Icit Software Center Private Limited
About Icit Software Center Private Limited
Data last updated:
Icit Software Center Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Alchemist Hr Services Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1999PTC032006. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Bharadwaja Vamaraju and Ratna Bhanu Yerubandi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.52 Nagarjuna Hills, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.51 Cr. For the same year it recorded a net profit of ₹13.45 Cr (net margin 99.6%) and EBITDA of ₹13.45 Cr (EBITDA margin 99.6%).
As per MCA filings, the company has satisfied charges of ₹20.07 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.52 Nagarjuna Hills, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Icit Software Center Private Limited
The main business activity of Icit Software Center is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Icit Software Center Private Limited FY 2025 filings available
Icit Software Center Private Limited reported revenue of ₹13.51 Cr for FY 2025.
Financial Statement Summary of Icit Software Center Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.45 Cr | •••• | •••• | •••• | •••• |
| 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 of Icit Software Center Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 99.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Icit Software Center are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Icit Software Center Private Limited
Icit Software Center Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rkit Software Private Limited | ₹13.57 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Rajkot, Gujarat, India |
| Ewg IT Consultancy Services Private Limited | ₹13.57 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Wesource Business Solutions Private Limited | ₹13.56 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Metasys Software Private Limited | ₹13.54 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| K.V. Metals & Alloys Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Icit Software Center Private Limited this company | ₹13.51 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Liveramp India Private Limited | ₹13.49 Cr (FY 2025) | •••• | •••• | 185.0% | •••• | Delhi, India |
| CRS Global Services Private Limited | ₹13.48 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Vegh Supply Chain Solutions Private Limited | ₹13.47 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Kalyan, Maharashtra, India |
| Backflipt Software Services Private Limited | ₹13.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Avanseus Technologies Private Limited | ₹13.44 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Icit Software Center by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icit Software Center Private Limited
Icit Software Center Private Limited is audited by NARASIMHA RAO & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARASIMHA RAO & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Icit Software Center Private Limited
Icit Software Center has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharadwaja Vamaraju Also directs: Alchemist HR Services Private Limited, Cygnus Business Consulting & Research Private Limited, The Icfai Academy and 2 more | Director | 06 May 2014 | 12 Years 5 Months | Current |
| Ratna Bhanu Yerubandi Also directs: Maxwealth Finance Private Limited | Director | 13 Nov 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Icit Software Center Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icit Software Center Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2010 | Maxwealth Finance Private Limited | ₹11.23 Cr | Satisfied |
| 31 Mar 2006 | Syndicate Bank | ₹8.84 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Icit Software Center Private Limited
Icit Software Center Private Limited has 3 court cases on record: 3 filed by Icit Software Center. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against State of Andhra Pradesh | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Magnus IT Solutions Lucknow | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Icit Software Center Private Limited
Employment history and EPFO contributions of people linked to Icit Software Center.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Icit Software Center Private Limited
Icit Software Center has one previous CIN (Corporate Identification Number): U72200AP1999PTC032006. The current CIN is U72200TG1999PTC032006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1999PTC032006 | Current |
| U72200AP1999PTC032006 | Previous |
Recent Activity on Icit Software Center Private Limited
Icit Software Center Private Limited has 12 board changes on record since 1999: 7 appointments and 5 cessations. The latest: Jagdishbabu Pasupuleti ceased to be Director on 08 Dec 2017.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Icit Software Center Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Icit Software Center Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icit Software Center Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Icit Software Center Private Limited
Icit Software Center has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icit Software Center Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Icit Software Center Private Limited
Icit Software Center is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 July 1999 (27+ years old) and is registered under CIN U72200TG1999PTC032006.
Icit Software Center reported revenue of ₹13.51 Cr for FY 2025.
Icit Software Center has 2 current directors:
- Bharadwaja Vamaraju - Director
- Ratna Bhanu Yerubandi - Director
Icit Software Center reported a net profit of ₹13.45 Cr (net margin 99.6%) and EBITDA of ₹13.45 Cr (EBITDA margin 99.6%) for FY 2025, as per its filed financial statements.
No. Icit Software Center has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Icit Software Center is U72200TG1999PTC032006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icit Software Center has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Icit Software Center was incorporated on 01 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Icit Software Center by revenue are Rkit Software Private Limited, Ewg IT Consultancy Services Private Limited, Wesource Business Solutions Private Limited, Metasys Software Private Limited, K.V. Metals & Alloys Private Limited and 5 more, all in the Information Technology industry (Software Services).
Jagdishbabu Pasupuleti ceased to be Director on 08 Dec 2017. Harihar Sitaram ceased to be Director on 13 Nov 2017. Ratna Bhanu Yerubandi was appointed as Director on 13 Nov 2017. Icit Software Center has 12 board changes on record in total.
The registered office of Icit Software Center is at No.52 Nagarjuna Hills, Hyderabad, Telangana, India – 500082.