About Itti Private Limited
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Itti Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1993PTC013972. Its GSTIN is 29AAACI4114Q1ZA (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.58 Cr. It is led by directors including Anna Thomas Chacko and Lalit Kumar Sawhney.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.08 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹64.79 Lakh (net margin -2.5%) and EBITDA of -₹33.61 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in February 2020. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Vignet IT Solutions Private Limited with revenue of ₹26.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itti.com.
Company details
Contact details
Itti Private Limited's registered office is in Bangalore, Karnataka. Its website is itti.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSri Gurukrupa Complex 2nd Floor No. 447/A, 9th Cross II Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Itti 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
Business activity
The main business activity of Itti 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Itti Private Limited, buy the company report.
Financials of Itti Private Limited
FY 2025 filings availableItti Private Limited reported revenue of ₹26.08 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 94% 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 | -₹33.61 Lakh | ||||
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| Net Profit (PAT) | -₹64.79 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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| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Itti Private Limited, buy the company report.
Board of directors of Itti Private Limited
Itti has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anna Thomas Chacko | Director | 20 Nov 2000 | 25 Years 11 Months | Current |
| Lalit Kumar Sawhney | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Joseph Pookkatt Also directs: Verdant Holiday Destination Private Limited, Digiesign Private Limited, Staram Analytics Private Limited and 5 more | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Harsha Bangalore Narayanappa | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Shivaram Venkitasubramaniam Tripunithura Also directs: Indus Venture Management Private Ltd | Director | 17 Sep 2024 | 2 Years 1 Months | Current |
| Bhaskar Devanga Chandrashekar | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Itti Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vignet IT Solutions Private Limited | ₹26.25 Cr (FY 2025) | -28.0% | Pune, Maharashtra, India | |||
| Kplus Infotech Private Limited | ₹26.22 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Itti Private Limitedthis company | ₹26.08 Cr (FY 2025) | -₹64.79 Lakh | -2.5% | 10.0% | 152 | Bangalore, Karnataka, India |
| Acceltree Software Private Limited | ₹25.76 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India |
To see the full peer comparison of Itti Private Limited, buy the company report.
Auditor
Itti Private Limited is audited by RAJAGOPAL & BADRI NARAYANAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGOPAL & BADRI NARAYANAN | FY 2023 | 003024S |
Shareholding
The shareholding of Itti Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itti Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2015 | 10545375 | Kotak Mahindra Bank Limited | ₹4 Cr | Satisfied | |
| 20 Jan 2005 | 80046694 | Development Credit Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Itti Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Itti Private Limited has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in February 2020.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Exodus Technologies Private Limited , 3 individuals |
| Jun 2018 | Acquisition | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Itti Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Itti Private Limited has 9 court cases on record: 1 filed by Itti, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| Supreme Court | 4 | 4 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Income Tax (Appeals) | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Commissioner of Income Tax Central Circle C.R. Building, Queens Road , District: Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by The Commissioner of Income Tax Central Circle C.R. Building, Queens Road , District: Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Itti 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 Itti Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Itti Private Limited has a workforce of 152 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Itti has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4114Q1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Itti Private Limited, buy the company report.
Recent activity
Itti Private Limited has 18 board changes on record since 1993: 12 appointments and 6 cessations. The latest: Harsha Bangalore Narayanappa was appointed as Director on 05 Dec 2024.
15 earlier events are in the company report.
Frequently asked questions
Itti is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 February 1993 (33+ years old) and is registered under CIN U72200KA1993PTC013972.
Itti has 6 current directors:
- Anna Thomas Chacko - Director
- Lalit Kumar Sawhney - Director
- Joseph Pookkatt - Director
- Harsha Bangalore Narayanappa - Director
- Shivaram Venkitasubramaniam Tripunithura - Director
- Bhaskar Devanga Chandrashekar - Director
The latest financial statements of Itti on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Itti is 29AAACI4114Q1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Itti is U72200KA1993PTC013972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itti has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the high courts.
Itti was incorporated on 05 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Itti has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in February 2020.
The peers of Itti by revenue are Vignet IT Solutions Private Limited, Kplus Infotech Private Limited, Acceltree Software Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Harsha Bangalore Narayanappa was appointed as Director on 05 Dec 2024. Shivaram Venkitasubramaniam Tripunithura was appointed as Director on 17 Sep 2024. Bhaskar Devanga Chandrashekar was appointed as Director on 23 Aug 2024. Itti has 18 board changes on record in total.
Itti can be reached through the website itti.com. Its registered office is in Bangalore, Karnataka, India.
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