Maithravaruna Software Solutions Private Limited
About Maithravaruna Software Solutions Private Limited
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Maithravaruna Software Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC150943. Its GSTIN is 29AAOCM8905D1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramaseshu Ayyagari and Ayyagari Vaishali.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1548/20/1 Junnasandra, Bengaluru, Karnataka, India – 560035.
As per the financials filed for FY 2024, the company reported a revenue of ₹30,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹63,860 (net margin -212.9%) and EBITDA of -₹63,860 (EBITDA margin -212.9%).
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- Registered Address1548/20/1 Junnasandra, Bengaluru, Karnataka, India – 560035
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Maithravaruna Software Solutions Private Limited
The main business activity of Maithravaruna Software Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maithravaruna Software Solutions Private Limited FY 2024 filings available
Maithravaruna Software Solutions Private Limited reported revenue of ₹30,000 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maithravaruna Software Solutions Private Limited
Revenue fell 98% in the latest year. EBITDA fell 565% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Maithravaruna Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹63,860 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63,860 | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Maithravaruna Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -212.9% | •••• | •••• |
| Net Profit Margin | -212.9% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maithravaruna Software Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agrini Infosolutions Private Limited | ₹30,862 (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Samkit Technologies Private Limited | ₹30,160 (FY 2024) | •••• | •••• | -86.0% | •••• | Mumbai, Maharashtra, India |
| Abheri Technologies Private Limited | ₹30,112 (FY 2025) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Innovatit Solutions (India) Private Limited | ₹30,047 (FY 2025) | •••• | •••• | 18.0% | •••• | Guntur, Andhra Pradesh, India |
| Maithravaruna Software Solutions Private Limited this company | ₹30,000 (FY 2024) | •••• | •••• | -98.0% | •••• | Bengaluru, Karnataka, India |
| Mra Software Private Limited | ₹30,000 (FY 2024) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Kubera IT Solutions Private Limited | ₹30,000 (FY 2022) | •••• | •••• | •••• | Greater Noida, Uttar Pradesh, India | |
| Deven Infotech Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -99.0% | •••• | Aurangabad, Maharashtra, India |
| Induswork Technologies Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Vayusoft Labs Private Limited | ₹30,000 (FY 2025) | •••• | •••• | 150.0% | •••• | Kalyanpur, Uttar Pradesh, India |
| Viraj Infosystems Private Limited | ₹30,000 (FY 2021) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maithravaruna Software Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaseshu Ayyagari | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
| Ayyagari Vaishali | Director | 30 Nov 2022 | 3 Years 10 Months | Current |
Charges & Borrowings of Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maithravaruna Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Maithravaruna Software Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Ayyagari Vaishali was appointed as Director on 30 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Maithravaruna Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maithravaruna Software Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maithravaruna Software Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM8905D1Z4 | Karnataka | Active | 25 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maithravaruna Software Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maithravaruna Software Solutions Private Limited
Maithravaruna Software Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 August 2021 (5+ years old) and is registered under CIN U72900KA2021PTC150943.
Maithravaruna Software Solutions reported revenue of ₹30,000 for FY 2024 (down 98% YoY).
Maithravaruna Software Solutions has 2 current directors:
- Ramaseshu Ayyagari - Director
- Ayyagari Vaishali - Director
Maithravaruna Software Solutions reported a net loss of ₹63,860 (net margin -212.9%) and EBITDA of -₹63,860 (EBITDA margin -212.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Maithravaruna Software Solutions is 29AAOCM8905D1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Maithravaruna Software Solutions is U72900KA2021PTC150943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maithravaruna Software Solutions was incorporated on 23 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maithravaruna Software Solutions by revenue are Agrini Infosolutions Private Limited, Samkit Technologies Private Limited, Abheri Technologies Private Limited, Innovatit Solutions (India) Private Limited, Mra Software Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ayyagari Vaishali was appointed as Director on 30 Nov 2022. Naga Prathyusha Ganti ceased to be Director on 30 Nov 2022. Ramaseshu Ayyagari was appointed as Director on 23 Aug 2021.
The registered office of Maithravaruna Software Solutions is at 1548201 Junnasandra, Bengaluru, Karnataka, India – 560035.
Maithravaruna Software Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.