MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0077526
Iast Software Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.41 Cr
▲ 39% YoY
Net profit · FY 2025
₹2.3 Cr
Net margin 9%
EBITDA · FY 2025
₹3.15 Cr
EBITDA margin 12.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.15 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Satisfied ₹60 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
112
Provident fund records
About Iast Software Solutions Private Limited
Data last updated:
Iast Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2018PTC118927. Its GSTIN is 29AAFCI0795L1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.15 Lakh. It is led by directors including Satish Seetharam (Whole-Time Director) and Gourabai Tonashyal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.41 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 9%) and EBITDA of ₹3.15 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 97% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IAST. As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹60 Lakh on record.
Iast Software Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0077526). For more details, the company can be reached via its website iast-software.com.
Company details
CIN U72501KA2018PTC118927
Registration Number 118927
Incorporation Date 28 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0077526
Key People
Satish Seetharam Whole-Time Director Gourabai Tonashyal Director Yegapagol Takkalaki Chandram Iragond Director Recognitions & Rankings of Iast Software Solutions
Contact details
Iast Software Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is iast-software.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1134 2nd 3rd 4th And 5th Floor Avani Avenue, 17th Cross 6th Main Road 80Ft Road 7th Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Iast Software Solutions Private Limited, buy the company report.
Comprehensive company report
Iast Software 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
Iast Software Solutions operates one associated brand: IAST. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers consulting services for automotive embedded development and innovation globally. | iast-software.com |
Business activity
The main business activity of Iast Software 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 Iast Software Solutions Private Limited, buy the company report.
Financials of Iast Software Solutions Private Limited
FY 2025 filings availableIast Software Solutions Private Limited reported revenue of ₹25.41 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹25.41 Cr ▲ 39%
Net profit · FY 2025
₹2.3 Cr margin 9%
EBITDA · FY 2025
₹3.15 Cr margin 12.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 74%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 56%
5 years · compounded
▲ 58%
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 39% growth in the latest year. EBITDA fell 1% 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 |
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| EBITDA | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Iast Software Solutions Private Limited, buy the company report.
Board of directors of Iast Software Solutions Private Limited
Iast Software Solutions has 8 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Seetharam | Whole-Time Director | 14 Nov 2025 | 0 Years 11 Months | Current |
| Gourabai Tonashyal | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Yegapagol Takkalaki Chandram Iragond | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Mallinath Iragonda Takkalaki | Director | 16 Jan 2025 | 1 Years 9 Months | Current |
| Jakavva Iragonda Yegapagol | Director | 18 Apr 2025 | 1 Years 6 Months | Current |
| Laxman Mallappa Pagad | Director | 18 Mar 2025 | 1 Years 7 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Iast Software Solutions Private Limited is audited by SMNY & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMNY & ASSOCIATES | FY 2024 | 017594S |
Shareholding
The shareholding of Iast Software Solutions 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iast Software Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2024 | 101029008 | Hdfc Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Iast Software Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Iast Software 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 Iast Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iast Software Solutions Private Limited has a workforce of 112 employees on its EPFO records as of Jan 07, 2025, across 1 active EPFO establishment.
Employee count
112
Active EPFO establishments
1
Employee growth
28.74%
GST
Iast Software Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI0795L1Z0 | Karnataka | Active | 26 Feb 2019 |
| 22AAFCI0795L1ZE | Chattisgarh | Active | 04 Dec 2022 |
To see the full GST registrations and return filing status of Iast Software Solutions Private Limited, buy the company report.
Recent activity
Iast Software Solutions Private Limited has 8 board changes on record since 2018: 8 appointments. The latest: Rudrappa Jangama Shetti was appointed as Additional Director on 16 Jul 2026.
Appointed
Rudrappa Jangama Shetti was appointed as Additional Director.
Appointed
Satish Seetharam was appointed as Whole-Time Director.
AGM
Iast Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Satish Irappa Dashyal was appointed as Director.
Charges
A charge registered on 17 Oct 2024 via Charge ID 101029008 with Hdfc Bank Limited was fully satisfied on 17 Jul 2025.
Appointed
Jakavva Iragonda Yegapagol was appointed as Director.
Filing
Iast Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Laxman Mallappa Pagad was appointed as Director.
Appointed
Mallinath Iragonda Takkalaki was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 101029008 was registered on 17 Oct 2024.
Appointed
Gourabai Tonashyal was appointed as Director.
Appointed
Yegapagol Takkalaki Chandram Iragond was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Iast Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 November 2018 (8+ years old) and is registered under CIN U72501KA2018PTC118927.
Iast Software Solutions has 8 current directors:
- Satish Seetharam - Whole-Time Director
- Gourabai Tonashyal - Director
- Yegapagol Takkalaki Chandram Iragond - Director
- Mallinath Iragonda Takkalaki - Director
- Jakavva Iragonda Yegapagol - Director
- Laxman Mallappa Pagad - Director
- Satish Irappa Dashyal - Director
- Rudrappa Jangama Shetti - Additional Director
The latest financial statements of Iast Software 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 Iast Software Solutions is 29AAFCI0795L1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAFCI0795L1ZE (Chattisgarh).
The CIN (Corporate Identification Number) of Iast Software Solutions is U72501KA2018PTC118927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iast Software Solutions was incorporated on 28 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Rudrappa Jangama Shetti was appointed as Additional Director on 16 Jul 2026. Satish Seetharam was appointed as Whole-Time Director on 14 Nov 2025. Satish Irappa Dashyal was appointed as Director on 25 Jul 2025. Iast Software Solutions has 8 board changes on record in total.
Yes, Iast Software Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0077526).
Iast Software Solutions can be reached through the website iast-software.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Iast Software Solutions is at No.1134 2nd 3rd 4th And 5th Floor Avani Avenue, 17th Cross 6th Main Road 80Ft Road 7th Sector, Bangalore, Karnataka, India – 560102.
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