Nagalakshmi Tech Solutions Private Limited
About Nagalakshmi Tech Solutions Private Limited
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Nagalakshmi Tech Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2011PTC082787. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹100. It is led by directors Vikram Bandaru and Ravichandra Reddy Bandi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 2 Door No 256 Nagarajan Street T.V. Nagaraja Iyer Street East Tambaram, Chennai, Tamil Nadu, India – 600059.
As per the financials filed for FY 2022, the company reported a revenue of ₹11,495, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹101 (net margin 0.9%) and EBITDA of ₹251 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 76% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nagalakshmi Tech Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 2 Door No 256 Nagarajan Street T.V. Nagaraja Iyer Street East Tambaram, Chennai, Tamil Nadu, India – 600059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nagalakshmi Tech Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Nagalakshmi Tech Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Nagalakshmi Tech Solutions Private Limited, buy the company report.
Financials of Nagalakshmi Tech Solutions Private Limited
FY 2022 filings availableNagalakshmi Tech Solutions Private Limited reported revenue of ₹11,495 (up 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 76%. EBITDA fell 43% 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
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| EBITDA | ₹251 | ||||
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| Net Profit (PAT) | ₹101 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Nagalakshmi Tech Solutions Private Limited, buy the company report.
Board of directors of Nagalakshmi Tech Solutions Private Limited
Nagalakshmi Tech Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Bandaru Also directs: Terafin Infotech Private Limited | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
| Ravichandra Reddy Bandi Also directs: Terafin Infotech Private Limited | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
Peer comparison
Nagalakshmi Tech Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M S G Technicalsolution Private Limited | ₹12,095 (FY 2024) | -53.0% | Chandauli, Uttar Pradesh, India | |||
| Dezilr Tech Online Private Limited | ₹12,052 (FY 2020) | New Delhi, Delhi, India | ||||
| Stanza Infotech Private Limited | ₹12,000 (FY 2025) | -70.0% | Ponda, Goa, India | |||
| Acer Investments and Consultancy Private Limited | ₹12,000 (FY 2018) | Ernakulam, Kerala, India | ||||
| Crypto Secure Solutions Private Limited | ₹11,571 (FY 2018) | Dehradun, Uttarakhand, India | ||||
| Nagalakshmi Tech Solutions Private Limitedthis company | ₹11,495 (FY 2022) | ₹101 | 0.9% | 20.0% | 12 | Chennai, Tamil Nadu, India |
| Meme Interactive Private Limited | ₹11,320 (FY 2020) | -92.0% | Kolkata, West Bengal, India | |||
| Doccine Private Limited | ₹11,200 (FY 2024) | Surat, Gujarat, India | ||||
| Iprivato Technologies Private Limited | ₹11,200 (FY 2017) | 12.0% | Jaipur, Rajasthan, India | |||
| Vistaas Digital Media Private Limited | ₹11,160 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Redgrain Technologies Private Limited (OPC) | ₹11,000 (FY 2021) | -57.0% | Howrah, West Bengal, India |
To see the full peer comparison of Nagalakshmi Tech Solutions Private Limited, buy the company report.
Auditor
Nagalakshmi Tech Solutions Private Limited is audited by c. kathiresan& co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| c. kathiresan& co | FY 2017 | 207648 |
Shareholding
The shareholding of Nagalakshmi Tech Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
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| Others |
To see the full shareholding pattern of Nagalakshmi Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nagalakshmi Tech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nagalakshmi Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nagalakshmi Tech Solutions Private Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nagalakshmi Tech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nagalakshmi Tech Solutions Private Limited, buy the company report.
Recent activity
Nagalakshmi Tech Solutions Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Ravichandra Reddy Bandi ceased to be Additional Director on 19 Nov 2019.
Frequently asked questions
Nagalakshmi Tech Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 October 2011 (15+ years old) and is registered under CIN U72900TN2011PTC082787.
Nagalakshmi Tech Solutions has 2 current directors:
- Vikram Bandaru - Director
- Ravichandra Reddy Bandi - Director
The latest financial statements of Nagalakshmi Tech Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Nagalakshmi Tech Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nagalakshmi Tech Solutions is U72900TN2011PTC082787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nagalakshmi Tech Solutions was incorporated on 19 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Nagalakshmi Tech Solutions by revenue are M S G Technicalsolution Private Limited, Dezilr Tech Online Private Limited, Stanza Infotech Private Limited, Acer Investments and Consultancy Private Limited, Crypto Secure Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Ravichandra Reddy Bandi ceased to be Additional Director on 19 Nov 2019. Vikram Bandaru ceased to be Additional Director on 19 Nov 2019. Karthik Nagarajan ceased to be Director on 29 Oct 2019. Nagalakshmi Tech Solutions has 7 board changes on record in total.
The registered office of Nagalakshmi Tech Solutions is at Plot No 2 Door No 256 Nagarajan Street T.V. Nagaraja Iyer Street East Tambaram, Chennai, Tamil Nadu, India – 600059.
Nagalakshmi Tech Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Nagalakshmi Tech Solutions is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.