Initsol Private Limited
About Initsol Private Limited
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Initsol Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC179206.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Anand Kalyan Gangwal and Ashutosh Sudhakar Pethe.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.76 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹90,566 (net margin 4%) and EBITDA of ₹19.57 Lakh (EBITDA margin 86%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹45 Lakh on record.
Company details
Contact details
Initsol Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 202 Cts No 1095/D Fp No 474 /3 Rugved Bhamburda Shivajinagar Model Colo, Ny, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Initsol Private Limited, 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
Financials of Initsol Private Limited
FY 2025 filings availableInitsol Private Limited reported revenue of ₹22.76 Lakh (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 14% growth in the latest year. EBITDA rose 18% 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 | ₹19.57 Lakh | ||||
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| Net Profit (PAT) | ₹90,566 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 86% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Initsol Private Limited, buy the company report.
Board of directors of Initsol Private Limited
Initsol has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kalyan Gangwal | Director | 13 Aug 2019 | 7 Years 2 Months | Current |
| Ashutosh Sudhakar Pethe Also directs: Movik Trade and Transport LLP | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Preeti Manish Somani Also directs: Montclaire Landmarks LLP, Infinity Gymnastics LLP | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Initsol Private Limited is audited by MRO & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRO & Associates | FY 2023 | 108967W |
Shareholding
The shareholding of Initsol Private Limited is on record for 4 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 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Initsol Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2021 | 100446921 | Others | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Initsol 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 Initsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Initsol Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Initsol Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Preeti Manish Somani was appointed as Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Initsol is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 September 2018 (8+ years old) and is registered under CIN U72900PN2018PTC179206.
Initsol has 3 current directors:
- Anand Kalyan Gangwal - Director
- Ashutosh Sudhakar Pethe - Director
- Preeti Manish Somani - Director
The latest financial statements of Initsol 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 CIN (Corporate Identification Number) of Initsol is U72900PN2018PTC179206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Initsol was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Preeti Manish Somani was appointed as Director on 30 Sep 2022. Tushar Chintamani Mengale ceased to be Director on 26 Sep 2022. Anand Kalyan Gangwal ceased to be Additional Director on 31 Dec 2019. Initsol has 9 board changes on record in total.
The registered office of Initsol is at Flat No 202 Cts No 1095D Fp No 474 3 Rugved Bhamburda Shivajinagar Model Colo, Ny, Pune, Maharashtra, India – 411016.
Initsol operates in the information technology industry, in the IT consulting and support services segment.
Initsol has open charges of ₹45 Lakh and no satisfied charges on record as per latest MCA filings.
Initsol can be reached at its registered office: Flat No 202 Cts No 1095D Fp No 474 3 Rugved Bhamburda Shivajinagar Model Colo, Ny, Pune, Maharashtra, India – 411016.