About Katalyst Software Services Limited
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Katalyst Software Services Limited is a public 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 05 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2015PLC153600. Its GSTIN is 27AAFCK7288Q1ZI (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.63 Cr. It was formerly known as Katalyst Software Services Private Limited. It is led by directors including Vivek Padam Ghai (Managing Director) and Milind Rajaram Karandikar.
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 2025, the company reported a revenue of ₹121.19 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹10.37 Cr (net margin 8.6%) and EBITDA of ₹23.99 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 32% over five years.
The company has about 95 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Grexpro and Katalyst Technologies. As per MCA filings, the company has satisfied charges of ₹75 Cr on record. Court records list 20 cases involving the company, including 3 filed by the company and 17 filed against it; 2 cases are pending. The company has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹8.17 Cr; the latest was in July 2024. Its 5 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Greytip Software Private Limited with revenue of ₹125.22 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website katalysttech.com.
Company details
CIN history
Katalyst Software Services has one previous CIN (Corporate Identification Number): U72200PN2015PTC153600. The current CIN is U72200PN2015PLC153600, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PN2015PLC153600 | Current |
| U72200PN2015PTC153600 | Previous |
Contact details
Katalyst Software Services Limited's registered office is in Pune, Maharashtra. Its website is katalysttech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 101 Pentagon P4, Magarpatta City Hadapsar, Pune, Maharashtra, India – 411013
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Katalyst Software Services 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
Katalyst Software Services operates two associated brands: Grexpro and Katalyst Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers cloud-based software solutions for comprehensive business operations management. | grexpro.com | |
| Offers IT services, software products, and consulting for enterprise applications and digital commerce. | katalysttech.com |
Business activity
The main business activity of Katalyst Software Services 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 Katalyst Software Services Limited, buy the company report.
Financials of Katalyst Software Services Limited
FY 2025 filings availableKatalyst Software Services Limited reported revenue of ₹121.19 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 6% growth in the latest year. EBITDA fell 5% 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 | ₹23.99 Cr | ||||
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| Net Profit (PAT) | ₹10.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Katalyst Software Services Limited, buy the company report.
Board of directors of Katalyst Software Services Limited
Katalyst Software Services has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Rajaram Karandikar Also directs: Nova Techset Limited | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Yogesh Agarwal | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Vivek Padam Ghai Also directs: Softiq Consulting LLP, Nova Techset Limited, Brickhub Solutions Private Limited and 2 more | Managing Director | 07 Feb 2022 | 4 Years 9 Months | Current |
| Pravin Kisanrao Arote | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Krishna Rao Girish | Director | 22 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Katalyst Software Services Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software 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 |
|---|---|---|---|---|---|---|
| Greytip Software Private Limited | ₹125.22 Cr (FY 2025) | 29.0% | Bengaluru, Karnataka, India | |||
| Emergys Labs Private Limited | ₹122.03 Cr (FY 2025) | -26.0% | Pune, Maharashtra, India | |||
| Katalyst Software Services Limitedthis company | ₹121.19 Cr (FY 2025) | ₹10.37 Cr | 8.6% | 6.0% | 95 | Pune, Maharashtra, India |
| Radix Software Services Private Limited | ₹121.09 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Zafin Software Centre of Excellence Private Limited | ₹120.12 Cr (FY 2025) | -26.0% | Thiruvananthapuram, Kerala, India | |||
| Laminaar Aviation Infotech (India) Private Limited | ₹115.62 Cr (FY 2023) | 31.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Katalyst Software Services Limited, buy the company report.
Auditor
Katalyst Software Services Limited is audited by G S K A & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S K A & Co | FY 2023 | 147093W |
Shareholding
The shareholding of Katalyst Software Services Limited is on record for 5 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Katalyst Software Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2017 | 100133679 | Others | ₹75 Cr | Satisfied |
To see the full charge records of Katalyst Software Services Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Katalyst Software Services Limited has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹8.17 Cr; the latest was in July 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: Lakshdeep Investments and Finance Private Limited Seller: Khyati Realtors Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Catalyst Trusteeship Limited Seller: Milestone Trusteeship Services Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Milestone Trusteeship Services Private Limited , 3 individuals Seller: Shanghvi Finance Private Limited , 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Shanghvi Finance Private Limited Seller: Sholapur Organics Private Limited , Jeevanrekha Investrade Private Limited , Bonaire Exports Private Limited |
| Jun 2018 | Funding round | ₹8.17 Cr | Investors: 4 individuals |
To see the full deal history of Katalyst Software Services 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
Katalyst Software Services Limited has 20 court cases on record: 3 filed by Katalyst Software Services, 17 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 7 | 7 | 0 |
| NCLAT | 7 | 6 | 0 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by Yes Bank Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Milestone Trusteeship Services Pvt. Ltd. & Ors. | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by Karad Chemicals and Allied Products Private Limited Represented by Its Authorized Signatory D.P.Men | Disposed |
| Supreme Court | Court case | Filed by the company against Securities and Exchange Board of India | Pending |
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company | Disposed |
To see the full case history of Katalyst Software Services 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
Katalyst Software Services Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Katalyst Software Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Katalyst Software Services has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nova Techset Limited | U30007PN1998PLC216102 | |
| Panacea Infotech Private Limited | U72200MH2004PTC019446 |
To see the full group structure of Katalyst Software Services Limited, buy the company report.
Employees & EPFO
Katalyst Software Services Limited has a workforce of 95 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 95 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Katalyst Software Services Limited, buy the company report.
GST
Katalyst Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK7288Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Katalyst Software Services Limited, buy the company report.
Recent activity
Katalyst Software Services Limited has 39 board changes on record since 2015: 22 appointments and 17 cessations. The latest: Krishna Rao Girish was appointed as Director on 22 Aug 2024.
32 earlier events are in the company report.
News
Frequently asked questions
Katalyst Software Services is an active public 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 05 January 2015 (11+ years old) and is registered under CIN U72200PN2015PLC153600.
Katalyst Software Services has 5 current directors:
- Vivek Padam Ghai - Managing Director
- Milind Rajaram Karandikar - Director
- Yogesh Agarwal - Director
- Pravin Kisanrao Arote - Director
- Krishna Rao Girish - Director
The latest financial statements of Katalyst Software Services 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 Katalyst Software Services is 27AAFCK7288Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Katalyst Software Services is U72200PN2015PLC153600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Katalyst Software Services has 20 court cases on record: 3 filed by the company and 17 filed against it. 2 are pending. Most are in the nclt.
Katalyst Software Services was incorporated on 05 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Katalyst Software Services has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹8.17 Cr; the latest was in July 2024.
The peers of Katalyst Software Services by revenue are Greytip Software Private Limited, Emergys Labs Private Limited, Radix Software Services Private Limited, Zafin Software Centre of Excellence Private Limited, Laminaar Aviation Infotech (India) Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Krishna Rao Girish was appointed as Director on 22 Aug 2024. Madan Gopal Jalan ceased to be Nominee Director on 31 Dec 2023. Rajesh Kaul ceased to be CFO on 01 Jul 2022. Katalyst Software Services has 39 board changes on record in total.
Katalyst Software Services has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Katalyst Software Services can be reached through the website katalysttech.com. Its registered office is in Pune, Maharashtra, India.
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