About Mainstay Tech Solutions Private Limited
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Mainstay Tech Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 April 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC093981. Its GSTIN is 36AAJCM2014J1ZL (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kalyan Charan Bandari and Yanadi Rao Ghanta.
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 H.No.6 – 3 – 1217&1218/603 F. No.603 Bandariresidency Uma Nagar Kundanbagh Begumpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.42 Lakh, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 6.2%) and EBITDA of ₹3.67 Lakh (EBITDA margin 15.7%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mainstaytech.in.
Company details
CIN history
Mainstay Tech Solutions has one previous CIN (Corporate Identification Number): U72200AP2014PTC093981. The current CIN is U72200TG2014PTC093981, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2014PTC093981 | Current |
| U72200AP2014PTC093981 | Previous |
Contact details
Mainstay Tech Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is mainstaytech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.6 – 3 – 1217&1218/603 F. No.603 Bandariresidency Uma Nagar Kundanbagh Begumpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mainstay Tech 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
Business activity
The main business activity of Mainstay Tech Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mainstay Tech Solutions Private Limited, buy the company report.
Financials of Mainstay Tech Solutions Private Limited
FY 2025 filings availableMainstay Tech Solutions Private Limited reported revenue of ₹23.42 Lakh (up 84% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 84% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.67 Lakh | ||||
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| Net Profit (PAT) | ₹1.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Mainstay Tech Solutions Private Limited, buy the company report.
Board of directors of Mainstay Tech Solutions Private Limited
Mainstay Tech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyan Charan Bandari Also directs: Steerwell Private Limited | Director | 02 Apr 2014 | 12 Years 6 Months | Current |
| Yanadi Rao Ghanta | Director | 27 Dec 2018 | 7 Years 9 Months | Current |
Peer comparison
Mainstay Tech Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smartroots 360 Private Limited | ₹23.55 Lakh (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Restalgo Tech Private Limited | ₹23.52 Lakh (FY 2025) | 38.0% | Ahmedabad, Gujarat, India | |||
| Candidplay Private Limited | ₹23.45 Lakh (FY 2022) | Indore, Madhya Pradesh, India | ||||
| Giggada Technologies Private Limited | ₹23.44 Lakh (FY 2024) | 532.0% | Pune, Maharashtra, India | |||
| Un Technologies Private Limited | ₹23.42 Lakh (FY 2025) | -41.0% | Kolkata, West Bengal, India | |||
| Mainstay Tech Solutions Private Limitedthis company | ₹23.42 Lakh (FY 2023) | ₹1.45 Lakh | 6.2% | 84.0% | Hyderabad, Telangana, India | |
| Prometheus Infrasol Private Limited | ₹23.41 Lakh (FY 2024) | -15.0% | Mumbai, Maharashtra, India | |||
| Thoughtle Technologies Private Limited | ₹23.41 Lakh (FY 2025) | 116.0% | Coimbatore, Tamil Nadu, India | |||
| Cutting Chai Technologies Private Limited | ₹23.39 Lakh (FY 2023) | -75.0% | Mumbai, Maharashtra, India | |||
| Suvichar Technologies Private Limited | ₹23.37 Lakh (FY 2025) | -29.0% | Pune, Maharashtra, India | |||
| Nimagagi Technology Private Limited | ₹23.36 Lakh (FY 2025) | 6.0% | Sindagi, Karnataka, India |
To see the full peer comparison of Mainstay Tech Solutions Private Limited, buy the company report.
Auditor
Mainstay Tech Solutions Private Limited is audited by RAMASAMY KOTESWARA RAO & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMASAMY KOTESWARA RAO & CO LLP | FY 2018 | 010396S |
Shareholding
The shareholding of Mainstay Tech Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mainstay Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mainstay Tech 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 Mainstay Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mainstay Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCM2014J1ZL | Telangana | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Mainstay Tech Solutions Private Limited, buy the company report.
Recent activity
Mainstay Tech Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Yanadi Rao Ghanta ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Mainstay Tech Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 April 2014 (12+ years old) and is registered under CIN U72200TG2014PTC093981.
Mainstay Tech Solutions has 2 current directors:
- Kalyan Charan Bandari - Director
- Yanadi Rao Ghanta - Director
The latest financial statements of Mainstay Tech 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 Mainstay Tech Solutions is 36AAJCM2014J1ZL, registered in Telangana.
The CIN (Corporate Identification Number) of Mainstay Tech Solutions is U72200TG2014PTC093981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainstay Tech Solutions was incorporated on 02 April 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mainstay Tech Solutions by revenue are Smartroots 360 Private Limited, Restalgo Tech Private Limited, Candidplay Private Limited, Giggada Technologies Private Limited, Un Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Yanadi Rao Ghanta ceased to be Additional Director on 30 Sep 2019. Aditya Narsing Rao ceased to be Director on 27 Dec 2018. Yanadi Rao Ghanta was appointed as Director on 27 Dec 2018. Mainstay Tech Solutions has 4 board changes on record in total.
Mainstay Tech Solutions can be reached through the website mainstaytech.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Mainstay Tech Solutions is at H.No.6 – 3 – 1217&1218603 F. No.603 Bandariresidency Uma Nagar Kundanbagh Begumpet, Hyderabad, Telangana, India – 500016.
Mainstay Tech Solutions operates in the information technology industry, in the application development and software solutions segment.