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Hiranya IT Solutions Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.06 Lakh
▼ 24% YoY
Net loss · FY 2024
₹4.21 Lakh
Net margin -204.3%
EBITDA · FY 2024
-₹2.06 Lakh
EBITDA margin -100%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Hiranya IT Solutions Private Limited
Data last updated:
Hiranya IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 13 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC142765.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shiva Sekhar Muddamsetty and Sri Kumar Raja Masanam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.06 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹4.21 Lakh (net margin -204.3%) and EBITDA of -₹2.06 Lakh (EBITDA margin -100%). Revenue has grown at a compounded annual rate (CAGR) of 298% over three years.
The company is associated with 1 brand: Skill Lens.
Hiranya IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0010701). For more details, the company can be reached via its website skilllens.com.
Company details
CIN U72900TG2020PTC142765
Registration Number 142765
Incorporation Date 13 August 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0010701
Recognitions & Rankings of Hiranya IT Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-20-0010701
Contact details
Hiranya IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressH.No. 2 – 22 – 294 2nd Floor Maruthi Complex Opp R.S. Brothers Bhagyanagar Colony K, Phb, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Hiranya IT 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
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Brands
Hiranya IT Solutions operates one associated brand: Skill Lens. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Free online content for problem-solving, presentation, and verbal skills development. | skilllens.com |
Business activity
The main business activity of Hiranya IT Solutions 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 Hiranya IT Solutions Private Limited, buy the company report.
Financials of Hiranya IT Solutions Private Limited
FY 2024 filings availableHiranya IT Solutions Private Limited reported revenue of ₹2.06 Lakh (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹2.06 Lakh ▼ 24%
Net loss · FY 2024
₹4.21 Lakh margin -204.3%
EBITDA · FY 2024
-₹2.06 Lakh margin -100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 298%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 62%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 298%. EBITDA rose 76% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Other Income | ||||
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| Total Expenses | ||||
| EBITDA | -₹2.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.21 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -100% | |||
| Net Profit Margin | -204.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Hiranya IT Solutions Private Limited, buy the company report.
Board of directors of Hiranya IT Solutions Private Limited
Hiranya IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Sekhar Muddamsetty | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Sri Kumar Raja Masanam Also directs: Sunlight Growth Ventures Private Limited | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Hiranya IT Solutions Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sarrington Innovations Private Limited | ₹2.07 Lakh (FY 2020) | 251.0% | Bangalore, Karnataka, India | |||
| Validus IT Services Private Limited | ₹2.07 Lakh (FY 2019) | -90.0% | Hyderabad, Telangana, India | |||
| Medi Tree Solutions Private Limited | ₹2.07 Lakh (FY 2018) | Kundara, Kollam, Kerala, India | ||||
| Hiranya IT Solutions Private Limitedthis company | ₹2.06 Lakh (FY 2024) | -₹4.21 Lakh | -204.3% | -24.0% | Hyderabad, Telangana, India | |
| Dignity Consultancy Services Private Limited | ₹2.06 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Springhive Labs Private Limited | ₹2.06 Lakh (FY 2024) | -13.0% | Kamrup, Assam, India | |||
| Codemart Infotech Private Limited | ₹2.06 Lakh (FY 2021) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Hiranya IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hiranya IT 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 Hiranya IT Solutions 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 Hiranya IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hiranya IT Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Sathesh Kumar Maddipati ceased to be Director on 15 Apr 2024.
AGM
Hiranya It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sathesh Kumar Maddipati ceased to be Director.
Filing
Hiranya It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Shiva Sekhar Muddamsetty was appointed as Director.
Appointed
Sri Kumar Raja Masanam was appointed as Director.
Incorporation
13 Aug 2020
Hiranya It Solutions Private Limited was registered on 13 Aug 2020 with Roc Hyderabad & aged 6 years 2 months as per MCA records.
Frequently asked questions
Hiranya IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 13 August 2020 (6+ years old) and is registered under CIN U72900TG2020PTC142765.
Hiranya IT Solutions has 2 current directors:
- Shiva Sekhar Muddamsetty - Director
- Sri Kumar Raja Masanam - Director
The latest financial statements of Hiranya IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Hiranya IT Solutions is U72900TG2020PTC142765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiranya IT Solutions was incorporated on 13 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Hiranya IT Solutions by revenue are Sarrington Innovations Private Limited, Validus IT Services Private Limited, Medi Tree Solutions Private Limited, Dignity Consultancy Services Private Limited, Springhive Labs Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sathesh Kumar Maddipati ceased to be Director on 15 Apr 2024. Shiva Sekhar Muddamsetty was appointed as Director on 21 Mar 2024. Sri Kumar Raja Masanam was appointed as Director on 13 Aug 2020.
Yes, Hiranya IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hiranya IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0010701).
Hiranya IT Solutions can be reached through the website skilllens.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Hiranya IT Solutions is at H.No. 2 – 22 – 294 2nd Floor Maruthi Complex Opp R.S. Brothers Bhagyanagar Colony K, Phb, Hyderabad, Telangana, India – 500072.
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