
About India IT for Change Social Services
Data last updated:
India IT for Change Social Services is a private not for profit company based in Jayanagar, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 03 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013NPL067516. Its GSTIN is 29AADCI1371A2ZY (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹22,000. It is led by directors Gayathri Srinath Vasudevan and Gurumurthy Kasinathan.
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.125 Sharan 35th Cross 15 Main 4th 'T' Block, Jayanagar, Karnataka, India – 560041.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.91 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹43.58 Lakh (net margin 49%) and EBITDA of ₹61.02 Lakh (EBITDA margin 68.6%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years and 154% over five years.
The company is associated with 1 brand: IT for Change.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itforchange.net.
Company details
Contact details
India IT for Change Social Services's registered office is in Jayanagar, Karnataka. Its website is itforchange.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.125 Sharan 35th Cross 15 Main 4th 'T' Block, Jayanagar, Karnataka, India – 560041
- IndustryService, Information Technology Services
To see the full contact details of India IT for Change Social Services, buy the company report.
- 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
Brands
India IT for Change Social Services operates one associated brand: IT for Change. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Research, advocacy, and training on equitable digital technologies are provided. | itforchange.net |
Business activity
The main business activity of India IT for Change Social Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of India IT for Change Social Services, buy the company report.
Financials of India IT for Change Social Services
FY 2025 filings availableIndia IT for Change Social Services reported revenue of ₹88.91 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 154%. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| 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 | ₹61.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.58 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.6% | ||||
| Net Profit Margin | 49% | ||||
| 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 | |||||
To see the full financial statements and ratios of India IT for Change Social Services, buy the company report.
Board of directors of India IT for Change Social Services
India IT for Change Social Services 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 |
|---|---|---|---|---|
| Gayathri Srinath Vasudevan | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Gurumurthy Kasinathan | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
India IT for Change Social Services is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxim Liberty BPO Private Limited | ₹88.99 Lakh (FY 2017) | 1.0% | Chennai, Tamil Nadu, India | |||
| Mahzar Tech Private Limited | ₹88.98 Lakh (FY 2023) | 355.0% | Bangalore, Karnataka, India | |||
| Maven Scientific Laboratories Private Limited | ₹88.95 Lakh (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| Nuage Resource Management (OPC) Private Limited | ₹88.95 Lakh (FY 2025) | -10.0% | Gurgaon, Haryana, India | |||
| Tatwa BPO Limited | ₹88.95 Lakh (FY 2024) | -13.0% | Kolkata, West Bengal, India | |||
| India IT for Change Social Servicesthis company | ₹88.91 Lakh (FY 2025) | ₹43.58 Lakh | 49% | -13.0% | Jayanagar, Karnataka, India | |
| Ransol Private Limited | ₹88.8 Lakh (FY 2024) | -49.0% | Bangalore, Karnataka, India | |||
| Resplendent Infocom Private Limited | ₹88.75 Lakh (FY 2015) | 130.0% | New Delhi, Delhi, India | |||
| Base2brand Infotech Private Limited | ₹88.75 Lakh (FY 2024) | -19.0% | Mohali, Punjab, India | |||
| Cyber Matrix Enterprises Private Limited | ₹88.74 Lakh (FY 2025) | 27.0% | Hyderabad, Telangana, India | |||
| Leadingroads Global Private Limited | ₹88.71 Lakh (FY 2024) | 142.0% | New Delhi, Delhi, India |
To see the full peer comparison of India IT for Change Social Services, buy the company report.
Auditor
India IT for Change Social Services is audited by NATH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATH ASSOCIATES | FY 2023 | 02426S |
Shareholding
The shareholding of India IT for Change Social Services is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India IT for Change Social Services, buy the company report.
Legal cases
No court or tribunal cases involving India IT for Change Social Services 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
India IT for Change Social Services has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| T.S. Devadas & Co |
To see the full MSME payment records of India IT for Change Social Services, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
India IT for Change Social Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI1371A2ZY | Karnataka | Active | 29 Aug 2023 |
To see the full GST registrations and return filing status of India IT for Change Social Services, buy the company report.
Recent activity
India IT for Change Social Services has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Shiv Kumar ceased to be Director on 28 Aug 2019.
Frequently asked questions
India IT for Change Social Services is an active private not for profit company based in Jayanagar, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 03 January 2013 (13+ years old) and is registered under CIN U72900KA2013NPL067516.
India IT for Change Social Services has 2 current directors:
- Gayathri Srinath Vasudevan - Director
- Gurumurthy Kasinathan - Director
The latest financial statements of India IT for Change Social Services 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 2015 are in the company report.
The GSTIN of India IT for Change Social Services is 29AADCI1371A2ZY, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of India IT for Change Social Services is U72900KA2013NPL067516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India IT for Change Social Services was incorporated on 03 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of India IT for Change Social Services by revenue are Maxim Liberty BPO Private Limited, Mahzar Tech Private Limited, Maven Scientific Laboratories Private Limited, Nuage Resource Management (OPC) Private Limited, Tatwa BPO Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Shiv Kumar ceased to be Director on 28 Aug 2019. Parminderjeet Singh ceased to be Director on 01 Jan 2014. Gayathri Srinath Vasudevan was appointed as Director on 03 Jan 2013. India IT for Change Social Services has 4 board changes on record in total.
India IT for Change Social Services has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 31 May 2019.
India IT for Change Social Services can be reached through the website itforchange.net. Its registered office is in Jayanagar, Karnataka, India.
The registered office of India IT for Change Social Services is at No.125 Sharan 35th Cross 15 Main 4th T Block, Jayanagar, Karnataka, India – 560041.
India IT for Change Social Services operates in the service industry, in the information technology services segment.