Masterit Software Solutions and Services Private Limited
About Masterit Software Solutions and Services Private Limited
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Masterit Software Solutions and Services 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 10 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2016PTC086849.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Abfm Services Private Limited and Team24 Technologies Private Limited. It is led by directors including Nageswara Rao Rajavarapu and Swathi Appana.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.14 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 2.7%) and EBITDA of ₹2.28 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressVasavi Vantage Flat 206 Lakshmi Narashimhaswamy Temple Green House Layout Doddathogur, Electroni, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Masterit Software Solutions and Services Private Limited
The main business activity of Masterit Software Solutions and Services is information and communication. In detail, this covers publishing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 58 | Publishing activities | 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 Masterit Software Solutions and Services Private Limited FY 2024 filings available
Masterit Software Solutions and Services Private Limited reported revenue of ₹56.14 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Masterit Software Solutions and Services Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 31% 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 of Masterit Software Solutions and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.49 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Masterit Software Solutions and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Masterit Software Solutions and Services are in the company report.
Financial statements from FY 2016
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.
Auditor Details of Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services Private Limited is audited by ANJI REDDY PUTLURI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANJI REDDY PUTLURI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nageswara Rao Rajavarapu | Director | 10 Mar 2016 | 10 Years 6 Months | Current |
| Swathi Appana | Director | 04 May 2016 | 10 Years 5 Months | Current |
| Purnaiah Rajavarapu | Director | 10 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Masterit Software Solutions and Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Masterit Software Solutions and Services Private Limited
Employment history and EPFO contributions of people linked to Masterit Software Solutions and Services.
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.
Name History of Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services has undergone 2 name changes throughout its history. The company was previously known as Abfm Services Private Limited, and Team24 Technologies Private Limited. The current legal name is Masterit Software Solutions And Services Private Limited.
| Company Name | Status |
|---|---|
| Masterit Software Solutions and Services Private Limited | Current |
| Abfm Services Private Limited | Previous |
| Team24 Technologies Private Limited | Previous |
CIN History of Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services has one previous CIN (Corporate Identification Number): U74900KA2016PTC086849. The current CIN is U72100KA2016PTC086849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2016PTC086849 | Current |
| U74900KA2016PTC086849 | Previous |
Recent Activity on Masterit Software Solutions and Services Private Limited
Director changes at Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Swathi Appana ceased to be Director on 08 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Masterit Software Solutions and Services 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 Masterit Software Solutions and Services 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 Masterit Software Solutions and Services 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 Masterit Software Solutions and Services Private Limited
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 Masterit Software Solutions and Services 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 Masterit Software Solutions and Services Private Limited
Masterit Software Solutions and Services 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 10 March 2016 (10+ years old) and is registered under CIN U72100KA2016PTC086849.
Masterit Software Solutions and Services reported revenue of ₹56.14 Lakh for FY 2025 (down 2% YoY).
Masterit Software Solutions and Services has 3 current directors:
- Nageswara Rao Rajavarapu - Director
- Swathi Appana - Director
- Purnaiah Rajavarapu - Director
Masterit Software Solutions and Services reported a net profit of ₹1.49 Lakh (net margin 2.7%) and EBITDA of ₹2.28 Lakh (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masterit Software Solutions and Services is -5% over three years and 22% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Masterit Software Solutions and Services is U72100KA2016PTC086849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masterit Software Solutions and Services was incorporated on 10 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Swathi Appana ceased to be Director on 08 Nov 2025. Swathi Appana was appointed as Director on 04 May 2016. Nageswara Rao Rajavarapu was appointed as Director on 10 Mar 2016. Masterit Software Solutions and Services has 4 board changes on record in total.
The registered office of Masterit Software Solutions and Services is at Vasavi Vantage Flat 206 Lakshmi Narashimhaswamy Temple Green House Layout Doddathogur, Electroni, Bangalore, Karnataka, India – 560100.
Masterit Software Solutions and Services has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.