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Ilet Solutions Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹62.64 Lakh
▲ 14% YoY
Net loss · FY 2024
₹9.1 Lakh
Net margin -14.5%
EBITDA · FY 2024
-₹8.83 Lakh
EBITDA margin -14.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ilet Solutions Private Limited
Data last updated:
Ilet Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114029. Its GSTIN is 29AAECI9108E1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors Kamal Pramod Jha and Mayank Jaiswal.
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 No. 67 – 11 2nd Floor 8th B Main Road 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.64 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹9.1 Lakh (net margin -14.5%) and EBITDA of -₹8.83 Lakh (EBITDA margin -14.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: ILET Solutions.
Ilet Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0228412). For more details, the company can be reached via its website iletsolutions.com.
Company details
CIN U74999KA2018PTC114029
Registration Number 114029
Incorporation Date 16 June 2018
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0228412
Recognitions & Rankings of Ilet Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0228412
Contact details
Ilet Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is iletsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 67 – 11 2nd Floor 8th B Main Road 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Ilet Solutions Private Limited, buy the company report.
Comprehensive company report
Ilet 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
Ilet Solutions operates one associated brand: ILET Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers corporate training, eLearning, and assessment for skill development. | iletsolutions.com |
Business activity
The main business activity of Ilet 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 Ilet Solutions Private Limited, buy the company report.
Financials of Ilet Solutions Private Limited
FY 2025 filings availableIlet Solutions Private Limited reported revenue of ₹62.64 Lakh (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹62.64 Lakh ▲ 14%
Net loss · FY 2024
₹9.1 Lakh margin -14.5%
EBITDA · FY 2024
-₹8.83 Lakh margin -14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 40%
5 years · compounded
▼ 11%
Revenue rose 14% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA fell 23% 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 | FY 2019-20 |
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| EBITDA | -₹8.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.1 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.1% | ||||
| Net Profit Margin | -14.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ilet Solutions Private Limited, buy the company report.
Board of directors of Ilet Solutions Private Limited
Ilet 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 |
|---|---|---|---|---|
| Mayank Jaiswal | Additional Director | 02 Apr 2019 | 7 Years 6 Months | Current |
| Kamal Pramod Jha | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Ilet Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Equartis Technologies Private Limited | ₹62.7 Lakh (FY 2025) | 110.0% | Panchkula, Haryana, India | |||
| Ngenix Byte Thriller Solutions Private Limited | ₹62.66 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Ideal Invent Technologies Private Limited | ₹62.66 Lakh (FY 2024) | -44.0% | Bangalore, Karnataka, India | |||
| Dataswitch Infotech Private Limited | ₹62.65 Lakh (FY 2025) | -46.0% | Chennai, Tamil Nadu, India | |||
| Ilet Solutions Private Limitedthis company | ₹62.64 Lakh (FY 2024) | -₹9.1 Lakh | -14.5% | 14.0% | Bangalore, Karnataka, India | |
| Rambae Infotech (OPC) Private Limited | ₹62.64 Lakh (FY 2023) | Tiruvallur, Tamil Nadu, India | ||||
| Agastik Tech Private Limited | ₹62.59 Lakh (FY 2025) | 2049.0% | Delhi, India | |||
| True Connextion Private Limited | ₹62.58 Lakh (FY 2025) | 22.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ilet Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ilet 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 Ilet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ilet Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI9108E1ZJ | Karnataka | Active | 24 Jul 2018 |
To see the full GST registrations and return filing status of Ilet Solutions Private Limited, buy the company report.
Recent activity
Ilet Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Gulam Shaheed Khan ceased to be Director on 13 Feb 2020.
AGM
Ilet Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ilet Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gulam Shaheed Khan ceased to be Director.
Appointed
Mayank Jaiswal was appointed as Additional Director.
Appointed
Kamal Pramod Jha was appointed as Director.
Incorporation
16 Jun 2018
Ilet Solutions Private Limited was registered on 16 Jun 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
Frequently asked questions
Ilet Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 16 June 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114029.
Ilet Solutions has 2 current directors:
- Mayank Jaiswal - Additional Director
- Kamal Pramod Jha - Director
The latest financial statements of Ilet 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 Ilet Solutions is 29AAECI9108E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ilet Solutions is U74999KA2018PTC114029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilet Solutions was incorporated on 16 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ilet Solutions by revenue are Equartis Technologies Private Limited, Ngenix Byte Thriller Solutions Private Limited, Ideal Invent Technologies Private Limited, Dataswitch Infotech Private Limited, Rambae Infotech (OPC) Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Gulam Shaheed Khan ceased to be Director on 13 Feb 2020. Mayank Jaiswal was appointed as Additional Director on 02 Apr 2019. Kamal Pramod Jha was appointed as Director on 16 Jun 2018.
Yes, Ilet Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ilet Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0228412).
Ilet Solutions can be reached through the website iletsolutions.com. Its registered office is in Bangalore, Karnataka, India.
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