About Memryx Solutions Private Limited
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Memryx Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Memryx Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 October 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC166872. Its GSTIN is 29AAQCM2614M1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shabbir Haider and Keith Ian Kressin.
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 No.4 A & B Gold Nest Wind Tunnel Road Murugeshpalya, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.29 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 10.2%) and EBITDA of ₹1.46 Cr (EBITDA margin 14.1%).
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MemryX.
For more details, the company can be reached via its website memryx.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.4 A & B Gold Nest Wind Tunnel Road Murugeshpalya, Bangalore, Karnataka, India – 560017
- 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 Memryx Solutions Private Limited
The main business activity of Memryx Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Memryx Solutions Private Limited FY 2025 filings available
Memryx Solutions Private Limited reported revenue of ₹10.29 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Memryx Solutions Private Limited
Revenue rose 34% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Memryx Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹1.46 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 Cr | •••• | •••• |
| 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 Memryx Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.1% | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• |
| 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 Memryx Solutions are in the company report.
Financial statements from FY 2023
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 Memryx Solutions Private Limited
Memryx 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 |
|---|---|---|---|---|---|---|
| Buzzboard India Private Limited | ₹10.38 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Cadvision Engineers Private Limited | ₹10.37 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Stigasoft Private Limited | ₹10.32 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Skmtek Private Limited | ₹10.31 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Medialab 3D Solutions Private Limited | ₹10.29 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Memryx Solutions Private Limited this company | ₹10.29 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Eclat Engineering Private Limited | ₹10.28 Cr (FY 2024) | •••• | •••• | 156.0% | •••• | Ahmedabad, Gujarat, India |
| Trndigital Consulting Private Limited | ₹10.26 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Mobiloitte Technologies India Private Limited | ₹10.26 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | New Delhi, Delhi, India |
| Soft Prodigy System S0lutions Private Limited | ₹10.26 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Mohali, Punjab, India |
| Vigyanlabs Innovations Private Limited | ₹10.24 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Memryx 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.
Auditor Details of Memryx Solutions Private Limited
Memryx Solutions Private Limited is audited by Shobha & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shobha & 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 Memryx Solutions Private Limited
Memryx 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 |
|---|---|---|---|---|
| Shabbir Haider | Director | 19 Aug 2024 | 2 Years 1 Months | Current |
| Keith Ian Kressin | Director | 10 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Memryx Solutions 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 Memryx Solutions Private Limited
Memryx Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Memryx Solutions Private Limited
Memryx Solutions operates one associated brand: MemryX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Neural network inference chips are provided for edge computing applications. | memryx.com |
Employees and EPFO Compliance at Memryx Solutions Private Limited
Memryx Solutions Private Limited has a workforce of 6 employees as of Apr 01, 2024.
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 Memryx Solutions Private Limited
Memryx Solutions Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Puneet Singh ceased to be Director on 11 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Memryx 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 Memryx 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 Memryx 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 Memryx Solutions Private Limited
Memryx Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCM2614M1ZX | Karnataka | Active | 31 Dec 2022 |
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 Memryx 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 Memryx Solutions Private Limited
Memryx Solutions is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 October 2022 (4+ years old) and is registered under CIN U72900KA2022FTC166872.
Memryx Solutions reported revenue of ₹10.29 Cr for FY 2025 (up 34% YoY).
Memryx Solutions has 2 current directors:
- Shabbir Haider - Director
- Keith Ian Kressin - Director
Memryx Solutions reported a net profit of ₹1.05 Cr (net margin 10.2%) and EBITDA of ₹1.46 Cr (EBITDA margin 14.1%) for FY 2025, as per its filed financial statements.
The GSTIN of Memryx Solutions is 29AAQCM2614M1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Memryx Solutions is U72900KA2022FTC166872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Memryx Solutions was incorporated on 10 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Memryx Solutions by revenue are Buzzboard India Private Limited, Cadvision Engineers Private Limited, Stigasoft Private Limited, Skmtek Private Limited, Medialab 3D Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Puneet Singh ceased to be Director on 11 Jun 2025. Sushmita Chowdhury ceased to be Director on 14 Dec 2024. Shabbir Haider was appointed as Director on 19 Aug 2024. Memryx Solutions has 6 board changes on record in total.
Memryx Solutions can be reached through the website memryx.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Memryx Solutions is at No.4 A & B Gold Nest Wind Tunnel Road Murugeshpalya, Bangalore, Karnataka, India – 560017.