MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0098981
Joy IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.08 Cr
▼ 16% YoY
Net profit · FY 2024
₹25.49 Lakh
Net margin 5%
EBITDA · FY 2024
₹64.37 Lakh
EBITDA margin 12.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
63
Provident fund records
About Joy IT Solutions Private Limited
Data last updated:
Joy IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Joy Infotech Consulting Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2020PTC141461. Its GSTIN is 29AAFCJ0216P1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Subramanyam Naveen Babu Vooka and Bramaramba Vooka.
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 21/1 1st Main Road Byppanahalli Extension, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.08 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹25.49 Lakh (net margin 5%) and EBITDA of ₹64.37 Lakh (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Joy IT Solutions. As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Joy IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0098981). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website joyitsolutions.co.
Company details
CIN U62099KA2020PTC141461
Registration Number 141461
Incorporation Date 25 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Joy Infotech Consulting Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0098981
CIN history
Joy IT Solutions has one previous CIN (Corporate Identification Number): U74999KA2020PTC141461. The current CIN is U62099KA2020PTC141461, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099KA2020PTC141461 | Current |
| U74999KA2020PTC141461 | Previous |
Recognitions & Rankings of Joy IT Solutions
Contact details
Joy IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is joyitsolutions.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21/1 1st Main Road Byppanahalli Extension, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Joy IT Solutions Private Limited, buy the company report.
Comprehensive company report
Joy IT Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Joy IT Solutions operates one associated brand: Joy IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions for governance, risk compliance, digital transformation, and professional services. | joyitsolutions.co |
Business activity
The main business activity of Joy IT 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Joy IT Solutions Private Limited, buy the company report.
Financials of Joy IT Solutions Private Limited
FY 2025 filings availableJoy IT Solutions Private Limited reported revenue of ₹5.08 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹5.08 Cr ▼ 16%
Net profit · FY 2024
₹25.49 Lakh margin 5%
EBITDA · FY 2024
₹64.37 Lakh margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 135%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 176%
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 135%. EBITDA rose 32% 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 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹64.37 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹25.49 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.7% | |||
| Net Profit Margin | 5% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Joy IT Solutions Private Limited, buy the company report.
Board of directors of Joy IT Solutions Private Limited
Joy IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanyam Naveen Babu Vooka | Director | 25 Nov 2020 | 5 Years 10 Months | Current |
| Bramaramba Vooka | Director | 25 Nov 2020 | 5 Years 10 Months | Current |
Peer comparison
Joy IT Solutions Private Limited is compared with the 5 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Onshape India Private Limited | ₹5.08 Cr (FY 2020) | 36.0% | Pune, Maharashtra, India | |||
| Hofincons International Private Limited | ₹5.08 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| Joy IT Solutions Private Limitedthis company | ₹5.08 Cr (FY 2024) | ₹25.49 Lakh | 5% | -16.0% | 63 | Bangalore, Karnataka, India |
| Percepta Consultancy Private Limited | ₹5.08 Cr (FY 2023) | Delhi, India | ||||
| Unifynd Technologies Private Limited | ₹5.08 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Webosmotic Private Limited | ₹5.07 Cr (FY 2024) | -2.0% | Surat, Gujarat, India |
To see the full peer comparison of Joy IT Solutions Private Limited, buy the company report.
Auditor
Joy IT Solutions Private Limited is audited by KGM Gupta & co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KGM Gupta & co | FY 2023 | 001019S |
Shareholding
The shareholding of Joy IT Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Joy IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2025 | 101167502 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 16 Feb 2023 | 100676696 | Others | ₹70 Lakh | Open |
To see the full charge records of Joy IT Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Joy IT Solutions 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 Joy IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Joy IT Solutions Private Limited has a workforce of 63 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
12.5%
GST
Joy IT Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCJ0216P1ZB | Karnataka | Active | 09 Dec 2020 |
| 33AAFCJ0216P1ZM | Tamil Nadu | Active | 06 Oct 2022 |
To see the full GST registrations and return filing status of Joy IT Solutions Private Limited, buy the company report.
Recent activity
Joy IT Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bramaramba Vooka was appointed as Director on 25 Nov 2020.
AGM
Joy It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101167502 was registered on 06 Sep 2025.
Filing
Joy It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 0.70 Cr registered on 16 Feb 2023 with Charge ID 100676696 was modified on 25 May 2023.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100676696 was registered on 16 Feb 2023.
Appointed
Bramaramba Vooka was appointed as Director.
Appointed
Subramanyam Naveen Babu Vooka was appointed as Director.
Incorporation
25 Nov 2020
Joy It Solutions Private Limited was registered on 25 Nov 2020 with Roc Bangalore & aged 5 years 10 months as per MCA records.
Frequently asked questions
Joy IT Solutions 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 25 November 2020 (6+ years old) and is registered under CIN U62099KA2020PTC141461.
Joy IT Solutions has 2 current directors:
- Subramanyam Naveen Babu Vooka - Director
- Bramaramba Vooka - Director
The latest financial statements of Joy IT 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 FY 2021 are in the company report.
The GSTIN of Joy IT Solutions is 29AAFCJ0216P1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCJ0216P1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Joy IT Solutions is U62099KA2020PTC141461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy IT Solutions was incorporated on 25 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Joy IT Solutions by revenue are Onshape India Private Limited, Hofincons International Private Limited, Percepta Consultancy Private Limited, Unifynd Technologies Private Limited, Webosmotic Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Bramaramba Vooka was appointed as Director on 25 Nov 2020. Subramanyam Naveen Babu Vooka was appointed as Director on 25 Nov 2020.
Yes, Joy IT Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0098981).
Joy IT Solutions can be reached through the website joyitsolutions.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Joy IT Solutions is at 211 1st Main Road Byppanahalli Extension, Bangalore, Karnataka, India – 560038.