About Itech Business Solutions Private Limited
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Itech Business Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2008PTC131808. Its GSTIN is 27AAACQ1726E3ZP (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Quadrabiz Technology & Consulting Solutions Private Limited. It is led by directors Arti Shailendra Phatak and Shailendra Shankar Phatak.
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 8/4 Banali Apartment Karve Road Nal Stop, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.17 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹33.43 Lakh (net margin -28.5%) and EBITDA of ₹13.81 Lakh (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The company is associated with 1 brand: iTech Business Solutions. As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itechbusiness.co.in.
Company details
Contact details
Itech Business Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is itechbusiness.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/4 Banali Apartment Karve Road Nal Stop, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Itech Business Solutions 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
Brands
Itech Business Solutions operates one associated brand: iTech Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software development, enterprise automation, and IT consulting services globally. | itechbusiness.co.in |
Business activity
The main business activity of Itech Business 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Itech Business Solutions Private Limited, buy the company report.
Financials of Itech Business Solutions Private Limited
FY 2025 filings availableItech Business Solutions Private Limited reported revenue of ₹1.17 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 32% fall in the latest year. EBITDA fell 82% 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 |
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| EBITDA | ₹13.81 Lakh | ||||
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| Net Profit (PAT) | -₹33.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | -28.5% | ||||
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To see the full financial statements and ratios of Itech Business Solutions Private Limited, buy the company report.
Board of directors of Itech Business Solutions Private Limited
Itech Business Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arti Shailendra Phatak Also directs: Athlex Innovations Private Limited | Director | 30 Nov 2008 | 17 Years 10 Months | Current |
| Shailendra Shankar Phatak Also directs: Athlex Innovations Private Limited | Director | 11 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Itech Business Solutions Private Limited is audited by PRAKASH S SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH S SHAH & CO | FY 2022 | 123917W |
Shareholding
The shareholding of Itech Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Itech Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100026621 | Bank of India | ₹40 Lakh | Open |
To see the full charge records of Itech Business Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Itech Business Solutions Private Limited has 1 court case on record: 1 filed by Itech Business Solutions. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Ms Gennex Business Technologies | Pending |
To see the full case history of Itech Business Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Itech Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Itech Business Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ1726E3ZP | Maharashtra | Active | 19 Aug 2017 |
To see the full GST registrations and return filing status of Itech Business Solutions Private Limited, buy the company report.
Recent activity
Itech Business Solutions Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Bhushan Ramchandra Marde ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Itech Business Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 April 2008 (18+ years old) and is registered under CIN U72900PN2008PTC131808.
Itech Business Solutions has 2 current directors:
- Arti Shailendra Phatak - Director
- Shailendra Shankar Phatak - Director
The latest financial statements of Itech Business 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 2015 are in the company report.
The GSTIN of Itech Business Solutions is 27AAACQ1726E3ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Itech Business Solutions is U72900PN2008PTC131808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itech Business Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Itech Business Solutions was incorporated on 11 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Bhushan Ramchandra Marde ceased to be Additional Director on 30 Sep 2015. Arti Shailendra Phatak ceased to be Additional Director on 10 Oct 2009. Sameer Madhukar Oak ceased to be Director on 15 Dec 2008. Itech Business Solutions has 5 board changes on record in total.
Itech Business Solutions can be reached through the website itechbusiness.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Itech Business Solutions is at 84 Banali Apartment Karve Road Nal Stop, Pune, Maharashtra, India – 411004.