MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-08-0011797
Grayeye IT Systems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹202.31 Cr
▲ 86% YoY
Net profit · FY 2025
₹2.52 Cr
Net margin 1.2%
EBITDA · FY 2025
₹4.59 Cr
EBITDA margin 2.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹15.87 Cr
Satisfied ₹2 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Grayeye IT Systems Private Limited
Data last updated:
Grayeye IT Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC104258. Its GSTIN is 33AAGCG2959R1ZY (Tamil Nadu). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Grayeye It Systems Private Limited (Opc). It is led by directors Thirunavukkarasu Ramasamy and Sasidharan Nair Jinu.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹202.31 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹2.52 Cr (net margin 1.2%) and EBITDA of ₹4.59 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 231% over three years and 102% over five years.
The company is associated with 1 brand: Grayeye IT Systems. As per MCA filings, the company has open charges of ₹15.87 Cr and satisfied charges of ₹2 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
Grayeye IT Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-08-0011797). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grayeyeit.com.
Company details
CIN U72900TN2016PTC104258
Registration Number 104258
Incorporation Date 19 February 2016
ROC Chennai
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 MSME
Udyam Registration UDYAM-TN-08-0011797
CIN history
Grayeye IT Systems has one previous CIN (Corporate Identification Number): U72900TN2016OPC104258. The current CIN is U72900TN2016PTC104258, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2016PTC104258 | Current |
| U72900TN2016OPC104258 | Previous |
Recognitions & Rankings of Grayeye IT Systems
Contact details
Grayeye IT Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is grayeyeit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address189 Second Floor The Ark Omr, Rajiv Gandhi Salai Sholinganallur, Chennai, Tamil Nadu, India – 600119
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Grayeye IT Systems Private Limited, buy the company report.
Comprehensive company report
Grayeye IT Systems 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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Brands
Grayeye IT Systems operates one associated brand: Grayeye IT Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting and services, including custom software development, communication, and network security solutions. | grayeyeit.com |
Business activity
The main business activity of Grayeye IT Systems is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Grayeye IT Systems Private Limited, buy the company report.
Financials of Grayeye IT Systems Private Limited
FY 2025 filings availableGrayeye IT Systems Private Limited reported revenue of ₹202.31 Cr (up 86% YoY) for FY 2025.
Revenue · FY 2025
₹202.31 Cr ▲ 86%
Net profit · FY 2025
₹2.52 Cr margin 1.2%
EBITDA · FY 2025
₹4.59 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 231%
5 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▲ 673%
3 years · compounded
▲ 162%
5 years · compounded
▲ 126%
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 86% growth in the latest year. EBITDA rose 673% 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 | ₹202.31 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.52 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 | 2.3% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Grayeye IT Systems Private Limited, buy the company report.
Board of directors of Grayeye IT Systems Private Limited
Grayeye IT Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirunavukkarasu Ramasamy | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Sasidharan Nair Jinu | Additional Director | 24 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Grayeye IT Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grayeye IT Systems Private Limitedthis company | ₹202.31 Cr (FY 2025) | ₹2.52 Cr | 1.2% | 86.0% | Chennai, Tamil Nadu, India | |
| Shorea Softech Private Limited | ₹109.42 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Eagleview Solutions Private Limited | ₹109.18 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Pai Platforms Private Limited | ₹108.96 Cr (FY 2025) | -29.0% | Delhi, India | |||
| Homeward Residential Corporation India Private Limited | ₹108.92 Cr (FY 2015) | Bangalore, Karnataka, India | ||||
| Arcserve India Software Solutions Private Limited | ₹108.13 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Nexgen Digital Infrastructures Private Limited | ₹107.81 Cr (FY 2025) | -28.0% | Jaipur, Rajasthan, India | |||
| Sri Mookambika Infosolutions Private Limited | ₹107.36 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Ascendum Solutions India Private Limited | ₹106.89 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Hansen Systems Private Limited | ₹106.52 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Grayeye IT Systems Private Limited, buy the company report.
