Indavara IT Solutions Private Limited
About Indavara IT Solutions Private Limited
Data last updated:
Indavara IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 26 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC061840. Its GSTIN is 29AACCI9507R1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gowri Holalkere Ramamurthy (Whole-Time Director) and Praveen Indavara Nagaraj (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D 601 Adarsh Rhythm Apartement Off Bannerghatta Road Panduranga Nagar, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.38 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹5.93 Lakh (net margin -32.3%) and EBITDA of -₹3.4 Lakh (EBITDA margin -18.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹17.78 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD 601 Adarsh Rhythm Apartement Off Bannerghatta Road Panduranga Nagar, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Indavara IT Solutions Private Limited
The main business activity of Indavara IT 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 | 62 | Computer programming, consultancy and related 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.
Auditor Details of Indavara IT Solutions Private Limited
Indavara IT Solutions Private Limited is audited by V ESWARA PRASAD & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V ESWARA PRASAD & CO | 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 Indavara IT Solutions Private Limited
Indavara IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowri Holalkere Ramamurthy | Whole-Time Director | 26 Dec 2011 | 14 Years 9 Months | Current |
| Praveen Indavara Nagaraj | Whole-Time Director | 26 Dec 2011 | 14 Years 9 Months | Current |
Financials of Indavara IT Solutions Private Limited FY 2025 filings available
Indavara IT Solutions Private Limited reported revenue of ₹18.38 Lakh (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indavara IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 72% fall in the latest year. EBITDA fell 134% 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 Indavara IT Solutions 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.93 Lakh | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Indavara IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 Indavara IT Solutions 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.
Ownership and Shareholding of Indavara IT Solutions 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 Indavara IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2021 | Hdfc Bank Limited | ₹17.78 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Indavara IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Indavara IT Solutions.
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.
GST Compliance of Indavara IT Solutions Private Limited
Indavara IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI9507R1ZR | Karnataka | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Indavara IT Solutions 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 Indavara IT Solutions 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 Indavara IT Solutions 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.
MCA Filings & Documents of Indavara IT Solutions 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.
Recent Activity on Indavara IT Solutions Private Limited
Frequently Asked Questions about Indavara IT Solutions Private Limited
Indavara IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 26 December 2011 (15+ years old) and is registered under CIN U72900KA2011PTC061840.
Indavara IT Solutions reported revenue of ₹18.38 Lakh for FY 2025 (down 72% YoY).
Indavara IT Solutions has 2 current directors:
- Gowri Holalkere Ramamurthy - Whole-Time Director
- Praveen Indavara Nagaraj - Whole-Time Director
Indavara IT Solutions reported a net loss of ₹5.93 Lakh (net margin -32.3%) and EBITDA of -₹3.4 Lakh (EBITDA margin -18.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indavara IT Solutions is -31% over three years and -20% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indavara IT Solutions is 29AACCI9507R1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Indavara IT Solutions is U72900KA2011PTC061840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indavara IT Solutions was incorporated on 26 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Indavara IT Solutions is at D 601 Adarsh Rhythm Apartement Off Bannerghatta Road Panduranga Nagar, Bangalore, Karnataka, India – 560076.