MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0049761
Genesis IT Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.84 Cr
▲ 34% YoY
Net profit · FY 2025
₹4.69 Cr
Net margin 4.5%
EBITDA · FY 2025
₹8.51 Cr
EBITDA margin 8.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.31 Cr
Issued & subscribed
Open charges
₹29.68 Cr
Satisfied ₹23.66 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
128
Provident fund records
About Genesis IT Innovations Private Limited
Data last updated:
Genesis IT Innovations 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 27 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026776. Its GSTIN is 29AABCG1365Q1Z4 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.31 Cr. It was formerly known as Genesis It Innovations Limited. It is led by directors including Parthasarathy Madhiraju and Prateek Madhiraju.
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. 17 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.84 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.69 Cr (net margin 4.5%) and EBITDA of ₹8.51 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Genesis IT Innovations. As per MCA filings, the company has open charges of ₹29.68 Cr and satisfied charges of ₹23.66 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2019. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 5 micro and small suppliers.
Genesis IT Innovations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049761). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gitil.com.
Company details
CIN U72200KA2000PTC026776
Registration Number 026776
Incorporation Date 27 March 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0049761
CIN history
Genesis IT Innovations has one previous CIN (Corporate Identification Number): U72200KA2000PLC026776. The current CIN is U72200KA2000PTC026776, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2000PTC026776 | Current |
| U72200KA2000PLC026776 | Previous |
Recognitions & Rankings of Genesis IT Innovations
Contact details
Genesis IT Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is gitil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 17 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560052
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
To see the full contact details of Genesis IT Innovations Private Limited, buy the company report.
Comprehensive company report
Genesis IT Innovations Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Genesis IT Innovations operates one associated brand: Genesis IT Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive brand and digital display services for businesses. | gitil.com |
Business activity
The main business activities of Genesis IT Innovations are trade and support service to organizations. In detail, this covers wholesale trading and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Genesis IT Innovations Private Limited, buy the company report.
Financials of Genesis IT Innovations Private Limited
FY 2025 filings availableGenesis IT Innovations Private Limited reported revenue of ₹104.84 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹104.84 Cr ▲ 34%
Net profit · FY 2025
₹4.69 Cr margin 4.5%
EBITDA · FY 2025
₹8.51 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 33%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 68%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 34% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹104.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.69 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Genesis IT Innovations Private Limited, buy the company report.
Board of directors of Genesis IT Innovations Private Limited
Genesis IT Innovations has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthasarathy Madhiraju Also directs: Skartio AI Cloud Private Limited | Director | 04 Nov 2006 | 19 Years 11 Months | Current |
| Prateek Madhiraju | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Uma Raju Also directs: Hofc Private Limited, Tall Exit Ventures Private Limited | Director | 22 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Genesis IT Innovations Private Limited is audited by GUNASHEELA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUNASHEELA & ASSOCIATES | FY 2023 | 011931S |
Shareholding
The shareholding of Genesis IT Innovations Private 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Genesis IT Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.68 Cr
Satisfied charges
₹23.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101129006 | Others | ₹6.7 Cr | Open | |
| 17 Oct 2022 | 100626822 | Axis Bank Limited | ₹80 Lakh | Open | |
| 17 Jun 2022 | 100583028 | Others | ₹10 Lakh | Open | |
| 25 Mar 2015 | 10563893 | State Bank of India | ₹14.58 Cr | Open | |
| 20 Nov 2009 | 10188813 | State Bank of Mysore | ₹7.5 Cr | Open |
To see the full charge records of Genesis IT Innovations Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Genesis IT Innovations Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2019.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Genesis IT Innovations Private Limited has 18 court cases on record: 12 filed by Genesis IT Innovations, 6 filed against it. 2 cases are pending and 16 are disposed.
Total cases
18
Filed by the company
12
Filed against the company
6
Pending
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 0 |
| District courts | 7 | 0 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Isdc Services India Pvt Ltd and 2 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Isdc Services India Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Isdc Services India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Revision petition | Filed by the company against Unknown | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Genesis IT Innovations Private 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.
Credit ratings & regulatory alerts
Genesis IT Innovations Private Limited was last rated by Brickwork on 07 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 07 Jun 2021 |
To see the full credit ratings and regulatory alerts of Genesis IT Innovations Private Limited, buy the company report.
MSME payment delays
Genesis IT Innovations Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 5 micro and small suppliers. 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nvincy Solutions Private Limited | |||
| Pro Radio Networks LLP | |||
| Pas Freight Service | |||
| Exodus Information Technology Private Limited |
To see the full MSME payment records of Genesis IT Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Genesis IT Innovations Private Limited has a workforce of 128 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
128
Active EPFO establishments
1
Employee growth
34.74%
GST
Genesis IT Innovations has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG1365Q1Z4 | Karnataka | Active | 01 Jul 2017 |
| 27AABCG1365Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCG1365Q1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Genesis IT Innovations Private Limited, buy the company report.
Recent activity
Genesis IT Innovations Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Prateek Madhiraju ceased to be Additional Director on 31 Dec 2020.
AGM
Genesis It Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.70 Cr with Charge ID 101129006 was registered on 27 Jun 2025.
Filing
Genesis It Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 14.58 Cr registered on 25 Mar 2015 with Charge ID 10563893 was modified on 06 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100626822 was registered on 17 Oct 2022.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100583028 was registered on 17 Jun 2022.
Ceased
Prateek Madhiraju ceased to be Additional Director.
Ceased
Shylakumar Balu ceased to be Director.
Appointed
Prateek Madhiraju was appointed as Director.
Charges
A charge registered on 13 Jan 2014 via Charge ID 10474425 with State Bank Of Mysore was fully satisfied on 12 Jul 2019.
Charges
A charge registered on 10 Aug 2012 via Charge ID 10372895 with State Bank Of Mysore was fully satisfied on 12 Jul 2019.
Ceased
Parthasarathy Madhiraju ceased to be Additional Director.
13 earlier events are in the company report.
Frequently asked questions
Genesis IT Innovations 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 27 March 2000 (26+ years old) and is registered under CIN U72200KA2000PTC026776.
Genesis IT Innovations has 3 current directors:
- Parthasarathy Madhiraju - Director
- Prateek Madhiraju - Director
- Uma Raju - Director
The latest financial statements of Genesis IT Innovations 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 Genesis IT Innovations is 29AABCG1365Q1Z4, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCG1365Q1Z8 (Maharashtra), 33AABCG1365Q1ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Genesis IT Innovations is U72200KA2000PTC026776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genesis IT Innovations has 18 court cases on record: 12 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Genesis IT Innovations was incorporated on 27 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Genesis IT Innovations has 3 deals on record (3 secondary share transfers); the latest was in March 2019.
Prateek Madhiraju ceased to be Additional Director on 31 Dec 2020. Shylakumar Balu ceased to be Director on 27 Feb 2020. Prateek Madhiraju was appointed as Director on 24 Feb 2020. Genesis IT Innovations has 7 board changes on record in total.
Yes, Genesis IT Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0049761).
Genesis IT Innovations has 6 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 5 micro and small suppliers. The latest return was filed on 15 Jun 2022.