About Iolitix Solutions Private Limited
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Iolitix Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC124655.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Parameswarareddy Somu and Melapudi Raj Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 677 1st Floor Suite No 495 13th Cross Hsr Layout Sector – 1, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.54 Lakh. For the same year it recorded a net loss of ₹24,300 (net margin -15.8%) and EBITDA of -₹6,600 (EBITDA margin -4.3%).
For more details, the company can be reached via its website iolitix.com.
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- Registered AddressNo. 677 1st Floor Suite No 495 13th Cross Hsr Layout Sector – 1, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Financials of Iolitix Solutions Private Limited FY 2024 filings available
Iolitix Solutions Private Limited reported revenue of ₹1.54 Lakh for FY 2023.
Financial Statement Summary of Iolitix Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.54 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹6,600 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24,300 | •••• | •••• | •••• |
| 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 Iolitix Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.3% | •••• | •••• | •••• |
| Net Profit Margin | -15.8% | •••• | •••• | •••• |
| 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 Iolitix Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Auditor Details of Iolitix Solutions Private Limited
Iolitix Solutions Private Limited is audited by SUMATHI DORAISWAMY & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUMATHI DORAISWAMY & 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
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Board of Directors of Iolitix Solutions Private Limited
Iolitix Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parameswarareddy Somu Also directs: Redwood Infotech Private Limited, Sightseer Innovations Private Limited, Renos Software Private Limited and 1 more | Director | 04 Jul 2025 | 1 Years 3 Months | Current |
| Melapudi Raj Kumar Also directs: Renos Software Private Limited | Director | 04 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Iolitix 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
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Charges & Borrowings of Iolitix Solutions Private Limited
Iolitix Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Iolitix Solutions Private Limited
Employment history and EPFO contributions of people linked to Iolitix 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.
Recent Activity on Iolitix Solutions Private Limited
Iolitix Solutions Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Anil Kumar Pandey ceased to be Director on 04 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Iolitix 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 Iolitix 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 Iolitix 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
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GST Compliance of Iolitix Solutions Private Limited
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.
MCA Filings & Documents of Iolitix 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.
Frequently Asked Questions about Iolitix Solutions Private Limited
Iolitix Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 May 2019 (7+ years old) and is registered under CIN U74999KA2019PTC124655.
Iolitix Solutions reported revenue of ₹1.54 Lakh for FY 2023.
Iolitix Solutions has 2 current directors:
- Parameswarareddy Somu - Director
- Melapudi Raj Kumar - Director
Iolitix Solutions reported a net loss of ₹24,300 (net margin -15.8%) and EBITDA of -₹6,600 (EBITDA margin -4.3%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Iolitix Solutions is U74999KA2019PTC124655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iolitix Solutions was incorporated on 27 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Kumar Pandey ceased to be Director on 04 Jul 2025. Manipoopathy Subramaniam ceased to be Director on 04 Jul 2025. Melapudi Raj Kumar was appointed as Director on 04 Jul 2025. Iolitix Solutions has 7 board changes on record in total.
Yes, Iolitix Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Iolitix Solutions can be reached through the website iolitix.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Iolitix Solutions is at No. 677 1st Floor Suite No 495 13th Cross Hsr Layout Sector – 1, Bangalore, Karnataka, India – 560102.