MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0042967
Igrid Consulting Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.12 Lakh
▼ 70% YoY
Net loss · FY 2024
₹14,000
Net margin -0.3%
EBITDA · FY 2024
₹60,000
EBITDA margin 1.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
51
Provident fund records
Directors on board
2
As per MCA filings
About Igrid Consulting Solutions Private Limited
Data last updated:
Igrid Consulting Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2009PTC072391. Its GSTIN is 33AACCI1202M1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subramaniam Sundaram and Ananth Nagarajan.
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. 9B Saivilas 2nd Canal Cross Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.12 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹14,000 (net margin -0.3%) and EBITDA of ₹60,000 (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 42% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iGrid Consulting.
Igrid Consulting Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042967). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igridconsulting.com.
Company Details of Igrid Consulting Solutions Private Limited
CIN U72900TN2009PTC072391
Registration Number 072391
Incorporation Date 27 July 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0042967
Recognitions & Rankings of Igrid Consulting Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDoor No. 9B Saivilas 2nd Canal Cross Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions operates one associated brand: iGrid Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers app development, maintenance, analytics, cloud, and integration services. | igridconsulting.com |
Business Activity of Igrid Consulting Solutions Private Limited
The main business activity of Igrid Consulting Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Igrid Consulting Solutions Private Limited FY 2025 filings available
Igrid Consulting Solutions Private Limited reported revenue of ₹41.12 Lakh (down 70% YoY) for FY 2024.
Revenue · FY 2024
₹41.12 Lakh ▼ 70%
Net loss · FY 2024
₹14,000 margin -0.3%
EBITDA · FY 2024
₹60,000 margin 1.5%
Compounded Annual Growth Rate (CAGR) of Igrid Consulting Solutions Private Limited
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 45%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 58%
5 years · compounded
▼ 57%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 70% fall in the latest year. EBITDA fell 66% 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 of Igrid Consulting Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹60,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14,000 | •••• | •••• | •••• | •••• |
| 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 Igrid Consulting Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Igrid Consulting Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramaniam Sundaram | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Ananth Nagarajan | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
Peer Comparison of Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gabriel Software Private Limited | ₹41.15 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Lucknow, Uttar Pradesh, India |
| Studd Technology Solution Private Limited | ₹41.15 Lakh (FY 2024) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Eron Techno Solutions Private Limited | ₹41.14 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Coimbatore, Tamil Nadu, India |
| Adnut Digital Private Limited | ₹41.13 Lakh (FY 2024) | •••• | •••• | -77.0% | •••• | New Delhi, Delhi, India |
| Npedia Technologies Private Limited | ₹41.13 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Chennai, Tamil Nadu, India |
| Igrid Consulting Solutions Private Limited this company | ₹41.12 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Thirvu Soft Private Limited | ₹41.11 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Coimbatore, Tamil Nadu, India |
| Maptech Infosoft Private Limited | ₹41.11 Lakh (FY 2018) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Qsync Software Private Limited | ₹41.1 Lakh (FY 2023) | •••• | •••• | 37.0% | •••• | Bengaluru, Karnataka, India |
| Aumento Infoway Private Limited | ₹41.1 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Vitasta Learning Private Limited | ₹41.1 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Igrid Consulting Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Igrid Consulting Solutions Private Limited
Auditor information for Igrid Consulting Solutions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Igrid Consulting Solutions Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions Private Limited has a workforce of 51 employees as of Apr 07, 2024.
Employee count
51
Active EPFO establishments
1
Employee growth
-20.31%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Karthick Sethunarayanan ceased to be Additional Director on 01 Apr 2019.
AGM
Igrid Consulting Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Igrid Consulting Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Karthick Sethunarayanan ceased to be Additional Director.
Ceased
Santhanagopalan Sethunarayanan ceased to be Director.
Ceased
Ananth Nagarajan ceased to be Additional Director.
Ceased
Subramaniam Sundaram ceased to be Additional Director.
Ceased
Ganesan Kousalya ceased to be Director.
Appointed
Ananth Nagarajan was appointed as Director.
Appointed
Subramaniam Sundaram was appointed as Director.
Incorporation
27 Jul 2009
Igrid Consulting Solutions Private Limited was registered on 27 Jul 2009 with Roc Chennai & aged 17 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Igrid Consulting Solutions Private Limited
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MSME Payment Delays by Igrid Consulting Solutions Private Limited
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Subsidiaries & Group Companies of Igrid Consulting Solutions Private Limited
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GST Compliance of Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI1202M1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Igrid Consulting Solutions Private Limited
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Related news about Igrid Consulting Solutions Private Limited
Frequently Asked Questions about Igrid Consulting Solutions Private Limited
Igrid Consulting Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 July 2009 (17+ years old) and is registered under CIN U72900TN2009PTC072391.
Igrid Consulting Solutions reported revenue of ₹41.12 Lakh for FY 2024 (down 70% YoY).
Igrid Consulting Solutions has 2 current directors:
- Subramaniam Sundaram - Director
- Ananth Nagarajan - Director
Igrid Consulting Solutions reported a net loss of ₹14,000 (net margin -0.3%) and EBITDA of ₹60,000 (EBITDA margin 1.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Igrid Consulting Solutions is -45% over three years and -42% over five years. In the latest year (FY 2024) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Igrid Consulting Solutions is 33AACCI1202M1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Igrid Consulting Solutions is U72900TN2009PTC072391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igrid Consulting Solutions was incorporated on 27 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Igrid Consulting Solutions by revenue are Gabriel Software Private Limited, Studd Technology Solution Private Limited, Eron Techno Solutions Private Limited, Adnut Digital Private Limited, Npedia Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Karthick Sethunarayanan ceased to be Additional Director on 01 Apr 2019. Santhanagopalan Sethunarayanan ceased to be Director on 07 Apr 2018. Ananth Nagarajan ceased to be Additional Director on 30 Sep 2016. Igrid Consulting Solutions has 7 board changes on record in total.
Yes, Igrid Consulting Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0042967).