Odessa Solutions Private Limited

Odessa Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2002PTC121497 Incorporated 24 April 2002 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹337.1 Cr
▲ 9% YoY
Net profit · FY 2024
₹41.23 Cr
Net margin 12.2%
EBITDA · FY 2024
₹60.55 Cr
EBITDA margin 18%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.5 Lakh
Issued & subscribed
Satisfied charges
₹1.9 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
1,060
Provident fund records

About Odessa Solutions Private Limited

Data last updated:

Odessa Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Odessa Technologies Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 April 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2002PTC121497. Its GSTIN is 29AAACO5449C1ZH (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.5 Lakh. It is led by directors including Madhu Natarajan and Sumit Maheshwari.

Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ggr Towers Unit 1 18/2B Bellandur Gate Sarjapur Road, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2024, the company reported a revenue of ₹337.1 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹41.23 Cr (net margin 12.2%) and EBITDA of ₹60.55 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 27% over five years.

The company has about 1,060 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Odessa. As per MCA filings, the company has satisfied charges of ₹1.9 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website odessatech.com.

Company Details of Odessa Solutions Private Limited
CIN U72200KA2002PTC121497
Registration Number 121497
Incorporation Date 24 April 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Odessa Technologies Inc.
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Ggr Towers Unit 1 18/2B Bellandur Gate Sarjapur Road, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Odessa Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

CIN History of Odessa Solutions Private Limited

Odessa Solutions has one previous CIN (Corporate Identification Number): U72200MH2002PTC135632. The current CIN is U72200KA2002PTC121497, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200KA2002PTC121497Current
U72200MH2002PTC135632Previous

Associated Brands with Odessa Solutions Private Limited

Odessa Solutions operates one associated brand: Odessa. Each brand links to its own profile.

BrandDescriptionWebsite
Odessa is recognized as a provider of asset finance software solutions.odessainc.com

Competitors & Alternatives of Odessa Solutions Private Limited

Brands and companies operating in the same space as Odessa Solutions Private Limited include LeaseAccelerator, International Decision Systems, Liventus and 4 more.

CompetitorDescriptionLocationFounded
LeaseAccelerator LeaseAccelerator Cloud-based lease accounting and management solutions are provided for businesses.Reston, United States2003
International Decision Systems International Decision Systems Lease and loan software solutions are provided for equipment finance.Minneapolis, United States1974
Liventus Liventus AI-based management solutions for equipment financing and leasing are provided.Northbrook, United States2002
Leneo Leneo Loan lifecycle management solutions for equipment lenders are provided.Copenhagen, Denmark2016
equipal equipal Equipment financing solutions are provided for enterprises through flexible packages.London, United Kingdom2018
LTi Technology Solutions LTi Technology Solutions Offers software platforms for equipment lease and loan finance management.Omaha, United States1989
Key Equipment Finance Key Equipment Finance Offers loans and leases for equipment to enhance business efficiency and cash flow.Superior, United States2003

Business Activity of Odessa Solutions Private Limited

The main business activity of Odessa Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Odessa Solutions Private Limited

Odessa Solutions Private Limited is audited by MSKC & Associates (Formerly known as R K Kumar & Co) for the financial year 2023.

NameStatusAppointment DateCessation Date
MSKC & Associates (Formerly known as R K Kumar & Co)LockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Odessa Solutions Private Limited

Odessa Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhu NatarajanDirector30 Sep 200422 Years 0 MonthsCurrent
Sumit MaheshwariDirector14 Apr 20251 Years 5 MonthsCurrent
Roopa JayaramanDirector22 May 20242 Years 4 MonthsCurrent
Jay Arun MehraDirector14 Nov 200223 Years 10 MonthsCurrent

Financials of Odessa Solutions Private Limited FY 2025 filings available

Odessa Solutions Private Limited reported revenue of ₹337.1 Cr (up 9% YoY) for FY 2024.

Revenue · FY 2024
₹337.1 Cr ▲ 9%
Net profit · FY 2024
₹41.23 Cr margin 12.2%
EBITDA · FY 2024
₹60.55 Cr margin 18%

Compounded Annual Growth Rate (CAGR) of Odessa Solutions Private Limited

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 25%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 9% growth in the latest year. EBITDA rose 9% 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 Odessa Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹60.55 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹41.23 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 Odessa Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin18%••••••••••••••••
Net Profit Margin12.2%••••••••••••••••
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 Odessa Solutions are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Odessa Solutions Private Limited

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Charges & Borrowings of Odessa Solutions Private Limited

Open charges
None
Satisfied charges
₹1.9 Cr
Breakdown by lending institutions
Others₹1.90 Cr
Latest charge details
DateLenderAmountStatus
30 Jun 2020Others₹1.9 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Odessa Solutions Private Limited

Odessa Solutions Private Limited has a workforce of 1,060 employees as of Apr 10, 2024.

Employee count
1,060
Active EPFO establishments
1
Employee growth
11.11%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Odessa Solutions Private Limited

Odessa Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACO5449C1ZHKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Odessa Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Odessa Solutions Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Odessa Solutions Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Odessa Solutions Private Limited

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MCA filings and documents

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Recent Activity on Odessa Solutions Private Limited

Activity
30 Jun 2025
Odessa Solutions Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Directors
14 Apr 2025
Sumit Maheshwari was appointed as a Director on 14 Apr 2025 & has been associated with this company since 1 year 5 months.
Activity
31 Mar 2025
Odessa Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
22 May 2024
Roopa Jayaraman was appointed as a Director on 22 May 2024 & has been associated with this company since 2 years 4 months.
Charges
31 Mar 2021
A charge registered on 30 Jun 2020 via Charge ID 100387571 with Others was fully satisfied on 31 Mar 2021.
Charges
30 Jun 2020
A charge with Others amounted to Rs. 190.00 Lakh with Charge ID 100387571 was registered on 30 Jun 2020.

Frequently Asked Questions about Odessa Solutions Private Limited

Odessa Solutions is an active 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 24 April 2002 (24+ years old) and is registered under CIN U72200KA2002PTC121497.

Odessa Solutions reported revenue of ₹337.1 Cr for FY 2024 (up 9% YoY).

Odessa Solutions has 4 current directors:

Odessa Solutions reported a net profit of ₹41.23 Cr (net margin 12.2%) and EBITDA of ₹60.55 Cr (EBITDA margin 18%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Odessa Solutions is 25% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Odessa Solutions is 29AAACO5449C1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Odessa Solutions is U72200KA2002PTC121497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Odessa Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.

Odessa Solutions was incorporated on 24 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

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