Opalescent IT Solutions Private Limited
About Opalescent IT Solutions Private Limited
Data last updated:
Opalescent IT Solutions 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 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC106661. Its GSTIN is 29AACCO5732C1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Manoj Chandra Gupta and Sharad Chandra Gupta.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.83 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹46.93 Lakh (net margin 8.1%) and EBITDA of ₹71.75 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 64% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.21 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressK – 201, Purva Panorama Kalena Agrahara, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Opalescent IT Solutions Private Limited
The main business activity of Opalescent IT 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 | 62 | 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 Opalescent IT Solutions Private Limited FY 2025 filings available
Opalescent IT Solutions Private Limited reported revenue of ₹5.83 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Opalescent IT Solutions Private Limited
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA fell 41% 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 Opalescent IT Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹71.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹46.93 Lakh | •••• | •••• | •••• | •••• |
| 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 Opalescent IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| 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 Opalescent IT Solutions are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Opalescent IT Solutions Private Limited
Opalescent IT Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Chandra Gupta Also directs: Opalenextech Private Limited, Quantum Qube System Private Limited, Star1it Caravan Private Limited and 1 more | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Sharad Chandra Gupta Also directs: Maiden Paper Tubes Private Limited | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Neeraj Gupta Chandra | Director | 23 Apr 2018 | 8 Years 5 Months | Current |
| Rekha Singh Also directs: Opalenextech Private Limited, Quantum Qube System Private Limited, Star1it Caravan Private Limited and 2 more | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
Peer Comparison of Opalescent IT Solutions Private Limited
Opalescent IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iscs Technologies Private Limited | ₹5.84 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Itorizin Technology Solutions Private Limited | ₹5.84 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Kolkata, West Bengal, India |
| Isoftdt Private Limited | ₹5.84 Cr (FY 2024) | •••• | •••• | 1274.0% | •••• | Hyderabad, Telangana, India |
| Envista Consulting and Technology Solutions Private Limited | ₹5.84 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Aaslin Technologies Private Limited | ₹5.83 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Opalescent IT Solutions Private Limited this company | ₹5.83 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Bangalore, Karnataka, India |
| Unilogic Systems (India) Pvt Ltd | ₹5.81 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Nagpur, Maharashtra, India |
| Mindquest Software Solutions Private Limited | ₹5.81 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Hyderabad, Telangana, India |
| Rhythm Innovations India Private Limited | ₹5.81 Cr (FY 2025) | •••• | •••• | 1167.0% | •••• | Hyderabad, Telangana, India |
| Saasspot Technologies Private Limited | ₹5.81 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Navi Mumbai, Maharashtra, India |
| Famic Technologies Private Limited | ₹5.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Opalescent IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Opalescent IT Solutions Private Limited
Opalescent IT Solutions Private Limited is audited by PRAFULKUMARSAHU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAFULKUMARSAHU | 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.
Ownership and Shareholding of Opalescent IT 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 Opalescent IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2024 | Hdfc Bank Limited | ₹62.21 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Opalescent IT Solutions Private Limited
Opalescent IT Solutions Private Limited has a workforce of 4 employees as of Apr 05, 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 Opalescent IT Solutions Private Limited
Opalescent IT Solutions Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Preeti Gupta ceased to be Director on 03 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Opalescent IT 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 Opalescent IT 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 Opalescent IT 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 Opalescent IT Solutions Private Limited
Opalescent IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO5732C1ZL | Karnataka | Active | 13 Dec 2017 |
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 Opalescent IT 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 Opalescent IT Solutions Private Limited
Opalescent IT Solutions 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 25 September 2017 (9+ years old) and is registered under CIN U72900KA2017PTC106661.
Opalescent IT Solutions reported revenue of ₹5.83 Cr for FY 2025 (down 51% YoY).
Opalescent IT Solutions has 4 current directors:
- Manoj Chandra Gupta - Director
- Sharad Chandra Gupta - Director
- Neeraj Gupta Chandra - Director
- Rekha Singh - Director
Opalescent IT Solutions reported a net profit of ₹46.93 Lakh (net margin 8.1%) and EBITDA of ₹71.75 Lakh (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Opalescent IT Solutions is 130% over three years and 64% over five years. In the latest year (FY 2025) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Opalescent IT Solutions is 29AACCO5732C1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Opalescent IT Solutions is U72900KA2017PTC106661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opalescent IT Solutions was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Opalescent IT Solutions by revenue are Iscs Technologies Private Limited, Itorizin Technology Solutions Private Limited, Isoftdt Private Limited, Envista Consulting and Technology Solutions Private Limited, Aaslin Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Preeti Gupta ceased to be Director on 03 Oct 2024. Sharad Chandra Gupta was appointed as Director on 01 Apr 2022. Piyush Gupta ceased to be Director on 10 Aug 2020. Opalescent IT Solutions has 6 board changes on record in total.
The registered office of Opalescent IT Solutions is at K – 201, Purva Panorama Kalena Agrahara, Bangalore, Karnataka, India – 560076.