Limited, buy the company report.
Recent activity
Hands Ondesk Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Prasanto Panigrahi Kumar ceased to be Manager on 10 Mar 2022.
AGM
Hands Ondesk Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Sep 2022 via Charge ID 100694896 with Others was fully satisfied on 20 May 2025.
Filing
Hands Ondesk Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with State Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 100652701 was registered on 07 Dec 2022.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100694896 was registered on 30 Sep 2022.
Ceased
Prasanto Panigrahi Kumar ceased to be Manager.
Ceased
Manish Ranjan ceased to be Director.
Ceased
Sravan Kumar Pendyala ceased to be Director.
Appointed
Prasanti Panda was appointed as Director.
Ceased
Appala Raju Mediboyina ceased to be Director.
Appointed
Prasanto Panigrahi Kumar was appointed as Managing Director.
Incorporation
01 Jun 2018
Hands Ondesk Solutions Private Limited was registered on 01 Jun 2018 with Roc Vijayawada & aged 8 years 4 months as per MCA records.
Frequently asked questions
Hands Ondesk Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 June 2018 (8+ years old) and is registered under CIN U74999AP2018PTC108546.
Hands Ondesk Solutions has 2 current directors:
- Prasanto Panigrahi Kumar - Managing Director
- Prasanti Panda - Director
The latest financial statements of Hands Ondesk Solutions 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 2019 are in the company report.
The GSTIN of Hands Ondesk Solutions is 37AAECH5628N1Z3, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Hands Ondesk Solutions is U74999AP2018PTC108546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hands Ondesk Solutions was incorporated on 01 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Prasanto Panigrahi Kumar ceased to be Manager on 10 Mar 2022. Manish Ranjan ceased to be Director on 10 Feb 2022. Sravan Kumar Pendyala ceased to be Director on 10 Feb 2022. Hands Ondesk Solutions has 6 board changes on record in total.
Yes, Hands Ondesk Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hands Ondesk Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0030175).
Hands Ondesk Solutions can be reached through the website hsodsolutions.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.