Auditor
Grayeye IT Systems Private Limited is audited by RITESH JHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RITESH JHA & CO | FY 2023 | 313057 |
Shareholding
The shareholding of Grayeye IT Systems 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grayeye IT Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.87 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2025 | 101211808 | Canara Bank | ₹56.6 Lakh | Open | |
| 26 May 2025 | 101101864 | Bank of India | ₹12 Cr | Open | |
| 08 May 2025 | 101100951 | Others | ₹2 Cr | Open | |
| 24 Dec 2024 | 101070043 | Bank of India | ₹1.3 Cr | Open | |
| 18 Oct 2023 | 100809934 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Grayeye IT Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Grayeye IT Systems Private Limited has 6 court cases on record: 3 filed by Grayeye IT Systems, 3 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against M/S Beetel Teletech Limited | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Synfocom System LLP and 1 Anr,(63Rd Court,Andheri,Mumbai) | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Synfocom System LLP | Pending |
To see the full case history of Grayeye IT Systems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grayeye IT Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grayeye IT Systems has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCG2959R1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAGCG2959R1ZQ | Andhra Pradesh | Active | 21 May 2024 |
| 27AAGCG2959R1ZR | Maharashtra | Active | 24 Mar 2025 |
| 09AAGCG2959R1ZP | Uttar Pradesh | Active | 01 Apr 2025 |
To see the full GST registrations and return filing status of Grayeye IT Systems Private Limited, buy the company report.
Recent activity
Grayeye IT Systems Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Sedhurpandiyan Rajapandiyan ceased to be Director on 26 Apr 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.57 Cr with Charge ID 101211808 was registered on 03 Dec 2025.
AGM
Grayeye It Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 18 Oct 2023 via Charge ID 100809934 with Hdfc Bank Limited was fully satisfied on 28 May 2025.
Charges
A charge with Bank Of India amounted to Rs. 12.00 Cr with Charge ID 101101864 was registered on 26 May 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101100951 was registered on 08 May 2025.
Filing
Grayeye It Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Bank Of India amounted to Rs. 1.30 Cr with Charge ID 101070043 was registered on 24 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100809934 was registered on 18 Oct 2023.
Ceased
Sedhurpandiyan Rajapandiyan ceased to be Director.
Appointed
Sasidharan Nair Jinu was appointed as Additional Director.
Appointed
Thirunavukkarasu Ramasamy was appointed as Director.
Ceased
Thomas Michael Antony ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Grayeye IT Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under CIN U72900TN2016PTC104258.
Grayeye IT Systems has 2 current directors:
- Thirunavukkarasu Ramasamy - Director
- Sasidharan Nair Jinu - Additional Director
The latest financial statements of Grayeye IT Systems 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 FY 2016 are in the company report.
The GSTIN of Grayeye IT Systems is 33AAGCG2959R1ZY, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 37AAGCG2959R1ZQ (Andhra Pradesh), 27AAGCG2959R1ZR (Maharashtra), 09AAGCG2959R1ZP (Uttar Pradesh).
The CIN (Corporate Identification Number) of Grayeye IT Systems is U72900TN2016PTC104258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grayeye IT Systems has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Grayeye IT Systems was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Grayeye IT Systems by revenue are Shorea Softech Private Limited, Eagleview Solutions Private Limited, Pai Platforms Private Limited, Homeward Residential Corporation India Private Limited, Arcserve India Software Solutions Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Sedhurpandiyan Rajapandiyan ceased to be Director on 26 Apr 2023. Sasidharan Nair Jinu was appointed as Additional Director on 24 Apr 2023. Thirunavukkarasu Ramasamy was appointed as Director on 16 May 2022. Grayeye IT Systems has 5 board changes on record in total.
Yes, Grayeye IT Systems is registered as an MSME under Udyam registration (number: UDYAM-TN-08-0011797).
Grayeye IT Systems can be reached through the website grayeyeit.com. Its registered office is in Chennai, Tamil Nadu, India.
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